Schedule of Portfolio Investments
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Common Stocks (99.6%)
Communication Services (2.1%):
Cumulus Media, Inc., Class A(a)		5,701		30,614
MSG Networks, Inc.(a)		6,697		64,090
QuinStreet, Inc.(a)		4,903		77,664
Sciplay Corp., Class A(a)		4,549		73,785
Shenandoah Telecommunication Co.		1,189		52,833
Techtarget, Inc.(a)		2,553		112,231
Telephone & Data Systems, Inc.		3,150		58,086
US Cellular Corp.(a)		2,185		64,523
				533,826
Consumer Discretionary (18.1%):
Acushnet Holdings Corp.		2,575		86,546
Adtalem Global Education, Inc.(a)		2,105		51,657
American Eagle Outfitters		4,141		61,328
America’s Car-Mart, Inc.(a)		497		42,185
Asbury Automotive Group, Inc.(a)		665		64,804
Big Lots, Inc.		1,028		45,849
Bloomin’ Brands, Inc.		3,078		47,001
Boot Barn Holdings, Inc.(a)		1,755		49,386
Brinker International, Inc.		1,154		49,299
Carriage Services, Inc.		3,097		69,094
Cavco Industries, Inc.(a)		273		49,225
Century Communities, Inc.(a)		1,294		54,775
Cheesecake Factory, Inc.		1,811		50,237
Collectors Universe, Inc.		2,210		109,373
Conn’s, Inc.(a)		3,822		40,437
Cooper Tire & Rubber Co.		2,336		74,051
Crocs, Inc.(a)		1,284		54,865
Dave & Buster’s		1,385		20,997
Denny’s Corp.(a)		3,337		33,370
Dine Brands Global, Inc.		587		32,044
Dorman Products, Inc.(a)		1,056		95,442
El Pollo Loco Holdings, Inc.(a)		3,480		56,376
Fox Factory Holding Corp.(a)		594		44,152
Genesco, Inc.(a)		1,369		29,488
Gentherm, Inc.(a)		1,939		79,305
G-III Apparel Group Ltd.(a)		1,838		24,096
Graham Holdings Co., Class B		183		73,952
Green Brick Partners, Inc.(a)		5,099		82,094
Group 1 Automotive, Inc.		633		55,951
Haverty Furniture Cos., Inc.		3,920		82,085
Hilton Grand Vacations(a)		2,025		42,485
Hooker Furniture Corp.		3,461		89,398
Installed Building Products(a)		613		62,373
iRobot Corp.(a)		781		59,278
Jack In The Box, Inc.		541		42,907
Johnson Outdoors, Inc., Class A		911		74,602
KB Home		1,244		47,757

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Consumer Discretionary (18.1%): (continued)
Kontoor Brands, Inc.		2,671		64,638
La Z Boy, Inc.		2,096		66,296
LCI Industries		546		58,034
LGI Homes, Inc.(a)		523		60,757
Lithia Motors, Inc., Class A		427		97,331
M/I Homes, Inc.(a)		1,039		47,846
Malibu Boats, Inc.(a)		1,020		50,551
MarineMax, Inc.(a)		2,199		56,448
MDC Holdings, Inc.		1,407		66,270
Meritage Corp.(a)		645		71,202
Monro, Inc.		1,087		44,100
Movado Group, Inc.		3,948		39,243
Murphy USA, Inc.(a)		620		79,527
National Vision Holdings, Inc.(a)		1,470		56,213
Oxford Industries, Inc.		1,346		54,325
PetMed Express, Inc.		1,509		47,715
Rent-A-Center, Inc.		2,216		66,236
Rocky Brands, Inc.		2,529		62,795
Ruth’s Hospitality Group, Inc.		3,370		37,272
Sally Beauty Holdings, Inc.(a)		3,551		30,858
Shoe Carnival, Inc.		1,580		53,056
Skyline Champion Corp.(a)		2,195		58,760
Sonic Automotive, Inc.		1,431		57,469
Stamps.com, Inc.(a)		220		53,009
Standard Motor Products		2,039		91,041
Steven Madden Ltd.		2,156		42,042
Stoneridge, Inc.(a)		2,705		49,691
Sturm Ruger & Co.		1,611		98,528
The Buckle, Inc.		3,479		70,937
The Children’s Place, Inc.		727		20,610
The Michaels Cos., Inc.(a)		4,826		46,595
Tilly’s, Inc.		7,222		43,549
Tri Pointe Group, Inc.(a)		3,293		59,735
Tupperware Corp.(a)		5,394		108,742
Visteon Corp.(a)		786		54,407
Wingstop, Inc.		550		75,157
Winmark Corp.		506		87,124
Winnebago Industries, Inc.		703		36,324
XPEL, Inc.(a)		2,840		74,067
Yeti Holdings, Inc.(a)		1,455		65,941
Zumiez, Inc.(a)		2,076		57,754
				4,590,459
Consumer Staples (5.3%):
B&G Foods, Inc.		2,385		66,231
BJ’s Wholesale Club Holdings, Inc.(a)		2,115		87,878
elf Beauty, Inc.(a)		3,086		56,690
Hostess Brands, Inc.(a)		10,819		133,399
Ingles Markets, Inc.		1,763		67,065

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Consumer Staples (5.3%): (continued)
Inter Parfums, Inc.		1,115		41,645
John B. Sanfilippo & Son, Inc.		1,126		84,878
Lifevantage Corp.(a)		4,089		49,354
Medifast, Inc.		505		83,047
National Beverage Corp.(a)		1,285		87,393
Nu Skin Enterprises, Inc., Class A		1,040		52,094
PriceSmart, Inc.		1,296		86,119
Sprouts Farmers Market, Inc.(a)		3,263		68,295
The Chefs’ Warehouse, Inc.(a)		1,609		23,395
Tootsie Roll Industries, Inc.		3,697		114,237
Usana Health Sciences, Inc.(a)		746		54,943
WD-40 Co.		483		91,437
Weis Markets, Inc.		2,056		98,687
				1,346,787
Energy (1.5%):
Archrock, Inc.		5,254		28,267
Cactus, Inc., Class A		1,907		36,595
CONSOL Energy, Inc.(a)		4,122		18,260
Core Laboratories N.V.		1,629		24,859
CVR Energy, Inc.		2,110		26,122
Delek US Holdings, Inc.		2,122		23,618
Falcon Minerals Corp.		13,830		33,745
Helix Energy Solutions Group, Inc.(a)		6,766		16,306
Magnolia Oil & Gas Corp.(a)		7,223		37,343
Propetro Holding Corp.(a)		4,583		18,607
Solaris Oilfield Infrast, Class A		6,577		41,698
Southwestern Energy Co.(a)		13,290		31,232
World Fuel Services Corp.		2,078		44,033
				380,685
Financials (18.9%):
American National Group, Inc.		1,115		75,296
Ameris BanCorp		2,196		50,025
Amerisafe, Inc.		1,212		69,520
Artisan Partners Asset Management, Inc., Class A		2,177		84,882
Associated Banc-Corp.		4,345		54,834
Atlantic Union Bankshares		2,604		55,647
Axos Financial, Inc.(a)		2,440		56,876
B Riley Financial, Inc.		2,649		66,384
Bancfirst Corp.		1,318		53,827
BancorpSouth Bank		2,764		53,566
Bank of Hawaii Corp.		1,098		55,471
BankUnited, Inc.		2,512		55,038
Banner Corp.		1,435		46,293
Berkshire Hills BanCorp, Inc.		4,566		46,162
Cadence BanCorp		4,479		38,475
Cannae Holdings, Inc.(a)		1,601		59,653

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Financials (18.9%): (continued)
Capitol Federal Financial, Inc.		7,894		73,138
Cathay General BanCorp		2,295		49,756
CNO Financial Group, Inc.		3,542		56,814
Cohen & Steers, Inc.		758		42,251
Columbia Banking System, Inc.		2,311		55,117
Columbia Financial, Inc.(a)		7,343		81,507
CVB Financial Corp.		4,066		67,618
Employers Holdings, Inc.		2,804		84,821
Federated Hermes, Inc.		2,263		48,677
First BanCorp.		8,777		45,816
First Busey Corp.		3,534		56,155
First Financial BanCorp.		3,929		47,168
First Interstate Bancsys, Class A		2,202		70,134
First Merchants Corp.		2,395		55,468
First Midwest BanCorp, Inc.		5,158		55,603
Flagstar BanCorp, Inc.		1,992		59,023
Fulton Financial Corp.		6,016		56,129
Goosehead Insurance, Inc., Class A		919		79,576
Great Western BanCorp, Inc.		3,421		42,591
Hancock Whitney Corp.		2,217		41,702
Heartland Financial USA, Inc.		1,830		54,891
Hilltop Holdings, Inc.		3,197		65,794
Home Bancshares, Inc.		3,639		55,167
Hope BanCorp, Inc.		7,262		55,082
Horace Mann Educators		1,963		65,564
Independent Bank Corp.		1,045		54,737
Independent Bank Group, Inc.		1,285		56,771
International Bancshares Corp.		1,783		46,465
Investors BanCorp, Inc.		7,232		52,504
Kinsale Capital Group, Inc.		402		76,452
Mercury General Corp.		1,934		80,010
Moelis & Co.		2,003		70,385
National General Holdings Corp.		3,385		114,244
Navient Corp.		5,971		50,455
NBT BanCorp, Inc.		2,542		68,176
Nelnet, Inc., Class A		1,740		104,835
NMI Holdings, Inc.(a)		2,675		47,615
Northwest Bancshares, Inc.		8,074		74,281
Oceanfirst Financial Corp.		4,056		55,527
Old National BanCorp		5,456		68,527
Pacific Premier BanCorp, Inc.		2,701		54,398
Park National Corp.		1,001		82,043
Pennymac Financial Services		1,286		74,742
PRA Group, Inc.(a)		1,422		56,809
Provident Financial Services, Inc.		4,184		51,045
Renasant Corp.		2,857		64,911
S&T BanCorp, Inc.		3,163		55,953
Safety Insurance Group, Inc.		1,113		76,897

