EFTA00198822

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



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



| | |

| :--- | :--- |

| 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>4</td></tr><tr><td>Transaction Detail</td><td>4</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 December 30, 2000



THROUGH January 26, 2001



ACCOUNT NUMBER 040-51256 X72



TAXPAYER NUMBER 13-7047334

| LAST STATEMENT | December 29, 2000 |

| :--- | :--- |

## Your Portfolio at a Glance

<table border="1"><tr><td>NET CREDIT BALANCE</td><td>50,082</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$50,082</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>26,846</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>23,236</td></tr></table>

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

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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EFTA00198823



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


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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>$26,846.15</td></tr><tr><td>Funds Deposited</td><td>2,102,749.20</td></tr><tr><td>Dividends/Interest</td><td>486.89</td></tr><tr><td>Amount Credited</td><td>$2,103,236.09</td></tr><tr><td>Funds Withdrawn</td><td>-130,000.00</td></tr><tr><td>Miscellaneous</td><td>-1,950,000.00</td></tr><tr><td>Amount Debited</td><td>$-2,080,000.00</td></tr><tr><td>Net Cash Activity</td><td>23,236.09</td></tr><tr><td>Closing Balance</td><td>$50,082.24</td></tr></table>

## Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>26,846.15</td><td>50,082.24</td></tr><tr><td>Net Cash Balance</td><td>$26,846.15</td><td>$50,082.24</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>486.89</td><td>486.89</td></tr><tr><td>Total</td><td>$486.89</td><td>$486.89</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>50,082</td></tr><tr><td>Total</td><td>$50,082</td></tr></table>

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

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



INTERNATIONAL CHARITABLE



| EXPLANATION | VALUE |
| :--- | :--- |
| ACCOUNT NUMBER | 040-51256 X72 |
| TAXPAYER NUMBER | 13-7047334 |
| LAST STATEMENT | December 29, 2000 |

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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EFTA00198825



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><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ESTIMATED ANNUAL INCOME</th></tr></thead><tbody><tr><td>CASH BALANCE</td><td></td><td></td><td></td><td>50,082</td><td></td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$50,082</td><td></td></tr></tbody></table>

| YOUR PRICED PORTFOLIOHOLDINGS | $50,082 |
| :--- | :--- |



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 FD#06425</td><td>130,000.00</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>2,100,000.00</td></tr><tr><td>01/09/01</td><td>DEPOSIT</td><td>K SPELLMAN OO INTER CHART SUMMIT BANK</td><td></td><td>2,749.20</td></tr><tr><td colspan="3">TOTAL</td><td>-130,000.00</td><td>$2,102,749.20</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





STATEMENT PERIOD December 30, 2000



THROUGH January 26, 2001



ACCOUNT NUMBER 040-51256 X72



TAXPAYER NUMBER 13-7047334

| LAST STATEMENT | December 29, 2000 |

| :--- | :--- |

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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



## **Transaction Detail** (continued)



STATEMENT PERIOD December 30, 2000





INTEREST


THROUGH January 26, 2001



ACCOUNT NUMBER 040-51256 X72



TAXPAYER NUMBER 13-7047334

<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>22.37</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>35.79</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>428.73</td></tr><tr><td colspan="6">TOTAL</td><td>$486.89</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>1,950,000.00</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-1,950,000.00</td><td></td></tr></tbody></table>



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


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