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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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SIGNATURE GEORGE M CHAMBERLAIN, JR.
TITLE SR. VP/SECRETARY
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> DELAWARE GROUP FOUNDATION FUNDS
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> DELAWARE GROUP FOUNDATION FUNDS
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<NAME> DELAWARE GROUP FOUNDATION FUNDS
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<APPREC-INCREASE-CURRENT> (225,368)
<NET-CHANGE-FROM-OPS> (35,441)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,807
<DISTRIBUTIONS-OF-GAINS> 401
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 97,335
<NUMBER-OF-SHARES-REDEEMED> 77,562
<SHARES-REINVESTED> 2,208
<NET-CHANGE-IN-ASSETS> 18,986,749
<ACCUMULATED-NII-PRIOR> 3,078
<ACCUMULATED-GAINS-PRIOR> 594
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,799
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 89,120
<AVERAGE-NET-ASSETS> 132,229
<PER-SHARE-NAV-BEGIN> 8.290
<PER-SHARE-NII> 0.146
<PER-SHARE-GAIN-APPREC> 0.459
<PER-SHARE-DIVIDEND> 0.110
<PER-SHARE-DISTRIBUTIONS> 0.025
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 8.760
<EXPENSE-RATIO> 1.550
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 014
<NAME> INCOME PORTFOLIO INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 19,230,664
<INVESTMENTS-AT-VALUE> 18,974,727
<RECEIVABLES> 155,984
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 482,033
<TOTAL-ASSETS> 19,612,744
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29,809
<TOTAL-LIABILITIES> 29,809
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,805,335
<SHARES-COMMON-STOCK> 6,106
<SHARES-COMMON-PRIOR> 5,972
<ACCUMULATED-NII-CURRENT> 38,526
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,989)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (255,937)
<NET-ASSETS> 53,346
<DIVIDEND-INCOME> 221,495
<INTEREST-INCOME> 8,650
<OTHER-INCOME> 0
<EXPENSES-NET> 38,435
<NET-INVESTMENT-INCOME> 191,710
<REALIZED-GAINS-CURRENT> (1,783)
<APPREC-INCREASE-CURRENT> (225,368)
<NET-CHANGE-FROM-OPS> (35,441)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,021
<DISTRIBUTIONS-OF-GAINS> 149
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 1,171
<NET-CHANGE-IN-ASSETS> 18,986,749
<ACCUMULATED-NII-PRIOR> 3,078
<ACCUMULATED-GAINS-PRIOR> 594
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,799
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 89,120
<AVERAGE-NET-ASSETS> 51,972
<PER-SHARE-NAV-BEGIN> 8.280
<PER-SHARE-NII> 0.189
<PER-SHARE-GAIN-APPREC> 0.466
<PER-SHARE-DIVIDEND> 0.170
<PER-SHARE-DISTRIBUTIONS> 0.025
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 8.740
<EXPENSE-RATIO> 0.550
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 021
<NAME> BALANCED PORTFOLIO A CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 20,856,055
<INVESTMENTS-AT-VALUE> 20,671,551
<RECEIVABLES> 836,431
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 370,772
<TOTAL-ASSETS> 21,878,754
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60,470
<TOTAL-LIABILITIES> 60,470
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,894,055
<SHARES-COMMON-STOCK> 2,239,343
<SHARES-COMMON-PRIOR> 119,515
<ACCUMULATED-NII-CURRENT> 30,920
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 77,813
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (184,504)
<NET-ASSETS> 20,115,917
<DIVIDEND-INCOME> 183,231
<INTEREST-INCOME> 15,140
<OTHER-INCOME> 0
<EXPENSES-NET> 50,913
<NET-INVESTMENT-INCOME> 147,458
<REALIZED-GAINS-CURRENT> 96,088
<APPREC-INCREASE-CURRENT> (8,273)
<NET-CHANGE-FROM-OPS> 235,273
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 107,908
<DISTRIBUTIONS-OF-GAINS> 6,916
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 21,318,103
<NUMBER-OF-SHARES-REDEEMED> 2,256,392
<SHARES-REINVESTED> 114,834
<NET-CHANGE-IN-ASSETS> 19,696,283
<ACCUMULATED-NII-PRIOR> 4,091
<ACCUMULATED-GAINS-PRIOR> (6,560)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,840
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 99,927
<AVERAGE-NET-ASSETS> 10,104,174
<PER-SHARE-NAV-BEGIN> 8.130
<PER-SHARE-NII> 0.117
<PER-SHARE-GAIN-APPREC> 0.881
<PER-SHARE-DIVIDEND> 0.120
<PER-SHARE-DISTRIBUTIONS> 0.028
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 8.980
<EXPENSE-RATIO> 0.800
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 022
<NAME> BALANCED PORTOFLIO B CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 20,856,055
<INVESTMENTS-AT-VALUE> 20,671,551
<RECEIVABLES> 836,431
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 370,772
<TOTAL-ASSETS> 21,878,754
