<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM THE FORUM FUNDS SEPTEMBER 30, 2000 SEMI-
ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH REPORT.
<SERIES>
<NUMBER> 010
<NAME> PAYSON VALUE FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-START> APR-01-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 13936051
<INVESTMENTS-AT-VALUE> 18804212
<RECEIVABLES> 25628
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 18829840
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35244
<TOTAL-LIABILITIES> 35244
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11387486
<SHARES-COMMON-STOCK> 881278
<SHARES-COMMON-PRIOR> 914296
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 686
<ACCUMULATED-NET-GAINS> 2539635
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4868161
<NET-ASSETS> 18794596
<DIVIDEND-INCOME> 141389
<INTEREST-INCOME> 11894
<OTHER-INCOME> 0
<EXPENSES-NET> (143774)
<NET-INVESTMENT-INCOME> 9509
<REALIZED-GAINS-CURRENT> 1163851
<APPREC-INCREASE-CURRENT> (1635902)
<NET-CHANGE-FROM-OPS> (462542)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10141
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 29171
<NUMBER-OF-SHARES-REDEEMED> 62594
<SHARES-REINVESTED> 138
<NET-CHANGE-IN-ASSETS> (1192856)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1375784
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 77680
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 169190
<AVERAGE-NET-ASSETS> 19366925
<PER-SHARE-NAV-BEGIN> 21.86
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> (0.53)
<PER-SHARE-DIVIDEND> 0.01
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.33
<EXPENSE-RATIO> 1.48
</TABLE>
