The Letter of Instruction below is provided for your convenience. If you are 
transferring to the American Foundation securities or mutual funds held at 
an investment firm, please complete the letter and follow these important 
instructions: 

1.   All parties on the account(s) must sign the letter. The firm holding the 
securities/mutual funds may also require a signature guarantee, which can be 
obtained at most financial firms (i.e., bank).

2.   Mail or fax the original letter to the firm holding the securities/mutual 
funds.  Mail or fax a copy of letter to the American Foundation with your 
completed Application. (Please refer to the Funding Guidelines.)

_________________
Date
______________________________________
Name and Address of Delivering Broker/Dealer

______________________________________

______________________________________

Dear__________________________________:
	 Name of Broker

Please accept this letter as my/our authorization and instructions for you to 
immediately and irrevocably transfer the following positions from my/our 
account with your firm.
    _________________________________________________________________________
    Account Number
	
	1._________shares of________________________________________ 								
	    Number		     Name of Security/Mutual Fund
		
	2._________shares of________________________________________ 								
	    Number		     Name of Security/Mutual Fund
		
	3._________shares of________________________________________						
	    Number		     Name of Security/Mutual Fund
		
Please transfer all eligible securities/mutual funds electronically, in street 
name, to: 
 
	Name and DTC #      ________________________________________
	
	FBO:                The American Foundation
	                                                                     
	Account No.:        ________________________________________
	
Shares should be transferred in kind and are not to be liquidated. If you have 
any questions, please call the American Foundation. Thank you for your 
assistance.

Sincerely,                                 Signature Guarantee 
                                           (Important: Please stamp here.)
__________________________________
Signature

__________________________________         __________________________________
Name (Please Print)                        Name of Bank or Firm Providing 
                                           Signature Guarantee

__________________________________         __________________________________
Signature (If Required)                    Signature/Title of Officer

__________________________________
Name (Please Print)


LETTER OF INSTRUCTION B

Transfer from a Mutual Fund Company 
Full and/or Partial Transfer of Mutual Fund Shares Held at a Mutual Fund Company

The Letter of Instruction below is provided for your convenience.  If you 
are transferring to the American Foundation mutual fund shares held at a 
mutual fund company, please complete the letter and follow these important 
instructions:

1.   All parties on the account(s) must sign the letter.  The company 
transferring the mutual fund shares may also require a signature 
guarantee, which can be obtained at most financial firms (i.e., bank).

2.   Mail the original letter to the mutual fund company.  Mail or fax a 
copy of the letter to the American Foundation with your completed 
Application. Please also enclose a copy of the most recent account statement 
from the transferring mutual fund company. (Please refer to the Funding 
Guidelines.)


_____________________
Date

_______________________________________
Name and Address of Transferring Mutual Fund Company

_______________________________________

_______________________________________

Re:  Account No. 				

Dear___________________________________:
       Name of Mutual Fund Company

Please accept this letter as my/our authorization and instructions for you 
to immediately transfer the below-listed mutual funds to: 

    Name and DTC #: ______________________________________
	
    FBO:            The American Foundation
	
    Account No.:    ______________________________________

	
1._________shares of_____________________Account No._____________
    Number           Name of Mutual Fund
	
2._________shares of_____________________Account No._____________
    Number           Name of Mutual Fund
	
3._________shares of_____________________Account No._____________
    Number           Name of Mutual Fund

Shares are to be transferred in kind and are not to be liquidated. If 
you have any questions, please call the American Foundation.  Thank you 
for your assistance. 

Sincerely,                                 Signature Guarantee 
                                           (Important: Please stamp here.)
________________________________________
Signature

________________________________________   _______________________________
Name (Please Print)                        Name of Bank or Firm Providing 
                                           Signature Guarantee
________________________________________
Signature (If Required)

__________________________________________________________________________
Name (Please Print)                        Signature/Title of Officer