0000910472-11-002543.txt : 20111206
0000910472-11-002543.hdr.sgml : 20111206
20111206172934
ACCESSION NUMBER: 0000910472-11-002543
CONFORMED SUBMISSION TYPE: NSAR-B
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111206
DATE AS OF CHANGE: 20111206
EFFECTIVENESS DATE: 20111206
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: TIMOTHY PLAN
CENTRAL INDEX KEY: 0000916490
IRS NUMBER: 597016828
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: NSAR-B
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-08228
FILM NUMBER: 111246548
BUSINESS ADDRESS:
STREET 1: 1055 MAITLAND CENTER COMMONS
CITY: MAITLAND
STATE: FL
ZIP: 32759
BUSINESS PHONE: 4076441986
MAIL ADDRESS:
STREET 1: 1055 MAITLAND CENTER COMMONS
CITY: MAITLAND
STATE: FL
ZIP: 32759
0000916490
S000004479
Timothy Small-Cap Value Fund
C000012330
Timothy Small-Cap Value Fund Class A
TPLNX
C000012331
Timothy Small-Cap Value Fund Class B
TIMBX
C000012332
Timothy Small-Cap Value Fund Class C
TSVCX
0000916490
S000004480
Timothy Large/Mid-Cap Value Fund
C000012333
Timothy Large/Mid-Cap Value Fund Class A
TLVAX
C000012334
Timothy Large/Mid-Cap Value Fund Class B
TLVBX
C000012335
Timothy Large/Mid-Cap Value Fund Class C
TLVCX
0000916490
S000004481
Timothy Fixed Income Fund
C000012336
Timothy Fixed Income Fund Class A
TFIAX
C000012337
Timothy Fixed Income Fund Class B
TFIBX
C000012338
Timothy Fixed Income Fund Class C
TFICX
0000916490
S000004482
Timothy Aggressive Growth Fund
C000012339
Timothy Aggressive Growth Fund Class A
TAAGX
C000012340
Timothy Aggressive Growth Fund Class B
TBAGX
C000012341
Timothy Aggressive Growth Fund Class C
TCAGX
0000916490
S000004483
Timothy Large/Mip-Cap Growth Fund
C000012342
Timothy Large/Mip-Cap Growth Fund Class A
TLGAX
C000012343
Timothy Large/Mip-Cap Growth Fund Class B
TLGBX
C000012344
Timothy Large/Mip-Cap Growth Fund Class C
TLGCX
0000916490
S000004484
Timothy Strategic Growth Fund
C000012345
Timothy Strategic Growth Fund Class A
TSGAX
C000012346
Timothy Strategic Growth Fund Class B
TSGBX
C000012347
Timothy Strategic Growth Fund Class C
TSGCX
0000916490
S000004485
Timothy Conservative Growth Fund
C000012348
Timothy Conservative Growth Fund Class A
TCGAX
C000012349
Timothy Conservative Growth Fund Class B
TCGBX
C000012350
Timothy Conservative Growth Fund Class C
TCVCX
0000916490
S000004486
Timothy Money Market Fund
C000012351
Timothy Money Market Fund
TMAXX
0000916490
S000017790
Timothy Plan International Fund
C000049121
Timothy Plan International Fund Class A
TPIAX
C000065170
TIMOTHY PLAN INTERNATIONAL FUND CLASS C
TPICX
0000916490
S000017791
Timothy Plan High Yield Bond Fund
C000049122
Timothy Plan High Yield Bond Fund Class A
TPHAX
C000065171
TIMOTHY PLAN HIGH YIELD Bond FUND CLASS C
TPHCX
0000916490
S000026812
Timothy Plan Defensive Strategies Fund
C000080683
Class A
TPDAX
C000080684
Class C
TPDCX
NSAR-B
1
ANSWER.FIL
TIMOTHY PLAN NSAR-B FILING 9/30/11
PAGE 1
000 B000000 09/30/2011
000 C000000 0000916490
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 TIMOTHY PLAN FUNDS
001 B000000 811-08228
001 C000000 8008467526
002 A000000 1055 MAITLAND CENTER COMMONS
002 B000000 MAITLAND
002 C000000 FL
002 D010000 32751
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 13
007 C010100 1
007 C020100 TIMOTHY PLAN SMALL CAP VALUE FUND
007 C030100 N
007 C010200 2
007 C020200 TIMOTHY PLAN LARGE/MID CAP VALUE FUND
007 C030200 N
007 C010300 3
007 C020300 TIMOTHY PLAN FIXED INCOME FUND
007 C030300 N
007 C010400 4
007 C020400 TIMOTHY PLAN MONEY MARKET FUND
007 C030400 N
007 C010500 5
007 C020500 TIMOTHY PLAN AGGRESSIVE GROWTH FUND
007 C030500 N
007 C010600 6
007 C020600 TIMOTHY PLAN LARGE/MID-CAP GROWTH FUND
007 C030600 N
007 C010700 7
007 C020700 TIMOTHY PLAN CONSERVATIVE GROWTH FUND
007 C030700 N
007 C010800 8
007 C020800 TIMOTHY PLAN STRATEGIC GROWTH FUND
007 C030800 N
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
PAGE 2
007 C021300 TIMOTHY HIGH YIELD BOND FUND
007 C031300 N
007 C011400 14
007 C021400 TIMOTHY INTERNATIONAL FUND
007 C031400 N
007 C011500 15
007 C021500 TIMOTHY DEFENSIVE STRATEGIES FUND
007 C031500 N
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
PAGE 3
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
007 C018100 81
007 C018200 82
007 C018300 83
007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
010 A00AA01 GEMINI FUND SERVICES
010 C01AA01 HAUPPAUGE
010 C02AA01 NY
010 C03AA01 11788
011 A00AA01 TIMOTHY PARTNERS, LTD
011 B00AA01 8-49589
011 C01AA01 MAITLAND
011 C02AA01 FL
011 C03AA01 32751
012 A00AA01 GEMINI FUND SERVICES. LLC
012 B00AA01 84-1964
012 C01AA01 OMAHA
012 C02AA01 NE
012 C03AA01 68137
013 A00AA01 COHEN FUND AUDIT SERVICES, LTD.
013 B01AA01 WESTLAKE
013 B02AA01 OH
013 B03AA01 44145
015 A00AA01 U.S. BANK, N.A.
PAGE 4
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45202
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 INSTINET
020 C000001 127
020 A000002 UBS SECURITIES
020 C000002 81
020 A000003 BANK OF NEW YORK
020 C000003 65
020 A000004 MERRILL LYNCH & CO
020 C000004 29
020 A000005 GREEN STREET
020 C000005 24
020 A000006 GOLDMAN SACHS
020 C000006 17
020 A000007 NATIONAL FINANCIAL SERVICES CORP.
020 C000007 14
020 A000008 BARCLAYS CAPITAL
020 C000008 14
020 A000009 KNIGHT SECURITIES
020 C000009 13
020 A000010 BTIG
020 C000010 9
021 000000 393
022 A000001 US BANK
022 C000001 125049
022 D000001 134272
022 A000002 UBS
022 C000002 19876
022 D000002 21486
022 A000003 INSTINET
022 C000003 12572
022 D000003 19657
022 A000004 MORGAN STANLEY
