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001 A000000 THE JPM INSTITUTIONAL FUNDS
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002 D010000 02116
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007 C020600 THE JPM INSTITUTIONAL TAX EXEMPT BOND FUND
007 C030600 N
007 C010700 7
007 C020700 THE JPM INSTITUTIONAL TAX EXEMPT MONEY MKT FD
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010 A00AA01 SIGNATURE BROKER-DEALER SERVICES, INC.
010 B00AA01 8-41134
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
010 A00AA02 PIERPONT GROUP INC.
010 C01AA02 NEW YORK
010 C02AA02 NY
010 C03AA02 10017
011 A00AA01 SIGNATURE BROKER DEALER SERVICES INC.
011 B00AA01 8-41134
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 STATE STREET BANK CO.
012 B00AA01 85-50003
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012 C03AA01 02101
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
015 A00AA01 STATE STREET BANK & TRUST
015 B00AA01 C
015 C01AA01 BOSTON
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022 A000002 THE TAX EXEMPT MONEY MARKET PORTFOLIO
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055 A000600 N
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055 A000700 N
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056 000700 Y
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060 A000700 Y
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061 000700 1000000
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SIGNATURE DANIEL E. SHEA
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE 2/29/96
SEMI-ANNUAL REPORT FOR THE JPM INSTITUTIONAL TAX EXEMPT BOND FUND AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH SEMI-ANUAL REPORT.
</LEGEND>
<CIK> 0000894088
<NAME> THE JPM INSTITUTIONAL FUNDS
<SERIES>
<NUMBER> 6
<NAME> THE JPM INSTITUTIONAL TAX EXEMPT BOND FUND
<S> <C>
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<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE 2/29/96
SEMI-ANNUAL REPORT FOR THE JPM TAX EXEMPT MONEY MARKET FUND AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI-ANNAL REPORT.
</LEGEND>
<CIK> 0000894088
<NAME> THE JPM INSTITUTIONAL TAX EXEMPT MONEY MARKET FUND
<SERIES>
<NUMBER> 7
<NAME> THE JPM INSTITUTIONAL FUNDS
<S> <C>
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</TABLE>
