SCHWAB CHARLES FAMILY OF FUNDS
24F-2NT, 1998-03-24
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<PAGE>   1
 
                                 UNITED STATES
                       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:
 
   The Charles Schwab Family of Funds
   101 Montgomery Street
   San Francisco, CA 94104

2. The name of each series or class of securities for which this Form is filed
   (if the Form is being filed for all series and classes of securities of the
   issuer, check the box but do not list series or classes): [X]

3. Investment Company Act File Number: 811-5954
 
   Securities Act File Number: 33-31894
 
4(a). Last day of fiscal year for which this Form is filed: December 31, 1997
 
4(b). Check box if this Form is being filed late (i.e., more than 90 calendar
days after the end of the issuer's fiscal year). (See instruction A.2)
 
Note: if the Form is being filed late, interest must be paid on the
registration fee due.
 
4(c). Check box if this is the last time the issuer will be filing this Form.
 
5. Calculation of registration fee:
 
<TABLE>
  <S>   <C>                                                 <C>                 <C>
  (i)   Aggregate sale price of securities sold during
        the fiscal year pursuant to section 24(f):                               $127,481,702,438

  (ii)  Aggregate price of securities redeemed or
        repurchased during the fiscal year:                 $118,518,335,510

  (iii) Aggregate price of securities redeemed or
        repurchased during any prior fiscal year ending
        no earlier than October 11, 1995 that were not
        previously used to reduce registration fees
        payable to the Commission:                                        $0

  (iv)  Total available redemption credits [add items
        5(ii) and 5 (iii)]:                                                      $118,518,335,510

  (v)   Net sales -- if item 5(i) is greater than item
        5(iv) [subtract item 5(iv) from item 5(i)]:                              $  8,963,366,928

</TABLE>
 
                                        
<PAGE>   2
 
<TABLE>
<S>                                                              <C>                 <C>
   (vi) Redemption credits available for use in future years
        -- if item 5(i) is less than item 5(iv) [subtract item
        5(iv) from item 5(i)]:                                             $(0)

  (vii) Multiplier for determining registration fee (See
        instruction C.9):                                                            x   0.000295
                                                                                     ------------
 (viii) Registration fee due [multiply item 5(v) by item
        5(vii)] (enter "0" if no fee is due):                                        =$ 2,644,194
                                                                                     ============
</TABLE>
 
6. Prepaid Shares
 
If the response to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant to
rule 24e-2 as in effect before [effective date of recession of rule 24e-2], then
report the amount of securities (number of shares or other units) deducted here:
n/a . If there is a number of shares or other units that were registered
pursuant to rule 24e-2 remaining unsold at the end of the fiscal year for which
this form is filed that are available for use by the issuer in future fiscal
years, then state that number here: n/a .
 
7. Interest due -- if this Form is being filed more than 90 days after the
   end of the issuer's fiscal year (see instruction D):
 
                                                                     +        $0
                                                                     -----------
8. Total for the amount of the registration fee due plus any interest due
   [line 5(viii) plus line 7]:
 
                                                                     =$2,644,194
                                                                     ===========
9. Date the registration fee and any interest payment was sent to the
   Commission's lockbox depository:
 
   Method of delivery:
 
                     /X/ Wire Transfer
 
                     / / Mail or other means
 

                                   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 (Signature and Title) /s/ William J. Klipp
   ----------------------------------------------------------------------------
                         William J. Klipp
                         Executive Vice President, Chief Operating Officer, and 
                           Trustee
                         The Charles Schwab Family of Funds
 
Date         3/20/98
     -----------------------------

  *Please Print the Name and Title of the Signing Officer Below the Signature.
 


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