EFTA00199050

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

<table><tr><td>Transaction Detail</td><td>4</td></tr></table>

Fund Activity 4





<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

TAXPAYER NUMBER On File

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

<table border="1"><tr><td>MONEY MARKET FUND BALANCE</td><td>12,958,287</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$12,958,287</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>15,151,898</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-2,193,611</td></tr></table>

ACCOUNT NUMBER



INTERNATIOAL CHARITABLE



STATEMENT PERIOD July 1, 2005

THROUGH July 29, 2005

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 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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CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


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



INTERNATIOAL CHARITABLE


STATEMENT BACKER IS PRINTED ON THIS PAGE

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EFTA00199052



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><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Money Fund</td><td>2,447,662.51</td></tr><tr><td>Funds Deposited</td><td>180,702.78</td></tr><tr><td>Dividends/Interest</td><td>23.84</td></tr><tr><td>Amount Credited</td><td>$2,628,389.13</td></tr><tr><td>Money Fund</td><td>-217,389.13</td></tr><tr><td>Miscellaneous</td><td>-2,411,000.00</td></tr><tr><td>Amount Debited</td><td>$-2,628,389.13</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>36,662.51</td><td>191,956.16</td></tr><tr><td>Credit Balance Int.</td><td>23.84</td><td>23.84</td></tr><tr><td>Total</td><td>$36,686.35</td><td>$191,980.00</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>12,958,287</td></tr><tr><td>Total</td><td>$12,958,287</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 3,2000%</td><td>DICXX</td><td>12,958,286.85</td><td>1.0000</td><td>12,958,287</td><td>375,790</td><td>2.9000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$12,958,287</td><td>$375,790</td><td></td></tr></tbody></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



Bear, Steams Securities Corp.

One Metratech Center North Brooklyn, New York 11201-3859

027

STATEMENT PERIOD July 1, 2005



INTERNATIOAL CHARITABLE



THROUGH July 29, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

Your Portfolio Allocation



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

EFTA00199053



BEAR
STEARNS


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

4 of 5



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



## Your Portfolio Holdings (continued)

<table border="1"><tr><td>YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME</td><td>$375,790</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$12,958,287</td></tr></table>

Bear, Steams Securities Corp.

One Meterotech Center North Brooklyn, New York 11201-3859

## DEPOSITS AND WITHDRAWALS



Transaction Detail


<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>07/05/05</td><td>FUNDS REC</td><td>FNDS WIRED TO CITIBANK FROM HSBC BANK USA</td><td></td><td>180,702.78</td></tr><tr><td colspan="4">TOTAL</td><td>$180,702.78</td></tr></tbody></table>

STATEMENT PERIOD July 1, 2005

## MONEY FUND ACTIVITY

INTERNATIOAL CHARITABLE

THROUGH July 29, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

<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>07/01/05</td><td></td><td>OPENINGBALANCE</td><td></td><td>15,151,897.72</td><td></td><td></td><td></td></tr></tbody></table>

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

<table border="1"><tr><td>07/01/05</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-2,411,000</td><td>1.0000</td><td>2,411,000.00</td></tr><tr><td>07/01/05</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND</td><td>DICXX</td><td></td><td></td><td>36,662.51</td></tr></table>

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EFTA00199054



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 5**



INTERNATIOAL CHARITABLE



STATEMENT PERIOD July 1, 2005

## **Transaction Detail** (continued)

## MONEY FUND ACTIVITY (continued)

THROUGH July 29, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

<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>07/01/05</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST</td><td>DICXX</td><td>36,662.51</td><td></td><td>36,662.51</td><td></td></tr><tr><td>07/07/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>180,702.78</td><td>1.0000</td><td>180,702.78</td><td></td></tr><tr><td>07/25/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>23.84</td><td>1.0000</td><td>23.84</td><td></td></tr></tbody></table>

<table border="1"><tr><td>07/29/05</td><td>CLOSINGBALANCE</td><td colspan="2">12,958,286.85</td></tr><tr><td>TOTAL</td><td></td><td>-217,389.13</td><td>$2,447,662.51</td></tr></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>07/21/05</td><td>INTEREST ON CREDIT BALANCE<br>ACCT<br>AT 02,37500% 06/21 - 07/20</td><td></td><td></td><td></td><td></td><td>23.84</td></tr><tr><td colspan="7">TOTAL</td><td>$23.84</td></tr></tbody></table>

## 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>07/01/05</td><td>JOURNAL</td><td>TO</td><td>151,250.00</td><td></td></tr><tr><td>07/01/05</td><td>JOURNAL</td><td>TO</td><td>2,259,750.00</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-2,411,000.00</td><td></td></tr></tbody></table>

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