022 C000004 12311
022 D000004 2492
022 A000005 BTIG
022 C000005 9560
022 D000005 4176
022 A000006 GOLDMAN SACHS
022 C000006 6677
022 D000006 5410
022 A000007 BANK OF NEW YORK
022 C000007 7998
022 D000007 3645
022 A000008 JP MORGAN
PAGE 5
022 C000008 9521
022 D000008 1524
022 A000009 MERRILL LYNCH
022 C000009 5721
022 D000009 3056
022 A000010 LIQUIDNET
022 C000010 2637
022 D000010 4040
023 C000000 211922
023 D000000 199758
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
077 A000000 Y
077 B000000 Y
078 000000 N
080 A00AA00 HARTFORD FIRE INSURANCE CO.
080 C00AA00 1000
081 A00AA00 N
081 B00AA00 0
PAGE 6
082 A00AA00 Y
082 B00AA00 10
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
008 A000101 TIMOTHY PARTNERS LTD.
008 B000101 A
008 C000101 801-45766
008 D010101 MAITLAND
008 D020101 FL
008 D030101 32751
008 A000102 WESTWOOD MANAGEMENT CORP.
008 B000102 S
008 C000102 801-18727
008 D010102 DALLAS
008 D020102 TX
008 D030102 75201
028 A010100 0
028 A020100 0
028 A030100 0
028 A040100 0
028 B010100 0
028 B020100 0
028 B030100 0
028 B040100 0
028 C010100 0
028 C020100 0
028 C030100 0
028 C040100 0
028 D010100 3558
028 D020100 0
028 D030100 0
028 D040100 5708
028 E010100 1041
028 E020100 0
028 E030100 0
028 E040100 1061
028 F010100 1110
028 F020100 0
028 F030100 0
028 F040100 675
028 G010100 5709
PAGE 7
028 G020100 0
028 G030100 0
028 G040100 7444
028 H000100 5441
029 000100 Y
030 A000100 79
030 B000100 5.50
030 C000100 0.00
031 A000100 9
031 B000100 0
032 000100 70
033 000100 0
034 000100 Y
035 000100 1
036 A000100 N
036 B000100 0
037 000100 N
038 000100 0
039 000100 Y
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 75
042 E000100 0
042 F000100 0
042 G000100 25
042 H000100 0
043 000100 177
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.850
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
PAGE 8
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
055 A000100 N
055 B000100 N
056 000100 N
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 1000
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
PAGE 9
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 52728
071 B000100 54952
071 C000100 51591
071 D000100 102
072 A000100 12
072 B000100 2
072 C000100 619
072 D000100 0
072 E000100 0
072 F000100 452
072 G000100 14
072 H000100 0
072 I000100 45
072 J000100 17
072 K000100 0
PAGE 10
072 L000100 10
072 M000100 8
072 N000100 18
072 O000100 0
072 P000100 0
072 Q000100 87
072 R000100 12
072 S000100 0
072 T000100 177
072 U000100 0
072 V000100 0
072 W000100 17
072 X000100 857
072 Y000100 0
072 Z000100 -236
072AA000100 10577
072BB000100 0
072CC010100 0
072CC020100 11648
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 36512
074 G000100 0
074 H000100 0
074 I000100 6393
074 J000100 141
074 K000100 0
074 L000100 77
074 M000100 19
074 N000100 43143
074 O000100 104
074 P000100 44
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 41
074 S000100 0
074 T000100 42954
074 U010100 3617
074 U020100 408
PAGE 11
074 V010100 10.82
074 V020100 9.35
074 W000100 0.0000
074 X000100 5934
074 Y000100 0
075 A000100 0
075 B000100 52060
076 000100 0.00
083 A000100 N
083 B000100 0
084 A000100 N
084 B000100 0
085 A000100 N
085 B000100 N
008 A000201 TIMOTHY PARTNERS LTD.
008 B000201 A
008 C000201 801-45766
008 D010201 MAITLAND
008 D020201 FL
008 D030201 32751
008 A000202 WESTWOOD MANAGEMENT CORP.
008 B000202 S
008 C000202 801-18727
008 D010202 DALLAS
008 D020202 TX
008 D030202 75201
028 A010200 0
028 A020200 0
028 A030200 0
028 A040200 0
028 B010200 0
028 B020200 0
028 B030200 0
028 B040200 0
028 C010200 0
028 C020200 0
028 C030200 0
028 C040200 0
028 D010200 7203
028 D020200 0
028 D030200 0
028 D040200 8260
028 E010200 1945
028 E020200 0
028 E030200 0
028 E040200 2603
028 F010200 751
028 F020200 0
028 F030200 0
028 F040200 3059
028 G010200 9899
PAGE 12
028 G020200 0
028 G030200 0
028 G040200 13922
028 H000200 9218
029 000200 Y
030 A000200 212
030 B000200 5.50
030 C000200 0.00
031 A000200 23
031 B000200 0
032 000200 189
033 000200 0
034 000200 Y
035 000200 2
036 A000200 N
036 B000200 0
037 000200 N
038 000200 0
039 000200 Y
040 000200 Y
041 000200 Y
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 75
042 E000200 0
042 F000200 0
042 G000200 25
042 H000200 0
043 000200 336
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.850
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
PAGE 13
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
055 A000200 N
055 B000200 N
056 000200 N
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 1000
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
PAGE 14
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 19276
071 B000200 24757
071 C000200 93390
071 D000200 21
072 A000200 12
072 B000200 4
072 C000200 1873
072 D000200 0
072 E000200 0
072 F000200 869
072 G000200 27
072 H000200 0
072 I000200 101
072 J000200 19
072 K000200 0
PAGE 15
072 L000200 16
072 M000200 15
072 N000200 21
072 O000200 0
072 P000200 0
072 Q000200 165
072 R000200 22
072 S000200 0
072 T000200 336
072 U000200 0
072 V000200 0
072 W000200 32
072 X000200 1623
072 Y000200 0
072 Z000200 254
072AA000200 6771
072BB000200 0
072CC010200 0
072CC020200 6538
072DD010200 262
072DD020200 14
072EE000200 0
073 A010200 0.0379
073 A020200 0.0181
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 76854
074 G000200 0
074 H000200 0
074 I000200 11397
074 J000200 0
074 K000200 0
074 L000200 198
074 M000200 26
074 N000200 88475
074 O000200 673
074 P000200 89
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 555
