Learn more about TIFF by visiting Tiff.org.

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TIFF is a nonprofit organization: Its long-term goals are aligned with those of its investors

  • TIFF is structured for long-term sustainability of purpose and success.
  • TIFF is not distracted by common commercial profitability goals. 
  • TIFF serves hundreds of nonprofits across the country.
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TIFF's key investment edge: Long-term partnerships with managers it believes are best-in-class

  • TIFF's unique mission and distinguished client roster attracts superior managers.
  • Reputation earned over 25+ years of evaluating and monitoring managers.
  • Team structure modeled on major endowment and foundation offices. 
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TIFF's board members: Industry experts fully engaged with TIFF

  • Independent board of experienced investors.
  • Most board members manage major endowments and volunteer time to TIFF.
  • Committed to TIFF's mission of service. 

TIFF MAF investment philosophy

Vanguard Charitable invests donated assets with disciplined, clear objectives, and a long-term outlook. Low-cost index-based mutual funds make up the majority of our investment option holdings. The benefits of a long-term, low-cost, diversified investment philosophy has been proven over many years. 
We offer the TIFF Multi-Asset Fund to give you a globally diversified portfolio of equities, fixed income instruments, REITs, commodities, and other securities to expand its investments and facilitate your long-term philanthropic planning.


  • Long Term

TIFF is an intergenerational investment for donors with long-term strategies.  

  • Diversified

TIFF offers a globally diversified portfolio of equities, fixed incomes instruments, REITs, commodities, securities and select hedge funds. 

Is TIFF Multi-Asset Fund right for you?

While the TIFF Multi-Asset Fund is an intriguing mix of globally diversified equities, fixed income instruments, REITs, commodities and other securities, it's not for everyone. If you maintain a high account balance and wish to pursue long-term giving strategies, similar to an endowment, this could be a solid choice for your philanthropic goals.

Equity-oriented assets
Diversifying strategies
Fixed income (Including cash)
Eligibility Requirements$100,000 or more currently maintained in another fund 1
Initial Investment$50,000
Additional Exchanges$10,000 or more
Entry and Exit Fee0.35% of the transaction amount2
  1. Eligibility is subject to Vanguard Charitable's approval and is based on account balance, activity, and patterns. Accounts with balances less than $1 million will be evaluated. A maximum of 90% of your account's total balance may be invested in the Multi-Asset Pool.
  2. For the period of 10/1/2020 through 12/31/2021, TIFF will waive the 0.35% entry fee on all new investments. Exit fees still apply.

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Accounts having a balance below $15,000 may be subject to an annual maintenance fee of $250.


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