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Financials (18.9%): (continued)
Seacoast Banking Corp.(a)		2,771		49,961
Servisfirst Bancshares, Inc.		1,784		60,710
Simmons First National Corp., Class A		3,807		60,360
South State Corp.		1,171		56,384
Towne Bank		3,624		59,434
Trustmark Corp.		3,019		64,637
UMB Financial Corp.		1,319		64,644
United Bankshares, Inc.		2,369		50,862
United Community Banks, Inc.		2,887		48,877
Veritex Holdings, Inc.		3,012		51,294
Walker & Dunlop, Inc.		1,011		53,583
Washington Federal, Inc.		2,635		54,966
WesBanco, Inc.		3,243		69,270
Westamerica BanCorp.		1,486		80,765
WSFS Financial Corp.		2,014		54,318
				4,805,358
Health Care (8.4%):
Addus Homecare Corp.(a)		559		52,831
Anika Therapeutics, Inc.(a)		1,550		54,855
Atrion Corp.		126		78,876
Biolife Solutions, Inc.(a)		3,187		92,233
Biospecifics Technologies Corp.(a)		1,312		69,313
Biotelemetry, Inc.(a)		1,398		63,721
Computer Programs & Systems		2,540		70,129
CONMED Corp.		708		55,698
Corcept Therapeutics, Inc.(a)		4,958		86,293
CorVel Corp.(a)		871		74,410
Enanta Pharmaceuticals, Inc.(a)		1,356		62,078
Ensign Group, Inc.		1,150		65,619
Healthstream, Inc.(a)		3,458		69,402
HMS Holdings Corp.(a)		2,642		63,276
Innoviva, Inc.(a)		5,315		55,542
Integer Holdings Corp.(a)		818		48,270
Iradimed Corp.(a)		2,803		59,928
Lantheus Holdings, Inc.(a)		4,181		52,973
Lemaitre Vascular, Inc.		2,514		81,780
Magellan Health, Inc.(a)		791		59,942
Meridian Bioscience, Inc.(a)		2,972		50,465
National Healthcare Corp.		1,404		87,483
National Research Corp.		1,038		51,080
Nextgen Healthcare, Inc.(a)		3,775		48,094
Phibro Animal Health Corp., Class A		2,324		40,438
Simulations Plus, Inc.		1,338		100,832
Staar Surgical Co.(a)		1,474		83,369
Supernus Pharmaceuticals, Inc.(a)		2,445		50,954
Surmodics, Inc.(a)		1,552		60,388
Tactile Systems Technology, Inc.(a)		1,561		57,117

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Health Care (8.4%): (continued)
The Joint Corp.(a)		3,112		54,118
Triple-S Management Corp., Class B(a)		2,634		47,070
U.S. Physical Therapy, Inc.		656		56,993
Zynex, Inc.(a)		1,844		32,178
				2,137,748
Industrials (25.8%):
AAON, Inc.		1,249		75,252
ABM Industries, Inc.		2,100		76,986
Alamo Group, Inc.		638		68,923
Albany International Corp.		945		46,787
Allegiant Travel Co.		388		46,483
Allied Motion Technologies, Inc.		1,362		56,223
Altra Industrial Motion Corp.		1,530		56,564
Ameresco, Inc.(a)		2,669		89,145
American Woodmark Corp.(a)		593		46,574
Applied Industrial Technologies, Inc.		948		52,235
Arcosa, Inc.		1,575		69,442
ASGN, Inc.(a)		986		62,670
Atkore International Group, Inc.(a)		1,512		34,368
AZZ, Inc.		1,905		64,999
Barnes Group, Inc.		1,228		43,889
BMC Stock Holdings, Inc.(a)		2,576		110,330
Brady Corp.		1,534		61,391
Builders FirstSource, Inc.(a)		2,107		68,730
Chart Industries, Inc.(a)		883		62,048
Columbus McKinnon Corp.		1,774		58,719
Comfort Systems USA, Inc.		1,508		77,677
Construction Partners, Inc., Class A(a)		3,241		58,986
CSW Industrials, Inc.		1,122		86,675
Ducommon, Inc.(a)		1,147		37,759
DXP Enterprise, Inc.(a)		2,407		38,825
Echo Global Logistics, Inc.(a)		3,022		77,877
Encore Wire Corp.		1,578		73,251
EnerSys		890		59,737
Ennis, Inc.		4,844		84,479
ESCO Technologies, Inc.		890		71,698
Evoqua Water Technologies Corp.(a)		2,502		53,092
Federal Signal Corp.		2,668		78,038
Forward Air Corp.		1,587		91,062
Foundation Building Materials, Inc.(a)		3,240		50,933
Franklin Electric Co.		1,318		77,538
GATX Corp.		1,113		70,954
Gibraltar Industries, Inc.(a)		1,460		95,105
GMS, Inc.(a)		2,083		50,200
Gorman-Rupp Co.		2,143		63,133
GrafTech International, Ltd.		6,187		42,319
Great Lakes Dredge & Dock Corp.(a)		7,531		71,620

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Industrials (25.8%): (continued)
H&E Equipment Services, Inc.		2,753		54,124
Healthcare Services Group		2,390		51,457
Heartland Express, Inc.		4,853		90,266
Heidrick & Struggles International, Inc.		3,329		65,415
Helios Technologies, Inc.		1,539		56,020
HNI Corp.		2,035		63,858
Hub Group, Inc., Class A(a)		1,724		86,536
Hyster-Yale Materials Handling, Inc.		1,483		55,093
ICF International, Inc.		1,130		69,529
Insperity, Inc.		727		47,611
Interface, Inc.		5,364		32,828
Jeld-Wen Holding, Inc.(a)		2,486		56,184
Kadant, Inc.		648		71,034
Kaman Corp.		1,388		54,090
KAR Auction Services, Inc.		3,481		50,126
Kimball International, Inc.		5,098		53,733
Knoll, Inc.		4,570		55,114
Korn Ferry		2,149		62,321
Kratos Defense & Security Solutions, Inc.(a)		3,202		61,735
Marten Transport Ltd.		4,239		69,180
Matson, Inc.		2,208		88,519
McGrath Rentcorp		1,163		69,303
Meritor, Inc.(a)		2,703		56,601
Mesa Air Group, Inc.(a)		9,281		27,379
Miller Herman, Inc.		2,282		68,825
Moog, Inc.		948		60,226
Mueller Industries, Inc.		2,182		59,045
Mueller Water Products, Inc., Class A		7,417		77,063
MYR Group, Inc.(a)		1,797		66,812
National Presto Industries, Inc.		1,009		82,597
NV5 Global, Inc.(a)		959		50,606
Patrick Industries, Inc.		693		39,861
PGT Innovations, Inc.(a)		3,316		58,096
Powell Industries, Inc.		1,867		45,051
Primoris Services Corp.		3,021		54,499
Proto Labs, Inc.(a)		600		77,699
Raven Industries, Inc.		2,946		63,398
Resources Connection, Inc.		6,502		75,098
Rush Enterprises, Inc., Class A		1,811		91,528
Saia, Inc.(a)		578		72,909
SkyWest, Inc.		947		28,277
SP Plus Corp.(a)		2,382		42,757
Spirit Airlines, Inc.(a)		1,801		28,996
SPX Corp.(a)		1,549		71,843
Standex International Corp.		1,088		64,410
Steelcase, Inc., Class A		4,273		43,200
Sterling Construction Co., Inc.(a)		5,541		78,461
Tennant Co.		1,044		63,016