074 S000200 0
074 T000200 87158
074 U010200 6613
074 U020200 839
PAGE 16
074 V010200 11.83
074 V020200 10.61
074 W000200 0.0000
074 X000200 7380
074 Y000200 0
075 A000200 0
075 B000200 101749
076 000200 0.00
083 A000200 N
083 B000200 0
084 A000200 N
084 B000200 0
085 A000200 N
085 B000200 N
008 A000301 TIMOTHY PARTNERS LTD.
008 B000301 A
008 C000301 801-45766
008 D010301 MAITLAND
008 D020301 FL
008 D030301 32751
008 A000302 BARROW, HANLEY, MEWHINNEY, & STRAUSS, LLC.
008 B000302 S
008 C000302 801-31237
008 D010302 DALLAS
008 D020302 TX
008 D030302 75201
028 A010300 0
028 A020300 0
028 A030300 0
028 A040300 0
028 B010300 0
028 B020300 0
028 B030300 0
028 B040300 0
028 C010300 0
028 C020300 0
028 C030300 0
028 C040300 0
028 D010300 9150
028 D020300 461
028 D030300 0
028 D040300 5595
028 E010300 2571
028 E020300 0
028 E030300 0
028 E040300 5629
028 F010300 1780
028 F020300 356
028 F030300 0
028 F040300 2852
028 G010300 13501
PAGE 17
028 G020300 817
028 G030300 0
028 G040300 14076
028 H000300 11812
029 000300 Y
030 A000300 174
030 B000300 4.50
030 C000300 0.00
031 A000300 28
031 B000300 0
032 000300 145
033 000300 0
034 000300 Y
035 000300 4
036 A000300 N
036 B000300 0
037 000300 N
038 000300 0
039 000300 Y
040 000300 Y
041 000300 Y
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 75
042 E000300 0
042 F000300 0
042 G000300 25
042 H000300 0
043 000300 229
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.600
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
PAGE 18
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
055 A000300 N
055 B000300 N
056 000300 N
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 1000
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 2.2
062 M000300 0.0
062 N000300 72.4
062 O000300 0.0
062 P000300 23.7
062 Q000300 0.3
062 R000300 0.0
063 A000300 0
063 B000300 14.5
064 A000300 N
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
PAGE 19
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 Y
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 23632
071 B000300 13774
071 C000300 63701
071 D000300 22
072 A000300 12
072 B000300 2586
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 403
072 G000300 19
072 H000300 0
072 I000300 69
072 J000300 16
072 K000300 0
072 L000300 12
072 M000300 10
PAGE 20
072 N000300 21
072 O000300 0
072 P000300 0
072 Q000300 107
072 R000300 18
072 S000300 0
072 T000300 229
072 U000300 0
072 V000300 0
072 W000300 28
072 X000300 932
072 Y000300 101
072 Z000300 1755
072AA000300 344
072BB000300 0
072CC010300 878
072CC020300 0
072DD010300 1648
072DD020300 163
072EE000300 0
073 A010300 0.3100
073 A020300 0.2100
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 0
074 D000300 65218
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 1487
074 J000300 0
074 K000300 0
074 L000300 1055
074 M000300 23
074 N000300 67783
074 O000300 0
074 P000300 44
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 69
074 S000300 0
074 T000300 67670
074 U010300 5539
074 U020300 796
074 V010300 10.72
074 V020300 10.38
PAGE 21
074 W000300 0.0000
074 X000300 3387
074 Y000300 0
075 A000300 0
075 B000300 66975
076 000300 0.00
083 A000300 N
083 B000300 0
084 A000300 N
084 B000300 0
085 A000300 N
085 B000300 N
008 A000401 TIMOTHY PARTNERS, LTD.
008 B000401 A
008 C000401 801-45766
008 D010401 MAITLAND
008 D020401 FL
008 D030401 32751
008 A000402 BARROW, HANLEY, MEWHINNEY, & STRAUSS, LLC.
008 B000402 S
008 C000402 801-31237
008 D010402 DALLAS
008 D020402 TX
008 D030402 75201
028 A010400 0
028 A020400 0
028 A030400 0
028 A040400 0
028 B010400 0
028 B020400 0
028 B030400 0
028 B040400 0
028 C010400 0
028 C020400 0
028 C030400 0
028 C040400 0
028 D010400 3207
028 D020400 0
028 D030400 0
028 D040400 2357
028 E010400 1363
028 E020400 0
028 E030400 0
028 E040400 868
028 F010400 795
028 F020400 0
028 F030400 0
028 F040400 908
028 G010400 5365
028 G020400 0
028 G030400 0
PAGE 22
028 G040400 4133
028 H000400 0
029 000400 N
030 A000400 0
030 B000400 0.00
030 C000400 0.00
031 A000400 0
031 B000400 0
032 000400 0
033 000400 0
034 000400 N
035 000400 0
036 B000400 0
037 000400 N
038 000400 0
039 000400 Y
040 000400 N
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 0
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.600
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
PAGE 23
048 K010400 0
048 K020400 0.000
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 N
055 B000400 N
056 000400 N
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 1000
062 A000400 Y
062 B000400 0.0
062 C000400 90.6
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 9.2
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 33
063 B000400 0.0
064 A000400 N
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
PAGE 24
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 12
072 B000400 11
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 70
072 G000400 4
072 H000400 0
072 I000400 6
072 J000400 12
072 K000400 0
072 L000400 4
072 M000400 2
072 N000400 13
072 O000400 0
072 P000400 0
072 Q000400 20
PAGE 25
072 R000400 4
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 5
072 X000400 140
072 Y000400 134
072 Z000400 6
072AA000400 0
072BB000400 2
072CC010400 0
072CC020400 0
072DD010400 5
072DD020400 0
072EE000400 0
073 A010400 0.0004
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 10916
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 1044
074 J000400 0
074 K000400 4
074 L000400 92
074 M000400 12
074 N000400 12068
074 O000400 0
074 P000400 5
