EFTA00199156

OFFICE SERVICING YOUR ACCOUNT

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



INVESTMENT PROFESSIONAL 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

Your Messages ... 5





# 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 00802-1348



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



## Your Portfolio at a Glance

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

TAXPAYER NUMBER On File



INTERNATIONAL CHARITABLE



<table border="1"><tr><td>MONEY MARKET FUND BALANCE</td><td>4,209,760</td><td>Cash&amp;E</td></tr><tr><td colspan="3">...</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$4,209,760</td><td></td></tr><tr><td colspan="3">...</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>4,191,371</td><td></td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>18,389</td><td></td></tr></table>

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

| LAST STATEMENT | May 31, 2007 |

| :--- | :--- |

ACCOUNT NUMBER

THROUGH June 29, 2007

STATEMENT PERIOD June 1, 2007

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. N.I.1201-3859.





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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

STATEMENT BACKER IS PRINTED ON THIS PAGE



INTERNATIONAL CHARITABLE


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STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

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Cash Flow Analysis

<table border="1"><tr><td></td><th>THIS PERIOD</th></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Money Fund</td><td>18,389.23</td></tr><tr><td>Amount Credited</td><td>$18,389.23</td></tr><tr><td>Money Fund</td><td>-18,389.23</td></tr><tr><td>Amount Debited</td><td>$-18,389.23</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>18,389.23</td><td>92,773.76</td></tr><tr><td>Total</td><td>$18,389.23</td><td>$92,773.76</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>4,209,760</td></tr><tr><td>Total</td><td>$4,209,760</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></tr></thead><tbody><tr><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,2200%</td><td>DICXX</td><td>4,209,760.49</td><td>1.0000</td><td>4,209,760</td></tr><tr><td colspan="4">TOTAL CASH &amp; CASH EQUIVALENTS</td><td>$4,209,760</td></tr></tbody></table>

<table><thead><tr><th>YOUR PRICED PORTFOLIOHOLDINGS</th><th>$4,209,760</th></tr></thead></table>



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE



STATEMENT PERIOD June 1, 2007

THROUGH June 29, 2007



ACCOUNT NUMBER



| LAST STATEMENT | May 31, 2007 |

| :--- | :--- |

TAXPAYER NUMBER On File

027



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



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EFTA00199159

<table><thead><tr><th>DATE</th><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>06/01/07</td><td></td><td>OPENINGBALANCE</td><td></td><td>4,191,371.26</td><td></td><td></td><td></td><td></td></tr><tr><td>06/01/07</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>18,389.23</td><td></td></tr><tr><td>06/01/07</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST</td><td>DICXX</td><td>18,389.23</td><td></td><td>18,389.23</td><td></td><td></td></tr><tr><td>06/29/07</td><td></td><td>CLOSINGBALANCE</td><td></td><td>4,209,760.49</td><td></td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td></td><td>-18,389.23</td><td>$18,389.23</td><td></td></tr></tbody></table>

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



**5 of 5**



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



Confirmation: Unless we hear from you to the contrary, it is our understanding that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us,

INTERNATIONAL CHARITABLE

You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. ("BSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement.

## Your messages



| STATEMENT PERIOD | June 1, 2007 |

| :--- | :--- |

| THROUGH | June 29, 2007 |



| LAST STATEMENT | May 31, 2007 |

| :--- | :--- |



## SPECIAL NOTICE FOR MARGIN CUSTOMERS

If you are a customer with a margin account, you consent to Bear Stearns's right to use, lend or pledge any securities held by Bear Stearns in your margin account. In certain circumstances, such loans or other use may limit, in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant rights of ownership with respect to the loaned, sold or pledged securities. Such circumstances include, but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions. If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends.



In an effort to maximize execution quality, Bear Stearns may route your equity orders to its Smart Order Router (SOR). The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximize price and minimize market impact with respect to your order. The SOR routes orders using proprietary algorithms that scan exchanges, ECN's and other liquidity venues before it decides a strategy designed to achieve an optimal execution for clients. The SOR may in the course of executing an instruction change the entered order type from market to limit or may change the entered limit price in an attempt to obtain the best price. Although the Firm believes that the regular use of this technology benefits clients by achieving overall better execution quality, we cannot guarantee an optimal execution on any individual order.

STOP



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


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