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Industrials (25.8%): (continued)
The Greenbrier Cos., Inc.		2,201		64,709
The Shyft Group, Inc.		3,154		59,548
Thermon Group Holdings, Inc.(a)		4,128		46,357
TriMas Corp.(a)		3,211		73,211
Trinity Industries, Inc.		3,235		63,083
Triton International Ltd.		2,444		99,397
TrueBlue, Inc.(a)		5,434		84,173
UFP Industries, Inc.		1,312		74,141
Valmont Industries, Inc.		726		90,154
Vectrus, Inc.(a)		1,220		46,360
Vicor Corp.(a)		839		65,215
Wabash National Corp.		6,247		74,714
Werner Enterprises, Inc.		2,346		98,509
WESCO International, Inc.(a)		1,240		54,585
				6,569,201
Information Technology (11.3%):
ACM Research, Inc., Class A(a)		615		42,497
Advanced Energy Industries, Inc.(a)		792		49,848
Alarm.com Holdings, Inc.(a)		1,277		70,554
American Software, Inc., Class A		3,123		43,847
Axcelis Technologies, Inc.(a)		1,918		42,196
Badger Meter, Inc.		1,057		69,096
Brooks Automation, Inc.		1,483		68,604
Cass Information Systems, Inc.		1,762		70,903
Comtech Telecommunications Corp.		2,971		41,594
CSG Systems International, Inc.		2,175		89,066
CTS Corp.		3,165		69,725
Digi International, Inc.(a)		4,536		70,898
Diodes, Inc.(a)		1,385		78,183
Ebix, Inc.		1,415		29,149
eplus, Inc.(a)		815		59,658
Evertec, Inc.		2,472		85,803
Exlservice Holdings, Inc.(a)		1,045		68,939
Fabrinet(a)		1,302		82,065
FormFactor, Inc.(a)		2,506		62,475
Greensky, Inc.(a)		8,370		37,163
Ichor Holding Ltd.(a)		1,878		40,508
Insight Enterprises, Inc.(a)		1,355		76,666
Intelligent Systems Corp.(a)		2,005		78,155
Lattice Semiconductor(a)		2,330		67,477
Methode Electronics, Inc.		2,204		62,814
MTS Systems Corp.		2,302		43,991
Napco SEC System, Inc.(a)		2,311		54,309
NIC, Inc.		3,672		72,338
OSI Systems, Inc.(a)		1,159		89,951
Paysign, Inc.(a)		5,548		31,513
PC Connection, Inc.		1,491		61,220

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Information Technology (11.3%): (continued)
Perficient, Inc.(a)		1,341		57,314
Photronics, Inc.(a)		5,088		50,676
Plexus Corp.(a)		1,036		73,173
Power Integrations, Inc.		1,141		63,211
ScanSource, Inc.(a)		2,280		45,212
Semtech Corp.(a)		1,105		58,521
Smart Global Holdings, Inc.(a)		1,809		49,458
Smith Micro Software, Inc.(a)		11,609		43,302
SPS Commerce, Inc.(a)		1,132		88,148
Sykes Enterprises, Inc.(a)		2,583		88,364
The Hackett Group, Inc.		4,620		51,652
Ttec Holdings, Inc.		1,544		84,225
Verra Mobility Corp.(a)		4,735		45,740
Virtusa Corp.(a)		1,574		77,378
Vishay Intertechnology, Inc.		4,069		63,354
Vishay Precision Group, Inc.(a)		3,017		76,390
				2,927,323
Materials (6.3%):
Allegheny Technologies, Inc.(a)		4,143		36,127
American Vanguard Corp.		4,729		62,139
Avient Corp.		1,745		46,173
Boise Cascade Co.		1,753		69,980
Cabot Corp.		1,643		59,197
Carpenter Technology Corp.		1,927		34,994
Chase Corp.		512		48,845
Commercial Metals Co.		3,296		65,854
Futurefuel Corp.		5,846		66,469
GCP Applied Technologies(a)		3,158		66,160
Gold Resource Corp.		12,042		41,063
Greif, Inc., Class A		1,779		64,417
H.B. Fuller Co.		1,693		77,506
Haynes International, Inc.		3,447		58,909
Ingevity Corp.(a)		1,056		52,209
Innospec, Inc.		835		52,872
Koppers Holdings, Inc.(a)		2,025		42,343
Kronos Worldwide, Inc.		6,704		86,214
Materion Corp.		1,088		56,609
Minerals Technologies, Inc.		1,214		62,035
Myers Industries, Inc.		3,260		43,130
Neenah, Inc.		1,340		50,210
PQ Group Holdings, Inc.(a)		5,092		52,244
Ryerson Holding Corp.(a)		9,349		53,570
Stepan Co.		697		75,973
Tredegar Corp.		3,574		53,145
Trinseo SA		2,332		59,792
Warrior Met Coal, Inc.		2,870		49,020
				1,587,199

	Schedule of Portfolio Investments (concluded)
	September 30, 2020
Timothy Plan US Small Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Real Estate (0.2%):
Marcus & Millichap, Inc.(a)		2,035		56,003
				56,003
Utilities (1.7%):
American States Water Co.		874		65,506
Chesapeake Utilities Corp.		851		71,739
MGE Energy, Inc.		945		59,213
Middlesex Water Co.		1,065		66,190
Otter Tail Corp.		1,486		53,749
The York Water Co.		1,430		60,446
Unitil Corp.		1,477		57,071
				433,914
Total Common Stocks (Cost $27,271,063)				25,368,503
Total Investments (Cost $27,271,063) – 99.6%				25,368,503
Other assets in excess of liabilities – 0.4%				98,081
NET ASSETS - 100.00%				25,466,584

Percentages indicated are based on net assets as of September 30, 2020.

(a) Non-income producing security.

Futures Contracts

Long Futures

Index Futures	Expiration Date	Number of Contracts		Notional Amount	Value and Unrealized Appreciation/ (Depreciation)
Russell 2000 Mini Index December Future (U.S. Dolllar)	12/18/20		1	$            75,220	$	(812	)
					$	(812	)

	Schedule of Portfolio Investments
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Common Stocks (99.7%)
Communication Services (0.3%):
Cable One, Inc.		263		495,868
				495,868
Consumer Discretionary (8.7%):
Aptiv PLC		3,734		342,333
AutoZone, Inc.(a)		421		495,786
BorgWarner, Inc.		12,476		483,320
Bright Horizons Family Solutions, Inc.(a)		2,751		418,262
Burlington Stores, Inc.(a)		1,735		357,566
CarMax, Inc.(a)		3,914		359,736
Columbia Sportswear Co.		5,525		480,565
Dollar General Corp.		3,593		753,164
Dollar Tree, Inc.(a)		4,678		427,289
Domino’s Pizza, Inc.		1,195		508,210
Dr Horton, Inc.		6,758		511,107
Dunkin’ Brands Group, Inc.		5,497		450,259
Garmin Ltd.		5,891		558,820
Gentex Corp.		19,230		495,173
Genuine Parts Co.		4,540		432,072
Kohl’s Corp.		9,974		184,818
Lear Corp.		3,179		346,670
Lennar Corp.		5,182		423,266
LKQ Corp.(a)		11,779		326,632
Mohawk Industries, Inc.(a)		3,097		302,236
NVR, Inc.(a)		105		428,728
O’Reilly Automotive, Inc.(a)		1,102		508,110
Planet Fitness, Inc., Class A(a)		3,771		232,369
Pool Corp.		1,817		607,859
Pultegroup, Inc.		9,263		428,784
Ross Stores, Inc.		4,120		384,478
Service Corp. International		12,912		544,628
Tapestry, Inc.		17,523		273,884
Tractor Supply Co.		4,452		638,151
Yum China Holdings, Inc.		11,096		587,533
				13,291,808
Consumer Staples (4.3%):
Casey’s General Stores, Inc.		2,994		531,884
Conagra Brands, Inc.		15,868		566,646
Costco Wholesale Corp.		2,355		836,025
Hormel Foods Corp.		14,150		691,794
Ingredion, Inc.		5,715		432,511
Lamb Weston Holding, Inc.		5,933		393,180
McCormick & Co., Inc.		3,103		602,292
Monster Beverage Corp.(a)		8,477		679,855
Sysco Corp.		5,701		354,716
The JM Smucker Co.		6,088		703,286
Tyson Foods, Inc., Class A		6,679		397,267