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 19
074 S000400 0
074 T000400 12044
074 U010400 12036
074 U020400 0
074 V010400 1.00
074 V020400 0.00
074 W000400 1.0004
074 X000400 1244
074 Y000400 0
075 A000400 11624
PAGE 26
075 B000400 0
076 000400 0.00
083 A000400 N
083 B000400 0
084 A000400 N
084 B000400 0
085 A000400 N
085 B000400 N
008 A000501 TIMOTHY PARTNERS, LTD.
008 B000501 A
008 C000501 801-45766
008 D010501 MAITLAND
008 D020501 FL
008 D030501 32751
008 A000502 CHARTWELL INVESTMENT PARTNERS
008 B000502 S
008 C000502 801-54124
008 D010502 BERWYN
008 D020502 PA
008 D030502 19312
028 A010500 0
028 A020500 0
028 A030500 0
028 A040500 0
028 B010500 0
028 B020500 0
028 B030500 0
028 B040500 0
028 C010500 0
028 C020500 0
028 C030500 0
028 C040500 0
028 D010500 2451
028 D020500 0
028 D030500 0
028 D040500 4552
028 E010500 760
028 E020500 0
028 E030500 0
028 E040500 849
028 F010500 142
028 F020500 0
028 F030500 0
028 F040500 1841
028 G010500 3353
028 G020500 0
028 G030500 0
028 G040500 7242
028 H000500 3221
029 000500 Y
030 A000500 39
PAGE 27
030 B000500 5.50
030 C000500 0.00
031 A000500 5
031 B000500 0
032 000500 35
033 000500 0
034 000500 Y
035 000500 0
036 A000500 N
036 B000500 0
037 000500 N
038 000500 0
039 000500 Y
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 75
042 E000500 0
042 F000500 0
042 G000500 25
042 H000500 0
043 000500 64
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.850
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
PAGE 28
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 N
055 A000500 N
055 B000500 N
056 000500 N
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 1000
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 Y
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
PAGE 29
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 Y
070 M010500 N
070 M020500 N
070 N010500 N
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 36038
071 B000500 37797
071 C000500 17896
071 D000500 201
072 A000500 12
072 B000500 1
072 C000500 54
072 D000500 0
072 E000500 0
072 F000500 160
072 G000500 6
072 H000500 0
072 I000500 20
072 J000500 32
072 K000500 0
072 L000500 4
072 M000500 3
072 N000500 25
072 O000500 0
072 P000500 0
072 Q000500 30
PAGE 30
072 R000500 4
072 S000500 0
072 T000500 64
072 U000500 0
072 V000500 0
072 W000500 10
072 X000500 358
072 Y000500 0
072 Z000500 -303
072AA000500 4761
072BB000500 0
072CC010500 0
072CC020500 4054
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 12994
074 G000500 0
074 H000500 0
074 I000500 1025
074 J000500 283
074 K000500 0
074 L000500 14
074 M000500 12
074 N000500 14328
074 O000500 267
074 P000500 15
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 20
074 S000500 0
074 T000500 14026
074 U010500 2202
074 U020500 349
074 V010500 5.57
074 V020500 5.06
074 W000500 0.0000
074 X000500 1955
074 Y000500 0
075 A000500 0
PAGE 31
075 B000500 18586
076 000500 0.00
083 A000500 N
083 B000500 0
084 A000500 N
084 B000500 0
085 A000500 N
085 B000500 N
008 A000601 TIMOTHY PARTNERS, LTD.
008 B000601 A
008 C000601 801-45766
008 D010601 MAITLAND
008 D020601 FL
008 D030601 32751
008 A000602 CHARTWELL INVESTMENT PARTNERS
008 B000602 S
008 C000602 801-54124
008 D010602 BERWYN
008 D020602 PA
008 D030602 19312
028 A010600 0
028 A020600 0
028 A030600 0
028 A040600 0
028 B010600 0
028 B020600 0
028 B030600 0
028 B040600 0
028 C010600 0
028 C020600 0
028 C030600 0
028 C040600 0
028 D010600 3538
028 D020600 0
028 D030600 0
028 D040600 3905
028 E010600 1490
028 E020600 0
028 E030600 0
028 E040600 891
028 F010600 35
028 F020600 0
028 F030600 0
028 F040600 3510
028 G010600 5063
028 G020600 0
028 G030600 0
028 G040600 8306
028 H000600 4776
029 000600 Y
030 A000600 71
PAGE 32
030 B000600 5.50
030 C000600 0.00
031 A000600 8
031 B000600 0
032 000600 63
033 000600 0
034 000600 Y
035 000600 1
036 A000600 N
036 B000600 0
037 000600 N
038 000600 0
039 000600 Y
040 000600 Y
041 000600 Y
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 75
042 E000600 0
042 F000600 0
042 G000600 25
042 H000600 0
043 000600 139
044 000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.850
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
PAGE 33
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 N
055 A000600 N
055 B000600 N
056 000600 N
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 1000
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 0.0
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 Y
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
PAGE 34
070 D010600 Y
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 Y
070 L010600 Y
070 L020600 Y
070 M010600 N
070 M020600 N
070 N010600 N
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 63604
071 B000600 71002
071 C000600 42383
071 D000600 150
072 A000600 12
072 B000600 4
072 C000600 434
072 D000600 0
072 E000600 0
072 F000600 389
072 G000600 13
072 H000600 0
072 I000600 57
072 J000600 22
072 K000600 0
072 L000600 8
072 M000600 7
072 N000600 18
072 O000600 0
072 P000600 0
072 Q000600 74
PAGE 35
072 R000600 10
072 S000600 0
072 T000600 139
072 U000600 0
072 V000600 0
072 W000600 20
072 X000600 756
072 Y000600 0
072 Z000600 -318
072AA000600 8918
072BB000600 0
072CC010600 0
072CC020600 7806
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 0
074 B000600 0
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 32996
074 G000600 0
074 H000600 0
074 I000600 4193
074 J000600 228
074 K000600 0
074 L000600 53
074 M000600 20
074 N000600 37490
074 O000600 437
