As an update to portfolio, the Salomon Smith Barney  account was down 3.2% from Friday's close to Monday's close. NOT BAD  considering. I have also attached a survey of community foundations investment  results compile by Colonial Consulting Group. To put in context these results,  we were up 3.78%  for the 2nd quarter and down 1.47% year to date. From the  initiation of our diversification program in Jan. 2000, the portfolio through  the 2nd qtr of this year is up 3.22%.
Robert W. Paddock
Managing Director - Fund  Development
Greater Houston Community Foundation
713-960-1990bpaddock@ghcf.org 
 - Survey Results 2nd qtr 2001.xls