EFTA00198676

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

<table><tr><td>Financial Summary</td><td>3</td></tr><tr><td>Your Portfolio Holdings</td><td>4</td></tr><tr><td>Transaction Detail</td><td>5</td></tr><tr><td>Fund Activity</td><td>5</td></tr><tr><td>Your Messages</td><td>6</td></tr></table>





# INTERNATIONAL CHARITABLE INTS

FINANCIAL TRUST CO TTEE

DTD 4-28-94

ATTN JEANIE BRENNAN

6100 RED HOOK QUARTE STE B-3

ST THOMAS VI 00802



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account.

Your Portfolio at a Glance

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

*This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.

<table border="1"><tr><td>NET CREDIT BALANCE</td><td>69,259</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>3,428,339</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$3,497,598</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>3,477,606</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>19,992</td></tr></table>



INTERNATIONAL CHARITABLE INTS



| LAST STATEMENT | September 28, 2001 |

| :--- | :--- |

TAXPAYER NUMBER On File

THROUGH October 26, 2001

ACCOUNT NUMBER

STATEMENT PERIOD September 29, 2001

Market Value of Your Portfolio

Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.

This summary is for informational purposes only. It is not intended as a tax document. This statement should be retained for your records. See reverse side for important information.

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CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY




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Bear, Steams Securities Corp.
One Metrotech Center North
Brooklyn, New York 11201-3859

STATEMENT BACKER IS PRINTED ON THIS PAGE



INTERNATIONAL CHARITABLE INTS


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EFTA00198678



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

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## Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$557,257.34</td></tr><tr><td>Money Fund</td><td>7,991.30</td></tr><tr><td>Funds Deposited</td><td>161,803.99</td></tr><tr><td>Dividends/Interest</td><td>797.92</td></tr><tr><td>Amount Credited</td><td>$170,593.21</td></tr><tr><td>Money Fund</td><td>-507,991.30</td></tr><tr><td>Funds Withdrawn</td><td>-150,600.00</td></tr><tr><td>Amount Debited</td><td>$-658,591.30</td></tr><tr><td>Net Cash Activity</td><td>-487,998.09</td></tr><tr><td>Closing Balance</td><td>$69,259.25</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>557,257.34</td><td>69,259.25</td></tr><tr><td>Net Cash Balance</td><td>$557,257.34</td><td>$69,259.25</td></tr></table>

Income Summary

<table border="1"><tr><td></td><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Dividends</td><td>7,991.30</td><td>28,339.05</td></tr><tr><td>Credit Balance Int.</td><td>797.92</td><td>9,001.79</td></tr><tr><td>Total</td><td>$8,789.22</td><td>$37,340.84</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>3,497,598</td></tr><tr><td>Total</td><td>$3,497,598</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE INTS



| STATEMENT PERIOD | September 29, 2001 |
| :--- | :--- |
| THROUGH | October 26, 2001 |



ACCOUNT NUMBER



TAXPAYER NUMBER On File

Your Portfolio Allocation

| LAST STATEMENT | September 28, 2001 |

| :--- | :--- |

Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.

EFTA00198679



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179



CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY



4 of 6



Bear, Steams Securities Corp.

One Meterotech Center North Brooklyn, New York 11201-3859



<table><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ESTIMATED ANNUAL INCOME</th><th>CURRENT YIELD (%)</th></tr></thead><tbody><tr><td>CASH BALANCE</td><td></td><td></td><td></td><td>69,259</td><td></td><td></td></tr><tr><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 2,7900%</td><td>DICCX</td><td>3,428,339.05</td><td>1.0000</td><td>3,428,339</td><td>113,135</td><td>3.3000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$3,497,598</td><td>$113,135</td><td></td></tr></tbody></table>

## Your Portfolio Holdings

## CASH & CASH EQUIVALENTS



INTERNATIONAL CHARITABLE INTS



STATEMENT PERIOD September 29, 2001

## Government & Agency Obligations

THROUGH October 26, 2001



ACCOUNT NUMBER



| LAST STATEMENT | September 28, 2001 |

| :--- | :--- |

TAXPAYER NUMBER On File

<table><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>ACCT TYPE</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ACCRUED INTEREST</th><th>ESTIMATED ANNUAL INCOME</th><th>CURRENT YIELD (%)</th></tr></thead><tbody><tr><td>UNITED MTG SECS CORP</td><td></td><td>CASH</td><td>7,587,000</td><td>Unpriced</td><td></td><td></td><td>76</td><td></td></tr><tr><td>SERIES 93-1 CL B-2</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>DATED DATE 11/26/93</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>BOOK ENTRY ONLY</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>DUE 11/25/2003 .001%</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>FACTOR = 1.00000000</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total Government&amp; Agency Obligations</td><td></td><td></td><td></td><td></td><td>$0</td><td>$0</td><td>$76</td><td></td></tr><tr><td>TOTAL FIXED INCOME</td><td></td><td></td><td></td><td></td><td>$0</td><td>$0</td><td>$76</td><td></td></tr></tbody></table>

