<PAGE> PAGE 1
000 B000000 08/31/97
000 C000000 0000784975
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 EVERGREEN TAX FREE TRUST
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001 C000000 6172103200
002 A000000 200 BERKELEY STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
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007 C010100 1
007 C010200 2
007 C020200 EVERGREEN PENN. TAX FREE MONEY MARKET FUND
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007 C010500 5
007 C010600 6
007 C010700 7
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007 C010900 9
007 C011000 10
008 A00AA01 CAPITAL MANAGEMENT GROUP
008 B00AA01 A
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008 D01AA01 CHARLOTTE
008 D02AA01 NC
008 D03AA01 28288
010 A00AA01 EVERGREEN KEYSTONE INVESTMENT SERVICES
010 B00AA01 801-00000
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
010 A00AA02 THE BISYS GROUP INC.
010 C01AA02 COLUMBUS
010 C02AA02 OH
010 C03AA02 43219
010 C04AA02 3035
011 A00AA01 EVERGREEN KEYSTONE DISTRIBUTOR, INC.
<PAGE> PAGE 2
011 B00AA01 8-46906
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 EVERGREEN KEYSTONE SERVICE CO.
012 B00AA01 84-
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02116
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15219
014 A00AA01 LIEBER & CO.
014 B00AA01 8-14923
014 A00AA02 FIRST UNION BROKERAGE SERVICES, INC.
014 B00AA02 8-24369
015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 NORTH QUINCY
015 C02AA01 MA
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<PAGE> PAGE 3
022 C000004 13350
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<PAGE> PAGE 4
054 B00AA00 Y
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077 A000000 Y
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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SIGNATURE J. KEVIN KENELY
TITLE V.P. FUND ADMIN
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> EVERGREEN INSTITUTIONAL MONEY MARKET FUND CLASS A
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-START> SEP-01-1996
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 67,388,340
<INVESTMENTS-AT-VALUE> 67,388,340
<RECEIVABLES> 525,390
<ASSETS-OTHER> 3,819
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 67,917,549
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 213,167
<TOTAL-LIABILITIES> 213,167
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35,729,874
<SHARES-COMMON-STOCK> 35,729,874
<SHARES-COMMON-PRIOR> 22,196,184
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,679)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 35,728,195
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,084,606
<OTHER-INCOME> 0
<EXPENSES-NET> (180,867)
<NET-INVESTMENT-INCOME> 903,739
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 903,739
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (905,311)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 84,061,251
<NUMBER-OF-SHARES-REDEEMED> (70,724,545)
<SHARES-REINVESTED> 196,984
<NET-CHANGE-IN-ASSETS> 13,532,118
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (120,139)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (180,867)
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 102
<NAME> EVERGREEN INSTITUTIONAL MONEY MARKET FUND CLASS B
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-START> SEP-01-1996
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 67,388,340
<INVESTMENTS-AT-VALUE> 67,388,340
<RECEIVABLES> 525,390
<ASSETS-OTHER> 3,819
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 67,917,549
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 213,167
<TOTAL-LIABILITIES> 213,167
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,984,725
<SHARES-COMMON-STOCK> 31,984,725
<SHARES-COMMON-PRIOR> 48,325,651
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,538)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 31,976,187
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,396,412
<OTHER-INCOME> 0
<EXPENSES-NET> (194,767)
<NET-INVESTMENT-INCOME> 1,201,645
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,201,645
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,203,873)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 43,654,046
<NUMBER-OF-SHARES-REDEEMED> (60,819,276)
<SHARES-REINVESTED> 824,304
<NET-CHANGE-IN-ASSETS> (16,343,154)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (155,377)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (194,767)
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
The Trustees and Shareholders
Evergreen Tax-Free Trust
Evergreen Investment Trust
In planning and performing our audits of the financial statements of Evergreen
Pennsylvania Tax-Free Money Market Fund and Evergreen Treasury Money Market Fund
for the year ended August 31, 1997, we considered their internal control
structure, including procedures for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our opinion on
the financial statements and to comply with the requirements of Form N-SAR, not
to provide assurance on the internal control structure.
The management of Evergreen Pennsylvania Tax-Free Money Market Fund and
Evergreen Treasury Money Market Fund is responsible for establishing and
maintaining an internal control structure. In fulfilling this responsibility,
estimates and judgments by management are required to assess the expected
benefits and related costs of internal control structure policies and
procedures. Two of the objectives of an internal control structure are to
provide management with reasonable, but not absolute, assurance that assets are
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected. Also, projection of any evaluation
of the structure to future periods is subject to the risks that it may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined above as of
August 31, 1997.
This report is intended solely for the information and use of management and the
Securities and Exchange Commission.
October 10, 1997
