485BXT 1 paypalffgbxt_2011-0203.htm PAYPAL FUND FOR GOOD BXT 2011-0203 paypalffgbxt_2011-0203.htm
                                 As Filed with the Securities and Exchange Commission on February 3, 2011
 
                                           File Nos. 333-80205
                                              811-09381
SECURITIES AND EXCHANGE COMMISSION
 
WASHINGTON, D.C. 20549
 
FORM N-1A
 
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
 
Post-Effective Amendment No. 25
 
and
 
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

Amendment No. 26
 
PAYPAL FUNDS
 

 
(Exact name of Registrant as specified in charter)
 
2211 North First Street
San Jose, CA 95131
(Address of Principal Executive Offices)
 
Registrant's Telephone Number, including Area Code: (408) 967-7000
 
Dana E. Schmidt
PayPal Funds
2211 North First Street
San Jose, CA 95131
(Name and address of agent for service)
 
Please send copy of all communications to:
 
David A. Hearth
Paul, Hastings, Janofsky & Walker LLP
55 Second Street, 24th Floor
San Francisco, California 94105-3441

(415) 856-7000

 It is proposed that this filing will become effective:
 
     
immediately upon filing pursuant to paragraph (b)
  
 
X
  
on March 4, 2011 pursuant to paragraph (b)
  
     
60 days after filing pursuant to paragraph (a)(1)
  
     
on (date) pursuant to paragraph (a)(1)
  
     
75 days after filing pursuant to paragraph (a)(2)
  
     
on (date) pursuant to (a)(2) of Rule 485
  

If appropriate, check the following box:
 
x
The post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 
 
 
 


Explanatory Note


This Post-Effective Amendment No. 25 to the Registrant’s Registration Statement on Form N-1A is being filed pursuant to paragraph (b)(1)(iii) of Rule 485 of the Securities Act of 1933, as amended (the “1933 Act”), solely for the purpose of delaying, until March 4, 2011, the effectiveness of the Registration Statement for the PayPal Fund for Good (the “Fund”), filed in Post-Effective Amendment No. 18 on June 8, 2010, pursuant to paragraph (a) of Rule 485 of the 1933 Act. The effectiveness of the Registration Statement was delayed in Post-Effective Amendment No. 19 on August 20, 2010, Post-Effective Amendment No. 20 on September 16, 2010, Post-Effective Amendment No. 21 on October 14, 2010, Post-Effective Amendment No. 22 on November 10, 2010, Post-Effective Amendment No. 23 on December 9, 2010, and Post-Effective Amendment No. 24 on January 6, 2011, each pursuant to paragraph (b)(1)(iii) of Rule 485 of the 1933 Act.

This Post-Effective Amendment No. 25 incorporates by reference the information contained in Parts A, B and C of Post-Effective Amendment No. 18.



 
 
 
 

 SIGNATURES FOR THE REGISTRANT
 
Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all the requirements for the effectiveness of this Registration Statement pursuant to Rule 485(b)(1)(iii) of the Securities Act of 1933, as amended, and has duly caused this Post-Effective Amendment No. 25 to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of San Francisco and the State of California on this 3rd day of February 2011.



           PAYPAL FUNDS
(Registrant)

               By:       /s/ Dana E. Schmidt
       Name:   Dana E. Schmidt
                       Title:    President and Principal Executive Officer
 
Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 25 to the Registration Statement has been signed by the following persons in the capacities and on the dates indicated:
 
 
Signature                                                    Title                                                                         Date
 
 
/s/ Dana E. Schmidt                                                              President and Principal Executive Officer                                   February 3, 2011
Dana E. Schmidt
 
/s/ Omar J. Paz                                                                       Treasurer and                                                                                  February 3, 2011
Omar J. Paz                                                            Chief Financial Officer
 
               *                                                Trustee                                                                                             February 3, 2011
Richard D. Kernan
 
               **                                             Trustee                                                                                             February 3, 2011
John P. McGonigle
 
                *                                               Trustee and Chairman                                                                   February 3, 2011
Kevin T. Hamilton
 
 
 
*,** By: /s/ David A. Hearth     
 
                David A. Hearth,
 
                As Attorney-in-Fact
 
________________________
 
* Pursuant to Powers of Attorney, each dated February 25, 2003, for Richard D. Kernan and  Kevin T. Hamilton are incorporated herein by reference to PEA No. 7.
 
** Pursuant to Power of Attorney, dated September 18, 2008, for John P. McGonigle is incorporated herein by reference to PEA No. 15.