February 21, 1997
U.S. Securities and Exchange Commission
Attn: Filing Desk
450 5th Street, N.W.
Washington, DC 20549
RE: Rule 24(f)-2 Notice for Plan Investment Fund, Inc.
File No. 2-99584
Dear Gentlemen and Ladies:
Pursuant to Rule 24(f)-2 of the Investment Company Act of 1940, the above
referenced Fund hereby files the following:
1. Rule 24(f)-2 Notice; and
2. Opinion of Counsel.
We will obtain confirmation of this filing via our CompuServe account,
72741,733. If there are any questions on this filing I can be reached at
(302) 791-2919.
Very Truly Yours,
Wendy McGee
Legal Assistant
Enclosures
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24f-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer: Plan Investment Fund, Inc.
676 N. St. Clair Street
Chicago, IL 60611
2. Name of each series or class of funds for which this notice is filed:
Money Market Portfolio PCs $.001 par value
Short-Term Portfolio PCs $.001 par value
Government/REPO Portfolio PCs $.001 par value
3. Investment Company Act File Number: 811-4379
Securities Act File Number: 2-99584
4. Last day of fiscal year for which this notice is filed: December 31, 1996
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting securities
sold after the close of the fiscal year but before termination of
the issuer's 24f-2 declaration:
[ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable: N/A
7. Number and amount of securities of the same class or series which had
been registered under the Securities Act of 1933 other than pursuant to
rule 24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year:
Number: 7,471,152
Amount: $74,447,735
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
Number: 25,356,122
Amount: $40,934,492
9. Number and aggregate sale price of securities sold during the fiscal year:
Number: 7,672,068,098
Sale Price: $7,705,357,201
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
Number: 7,589,974,974
Sale Price: $7,589,974,974
11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable:
Number: 20,150,843
Sale Price: $22,478,893
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year in reliance on rule 24f-2 (from Item 10): $ 7,589,974,974
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if applicable):+ 22,478,893
(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): - 7,744,180,309
(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): + 0
(v) Net aggregate price of securities sold and issued
during the fiscal year in reliance on rule 24f-2
[line (i), plus line (ii), less line (iii), plus
line (iv)] (if applicable): $ (131,726,442)
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law or
regulation: / 3300
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: $ 0
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of
Informal and Other Procedures (17 CFR 202.3a).
[ ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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: /s/Phillip A. Goss
Phillip A. Goss
President and Chief Executive Officer
Date: February 21, 1997
February 20, 1997
Plan Investment Fund, Inc.
676 North St. Clair Street
Chicago, Illinois 60611
Re: Rule 24f-2 Notice
for Plan Investment Fund, Inc.
1933 Act File No. 2-99584
Ladies and Gentlemen:
You have requested that we, as counsel to Plan Investment Fund, Inc. ("PIF"),
render an opinion in connection with the filing by PIF of a notice required
by Rule 24f-2 ("Rule 24f-2") under the Investment Company Act of 1940 (the
"Notice") for PIF's fiscal year ended December 31, 1996. The Notice covers
participation certificates (collectively "PCs") for (i) PIF's Money Market
Portfolio, $.001 par value per PC, (ii) PIF's Short-Term Portfolio, $.001
par value per PC, and (iii) PIF's Government/Repo Portfolio, $.001 par value
per PC.
Paragraph 8 of the Notice states that the number and amount of PCs registered
during the fiscal year ended December 31, 1996, other than pursuant to Rule
24f-2, was 25,356,122 PCs and $40,934,492, respectively.
Paragraph 9 of the Notice states that the number and aggregate sale price of
PCs sold during the fiscal year ended December 31, 1996, was 7,672,068,098
PCs and $7,705,357,201, respectively.
Paragraph 10 of the Notice states that the number and aggregate sale price of
PCs sold during the fiscal year ended December 31, 1996, in reliance upon
registration pursuant to Rule 24f-2 was 7,589,974,974 PCs and $7,589,974,974,
respectively.
Paragraph 11 of the Notice states that the number and aggregate sale price
of PCs issued during the fiscal year ended December 31, 1996, in connection
with dividend reinvestment plans, was 20,150,483 PCs and $22,478,893,
respectively.
Paragraph 12(iii) of the Notice states that the aggregate sale price of PCs
redeemed or repurchased during the fiscal year ended December 31, 1996, was
$7,744,180,309.
We have examined PIF's Amended and Restated Articles of Incorporation, its
By-laws, resolutions adopted by its Board of Trustees, and other records and
documents of PIF that we have deemed necessary for the purpose of this
opinion. We have also examined certain other documents, papers, statutes
and authorities as we have deemed necessary to form a basis for the opinion
hereinafter expressed.
On the basis of the foregoing, and assuming that all of the PCs were sold in
accordance with the terms of PIF'S prospectus in effect at the time of sale,
we are of the opinion that the PCs were legally issued by PIF, and are fully
paid and non-assessable.
Very truly yours,
/s/SEYFARTH, SHAW, FAIRWEATHER & GERALDSON
SEYFARTH, SHAW, FAIRWEATHER & GERALDSON
