0001193125-22-231189.txt : 20220826 0001193125-22-231189.hdr.sgml : 20220826 20220826150344 ACCESSION NUMBER: 0001193125-22-231189 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 15 FILED AS OF DATE: 20220826 DATE AS OF CHANGE: 20220826 EFFECTIVENESS DATE: 20220826 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIMOTHY PLAN CENTRAL INDEX KEY: 0000916490 IRS NUMBER: 597016828 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-73248 FILM NUMBER: 221204534 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 Plan Small Cap Value Fund C000126993 Timothy Plan Small Cap Value Fund Class I TPVIX 0000916490 S000004480 Timothy Plan Large/Mid Cap Value Fund C000126994 Timothy Plan Large/Mid Cap Value Fund Class I TMVIX 0000916490 S000004481 Timothy Plan Fixed Income Fund C000126995 Timothy Plan Fixed Income Fund Class I TPFIX 0000916490 S000004482 Timothy Plan Aggressive Growth Fund C000126996 Timothy Plan Aggressive Growth Fund Class I TIAGX 0000916490 S000004483 Timothy Plan Large/Mid Cap Growth Fund C000126997 Timothy Plan Large/Mid Cap Growth Fund Class I TPLIX 0000916490 S000017790 Timothy Plan International Fund C000127000 Timothy Plan International Fund Class I TPIIX 0000916490 S000017791 Timothy Plan High Yield Bond Fund C000127001 Timothy Plan High Yield Bond Fund Class I TPHIX 0000916490 S000026812 Timothy Plan Defensive Strategies Fund C000127002 Timothy Plan Defensive Strategies Fund Class I TPDIX 0000916490 S000042201 Timothy Plan Growth & Income Fund C000130993 Timothy Plan Growth & Income Fund Class I TIGIX 497 1 d361584d497.htm TIMOTHY PLAN - I Timothy Plan - I

LOGO
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
 
On page 2 of the Prospectus:
  
Aggressive Growth Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.50%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.36%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (10 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
 
On page 6 of the Prospectus:
  
International Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
1.00%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.38%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.39%
 
 

(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
 
On page 10 of the Prospectus:
  
Large/Mid Cap Growth Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.40%
 
Acquired Funds Fees and Expenses (2)
    
 
0.11%
 
Total Annual Fund Operating Expenses
    
 
1.36%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (11 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
 
On page 14 of the Prospectus:
  
Small Cap Value Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.36%
 
Acquired Funds Fees and Expenses (2)
    
 
0.06%
 
Total Annual Fund Operating Expenses
    
 
1.27%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (12 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.

On page 18 of the Prospectus:
  
Large/Mid Cap Value Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.35%
 
Acquired Funds Fees and Expenses (2)
    
 
0.13%
 
Total Annual Fund Operating Expenses
    
 
1.33%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (15 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
 
On page 22 of the Prospectus:
  
Fixed Income Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.49%
 
Total Annual Fund Operating Expenses
    
 
1.09%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (20 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
 
On page 26 of the Prospectus:
  
High Yield Bond Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.53%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.14%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.

On page 34 of the Prospectus:
  
Defensive Strategies Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.63%
 
Acquired Funds Fees and Expenses (2)
    
 
0.02%
 
Total Annual Fund Operating Expenses
    
 
1.25%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
 
On page 38 of the Prospectus:
  
Growth & Income Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
 
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.80%
 
Acquired Funds Fees and Expenses (2)
    
 
0.34%
 
Total Annual Fund Operating Expenses
    
 
1.99%
 
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (38 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
 
On page 58 of the Prospectus:
  
