December 2, 1998

Mr. Daniel Reynolds

Firstar Trust Company

777 East Wisconsin Avenue

Milwaukee, WI 53202

Dear Dan:

The Lynde and Harry Bradley Foundation, Inc. (Bradley Foundation) is in the process of reviewing and evaluating its investment custodian needs and services. In this connection your organization is requested to respond to the attached request for proposal if you believe your organization can fulfill the investment custodian needs of the Bradley Foundation.

The Bradley Foundation is a nonprofit private foundation organized to raise, invest and reinvest money and devote the principal and net earnings therefrom perpetually and exclusively for charitable, scientific, literary and educational purposes. The Foundation's total investment portfolio at November 30, 1998 is approximately $585,000,000. Enclosed is the Bradley Foundation's 1997 Annual Report, which provides additional insight as to the Foundation's charitable activities.

I will be coordinating the proposal and evaluation process. On- site visits can be scheduled as needed. Detailed financial and investment information will be furnished upon request.

The schedule for the proposal process is as follows:

December 4, 1998	--	Issue request for proposal letter

January 27, 1999	--	Submit completed proposal

February 26, 1999	--	Selection of investment custodian

June 30, 1999	--	Complete transfer of all securities and records to new custodian

The Foundation's current investment portfolio allocation is as follows:

Cash/Cash Equivalents	0.8%

Fixed Income	17.7

Equities:

U.S. Large Cap	36.2

U.S. Small/Mid Cap	17.6

Foreign Equities	24.9

Non-liquid Alternative

Investments	5.8

100.0%

An investment custodian that can provide both U.S. domestic and foreign custodian investment services is preferred but not mandatory.

To the extent possible, please organize the information in your proposal in the order included in the request for proposal. Please submit three copies of your proposal to me no later than January 27, 1999. An earlier response would be appreciated.

Please advise if you intend to respond to the request for proposal and if you are able to conform to the aforementioned schedule. If you have any questions, please call me at 414-291-9915.

Very truly yours,

Robert N. Berkopec

RNB/ye

Enclosure

cc:	Mr. Richard Whittow

December 2, 1998

Ms. Eleanor Fitzgerald

Global Investor Services

The Chase Manhattan Bank

4 Chase MetroTech Center, 18th Floor

Brooklyn, NY 11245

Dear Ms. Fitzgerald:

The Lynde and Harry Bradley Foundation, Inc. (Bradley Foundation) is in the process of reviewing and evaluating its investment custodian needs and services. In this connection your organization is requested to respond to the attached request for proposal if you believe your organization can fulfill the investment custodian needs of the Bradley Foundation.

The Bradley Foundation is a nonprofit private foundation organized to raise, invest and reinvest money and devote the principal and net earnings therefrom perpetually and exclusively for charitable, scientific, literary and educational purposes. The Foundation's total investment portfolio at November 30, 1998 is approximately $585,000,000. Enclosed is the Bradley Foundation's 1997 Annual Report, which provides additional insight as to the Foundation's charitable activities.

I will be coordinating the proposal and evaluation process. On- site visits can be scheduled as needed. Detailed financial and investment information will be furnished upon request.

The schedule for the proposal process is as follows:

December 4, 1998	--	Issue request for proposal letter

January 27, 1999	--	Submit completed proposal

February 26, 1999	--	Selection of investment custodian

June 30, 1999	--	Complete transfer of all securities and records to new custodian

The Foundation's current investment portfolio allocation is as follows:

Cash/Cash Equivalents	0.8%

Fixed Income	17.7

Equities:

U.S. Large Cap	36.2

U.S. Small/Mid Cap	17.6

Foreign Equities	24.9

Non-liquid Alternative

Investments	5.8

100.0%

An investment custodian that can provide both U.S. domestic and foreign custodian investment services is preferred but not mandatory.

To the extent possible, please organize the information in your proposal in the order included in the request for proposal. Please submit three copies of your proposal to me no later than January 27, 1999. An earlier response would be appreciated.

Please advise if you intend to respond to the request for proposal and if you are able to conform to the aforementioned schedule. If you have any questions, please call me at 414-291-9915.

