PROVIDENT INSTITUTIONAL FUNDS
485BPOS, EX-99.J.3, 2000-06-05
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                         INDEPENDENT AUDITOR'S CONSENT
                         -----------------------------


To the Trustees
Provident Institutional Funds:


We consent to the use of our report dated January 8, 1999 incorporated by
reference herein and to the references to our firm under the heading "Financial
Highlights" in the Prospectuses and under the heading "Financial Statements" in
the Statement of Additional Information in the Registration Statement.


                                                  KPMG LLP  /S/


Philadelphia, PA

June 2, 2000


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