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Consent of Independent Accountants
We consent to the incorporation by reference in Post-Effective Amendment No. 66
under the Securities Act of 1933, as amended, to the Registration Statement of
Provident Institutional Funds on Form N-1A (File No. 2-47015) of our report
dated December 10, 1999 on our audit of the financial statements and financial
highlights of California Money Fund, New York Money Fund, TempFund, TempCash,
FedFund, T-Fund, Federal Trust Fund, Treasury Trust Fund, MuniFund and MuniCash
(Portfolios of Provident Institutional Funds), which report is included in the
Annual Report to Shareholders for the period ended October 31, 1999 which is
incorporated by reference in the Post-Effective Amendment to the Registration
Statement. We also consent to the incorporation by reference of our report and
the references to our Firm under the heading "Financial Statements" in the
Statement of Additional Information and under "Financial Highlights" in the
Prospectus and consent to the reference to our Firm under the heading "Auditors"
in the Statement of Additional Information.
/s/ PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
May 31, 2000