TIFF INVESTMENT PROGRAM, INC.
SUPPLEMENT DATED JUNE 6, 2000
to the Prospectus dated April 28, 2000
THE PROSPECTUS IS CHANGED AS FOLLOWS:
The paragraph entitled "Asset Size" under the heading "Eligible Investors" on
page 14 is deleted and replaced with the following:
ASSET SIZE. The TIFF mutual funds are available only to organizations
meeting the eligibility criteria set forth below. Because of the nature of
certain investments made by the Multi-Asset and Emerging Markets Funds,
shares of these funds are available only to organizations that invest at
least $750,000 in TIP or whose endowment assets exceed $1.5 million.
Organizations wishing to confirm their eligibility should contact FAI.