EFTA00198689

OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
245 Park Avenue
New York, New York 10167

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

<table border="1"><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></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>LONG ACCRUED INTEREST</td><td>1</td></tr><tr><td>NET CREDIT BALANCE</td><td>443,649</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>2,911,351</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$3,355,001</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>3,194,575</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>160,426</td></tr></table>

| LAST STATEMENT | July 27, 2001 |

| :--- | :--- |

ACCOUNT NUMBER



INTERNATIONAL CHARITABLE INTS



TAXPAYER NUMBER On File

THROUGH August 31, 2001

STATEMENT PERIOD July 28, 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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EFTA00198690



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


2 of 5

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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EFTA00198691



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
245 Park Avenue
New York, New York 10167

3 of 5

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$292,665.88</td></tr><tr><td>Money Fund</td><td>9,441.74</td></tr><tr><td>Funds Deposited</td><td>150,001.28</td></tr><tr><td>Dividends/Interest</td><td>981.46</td></tr><tr><td>Amount Credited</td><td>$160,424.48</td></tr><tr><td>Money Fund</td><td>-9,441.74</td></tr><tr><td>Amount Debited</td><td>$-9,441.74</td></tr><tr><td>Net Cash Activity</td><td>150,982.74</td></tr><tr><td>Closing Balance</td><td>$443,648.62</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>292,665.88</td><td>443,648.62</td></tr><tr><td>Net Cash Balance</td><td>$292,665.88</td><td>$443,648.62</td></tr></table>

Income Summary

<table border="1"><tr><td></td><td>THIS PERIOD</td><td>YEAR TO DATE</td></tr><tr><td>Dividends</td><td>9,441.74</td><td>11,351.16</td></tr><tr><td>Credit Balance Int.</td><td>981.46</td><td>6,985.15</td></tr><tr><td>Total</td><td>$10,423.20</td><td>$18,336.31</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>3,355,000</td></tr><tr><td>Total</td><td>$3,355,000</td></tr></table>

027

Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE INTS



<table><tr><td>STATEMENT PERIOD</td><td>July 28, 2001</td></tr><tr><td>THROUGH</td><td>August 31, 2001</td></tr><tr><td>ACCOUNT NUMBER</td><td></td></tr><tr><td>TAXPAYER NUMBER</td><td>On File</td></tr><tr><td>LAST STATEMENT</td><td>July 27, 2001</td></tr></table>



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



EFTA00198692




BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
245 Park Avenue
New York, New York 10167



CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

4 of 5



INTERNATIONAL CHARITABLE INTS



## Your Portfolio Holdings

CASH & CASH EQUIVALENTS

<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>443,649</td><td></td><td></td></tr><tr><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICCX</td><td>2,911,351.16</td><td>1.0000</td><td>2,911,351</td><td>113,543</td><td>3.9000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$3,355,000</td><td>$113,543</td><td></td></tr></tbody></table>

STATEMENT PERIOD July 28, 2001

THROUGH August 31, 2001



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | July 27, 2001 |

| :--- | :--- |

Government & Agency Obligations

## FIXED INCOME

<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>1</td><td>76</td><td></td></tr><tr><td>SERIES 93-1 CL B-2<br>DATED DATE 11/26/93<br>BOOK ENTRY ONLY<br>DUE 11/25/2003 .001%<br>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>$1</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>$1</td><td>$76</td><td></td></tr></tbody></table>

<table border="1"><tr><td>YOUR TOTAL ACCRUED INTEREST</td><td>$1</td></tr><tr><td>YOUR TOTAL ESTIMATED ANNUAL INCOME</td><td>$113,619</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$3,354,999</td></tr></table>

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EFTA00198693




BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
245 Park Avenue
New York, New York 10167



CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY





Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859



5 of 5



INTERNATIONAL CHARITABLE INTS





Transaction Detail


STATEMENT PERIOD July 28, 2001

## DEPOSITS AND WITHDRAWALS

THROUGH August 31, 2001



ACCOUNT NUMBER



TAXPAYER NUMBER On File

<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>08/09/01</td><td>FUNDS REC</td><td>FNDS WIRED TO CITIBANK FROM BK OF NYC</td><td></td><td>150,001.28</td></tr><tr><td colspan="4">TOTAL</td><td>$150,001.28</td></tr></tbody></table>

| LAST STATEMENT | July 27, 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>07/28/01</td><td></td><td>OPENINGBALANCE</td><td></td><td>2,901,909.42</td><td></td><td></td><td></td></tr><tr><td>08/01/01</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>9,441.74</td></tr><tr><td>08/01/01</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVESTED</td><td>DICCX</td><td>9,441.74</td><td></td><td>9,441.74</td><td></td></tr><tr><td>08/31/01</td><td></td><td>CLOSINGBALANCE</td><td></td><td>2,911,351.16</td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td></td><td>-9,441.74</td><td>$9,441.74</td></tr></tbody></table>



INTEREST


<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>08/21/01</td><td>INTEREST ON CREDIT BALANCE AT 3 1/4% 07/21 THRU 08/20</td><td></td><td></td><td>3.2500</td><td></td><td>981.46</td></tr><tr><td colspan="7">TOTAL</td><td>$981.46</td></tr></tbody></table>

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