<PAGE> PAGE 1
000 B000000 12/31/97
000 C000000 0001036373
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 THE DRESHER FAMILY OF FUNDS
001 B000000 811-08177
001 C000000 2158817000
002 A000000 715 TWINING ROAD, SUITE 200
002 B000000 DRESHER
002 C000000 PA
002 D010000 19025
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 THE DRESHER CLASSIC RETIREMENT FUND
007 C030100 N
007 C010200 2
007 C020200 THE DRESHER COMPREHENSIVE GROWTH FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
012 A00AA01 NATIONAL SHAREHOLDER SERVICES, INC.
012 B00AA01 84-5712
012 C01AA01 DRESHER
012 C02AA01 PA
012 C03AA01 19025
013 A00AA01 SANVILLE & COMPANY
013 B01AA01 ABINGTON
013 B02AA01 PA
013 B03AA01 19001
013 A00AA09 SANVILLE & COMPANY
013 B01AA09 ABINGTON
013 B02AA09 PA
013 B03AA09 19001
015 A00AA01 FIRSTRUST BANK
015 B00AA01 C
<PAGE> PAGE 2
015 C01AA01 PHILADELPHIA
015 C02AA01 PA
015 C03AA01 19111
015 E01AA01 X
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019 A00AA00 N
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020 C000002 0
020 C000003 0
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<PAGE> PAGE 3
037 00AA00 N
039 00AA00 N
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
075 B000200 3693
SIGNATURE JEFFREY C. BROWN
TITLE PORTFOLIO MANAGER
