<PAGE> PAGE 1
000 A000000 09/30/99
000 C000000 0000789280
000 D000000 N
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000 F000000 Y
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001 A000000 CORNERCAP GROUP OF FUNDS
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002 A000000 1355 PEACHTREE STREET, SUITE 1700
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002 C000000 GA
002 D010000 30309
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008 A00AA01 CORNERCAP INVESTMENT COUNSEL
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008 D02AA01 GA
<PAGE> PAGE 2
008 D03AA01 30309
010 A00AA01 CORNERCAP INVESTMENT COUNSEL
010 B00AA01 801-36918
010 C01AA01 ATLANTA
010 C02AA01 GA
010 C03AA01 30309
012 A00AA01 FORTUNE FUND ADMINISTRATION
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012 C01AA01 ATLANTA
012 C02AA01 GA
012 C03AA01 30309
013 A00AA01 TAIT WELLER AND BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
015 A00AA01 UMB BANK
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
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015 E01AA01 X
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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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 THOMAS E QUINN
TITLE PRESIDENT
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