The Investment Advisor
TIMOTHY PARTNERS, LTD.
Timothy Partners, Ltd. (“TPL”), 1055 Maitland Center Commons Boulevard, Maitland, FL 32751, is a Florida limited partnership organized on December 6, 1993, and is registered with the Securities and Exchange Commission as an investment advisor. TPL supervises the investment of the assets of each Fund in accordance with the objectives, policies and restrictions of the Trust. TPL approves the portfolio of securities selected by the Investment Managers. To determine which securities are Excluded Securities, TPL conducts its own research and consults a number of Christian ministries on these issues. TPL retains the right to change the sources from whom it acquires its information, at its discretion. TPL has been the advisor to the Funds since their inceptions.
For its advisory services, TPL is paid an annual fee equal to 0.85% on the Small Cap Value Fund, 0.85% on the Large/Mid Cap Value Fund, 0.85% on the Aggressive Growth Fund, 0.85% on the Large/Mid Cap Growth Fund, 1.00% on the International Fund, 0.60% on the Fixed Income Fund, 0.60% on the High Yield Bond Fund, 1.00% on the Israel Common Values Fund, 0.60% on the Defensive Strategies Fund, and 0.85% on the Growth & Income Fund.
As of September 30, 2021, TPL managed approximately $1.834 billion in Timothy Plan Fund assets.

COVENANT FUNDS, INC.
Covenant Funds, Inc., a Florida corporation (“CFI”), is the managing general partner of TPL. Arthur D. Ally is President, Chairman and Trustee of the Trust, as well as President and 75% shareholder of CFI. Mr. Ally had over eighteen years of experience in the investment industry prior to founding TPL, having worked for Prudential Bache, Shearson Lehman Brothers and Investment Management & Research. Some or all of these firms may be utilized by an Investment Manager to execute portfolio trades for a Fund. Neither Mr. Ally nor any affiliated person of the Trust will receive any benefit from such transactions.
Voluntary Fee Waivers
During the fiscal year ended September 30, 2021, the Adviser voluntarily waived a portion of its fees for certain Funds in order to lower the expenses of those Funds for shareholders. The table below highlights the Funds that received fee waivers, the Total Expense Ratios before fee waivers, and the Total Expense Ratios after fee waivers.
 
Fund
  
Share
Class
  
    Total Expense Ratio1    
(before fee waivers)
  
  Voluntary Fee Waiver2  
       Net Expense Ratio1    
(after fee waivers)
Aggressive Growth
  
I
  
1.35%
  
0.10%
  
1.25%
International Fund
  
I
  
1.38%
  
0.05%
  
1.33%
Large/Mid Growth Fund
  
I
  
1.25%
  
0.11%
  
1.14%
Small Cap Value Fund
  
I
  
1.21%
  
0.12%
  
1.09%
Large/Mid Value Fund
  
I
  
1.20%
  
0.15%
  
1.05%
Fixed Income Fund
  
I
  
1.09%
  
0.20%
  
0.89%
High Yield Bond Fund
  
I
  
1.13%
  
0.05%
  
1.08%
Defensive Strategies Fund
  
I
  
1.23%
  
0.05%
  
1.18%
Growth & Income Fund
  
I
  
1.65%
  
0.38%
  
1.27%
 
(1)
Numbers reflect the expense ratios disclosed in the Trust’s Audited Annual Report, dated September 30, 2021, and do not include deemed expenses due to Acquired Funds Fees and Expenses.
(2)
This voluntary fee waiver may be revised or terminated at any time without notice to shareholders and is not reflected in the fee table above, please see the “Fee Waivers” section of the statutory prospectus for more details.
The additional voluntary fee waivers may fluctuate or be discontinued by the Advisor at any time without notice; however, the Advisor currently anticipates maintaining the waiver for a minimum period of six months from the effective date. Please note that the removal of the voluntary waiver will lead to increased expenses which will impact the Fund’s yield.
The Investment Managers
TPL, with the Trust’s consent, has engaged the services of the Investment Managers described below to provide day‑to‑day investment advisory services to certain of the Funds. TPL pays all fees charged by the Investment Managers for such services.
A discussion of the considerations employed by the Board of Trustees (the, “Board”) in their approval of TPL as Advisor to the Trust, and each Investment Manager as manager of the Funds in 2021, is available in the Funds’ semi-annual report dated March 31, 2021.
The Statement of Additional Information (“SAI”) for the Fund’s Class I shares dated January 28, 2022, contains additional information about the compensation paid to the portfolio managers, other accounts and account types managed by the Advisor and Investment Managers, and ownership of Fund shares. The SAI is available upon request at no charge by calling the Funds at (800) 846‑7526.

