FUND FOR GOVERNMENT INVESTORS INC
497, 1995-12-08
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                                                             December 8, 1995


VIA EDGAR TRANSMISSION

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Re:  Fund for Government Investors, Inc.
    File Nos. 2-52552 and 811-2539

Dear Sir or Madam:

Pursuant to Rule 497(e) under the Securities Act of 1933, as amended, enclosed
for filing on behalf of the Fund for Government Investors, Inc. (the "Fund")
please find a copy of the Prospectus Supplement, dated December 8, 1995, which
Prospectus Supplement will be affixed to the cover page of the Prospectus for
the Fund, that are distributed to shareholders of, or potential investors in,
the Fund.

If you should have any questions regarding the foregoing, please contact the
undersigned at (301) 951-6955.

                                                    Very truly yours,


                                                    Stephenie E. Adams

Enclosure:
   As Stated

cc:  James Bernstein, Esq.











FUND FOR GOVERNMENT INVESTORS, INC.

Supplement dated December 8, 1995 to Prospectus dated March 30, 1995

The shares offered by this Prospectus are not deposits or obligations of any
bank, are not endorsed or guaranteed by any bank, and are not insured by the
Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other
governmental agency.

Rushmore Trust and Savings, FSB (the "Trust"), which provides transfer agency,
dividend-disbursing, and custodian services to the Fund, is a majority owned
subsidiary of Money Management Associates, the adviser to the Fund.

For additional information concerning the Trust, please refer to page 9 of the
Prospectus.













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