Form 12-25
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
[ ] Form 10-K
[ ] Form 20-F
[ ] Form 11-K
[ ] Form 10-Q
[XX] Form N-SAR
For the period ended: December 31, 1996
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the period ended:
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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Part 1 - Registrant Information
Full Name of Registrant: Quaker Investment Trust (811-06260)
Former Name if Applicable:
Address of Principal Executive Office (Street and Number):
105 North Washington Street
Post Office Drawer 69
City, State, and Zip Code:
Rocky Mount, North Carolina 27802-0069
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Part 2 - Rules 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed (Check box if appropriate):
a. The reasons described in reasonable detail in Part 3 of this form could
not be eliminated without unreasonable effort or expense;
b. The subject annual report, semi-annual-report, transition report on Form
10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on
or before the fifteenth calendar day following the prescribed due date; or
the subject quarterly report or transition report on Form 10-Q, or portion
thereof will be filed on or before the fifth calendar following the
prescribed due date; and
c. The accountant's statement or other exhibit required by Rule 12b-25(c) has
been attached if applicable.
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Part 3 - Narrative
State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q, N-
SAR, or the transition report or portion thereof could not be filed within the
prescribed period.
The reports necessary to complete the N-SAR were not completed on this date,
therefore compiling that data before the required time is not possible.
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Part 4 - Other Information
1. Name and telephone number of person to contact in regard to this
notification:
C. Frank Watson 919 972 9922
2. Have all other periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that
the registrant was required to file such report(s) been filed? If the
answer if no, identify report(s).
[XX] yes [ ] no
3. Is it anticipated that any significant change in results of operations
from corresponding period for the last fiscal year will be reflected by
the earnings statements to be included in the subject report or portion
thereof?
[ ] yes [XX] no
If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
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Quaker Investment Trust has caused this notification to be
signed on its behalf by the undersigned thereunto duly authorized.
Date: March 4, 1997 By: C. Frank Watson III
Secretary