On page 66 of the Prospectus:
  
How To Buy Shares
OPENING AND ADDING TO YOUR ACCOUNT
Payments for Fund shares must be in U.S. dollars and in order to avoid fees and delays, must be drawn from a U.S. bank. Please remember that the Trust reserves the right to reject any purchase order for Fund shares. Timothy Plan accepts personal checks made payable to the Timothy Plan. Unless pre‑authorized by the Fund at the Fund’s sole discretion, the Timothy Plan will not accept cash, credit card, or third-party checks. The minimum initial investment amount for Class I shares is:
 
Account Type
  
Minimum Initial
Purchase Amount                  
  
Minimum Subsequent                  
Purchase Amount
Individual Accounts
  
$1,000
  
$50
Fee based Registered Advisor Accounts
         
Institutional Accounts
  
$100,000
  
$25,000
ERISA Retirement Plans
  
None
  
None
Other Recognized Retirement Plans or Accounts
  
None
  
None
Employer Sponsored Health Savings Accounts
  
None
  
None
TO OPEN AN ACCOUNT BY MAIL
To make your initial investment in a Fund, simply complete the Account Registration Form included with this Prospectus, make a check payable to the Fund of your choice, and mail the Form and check to:
The Timothy Plan
c/o Gemini Fund Services, LLC
PO Box 541150
Omaha, NE 68154
To make subsequent purchases, simply make a check payable to the Fund of your choice and mail the check to the above-mentioned address. Be sure to note your account number on the check.
Your purchase order, if accompanied by payment, will be processed upon receipt by Gemini Fund Services, LLC, each Funds’ transfer agent (the “Transfer Agent”). If the Transfer Agent receives your order and payment by the close of regular trading on the NYSE (currently 4:00 p.m. Eastern time), your shares will be purchased at the applicable Fund’s NAV or public offering price calculated at the close of regular trading on that day. Otherwise, your shares will be purchased at the applicable NAV or public offering price determined as of the close of regular trading on the next business day. When you make your initial purchase of Fund shares, be sure to indicate which Class of shares you wish to purchase. If you do not select a share class, Class A shares will be purchased for you. For information on Class A shares, see “How You Can Buy and Sell Shares” in the Prospectus for Class A and Class C dated January 28, 2022. For subsequent purchases, additional shares of your currently owned share class will be purchased unless you indicate otherwise on your purchase order.
ALL PORTIONS OF THE PROSPECTUS NOT CHANGED BY THIS SUPPLEMENT OR OTHER SUPPLEMENTS SHALL REMAIN IN FULL FORCE AND EFFECT.
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C000012335 [Member] Timothy Plan Large/Mid Cap Value Fund Class C Timothy Plan Large/Mid Cap Value Fund Class C C000012338 [Member] Timothy Plan Fixed Income Fund Class C Timothy Plan Fixed Income Fund Class C C000012341 [Member] Timothy Plan Aggressive Growth Fund Class C Timothy Plan Aggressive Growth Fund Class C C000012344 [Member] Timothy Plan Large/Mid Cap Growth Fund Class C Timothy Plan Large/Mid Cap Growth Fund Class C C000127000 [Member] Class I Timothy Plan International Fund Class I C000127001 [Member] Class I Timothy Plan High Yield Bond Fund Class I C000127002 [Member] Class I Timothy Plan Defensive Strategies Fund Class I C000130993 [Member] Class I Timothy Plan Growth & Income Fund Class I C000126993 [Member] Class I Timothy Plan Small Cap Value Fund Class I C000126994 [Member] Class I Timothy Plan Large/Mid Cap Value Fund Class I C000126995 [Member] Class I Timothy Plan Fixed Income Fund Class I C000126996 [Member] Class I Timothy Plan Aggressive Growth Fund Class I 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Sep. 30, 2021
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Entity Central Index Key dei_EntityCentralIndexKey 0000916490
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Aug. 26, 2022
Document Effective Date dei_DocumentEffectiveDate Aug. 26, 2022
Prospectus Date rr_ProspectusDate Jan. 28, 2022
Entity Inv Company Type dei_EntityInvCompanyType N-1A
XML 9 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 2 of the Prospectus:
  
