Kentucky-Tennessee Society of American Foresters

2001 Memorial Scholarship Annual Report

INCOME ON INVESTMENTS

Interest on Merrill Lynch Ready Assets Fund $ 504.78

Dividend from Dean Witter Prime Interest Trust $ 178.39

Dean Witter Government Money Market $ .36

Dividends in TVA Knoxville Credit Union $ 20.82

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$ 704.35

Income from Memorials NONE

Total Expenses NONE

NET INCOME $ 704.35

ASSETS IN INVESTMENTS 12/31/01

Merrill Lynch Ready Assets --- Account #56604276 $13,397.10

Account Executive --- Sheena McCall

Asst. Acct. Executive --- John Cardwell

Dean Witter – Stanley Morgan Prime Interest Trust $ 2,632.98

Plan 061-094579504

Account Executive --- David Berman

Knoxville TVA Credit Union Business Savings Account $ 867.84

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Portfolio Total Investments $16,897.92

Submitted By: Wayne Clatterbuck, Chair

Douglas Boardman, Past Chair

Roger Bollinger, Member