AXA Rosenburg (Account Number 2601680)

--	Receivable per Firstar at 6/30/99 was $7,420.00. Amount received was $7,742.40. Could be additional income in July 1999.

--	Total receipts per northern $22,723,030.71. Balance of Firstar statement at 6/30/99 was $22,715,058.41.

TCW Small Cap - SL (Account Number 2601679)

--	Unable to reconcile opening security transfer between Northern and Firstar Statements. Firstar statement total assets at June 30, 1999 was $50,108,921.60.

--	Ending balance at 7/31/99 does not agree with revised statement from TCW ($46,339,195).

Fayez Sarofim (Account Number 2601676)

--	Security receipts of $98,808,338.71 (market value) does not agree with Firstar 6/30/99 statement.

--	Also unable to identify $226,658.99 miscellaneous cash receipts. This may be accrued income plus short-term investments at 6/30/99 per Firstar Statements ($225,691.99). However, there still is a $967 difference.

Acacia Institutional Partners (Account Number 2601678)

--	We agree with market value of $67,387,837. It should be noted that this is actually the 6/30/99 market value.

--	Statement does not reflect July 1999 transactions or July 31, 1999 actual balance (see statement).

--	Cost (book value) should be $50,984,279.96 versus $50,984,319.96. (See analysis.)

--	Foundation's books @ 6/30/99 included market value of $67,400,945.60, which is in agreement with your opening security receipt of $67,400,945.60. We agree with your $13,108.60 market value adjustment in July, 1999 to adjust market value to actual statement amount of $67,387,836.64.

Barclays Equity Ind Fd (Account Number 2601681)

--	Unable to determine basis of $10,202.99 miscellaneous cash receipt from Firstar. Uncertain if this belongs in Barclays account.

--	Uncertain where $15.08 cash and short-term investment balance at 6/30/99 included in Firstar statement was recorded in Northern Statements.

--	July 31, 1999 balance per Barclay statement is $43,224,645.37. Possible differences include:

$47,234,878.60	7/31/99 balance per Northern

(4,000,000.00)	Transfer in process

$43,234,887.60

Cash receipt recorded by

(10,202.99)	Northern in July, 1999

$43,224,684.61

Accrued income recorded by

(39.24)	Northern at 7/31/99

$43,224,645.37	Balance per Barclays @ 7/31/99