1784 FUNDS
NSAR-A, 1996-01-25
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<PAGE>      PAGE  1
000 A000000 11/30/95
000 C000000 0000897217
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 1784 FUNDS
001 B000000 811-7474
001 C000000 8003425734
002 A000000 2 OLIVER STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 13
007 C010100  1
007 C020100 TAX FREE MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 US TREASURY MONEY MARKET FUND
007 C030200 N
007 C010300  3
007 C020300 INSTITUTIONAL US TREASURY MONEY MARKET FUND
007 C030300 N
007 C010400  4
007 C020400 US GOVERNMENT MEDIUM TERM INCOME
007 C030400 N
007 C010500  5
007 C020500 TAX EXEMPT MEDIUM TERM INCOME
007 C030500 N
007 C010600  6
007 C020600 MASSACHUSETTS TAX EXEMPT MEDIUM TERM INCOME
007 C030600 N
007 C010700  7
007 C020700 GROWTH & INCOME FUND
007 C030700 N
007 C010800  8
007 C020800 ASSET ALLOCATION FUND
007 C030800 N
007 C010900  9
007 C020900 SHORT TERM INCOME FUND
007 C030900 N
007 C011000 10
007 C021000 INCOME FUND
<PAGE>      PAGE  2
007 C031000 N
010 A00AA01 SEI FINANCIAL MANAGEMENT CORPORATION
010 B00AA01 0000
010 C01AA01 WAYNE
010 C02AA01 PA
010 C03AA01 19087
010 C04AA01 1658
012 A00AA01 SEI FINANCIAL MANAGEMENT CORPORATION
012 B00AA01 84-0000
012 C01AA01 WAYNE
012 C02AA01 PA
012 C03AA01 19087
012 C04AA01 1658
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
015 A00AA01 THE FIRST NATIONAL BANK OF BOSTON
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   13
019 C00AA00 1784 FUNDS
020 A000001 T.I.R. SECRUITIES
020 C000001    117
020 A000002 AUTRANET, INC.
020 B000002 13-2961507
020 C000002     17
020 A000003 WARBURG
020 B000003 13-2671492
020 C000003     15
020 A000004 ASIA EQUITY
020 C000004     14
020 A000005 SMITH NEW COURT
020 C000005     14
020 A000006 MERRILL LYNCH & COMPANY
020 B000006 13-5674085
020 C000006     14
020 A000007 BARCLAYS DE ZOETTE WEB SECURITIES
020 B000007 13-4942190
020 C000007     12
020 A000008 FIRST TENNESSE BANK N.A. MEMPHIS
020 C000008     10
020 A000009 ROBERT FLEMING & COMPANY
020 C000009     10
020 A000010 NATWEST INTERNATIONAL SECURITIES
020 C000010      9
<PAGE>      PAGE  3
021  000000      361
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022 B000001 13-3046258
022 C000001  22178000
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022 B000002 13-2518466
022 C000002  19390470
022 D000002    161556
022 A000003 PAINE WEBBER
022 B000003 13-2638166
022 C000003   5505788
022 D000003      7250
022 A000004 SMITH BARNEY HARRIS UPHAM
022 B000004 13-1912900
022 C000004   1142297
022 D000004     30686
022 A000005 PRUDENTIAL BACHE SECURITIES
022 B000005 22-2347336
022 C000005    746043
022 D000005      5212
022 A000006 HSBC SECURITIES
022 C000006    293677
022 D000006     34030
022 A000007 GX CLARKE GOVERNMENT SECURITIES
022 B000007 13-2969143
022 C000007    110990
022 D000007     38634
022 A000008 FIRST TENNESSE BANK N.A. MEMPHIS
022 C000008    129763
022 D000008      2138
022 A000009 GOLDMAN SACHS
022 B000009 13-5108880
022 C000009     67430
022 D000009     14791
022 A000010 DEAN WITTER
022 B000010 94-1671384
022 C000010     61868
022 D000010     15502
023 C000000   50035518
023 D000000     882287
026 A000000 Y
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026 C000000 N
026 D000000 N
026 E000000 N
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026 G020000 N
026 H000000 N
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<PAGE>      PAGE  4
055 A00AA00 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  24
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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008 A001301 THE FIRST NATIONAL BANK OF BOSTON
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008 A001302 KLEINWORT BENSON INVESTMENT MNGT AMERICAS INC
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SIGNATURE   STEVEN G MEYER                               
TITLE       V.P.& CONTROLLER    
 


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<CIK> 0000897217
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<TABLE> <S> <C>

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<NAME> 1784 FUNDS
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<TABLE> <S> <C>

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<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          2088
<NET-ASSETS>                                     90182
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2342
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     338
<NET-INVESTMENT-INCOME>                           2004
<REALIZED-GAINS-CURRENT>                           739
<APPREC-INCREASE-CURRENT>                          918
<NET-CHANGE-FROM-OPS>                             3661
<EQUALIZATION>                                    6467
<DISTRIBUTIONS-OF-INCOME>                       (2004)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1478
<NUMBER-OF-SHARES-REDEEMED>                      (884)
<SHARES-REINVESTED>                                 55
<NET-CHANGE-IN-ASSETS>                            8124
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (1827)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              313
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    516
<AVERAGE-NET-ASSETS>                             84369
<PER-SHARE-NAV-BEGIN>                             9.90
<PER-SHARE-NII>                                    .24