Aggressive Growth Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.50%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.36%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (10 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
On page 6 of the Prospectus:
  
International Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
1.00%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.38%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.39%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
On page 10 of the Prospectus:
  
Large/Mid Cap Growth Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.40%
 
Acquired Funds Fees and Expenses (2)
    
 
0.11%
 
Total Annual Fund Operating Expenses
    
 
1.36%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (11 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
On page 14 of the Prospectus:
  
Small Cap Value Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.36%
 
Acquired Funds Fees and Expenses (2)
    
 
0.06%
 
Total Annual Fund Operating Expenses
    
 
1.27%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (12 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
On page 18 of the Prospectus:
  
Large/Mid Cap Value Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.35%
 
Acquired Funds Fees and Expenses (2)
    
 
0.13%
 
Total Annual Fund Operating Expenses
    
 
1.33%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (15 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
On page 22 of the Prospectus:
  
Fixed Income Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.49%
 
Total Annual Fund Operating Expenses
    
 
1.09%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (20 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
On page 26 of the Prospectus:
  
High Yield Bond Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.53%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.14%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
On page 34 of the Prospectus:
  
Defensive Strategies Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.63%
 
Acquired Funds Fees and Expenses (2)
    
 
0.02%
 
Total Annual Fund Operating Expenses
    
 
1.25%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
On page 38 of the Prospectus:
  
Growth & Income Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.80%
 
Acquired Funds Fees and Expenses (2)
    
 
0.34%
 
Total Annual Fund Operating Expenses
    
 
1.99%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (38 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan Aggressive Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 2 of the Prospectus:
  
Aggressive Growth Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.50%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.36%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (10 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan Aggressive Growth Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.85% [1]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.50%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.36%
Timothy Plan International Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 6 of the Prospectus:
  
International Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
1.00%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.38%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.39%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan International Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 1.00% [3]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.38%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.39%
Timothy Plan High Yield Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 26 of the Prospectus:
  
High Yield Bond Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.53%
 
Acquired Funds Fees and Expenses (2)
    
 
0.01%
 
Total Annual Fund Operating Expenses
    
 
1.14%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan High Yield Bond Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.60% [3]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.53%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.14%
Timothy Plan Large/Mid Cap Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 10 of the Prospectus:
  
Large/Mid Cap Growth Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.40%
 
Acquired Funds Fees and Expenses (2)
    
 
0.11%
 
Total Annual Fund Operating Expenses
    
 
1.36%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (11 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan Large/Mid Cap Growth Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.85% [4]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.40%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.11% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.36%
Timothy Plan Small Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 14 of the Prospectus:
  
Small Cap Value Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.36%
 
Acquired Funds Fees and Expenses (2)
    
 
0.06%
 
Total Annual Fund Operating Expenses
    
 
1.27%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (12 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan Small Cap Value Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.85% [5]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.36%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.06% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.27%
Timothy Plan Large/Mid Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 18 of the Prospectus:
  
Large/Mid Cap Value Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.35%
 
Acquired Funds Fees and Expenses (2)
    
