N-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number:	811-02927
Exact name of registrant as specified in charter:	Dryden Tax Free Money Fund
Address of principal executive offices:	Gateway Center 3,
	100 Mulberry Street,
	Newark, New Jersey 07102
Name and address of agent for service:	Jonathan D. Shain
	Gateway Center 3,
	100 Mulberry Street,
	Newark, New Jersey 07102
Registrant’s telephone number, including area code:	973-802-6469
Date of fiscal year end:	12/31/2005
Date of reporting period:	3/31/2005

Item 1. Schedule of Investments [INSERT REPORT]

DrydenTax-Free Money Fund

Schedule of Investments as of March 31, 2005 (Unaudited)

Description (a)	Moody’s Rating	Interest Rate		Maturity Date	Principal Amount (000)		Value
SHORT-TERM INVESTMENTS 100.9%
California 8.0%
Calif. St., Mun. Secs. Trust Rcpts., SGA 135, G.O., A.M.B.A.C., T.C.R.S., F.R.D.D.	A-1+(c)	2.30	%	4/01/05	$	1,700	$	1,700,000
California Statewide Cmntys. Dev. Auth. Rev., Ind. Dev. Dix Metals Proj., Ser. B, A.M.T, F.R.W.D.	NR	2.55		4/06/05		500		500,000
Metropolitan Wtr. Dist. Southern Calif. Wtrwks. Rev. Adj.-Ser. B, F.R.W.D.	VMIG1	2.23		4/07/05		1,200		1,200,000
Mun. Secs. Trust Cert., Rev., Ser. 2001-135, Class A Cert., F.G.I.C., G.O., F.R.D.D.	A-1(c)	2.30		4/01/05		400		400,000
								3,800,000
Florida 5.0%
Orange Cnty. Hlth. Facs. Auth. Rev., Ser. 171, F.S.A., F.R.W.D.	A-1(c)	2.38		4/07/05		2,350		2,350,000
Georgia 12.4%
Fulton Cnty. Res. Care Facs., Lenbrook Square Foundation, F.R.D.D.	A-1(c)	2.34		4/01/05		4,350		4,350,000
Stephens Cnty. Dev. Auth. Solid Wste. Disp. Facs. Rev., Caterpillar Inc. Proj., Ser. 2000, A.M.T., F.R.W.D.	P-1	2.48		4/07/05		1,520		1,520,000
								5,870,000
Illinois 10.2%
Chicago Hsg. Auth. Cap. Prog. Rev., Ser. 576, F.R.W.D.	A-1(c)	2.38		4/07/05		2,735		2,735,000
Illinois Dev. Fin. Auth. Rev., Aurora Cent. Catholic High Sch., F.R.W.D.	A-1(c)	2.55		4/06/05		1,000		1,000,000
Illinois Hlth. Facs. Auth. Rev., Mem. Hlth. Sys., F.R.D.D.	VMIG1	2.34		4/01/05		800		800,000
Quad Cities Reg. Econ. Dev. Auth. Rev., Two Rivers YMCA Proj., F.R.D.D.	A-1+(c)	2.34		4/01/05		300		300,000
								4,835,000
Indiana 2.0%
South Bend Econ. Dev. Rev., Dynamic REHC Proj., Ser. 1999, A.M.T., F.R.W.D.	NR	2.45		4/06/05		925		925,000
Kansas 2.8%
Kansas St Dev Fin Auth Rev Hays Med. Ctr., Ser. N, F.R.D.D.	VMIG1	2.34		4/01/05		1,310		1,310,000
Maine 7.2%
York Rev., Stonewall Realty LLC Proj., Ser. 1999, A.M.T., F.R.W.D.	VMIG1	2.80		4/07/05		3,395		3,395,000
Maryland 3.3%
Bank of New York Mun. Cert. Trust Rev., Prince George, Ser. 2, F.R.W.D.	VMIG1	2.50		4/07/05		1,580		1,579,500
Minnesota 4.9%
Minneapolis Rev., People Serving People Proj., Ser. A, F.R.D.D.	A-1+(c)	2.34		4/01/05		230		230,000
Owatonna Hsg. Rev., Second Century Proj., Ser. A, F.R.W.D.	MIG1	2.48		4/07/05		1,500		1,500,000

DrydenTax-Free Money Fund

Schedule of Investments as of March 31, 2005 (Unaudited) Cont’d.

