<SEC-DOCUMENT>0000791049-14-000023-index.html : 20140724
<SEC-HEADER>0000791049-14-000023.hdr.sgml : 20140724
<ACCEPTANCE-DATETIME>20140724165423
ACCESSION NUMBER:		0000791049-14-000023
CONFORMED SUBMISSION TYPE:	485BPOS
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20140724
DATE AS OF CHANGE:		20140724
EFFECTIVENESS DATE:		20140725

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CASCADES TRUST
		CENTRAL INDEX KEY:			0000791049
		IRS NUMBER:				136868231
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		485BPOS
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-04382
		FILM NUMBER:		14991824

	BUSINESS ADDRESS:	
		STREET 1:		120 WEST 45TH STREET
		STREET 2:		SUITE 3600
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		2126976666

	MAIL ADDRESS:	
		STREET 1:		120 WEST 45TH STREET
		STREET 2:		SUITE 3600
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TAX FREE TRUST OF OREGON
		DATE OF NAME CHANGE:	19890810

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CASCADES TRUST
		CENTRAL INDEX KEY:			0000791049
		IRS NUMBER:				136868231
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		485BPOS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04626
		FILM NUMBER:		14991825

	BUSINESS ADDRESS:	
		STREET 1:		120 WEST 45TH STREET
		STREET 2:		SUITE 3600
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		2126976666

	MAIL ADDRESS:	
		STREET 1:		120 WEST 45TH STREET
		STREET 2:		SUITE 3600
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TAX FREE TRUST OF OREGON
		DATE OF NAME CHANGE:	19890810
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000791049
<SERIES-ID>S000006648
<SERIES-NAME>AQUILA TAX-FREE TRUST OF OREGON
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000018137
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>ORTFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000018138
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>ORTCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000018139
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>ORTIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000018140
<CLASS-CONTRACT-NAME>Class Y
<CLASS-CONTRACT-TICKER-SYMBOL>ORTYX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>485BPOS
<SEQUENCE>1
<FILENAME>orb14.htm
<DESCRIPTION>N-1A PARTS A, B AND C
<TEXT>
Document 1 - file: orb14.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2G ADVSR CONTR
<SEQUENCE>2
<FILENAME>orb14feewaiver.htm
<DESCRIPTION>INVESTMENT ADVISORY FEE WAIVER AGREEMENT
<TEXT>
Document 2 - file: orb14feewaiver.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>3
<FILENAME>orb14audcon.htm
<DESCRIPTION>CONSENT OF INDEP. REG. PUBLIC ACCOUNTING FIRM
<TEXT>
Document 3 - file: orb14audcon.htm

</DOCUMENT>
</SEC-DOCUMENT>