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES	VALUE ($)
Consumer Staples (4.3%): (continued)
US Foods Holding Corp.(a)	12,071	268,218
		6,457,674
Energy (1.6%):
Cabot Oil & Gas Corp.	20,118	349,249
ConocoPhillips	6,754	221,801
Continental Resources, Inc.	11,103	136,345
EOG Resources, Inc.	5,606	201,480
HollyFrontier Corp.	9,488	187,008
Kinder Morgan, Inc.	24,162	297,917
ONEOK, Inc.	6,691	173,832
Phillips 66	4,381	227,111
The Williams Cos., Inc.	17,385	341,616
Valero Energy Corp.	4,673	202,434
		2,338,793
Financials (11.6%):
Aflac, Inc.	9,676	351,723
Alleghany Corp.	809	421,044
American Financial Group, Inc.	4,760	318,825
Arch Capital Group Ltd.(a)	12,070	353,048
Ares Management Corp., Class A	9,543	385,728
Arthur J Gallagher & Co.	5,150	543,737
Athene Holding, Ltd., Class A(a)	8,066	274,889
BlackRock, Inc.	782	440,696
Brown & Brown, Inc.	12,859	582,127
CBOE Global Markets, Inc.	4,817	422,644
Cincinnati Financial Corp.	6,161	480,373
Commerce Bancshares, Inc.	7,070	397,970
Credit Acceptance Corp.(a)	756	256,012
East West BanCorp, Inc.	9,269	303,467
Everest Re Group, Ltd.	1,987	392,512
FactSet Research Systems, Inc.	1,615	540,831
First American Financial Corp.	7,669	390,429
First Republic Bank/CA	3,973	433,296
Franklin Resources, Inc.	19,018	387,016
Globe Life, Inc.	5,242	418,836
Intercontinental Exchange, Inc.	5,627	562,981
Invesco Ltd.	28,150	321,192
Jefferies Financial Group, Inc.	24,383	438,894
LPL Financial Holdings, Inc.	3,844	294,719
Markel Corp.(a)	425	413,823
MarketAxess Holdings, Inc.	895	431,023
Morningstar, Inc.	4,343	697,530
MSCI, Inc.	1,235	440,623
Nasdaq, Inc.	4,083	501,025
Old Republic International Corp.	24,241	357,312

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Financials (11.6%): (continued)
People’s United Financial, Inc.		30,075		310,073
Principal Financial Group, Inc.		7,819		314,871
Prosperity Bancshares, Inc.		5,685		294,654
Reinsurance Group of America, Inc.		3,554		338,305
Renaissancere Holdings, Ltd.		2,669		453,036
Santander Consumer USA Holdings, Inc.		14,244		259,098
SEI Investments Co.		8,132		412,455
Signature Bank		3,161		262,331
SVB Financial Group(a)		1,490		358,524
TCF Financial Corp.		8,373		195,593
The Charles Schwab Corp.		10,522		381,212
Tradeweb Markets, Inc., Class A		7,737		448,746
Voya Financial, Inc.		8,954		429,165
WR Berkley Corp.		7,463		456,362
				17,468,750
Health Care (16.3%):
ABIOMED, Inc.(a)		1,624		449,945
Agilent Technologies, Inc.		6,389		644,906
Alexion Pharmaceuticals, Inc.(a)		4,711		539,080
Align Technology, Inc.(a)		1,306		427,532
Amedisys, Inc.(a)		2,338		552,774
Amgen, Inc.		2,604		661,832
Baxter International, Inc.		6,281		505,118
Bruker Corp.		9,981		396,745
Centene Corp.(a)		6,012		350,680
Cerner Corp.		10,413		752,756
Charles River Laboratories International, Inc.(a)		2,299		520,609
Chemed Corp.		1,111		533,669
Danaher Corp.		3,629		781,433
DaVita, Inc.(a)		6,182		529,488
DENTSPLY Sirona, Inc.		11,116		486,103
Edwards Lifesciences Corp.(a)		7,067		564,088
Encompass Health Corp.		7,189		467,141
Exelixis, Inc.(a)		16,606		406,017
Henry Schein, Inc.(a)		9,038		531,254
Hill-Rom Holdings, Inc.		5,127		428,156
Humana, Inc.		1,017		420,926
IDEXX Laboratories, Inc.(a)		1,761		692,267
Illumina, Inc.(a)		1,425		440,439
Incyte Corp.(a)		5,990		537,543
Insulet Corp.(a)		2,510		593,841
Intuitive Surgical, Inc.(a)		819		581,113
IQVIA Holdings, Inc.(a)		2,902		457,442
Jazz Pharmaceuticals PLC(a)		4,675		666,608
Masimo Corp.(a)		2,857		674,423
Mettler-Toledo International(a)		658		635,464

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Health Care (16.3%): (continued)
Molina Healthcare, Inc.(a)		2,280		417,331
Penumbra, Inc.(a)		2,622		509,664
PerkinElmer, Inc.		6,178		775,400
PRA Health Sciences, Inc.(a)		4,067		412,556
Regeneron Pharmaceuticals, Inc.(a)		855		478,612
ResMed, Inc.		2,537		434,918
Stryker Corp.		2,236		465,915
Teleflex, Inc.		1,298		441,865
Varian Medical Systems, Inc.(a)		3,949		679,228
Veeva Systems, Inc.(a)		2,107		592,467
Vertex Pharamaceuticals, Inc.(a)		1,895		515,667
Waters Corp.(a)		2,903		568,059
West Pharmaceutical Services, Inc.		2,758		758,174
Zimmer Biomet Holdings, Inc.		3,440		468,322
Zoetis, Inc.		3,822		632,044
				24,379,614
Industrials (23.3%):
Allegion PLC		4,591		454,096
AMERCO, Inc.		1,415		503,712
Ametek, Inc.		4,948		491,831
AO Smith Corp.		11,903		628,478
Carlisle Companies, Inc.		3,592		439,553
Caterpillar, Inc.		3,863		576,166
CH Robinson Worldwide, Inc.		7,742		791,155
Cintas Corp.		1,468		488,594
Copart, Inc.(a)		5,375		565,235
Costar Group, Inc.(a)		724		614,321
CSX Corp.		6,217		482,874
Deere & Co.		2,900		642,727
Donaldson Co., Inc.		10,466		485,832
Dover Corp.		4,429		479,838
Eaton Corp. PLC		4,492		458,319
Emerson Electric Co.		6,251		409,878
Enphase Energy, Inc.(a)		4,069		336,059
Expeditors International of Washington, Inc.		8,569		775,666
Fastenal Co.		11,696		527,373
Fortive Corp.		6,891		525,163
Fortune Brands Home & Security, Inc.		6,091		526,993
Generac Holdings, Inc.(a)		3,784		732,734
General Dynamics Corp.		3,524		487,827
Graco, Inc.		10,070		617,795
HD Supply Holdings, Inc.(a)		11,141		459,455
HEICO Corp.		3,333		348,832
Honeywell International, Inc.		3,203		527,246
Hubbell, Inc.		3,543		484,824
Huntington Ingalls Industries, Inc.		2,642		371,862

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Industrials (23.3%): (continued)
IDEX Corp.		3,559		649,197
Illinois Tool Works, Inc.		2,799		540,795
Ingersoll-Rand, Inc.(a)		12,985		462,266
J.B. Hunt Transport Services, Inc.		4,438		560,874
Kansas City Southern		2,765		499,995
Knight-Swift Transportation Holdings, Inc.		13,126		534,228
Lennox International, Inc.		2,385		650,176
Masco Corp.		10,697		589,726
Middleby Corp.(a)		4,492		402,977
Nordson Corp.		2,147		411,838
Norfolk Southern Corp.		2,333		499,239
Old Dominion Freight Line, Inc.		3,045		550,901
Owens Corning		6,788		467,082
PACCAR, Inc.		7,687		655,547
Parker Hannifin Corp.		1,874		379,185
Quanta Services, Inc.		11,797		623,589
Republic Services, Inc.		7,129		665,492
Robert Half International, Inc.		8,766		464,072
Rockwell Automation, Inc.		1,872		413,113
Rollins, Inc.		14,151		766,843
Roper Technologies, Inc.		1,279		505,346
Snap-on, Inc.		3,240		476,701
Spirit Aerosystems Holdings, Inc.		7,843		148,311
Teledyne Technologies, Inc.(a)		1,204		373,493
Toro Co.		8,183		686,963
Trane Technologies PLC		5,180		628,075
TransDigm Group, Inc.		633		300,751
Transunion		5,107		429,652
Trex CO., Inc.(a)		5,742		411,127
Union Pacific Corp.		2,896		570,136
United Rentals, Inc.(a)		2,131		371,860
Verisk Analytics, Inc.		3,204		593,733
Waste Management, Inc.		5,613		635,223
Watsco, Inc.		3,645		848,883
Woodward, Inc.		4,019		322,163
WW Grainger, Inc.		1,542		550,139
XPO Logistics, Inc.(a)		3,948		334,238
Xylem, Inc.		6,813		573,110
				34,781,477
Information Technology (18.8%):
Advanced Micro Devices, Inc.(a)		7,093		581,556
Akamai Technologies, Inc.(a)		5,665		626,209
Amphenol Corp.		5,259		569,393
Analog Devices, Inc.		3,302		385,475
ANSYS, Inc.(a)		1,664		544,511
Arista Networks, Inc.(a)		1,734		358,817

