EFTA00199077

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





<table border="1"><tr><td>INTERNATIOAL CHARITABLE</td></tr><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></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



## Your Portfolio at a Glance

<table border="1"><tr><td>MONEY MARKET FUND BALANCE</td><td>14,977,663</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$14,977,663</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>27,342,121</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-12,364,458</td></tr></table>

| LAST STATEMENT | December 31, 2004 |

| :--- | :--- |

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

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



INTERNATIOAL CHARITABLE



Market Value of Your Portfolio



ACCOUNT NUMBER



STATEMENT PERIOD January 1, 2005

TAXPAYER NUMBER On File

THROUGH January 31, 2005

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.

027 02/01/05:07:55 001

V870

EFTA00199078



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


2 of 5

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



INTERNATIOAL CHARITABLE


STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00199079



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>12,453,541.45</td></tr><tr><td>Amount Credited</td><td>$12,453,541.45</td></tr><tr><td>Money Fund</td><td>-44,541.45</td></tr><tr><td>Funds Withdrawn</td><td>-10,000,000.00</td></tr><tr><td>Miscellaneous</td><td>-2,409,000.00</td></tr><tr><td>Amount Debited</td><td>$-12,453,541.45</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>14,977,663</td></tr><tr><td>Total</td><td>$14,977,663</td></tr></table>

## Your Portfolio Holdings



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



## CASH & CASH EQUIVALENTS

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.

<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 2.1700%</td><td>DICXX</td><td>14,977,662.85</td><td>1.0000</td><td>14,977,663</td><td>299,553</td><td>2.0000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$14,977,663</td><td>$299,553</td><td></td></tr></tbody></table>

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIOAL CHARITABLE



STATEMENT PERIOD January 1, 2005

THROUGH January 31, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2004 |

| :--- | :--- |

027

Your Portfolio Allocation

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



02/01/05;07:55 001


EFTA00199080



BEAR
STEARNS


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

4 of 5

## Your Portfolio Holdings (continued)



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



<table border="1"><tr><td>YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME</td><td>$299,553</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$14,977,663</td></tr></table>



Transaction Detail




Bear, Steams Securities Corp.

One Mebrotech Center North Brooklyn, New York 11201-3859



## DEPOSITS AND WITHDRAWALS

## MONEY FUND ACTIVITY

STATEMENT PERIOD January 1, 2005



INTERNATIOAL CHARITABLE



THROUGH January 31, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2004 |

| :--- | :--- |

<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>01/01/05</td><td></td><td>OPENINGBALANCE</td><td></td><td>27,342,121.40</td><td></td><td></td><td></td></tr></tbody></table>

<table border="1"><tr><td>01/03/05</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-10,000,000</td><td>1.0000</td><td></td><td>10,000,000.00</td></tr><tr><td>01/03/05</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST</td><td>DICXX</td><td>44,541.45</td><td></td><td>44,541.45</td><td></td></tr></table>

027



02/01/05;07:55 001


EFTA00199081



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



## **Transaction Detail** (continued)

STATEMENT PERIOD January 1, 2005

## MONEY FUND ACTIVITY (continued)

<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>01/03/05</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES AMT INCLUDED IN 2004 - 1099</td><td>DICXX</td><td></td><td></td><td></td><td>44,541.45</td></tr><tr><td>01/05/05</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-2,409,000</td><td>1.0000</td><td></td><td>2,409,000.00</td></tr><tr><td>01/31/05</td><td></td><td>CLOSINGBALANCE</td><td></td><td>14,977,662.85</td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td></td><td>-44,541.45</td><td>$12,453,541.45</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>01/05/05</td><td>JOURNAL</td><td>TO</td><td>150,000.00</td><td></td></tr><tr><td>01/05/05</td><td>JOURNAL</td><td>TO</td><td>2,259,000.00</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-2,409,000.00</td><td></td></tr></tbody></table>



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


027



02/01/05;07:55 001


EFTA00199082