<PAGE> PAGE 1
000 B000000 08/31/95
000 C000000 0000773754
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE RUSHMORE FUND, INC.
001 B000000 811-4369
001 C000000 3016571500
002 A000000 4922 FAIRMONT AVENUE
002 B000000 BETHESDA
002 C000000 MD
002 D010000 20814
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 U.S. GOV'T INTERMEDIATE-TERM SECURITIES PORTF
007 C030200 N
007 C010300 3
007 C020300 U.S. GOV'T LONG-TERM SECURITIES PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 NOVA PORTFOLIO
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 MONEY MANAGEMENT ASSOCIATES
008 B00AA01 A
008 C00AA01 801-10219
008 D01AA01 BETHESDA
008 D02AA01 MD
008 D03AA01 20814
010 A00AA01 RUSHMORE TRUST AND SAVINGS FSB
010 B00AA01 84-5451
010 C01AA01 BETHESDA
010 C02AA01 MD
010 C03AA01 20814
<PAGE> PAGE 2
012 A00AA01 RUSHMORE TRUST & SAVINGS FSB
012 B00AA01 84-5451
012 C01AA01 BETHESDA
012 C02AA01 MD
012 C03AA01 20814
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 WASHINGTON
013 B02AA01 DC
013 B03AA01 20036
015 A00AA01 RUSHMORE TRUST AND SAVINGS FSB
015 B00AA01 C
015 C01AA01 BETHESDA
015 C02AA01 MD
015 C03AA01 20814
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 13
019 C00AA00 MONEYMANAG
020 A000001 HERZOG, HEIN, GEDULD INC.
020 B000001 13-1955436
020 C000001 1
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 1
022 A000001 SWISS BANK SECURITIES
022 C000001 15696
022 D000001 29375
022 A000002 MERRILL LYNCH
022 B000002 13-2761776
022 C000002 43569
022 D000002 796
022 A000003 DIRECT ISSUER
022 C000003 41321
022 D000003 0
022 A000004 LEHMAN BROTHERS, INC.
022 B000004 13-2518466
022 C000004 29444
022 D000004 4142
022 A000005 BANK OF AMERICA
022 B000005 94-1687665
022 C000005 22146
022 D000005 0
022 A000006 UNION BANK
<PAGE> PAGE 3
022 C000006 12721
022 D000006 0
022 A000007 LEGG MASON WOOD WALKER, INC.
022 B000007 52-1235572
022 C000007 5175
022 D000007 0
022 A000008 FUJI SECURITIES
022 B000008 36-2880742
022 C000008 2121
022 D000008 2580
022 A000009 LAFAYETTE SQUARE PARTNERS
022 B000009 52-1568449
022 C000009 2048
022 D000009 1234
022 A000010 TR WINSTON & CO
022 C000010 1986
022 D000010 0
023 C000000 177023
023 D000000 38127
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
<PAGE> PAGE 4
039 00AA00 N
040 00AA00 N
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 2500
077 A000000 Y
077 B000000 Y
077 Q010000 Y
078 000000 N
080 A00AA00 FEDERAL INSURANCE CO
080 C00AA00 4500
081 A00AA00 Y
081 B00AA00 19
082 A00AA00 Y
082 B00AA00 25
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
<PAGE> PAGE 5
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 5895
028 A020100 94
028 A030100 0
028 A040100 3216
028 B010100 4024
028 B020100 90
028 B030100 0
028 B040100 6015
028 C010100 3257
028 C020100 89
028 C030100 0
028 C040100 2917
028 D010100 6469
028 D020100 88
028 D030100 0
028 D040100 2463
028 E010100 4852
028 E020100 101
028 E030100 0
028 E040100 5843
028 F010100 3830
028 F020100 97
028 F030100 0
028 F040100 6287
028 G010100 28327
028 G020100 559
028 G030100 0
028 G040100 26741
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.500
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
<PAGE> PAGE 6
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 18.4
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 82.2
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 17
063 B000100 0.0
064 A000100 N
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
<PAGE> PAGE 7
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 1260
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 111
072 G000100 56
072 H000100 0
072 I000100 0
072 J000100 0
072 K000100 0
072 L000100 0
<PAGE> PAGE 8
072 M000100 0
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 0
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 0
