DELAWARE GROUP FOUNDATION FUNDS
24F-2NT, 1998-12-30
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                 U.S. SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549
                                    
                               FORM 24F-2
                     Annual filing under Rule 24f-2
                  of the Investment Company Act of 1940
                             
1.   Name and address of issuer:
     Delaware Group Foundation Funds.
     2005 Market Street
     Philadelphia PA 19103

2.   The name of each series or class of securities for which   

     this Form is filed (If the Form is being filed for all     
 
   series and classes of securities of the issuer, check the  
box but do not list series or classes):

3.   Investment Company Act File Number:  811-08457

     Securities Act File Number: 33-38801

4.   (a)  Last day of fiscal year for which this Form is filed: 
          09/30/98

     (b)  []   Check box if this Form is being filed late
(i.e.,
               more than 90 days after the end of the issuer's
               fiscal year). (See Instruction A.2)

NOTE:  If the Form is being filed interest must be paid on the
       registration fee due.

     (c)  []  Check box if this is the last time the issuer
will
               be filing this Form.

5.   Calculation of registration fee:
     (i)    Aggregate sale price of securities sold during the
            fiscal year pursuant to Section 24(f):  $3,146,360

     (ii)   Aggregate price of securities redeemed or
repurchased
            during the fiscal year:  $260,540

     (iii)  Aggregate price of securities redeemed or
repurchased
            during any prior fiscal year ending no earlier than
            October 11, 1995 that were not previously used to
            reduce registration fees payable to the Commission:
            $-0-

     (iv)   Total available redemption credits [add items 5(iv)
            and 5(iii)]: - $260,540
     


(v)    Net sales -- if item 5(i) is greater than item 5(iv)
            [subtract item 5(iv) from item 5(i)]:  $2,885,820   
 
   
- ---------------------------------------------------------------
- --
     (vi)   Redemption credits available for use in
            future years -- if item 5(i) is less
            than item 5(iv) [subtract item 5(iv)
            from item 5(i)]:  ($-0-)
- ---------------------------------------------------------------
- --
     (vii)  Multiplier for determining registration fee: X
 .000278

     (viii) Registration fee due (multiply item 5(v) by item
            5(vii)] (enter "0" if no fee is due):  = $802.26    
 
 
6.   Prepaid Shares
If the response to item 5(i) was determined by deducting an 
amount of securities that were registered under the Securities 
Act of 1933 pursuant to rule 24e-2 as in effect before 
[effective date of rescisison of rule 24e-2], then report the
amount of securities (number of shares or other units) deducted
here: $-0-.  If there is a number of shares or other units that
were registered pursuant to rule 24e-2 remaining unsold at the
end of the fiscal years, then state that number here: $-0-.

7.   Interest due -- if this Form is being file more than 90
days
     after the end of the issuer's fiscal year:  + $-0-

8.   Total of the amount of the registration fee due plus any
     interest due [Item 5(vii) plus item 6]: = $802.26  

9.   Date the registration fee and any interest payment was
sent
     to the Commission's lockbox depository:  12/28/98

     Account Number:  

     Method of Delivery:      [x] Wire Transfer
                              [ ] Mail or other means
                            SIGNATURES
               
This Form has been signed below by the following persons on
behalf of the issuer and in the capacities and on the dates
indicated.

By (Signature and Title):  /S/DONNA D. BRYEN    
                           ---------------------
                           Donna D. Bryen    
                           Assistant Vice President
                           
Date:  12/30/98
       --------



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