U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20594
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE.
1. NAME AND ADDRESS OF ISSUER:
Endowments, Inc.
P.O. Box 7650
San Francisco, CA 94120
2. NAME OF EACH SERIES OR CLASS OF FUNDS FOR WHICH THIS NOTICE 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: 811-1884
SECURITIES ACT FILE NUMBER: 2-34371
4(A). LAST DAY OF FISCAL YEAR FOR WHICH THIS FORM IS FILED:
July 31, 1998
4(B). __ CHECK BOX IF THIS NOTICE IS BEING FILED LATE (I.E., MORE THAN 90
CALENDAR DAYS AFTER THE END OF THE ISSUER'S FISCAL YEAR). (SEE
INSTRUCTION A.2)
NOTE: IF THE FORM IS BEING FILED LATE, INTEREST MUST BE PAID ON THE
REGISTRATION FEE DUE.
4(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): $9,780,050
(ii) Aggregate price of securities redeemed or repurchased
during the fiscal year: $11,068,403
(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:
$ N/A
(iv) Total available redemption credits [add items 5(ii) and 5(iii):
$11,068,403
(v) Net sales -- if Item 5(i) is greater than Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]: $(N/A)
(vi) Redemption credits available for use in future years
$(1,288,353)
if item 5(i) is less than Item 5(iv) [subtract Item
5(iv) from Item 5(i)]:
(vii) Multiplier for determining registration fee (See
Instruction C.9): x .000295
(viii) Registration fee due [multiply Item 5(v) by Item
$0.00
5(vii)] (enter "0" if no fee is due):
6. PREPAID SHARES
If the response to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant to
rule 24e-2 as in effect before [effective date of rescission of rule 24e-2],
then report the amount of securities (number of shares or other units) deducted
here: 1,430,336. If there is a number of shares or other units that were
registered pursuant to rule 24e-2 remaining unsold at the end of the fiscal
year for which this form is filed that are available for use by the issuer in
future fiscal years, then state that number here:_________.
7. Interest due -- if this Form is being filed more than 90 days after the end
of the issuer's fiscal year
(see Instruction D):
+$_________
8. Total of the amount of the registration fee due plus any interest due [line
5(viii) plus line 7]:
= $0.00
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
CIK # _________ None
Method of delivery:
__ Wire transfer
__ Mail or other means
SIGNATURES
This report 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/ Patrick F. Quan
Patrick F. Quan
Secretary
Date September 25, 1998
* Please print the name and title of the signing officer below the signature.