Very truly yours,

Robert N. Berkopec

RNB/ye

Enclosure

December 2, 1998

Mr. Michael J. Delaney

Vice President

The Northern Trust Company

50 South LaSalle Street

Chicago, IL 60675

Dear Michael:

The Lynde and Harry Bradley Foundation, Inc. (Bradley Foundation) is in the process of reviewing and evaluating its investment custodian needs and services. In this connection your organization is requested to respond to the attached request for proposal if you believe your organization can fulfill the investment custodian needs of the Bradley Foundation.

The Bradley Foundation is a nonprofit private foundation organized to raise, invest and reinvest money and devote the principal and net earnings therefrom perpetually and exclusively for charitable, scientific, literary and educational purposes. The Foundation's total investment portfolio at November 30, 1998 is approximately $585,000,000. Enclosed is the Bradley Foundation's 1997 Annual Report, which provides additional insight as to the Foundation's charitable activities.

I will be coordinating the proposal and evaluation process. On- site visits can be scheduled as needed. Detailed financial and investment information will be furnished upon request.

The schedule for the proposal process is as follows:

December 4, 1998	--	Issue request for proposal letter

January 27, 1999	--	Submit completed proposal

February 26, 1999	--	Selection of investment custodian

June 30, 1999	--	Complete transfer of all securities and records to new custodian

The Foundation's current investment portfolio allocation is as follows:

Cash/Cash Equivalents	0.8%

Fixed Income	17.7

Equities:

U.S. Large Cap	36.2

U.S. Small/Mid Cap	17.6

Foreign Equities	24.9

Non-liquid Alternative

Investments	5.8

100.0%

An investment custodian that can provide both U.S. domestic and foreign custodian investment services is preferred but not mandatory.

To the extent possible, please organize the information in your proposal in the order included in the request for proposal. Please submit three copies of your proposal to me no later than January 27, 1999. An earlier response would be appreciated.

Please advise if you intend to respond to the request for proposal and if you are able to conform to the aforementioned schedule. If you have any questions, please call me at 414-291-9915.

Very truly yours,

Robert N. Berkopec

RNB/ye

Enclosure

cc:	Mr. James M. Rauh

December 2, 1998

Ms. Anne Van Nostrand

Vice President, Trust Department

State Street Corporation

One ENterprise Drive

North Quincy, MA 02171

Dear Ms. Van Nostrand:

The Lynde and Harry Bradley Foundation, Inc. (Bradley Foundation) is in the process of reviewing and evaluating its investment custodian needs and services. In this connection your organization is requested to respond to the attached request for proposal if you believe your organization can fulfill the investment custodian needs of the Bradley Foundation.

The Bradley Foundation is a nonprofit private foundation organized to raise, invest and reinvest money and devote the principal and net earnings therefrom perpetually and exclusively for charitable, scientific, literary and educational purposes. The Foundation's total investment portfolio at November 30, 1998 is approximately $585,000,000. Enclosed is the Bradley Foundation's 1997 Annual Report, which provides additional insight as to the Foundation's charitable activities.

I will be coordinating the proposal and evaluation process. On- site visits can be scheduled as needed. Detailed financial and investment information will be furnished upon request.

The schedule for the proposal process is as follows:

December 4, 1998	--	Issue request for proposal letter

January 27, 1999	--	Submit completed proposal

February 26, 1999	--	Selection of investment custodian

June 30, 1999	--	Complete transfer of all securities and records to new custodian

The Foundation's current investment portfolio allocation is as follows:

Cash/Cash Equivalents	0.8%

Fixed Income	17.7

Equities:

U.S. Large Cap	36.2

U.S. Small/Mid Cap	17.6

Foreign Equities	24.9

Non-liquid Alternative

Investments	5.8

100.0%

An investment custodian that can provide both U.S. domestic and foreign custodian investment services is preferred but not mandatory.

To the extent possible, please organize the information in your proposal in the order included in the request for proposal. Please submit three copies of your proposal to me no later than January 27, 1999. An earlier response would be appreciated.

Please advise if you intend to respond to the request for proposal and if you are able to conform to the aforementioned schedule. If you have any questions, please call me at 414-291-9915.