072 X000100 167
072 Y000100 0
072 Z000100 1093
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 1093
072DD020100 0
072EE000100 0
073 A010100 0.0490
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 4048
074 C000100 18067
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 17
074 M000100 0
074 N000100 22132
074 O000100 0
074 P000100 15
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 132
074 S000100 0
074 T000100 21985
074 U010100 21985
074 U020100 0
074 V010100 1.00
<PAGE> PAGE 9
074 V020100 0.00
074 W000100 1.0000
074 X000100 1776
074 Y000100 0
075 A000100 22236
075 B000100 0
076 000100 0.00
028 A010200 295
028 A020200 47
028 A030200 0
028 A040200 183
028 B010200 856
028 B020200 47
028 B030200 0
028 B040200 234
028 C010200 1514
028 C020200 52
028 C030200 0
028 C040200 206
028 D010200 613
028 D020200 52
028 D030200 0
028 D040200 680
028 E010200 200
028 E020200 52
028 E030200 0
028 E040200 555
028 F010200 248
028 F020200 50
028 F030200 0
028 F040200 894
028 G010200 3726
028 G020200 300
028 G030200 0
028 G040200 2752
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.500
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
<PAGE> PAGE 10
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 1.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 97.9
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 8.7
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
<PAGE> PAGE 11
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 3078
071 B000200 4983
071 C000200 10596
071 D000200 29
072 A000200 12
072 B000200 785
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 56
072 G000200 33
072 H000200 0
072 I000200 0
072 J000200 0
072 K000200 0
072 L000200 0
072 M000200 0
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 0
072 S000200 0
<PAGE> PAGE 12
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 0
072 X000200 89
072 Y000200 0
072 Z000200 696
072AA000200 0
072BB000200 234
072CC010200 652
072CC020200 0
072DD010200 696
072DD020200 0
072EE000200 0
073 A010200 0.5640
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 118
074 C000200 0
074 D000200 11353
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 390
074 K000200 0
074 L000200 75
074 M000200 0
074 N000200 11936
074 O000200 0
074 P000200 8
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 335
074 S000200 0
074 T000200 11593
074 U010200 1228
074 U020200 0
074 V010200 9.44
074 V020200 0.00
074 W000200 0.0000
074 X000200 433
074 Y000200 0
075 A000200 0
075 B000200 11050
076 000200 0.00
<PAGE> PAGE 13
028 A010300 748
028 A020300 150
028 A030300 0
028 A040300 12733
028 B010300 274
028 B020300 127
028 B030300 0
028 B040300 1033
028 C010300 1123
028 C020300 98
028 C030300 0
028 C040300 8852
028 D010300 4059
028 D020300 87
028 D030300 0
028 D040300 1251
028 E010300 837
028 E020300 91
028 E030300 0
028 E040300 4081
028 F010300 1376
028 F020300 72
028 F030300 0
028 F040300 3630
028 G010300 8417
028 G020300 625
028 G030300 0
028 G040300 31580
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.500
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
<PAGE> PAGE 14
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 4.4
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 94.4
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 29.2
064 A000300 N
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
<PAGE> PAGE 15
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 16415
071 B000300 30998
071 C000300 26009
071 D000300 63
072 A000300 12
072 B000300 2030
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 134
072 G000300 81
072 H000300 0
072 I000300 0
072 J000300 0
072 K000300 0
072 L000300 0
072 M000300 0
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 0
072 S000300 0
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 0
072 X000300 215
