Cash Contributions ($ in millions)

Arts & Culture (19%)$              3.70
Civic & Community (5%)             0.98
Education (36%)                    7.02
Health & Human Services (40%)      7.80
Total Giving$                     19.50

The above figures reflect contributions
from NYNEX and NYNEX Foundation

($ in millions listed below reflect financial highlights and do not represent a complete financial statement)

Beginning Balance                  36.0
Investment Income                   2.5
Total New Grants 
Authorized in 1995                  2.5
Total of All Grant 
Payments Made in 1995               3.2
Other Expenses                      0.3
Outstanding Grant Pledges           0.8
Total Assets                       36.6
Fund Balance                       35.8

Board of Directors:
Donald B. Reed
Frederic V. Salerno
Ivan G. Seidenberg
Morrison DeS. Webb

Massachusetts   | Rhode Island
Maine           | New York
New Hampshire   | Vermont
NYNEX Corporate | NYNEX International
1995 Charitable Giving