074 P000600 37
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 38
074 S000600 0
074 T000600 36978
074 U010600 5658
074 U020600 490
074 V010600 6.05
074 V020600 5.57
074 W000600 0.0000
074 X000600 3311
074 Y000600 0
075 A000600 0
PAGE 36
075 B000600 45420
076 000600 0.00
083 A000600 N
083 B000600 0
084 A000600 N
084 B000600 0
085 A000600 N
085 B000600 N
008 A000701 TIMOTHY PARTNERS, LTD.
008 B000701 A
008 C000701 801-45766
008 D010701 MAITLAND
008 D020701 FL
008 D030701 32751
028 A010700 0
028 A020700 0
028 A030700 0
028 A040700 0
028 B010700 0
028 B020700 0
028 B030700 0
028 B040700 0
028 C010700 0
028 C020700 0
028 C030700 0
028 C040700 0
028 D010700 5295
028 D020700 0
028 D030700 0
028 D040700 4613
028 E010700 533
028 E020700 0
028 E030700 0
028 E040700 1681
028 F010700 471
028 F020700 0
028 F030700 0
028 F040700 102
028 G010700 6299
028 G020700 0
028 G030700 0
028 G040700 6396
028 H000700 5461
029 000700 Y
030 A000700 218
030 B000700 5.50
030 C000700 0.00
031 A000700 25
031 B000700 0
032 000700 193
033 000700 0
PAGE 37
034 000700 Y
035 000700 1
036 A000700 N
036 B000700 0
037 000700 N
038 000700 0
039 000700 Y
040 000700 Y
041 000700 Y
042 A000700 0
042 B000700 0
042 C000700 0
042 D000700 100
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 0
043 000700 75
044 000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.650
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 N
055 A000700 N
PAGE 38
055 B000700 N
056 000700 N
057 000700 N
058 A000700 N
059 000700 Y
060 A000700 Y
060 B000700 Y
061 000700 1000
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 0.0
066 A000700 Y
066 B000700 N
066 C000700 N
066 D000700 Y
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
PAGE 39
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 N
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 Y
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 N
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 11166
071 B000700 9855
071 C000700 47560
071 D000700 21
072 A000700 12
072 B000700 0
072 C000700 722
072 D000700 0
072 E000700 0
072 F000700 311
072 G000700 13
072 H000700 0
072 I000700 32
072 J000700 11
072 K000700 0
072 L000700 10
072 M000700 7
072 N000700 19
072 O000700 0
072 P000700 0
072 Q000700 77
072 R000700 11
072 S000700 0
072 T000700 75
072 U000700 0
072 V000700 0
072 W000700 11
PAGE 40
072 X000700 577
072 Y000700 0
072 Z000700 145
072AA000700 0
072BB000700 118
072CC010700 222
072CC020700 0
072DD010700 323
072DD020700 58
072EE000700 0
073 A010700 0.0800
073 A020700 0.0624
073 B000700 0.0000
073 C000700 0.0000
074 A000700 0
074 B000700 0
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 43326
074 J000700 0
074 K000700 0
074 L000700 30
074 M000700 20
074 N000700 43376
074 O000700 0
074 P000700 29
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 53
074 S000700 0
074 T000700 43294
074 U010700 4016
074 U020700 966
074 V010700 8.80
074 V020700 8.24
074 W000700 0.0000
074 X000700 3688
074 Y000700 0
075 A000700 0
075 B000700 46215
076 000700 0.00
083 A000700 N
083 B000700 0
084 A000700 N
084 B000700 0
PAGE 41
085 A000700 N
085 B000700 N
008 A000801 TIMOTHY PARTNERS, LTD.
008 B000801 A
008 C000801 801-45766
008 D010801 MAITLAND
008 D020801 FL
008 D030801 32751
028 A010800 0
028 A020800 0
028 A030800 0
028 A040800 0
028 B010800 0
028 B020800 0
028 B030800 0
028 B040800 0
028 C010800 0
028 C020800 0
028 C030800 0
028 C040800 0
028 D010800 5399
028 D020800 0
028 D030800 0
028 D040800 5844
028 E010800 218
028 E020800 0
028 E030800 0
028 E040800 2119
028 F010800 198
028 F020800 0
028 F030800 0
028 F040800 586
028 G010800 5815
028 G020800 0
028 G030800 0
028 G040800 8549
028 H000800 5020
029 000800 Y
030 A000800 130
030 B000800 5.50
030 C000800 0.00
031 A000800 15
031 B000800 0
032 000800 115
033 000800 0
034 000800 Y
035 000800 2
036 A000800 N
036 B000800 0
037 000800 N
038 000800 0
PAGE 42
039 000800 Y
040 000800 Y
041 000800 Y
042 A000800 0
042 B000800 0
042 C000800 0
042 D000800 100
042 E000800 0
042 F000800 0
042 G000800 0
042 H000800 0
043 000800 74
044 000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.650
048 A010800 0
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
049 000800 N
050 000800 N
051 000800 N
052 000800 N
053 A000800 N
055 A000800 N
055 B000800 N
056 000800 N
057 000800 N
058 A000800 N
059 000800 Y
060 A000800 Y
PAGE 43
060 B000800 Y
061 000800 1000
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 0.0
066 A000800 Y
066 B000800 N
066 C000800 N
066 D000800 Y
066 E000800 N
066 F000800 N
066 G000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 N
070 I020800 N
PAGE 44
070 J010800 N
070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 Y
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 10220
071 B000800 18699
071 C000800 47021
071 D000800 22
072 A000800 12
072 B000800 0
072 C000800 384
072 D000800 0
072 E000800 0
072 F000800 308
072 G000800 13
072 H000800 0
072 I000800 33
072 J000800 12
072 K000800 0
072 L000800 10
072 M000800 7
072 N000800 19
072 O000800 0
072 P000800 0
072 Q000800 78
072 R000800 11
072 S000800 0
072 T000800 74
072 U000800 0
072 V000800 0
072 W000800 11
072 X000800 574
072 Y000800 0
072 Z000800 -190
072AA000800 0
072BB000800 1558
072CC010800 788
PAGE 45
072CC020800 0
072DD010800 41
072DD020800 0
072EE000800 0
073 A010800 0.0100
073 A020800 0.0000
073 B000800 0.0000
073 C000800 0.0000
074 A000800 0
074 B000800 0
074 C000800 0
074 D000800 0
074 E000800 0
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 37734
