As you know, the Lauren Catuzzi Grandcolas Foundation was established in September 2001 to undertake charitable programs and contributions in areas of interest to our daughter, Lauren. It has only been with your enduring help and support that we have been able to realize these goals specifically benefiting women and children. We offer our sincere thanks.

We continue to honor Lauren's courageous spirit, recognizing that she and the thirty-nine other passengers and crew on United Airlines Flight 93, by virtue of their heroic actions, sustained the first victory in our present-day war on terrorism.

Since its inception, the Foundation has awarded eight scholarships to outstanding young women embarking on their college careers. These women have written to us with appreciation and heartwarming messages. Our several events and benefits have been wonderfully successful, allowing us to donate a $50,000 birthing room to Marin General Hospital in California (Lauren's local hospital); $50,000 to Texas Children's Hospital in Houston for the neonatal unit; $15,000 to the Houston Area Women's Center, which helps abused women and children with housing, education, and employment; $5,000 to the Transylvania County Hospital in North Carolina for the neonatal unit; and finally, to create a park in downtown Houston in memory of all of the victims of September 11, 2001.

The Greater Houston Preservation Alliance has been instrumental in developing the Houston park project as has the City and its Convention Bureau. We are currently engaged in an engineering study to determine the most suitable plan for restoring the two historic homes which will be in the park and function as tourist and visitor information offices. An application for restoration grant funds is in process. We are honored to be able to call the park, Lauren's Garden.

Throughout 2004, work has neared completion on the self-help book that Lauren had begun to write. The book entitled YOU CAN DO IT, focuses on women's self-esteem and was an important project and a personal dream of hers. We look forward to publication by Chronicle Books in early 2005.

These beginning years of the Foundation have been highly productive ones, and have provided an extraordinary journey for our family. We are grateful and humbled by your generous support, which has allowed us to make these notable achievements. Our country is healing and has gotten stronger. Consistent with this spirit of resilience, we are determined to bring about positive changes and provide assistance and aid where we can. Lauren would be so proud of the projects we've undertaken in her memory. The Foundation does not employ any staff, and the Board is comprised of volunteers. Consequently, virtually every dollar contributed goes to charity or scholarships.

Sincerely, Barbara Catuzzi, Chairman Lauren Catuzzi Grandcolas Foundation

Contributions can be made to:

Lauren Catuzzi Grandcolas Foundation
c/o Andrews & Kurth L.L.P.
600 Travis, Suite 4200 Houston, Texas 77002