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60,470
<TOTAL-LIABILITIES> 60,470
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,894,055
<SHARES-COMMON-STOCK> 100,998
<SHARES-COMMON-PRIOR> 50,162
<ACCUMULATED-NII-CURRENT> 30,920
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 77,813
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (184,504)
<NET-ASSETS> 908,956
<DIVIDEND-INCOME> 183,231
<INTEREST-INCOME> 15,140
<OTHER-INCOME> 0
<EXPENSES-NET> 50,913
<NET-INVESTMENT-INCOME> 147,458
<REALIZED-GAINS-CURRENT> 96,088
<APPREC-INCREASE-CURRENT> (8,273)
<NET-CHANGE-FROM-OPS> 235,273
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5,576
<DISTRIBUTIONS-OF-GAINS> 1,985
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 457,479
<NUMBER-OF-SHARES-REDEEMED> 15,869
<SHARES-REINVESTED> 7,516
<NET-CHANGE-IN-ASSETS> 19,696,283
<ACCUMULATED-NII-PRIOR> 4,091
<ACCUMULATED-GAINS-PRIOR> (6,560)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,840
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 99,927
<AVERAGE-NET-ASSETS> 600,899
<PER-SHARE-NAV-BEGIN> 8.130
<PER-SHARE-NII> 0.085
<PER-SHARE-GAIN-APPREC> 0.883
<PER-SHARE-DIVIDEND> 0.070
<PER-SHARE-DISTRIBUTIONS> 0.028
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.000
<EXPENSE-RATIO> 1.550
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 023
<NAME> BALANCED PORTFOLIO C CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 20,856,055
<INVESTMENTS-AT-VALUE> 20,671,551
<RECEIVABLES> 836,431
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 370,772
<TOTAL-ASSETS> 21,878,754
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60,470
<TOTAL-LIABILITIES> 60,470
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,894,055
<SHARES-COMMON-STOCK> 81,987
<SHARES-COMMON-PRIOR> 85,233
<ACCUMULATED-NII-CURRENT> 30,920
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 77,813
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (184,504)
<NET-ASSETS> 739,168
<DIVIDEND-INCOME> 183,231
<INTEREST-INCOME> 15,140
<OTHER-INCOME> 0
<EXPENSES-NET> 50,913
<NET-INVESTMENT-INCOME> 147,458
<REALIZED-GAINS-CURRENT> 96,088
<APPREC-INCREASE-CURRENT> (8,273)
<NET-CHANGE-FROM-OPS> 235,273
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6,341
<DISTRIBUTIONS-OF-GAINS> 2,648
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 211,292
<NUMBER-OF-SHARES-REDEEMED> 253,266
<SHARES-REINVESTED> 8,687
<NET-CHANGE-IN-ASSETS> 19,696,283
<ACCUMULATED-NII-PRIOR> 4,091
<ACCUMULATED-GAINS-PRIOR> (6,560)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,840
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 99,927
<AVERAGE-NET-ASSETS> 810,399
<PER-SHARE-NAV-BEGIN> 8.140
<PER-SHARE-NII> 0.085
<PER-SHARE-GAIN-APPREC> 0.893
<PER-SHARE-DIVIDEND> 0.070
<PER-SHARE-DISTRIBUTIONS> 0.028
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.020
<EXPENSE-RATIO> 1.550
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 024
<NAME> BALANCED PORTFOLI INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 20,856,055
<INVESTMENTS-AT-VALUE> 20,671,551
<RECEIVABLES> 836,431
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 370,772
<TOTAL-ASSETS> 21,878,754
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60,470
<TOTAL-LIABILITIES> 60,470
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,894,055
<SHARES-COMMON-STOCK> 6,040
<SHARES-COMMON-PRIOR> 5,931
<ACCUMULATED-NII-CURRENT> 30,920
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 77,813
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (184,504)
<NET-ASSETS> 54,243
<DIVIDEND-INCOME> 183,231
<INTEREST-INCOME> 15,140
<OTHER-INCOME> 0
<EXPENSES-NET> 50,913
<NET-INVESTMENT-INCOME> 147,458
<REALIZED-GAINS-CURRENT> 96,088
<APPREC-INCREASE-CURRENT> (8,273)
<NET-CHANGE-FROM-OPS> 235,273
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 804
<DISTRIBUTIONS-OF-GAINS> 166
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 970
<NET-CHANGE-IN-ASSETS> 19,696,283
<ACCUMULATED-NII-PRIOR> 4,091
<ACCUMULATED-GAINS-PRIOR> (6,560)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,840
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 99,927
<AVERAGE-NET-ASSETS> 52,084
<PER-SHARE-NAV-BEGIN> 8.130
<PER-SHARE-NII> 0.128
<PER-SHARE-GAIN-APPREC> 0.885
<PER-SHARE-DIVIDEND> 0.135
<PER-SHARE-DISTRIBUTIONS> 0.028
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 8.980
<EXPENSE-RATIO> 0.550
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 031
<NAME> GROWTH PORTOFLIO A CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 14,383,142
<INVESTMENTS-AT-VALUE> 14,324,072
<RECEIVABLES> 1,174,419
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,498,491
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125,002
