EFTA00198993

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 ... 4

Transaction Detail 4

Fund Activity 4





# 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 SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

## Your Portfolio at a Glance

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



INTERNATIONAL CHARITABLE



<table border="1"><tr><td>NET CREDIT BALANCE</td><td>965</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>29,740,425</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$29,741,390</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>29,724,380</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>17,010</td></tr></table>

ACCOUNT NUMBER

| LAST STATEMENT | April 30, 2004 |

| :--- | :--- |

TAXPAYER NUMBER On File

STATEMENT PERIOD May 1, 2004

THROUGH May 28, 2004

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.

C 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


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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EFTA00198995



BEAR
STEARNS


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

3 of 5

## Cash Flow Analysis

<table border="1"><tr><td></td><th>THIS PERIOD</th></tr><tr><td>OpeningBalance</td><td>$964.97</td></tr><tr><td>Money Fund</td><td>17,009.95</td></tr><tr><td>Amount Credited</td><td>$17,009.95</td></tr><tr><td>Money Fund</td><td>-17,009.95</td></tr><tr><td>Amount Debited</td><td>$-17,009.95</td></tr><tr><td>ClosingBalance</td><td>$964.97</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>964.97</td><td>964.97</td></tr><tr><td>Net Cash Balance</td><td>$964.97</td><td>$964.97</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>17,009.95</td><td>35,857.28</td></tr><tr><td>Total</td><td>$17,009.95</td><td>$35,857.28</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>29,741,390</td></tr><tr><td>Total</td><td>$29,741,390</td></tr></table>

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY

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

| STATEMENT PERIOD | May 1, 2004 |
| :--- | :--- |
| THROUGH | May 28, 2004 |



INTERNATIONAL CHARITABLE



<table><thead><tr><th>ACCOUNT NUMBER</th><th></th></tr></thead><tbody><tr><td>TAXPAYER NUMBER</td><td>On File</td></tr><tr><td>LAST STATEMENT</td><td>April 30, 2004</td></tr></tbody></table>

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

EFTA00198996



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

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><th>CURRENТ YIELD (%)</th></tr></thead><tbody><tr><td>CASH BALANCE</td><td></td><td></td><td></td><td>965</td><td></td><td></td></tr><tr><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD .9100%</td><td>DICXX</td><td>29,740,424.75</td><td>1.0000</td><td>29,740,425</td><td>267,664</td><td>0.9000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$29,741,390</td><td>$267,664</td><td></td></tr></tbody></table>

<table border="1"><tr><td>YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME</td><td>$267,664</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$29,741,390</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

## MONEY FUND ACTIVITY



Transaction Detail


INTERNATIONAL CHARITABLE

STATEMENT PERIOD May 1, 2004

<table><thead><tr><th>DATE 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>05/01/04</td><td></td><td>OPENINGBALANCE</td><td></td><td>29,723,414.80</td><td></td><td></td><td></td></tr></tbody></table>



ACCOUNT NUMBER



THROUGH May 28, 2004

| LAST STATEMENT | April 30, 2004 |

| :--- | :--- |

TAXPAYER NUMBER On File

<table border="1"><tr><td>05/03/04</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND</td><td>DICXX</td><td></td><td>17,009.95</td></tr><tr><td>05/03/04</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST</td><td>DICXX</td><td>17,009.95</td><td>17,009.95</td></tr></table>

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05/29/04;12:32 001


EFTA00198997



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

INTERNATIONAL CHARITABLE

<table><thead><tr><th>DATE 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>05/28/04</td><td></td><td>CLOSINGBALANCE</td><td></td><td>29,740,424.75</td><td></td><td></td><td></td></tr><tr><td colspan="6">TOTAL</td><td>-$17,009.95</td><td>$17,009.95</td></tr></tbody></table>





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



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