MENTOR INSTITUTIONAL TRUST
NSAR-B, 1997-08-29
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<PAGE>      PAGE  1
000 B000000 06/30/97
000 C000000 0000921923
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 MENTOR INSTITUTIONAL TRUST
001 B000000 811-8484
001 C000000 8047823294
002 A000000 901 EAST BYRD STREET, RIVERFRONT PLAZA W
002 B000000 RICHMOND
002 C000000 VA
002 D010000 23219
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C020500 SNAP FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 MENTOR INVESTMENT GROUP
010 C01AA01 RICHMOND
010 C02AA01 VA
010 C03AA01 23219
011 A00AA01 MENTOR DISTRIBUTORS, LLC
011 B00AA01 8-44487
011 C01AA01 RICHMOND
011 C02AA01 VA
011 C03AA01 23219
013 A00AA01 KPMG PEAT MARWICK
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02108
014 A00AA01 WHEAT, FIRST SECURITIES, INC.
014 B00AA01 8-008877
014 A00AA02 EVEREN SECURITIES, INC.
014 B00AA02 8-a37180
<PAGE>      PAGE  2
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    3
019 C00AA00 MENTORFAMI
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 GOLDMAN SACHS
022 B000001 13-5108880
022 C000001    394910
022 D000001    400000
022 A000002 ASSOC CORP NA
022 B000002 74-1494554
022 C000002    339935
022 D000002    340000
022 A000003 JP MORGAN
022 B000003 13-3224016
022 C000003    139694
022 D000003    171203
022 A000004 FIRST BOSTON
022 B000004 13-5659485
022 C000004    134519
022 D000004    140209
022 A000005 HARRIS TRUST
022 B000005 36-1194448
022 C000005    120000
022 D000005    120567
022 A000006 WACHOVIA BANK
022 B000006 56-0927594
022 C000006    120000
022 D000006     80375
022 A000007 CHASE SECURITIES
022 B000007 13-3112953
022 C000007     42262
022 D000007     82596
022 A000008 MERRILL LYNCH
022 B000008 13-1875951
022 C000008     64482
022 D000008     60000
022 A000009 SMITH BARNEY
022 B000009 13-3371860
022 C000009     79371
022 D000009     40000
<PAGE>      PAGE  3
022 A000010 BEAR STEARNS
022 B000010 13-4946705
022 C000010     58940
022 D000010     60000
023 C000000    1900082
023 D000000    1840926
024  00AA00 N
025 A00AA01 BEAR STERNS COMPANIES, INC.
025 B00AA01 13-4946705
025 C00AA01 D
025 D00AA01   29364
025 A00AA02 GOLDMAN SACHS GROUP
025 B00AA02 13-5108880
025 C00AA02 D
025 D00AA02   29805
025 A00AA03 MERRILL LYNCH
025 B00AA03 13-1875951
025 C00AA03 D
025 D00AA03   39898
025 A00AA04 MORGAN STANLEY DEAN WITTER
025 B00AA04 13-2655998
025 C00AA04 D
025 D00AA04   19895
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
<PAGE>      PAGE  4
040  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
077 A000000 Y
077 B000000 Y
078  000000 N
080 A00AA00 NATIONAL UNION FIRE INSURANCE COMPANY
080 B00AA00 USF&G
080 C00AA00    44000
081 A00AA00 Y
081 B00AA00   5
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
008 A000501 MENTOR INVESTMENT ADVISORS, LLC
008 B000501 A
008 C000501 801-40384
008 D010501 RICHMOND
008 D020501 VA
008 D030501 23219
012 A000501 CENTRAL FIDELITY NATIONAL BANK
012 B000501 85-11302
012 C010501 RICHMOND
012 C020501 VA
012 C030501 23261
015 A000501 CENTRAL FIDELITY NATIONAL BANK
015 B000501 C
015 C010501 RICHMOND
015 C020501 VA
015 C030501 23261
015 E010501 X
028 A010500     93871
028 A020500      4442
<PAGE>      PAGE  5
028 A030500         0
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028 H000500         0
045  000500 Y
046  000500 N
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048  000500  0.000
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048 F020500 0.000
048 G010500        0
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048 H010500        0
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048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
<PAGE>      PAGE  6
048 K010500  1250000
048 K020500 0.050
049  000500 N
050  000500 N
051  000500 N
052  000500 N
053 A000500 N
054 A000500 Y
054 B000500 Y
054 C000500 Y
054 D000500 N
054 E000500 N
054 F000500 N
054 G000500 Y
054 H000500 Y
054 I000500 N
054 J000500 Y
054 K000500 N
054 L000500 N
054 M000500 Y
054 N000500 N
054 O000500 Y
055 A000500 Y
055 B000500 N
056  000500 Y
057  000500 N
058 A000500 N
059  000500 Y
060 A000500 Y
060 B000500 Y
061  000500        0
062 A000500 Y
062 B000500   0.0
062 C000500   8.1
062 D000500  19.3
062 E000500   0.0
062 F000500  28.7
062 G000500   0.0
062 H000500  13.2
062 I000500  30.4
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
063 A000500  43
063 B000500  0.0
<PAGE>      PAGE  7
064 A000500 Y
070 A010500 Y
070 A020500 Y
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 N
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 N
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500         0
071 B000500         0
071 C000500         0
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072 A000500 12
072 B000500    51869
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<PAGE>      PAGE  8
072 K000500        0
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072 X000500     1080
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072AA000500        0
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073 A010500   0.0500
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<PAGE>      PAGE  9
074 U020500        0
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074 W000500   1.0000
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075 A000500   944675
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076  000500     0.00
SIGNATURE   GEOFFREY B. SALE                             
TITLE       SR. INVESTMENT AUDIT
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000921923
<NAME> MENTOR INSTITUTIONAL TRUST
<SERIES>
   <NUMBER> 5
   <NAME> SNAP FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                          1041953
<INVESTMENTS-AT-VALUE>                         1041953
<RECEIVABLES>                                     3405
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                               282
<TOTAL-ASSETS>                                 1045640
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           57
<TOTAL-LIABILITIES>                                 57
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1045583
<SHARES-COMMON-STOCK>                          1045583
<SHARES-COMMON-PRIOR>                           954777
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                   1045583
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                51869
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1080
<NET-INVESTMENT-INCOME>                          50789
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                            50789
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        50789
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1457944
<NUMBER-OF-SHARES-REDEEMED>                    1417927
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<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                            944675
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<PER-SHARE-NII>                                    .05
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<EXPENSE-RATIO>                                    .11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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