<PER-SHARE-GAIN-APPREC>                            .19
<PER-SHARE-DIVIDEND>                             (.24)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.09
<EXPENSE-RATIO>                                    .80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000897217
<NAME> 1784 FUNDS
<SERIES>
   <NUMBER> 070
   <NAME> GROWTH AND INCOME FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                           204505
<INVESTMENTS-AT-VALUE>                          272419
<RECEIVABLES>                                      115
<ASSETS-OTHER>                                     140
<OTHER-ITEMS-ASSETS>                              1455
<TOTAL-ASSETS>                                  274129
<PAYABLE-FOR-SECURITIES>                          1537
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          547
<TOTAL-LIABILITIES>                               2084
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        210048
<SHARES-COMMON-STOCK>                            20106
<SHARES-COMMON-PRIOR>                            18847
<ACCUMULATED-NII-CURRENT>                          403
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (6321)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         67915
<NET-ASSETS>                                    272045
<DIVIDEND-INCOME>                                 1977
<INTEREST-INCOME>                                  381
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1199
<NET-INVESTMENT-INCOME>                           1159
<REALIZED-GAINS-CURRENT>                        (4482)
<APPREC-INCREASE-CURRENT>                        31093
<NET-CHANGE-FROM-OPS>                            27770
<EQUALIZATION>                                   16320
<DISTRIBUTIONS-OF-INCOME>                       (1245)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           6544
<NUMBER-OF-SHARES-REDEEMED>                     (5312)
<SHARES-REINVESTED>                                 27
<NET-CHANGE-IN-ASSETS>                           42845
<ACCUMULATED-NII-PRIOR>                            489
<ACCUMULATED-GAINS-PRIOR>                       (1839)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              954
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1535
<AVERAGE-NET-ASSETS>                            257031
<PER-SHARE-NAV-BEGIN>                            12.16
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                           1.38
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.03
<EXPENSE-RATIO>                                    .93
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000897217
<NAME> 1784 FUNDS
<SERIES>
   <NUMBER> 080
   <NAME> ASSET ALLOCATION FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                            10670
<INVESTMENTS-AT-VALUE>                           12068
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                      43
<OTHER-ITEMS-ASSETS>                               145
<TOTAL-ASSETS>                                   12256
<PAYABLE-FOR-SECURITIES>                            70
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           67
<TOTAL-LIABILITIES>                                137
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         10345
<SHARES-COMMON-STOCK>                             1001
<SHARES-COMMON-PRIOR>                              784
<ACCUMULATED-NII-CURRENT>                           57
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            318
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1398
<NET-ASSETS>                                     12118
<DIVIDEND-INCOME>                                   62
<INTEREST-INCOME>                                  148
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      64
<NET-INVESTMENT-INCOME>                            146
<REALIZED-GAINS-CURRENT>                           237
<APPREC-INCREASE-CURRENT>                          779
<NET-CHANGE-FROM-OPS>                             1162
<EQUALIZATION>                                    2474
<DISTRIBUTIONS-OF-INCOME>                        (140)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            255
<NUMBER-OF-SHARES-REDEEMED>                       (48)
<SHARES-REINVESTED>                                 10
<NET-CHANGE-IN-ASSETS>                            3496
<ACCUMULATED-NII-PRIOR>                             51
<ACCUMULATED-GAINS-PRIOR>                           81
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                         619
<GROSS-ADVISORY-FEES>                               38
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    100
<AVERAGE-NET-ASSETS>                             10281
<PER-SHARE-NAV-BEGIN>                            10.99
<PER-SHARE-NII>                                    .15
<PER-SHARE-GAIN-APPREC>                           1.12
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.10
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000897217
<NAME> 1784 FUNDS
<SERIES>
   <NUMBER> 090
   <NAME> SHORT TERM INCOME FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                            72744
<INVESTMENTS-AT-VALUE>                           73944
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                      12
<OTHER-ITEMS-ASSETS>                              2886
<TOTAL-ASSETS>                                   76842
<PAYABLE-FOR-SECURITIES>                           999
