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TAX-EXEMPT STATUS SECURED FOR SURVIVOR FUND; THE ANDREW G. LAZAN AND STANLEY H. SULTAN LIFE FUND RECEIVES DESIRED IRS TAX STATUS

 TAX-EXEMPT STATUS SECURED FOR SURVIVOR FUND; THE ANDREW G. LAZAN
 AND STANLEY H. SULTAN LIFE FUND RECEIVES DESIRED IRS TAX STATUS
 NEW YORK, Feb. 7 /PRNewswire/ -- The Andrew G. Lazan and Stanley H. Sultan Life Fund, a charitable trust fund established in November of 1991 to pay for the long-term medical care of survivors of violent crime, announced today that it has been granted tax-exempt status by the Internal Revenue Service.
 Acknowledged as fitting criteria of Section 501(c) (3) of IRS regulations, all donations to the Life Fund are now considered tax- deductible, something organizers of the fund hope will encourage more generous participation by institutions and individuals. The first beneficiaries of The Life Fund are two young men who were critically wounded during a madman's shooting spree which left five others dead in Little Neck, Queens last October. Even without tax-exempt status the fund was able to solicit over $15,000 in gifts, all of which will go to pay for the long-term rehabilitation care of the two survivors.
 One of the survivors, Andrew G. Lazan is entering his fourth month in a surgical intensive care unit, recovering from the three bullet wounds that brought him close to death and still leave him maimed and unable to speak. His close fried and fellow victim Stanley H. Sultan, has recently been released from the hospital, but he is undergoing extensive out-patient therapy and treatment and suffers from constant infections and high fevers.
 Allison Sargent, founder of the fund, said, "I don't think we will ever understand why this tragedy occurred, but there is meaning in how we choose to respond to it. Obviously all of us who know the victims are destroyed by what happened, but I think anyone with a sense of community is effected and grieved by the loss from such senseless, random violence. Events such as this are happening in increasing frequency all across our country and participation in the Life Fund is just a positive way to respond to this horrific trend."
 Those wishing to contribute to the efforts being made on behalf of Lazan and Sultan should make their checks out to The Andrew G. Lazan and Stanley H. Sultan Life Fund and return them to The Life Fund, c/o Broadgate Consultants, Inc., 375 Hudson St., Suite 200, New York, N.Y. 10014.
 -0- 2/7/92
 /CONTACT: Thomas C. Franco of Broadgate Consultants, 212-229-2222, for The Andrew G. Lazan and Stanley H. Sultan Life Fund,/ CO: The Andrew G. Lazan and Stanley H. Sultan Life Fund ST: New York IN: SU:


JT-OS -- NY037 -- 7767 02/07/92 12:20 EST
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Date:Feb 7, 1992
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