EFTA00198949



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 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><tr><td>Fund Activity</td><td>5</td></tr><tr><td>Your Messages</td><td>6</td></tr></table>





# 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



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.

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

Your Portfolio at a Glance



INTERNATIONAL CHARITABLE



<table><thead><tr><th></th><th></th></tr></thead><tbody><tr><td>NET CREDIT BALANCE</td><td>51,884</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>7,756,703</td></tr><tr><td><strong>NET EQUITY THIS PERIOD</strong></td><td>$7,808,587</td></tr><tr><td><strong>NET EQUITY LAST STATEMENT</strong></td><td>9,460,332</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-1,651,745</td></tr></tbody></table>



ACCOUNT NUMBER



THROUGH January 31, 2003

| LAST STATEMENT | December 31, 2002 |

| :--- | :--- |

STATEMENT PERIOD January 1, 2003

Market Value of Your Portfolio

TAXPAYER NUMBER On File

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


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EFTA00198951



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>$113,828.97</td></tr><tr><td>Money Fund</td><td>1,610,200.12</td></tr><tr><td>Dividends/Interest</td><td>55.43</td></tr><tr><td>Amount Credited</td><td>$1,610,255.55</td></tr><tr><td>Money Fund</td><td>-10,200.12</td></tr><tr><td>Funds Withdrawn</td><td>-104,000.00</td></tr><tr><td>Miscellaneous</td><td>-1,558,000.00</td></tr><tr><td>Amount Debited</td><td>$-1,672,200.12</td></tr><tr><td>Net Cash Activity</td><td>-61,944.57</td></tr><tr><td>Closing Balance</td><td>$51,884.40</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>113,828.97</td><td>51,884.40</td></tr><tr><td>Net Cash Balance</td><td>$113,828.97</td><td>$51,884.40</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>55.43</td><td>55.43</td></tr><tr><td>Total</td><td>$55.43</td><td>$55.43</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>7,808,587</td></tr><tr><td>Total</td><td>$7,808,587</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE



| STATEMENT PERIOD | January 1, 2003 |
| :--- | :--- |
| THROUGH | January 31, 2003 |



ACCOUNT NUMBER



TAXPAYER NUMBER On File

Your Portfolio Allocation

| LAST STATEMENT | December 31, 2002 |

| :--- | :--- |

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

EFTA00198952



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

4 of 6

## 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 colspan="4">CASH BALANCE</td><td>51,884</td><td></td><td></td></tr><tr><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 1,2500%</td><td>DICXX</td><td>7,756,702.93</td><td>1.0000</td><td>7,756,703</td><td>100,837</td><td>1.3000</td></tr><tr><td colspan="4">TOTAL CASH &amp; CASH EQUIVALENTS</td><td>$7,808,587</td><td>$100,837</td><td></td></tr></tbody></table>

<table border="1"><tr><td>YOUR TOTAL ESTIMATED ANNUAL INCOME</td><td>$100,837</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$7,808,587</td></tr></table>



Transaction Detail


## DEPOSITS AND WITHDRAWALS

<table><thead><tr><th>DATE</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUN</th></tr></thead><tbody><tr><td>01/07/03</td><td>FND WIRED</td><td>MDA JPMORGAN CRASE FNDS WIRED TO BANK FD</td><td>104,000.00</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-104,000.00</td><td></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 January 1, 2003

THROUGH January 31, 2003



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2002 |

| :--- | :--- |

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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



CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY





Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859



**5 of 6**



INTERNATIONAL CHARITABLE



## **Transaction Detail** (continued)

STATEMENT PERIOD January 1, 2003

THROUGH January 31, 2003

## MONEY FUND ACTIVITY



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2002 |

| :--- | :--- |

<table><thead><tr><th>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>01/01/03</td><td></td><td>OPENINGBALANCE</td><td></td><td>9,346,502.81</td><td></td><td></td><td></td></tr><tr><td>01/02/03</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES<br>DIVIDEND REINVESTED</td><td>DICXX</td><td>10,200.12</td><td></td><td>10,200.12</td><td></td></tr><tr><td>01/02/03</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES<br>AMT INCLUDED IN 2002 - 1099</td><td>DICXX</td><td></td><td></td><td></td><td>10,200.12</td></tr><tr><td>01/07/03</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-1,600,000</td><td>1.0000</td><td></td><td>1,600,000.00</td></tr><tr><td>01/31/03</td><td></td><td>CLOSINGBALANCE</td><td></td><td>7,756,702.93</td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td></td><td>-10,200.12</td><td>$1,610,200.12</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>01/21/03</td><td>INTEREST ON CREDIT BALANCE AT 0 3/4% 12/21 THRU 12/30</td><td></td><td></td><td>0.7500</td><td></td><td>23.71</td></tr><tr><td>01/21/03</td><td>INTEREST ON CREDIT BALANCE AT 0 3/4% 12/31 THRU 01/20</td><td></td><td></td><td>0.7500</td><td></td><td>31.72</td></tr><tr><td colspan="6">TOTAL</td><td>$55.43</td></tr></tbody></table>

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

6 of 6

## **Transaction Detail** (continued)

## 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>01/07/03</td><td>JOURNAL</td><td>TO 047-30185<br>PER LOA</td><td>1,558,000.00</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-1,558,000.00</td><td></td></tr></tbody></table>

## Your messages



The interest, if any, charged to your account during December 2002 was computed on the net debit balance through December 30. The interest, if any, charged to your account during January 2003 is computed from December 31, 2002.





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





CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



Bear, Steams Securities Corp.

One Meterotech Center North Brooklyn, New York 11201-3859

INTERNATIONAL CHARITABLE

STATEMENT PERIOD January 1, 2003

THROUGH January 31, 2003



ACCOUNT NUMBER



| LAST STATEMENT | December 31, 2002 |

| :--- | :--- |

TAXPAYER NUMBER On File

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