## FIXED INCOME

<table border="1"><tr><td>YOUR TOTAL ESTIMATED ANNUAL INCOME</td><td>$113,211</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$3,497,598</td></tr></table>

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10/27/01;09:11 001


EFTA00198680



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.
One Metrotech Center North Brooklyn, New York 11201-3859

**5 of 6**



Transaction Detail




INTERNATIONAL CHARITABLE INTS



## DEPOSITS AND WITHDRAWALS

<table><thead><tr><th>DATE</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>10/01/01</td><td>FND WIRED</td><td>MDA#M J P MORGAN BANK -1</td><td>139,832.00</td><td></td></tr><tr><td>10/10/01</td><td>FUNDS REC</td><td>FNDS WIRED TO CITIBANK FROM BK OF NYC</td><td></td><td>161,803.99</td></tr><tr><td>10/25/01</td><td>CHECK</td><td>CK GEORGE DELSON</td><td>4,368.00</td><td></td></tr><tr><td>10/26/01</td><td>CHECK</td><td>CK LAWRENCE NEWMAN</td><td>6,400.00</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-150,600.00</td><td>$161,803.99</td></tr></tbody></table>

STATEMENT PERIOD September 29, 2001

THROUGH October 26, 2001



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | September 28, 2001 |

| :--- | :--- |

## MONEY FUND ACTIVITY

<table><thead><tr><th>DATE MO/DAY</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>PRICE</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>09/29/01</td><td></td><td>OPENINGBALANCE</td><td></td><td>2,920,347.75</td><td></td><td></td><td></td></tr><tr><td>10/01/01</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND</td><td>DICCX</td><td></td><td></td><td></td><td>7,991.30</td></tr><tr><td>10/01/01</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVESTED</td><td>DICCX</td><td>7,991.30</td><td></td><td>7,991.30</td><td></td></tr><tr><td>10/17/01</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICCX</td><td>500,000</td><td>1.0000</td><td>500,000.00</td><td></td></tr><tr><td>10/26/01</td><td></td><td>CLOSINGBALANCE</td><td></td><td>3,428,339.05</td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td></td><td>-507,991.30</td><td>$7,991.30</td></tr></tbody></table>

027



10/27/01;09:11 001


EFTA00198681



BEAR
STEARNS




OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179




CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY



6 of 6

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE INTS



## **Transaction Detail** (continued)



INTEREST


STATEMENT PERIOD September 29, 2001

THROUGH October 26, 2001

<table><thead><tr><th>DATE</th><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>RATE (%)</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>10/22/01</td><td>INTEREST ON CREDIT BALANCE<br>AT 1 1/2% 09/21 THRU 09/23</td><td></td><td></td><td>1.5000</td><td></td><td>69.66</td></tr><tr><td>10/22/01</td><td>INTEREST ON CREDIT BALANCE<br>AT 2 1/2% 09/24 THRU 10/01</td><td></td><td></td><td>2.5000</td><td></td><td>299.88</td></tr><tr><td>10/22/01</td><td>INTEREST ON CREDIT BALANCE<br>AT 2,000% 10/02 THRU 10/20</td><td></td><td></td><td>2.0000</td><td></td><td>428.38</td></tr><tr><td colspan="6">TOTAL</td><td>$797.92</td></tr></tbody></table>

ACCOUNT NUMBER

TAXPAYER NUMBER On File

| LAST STATEMENT | September 28, 2001 |

| :--- | :--- |

## Your messages



We are pleased to announce that we have moved our world headquarters, previously located at 245 Park Avenue, to:



383 Madison Avenue

New York, New York 10179



While our telephone numbers and e-mail addresses remain the same, some fax numbers have changed. Please check with your Account Executive.



******* End of Statement*******


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