<TOTAL-LIABILITIES> 125,002
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,262,369
<SHARES-COMMON-STOCK> 1,439,921
<SHARES-COMMON-PRIOR> 66,883
<ACCUMULATED-NII-CURRENT> 41,569
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 128,621
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (59,070)
<NET-ASSETS> 13,483,661
<DIVIDEND-INCOME> 87,263
<INTEREST-INCOME> 5,711
<OTHER-INCOME> 0
<EXPENSES-NET> 37,234
<NET-INVESTMENT-INCOME> 55,740
<REALIZED-GAINS-CURRENT> 152,161
<APPREC-INCREASE-CURRENT> 88,758
<NET-CHANGE-FROM-OPS> 296,659
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16,587
<DISTRIBUTIONS-OF-GAINS> 5,317
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 14,361,989
<NUMBER-OF-SHARES-REDEEMED> 1,522,080
<SHARES-REINVESTED> 21,965
<NET-CHANGE-IN-ASSETS> 13,819,927
<ACCUMULATED-NII-PRIOR> 3,004
<ACCUMULATED-GAINS-PRIOR> (13,740)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,050
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 111,241
<AVERAGE-NET-ASSETS> 6,475,945
<PER-SHARE-NAV-BEGIN> 8.170
<PER-SHARE-NII> 0.101
<PER-SHARE-GAIN-APPREC> 1.192
<PER-SHARE-DIVIDEND> 0.078
<PER-SHARE-DISTRIBUTIONS> 0.025
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.360
<EXPENSE-RATIO> 0.800
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 032
<NAME> GROWTH PORTFOLIO B CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 14,383,142
<INVESTMENTS-AT-VALUE> 14,324,072
<RECEIVABLES> 1,174,419
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,498,491
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125,002
<TOTAL-LIABILITIES> 125,002
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,262,369
<SHARES-COMMON-STOCK> 160,582
<SHARES-COMMON-PRIOR> 108,732
<ACCUMULATED-NII-CURRENT> 41,569
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 128,621
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (59,070)
<NET-ASSETS> 1,504,673
<DIVIDEND-INCOME> 87,263
<INTEREST-INCOME> 5,711
<OTHER-INCOME> 0
<EXPENSES-NET> 37,234
<NET-INVESTMENT-INCOME> 55,740
<REALIZED-GAINS-CURRENT> 152,161
<APPREC-INCREASE-CURRENT> 88,758
<NET-CHANGE-FROM-OPS> 296,659
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 3,737
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 493,023
<NUMBER-OF-SHARES-REDEEMED> 42,152
<SHARES-REINVESTED> 3,675
<NET-CHANGE-IN-ASSETS> 13,819,927
<ACCUMULATED-NII-PRIOR> 3,004
<ACCUMULATED-GAINS-PRIOR> (13,740)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,050
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 111,241
<AVERAGE-NET-ASSETS> 1,282,500
<PER-SHARE-NAV-BEGIN> 8.140
<PER-SHARE-NII> 0.217
<PER-SHARE-GAIN-APPREC> 1.038
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.025
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.370
<EXPENSE-RATIO> 1.550
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 033
<NAME> GROWTH PORTFOLIO C CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 14,383,142
<INVESTMENTS-AT-VALUE> 14,324,072
<RECEIVABLES> 1,174,419
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,498,491
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125,002
<TOTAL-LIABILITIES> 125,002
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,262,369
<SHARES-COMMON-STOCK> 35,121
<SHARES-COMMON-PRIOR> 9,090
<ACCUMULATED-NII-CURRENT> 41,569
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 128,621
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (59,070)
<NET-ASSETS> 329,308
<DIVIDEND-INCOME> 87,263
<INTEREST-INCOME> 5,711
<OTHER-INCOME> 0
<EXPENSES-NET> 37,234
<NET-INVESTMENT-INCOME> 55,740
<REALIZED-GAINS-CURRENT> 152,161
<APPREC-INCREASE-CURRENT> 88,758
<NET-CHANGE-FROM-OPS> 296,659
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 599
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 282,497
<NUMBER-OF-SHARES-REDEEMED> 50,006
<SHARES-REINVESTED> 597
<NET-CHANGE-IN-ASSETS> 13,819,927
<ACCUMULATED-NII-PRIOR> 3,004
<ACCUMULATED-GAINS-PRIOR> (13,740)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,050
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 111,241
<AVERAGE-NET-ASSETS> 216,927
<PER-SHARE-NAV-BEGIN> 8.140
<PER-SHARE-NII> 0.145
<PER-SHARE-GAIN-APPREC> 1.120
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.025
<RETURNS-OF-CAPITAL> 0.000
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[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
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<NAME> GROWTH PORTFOLIO INSTITUTIONAL CLASS
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[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048133
<NAME> DELAWARE GROUP FOUNDATION FUNDS
<SERIES>
<NUMBER> 040
<NAME> THE ASSET ALLOCATION FUND
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</TABLE>
