THE LYNDE AND HARRY BRADLEY FOUNDATION, INC.

EQUITY INVESTMENT MANAGER PROFILE

Attached is an equity manager profile analysis as of October 31, 1995 incorporating investment data from a variety of sources. It is presented to provide the Committee an idea of the various information that is available from the TUCS and Wilshire reporting systems.

Some general observations include:

1.	Overall the industry holdings by investment managers are relatively diversified. Technology and consumer-staples have the highest concentration. Founders (41%), Provident (35%), and TCW (small [38%] and large cap [33%]) have significant holdings in the technology sector. Sanford has made a large commitment (25%) to financial institutions.

2.	Certain of the top ten equity holdings are held by more than one manager. However, none of the individual top ten equity holdings exceed 1.7% of the total equity portfolio.

3.	The equity portfolio includes securities for approximately 402 different companies of which 62 are held by more than one manager.

Information "overload" can sometimes be worse than too little information. An attempt will be made to provide the Committee with periodic information that provides comparative data with respect to overall portfolio performance results and investment manager performance.