EFTA00198961

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

Financial Summary 3

Your Portfolio Holdings ... 3

Transaction Detail 4

Fund Activity 4







CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



# 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

Bear, Steams Securities Corp.

One Metratech Center North

Brooklyn, New York 11201-3859

ACCOUNT NUMBER

## Your Portfolio at a Glance

STATEMENT PERIOD October 30, 2004

TAXPAYER NUMBER On File

| LAST STATEMENT | October 29, 2004 |

| :--- | :--- |



INTERNATIONAL CHARITABLE



<table border="1"><tr><td>MONEY MARKET FUND BALANCE</td><td>27,308,915</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$27,308,915</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>27,272,234</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>36,681</td></tr></table>

THROUGH November 30, 2004

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

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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EFTA00198962

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

2 of 4

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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EFTA00198963



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

3 of 4

## Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Money Fund</td><td>36,681.12</td></tr><tr><td>Amount Credited</td><td>$36,681.12</td></tr><tr><td>Money Fund</td><td>-36,681.12</td></tr><tr><td>Amount Debited</td><td>$-36,681.12</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

Income Summary

<table border="1"><tr><td></td><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Dividends</td><td>36,681.12</td><td>204,298.05</td></tr><tr><td>Total</td><td>$36,681.12</td><td>$204,298.05</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>27,308,915</td></tr><tr><td>Total</td><td>$27,308,915</td></tr></table>

## Your Portfolio Holdings

Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.

## 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>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,8400%</td><td>DICXX</td><td>27,308,915.49</td><td>1.0000</td><td>27,308,915</td><td>436,943</td><td>1.6000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$27,308,915</td><td>$436,943</td><td></td></tr></tbody></table>

<table border="1"><tr><td>YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME</td><td>$436,943</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$27,308,915</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

027

INTERNATIONAL CHARITABLE

STATEMENT PERIOD October 30, 2004

THROUGH November 30, 2004



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | October 29, 2004 |

| :--- | :--- |



12/01/04;14:42 001


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

EFTA00198964



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



4 of 4



INTERNATIONAL CHARITABLE





Transaction Detail


<table border="1"><tr><td>DATE MO/DAY</td><td>TRANSACTION</td><td>DESCRIPTION</td><td>SYMBOL/CUSIP</td><td>QUANTITY</td><td>PRICE</td><td>DEBIT AMOUNT</td><td>CREDIT AMOUNT</td></tr><tr><td>10/30/04</td><td></td><td>OPENINGBALANCE</td><td></td><td>27,272,234.37</td><td></td><td></td><td></td></tr></table>

<table border="1"><tr><td>11/01/04</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND</td><td>DICXX</td><td></td><td></td><td>36,681.12</td></tr><tr><td>11/01/04</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST</td><td>DICXX</td><td>36,681.12</td><td>36,681.12</td><td></td></tr></table>

<table border="1"><tr><td>11/30/04</td><td>CLOSINGBALANCE</td><td colspan="2">27,308,915.49</td></tr><tr><td>TOTAL</td><td></td><td>-36,681.12</td><td>$36,681.12</td></tr></table>





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




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