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Information Technology (18.8%): (continued)
Aspen Technology, Inc.(a)		4,534		573,959
Black Knight, Inc.(a)		8,269		719,816
Broadcom, Inc.		1,284		467,787
CACI International, Inc.(a)		1,940		413,530
Cadence Design Systems, Inc.(a)		4,994		532,510
CDW Corp.		3,689		440,946
Ciena Corp.(a)		7,932		314,821
Citrix Systems, Inc.		4,000		550,840
Cognex Corp.		6,324		411,692
Cognizant Technology Solutions Corp.		7,637		530,161
Dolby Laboratories, Inc.		7,408		491,002
Entegris, Inc.		6,728		500,160
EPAM Systems, Inc.(a)		1,564		505,610
Euronet Worldwide, Inc.(a)		3,487		317,666
F5 Networks, Inc.(a)		3,790		465,298
Fair Isaac Corp.(a)		814		346,259
Fiserv, Inc.(a)		4,455		459,088
Fleetcor Technologies, Inc.(a)		1,595		379,770
FLIR Systems, Inc.		8,951		320,893
Fortinet, Inc.(a)		2,937		346,008
Gartner, Inc.(a)		3,683		460,191
Genpact Ltd.		11,752		457,740
Jack Henry & Associates, Inc.		3,244		527,442
Juniper Networks, Inc.		24,461		525,911
Keysight Technologies, Inc.(a)		4,722		466,439
KLA Corp.		1,798		348,345
Lam Research Corp.		1,099		364,593
Maxim Integrated Products, Inc.		8,213		555,281
Microchip Technology, Inc.		3,345		343,732
Micron Technology, Inc.(a)		7,055		331,303
MKS Instruments, Inc.		3,061		334,353
Monolithic Power Systems, Inc.		1,576		440,665
NetApp, Inc.		10,031		439,759
NVIDIA Corp.		1,019		551,503
Paychex, Inc.		5,681		453,173
Paycom Software, Inc.(a)		1,030		320,639
Paylocity Holding Corp.(a)		2,785		449,555
Qorvo, Inc.(a)		3,234		417,218
RealPage, Inc.(a)		7,443		429,015
Seagate Technology PLC		9,584		472,204
Skyworks Solutions, Inc.		2,886		419,913
Ssnc Technologies Holdings, Inc.		7,499		453,839
SYNNEX Corp.		3,484		487,969
Synopsys, Inc.(a)		2,799		598,930
TE Connectivity Ltd.		5,409		528,676
Teradyne, Inc.		5,529		439,334
The Trade Desk, Inc.(a)		788		408,799

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Information Technology (18.8%): (continued)
Trimble, Inc.(a)		9,181		447,115
Tyler Technologies, Inc.(a)		1,783		621,482
Ubiquiti, Inc.		1,854		308,988
Universal Display Corp.		2,380		430,161
VeriSign, Inc.(a)		2,467		505,365
Western Union Co.		22,521		482,625
Wex, Inc.(a)		1,698		235,971
Xilinx, Inc.		5,014		522,659
Zebra Technologies Corp.(a)		1,597		403,179
				28,137,843
Materials (7.3%):
Albemarle Corp.		4,554		406,581
AptarGroup, Inc.		5,655		640,147
Axalta Coating Systems, Ltd.(a)		16,791		372,256
Ball Corp.		7,362		611,929
Celanese Corp.		4,358		468,267
CF Industries Holdings, Inc.		12,591		386,670
Crown Holdings, Inc.(a)		6,109		469,538
Eastman Chemical Co.		5,992		468,095
Ecolab, Inc.		2,122		424,060
International Flavors & Fragrances, Inc.		3,690		451,841
International Paper Co.		11,678		473,426
LyondellBasell Industries N.V., Class A		4,565		321,787
Martin Marietta Materials, Inc.		1,960		461,306
Nucor Corp.		10,478		470,043
Packaging Corp. of America		4,629		504,792
PPG Industries, Inc.		4,728		577,194
Reliance Steel & Aluminum Co.		4,584		467,751
Royal Gold, Inc.		2,954		354,982
RPM International, Inc.		6,225		515,679
Sherwin-Williams Co.		850		592,230
Steel Dynamics, Inc.		12,828		367,266
Vulcan Materials Co.		3,597		487,537
Westlake Chemical Corp.		5,550		350,871
Westrock Co.		11,419		396,696
				11,040,944
Utilities (7.5%):
Alliant Energy Corp.		10,767		556,115
Ameren Corp.		6,364		503,265
American Electric Power Co., Inc.		6,445		526,750
American Water Works Co., Inc.		3,590		520,119
Atmos Energy Corp.		4,833		461,986
CenterPoint Energy, Inc.		18,747		362,754
CMS Energy Corp.		8,746		537,092
Consolidated Edison, Inc.		6,461		502,666

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan US Large/Mid Cap Core ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Utilities (7.5%): (continued)
DTE Energy Co.		4,040		464,762
Entergy Corp.		4,471		440,528
Essential Utilities, Inc.		9,317		375,009
Evergy, Inc.		6,862		348,727
Eversource Energy		5,142		429,614
MDU Resources Group, Inc.		17,215		387,338
NextEra Energy, Inc.		1,960		544,018
NRG Energy, Inc.		12,772		392,612
OGE Energy Corp.		15,577		467,154
Pinnacle West Capital Corp.		6,062		451,922
PPL Corp.		16,365		445,292
Public Service Enterprise Group, Inc.		10,489		575,950
The Southern Co.		7,554		409,578
Vistra Corp.		20,277		382,424
WEC Energy Group		5,054		489,733
Xcel Energy, Inc.		7,962		549,457
				11,124,865
Total Common Stocks (Cost $141,844,630)				149,517,636
Total Investments (Cost $141,844,630) — 99.7%				149,517,636
Other assets in excess of liabilities — 0.3%				389,438
NET ASSETS—100.00%				149,907,074

Percentages indicated are based on net assets as of September 30, 2020.

(a) Non-income producing security.

Futures Contracts

Long Futures

Index Futures	Expiration Date	Number of Contracts	Notional Amount		Value and Unrealized Appreciation/ (Depreciation)
S&P 500 Index E-mini December Future (U.S. Dollar)	12/18/20	2	$	335,200	$	(4,466	)
					$	(4,466	)

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan High Dividend Stock ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Common Stocks (99.5%)
Consumer Discretionary (5.2%):
BorgWarner, Inc.		31,462		1,218,838
Garmin Ltd.		14,858		1,409,429
Genuine Parts Co.		11,453		1,089,982
Kohl’s Corp.		25,154		466,104
Lear Corp.		8,016		874,145
Tapestry, Inc.		44,193		690,737
				5,749,235
Consumer Staples (5.7%):
Conagra Brands, Inc.		40,023		1,429,221
Ingredion, Inc.		14,414		1,090,852
Sysco Corp.		14,379		894,661
The JM Smucker Co.		15,352		1,773,463
Tyson Foods, Inc., Class A		16,848		1,002,119
				6,190,316
Energy (4.3%):
ConocoPhillips		17,033		559,364
EOG Resources, Inc.		14,140		508,192
HollyFrontier Corp.		23,930		471,660
Kinder Morgan, Inc.		60,939		751,378
ONEOK, Inc.		16,877		438,464
Phillips 66		11,048		572,728
The Williams Cos., Inc.		43,847		861,593
Valero Energy Corp.		11,786		510,570
				4,673,949
Financials (17.3%):
Aflac, Inc.		24,400		886,940
Alleghany Corp.		2,040		1,061,718
American Financial Group, Inc.		12,008		804,296
Ares Management Corp., Class A		24,066		972,748
BlackRock, Inc.		1,973		1,111,883
Cincinnati Financial Corp.		15,539		1,211,576
East West BanCorp, Inc.		23,378		765,396
Everest Re Group, Ltd.		5,012		990,070
First American Financial Corp.		19,340		984,599
Franklin Resources, Inc.		47,965		976,088
Invesco Ltd.		70,994		810,042
Jefferies Financial Group, Inc.		61,500		1,107,000
Old Republic International Corp.		61,137		901,159
People’s United Financial, Inc.		75,854		782,055
Principal Financial Group, Inc.		19,722		794,205
Prosperity Bancshares, Inc.		14,340		743,242
Reinsurance Group of America, Inc.		8,964		853,283
Santander Consumer USA Holdings, Inc.		35,922		653,421
Signature Bank		7,971		661,513
TCF Financial Corp.		21,117		493,293

