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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001473755-09-000001.txt : 20091007
<SEC-HEADER>0001473755-09-000001.hdr.sgml : 20091007
<ACCEPTANCE-DATETIME>20091007163550
ACCESSION NUMBER:		0001473755-09-000001
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20091007
DATE AS OF CHANGE:		20091007
EFFECTIVENESS DATE:		20091007

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TIFF Secondary Partners III, LLC
		CENTRAL INDEX KEY:			0001473755
		IRS NUMBER:				270752611
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-135051
		FILM NUMBER:		091110379

	BUSINESS ADDRESS:	
		STREET 1:		FOUR TOWER BRIDGE
		STREET 2:		200 BARR HARBOR DRIVE, SUITE 100
		CITY:			WEST CONSHOHOCKEN
		STATE:			PA
		ZIP:			19428
		BUSINESS PHONE:		610-684-8200

	MAIL ADDRESS:	
		STREET 1:		FOUR TOWER BRIDGE
		STREET 2:		200 BARR HARBOR DRIVE, SUITE 100
		CITY:			WEST CONSHOHOCKEN
		STATE:			PA
		ZIP:			19428
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
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    <primaryIssuer>
        <cik>0001473755</cik>
        <entityName>TIFF Secondary Partners III, LLC</entityName>
        <issuerAddress>
            <street1>FOUR TOWER BRIDGE</street1>
            <street2>200 BARR HARBOR DRIVE, SUITE 100</street2>
            <city>WEST CONSHOHOCKEN</city>
            <stateOrCountry>PA</stateOrCountry>
            <zipCode>19428</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>610-684-8200</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
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        <edgarPreviousNameList>
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        <entityType>Limited Liability Company</entityType>
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            <value>2009</value>
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    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>n/a</firstName>
                <lastName>TIFF Advisory Services, Inc.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Manager of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Richard</firstName>
                <lastName>Flannery</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Salem</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
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            <relatedPersonRelationshipList>
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                <relationship>Director</relationship>
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            <relatedPersonName>
                <firstName>Richelle</firstName>
                <lastName>Maestro</lastName>
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                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
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                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
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            <relatedPersonRelationshipList>
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            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kelly</firstName>
                <lastName>Lundstrom</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Christian</firstName>
                <lastName>Szautner</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <lastName>Shields</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
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            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Seth</firstName>
                <lastName>Alexander</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Christopher</firstName>
                <lastName>Brightman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <lastName>Kritzman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ellen</firstName>
                <lastName>Shuman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Collette</firstName>
                <lastName>Chilton</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Erik</firstName>
                <lastName>Lundberg</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Four Tower Bridge</street1>
                <street2>200 Barr Harbor Drive, Suite 100</street2>
                <city>West Conshohocken</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>19428</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Private Equity Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-09-28</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Limited Liability Company membership interests</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>500000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>12300000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>8</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
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                <dollarAmount>0</dollarAmount>
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            <clarificationOfResponse></clarificationOfResponse>
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        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>TIFF Secondary Partners III, LLC</issuerName>
                <signatureName>/s/ Herbert Bohnet</signatureName>
                <nameOfSigner>Herbert Bohnet</nameOfSigner>
                <signatureTitle>Authorized Signatory</signatureTitle>
                <signatureDate>2009-10-06</signatureDate>
            </signature>
        </signatureBlock>
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-----END PRIVACY-ENHANCED MESSAGE-----