Very truly yours,

Robert N. Berkopec

RNB/ye

Enclosure

December 2, 1998

Mr. Robert Ladley

Mellon Bank

1 Mellon Bank Center

Suite 3300

Pittsburgh, PA 15258

Dear Mr. Ladley:

The Lynde and Harry Bradley Foundation, Inc. (Bradley Foundation) is in the process of reviewing and evaluating its investment custodian needs and services. In this connection your organization is requested to respond to the attached request for proposal if you believe your organization can fulfill the investment custodian needs of the Bradley Foundation.

The Bradley Foundation is a nonprofit private foundation organized to raise, invest and reinvest money and devote the principal and net earnings therefrom perpetually and exclusively for charitable, scientific, literary and educational purposes. The Foundation's total investment portfolio at November 30, 1998 is approximately $585,000,000. Enclosed is the Bradley Foundation's 1997 Annual Report, which provides additional insight as to the Foundation's charitable activities.

I will be coordinating the proposal and evaluation process. On- site visits can be scheduled as needed. Detailed financial and investment information will be furnished upon request.

The schedule for the proposal process is as follows:

December 4, 1998	--	Issue request for proposal letter

January 27, 1999	--	Submit completed proposal

February 26, 1999	--	Selection of investment custodian

June 30, 1999	--	Complete transfer of all securities and records to new custodian

The Foundation's current investment portfolio allocation is as follows:

Cash/Cash Equivalents	0.8%

Fixed Income	17.7

Equities:

U.S. Large Cap	36.2

U.S. Small/Mid Cap	17.6

Foreign Equities	24.9

Non-liquid Alternative

Investments	5.8

100.0%

An investment custodian that can provide both U.S. domestic and foreign custodian investment services is preferred but not mandatory.

To the extent possible, please organize the information in your proposal in the order included in the request for proposal. Please submit three copies of your proposal to me no later than January 27, 1999. An earlier response would be appreciated.

Please advise if you intend to respond to the request for proposal and if you are able to conform to the aforementioned schedule. If you have any questions, please call me at 414-291-9915.

Very truly yours,

Robert N. Berkopec

RNB/ye

Enclosure

December 2, 1998

Ms. K.C. Mosley

Vice President, Sales & Marketing

Harris Bank

111 West Monroe

Floor #2D Center

Chicago, IL 60603

Dear Ms. Mosley:

The Lynde and Harry Bradley Foundation, Inc. (Bradley Foundation) is in the process of reviewing and evaluating its investment custodian needs and services. In this connection your organization is requested to respond to the attached request for proposal if you believe your organization can fulfill the investment custodian needs of the Bradley Foundation.

The Bradley Foundation is a nonprofit private foundation organized to raise, invest and reinvest money and devote the principal and net earnings therefrom perpetually and exclusively for charitable, scientific, literary and educational purposes. The Foundation's total investment portfolio at November 30, 1998 is approximately $585,000,000. Enclosed is the Bradley Foundation's 1997 Annual Report, which provides additional insight as to the Foundation's charitable activities.

I will be coordinating the proposal and evaluation process. On- site visits can be scheduled as needed. Detailed financial and investment information will be furnished upon request.

The schedule for the proposal process is as follows:

December 4, 1998	--	Issue request for proposal letter

January 27, 1999	--	Submit completed proposal

February 26, 1999	--	Selection of investment custodian

June 30, 1999	--	Complete transfer of all securities and records to new custodian

The Foundation's current investment portfolio allocation is as follows:

Cash/Cash Equivalents	0.8%

Fixed Income	17.7

Equities:

U.S. Large Cap	36.2

U.S. Small/Mid Cap	17.6

Foreign Equities	24.9

Non-liquid Alternative

Investments	5.8

100.0%

An investment custodian that can provide both U.S. domestic and foreign custodian investment services is preferred but not mandatory.

To the extent possible, please organize the information in your proposal in the order included in the request for proposal. Please submit three copies of your proposal to me no later than January 27, 1999. An earlier response would be appreciated.

Please advise if you intend to respond to the request for proposal and if you are able to conform to the aforementioned schedule. If you have any questions, please call me at 414-291-9915.

Very truly yours,

Robert N. Berkopec

RNB/ye

Enclosure