Exhibit 23J
To The Shareholders and Directors
Avalon Funds, Inc.:
We have audited the accompanying statement of assets and liabilities of Avalon
Funds, Inc. (comprised of the Education Fund) as of December 11, 2000. This
financial statement is the responsibility of the Company's management. Our
responsibility is to express an opinion on this financial statement based on our
audit.
We conducted our audit in accordance with generally accepted auditing standards.
Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the statement of assets and liabilities is free of
material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the statement of assets and
liabilities. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
statement of assets and liabilities presentation. Our procedures included
confirmation of cash held by the custodian as of December 11, 2000, by
correspondence with the custodian. We believe that our audit provides a
reasonable basis for our opinion.
In our opinion, the statement of assets and liabilities referred to above
presents fairly, in all material respects, the financial position of the
Education Fund as of December 11, 2000, in conformity with generally accepted
accounting principles.
McCurdy & Associates CPA's, Inc.
Westlake, Ohio
December 11, 2000
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CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the use in this
Post-effective Amendment No. 4 to the Registration Statement for Avalon Funds,
Inc. (SEC File No. 811-08617) of all references to our firm included in or made
a part of this Amendment.
McCurdy & Associates CPA's, Inc.
December 11, 2000
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