FOUNDATION OF THE JEWISH MUSEUM IN PRAGUE

Annual Reports for the year 2000

1. Name:
Jewish Museum in Prague Foundation (hereinafter the "Foundation")
Registered office: Jáchymova 3, Prague 1, 110 00
Identification number: 47 60 66 06

2. Assets:

The Foundation has financial resources of CZK 1,140,380.73
The Foundation has no liabilities.

3. Donations received:

In the year 2000 the Foundation received a donation of CZK 1,000.
Donor: Mrs Michele Huppert, 31/461 St. Kilda Rd., Melbourne 3004 Victoria, Australia.

Donations to the Foundation in the year 2000 amounted to: CZK 1,000.

4. Expenses:

a) Donation of CZK 12,000.
This sum was provided to the Benešov Memorial, o.p.s., based at Žižkova 535, 256 01 Benešov ( Identity No. 18623671) on the basis of an agreement for the provision of financial resources concluded between the Benešov Memorial and the Foundation on 12 March 1996 and on the basis of an addendum to this agreement concluded on 12 March 1996. This sum went towards the maintenance and running of the Memorial Hall for the Victims of Nazism, the maintenance of the area around the Memorial and the routine running of the exhibition that is located here.

a) Donation of CZK 13,500.
This sum was provided to the Aleš Hrdlieka Museum, based at Horní náměstí 273, 39601 Humpolec (Identity No. 696 38 549) on the basis of an agreement for the provision of financial resources concluded between the Aleš Hrdlieka Museum and the Foundation on 26 October 2000. This sum went towards the restoration of a Hebrew prayer manuscript.

Donations provided by the Foundation in the year 2000 amounted to: CZK 25, 500

1. Administration costs

In addition to the above amounts, the Foundation remunerated Mrs. Milada Kimlová (address: Lermontova 17/175, 160 00 Praha 6, Identity No.: 44872411) for book-keeping and accounting work in the year 2000 for the year 1999 - amount: CZK 600.

The above amount is the only cost associated with administration of the Foundation. It can therefore be stated that total administrative costs (pursuant to Article 21 sub-section 2 of Act No. 227/1997 Coll., on foundations and foundation funds and on a modification of and amendment to certain related laws) were minimal in the year 2000 and that the limit for foundation costs was not exceeded pursuant to Article 22 of the above law.

2. Appraisal of financial statements

On the basis of the submitted financial statements for the year 2000 it can be stated that the Foundation managed its assets in the year 2000 without incurring considerable expenses, and that as of 31 December 2000 the amount from which can be drawn resources for the provision of contributions (i.e. after deducting the Foundation's capital of CZK 500,000 pursuant to Article 3, sub-section 4 of the above-mentioned law) totals CZK 640,380.73.

3. Auditor's Report

According to the Auditor's Report for the year ended 31 December 2000, "the financial statements have been prepared in accordance with the Act on accounting and with relevant legal regulations of the Czech Republic and, in all significant aspects, give a true and fair view of the assets, liabilities, financial position and financial results of the Jewish Museum in Prague Foundation

4. The Auditor's Report is an integral part of this Annual Report.

Prague, 25 June 2001

Dr. Eva Adamová
Chair of the Foundation

Ms. Michaela Hájková
Member of the Board

Dr. Eva Kosáková
Member of the Board