074 J000800 0
074 K000800 0
074 L000800 76
074 M000800 20
074 N000800 37830
074 O000800 0
074 P000800 25
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 90
074 S000800 0
074 T000800 37715
074 U010800 4990
074 U020800 1107
074 V010800 6.27
074 V020800 5.82
074 W000800 0.0000
074 X000800 4394
074 Y000800 0
075 A000800 0
075 B000800 45274
076 000800 0.00
083 A000800 N
083 B000800 0
084 A000800 N
084 B000800 0
085 A000800 N
085 B000800 N
055 A001100 N
055 B001100 N
056 001100 N
057 001100 N
PAGE 46
008 A001301 TIMOTHY PARTNERS, LTD.
008 B001301 A
008 C001301 801-45766
008 D011301 MAITLAND
008 D021301 FL
008 D031301 32751
008 A001302 BARROW, HANLEY, MEWHINNEY, & STRAUSS, LLC.
008 B001302 S
008 C001302 801-31237
008 D011302 DALLAS
008 D021302 TX
008 D031302 75201
028 A011300 0
028 A021300 0
028 A031300 0
028 A041300 0
028 B011300 0
028 B021300 0
028 B031300 0
028 B041300 0
028 C011300 0
028 C021300 0
028 C031300 0
028 C041300 0
028 D011300 5548
028 D021300 350
028 D031300 0
028 D041300 3180
028 E011300 1166
028 E021300 0
028 E031300 0
028 E041300 2046
028 F011300 133
028 F021300 361
028 F031300 0
028 F041300 2357
028 G011300 6847
028 G021300 711
028 G031300 0
028 G041300 7583
028 H001300 6475
029 001300 Y
030 A001300 53
030 B001300 4.50
030 C001300 0.00
031 A001300 8
031 B001300 0
032 001300 45
033 001300 0
034 001300 Y
035 001300 0
PAGE 47
036 A001300 N
036 B001300 0
037 001300 N
038 001300 0
039 001300 Y
040 001300 Y
041 001300 Y
042 A001300 0
042 B001300 0
042 C001300 0
042 D001300 75
042 E001300 0
042 F001300 0
042 G001300 25
042 H001300 0
043 001300 74
044 001300 0
045 001300 Y
046 001300 N
047 001300 Y
048 001300 0.600
048 A011300 0
048 A021300 0.000
048 B011300 0
048 B021300 0.000
048 C011300 0
048 C021300 0.000
048 D011300 0
048 D021300 0.000
048 E011300 0
048 E021300 0.000
048 F011300 0
048 F021300 0.000
048 G011300 0
048 G021300 0.000
048 H011300 0
048 H021300 0.000
048 I011300 0
048 I021300 0.000
048 J011300 0
048 J021300 0.000
048 K011300 0
048 K021300 0.000
049 001300 N
050 001300 N
051 001300 N
052 001300 N
053 A001300 N
055 A001300 N
055 B001300 N
056 001300 N
PAGE 48
057 001300 N
058 A001300 N
059 001300 Y
060 A001300 Y
060 B001300 Y
061 001300 1000
062 A001300 Y
062 B001300 0.0
062 C001300 0.0
062 D001300 0.0
062 E001300 0.0
062 F001300 0.0
062 G001300 0.0
062 H001300 0.0
062 I001300 0.0
062 J001300 0.0
062 K001300 0.0
062 L001300 1.3
062 M001300 0.0
062 N001300 0.0
062 O001300 0.0
062 P001300 96.2
062 Q001300 0.0
062 R001300 0.0
063 A001300 0
063 B001300 7.7
064 A001300 N
064 B001300 Y
065 001300 N
066 A001300 N
067 001300 N
068 A001300 N
068 B001300 N
069 001300 N
070 A011300 Y
070 A021300 N
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 N
PAGE 49
070 I021300 N
070 J011300 Y
070 J021300 Y
070 K011300 Y
070 K021300 Y
070 L011300 Y
070 L021300 N
070 M011300 N
070 M021300 N
070 N011300 N
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300 16702
071 B001300 14459
071 C001300 24055
071 D001300 60
072 A001300 12
072 B001300 1841
072 C001300 0
072 D001300 0
072 E001300 0
072 F001300 155
072 G001300 8
072 H001300 0
072 I001300 17
072 J001300 6
072 K001300 0
072 L001300 5
072 M001300 4
072 N001300 18
072 O001300 0
072 P001300 0
072 Q001300 40
072 R001300 7
072 S001300 0
072 T001300 74
072 U001300 0
072 V001300 0
072 W001300 10
072 X001300 345
072 Y001300 0
072 Z001300 1496
072AA001300 642
072BB001300 0
PAGE 50
072CC011300 1913
072CC021300 0
072DD011300 1427
072DD021300 59
072EE001300 0
073 A011300 0.5400
073 A021300 0.4600
073 B001300 0.0000
073 C001300 0.0000
074 A001300 0
074 B001300 0
074 C001300 0
074 D001300 23382
074 E001300 0
074 F001300 0
074 G001300 0
074 H001300 0
074 I001300 319
074 J001300 0
074 K001300 0
074 L001300 651
074 M001300 19
074 N001300 24370
074 O001300 0
074 P001300 18
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 48
074 S001300 0
074 T001300 24304
074 U011300 2653
074 U021300 136
074 V011300 8.71
074 V021300 8.79
074 W001300 0.0000
074 X001300 1605
074 Y001300 0
075 A001300 0
075 B001300 25884
076 001300 0.00
083 A001300 N
083 B001300 0
084 A001300 N
084 B001300 0
085 A001300 N
085 B001300 N
008 A001401 TIMOTHY PARTNERS, LTD.
008 B001401 A
008 C001401 801-45766
PAGE 51
008 D011401 MAITLAND
008 D021401 FL
008 D031401 32751
008 A001402 EAGLE GLOBAL ADVISORS, LLC
008 B001402 S
008 C001402 801-53294
008 D011402 HOUSTON
008 D021402 TX
008 D031402 77057
028 A011400 0
028 A021400 0
028 A031400 0
028 A041400 0
028 B011400 0
028 B021400 0
028 B031400 0
028 B041400 0
028 C011400 0
028 C021400 0
028 C031400 0
028 C041400 0
028 D011400 3652
028 D021400 0
028 D031400 0
028 D041400 3754
028 E011400 1229
028 E021400 0
028 E031400 0
028 E041400 1203
028 F011400 294
028 F021400 0
028 F031400 0
028 F041400 3930
028 G011400 5175
028 G021400 0
028 G031400 0
028 G041400 8887
028 H001400 4980
029 001400 Y
030 A001400 57
030 B001400 5.50
030 C001400 0.00
031 A001400 6
031 B001400 0
032 001400 51
033 001400 0
034 001400 Y
035 001400 1
036 A001400 N
036 B001400 0
037 001400 N
PAGE 52
038 001400 0
039 001400 Y
040 001400 Y
041 001400 Y
042 A001400 0
042 B001400 0
042 C001400 0
042 D001400 75
042 E001400 0
042 F001400 0
042 G001400 25
042 H001400 0
043 001400 118
044 001400 0
045 001400 Y
046 001400 N
047 001400 Y
048 001400 1.000
048 A011400 0
048 A021400 0.000
048 B011400 0
048 B021400 0.000
048 C011400 0
048 C021400 0.000
048 D011400 0
048 D021400 0.000
048 E011400 0
048 E021400 0.000
048 F011400 0
048 F021400 0.000
048 G011400 0
048 G021400 0.000
048 H011400 0