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan High Dividend Stock ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Financials (17.3%): (continued)
WR Berkley Corp.		18,824		1,151,088
				18,715,615
Health Care (1.5%):
Amgen, Inc.		6,566		1,668,815
				1,668,815
Industrials (21.1%):
Caterpillar, Inc.		9,741		1,452,870
CH Robinson Worldwide, Inc.		19,526		1,995,362
Dover Corp.		11,174		1,210,591
Eaton Corp. PLC		11,328		1,155,796
Emerson Electric Co.		15,766		1,033,777
Fastenal Co.		29,496		1,329,975
General Dynamics Corp.		8,885		1,229,950
Honeywell International, Inc.		8,079		1,329,884
Hubbell, Inc.		8,936		1,222,802
Illinois Tool Works, Inc.		7,058		1,363,676
Norfolk Southern Corp.		5,884		1,259,117
PACCAR, Inc.		19,389		1,653,495
Robert Half International, Inc.		22,109		1,170,450
Snap-on, Inc.		8,172		1,202,346
TransDigm Group, Inc.		1,599		759,717
Union Pacific Corp.		7,304		1,437,939
Watsco, Inc.		9,195		2,141,423
				22,949,170
Information Technology (10.0%):
Analog Devices, Inc.		8,326		971,977
Broadcom, Inc.		3,235		1,178,575
Juniper Networks, Inc.		61,689		1,326,314
Maxim Integrated Products, Inc.		20,712		1,400,339
NetApp, Inc.		25,300		1,109,152
Paychex, Inc.		14,328		1,142,945
Seagate Technology PLC		24,173		1,191,004
TE Connectivity Ltd.		13,640		1,333,174
Western Union Co.		56,800		1,217,224
				10,870,704
Materials (11.8%):
Celanese Corp.		10,993		1,181,197
CF Industries Holdings, Inc.		31,752		975,104
Eastman Chemical Co.		15,113		1,180,628
International Flavors & Fragrances, Inc.		9,307		1,139,642
International Paper Co.		29,450		1,193,903
LyondellBasell Industries N.V., Class A		11,514		811,622
Nucor Corp.		26,429		1,185,606
Packaging Corp. of America		11,673		1,272,940

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan High Dividend Stock ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Materials (11.8%): (continued)
Reliance Steel & Aluminum Co.		11,561		1,179,684
Steel Dynamics, Inc.		32,356		926,352
Westlake Chemical Corp.		14,000		885,080
Westrock Co.		28,801		1,000,547
				12,932,305
Utilities (22.6%):
Alliant Energy Corp.		27,155		1,402,556
Ameren Corp.		16,051		1,269,313
American Electric Power Co., Inc.		16,257		1,328,685
Atmos Energy Corp.		12,188		1,165,051
CenterPoint Energy, Inc.		47,280		914,868
CMS Energy Corp.		22,056		1,354,459
Consolidated Edison, Inc.		16,296		1,267,829
DTE Energy Co.		10,187		1,171,912
Entergy Corp.		11,276		1,111,024
Essential Utilities, Inc.		23,498		945,795
Evergy, Inc.		17,305		879,440
Eversource Energy		12,969		1,083,560
MDU Resources Group, Inc.		43,418		976,905
OGE Energy Corp.		39,286		1,178,187
Pinnacle West Capital Corp.		15,288		1,139,720
PPL Corp.		41,272		1,123,011
Public Service Enterprise Group, Inc.		26,454		1,452,590
The Southern Co.		19,051		1,032,945
Vistra Corp.		51,141		964,519
WEC Energy Group		12,747		1,235,184
Xcel Energy, Inc.		20,079		1,385,652
				24,383,205
Total Common Stocks (Cost $112,921,143)				108,133,314
Total Investments (Cost $112,921,143) — 99.5%				108,133,314
Other assets in excess of liabilities — 0.5%				572,678
NET ASSETS—100.00%				108,705,992

Percentages indicated are based on net assets as of September 30, 2020.

Futures Contracts

Long Futures

Index Futures	Expiration Date	Number of Contracts		Notional Amount	Value and Unrealized Appreciation/ (Depreciation)
S&P 500 Index E-mini December Future (U.S. Dollar)	12/18/20		3	$502,800	$	(5,407	)
					$	(5,407	)

	Schedule of Portfolio Investments
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Common Stocks (99.3%)
Australia (5.7%):
Communication Services (0.5%):
Rea Group Ltd.		1,216		95,760
Telstra Corp. Ltd.		63,900		127,210
				222,970
Consumer Staples (0.9%):
Coles Group, Ltd.		12,258		149,226
Wesfarmers Ltd.		4,009		127,523
Woolworths Group Ltd.		5,719		149,195
				425,944
Energy (0.3%):
Origin Energy Ltd.		23,476		72,288
Santos Ltd.		18,066		63,133
				135,421
Financials (1.3%):
ASX Ltd.		2,294		133,094
Commonwealth Bank of Australia		2,276		103,675
Insurance Australia Group Ltd.		30,968		97,132
National Australia Bank Ltd.		7,431		94,454
Suncorp Group Ltd.		16,294		98,596
Westpac Banking Corp.		7,830		94,423
				621,374
Health Care (0.9%):
Cochlear Ltd.		670		94,998
CSL Ltd.		533		109,543
Ramsay Health Care Ltd.		2,110		99,845
Sonic Healthcare Ltd.		5,687		135,043
				439,429
Industrials (0.3%):
Brambles Ltd.		17,021		127,860
				127,860
Materials (1.2%):
BHP Group Ltd.		4,373		111,482
BHP Group PLC		4,276		91,232
Fortescue Metals Group Ltd.		8,916		104,071
Newcrest Mining Ltd.		4,441		99,350
Rio Tinto Ltd.		1,963		132,586
				538,721
Utilities (0.3%):
AGL Energy Ltd.		13,004		126,832
				126,832
				2,638,551
Austria (0.3%):
Energy (0.1%):
OMV AG (a)		2,186		59,966
				59,966
Financials (0.2%):
Erste Group Bank AG (a)		3,532		74,013
				74,013
				133,979

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Belgium (0.3%):
Financials (0.1%):
KBC Group N.V.		1,494		74,943
				74,943
Materials (0.2%):
Umicore		2,029		84,560
				84,560
				159,503
Bermuda (0.3%):
Industrials (0.3%):
Jardine Matheson Holdings Ltd.		2,900		115,072
				115,072
				115,072
Canada (7.6%):
Consumer Discretionary (0.3%):
Dollarama, Inc.		3,673		140,807
				140,807
Consumer Staples (1.3%):
Alimentation Couche-Tard, Inc.		3,802		132,416
Loblaw Cos. Ltd.		2,721		142,508
Metro, Inc.		3,932		188,685
Saputo, Inc.		5,605		140,609
				604,218
Energy (0.8%):
Canadian Natural Resources, Ltd.		3,129		50,152
Cenovus Energy, Inc.		10,188		39,715
Enbridge, Inc.		2,881		84,175
Imperial Oil Ltd.		4,076		48,799
Pembina Pipelines Corp.		2,122		45,041
TC Energy Corp.		2,005		84,182
				352,064
Financials (1.3%):
Canadian Imperial Bank of Commerce		1,378		103,014
Fairfax Financial Holdings, Ltd.		329		96,891
Great-West Lifeco, Inc.		5,076		99,202
Intact Financial Corp.		1,232		131,935
National Bank of Canada		1,841		91,456
Power Corp. of Canada		4,263		83,537
				606,035
Industrials (1.0%):
CAE, Inc.		3,828		56,009
Canadian National Railway Co.		1,473		156,892
Canadian Pacific Railway Ltd.		421		128,080
WSP Global, Inc.		1,927		126,556
				467,537
Information Technology (0.9%):
CGI, Inc. (a)		2,067		140,315
Constellation Software, Inc.		126		140,028
Open Text Corp.		2,840		120,051
				400,394

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Canada (7.6%): (continued)
Materials (0.7%):
Aginco Eagle Mines, Ltd.		1,474		117,453
Barrick Gold Corp.		3,950		110,958
Kirkland Lake Gold Ltd.		1,890		92,271
				320,682
Utilities (1.3%):
Algonquin Power & Utilities Corp.		7,029		102,104
Canadian Utilities Ltd., Class A		4,436		105,819
Emera, Inc.		2,949		121,159
Fortis, Inc.		3,014		123,240
Hydro One, Ltd.		7,200		152,609
				604,931
				3,496,668
Chile (0.2%):
Materials (0.2%):
Antofagasta PLC		8,033		106,070
				106,070
				106,070
Denmark (3.7%):
Financials (0.6%):
Danske Bank A/S		8,786		119,156
Tryg A/S		5,381		169,857
				289,013
Health Care (1.3%):
Coloplast A/S		1,053		166,444
Demant A/S (a)		4,100		128,840
Genmab A/S (a)		419		151,797
GN Store Nord A/S		2,087		158,055
				605,136
Industrials (0.7%):
DSV Panalpina A S		938		153,289
Vestas Wind Systems A/S		1,101		178,627
				331,916
Materials (0.7%):
Christian Hansen Holding A/S		1,340		148,973
Novozymes A/S, Class B Shares		2,601		163,838
				312,811
Utilities (0.4%):
Orsted A/S		1,208		166,570
				166,570
				1,705,446
Finland (1.9%):
Energy (0.3%):
Neste OYJ		2,374		125,154
				125,154
Financials (0.2%):
Sampo OYJ		2,895		114,677
				114,677

