EFTA00198725

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>4</td></tr></table>







CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



# 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

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE INTS



STATEMENT PERIOD December 30, 2000

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

| LAST STATEMENT | December 29, 2000 |

| :--- | :--- |

THROUGH January 26, 2001

## Your Portfolio at a Glance

<table border="1"><tr><td>NET CREDIT BALANCE</td><td>17,417</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$17,417</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>16,609</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>809</td></tr></table>

Market Value of Your Portfolio



Decimal Trading is Coming!

Decimal Trading is the shift from fractional pricing

(e.g.,21 1/2) to decimal

pricing (e.g.,$21.50) for

equities and options.



## Important Message

All trading on NYSE, AMEX, and regional exchanges will be in decimals effective as of 1/29/01.

For details, visit our website at www.bearstearns.com.

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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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>$16,608.64</td></tr><tr><td>Funds Deposited</td><td>2,400,000.00</td></tr><tr><td>Dividends/Interest</td><td>808.74</td></tr><tr><td>Amount Credited</td><td>$2,400,808.74</td></tr><tr><td>Funds Withdrawn</td><td>-150,000.00</td></tr><tr><td>Miscellaneous</td><td>-2,250,000.00</td></tr><tr><td>Amount Debited</td><td>$-2,400,000.00</td></tr><tr><td>Net Cash Activity</td><td>808.74</td></tr><tr><td>Closing Balance</td><td>$17,417.38</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>16,608.64</td><td>17,417.38</td></tr><tr><td>Net Cash Balance</td><td>$16,608.64</td><td>$17,417.38</td></tr></table>

Income Summary

<table border="1"><tr><td></td><td>THIS PERIOD</td><td>YEAR TO DATE</td></tr><tr><td>Credit Balance Int.</td><td>808.74</td><td>808.74</td></tr><tr><td>Total</td><td>$808.74</td><td>$808.74</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>17,417</td></tr><tr><td>Total</td><td>$17,417</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


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



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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

4 of 5

## Your Portfolio Holdings

CASH & CASH EQUIVALENTS

<table border="1"><tr><td>DESCRIPTION</td><td>SYMBOL/CUSIP</td><td>QUANTITY</td><td>PRICE</td><td>MARKET VALUE</td><td>ESTIMATED ANNUAL INCOME</td></tr><tr><td>CASH BALANCE</td><td></td><td></td><td></td><td>17,417</td><td></td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$17,417</td><td></td></tr></table>

<table><thead><tr><th>YOUR PRICED PORTFOLIOHOLDINGS</th><td>$17,417</td></tr></thead></table>



Transaction Detail


## 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>01/04/01</td><td>FND WIRED</td><td>IDA# FNDS WIRED TO J P MORGAN BANK -1</td><td>150,000.00</td><td></td></tr><tr><td>01/04/01</td><td>FUNDS REC</td><td>FNDS WIRED TO CITIBANK FROM CTC NJ</td><td></td><td>2,400,000.00</td></tr><tr><td colspan="3">TOTAL</td><td>-150,000.00</td><td>$2,400,000.00</td></tr></tbody></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE INTS



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BEAR
STEARNS


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



CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY



**5 of 5**

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE INTS



## **Transaction Detail** (continued)



INTEREST


STATEMENT PERIOD December 30, 2000

THROUGH January 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>01/22/01</td><td>INTEREST ON CREDIT BALANCE AT 6.000% 12/29 THRU 01/02</td><td></td><td></td><td>6.0000</td><td></td><td>13.84</td></tr><tr><td>01/22/01</td><td>INTEREST ON CREDIT BALANCE AT 5 1/2% 01/03 THRU 01/20</td><td></td><td></td><td>5.5000</td><td></td><td>389.42</td></tr><tr><td>01/22/01</td><td>INTEREST ON CREDIT BALANCE AT 6.000% 12/21 THRU 12/28</td><td></td><td></td><td>6.0000</td><td></td><td>405.48</td></tr><tr><td colspan="7">TOTAL</td><td>$808.74</td></tr></tbody></table>

| LAST STATEMENT | December 29, 2000 |
| :--- | :--- |

## MISCELLANEOUS

<table><thead><tr><th>DATE MO/DAY</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>01/05/01</td><td>JOURNAL</td><td>TO PER LOA/AS OF 01/04/01</td><td>2,250,000.00</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-2,250,000.00</td><td></td></tr></tbody></table>



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


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