048 H021400 0.000
048 I011400 0
048 I021400 0.000
048 J011400 0
048 J021400 0.000
048 K011400 0
048 K021400 0.000
049 001400 N
050 001400 N
051 001400 N
052 001400 N
053 A001400 N
055 A001400 N
055 B001400 N
056 001400 N
057 001400 N
058 A001400 N
059 001400 Y
PAGE 53
060 A001400 Y
060 B001400 Y
061 001400 1000
062 A001400 N
062 B001400 0.0
062 C001400 0.0
062 D001400 0.0
062 E001400 0.0
062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
062 M001400 0.0
062 N001400 0.0
062 O001400 0.0
062 P001400 0.0
062 Q001400 0.0
062 R001400 0.0
063 A001400 0
063 B001400 0.0
066 A001400 Y
066 B001400 N
066 C001400 N
066 D001400 Y
066 E001400 N
066 F001400 N
066 G001400 N
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 N
070 B011400 Y
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 Y
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 Y
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 Y
070 H021400 N
070 I011400 N
PAGE 54
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 Y
070 L011400 Y
070 L021400 Y
070 M011400 N
070 M021400 N
070 N011400 N
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 N
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400 23788
071 B001400 25872
071 C001400 38654
071 D001400 62
072 A001400 12
072 B001400 3
072 C001400 1713
072 D001400 0
072 E001400 0
072 F001400 415
072 G001400 12
072 H001400 0
072 I001400 29
072 J001400 16
072 K001400 0
072 L001400 12
072 M001400 6
072 N001400 21
072 O001400 0
072 P001400 0
072 Q001400 68
072 R001400 10
072 S001400 0
072 T001400 118
072 U001400 0
072 V001400 0
072 W001400 12
072 X001400 719
072 Y001400 0
072 Z001400 997
072AA001400 483
072BB001400 0
PAGE 55
072CC011400 0
072CC021400 6956
072DD011400 213
072DD021400 7
072EE001400 0
073 A011400 0.0437
073 A021400 0.0280
073 B001400 0.0000
073 C001400 0.0000
074 A001400 21
074 B001400 0
074 C001400 0
074 D001400 0
074 E001400 0
074 F001400 27165
074 G001400 0
074 H001400 0
074 I001400 2451
074 J001400 236
074 K001400 0
074 L001400 67
074 M001400 43
074 N001400 29983
074 O001400 46
074 P001400 35
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 52
074 S001400 0
074 T001400 29850
074 U011400 4348
074 U021400 223
074 V011400 6.54
074 V021400 6.39
074 W001400 0.0000
074 X001400 2747
074 Y001400 0
075 A001400 0
075 B001400 41445
076 001400 0.00
083 A001400 N
083 B001400 0
084 A001400 N
084 B001400 0
085 A001400 N
085 B001400 N
008 A001501 TIMOTHY PARTNERS, LTD.
008 B001501 A
008 C001501 801-45766
PAGE 56
008 D011501 MAITLAND
008 D021501 FL
008 D031501 32751
008 A001502 BARROW, HANLEY, MEWHINNEY, & STRAUSS, LLC.
008 B001502 S
008 C001502 801-31237
008 D011502 DALLAS
008 D021502 TX
008 D031502 75201
008 A001503 DELAWARE MANAGEMENT BUSINESS TRUST
008 B001503 S
008 C001503 801-32108
008 D011503 PHILADELPHIA
008 D021503 PA
008 D031503 19103
028 A011500 0
028 A021500 0
028 A031500 0
028 A041500 0
028 B011500 0
028 B021500 0
028 B031500 0
028 B041500 0
028 C011500 0
028 C021500 0
028 C031500 0
028 C041500 0
028 D011500 9502
028 D021500 0
028 D031500 0
028 D041500 2919
028 E011500 6555
028 E021500 0
028 E031500 0
028 E041500 2481
028 F011500 9831
028 F021500 0
028 F031500 0
028 F041500 649
028 G011500 25888
028 G021500 0
028 G031500 0
028 G041500 6049
028 H001500 22214
029 001500 Y
030 A001500 281
030 B001500 5.50
030 C001500 0.00
031 A001500 35
031 B001500 0
032 001500 246
PAGE 57
033 001500 0
034 001500 Y
035 001500 2
036 A001500 N
036 B001500 0
037 001500 N
038 001500 0
039 001500 N
040 001500 Y
041 001500 Y
042 A001500 0
042 B001500 0
042 C001500 0
042 D001500 75
042 E001500 0
042 F001500 0
042 G001500 25
042 H001500 0
043 001500 179
044 001500 0
045 001500 Y
046 001500 N
047 001500 Y
048 001500 0.600
048 A011500 0
048 A021500 0.000
048 B011500 0
048 B021500 0.000
048 C011500 0
048 C021500 0.000
048 D011500 0
048 D021500 0.000
048 E011500 0
048 E021500 0.000
048 F011500 0
048 F021500 0.000
048 G011500 0
048 G021500 0.000
048 H011500 0
048 H021500 0.000
048 I011500 0
048 I021500 0.000
048 J011500 0
048 J021500 0.000
048 K011500 0
048 K021500 0.000
049 001500 N
050 001500 N
051 001500 N
052 001500 N
053 A001500 N
PAGE 58
055 A001500 N
055 B001500 N
056 001500 N
057 001500 N
058 A001500 N
059 001500 Y
060 A001500 N
060 B001500 N
061 001500 1000
062 A001500 Y
062 B001500 0.0
062 C001500 0.0
062 D001500 0.0
062 E001500 0.0
062 F001500 0.0
062 G001500 0.0
062 H001500 0.0
062 I001500 0.0
062 J001500 0.0
062 K001500 0.0
062 L001500 46.4
062 M001500 0.0
062 N001500 28.7
062 O001500 0.0
062 P001500 0.0
062 Q001500 61.7
062 R001500 0.0
063 A001500 0
063 B001500 11.5
064 A001500 N
064 B001500 Y
065 001500 N
066 A001500 N
067 001500 N
068 A001500 N
068 B001500 N
069 001500 N
070 A011500 Y
070 A021500 N
070 B011500 Y
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 N
070 E021500 N
070 F011500 Y
070 F021500 N
070 G011500 Y
070 G021500 N
PAGE 59
070 H011500 Y
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 Y
070 L011500 Y
070 L021500 Y
070 M011500 N
070 M021500 N
070 N011500 N
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 N
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
071 A001500 44706
071 B001500 21500
071 C001500 33796
071 D001500 64
072 A001500 12
072 B001500 685
072 C001500 158
072 D001500 0
072 E001500 0
072 F001500 244
072 G001500 13
072 H001500 0
072 I001500 32
072 J001500 15
072 K001500 0
072 L001500 6
072 M001500 7
072 N001500 17
072 O001500 0
072 P001500 0
072 Q001500 57
072 R001500 13
072 S001500 0
072 T001500 179
072 U001500 0
