EFTA00198813

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



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

<table border="1"><tr><td>Financial Summary</td><td>3</td></tr><tr><td>Your Portfolio Holdings</td><td>3</td></tr><tr><td>Transaction Detail</td><td>4</td></tr><tr><td>Your Messages</td><td>5</td></tr></table>

## What’s In This Statement

Bear, Steams Securities Corp.

One Metratech Center North

Brooklyn, New York 11201-3859





# INTERNATIONAL CHARITABLE

INTERESTS II DTD 08/30/94

FINCL TR CO INC TTEE \*

ATTN JEANIE BRENNAN

6100 RED HOOK QUARTER STE B-3

ST THOMAS VI 00802



INTERNATIONAL CHARITABLE



STATEMENT PERIOD February 24, 2001

THROUGH March 30, 2001



ACCOUNT NUMBER 040-51256 X72



TAXPAYER NUMBER 13-7047334

| LAST STATEMENT | February 23, 2001 |

| :--- | :--- |

## Your Portfolio at a Glance

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

<table border="1"><tr><td>NET CREDIT BALANCE</td><td>50,500</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$50,500</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>50,305</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>195</td></tr></table>

Market Value of Your Portfolio

Important Notice

Decimal Trading is Here for Nasdaq!

Decimal Trading is the shift from fractional pricing (e.g. 211/2) to decimal pricing (e.g.$21.50) for equities and options.

Nasdaq securities have been phased in during March and the remaining securities are scheduled to be trading in decimals in April.

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.

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CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY



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

STATEMENT BACKER IS PRINTED ON THIS PAGE



INTERNATIONAL CHARITABLE


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EFTA00198815



BEAR
STEARNS


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

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## Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$50,304.75</td></tr><tr><td>Dividends/Interest</td><td>194.93</td></tr><tr><td>Amount Credited</td><td>$194.93</td></tr><tr><td>Net Cash Activity</td><td>194.93</td></tr><tr><td>ClosingBalance</td><td>$50,499.68</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>50,304.75</td><td>50,499.68</td></tr><tr><td>Net Cash Balance</td><td>$50,304.75</td><td>$50,499.68</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>194.93</td><td>904.33</td></tr><tr><td>Total</td><td>$194.93</td><td>$904.33</td></tr></table>

CASH & CASH EQUIVALENTS

## Your Portfolio Holdings

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>50,500</td></tr><tr><td>Total</td><td>$50,500</td></tr></table>

<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>50,500</td><td></td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$50,500</td><td></td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



Bear, Steams Securities Corp.

One Metratech Center North Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE



| Description | Value |
| :--- | :--- |
| ACCOUNT NUMBER | 040-51256 X72 |
| TAXPAYER NUMBER | 13-7047334 |
| LAST STATEMENT | February 23, 2001 |

Your Portfolio Allocation

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

EFTA00198816



BEAR
STEARNS


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



CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY



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Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859





INTERNATIONAL CHARITABLE



<table><thead><tr><th>YOUR PRICED PORTFOLIOHOLDINGS</th><td>$50,499</td></tr></thead></table>

## Your Portfolio Holdings (continued)



INTEREST


STATEMENT PERIOD February 24, 2001



Transaction Detail


THROUGH March 30, 2001



ACCOUNT NUMBER 040-51256 X72



TAXPAYER NUMBER 13-7047334

| LAST STATEMENT | February 23, 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>03/21/01</td><td>INTEREST ON CREDIT BALANCE AT 4 1/2% 03/20 THRU 03/20</td><td></td><td></td><td>4.5000</td><td></td><td>6.29</td></tr><tr><td>03/21/01</td><td>INTEREST ON CREDIT BALANCE AT 5,000% 02/21 THRU 03/19</td><td></td><td></td><td>5.0000</td><td></td><td>188.64</td></tr><tr><td colspan="6">TOTAL</td><td>$194.93</td></tr></tbody></table>

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BEAR
STEARNS


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



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## Your messages



Bear, Stearns Securities Corp. Net Capital and Net Capital Requirements:



CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY



At November 30, 2000 and January 26, 2001, the Company's net capital of $2,620,960,000 and $2,761,817,000 was approximately 9% and 10% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $572,456,000 and $559,381,000 by $2,048,504,000 and $2,202,436,000, all respectively.

A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com. Alternatively, to request a free printed copy please call toll free 1-866-299-9331.

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE



| STATEMENT PERIOD | February 24, 2001 |

| :--- | :--- |

| THROUGH | March 30, 2001 |

| Description | Value |

| :--- | :--- |

| ACCOUNT NUMBER | 040-51256 X72 |

| TAXPAYER NUMBER | 13-7047334 |

| LAST STATEMENT | February 23, 2001 |



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



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