 
0.13%
 
Total Annual Fund Operating Expenses
    
 
1.33%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (15 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan Large/Mid Cap Value Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.85% [6]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.35%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.13% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.33%
Timothy Plan Fixed Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 22 of the Prospectus:
  
Fixed Income Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.49%
 
Total Annual Fund Operating Expenses
    
 
1.09%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (20 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Timothy Plan Fixed Income Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.60% [7]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.49%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.09%
Timothy Plan Defensive Strategies Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 34 of the Prospectus:
  
Defensive Strategies Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.60%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.63%
 
Acquired Funds Fees and Expenses (2)
    
 
0.02%
 
Total Annual Fund Operating Expenses
    
 
1.25%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan Defensive Strategies Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.60% [3]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.63%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.25%
Timothy Plan Growth & Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SUPPLEMENT
DATED AUGUST 26, 2022 TO THE
STATUTORY PROSPECTUS
Timothy Plan Family of Funds
(Class I Shares)
DATED JANUARY 28, 2022
Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”
On page 38 of the Prospectus:
  
Growth & Income Fund
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
      
 
         Class I         
Management Fee (1)
    
 
0.85%
 
Distribution/Service (12b‑1 Fees)
    
 
0.00%
 
Other Expenses
    
 
0.80%
 
Acquired Funds Fees and Expenses (2)
    
