EASTCLIFF FUNDS INC
NSAR-A, 1997-02-27
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<PAGE>      PAGE  1
000 A000000 12/31/96
000 C000000 796227
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 EASTCLIFF FUNDS, INC.
001 B000000 811-4722
001 C000000 6123361444
002 A000000 900 SECOND AVE. SOUTH 300 INT'L CENTER
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55402
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 EASTCLIFF TOTAL RETURN FUND
007 C030100 N
007 C010200  2
007 C020200 EASTCLIFF GROWTH FUND
007 C030200 N
007 C010300  3
007 C020300 EASTCLIFF REGIONAL SMALL CAP. VALUE FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 FIDUCIARY MANAGEMENT, INC.
010 B00AA01 801-15164
010 C01AA01 MILWAUKEE
010 C02AA01 WI
010 C03AA01 53202
012 A00AA01 FIRSTAR TRUST CO.
012 B00AA01 85-00410
012 C01AA01 MILWAUKEE
012 C02AA01 WI
012 C03AA01 53202
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
<PAGE>      PAGE  2
013 B03AA01 55402
015 A00AA01 FIRSTAR TRUST CO.
015 B00AA01 C
015 C01AA01 MILWAUKEE
015 C02AA01 WI
015 C03AA01 53202
015 E01AA01 X
020 A000001 THE ROBINSON-HUMPHREY COMPANY, INC.
020 B000001 94-2524501
020 C000001      8
020 A000002 DAIN BOSWORTH INCORPORATED
020 B000002 41-0212020
020 C000002      7
020 A000003 PIPER, JAFFRAY & HOPWOOD INC.
020 B000003 41-0953246
020 C000003      5
020 A000004 SALOMON BROTHERS INC.
020 B000004 13-5365580
020 C000004      5
020 A000005 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000005 13-2741729
020 C000005      3
020 A000006 WESTMINSTER RESEARCH ASSOCIATION
020 B000006 13-3088032
020 C000006      2
020 A000007 MONTGOMERY SECURITIES
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020 A000008 COWEN & CO.
020 B000008 13-5616116
020 C000008      2
020 A000009 WILLIAM BLAIR & CO.
020 B000009 36-2214610
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022 C000002      3380
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022 A000003 PIPER, JAFFRAY & HOPWOOD INC.
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022 C000003      2529
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022 A000004 FIRSTAR NATIONAL BANK
<PAGE>      PAGE  3
022 B000004 39-0281260
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008 A000102 PALM BEACH INVESTMENT ADVISERS, INC.
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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008 B000201 A
008 C000201 801-21423
008 D010201 MINNEAPOLIS
008 D020201 MN
008 D030201 55402
008 A000202 WINSLOW CAPITAL MANAGEMENT, INC.
008 B000202 S
008 C000202 801-41316
008 D010202 MINNEAPOLIS
008 D020202 MN
008 D030202 55402
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008 A000302 WOODLAND PARTNERS LLC
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SIGNATURE   DONALD S. WILSON                             
TITLE       SECRETARY           
 


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<NAME> EASTCLIFF FUNDS, INC.
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