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Finland (1.9%): (continued)
Industrials (0.5%):
Kone OYJ		2,661		234,150
				234,150
Materials (0.6%):
Stora ENSO OYJ, Class R Shares		9,327		146,244
UPM-Kymmene OYJ		4,667		142,195
				288,439
Utilities (0.3%):
Fortum OYJ		6,199		125,539
				125,539
				887,959
France (6.7%):
Consumer Discretionary (0.6%):
Compagnie Generale DES Etablissements Michelin		1,122		120,642
Hermes International SA		174		150,171
				270,813
Financials (0.6%):
Amundi SA		1,379		97,320
CNP Assurances SA		5,082		63,628
Natixis		21,458		48,361
Societe Generale		4,447		59,003
				268,312
Health Care (1.1%):
bioMerieux		872		136,777
Essilorluxottica		990		134,802
Orpea (a)		967		110,029
Sartorius Stedim Biotech		473		163,356
				544,964
Industrials (2.7%):
Aeroports de Paris		653		65,337
Bollore		34,219		127,887
Bureau Veritas SA		5,890		132,988
Edenred		2,412		108,580
Eiffage SA		996		81,523
Groupe Eurotunnel SA		6,670		90,703
Legrand SA		1,615		129,083
Safran SA (a)		605		59,889
Schneider Electric SA		1,095		136,134
Teleperformance		428		132,260
Thales SA		1,348		101,390
Vinci SA		918		76,968
				1,242,742
Information Technology (0.5%):
ATOS SE		1,316		106,142
Dassault Systemes SA		704		131,842
				237,984
Materials (0.6%):
Air Liquide SA		1,029		163,454
Arkema SA		1,073		113,989
				277,443

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
France (6.7%): (continued)
Utilities (0.6%):
Suez		9,466		175,389
Veolia Environnement		4,851		104,752
				280,141
				3,122,399
Germany (5.5%):
Communication Services (0.4%):
Scout24 AG		1,899		165,853
				165,853
Consumer Discretionary (0.3%):
Puma SE (a)		1,170		105,421
				105,421
Consumer Staples (0.4%):
Beiersdorf AG		1,677		190,698
				190,698
Financials (0.9%):
Deutsche Boerse AG		792		139,084
Hannover Rueck SE		623		96,552
Muenchener Rueckversicherungs-Gesellschaft AG		401		101,823
Talanx AG		2,609		84,171
				421,630
Health Care (0.6%):
Carl Zeiss Meditec AG		1,029		130,281
Fresenius Medical Care AG		1,840		155,350
				285,631
Industrials (1.1%):
Brenntag AG		2,343		149,146
Deutsche Post AG		3,166		144,378
MTU Aero Engines AG		385		64,090
Rational AG		209		163,913
				521,527
Information Technology (0.4%):
Infineon Technologies AG		3,622		102,395
Nemetschek SE		1,306		95,689
				198,084
Materials (0.7%):
Evonik Industries AG		4,178		108,243
Symrise AG		1,548		214,138
				322,381
Real Estate (0.4%):
Deutsche Wohnen SE		3,773		188,822
				188,822
Utilities (0.3%):
Uniper SE		4,221		136,375
				136,375
				2,536,422
Hong Kong (5.5%):
Consumer Discretionary (0.3%):
Techtronic Industries Co.		10,604		139,019
				139,019

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Hong Kong (5.5%): (continued)
Consumer Staples (0.4%):
Sun Art Retail Group Ltd.		88,708		97,868
WH Group Ltd.		131,616		106,654
				204,522
Financials (0.3%):
AIA Group Ltd.		15,624		153,018
				153,018
Health Care (0.3%):
Sino Biopharmaceutical Ltd.		103,699		112,935
				112,935
Industrials (0.7%):
CK Hutchison Holdings Ltd.		22,288		134,019
MTR Corp. Ltd.		35,132		173,398
				307,417
Real Estate (2.5%):
CK Asset Holdings Ltd.		22,288		108,567
Hang Lung Properties Ltd.		71,639		180,997
Henderson Land Development Co. Ltd.		50,188		184,891
New World Development Co. Ltd.		33,115		160,238
Shimao Property Holdings Ltd.		26,752		110,462
Sino Land Co. Ltd.		122,748		142,550
Sun Hung KAI Properties Ltd.		13,822		176,213
Swire Pacific Ltd., Class A		22,884		109,846
				1,173,764
Utilities (1.0%):
CK Infrastructure Holdings Ltd.		27,324		127,456
Hong Kong & China Gas Co. Ltd.		116,718		167,175
Power Assets Holdings Ltd.		32,884		172,274
				466,905
				2,557,580
Ireland (1.4%):
Consumer Staples (0.3%):
Kerry Group PLC		1,125		144,413
				144,413
Industrials (0.6%):
DCC PLC		1,215		94,174
Kingspan Group PLC (a)		1,838		167,420
				261,594
Materials (0.5%):
CRH PLC		2,825		102,234
Smurfit Kappa Group PLC		3,377		132,702
				234,936
				640,943
Israel (1.0%):
Financials (0.4%):
Bank Hapoalim BM		18,360		98,133
Bank Leumi		21,468		94,555
Isracard Ltd.		–		1
				192,689

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Israel (1.0%): (continued)
Information Technology (0.3%):
Nice Ltd. (a)		607		137,203
				137,203
Real Estate (0.3%):
Azrieli Group Ltd.		2,484		111,003
				111,003
				440,895
Italy (2.0%):
Consumer Discretionary (0.2%):
Moncler SpA		2,500		102,518
				102,518
Energy (0.2%):
Snam SpA		22,803		117,327
				117,327
Financials (1.1%):
Assicurazioni Generali SpA		9,194		129,607
Intesa Sanpaolo SpA (a)		58,216		109,400
Mediobanca Banca di Credito Finanziario SpA		12,035		94,500
Poste Italiane SpA		10,496		93,121
UniCredit SpA		10,058		83,068
				509,696
Industrials (0.2%):
Atlantia SpA (a)		4,976		78,343
				78,343
Utilities (0.3%):
Terna SpA		18,876		132,195
				132,195
				940,079
Japan (19.4%):
Communication Services (2.2%):
KDDI Corp.		5,300		133,493
Nexon Co. Ltd.		5,300		131,784
Nippon Telegraph & Telephone Corp.		8,100		165,149
NTT DoCoMo, Inc.		6,900		254,211
Softbank Corp.		18,200		203,229
Z Holdings Corp.		21,800		144,506
				1,032,372
Consumer Discretionary (2.3%):
Bridgestone Corp.		5,600		176,152
Denso Corp.		3,900		170,017
Fast Retailing Co. Ltd.		200		124,912
Nitori Co. Ltd.		900		186,486
Oriental Land Co. Ltd.		1,100		153,760
Panasonic Corp.		14,100		118,844
Shimano ORD		700		137,544
				1,067,715
Consumer Staples (1.3%):
KAO Corp.		2,200		164,546
Seven & i Holdings Co., Ltd.		4,000		123,281
Shiseido Co., Ltd.		2,200		125,908

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Japan (19.4%): (continued)
Consumer Staples (1.3%): (continued)
Unicharm Corp.		4,400		196,613
				610,348
Financials (2.0%):
Japan Post Bank Co. Ltd.		20,400		158,828
Japan Post Holdings Co. Ltd.		22,400		152,052
Ms&Ad Insurance Group Holdings, Inc.		6,700		179,429
ORIX Corp.		9,300		115,092
Sumitomo Mitsui Financial Group, Inc.		5,700		157,703
Tokio Marine Holdings, Inc.		3,700		161,404
				924,508
Health Care (3.3%):
Astellas Pharma, Inc.		9,200		136,713
Chugai Pharmaceutical Co. Ltd.		3,000		134,139
Daiichi Sankyo Co. Ltd.		4,500		137,795
Eisai Co. Ltd.		1,300		118,153
Hoya Corp.		1,500		168,705
M3, Inc.		2,800		172,594
Olympus Corp.		5,600		115,877
Otsuka Holdings Co. Ltd.		2,800		118,107
Shionogi & Co. Ltd.		2,300		122,776
Sysmex Corp.		1,900		180,721
Terumo Corp.		3,400		134,775
				1,540,355
Industrials (4.1%):
Central Japan Railway Co.		900		128,791
Daikin Industries Ltd.		1,100		201,327
East Japan Railway Co.		2,200		135,192
Fanuc Corp.		700		133,561
ITOCHU Corp.		8,200		208,791
Komatsu Ltd.		6,700		146,771
Mitsubishi Corp.		9,300		221,586
Mitsubishi Electric Corp.		12,400		167,156
Nidec Corp.		2,100		195,263
Secom Co. Ltd.		2,200		200,410
SMC Corp.		300		166,316
				1,905,164
Information Technology (3.0%):
Canon, Inc.		8,100		134,155
Fujifilm Holdings Corp.		2,800		137,676
Fujitsu, Ltd.		1,300		176,785
Keyence Corp.		400		185,794
Kyocera Corp.		3,000		170,612
Murata Manufacturing Co. Ltd.		2,700		173,420
Nomura Research Institute Ltd.		4,700		137,947
OBIC Co. Ltd.		800		139,896
Tokyo Electron Ltd.		500		129,587
				1,385,872