Description (a)	Moody’s Rating	Interest Rate	Maturity Date	Principal Amount (000)	Value
St. Paul Hsg. & Redev. Auth. Rev., Minn. Pub. Radio Proj., F.R.D.D.	VMIG1	2.34	4/01/05	600	600,000
					2,330,000
Missouri 10.1%
Missouri St. Hlth. & Edl. Facs. Auth. Edl. Facs. Rev.,
Bethesda Hlth. Group., Ser. A, F.R.D.D.	VMIG1	2.34	4/01/05	1,150	1,150,000
St. Louis Univ., F.R.D.D.	VMIG1	2.34	4/01/05	2,680	2,680,000
St. Louis Univ., F.R.D.D., Ser. B.	VMIG1	2.34	4/01/05	940	940,000
					4,770,000
Montana 2.3%
Butte Silver Bow Mont. Poll. Ctrl. Rev., Rhone-Poulenc Inc. Proj., Ser. 1992, F.R.W.D.	NR	2.37	4/06/05	1,100	1,100,000
Nebraska 0.5%
Lancaster Cnty. Hosp. Auth. Hlth. Facs. Rev. Var. Immanuel Hlth. Sys., Ser. A, F.R.D.D.	A-1(c)	2.31	4/01/05	250	250,000
Nevada 1.3%
Truckee Meadows Wtr. Auth. Wtr. Rev., Mun. Secs. Trust Rcpts., Ser. SGA137, F.S.A., F.R.D.D.	A-1+(c)	2.30	4/01/05	600	600,000
New Jersey 1.5%
Mun. Secs. Trust Cert., Rev., Ser. 2001-174, Class A Cert., G.O., F.R.D.D.	A-1(c)	2.30	4/01/05	700	700,000
New York 13.9%
Mun. Secs. Trust Cert. Rev., Ser. 2000-109, Class A Cert., F.R.D.D.	VMIG1	2.30	4/01/05	2,200	2,200,000
New York City Transitional Fin. Auth. NYC Recov., Ser. 3, Subser. 3B, F.R.D.D.	VMIG1	2.25	4/01/05	1,300	1,300,000
New York City Trust Cult. Res. Rev., Mun. Secs. Trust Rcpts., Ser. SGA-91, A.M.B.A.C., F.R.D.D.	A-1+(c)	2.30	4/01/05	2,300	2,300,000
Ramapo Hsg. Auth. Rev., Fountainview College Rd., F.R.W.D.	VMIG1	2.38	4/07/05	750	750,000
					6,550,000
Ohio 3.0%
East Lake Ind. Dev. Rev., Astro Model Dev. Corp. Prog., Ser. 1996, A.M.T., F.R.W.D.	NR	2.45	4/07/05	1,410	1,410,000
Pennsylvania 2.5%
Mun. Secs. Trust Cert., Rev., Ser. 2000-110, Class A Cert., G.O., F.R.D.D.	A-1(c)	2.27	4/01/05	1,200	1,200,000
Rhode Island 2.1%
Rhode Island Hlth. & Edl. Bldg. Corp. Edl. Instn. Rev. Var. St. Andrews Sch., F.R.D.D.	A-1+(c)	2.30	4/01/05	1,000	1,000,000
South Carolina 1.1%
Florence Cnty. Solid Wste. Disp. & Wastewater Treatment
Var. Roche Carolina Inc., Ser. 97, A.M.T., F.R.D.D.	A-1+(c)	2.37	4/01/05	250	250,000

DrydenTax-Free Money Fund

Schedule of Investments as of March 31, 2005 (Unaudited) Cont’d.

