N-CSR/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-08228

TIMOTHY PLAN

(Exact name of registrant as specified in charter)

1055 Maitland Center Commons

Maitland, FL 32751

(Address of principal executive offices) (Zip code)

Arthur D. Ally

The Timothy Plan

1055 Maitland Center Commons

Maitland, FL 32751

(Name and address of agent for service)

Copies to:

David D. Jones, Esquire

20770 Hwy 281 N., Suite 108-619

San Antonio, TX 78258

and

Benjamin V. Mollozzi, Esquire

225 Pictoria Drive, Suite 450

Cincinnati, Ohio 45246

Registrant’s telephone number, including area code: 800-846-7526

Date of fiscal year end: September 30, 2019

Date of reporting period: September 30, 2019

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

*Explanatory Note:

The Registrant is filing this amendment to its Form N-CSR for the period ended September 30, 2019, originally filed with the Securities and Exchange Commission on December 4, 2019 (Accession Number 0001193125-19-306003) to amend Item 1 “Reports to Stockholders.” The purpose of this amendment is to replace page 37 of the Annual Report, with the below page 37, as well as to update the required certifications.

The Timothy Plan

Supplement dated April 10, 2020, as originally filed on March 4, 2020

to the Annual Report (the “Report”) dated September 30, 2019

This supplement replaces page 37 of the Annual Report for the Timothy Plan Defensive Strategies Fund contained in Form N-CSR, of the Timothy Plan dated September 30, 2019 and filed with the Securities and Exchange Commission(“SEC”) on December 4, 2019. (SEC Accession No. 0001193125-19-306003)

This supplement should be read in conjunction with the original Form N-CSR, Annual Report filed with the SEC on December 4, 2019 and retained for future reference.

The following information replaces, in its entirety, page 37 of the Timothy Plan Annual Report for the Defensive Strategies Fund:

Fund Performance - (Unaudited)

September 30, 2019

Defensive Strategies Fund

Fund/Index	1 Year   Total Return	5 Year   Total Return	Average   Annual Return   Since  Inception
Timothy Defensive Strategies Fund - Class A (With Sales Charge)	(0.88)%	0.26%		2.61	%	(a)
Dow Jones Moderately Conservative U.S. Portfolio Index	4.52%	7.23%		9.64	%	(a)
Timothy Defensive Strategies Fund Blended Index (c)	5.32%	1.66%		3.59	%	(a)
Timothy Defensive Strategies Fund - Class C *	3.06%	0.62%		2.46	%	(a)
Dow Jones Moderately Conservative U.S. Portfolio Index	4.52%	7.23%		9.64	%	(a)
Timothy Defensive Strategies Fund Blended Index (c)	5.32%	1.66%		3.59	%	(a)
Timothy Defensive Strategies Fund - Class I	5.17%	1.66%		1.90	%	(b)
Dow Jones Moderately Conservative U.S. Portfolio Index	4.52%	7.23%		7.62	%	(b)
Timothy Defensive Strategies Fund Blended Index (c)	5.32%	1.66%		1.61	%	(b)

  (a) For the period November 4, 2009 (commencement of investment in accordance with objective) to September 30, 2019.

  (b) For the period August 1, 2013 (commencement of investment in accordance with objective) to September 30, 2019.

  (c) Change in Fund’s benchmark. The Timothy Defensive Strategies Fund Blended Index reflects an unmanaged portfolio of 33% of the Bloomberg Barclays U.S. Treasury: 1-3 years Index, 33% of the Bloomberg Commodity Index Total Return and 34% of the MSCI U.S. REIT Gross (USD) Index. The Timothy Defensive Strategies Fund Blended Index is more suitable for the Fund’s objective. The Dow Jones Moderately Conservative US Portfolio was the Fund’s prior benchmark. The Fund’s performance is compared to both indices in the table above.

  * With Maximum Deferred Sales Charge

Timothy Plan Defensive Strategies Fund vs. Dow Jones Moderately Conservative U.S. Portfolio Index vs. The Timothy Defensive Strategies Fund Blended Index (c)

The chart shows the value of a hypothetical initial investment of $10,000 in the Fund’s Class A shares, Dow Jones Moderately Conservative U.S. Portfolio Index and the Timothy Defensive Strategies Fund Blended Index on November 4, 2009 and held through September 30, 2019. The Dow Jones Moderately Conservative U.S. Portfolio Index is a widely recognized unmanaged index of stocks, bonds and cash. Performance figures include the change in value of the asset classes in the index and the reinvestment of dividends. The index return does not reflect expenses, which have been deducted from the Fund’s return. The returns shown do not reflect deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. THE FUND’S RETURN REPRESENTS PAST PERFORMANCE AND IS NOT PREDICTIVE OF FUTURE RESULTS.

Item 13. Exhibits.

(a)(1)	Not Applicable
(a)(2)	Certifications by the registrant’s principal executive officer and principal financial officer, pursuant to Section  302 of the Sarbanes- Oxley Act of 2002 and required by Rule 30a-2 under the Investment Company Act of 1940 are filed herewith.
(a)(3)	Not Applicable
(b)	Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 is filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this Supplement to the Annual Report of the Timothy Plan to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant	Timothy Plan
By (Signature and Title)	/s/ Arthur D. Ally
	Arthur D. Ally, President/Principle Executive Officer
Date	4/10/2020

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Supplement to the Annual Report of the Timothy Plan has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Registrant	Timothy Plan
By (Signature and Title)	/s/ Arthur D. Ally
	Arthur D. Ally, President/Treasurer/ Principle Financial Officer
Date	4/10/2020

EX-99.CERT

SECTION 302 CERTIFICATIONS

I, Arthur D. Ally, certify that:

1. I have reviewed this report on Form N-CSR of the Timothy Plan;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date	4/10/2020	/s/ Arthur D. Ally
		Arthur D. Ally, President/Principle Executive Officer & Treasurer/Principle Financial Officer

EX-99.906 CERT

SECTION 906 CERTIFICATION

Arthur D. Ally, President/Principle Executive Officer & Treasurer/Principle Financial Officer of the Timothy Plan (the “Registrant”), certifies to the best of his knowledge that:

1. The Registrant’s periodic report on Form N-CSR for the period ended September 30, 2019 (the “Form N-CSR”) fully complies with the requirements of Sections 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

President/Principle Executive Officer & Treasurer/Principle Financial Officer

Timothy Plan

/s/ Arthur D. Ally

Arthur D. Ally

Date 4/10/2020

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to the Timothy Plan and will be retained by the Timothy Plan and furnished to the Securities and Exchange Commission (the “Commission”) or its staff upon request.

This certification is being furnished to the Commission solely pursuant to 18 U.S.C. ss. 1350 and is not being filed as part of the Form N-CSR filed with the Commission.