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011 A00AA01 DECLARATION DISTRIBUTORS INC.
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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SIGNATURE PETER F. WAITNEIGHT
TITLE PRESIDENT
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<NAME> Quaker Investment Trust
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<TABLE> <S> <C>
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<CIK> 0000870355
<NAME> Quaker Investment Trust
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<NUMBER> 3
<NAME> Quaker Enhanced Stock Market Fund
<S> <C>
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<TABLE> <S> <C>
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<CIK> 0000870355
<NAME> Quaker Investment Trust
<SERIES>
<NUMBER> 4
<NAME> Quaker Small Cap Value Fund
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000870355
<NAME> Quaker Investment Trust
<SERIES>
<NUMBER> 5
<NAME> Quaker Mid Cap Value Fund
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000870355
<NAME> Quaker Investment Trust
<SERIES>
<NUMBER> 6
<NAME> Quaker Fixed Income Fund
<S> <C>
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