# EDGAR Filing Document

**Accession Number:** 0000916622
**File Stem:** 0001104659-25-121878
**Filing Date:** 2025-12
**Character Count:** 2601
**Document Hash:** ae4658d5067c8ec9418d2efcf57fd53a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-121878.hdr.sgml**: 20251217

**ACCESSION NUMBER**: 0001104659-25-121878

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20251217

**DATE AS OF CHANGE**: 20251217

**EFFECTIVENESS DATE**: 20251217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIFF INVESTMENT PROGRAM
- **CENTRAL INDEX KEY:** 0000916622

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-73408
- **FILM NUMBER:** 251577567

**BUSINESS ADDRESS:**
- **STREET 1:** 170 N. RADNOR CHESTER ROAD
- **STREET 2:** SUITE 300
- **CITY:** RADNOR
- **STATE:** PA
- **ZIP:** 19087
- **BUSINESS PHONE:** 610-684-8000

**MAIL ADDRESS:**
- **STREET 1:** 170 N. RADNOR CHESTER ROAD
- **STREET 2:** SUITE 300
- **CITY:** RADNOR
- **STATE:** PA
- **ZIP:** 19087

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TIFF INVESTMENT PROGRAM INC
- **DATE OF NAME CHANGE:** 19931228

## Series and Classes Contracts Data

### TIFF Multi-Asset Fund (Series ID: S000006387)

---

|  |  |
|:---|:---|
| Class Name            | Class ID   |
| TIFF Multi-Asset Fund | C000017543 |

---

## Series and Classes Contracts Data

### TIFF Multi-Asset Fund (Series ID: S000006387)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000017543 | TIFF Multi-Asset Fund |  |

?xml version='1.0' encoding='ASCII'?

**TIFF INVESTMENT PROGRAM TIFF MULTI-ASSET FUND ("MAF")**

**Supplement Dated December 17, 2025 to the Prospectus Dated April 30, 2025, as Supplemented October 1, 2025, the Statement of Additional Information Dated April 30, 2025, and** 

**the Summary Prospectus Dated April 30, 2025**

*This supplement provides new and additional information to the MAF prospectus, the MAF Statement of Additional Information and the MAF summary prospectus referenced above, and replaces in its entirety the prior supplement dated April 30, 2025.*

As part of TIFF Advisory Services, LLC's ("TAS's") ongoing commitment to the non-profit sector, TAS will continue to voluntarily waive 10% of its management fees for MAF, as commenced on November 1, 2023, and continuing through December 31, 2026. While TAS's current intention is to continue to waive a portion of its management fees for MAF after December 31, 2026, the amount and timing of any such ongoing fee waivers has not yet been determined and such fee waivers, if provided, may not be material.

*Please keep this supplement for future reference.*