REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
                          ON INTERNAL CONTROL STRUCTURE



Shareholders and Board of Trustees
The Timothy Plan
Winter Park, Florida


In planning and performing our audit of the financial statements of The Timothy
Aggressive Growth Fund, The Timothy Conservative Growth Fund, The Timothy Fixed
Income Fund, The Timothy Small-Cap Value Fund, The Timothy Large/Mid-Cap Growth
Fund, The Timothy Large/Mid-Cap Value Fund, The Timothy Money Market Fund and
The Timothy Strategic Growth Fund, each a series of shares of The Timothy Plan
for the year ended December 31, 2000, we considered their internal control
structure, including procedures for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our opinion on
the financial statements and to comply with the requirements of Form N-SAR, not
to provide assurance on the internal control structure.

The management of the Funds is responsible for establishing and maintaining an
internal control structure. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and related
costs of internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are safeguarded against loss
from unauthorized use or disposition, and that transactions are executed in
accordance with management's authorization and recorded properly to permit
preparation of financial statements in conformity with generally accepted
accounting principles.

Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected. Also, projection of any evaluation
of the structure to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.

Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses, as defined above, as of
December 31, 2000.

This report is intended solely for the information and use of management and the
Securities and Exchange Commission, and should not be used for any other
purpose.




                                                            TAIT, WELLER & BAKER
Philadelphia, Pennsylvania
February 21, 2001