<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2023-08-10</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>09:00:00</finalEffectivenessDispTime>
        <form>N-14</form>
        <filer>
            <cik>0000870355</cik>
            <entityName>QUAKER INVESTMENT TRUST</entityName>
            <fileNumber>333-273178</fileNumber>
            <seriesClassContractData>
                <merger>
                    <acquiringCik>0000870355</acquiringCik>
                    <acquiringEntityName>QUAKER INVESTMENT TRUST</acquiringEntityName>
                    <acquiringSeriesId>S000081361</acquiringSeriesId>
                    <acquiringSeriesName>CCM Affordable Housing MBS ETF</acquiringSeriesName>
                    <acquiringClassContractId>C000244087</acquiringClassContractId>
                    <acquiringClassContractName>CCM Affordable Housing MBS ETF</acquiringClassContractName>
                    <targetCik>0001722388</targetCik>
                    <targetEntityName>Impact Shares Trust I</targetEntityName>
                    <targetSeriesId>S000071211</targetSeriesId>
                    <targetSeriesName>Impact Shares Affordable Housing MBS ETF</targetSeriesName>
                    <targetClassContractId>C000226008</targetClassContractId>
                    <targetClassContractName>Impact Shares Affordable Housing MBS ETF</targetClassContractName>
                </merger>
            </seriesClassContractData>
        </filer>
    </effectiveData>
</edgarSubmission>
