EFTA00199036



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

# INTERNATIOAL 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 00802-1348





STATEMENT PERIOD September 1, 2005



ACCOUNT NUMBER



THROUGH September 30, 2005



INTERNATIOAL CHARITABLE



TAXPAYER NUMBER On File

| LAST STATEMENT | August 31, 2005 |

| :--- | :--- |

Pursuant to your previously issued instructions, Bear Stearns Securities Corp. provides duplicate monthly statements and/or transaction confirmations to the third parties listed on the cover page of this statement. If you wish to modify or cease distribution to any of the recipients indicated, please contact your Account Executive. This reminder notice will continue to be provided to you on your quarterly statements.





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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 5

Your Messages 7





<table><thead><tr><th>INTERNATIOAL CHARITABLE</th></tr></thead><tbody><tr><td>INTERESTS II DTD 08/30/94</td></tr><tr><td>FINCL TR CO INC TTEE</td></tr><tr><td>ATTN JEANIE BRENNAN</td></tr><tr><td>6100 RED HOOK QUARTER STE B-3</td></tr><tr><td>ST THOMAS VI 00802-1348</td></tr></tbody></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



## Your Portfolio at a Glance

| LAST STATEMENT | August 31, 2005 |

| :--- | :--- |

TAXPAYER NUMBER On File

<table border="1"><tr><td>MONEY MARKET FUND BALANCE</td><td>20,667,553</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$20,667,553</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>7,992,695</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>12,674,858</td></tr></table>



ACCOUNT NUMBER



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

Bear, Steams Securities Corp.

One Metratech Center North Brooklyn, New York 11201-3859

Market Value of Your Portfolio

INTERNATIOAL CHARITABLE

STATEMENT PERIOD September 1, 2005

THROUGH September 30, 2005

Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 600-634-1428; 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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EFTA00199038



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY




2 of 8


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



INTERNATIOAL CHARITABLE


STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00199039



BEAR
STEARNS


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

3 of 8

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>Securities Sold</td><td>5,871,785.00</td></tr><tr><td>Money Fund</td><td>3,415,377.43</td></tr><tr><td>Funds Deposited</td><td>10,154,695.43</td></tr><tr><td>Amount Credited</td><td>$19,441,857.86</td></tr><tr><td>Money Fund</td><td>-16,059,857.86</td></tr><tr><td>Funds Withdrawn</td><td>-3,382,000.00</td></tr><tr><td>Amount Debited</td><td>$-19,441,857.86</td></tr><tr><td>Closing Balance</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>30,377.43</td><td>256,742.02</td></tr><tr><td>Credit Balance Int.</td><td>0.00</td><td>23.84</td></tr><tr><td>Total</td><td>$30,377.43</td><td>$256,765.86</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>20,667,553</td></tr><tr><td>Total</td><td>$20,667,553</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 3,6200%</td><td>DICXX</td><td>20,667,553.14</td><td>1.0000</td><td>20,667,553</td><td>702,697</td><td>3.4000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$20,667,553</td><td>$702,697</td><td></td></tr></tbody></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



027

Bear, Stearns Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

STATEMENT PERIOD September 1, 2005



INTERNATIOAL CHARITABLE



THROUGH September 30, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | August 31, 2005 |

| :--- | :--- |

Your Portfolio Allocation



10/01/05;11:50 001


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

EFTA00199040



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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



CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY



4 of 8



Bear, Steams Securities Corp.

One Mebrotech Center North Brooklyn, New York 11201-3859



<table border="1"><tr><td>YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME</td><td>$702,697</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$20,667,553</td></tr></table>

## Your Portfolio Holdings (continued)



INTERNATIOAL CHARITABLE



STATEMENT PERIOD September 1, 2005

THROUGH September 30, 2005



ACCOUNT NUMBER



## INVESTMENT ACTIVITY

TAXPAYER NUMBER On File

| LAST STATEMENT | August 31, 2005 |

| :--- | :--- |



Transaction Detail


<table><thead><tr><th>SETTLEMENT DATE</th><th>TRADE DATE</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>09/12/05</td><td></td><td>RECEIVED</td><td>ID BIOMEDICAL CORP</td><td>IDBE</td><td>200,000</td><td></td><td></td><td></td></tr><tr><td>09/15/05</td><td>09/12/05</td><td>SOLD</td><td>ID BIOMEDICAL CORP<br>IB<br>REPORTED PRICE<br>29,290000 DIFFERENCE -0,060000</td><td>IDBE</td><td>-28,100</td><td>29.23000</td><td></td><td>821,363.00</td></tr><tr><td>09/16/05</td><td>09/13/05</td><td>SOLD</td><td>ID BIOMEDICAL CORP<br>IB<br>REPORTED PRICE<br>29,440000 DIFFERENCE -0,060000</td><td>IDBE</td><td>-171,900</td><td>29.38000</td><td></td><td>5,050,422.00</td></tr><tr><td colspan="9">TOTAL</td><td>$5,071,725.00</td></tr></tbody></table>

027



10/01/05;11:50 001


EFTA00199041



BEAR
STEARNS


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



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



5 of 8

Bear, Steams Securities Corp.