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          576
<TOTAL-LIABILITIES>                               1575
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         73701
<SHARES-COMMON-STOCK>                             7383
<SHARES-COMMON-PRIOR>                             5210
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            367
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1200
<NET-ASSETS>                                     75267
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2153
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     182
<NET-INVESTMENT-INCOME>                           1953
<REALIZED-GAINS-CURRENT>                           339
<APPREC-INCREASE-CURRENT>                          374
<NET-CHANGE-FROM-OPS>                             2666
<EQUALIZATION>                                   21974
<DISTRIBUTIONS-OF-INCOME>                       (1953)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           2806
<NUMBER-OF-SHARES-REDEEMED>                      (723)
<SHARES-REINVESTED>                                 90
<NET-CHANGE-IN-ASSETS>                           22687
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           28
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              161
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    313
<AVERAGE-NET-ASSETS>                             64123
<PER-SHARE-NAV-BEGIN>                            10.09
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                            .11
<PER-SHARE-DIVIDEND>                             (.13)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.20
<EXPENSE-RATIO>                                    .57
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000897217
<NAME> 1784 FUNDS
<SERIES>
   <NUMBER> 100
   <NAME> INCOME FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                           198862
<INVESTMENTS-AT-VALUE>                          208263
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                      37
<OTHER-ITEMS-ASSETS>                              3581
<TOTAL-ASSETS>                                  211881
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1378
<TOTAL-LIABILITIES>                               1378
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        198026
<SHARES-COMMON-STOCK>                            19846
<SHARES-COMMON-PRIOR>                            18908
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           3076
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          9401
<NET-ASSETS>                                    210503
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 7080
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     800
<NET-INVESTMENT-INCOME>                           6280
<REALIZED-GAINS-CURRENT>                          4072
<APPREC-INCREASE-CURRENT>                          114
<NET-CHANGE-FROM-OPS>                            10466
<EQUALIZATION>                                    9802
<DISTRIBUTIONS-OF-INCOME>                       (6280)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1936
<NUMBER-OF-SHARES-REDEEMED>                     (1070)
<SHARES-REINVESTED>                                 71
<NET-CHANGE-IN-ASSETS>                           13988
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        (996)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              740
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1220
<AVERAGE-NET-ASSETS>                            199529
<PER-SHARE-NAV-BEGIN>                            10.39
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                            .22
<PER-SHARE-DIVIDEND>                             (.33)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.61
<EXPENSE-RATIO>                                    .80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000897217
<NAME> 1784 FUNDS
<SERIES>
   <NUMBER> 110
   <NAME> CONNECTICUT TAX EXEMPT INCOME FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-30-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                            68090
<INVESTMENTS-AT-VALUE>                           71306
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       9
<OTHER-ITEMS-ASSETS>                              1159
<TOTAL-ASSETS>                                   72474
<PAYABLE-FOR-SECURITIES>                          1909
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          445
<TOTAL-LIABILITIES>                               2354
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         66858
<SHARES-COMMON-STOCK>                             6690
<SHARES-COMMON-PRIOR>                             5975
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             46
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          3216
<NET-ASSETS>                                     70120
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1882
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     246
<NET-INVESTMENT-INCOME>                           1636
<REALIZED-GAINS-CURRENT>                           316
<APPREC-INCREASE-CURRENT>                         1062
<NET-CHANGE-FROM-OPS>                             3014
<EQUALIZATION>                                    7373
<DISTRIBUTIONS-OF-INCOME>                       (1636)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1029
