Exhibit 99.CERT

CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE INVESTMENT COMPANY ACT OF 1940

I, George C.W. Gatch, certify that:

1. I have reviewed this report on Form N-CSR of the JPMorgan U.S. Small Company
Opportunities Fund (the "Fund"), a series of J.P. Morgan Funds (the
"Registrant");

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 financial statements, and other information
included in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
Fund as of, and for, the periods presented in this report;

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) for the Fund 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 Fund, 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) Evaluated the effectiveness of the Fund'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
     c) Disclosed in this report any change in the Fund's internal control over
        financial reporting that occurred during the Fund's most recent fiscal
        half-year (the Fund's second fiscal half-year in the case of an annual
        report) that has materially affected, or is reasonably likely to
        materially affect, the Fund's internal control over financial reporting;
        and

5. The Fund'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 Fund'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 Fund's internal control
        over financial reporting.


/s/ George C.W. Gatch
----------------------
George C.W. Gatch
President

August 24, 2004
----------------------
Date



CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE INVESTMENT COMPANY ACT OF 1940

I, Stephanie J. Dorsey, certify that:

1. I have reviewed this report on Form N-CSR of the JPMorgan U.S. Small Company
Opportunities Fund (the "Fund"), a series of J.P. Morgan Funds (the
"Registrant");

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 financial statements, and other information
included in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
Fund as of, and for, the periods presented in this report;

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) for the Fund 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 Fund, 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) Evaluated the effectiveness of the Fund'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
     c) Disclosed in this report any change in the Fund's internal control over
        financial reporting that occurred during the Fund's most recent fiscal
        half-year (the Fund's second fiscal half-year in the case of an annual
        report) that has materially affected, or is reasonably likely to
        materially affect, the Fund's internal control over financial reporting;
        and

5. The Fund'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 Fund'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 Fund's internal control
        over financial reporting.


/s/ Stephanie J. Dorsey
------------------------
Stephanie J. Dorsey
Treasurer

August 24, 2004
------------------------
Date