 
0.34%
 
Total Annual Fund Operating Expenses
    
 
1.99%
 
(1)
VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (38 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
(2)
Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
Timothy Plan Growth & Income Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.85% [8]
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.80%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.34% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.99%
[1] VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (10 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
[2] Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.
[3] VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (5 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
[4] VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (11 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
[5] VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (12 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
[6] VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (15 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
[7] VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (20 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
[8] VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (38 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.
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Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 2 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Aggressive Growth Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.50%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.01%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.36%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">10 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="text-align: left; vertical-align: top;"/> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 6 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">International Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.38%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.01%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12.0pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.39%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">5 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 10 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Large/Mid Cap Growth Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.40%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.11%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12.0pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.36%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">11 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 14 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Small Cap Value Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.36%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.06%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.27%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">12 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 18 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Large/Mid Cap Value Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.35%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.13%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.33%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">15 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 22 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Fixed Income Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.60%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.49%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.09%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">20 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 26 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">High Yield Bond Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.60%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.53%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.01%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.14%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">5 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 34 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Defensive Strategies Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.60%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.63%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.02%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.25%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">5 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 38 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Growth &amp; Income Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.80%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.34%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.99%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">38 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <div style="margin-top: 12pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">SUPPLEMENT</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED AUGUST 26, 2022 TO THE</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 20pt; font-family: arial; text-align: center;">STATUTORY PROSPECTUS</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">Timothy Plan Family of Funds</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">(Class I Shares)</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: center;">DATED JANUARY 28, 2022</div> <div style="margin-top: 36pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;">Effective August 26, 2022, for additional transparency and clarification, Voluntary Fee Waiver footnotes were added to the “Annual Fund Operating Expenses” table under the “Fees and Expenses” section for each designated fund. Fee Waivers are listed on page 58 in “Section 3, Who Manages Your Money.”</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 2 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Aggressive Growth Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.50%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.01%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.36%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">10 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 6 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">International Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.38%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.01%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12.0pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.39%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">5 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 10 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Large/Mid Cap Growth Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.40%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.11%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12.0pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.36%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">11 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 14 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Small Cap Value Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.36%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.06%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.27%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">12 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 18 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Large/Mid Cap Value Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.35%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.13%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.33%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">15 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 22 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Fixed Income Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.60%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.49%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.09%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">20 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 26 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">High Yield Bond Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.60%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.53%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.01%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.14%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">5 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 34 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Defensive Strategies Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.60%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Distribution/Service (12b‑1 Fees)</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.63%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.02%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">1.25%</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(1)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">5 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border: 0px; margin: 0 auto;"> <tr> <td/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 98%;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 10pt;"> <td style="vertical-align: top; background-color: #d3d3d3;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 14pt; font-size: 10pt; font-family: arial;">On page 38 of the Prospectus:</div> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: top;"/> </tr> </table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 16pt; font-family: arial; font-weight: bold;">Growth &amp; Income Fund</div> <div style="margin-top: 10pt; margin-bottom: 0pt; font-size: 12pt; font-family: arial;"><span style="color: #595959;"><span style="font-weight: bold;">Annual Fund Operating Expenses </span></span></div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><span style="color: #7c7c7c;">(Expenses that you pay each year as a percentage of the value of your investment) </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 8pt; width: 92%; border: 0px;"> <tr> <td style="width: 84%;"/> <td style="vertical-align: bottom; width: 1%;"/> <td style="width: 0pt;"/> <td/> <td/> <td style="width: 0pt;"/> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 9pt; background-color: #bfbfbf;"> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: top;"><span style="font-size: x-small;"> </span></td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"><span style="color: #ffffff;"> </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial; text-align: right;"><span style="color: #ffffff;">         Class I         </span></div> </td> <td style="border-top: 1.00pt solid #000000; border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 9pt; font-family: arial;"/> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Management Fee <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(1)</sup></div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.85%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; 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line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.00%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Other Expenses</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;">  </td> <td style="border-bottom: 0.75pt solid #a5a5a5; vertical-align: bottom;"> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.80%</div> </td> <td style="border-bottom: 0.75pt solid #a5a5a5; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #000000; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Acquired Funds Fees and Expenses <sup style="font-size: 75%; line-height: 9.0pt; vertical-align: top;">(2)</sup></div> </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #000000; vertical-align: bottom;"> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial; text-align: center;">0.34%</div> </td> <td style="border-bottom: 1.00pt solid #000000; white-space: nowrap; vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 12pt; font-size: 8pt; font-family: arial;"> </div> </td> </tr> <tr style="page-break-inside: avoid; font-family: arial; font-size: 8pt;"> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.62em; line-height: 12pt; font-size: 8pt; font-family: arial;">Total Annual Fund Operating Expenses</div> </td> <td style="border-bottom: 1.00pt solid #7f7f7f; vertical-align: bottom;">  </td> <td style="border-bottom: 1.00pt solid #7f7f7f; 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margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;"><span style="font-weight: bold;">VOLUNTARY FEE WAIVER:</span> For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (<span style="font-weight: bold;">38 basis points</span>) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details.</div> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font-family: arial; font-size: 7pt; border: 0px; width: 100%;"> <tr style="page-break-inside: avoid;"> <td style="width: 2%; vertical-align: top; text-align: left;">(2)</td> <td style="text-align: left; vertical-align: top;"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: arial; text-align: left;">Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses.</div> </td> </tr> </table> 2022-08-26 2022-01-28 2022-08-26 Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0085 0.0000 0.0050 0.0001 0.0136 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0100 0.0000 0.0038 0.0001 0.0139 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0085 0.0000 0.0040 0.0011 0.0136 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0085 0.0000 0.0036 0.0006 0.0127 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0085 0.0000 0.0035 0.0013 0.0133 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0060 0.0000 0.0049 0.0109 Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0060 0.0000 0.0053 0.0001 0.0114 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0060 0.0000 0.0063 0.0002 0.0125 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0085 0.0000 0.0080 0.0034 0.0199 Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (10 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details. VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (11 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details. Acquired Funds Fees and Expenses are the indirect costs of investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Funds Fees and Expenses. VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (12 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details. VOLUNTARY FEE WAIVER: For the period reported, Timothy Partners, Ltd., the Fund’s investment adviser, voluntarily waived a portion (15 basis points) of its contractual Management Fee to lower overall Fund expenses for shareholders. This fee waiver is not reflected in the table above. The Adviser may amend or terminate its voluntary waiver at any time. Please see “Voluntary Fee Waivers” beginning on page 58 of the statutory prospectus for more details. 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