<NUMBER-OF-SHARES-REDEEMED>                      (386)
<SHARES-REINVESTED>                                 18
<NET-CHANGE-IN-ASSETS>                            8751
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        (271)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              239
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    426
<AVERAGE-NET-ASSETS>                             64466
<PER-SHARE-NAV-BEGIN>                            10.27
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                            .21
<PER-SHARE-DIVIDEND>                             (.26)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.48
<EXPENSE-RATIO>                                    .76
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000897217
<NAME> 1784 FUNDS
<SERIES>
   <NUMBER> 120
   <NAME> RHODE ISLAND TAX EXEMPT INCOME FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                            32537
<INVESTMENTS-AT-VALUE>                           34134
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       9
<OTHER-ITEMS-ASSETS>                               529
<TOTAL-ASSETS>                                   34672
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          202
<TOTAL-LIABILITIES>                                202
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         33040
<SHARES-COMMON-STOCK>                             3340
<SHARES-COMMON-PRIOR>                             3208
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (167)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1597
<NET-ASSETS>                                     34470
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1002
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     128
<NET-INVESTMENT-INCOME>                            874
<REALIZED-GAINS-CURRENT>                            22
<APPREC-INCREASE-CURRENT>                          626
<NET-CHANGE-FROM-OPS>                             1522
<EQUALIZATION>                                    1327
<DISTRIBUTIONS-OF-INCOME>                        (874)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            332
<NUMBER-OF-SHARES-REDEEMED>                      (205)
<SHARES-REINVESTED>                                  5
<NET-CHANGE-IN-ASSETS>                            1975
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        (188)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              125
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    236
<AVERAGE-NET-ASSETS>                             33610
<PER-SHARE-NAV-BEGIN>                            10.13
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                            .19
<PER-SHARE-DIVIDEND>                             (.26)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.32
<EXPENSE-RATIO>                                    .76
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000897217
<NAME> 1784 FUNDS
<SERIES>
   <NUMBER> 130
   <NAME> INTERNATIONAL EQUTIY
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1996
<PERIOD-START>                             JUN-01-1995
<PERIOD-END>                               NOV-30-1995
<INVESTMENTS-AT-COST>                           227993
<INVESTMENTS-AT-VALUE>                          238717
<RECEIVABLES>                                      549
<ASSETS-OTHER>                                    2300
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  241566
<PAYABLE-FOR-SECURITIES>                          8656
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          505
<TOTAL-LIABILITIES>                               9161
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        215076
<SHARES-COMMON-STOCK>                            21238
<SHARES-COMMON-PRIOR>                            14265
<ACCUMULATED-NII-CURRENT>                         1611
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           5235
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         10438
<NET-ASSETS>                                    232405
<DIVIDEND-INCOME>                                 1544
<INTEREST-INCOME>                                  419
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (760)
<NET-INVESTMENT-INCOME>                           1203
<REALIZED-GAINS-CURRENT>                          5071
<APPREC-INCREASE-CURRENT>                         2599
<NET-CHANGE-FROM-OPS>                             8873
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          411
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           7576
<NUMBER-OF-SHARES-REDEEMED>                      (603)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           83966
<ACCUMULATED-NII-PRIOR>                            819
<ACCUMULATED-GAINS-PRIOR>                          164
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              970
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1488
<AVERAGE-NET-ASSETS>                            193353
<PER-SHARE-NAV-BEGIN>                            10.41
<PER-SHARE-NII>                                    .04
<PER-SHARE-GAIN-APPREC>                            .52
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.94
<EXPENSE-RATIO>                                    .78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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