072 V001500 0
072 W001500 16
072 X001500 600
072 Y001500 0
PAGE 60
072 Z001500 243
072AA001500 2929
072BB001500 0
072CC011500 0
072CC021500 2693
072DD011500 0
072DD021500 0
072EE001500 146
073 A011500 0.0000
073 A021500 0.0000
073 B001500 0.0968
073 C001500 0.0000
074 A001500 0
074 B001500 0
074 C001500 0
074 D001500 16306
074 E001500 0
074 F001500 18697
074 G001500 0
074 H001500 0
074 I001500 42762
074 J001500 183
074 K001500 0
074 L001500 589
074 M001500 21
074 N001500 78558
074 O001500 0
074 P001500 48
074 Q001500 0
074 R011500 0
074 R021500 0
074 R031500 0
074 R041500 21740
074 S001500 0
074 T001500 56770
074 U011500 3870
074 U021500 1182
074 V011500 11.28
074 V021500 11.09
074 W001500 0.0000
074 X001500 2625
074 Y001500 0
075 A001500 0
075 B001500 40626
076 001500 0.00
083 A001500 N
083 B001500 0
084 A001500 N
084 B001500 0
085 A001500 N
085 B001500 N
PAGE 61
048 002200 0.000
048 A012200 0
048 A022200 0.000
048 B012200 0
048 B022200 0.000
048 C012200 0
048 C022200 0.000
048 D012200 0
048 D022200 0.000
048 E012200 0
048 E022200 0.000
048 F012200 0
048 F022200 0.000
048 G012200 0
048 G022200 0.000
048 H012200 0
048 H022200 0.000
048 I012200 0
048 I022200 0.000
048 J012200 0
048 J022200 0.000
048 K012200 0
048 K022200 0.000
083 A004400 N
083 B004400 0
084 A004400 N
084 B004400 0
085 A004400 N
085 B004400 N
SIGNATURE JAMES MCGUIRE
TITLE MANAGER - ADMIN
EX-99.77B ACCT LTTR
2
icletter.txt
TIMOTHY PLAN NSAR-B FILING 9/30/11 ACCT LTTR
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders and
Board of Trustees
The Timothy Plan
In planning and performing our audit of the financial statements of
Timothy Plan Aggressive Growth Fund, Timothy Plan International
Fund, Timothy Plan Large/Mid Cap Growth Fund, Timothy Plan Small
Cap Value Fund, Timothy Plan Large/Mid Cap Value Fund, Timothy Plan
Fixed Income Fund, Timothy Plan High Yield Bond Fund, Timothy Plan
Defensive Strategies Fund, Timothy Plan Money Market Fund, Timothy
Plan Strategic Growth Fund and Timothy Plan Conservative Growth Fund
(the Funds), eleven of the series constituting The Timothy Plan, as
of and for the year ended September 30, 2011, in accordance with the
standards of the Public Company Accounting Oversight Board (United States),
we considered the Funds internal control over financial reporting,
including controls over safeguarding securities, as a basis for
designing our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the
requirements of Form N-SAR, but not for the purpose of expressing an
opinion on the effectiveness of the Funds internal control over
financial reporting. Accordingly, we express no such opinion.
The management of the Funds is responsible for establishing and
maintaining effective internal control over financial reporting.
In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related
costs of controls. A funds internal control over financial reporting
is a process designed to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial
statements for external purposes in accordance with generally accepted
accounting principles. A funds internal control over financial
reporting includes those policies and procedures that (1) pertain
to the maintenance of records that, in reasonable detail, accurately
and fairly reflect the transactions and dispositions of the assets
of the fund; (2) provide reasonable assurance that transactions are
recorded as necessary to permit preparation of financial statements
in accordance with generally accepted accounting principles, and that
receipts and expenditures of the fund are being made only in accordance
with authorizations of management and trustees of the fund; and (3)
provide reasonable assurance regarding prevention or timely detection
of unauthorized acquisition, use or disposition of a funds assets
that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also, projections
of any evaluation of effectiveness to future periods are subject to
the risk that controls may become inadequate because of changes in
conditions, or that the degree of compliance with the policies
or procedures may deteriorate.
A deficiency in internal control over financial reporting exists when
the design or operation of a control does not allow management or
employees, in the normal course of performing their assigned functions,
to prevent or detect misstatements on a timely basis. A material
weakness is a deficiency, or a combination of deficiencies, in internal
control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the Funds annual or interim
financial statements will not be prevented or detected on a timely basis.
Our consideration of the Funds internal control over financial reporting
was for the limited purpose described in the first paragraph and would
not necessarily disclose all deficiencies in internal control that might
be material weaknesses under standards established by the Public Company
Accounting Oversight Board (United States). However, we noted no
deficiencies in the Funds internal control over financial reporting and
its operation, including controls over safeguarding securities that we
consider to be a material weakness as defined above as of
September 30, 2011.
This report is intended solely for the information and use of management
and the Board of Trustees of the Funds and the Securities and Exchange
Commission and is not intended to be and should not be used by anyone
other than these specified parties.
COHEN FUND AUDIT SERVICES, LTD.
Westlake, Ohio
December 6, 2011