GREAT PLAINS FUNDS
N-18F1, 1997-07-11
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                                     N18F1FORM











                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549




                                  FORM N-18F-1



                  Notification of Election Pursuant to Rule 18f
                    Under the Investment Company Act of 1940




                               GREAT PLAINS FUNDS
                           (Exact Name of Registrant)



<PAGE>




                            NOTIFICATION OF ELECTION

      The undersigned registered open-end investment company hereby notifies the
Securities and Exchange Commission that it elects to commit itself to pay in
cash all redemptions by a shareholder of record as provided by Rule 18f-1 under
the Investment Company Act of 1940. It is understood that this election is
irrevocable while such Rule is in effect unless the Commission by order upon
application permits the withdrawal of this Notification of Election.


                                    SIGNATURE

      Pursuant to the requirements of Rule 18f-1 under the Investment Company
Act of 1940, the Registrant has caused this Notification of Election to be duly
executed on its behalf in the City of Pittsburgh and the Commonwealth of
Pennsylvania on the 11th day of July 1997.



GREAT PLAINS FUNDS
(Name of Registrant)



By:  /s/Victor R. Siclari____
       (Name)
      Attorney In Fact
         for the Trustees










                               GREAT PLAINS FUNDS

                            Federated Investors Tower
                       Pittsburgh, Pennsylvania 15222-3779
                                 (412) 288-1900



                                  July 11, 1997



Securities and Exchange Commission
EDGAR Operations Branch
450 Fifth Street, N.W.
Washington, DC 20549

      Re: GREAT PLAINS FUNDS

      Enclosed please find Form N-18F-1 which is being filed pursuant to Rule
18f-1 under the Investment Company Act of 1940, as Notification of Election by
GREAT PLAINS FUNDS.

                                                       Very truly yours,



                                                     /s/ Cathy C. Ryan
                                                     Cathy C. Ryan
                                                     Compliance Specialist






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