072 Y000300 0
072 Z000300 1815
<PAGE> PAGE 16
072AA000300 0
072BB000300 163
072CC010300 1940
072CC020300 0
072DD010300 1815
072DD020300 0
072EE000300 0
073 A010300 0.6060
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 725
074 C000300 0
074 D000300 15468
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 234
074 M000300 0
074 N000300 16427
074 O000300 0
074 P000300 11
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 25
074 S000300 0
074 T000300 16391
074 U010300 1658
074 U020300 0
074 V010300 9.89
074 V020300 0.00
074 W000300 0.0000
074 X000300 479
074 Y000300 0
075 A000300 0
075 B000300 26884
076 000300 0.00
028 A010400 0
028 A020400 0
028 A030400 0
028 A040400 0
028 B010400 0
028 B020400 0
028 B030400 0
<PAGE> PAGE 17
028 B040400 0
028 C010400 0
028 C020400 0
028 C030400 0
028 C040400 0
028 D010400 0
028 D020400 0
028 D030400 0
028 D040400 0
028 E010400 0
028 E020400 0
028 E030400 0
028 E040400 0
028 F010400 0
028 F020400 0
028 F030400 0
028 F040400 0
028 G010400 0
028 G020400 0
028 G030400 0
028 G040400 0
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.750
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
049 000400 N
050 000400 N
051 000400 N
<PAGE> PAGE 18
052 000400 N
053 A000400 N
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 0
063 B000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 Y
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
<PAGE> PAGE 19
070 J010400 N
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 511
071 B000400 432
071 C000400 193
071 D000400 224
072 A000400 12
072 B000400 14
072 C000400 4
072 D000400 0
072 E000400 0
072 F000400 3
072 G000400 2
072 H000400 0
072 I000400 0
072 J000400 0
072 K000400 0
072 L000400 0
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 0
072 X000400 5
072 Y000400 0
072 Z000400 13
072AA000400 39
072BB000400 0
072CC010400 4
<PAGE> PAGE 20
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 121
074 G000400 0
074 H000400 0
074 I000400 557
074 J000400 0
074 K000400 0
074 L000400 3
074 M000400 0
074 N000400 681
074 O000400 0
074 P000400 1
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
074 T000400 680
074 U010400 63
074 U020400 0
074 V010400 10.88
074 V020400 0.00
074 W000400 0.0000
074 X000400 4
074 Y000400 0
075 A000400 0
075 B000400 430
076 000400 0.00
SIGNATURE TIMOTHY N. COAKLEY
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000773754
<NAME> THE RUSHMORE FUND, INC.
<SERIES>
<NUMBER> 1
<NAME> MONEY MARKET PORTFOLIO
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 22,114,945
<INVESTMENTS-AT-VALUE> 22,114,945
<RECEIVABLES> 17,034
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,131,979
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 146,696
<TOTAL-LIABILITIES> 146,696
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,985,283
<SHARES-COMMON-STOCK> 21,985,283
<SHARES-COMMON-PRIOR> 22,260,525
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 21,985,283
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,260,190
<OTHER-INCOME> 0
<EXPENSES-NET> (166,841)
<NET-INVESTMENT-INCOME> 1,093,349
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,093,349
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,093,349)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 49,791,377
<NUMBER-OF-SHARES-REDEEMED> (51,121,619)
<SHARES-REINVESTED> 1,055,000
<NET-CHANGE-IN-ASSETS> (275,242)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 111,227
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 166,841
<AVERAGE-NET-ASSETS> 22,235,921
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.049
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.049)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.750
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000773754
<NAME> THE RUSHMORE FUND, INC.