Description (a)	Moody’s Rating	Interest Rate	Maturity Date	Principal Amount (000)	Value
Var. Roche Carolina Inc., Ser. 98, A.M.T., F.R.D.D.	A-1+(c)	2.37	4/01/05	250		250,000
						500,000
Tennessee 3.2%
Clarksville Pub. Bldg. Auth. Rev. Adj.-Pooled Fin., Mun. Bond Fd., F.R.D.D.	VMIG1	2.30	4/01/05	1,500		1,500,000
Montgomery Cnty. Pub. Bldg. Auth. Pooled Fin. Rev. Adj. Tennessee Cnty. Ln. Pool, F.R.D.D.	VMIG1	2.30	4/01/05	15		15,000
						1,515,000
Washington 0.8%
Clark Cnty. Pub. Util. Dist. No. 001 Generating Sys. Rev., Mun. Secs. Trust Rcpts., Ser. SGA-118, F.R.D.D.	A-1+(c)	2.30	4/01/05	400		400,000
Wisconsin 2.8%
Whitewater Ind. Dev. Rev., Trek Bicycle Corp. Proj., Ser. 1995, A.M.T., F.R.W.D.	NR	2.54	4/07/05	1,310		1,310,000
Total Investments 100.9% (cost $ 47,699,500)(d)						47,699,500
Liabilities in excess of other assets (0.9)%						(436,928	)
Net Assets 100%					$	47,262,572

(a) The following abbreviations are used in the portfolio descriptions:

A.M.B.A.C. – American Municipal Bond Assurance Corporation.

A.M.T. – Alternative Minimum Tax.

F.G.I.C. – Financial Guaranty Insurance Company.

F.R.D.D. – Floating Rate (Daily) Demand Note(b).

F.R.W.D. – Floating Rate (Weekly) Demand Note(b).

F.S.A. – Financial Security Assurance.

G.O. – General Obligation.

T.C.R.S. – Transferable Custodial Receipts.

(b) For purposes of amortized cost valuation, the maturity date of these instruments is considered to be the later of the next date on which the security can be redeemed at par or the next date on which the rate of interest is adjusted.

(c) Standard & Poor’s Rating.

(d) The cost basis for federal income tax purposes is substantially the same as that used for financial statement purposes.

NR– Not Rated by Moody’s or Standard & Poor’s.

The Fund’s current Prospectus contains a description of Moody’s and Standard & Poor’s ratings.

Notes to Schedule of Investments (Unaudited)

Securities Valuation: Portfolio securities are valued at amortized cost, which approximates market value. The amortized cost method involves valuing a security at its cost on the date of purchase and thereafter assuming a constant amortization to maturity of the difference between the principal amount due at maturity and cost. If the amortized cost method is determined not to represent fair value, the fair value shall be determined by or under the direction of the Board of Directors.

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no significant changes in the registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 3. Exhibits

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 – Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Dryden Tax Free Money Fund
By (Signature and Title)*	/s/    JONATHAN D. SHAIN
	Jonathan D. Shain Secretary of the Fund

Date     May 26, 2005

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*	/s/    JUDY A. RICE
	Judy A. Rice President and Principal Executive Officer

Date     May 26, 2005

By (Signature and Title)*	/s/    GRACE C. TORRES
	Grace C. Torres Treasurer and Principal Financial Officer

Date     May 26, 2005

* Print the name and title of each signing officer under his or her signature.

EX-99.CERT

CERTIFICATIONS

I, Judy A. Rice, certify that:

1. I have reviewed this report on Form N-Q of Dryden Tax Free Money Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 26, 2005	/s/    JUDY A. RICE
	Judy A. Rice President and Principal Executive Officer

CERTIFICATIONS

I, Grace C. Torres, certify that:

1. I have reviewed this report on Form N-Q of Dryden Tax Free Money Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 26, 2005	/s/    GRACE C. TORRES
	Grace C. Torres Treasurer and Principal Financial Officer