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@ 7-855 @® + oo @ JE THREE So ; a : * THEY, GO ON TO LIST THE HEARST WEALTH ‘INCLUDING SILVER miges, LAND - IN MEXICO, HAWAII, TIMBERLAND IN NORTHERN cron A CATTLE RANCH NEAR SAN LUIS OBISPO, ORANGE GROVES IN} FLORIDA; A DUCK CLUB, HOMES IN HILLSBOROUGH, NEW YORK, AND | 4 DIEGO, PERSONAL STOCKS IN IBS, BEATRICE FOODS, EXXON, SUGAR BOB CORPORATION, SAFEWAY STORES, UNITED AIRLINS, HUGHES AIRWEST an OTHERS. THEY LIST MISCELLANEOUS PERSONAL ITEMS SUCH AS ANTIQUE nj AND OTHER ART OBJECTS, SOME OF WHICH WERE GIVEN By} THE SHAH OF IRAN. THEY INDICATE THAT THE HEARST FOUNDATION Sef EVES THE TAX LOOPHOLE FOR THE HEARST FORTUNE. THE FOUNDATION payee. ‘AN ESTIMATED THREE MILLION DOLLARS A YEAR THROUGH CHARITY TOFMAINTAIN ITS LEGAL STATUS AS A FOUNDATION. THE ONE AND on HALF MILLION DOLLARS PROPOSED TO: BE COMING FROM THE FOUN- Da¥roN Is NOTHING MORE THAN HALF OF WHAT THE FOUNDATION Is REGULARLY REQUIRED TO DONATE ANNUALLY IN ORDER TO MAINTAIN mm FOUNDATION STATUS. OF PAGE THREE