<SERIES>
<NUMBER> 2
<NAME> U.S. GOVERNMENT INTERMEDIATE-TERM SECURITIES PORTFOLIO
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 11,069,172
<INVESTMENTS-AT-VALUE> 11,470,766
<RECEIVABLES> 464,983
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,935,749
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 342,904
<TOTAL-LIABILITIES> 342,904
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,170,348
<SHARES-COMMON-STOCK> 1,227,678
<SHARES-COMMON-PRIOR> 1,489,141
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (979,097)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 401,594
<NET-ASSETS> 11,592,845
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 784,865
<OTHER-INCOME> 0
<EXPENSES-NET> (88,617)
<NET-INVESTMENT-INCOME> 696,248
<REALIZED-GAINS-CURRENT> (233,727)
<APPREC-INCREASE-CURRENT> 652,352
<NET-CHANGE-FROM-OPS> 1,114,873
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (696,248)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 573,883
<NUMBER-OF-SHARES-REDEEMED> (902,155)
<SHARES-REINVESTED> 66,809
<NET-CHANGE-IN-ASSETS> (1,769,427)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (746,701)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 55,386
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 88,617
<AVERAGE-NET-ASSETS> 11,050,228
<PER-SHARE-NAV-BEGIN> 8.970
<PER-SHARE-NII> 0.564
<PER-SHARE-GAIN-APPREC> 0.470
<PER-SHARE-DIVIDEND> (0.564)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.440
<EXPENSE-RATIO> 0.800
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000773754
<NAME> THE RUSHMORE FUND, INC.
<SERIES>
<NUMBER> 3
<NAME> U.S. GOVERNMENT LONG-TERM SECURITIES PORTFOLIO
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 15,027,044
<INVESTMENTS-AT-VALUE> 16,193,379
<RECEIVABLES> 233,920
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16,427,299
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36,593
<TOTAL-LIABILITIES> 36,593
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,848,714
<SHARES-COMMON-STOCK> 1,657,846
<SHARES-COMMON-PRIOR> 3,225,132
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (624,343)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,166,335
<NET-ASSETS> 16,390,706
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,029,836
<OTHER-INCOME> 0
<EXPENSES-NET> (215,317)
<NET-INVESTMENT-INCOME> 1,814,519
<REALIZED-GAINS-CURRENT> (162,740)
<APPREC-INCREASE-CURRENT> 1,939,775
<NET-CHANGE-FROM-OPS> 3,591,554
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,814,519)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,729,920
<NUMBER-OF-SHARES-REDEEMED> (4,480,768)
<SHARES-REINVESTED> 183,562
<NET-CHANGE-IN-ASSETS> (12,885,687)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,052,760)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 134,573
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 215,317
<AVERAGE-NET-ASSETS> 26,884,441
<PER-SHARE-NAV-BEGIN> 9.080
<PER-SHARE-NII> 0.606
<PER-SHARE-GAIN-APPREC> 0.810
<PER-SHARE-DIVIDEND> (0.606)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.890
<EXPENSE-RATIO> 0.800
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000773754
<NAME> THE RUSHMORE FUND, INC.
<SERIES>
<NUMBER> 4
<NAME> NOVA PORTFOLIO
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 674,695
<INVESTMENTS-AT-VALUE> 678,328
<RECEIVABLES> 2,558
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 680,886
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 719
<TOTAL-LIABILITIES> 719
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 625,000
<SHARES-COMMON-STOCK> 62,500
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 12,760
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38,774
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,633
<NET-ASSETS> 680,167
<DIVIDEND-INCOME> 4,328
<INTEREST-INCOME> 13,803
<OTHER-INCOME> 0
<EXPENSES-NET> (5,371)
<NET-INVESTMENT-INCOME> 12,760
<REALIZED-GAINS-CURRENT> 38,774
<APPREC-INCREASE-CURRENT> 3,633
<NET-CHANGE-FROM-OPS> 55,167
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 62,500
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 680,167
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,223
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,371
<AVERAGE-NET-ASSETS> 429,702
<PER-SHARE-NAV-BEGIN> 10.000
<PER-SHARE-NII> 0.310
<PER-SHARE-GAIN-APPREC> 0.570
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.880
<EXPENSE-RATIO> 1.250
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