One Mebrotech Center North Brooklyn, New York 11201-3859



INTERNATIOAL CHARITABLE



## **Transaction Detail** (continued)

DEPOSITS AND WITHDRAWALS

STATEMENT PERIOD September 1, 2005

THROUGH September 30, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | August 31, 2005 |

| :--- | :--- |

<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>09/09/05</td><td>FND WIRED</td><td>MDA# NDS WIRED TO RANKAMERICA INTERNATIONAL FD</td><td>3,382,000.00</td><td></td></tr><tr><td>09/19/05</td><td>FUNDS REC</td><td>FNDS WIRED TO CITIBANK FROM MARINE NYC</td><td></td><td>10,154,695.43</td></tr><tr><td colspan="3">TOTAL</td><td>-3,382,000.00</td><td>$10,154,695.43</td></tr></tbody></table>

## MONEY FUND ACTIVITY

<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>09/01/05</td><td></td><td>OPENINGBALANCE</td><td></td><td>7,992,695.28</td><td></td><td></td><td></td></tr></tbody></table>

<table border="1"><tr><td>09/01/05</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND</td><td>DICXX</td><td></td><td></td><td></td><td>30,377.43</td></tr><tr><td>09/01/05</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST</td><td>DICXX</td><td>30,377.43</td><td></td><td>30,377.43</td><td></td></tr><tr><td>09/09/05</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-3,385,000</td><td>1.0000</td><td></td><td>3,385,000.00</td></tr><tr><td>09/12/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>3,000</td><td>1.0000</td><td>3,000.00</td><td></td></tr><tr><td>09/15/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>821,363</td><td>1.0000</td><td>821,363.00</td><td></td></tr><tr><td>09/16/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>5,050,422</td><td>1.0000</td><td>5,050,422.00</td><td></td></tr><tr><td>09/20/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>10,154,695.43</td><td>1.0000</td><td>10,154,695.43</td><td></td></tr></table>

027



10/01/05;11:50 001


EFTA00199042



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

INTERNATIOAL 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>09/30/05</td><td></td><td>CLOSINGBALANCE</td><td></td><td>20,667,553.14</td><td></td><td></td><td></td></tr><tr><td colspan="6">TOTAL</td><td>-$16,059,857.86</td><td>$3,415,377.43</td></tr></tbody></table>

027

EFTA00199043



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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



CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY



7 of 8

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

INTERNATIOAL CHARITABLE

At May 31, 2005 and July 31, 2005, the Company's net capital of approximately $4.1 billion and $3.9 billion was approximately 6% and 7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $1.3 billion and $1.1 billion by approximately $2.8 billion and $2.8 billion, 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.

## Your messages

STATEMENT PERIOD September 1, 2005



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

THROUGH September 30, 2005

AGCOUNT NUMBER

TAXPAYER NUMBER On File



| LAST STATEMENT | August 31, 2005 |

| :--- | :--- |

Securities and other assets in your account are the firm's collateral for any margin loan made to you. If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:

- You can lose more funds than you deposit in the margin account.

- The firm can force the sale of securities or other assets in your account(s).

- The firm can sell your securities or other assets without contacting you.

- You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call.

- The firm can increase its "house" maintenance margin requirements at any time and is not required to provide you advance written notice.

- You are not entitled to an extension of time on a margin call.

027



10/01/05;11:50 001


EFTA00199044



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



8 of 8

Bear, Steams Securities Corp.

One Mebrotech Center North

Brooklyn, New York 11201-3859



INTERNATIOAL CHARITABLE



This statement is provided to explain Bear, Stearns & Co. Inc.'s ("BSC") payment for order flow practices.



BSC routes a majority of orders for customer securities transactions to the primary market for such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge.

| STATEMENT PERIOD | September 1, 2005 |

| :--- | :--- |

| THROUGH | September 30, 2005 |



## Pursuant to SEC Rule 11Ac1-6, please note the following:

Bear, Stearns & Co., Inc. will post its quarterly routing statistics at the following web link: http://www.bearstearns.com/. Click on Individual Investor, Click on Equities, Click on Order Routing Practices.

Customers of Bear, Stearns & Co. Inc. may request information on any order executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders.

STOP



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


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