X0101 EFFECT 33 LIVE 2009-01-15 15:15:00

N-14

0001048133 DELAWARE GROUP FOUNDATION FUNDS 333-156148 0001048133 DELAWARE GROUP FOUNDATION FUNDS S000004196 DELAWARE MODERATE ALLOCATION PORTFOLIO C000011802 CLASS B 0000027801 DELAWARE GROUP EQUITY FUNDS I S000002384 DELAWARE BALANCED FUND C000006304 DELAWARE BALANCED FUND CLASS B 0001048133 DELAWARE GROUP FOUNDATION FUNDS S000004196 DELAWARE MODERATE ALLOCATION PORTFOLIO C000011803 CLASS C 0000027801 DELAWARE GROUP EQUITY FUNDS I S000002384 DELAWARE BALANCED FUND C000006305 DELAWARE BALANCED FUND CLASS C 0001048133 DELAWARE GROUP FOUNDATION FUNDS S000004196 DELAWARE MODERATE ALLOCATION PORTFOLIO C000011804 INSTITUTIONAL CLASS 0000027801 DELAWARE GROUP EQUITY FUNDS I S000002384 DELAWARE BALANCED FUND C000006306 DELAWARE BALANCED FUND INSTITUTIONAL CLASS 0001048133 DELAWARE GROUP FOUNDATION FUNDS S000004196 DELAWARE MODERATE ALLOCATION PORTFOLIO C000011805 CLASS A 0000027801 DELAWARE GROUP EQUITY FUNDS I S000002384 DELAWARE BALANCED FUND C000006303 DELAWARE BALANCED FUND CLASS A 0001048133 DELAWARE GROUP FOUNDATION FUNDS S000004196 DELAWARE MODERATE ALLOCATION PORTFOLIO C000011806 CLASS R 0000027801 DELAWARE GROUP EQUITY FUNDS I S000002384 DELAWARE BALANCED FUND C000006311 DELAWARE BALANCED FUND CLASS R