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Japan (19.4%): (continued)
Materials (0.7%):
Nippon Paint Holdings Co. Ltd.		1,600		164,021
Shin-Etsu Chemical Co. Ltd.		1,100		142,755
				306,776
Real Estate (0.5%):
Mitsubishi Estate Co. Ltd.		7,700		115,884
Mitsui Fudosan Co. Ltd.		6,300		109,122
				225,006
				8,998,116
Korea, Republic Of (4.1%):
Communication Services (0.3%):
Naver Corp.		510		129,321
				129,321
Consumer Discretionary (0.9%):
Hyundai Mobis		563		110,741
Hyundai Motor Co.		1,142		174,333
KIA Motors Corp.		3,365		134,968
				420,042
Consumer Staples (0.3%):
LG Household & Health Care Ltd.		111		137,457
				137,457
Financials (1.1%):
Hana Financial Group, Inc.		3,699		88,892
KB Financial Group, Inc.		3,099		99,519
Samsung Fire & Marine Insurance Co. Ltd.		704		109,577
Samsung Life Insurance Co., Ltd.		2,433		126,925
Shinhan Financial Group Co. Ltd.		3,910		92,291
				517,204
Health Care (0.3%):
Celltrion Healthcare Co., Ltd. (a)		849		63,677
Celltrion, Inc. (a)		348		76,635
				140,312
Industrials (0.3%):
Samsung C&T Corp.		1,159		104,075
SK Holdings Co. Ltd.		312		52,965
				157,040
Information Technology (0.6%):
Samsung Electronics Co. Ltd.		2,810		139,863
Samsung SDS Co. Ltd.		794		115,097
				254,960
Materials (0.3%):
POSCO		724		121,358
				121,358
				1,877,694
Luxembourg (0.6%):
Energy (0.1%):
Tenaris SA		13,656		68,214
				68,214

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Luxembourg (0.6%): (continued)
Health Care (0.3%):
Eurofins Scientific		180		142,520
				142,520
Real Estate (0.2%):
Aroundtown SA		15,183		76,358
				76,358
				287,092
Netherlands (2.6%):
Financials (0.6%):
ABN AMRO Group NV (a)		9,220		77,304
ING Groep NV (a)		10,871		77,191
NN Group NV		3,030		113,844
				268,339
Industrials (0.6%):
Randstad N.V.		2,319		121,058
Wolters Kluwer N.V.		2,085		178,040
				299,098
Information Technology (0.6%):
Adyen N.V. (a)		99		182,501
ASML Holding N.V.		319		117,687
				300,188
Materials (0.8%):
AKZO Nobel N.V		1,534		155,411
Koninklijke DSM N.V.		1,161		191,363
				346,774
				1,214,399
New Zealand (0.5%):
Consumer Staples (0.2%):
a2 Milk Co., Ltd. (a)		11,135		112,958
				112,958
Health Care (0.3%):
Fisher & Paykel Healthcare Corp., Ltd.		6,183		136,035
				136,035
				248,993
Norway (1.4%):
Communication Services (0.3%):
Adevinta ASA (a)		8,170		140,487
				140,487
Consumer Staples (0.3%):
Orkla ASA, Class A		14,327		145,050
				145,050
Financials (0.5%):
DNB ASA (a)		6,527		90,530
Gjensidige Forsikring ASA		6,637		134,845
				225,375
Materials (0.3%):
Yara International ASA		3,174		122,401
				122,401
				633,313

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Portugal (0.6%):
Consumer Staples (0.3%):
Jeronimo Martins & Filho SA		8,749		140,565
				140,565
Utilities (0.3%):
EDP - Energias de Portugal SA		28,852		141,889
				141,889
				282,454
Russian Federation (0.2%):
Materials (0.2%):
Polymetal International PLC		5,213		113,624
				113,624
				113,624
Singapore (2.6%):
Consumer Discretionary (0.2%):
Jardine Cycle & Carriage Ltd.		7,400		97,550
				97,550
Consumer Staples (0.3%):
Wilmar International Ltd.		43,700		140,896
				140,896
Financials (1.0%):
DBS Group Holdings Ltd.		10,400		151,729
Oversea-Chinese Banking Corp. Ltd.		26,400		162,884
United Overseas Bank		10,900		151,994
				466,607
Industrials (0.8%):
Keppel Corp. Ltd.		34,500		112,497
Singapore Airlines Ltd.		42,200		107,301
Singapore Tech Engineering Ltd.		56,300		142,741
				362,539
Real Estate (0.3%):
Capitaland Ltd.		65,200		129,473
				129,473
				1,197,065
Spain (2.4%):
Consumer Discretionary (0.2%):
Industria de Diseno Textil SA		4,302		120,029
				120,029
Financials (0.2%):
Caixabank SA		45,498		96,701
				96,701
Health Care (0.3%):
Grifols SA		4,239		122,198
				122,198
Industrials (0.3%):
ACS Actividades de Construccion y Servicios SA		2,994		67,969
Aena SME SA		618		86,431
				154,400
Information Technology (0.2%):
Amadeus IT Group SA		1,586		88,483
				88,483

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Spain (2.4%): (continued)
Utilities (1.2%):
Acciona SA		976		106,179
Iberdrola SA		12,257		151,018
Naturgy Energy Group SA		6,756		135,592
Red Electrica Corp.		7,966		149,557
				542,346
				1,124,157
Sweden (5.5%):
Communication Services (0.7%):
Tele2 AB, Class B		10,137		143,583
Telia Co. AB		39,394		162,160
				305,743
Consumer Staples (0.7%):
Essity Aktiebolag, Class B (a)		4,680		158,298
ICA Gruppen AB		2,854		145,153
				303,451
Energy (0.1%):
Lundin Petroleum AB		3,040		60,616
				60,616
Financials (1.3%):
Investor AB, Class B		2,412		158,158
L E Lundbergforetagen AB, Class B		2,730		135,462
Skandinavisk Enskilda Banken AB (a)		11,946		106,274
Svenska Handelsbanken AB (a)		11,054		93,005
Swedbank AB, Class A Shares (a)		7,954		125,048
				617,947
Industrials (2.1%):
ALFA Laval AB		5,014		111,346
ASSA Abloy AB		5,968		140,065
Atlas Copco AB, Class A Shares		2,665		127,652
Epiroc AB, Class A		8,919		129,669
Nibe Industrier AB, Class B (a)		4,837		124,868
Skanska AB (a)		5,478		116,143
SKF AB, Class B		5,268		109,278
Volvo AB		6,780		131,062
				990,083
Information Technology (0.3%):
Hexagon AB, Class B Shares		1,816		137,497
				137,497
Real Estate (0.3%):
Fastighets AB Balder, Class B (a)		2,243		114,053
				114,053
				2,529,390
Switzerland (8.5%):
Communication Services (0.4%):
Swisscom AG		341		180,943
				180,943

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
Switzerland (8.5%): (continued)
Consumer Discretionary (0.6%):
CIE Financiere Richemont SA		1,985		133,009
Swatch Group AG		616		143,764
				276,773
Consumer Staples (0.9%):
Barry Callebaut AG		109		242,433
Chocoladefabriken Lindt & Spruengli AG		21		177,318
				419,751
Financials (1.0%):
Baloise Holding AG		848		124,787
Julius Baer Group Ltd.		2,206		94,081
Partners Group Holding AG		140		128,870
Swiss Life Holding AG		294		111,272
				459,010
Health Care (0.9%):
Sonova Holding AG (a)		607		153,991
Straumann Holding AG		144		145,439
Vifor Pharma AG		761		103,638
				403,068
Industrials (2.3%):
ABB Ltd.		5,867		149,415
Adecco Group AG		2,278		120,431
Geberit AG		314		186,122
Kuehne & Nagel International AG		1,042		202,900
Schindler Holding AG		864		235,986
SGS SA		73		195,740
				1,090,594
Information Technology (0.4%):
Stmicroelectronics N.V.		3,227		99,305
Temenos AG		671		90,397
				189,702
Materials (1.6%):
EMS-Chemie Holding AG		255		228,885
Givaudan SA		51		219,885
Lafargeholcim Ltd.		2,770		126,317
Sika AG		721		177,196
				752,283
Real Estate (0.4%):
Swiss Prime Site AG		1,835		166,601
				166,601
				3,938,725
United Kingdom (8.5%):
Communication Services (0.6%):
BT Group PLC		68,604		87,073
Informa PLC (a)		14,696		71,382
Rightmove PLC		14,874		120,277
				278,732
Consumer Discretionary (1.2%):
Barratt Developments PLC		10,428		64,011
Berkeley Group Holdings PLC		1,778		96,982

	Schedule of Portfolio Investments — continued
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
United Kingdom (8.5%): (continued)
Consumer Discretionary (1.2%): (continued)
Burberry Group PLC		4,524		90,698
JD Sports Fashion PLC		7,859		82,065
Next PLC		1,264		97,026
Persimmon PLC		2,489		79,410
Taylor Wimpey PLC		39,504		55,271
				565,463
Consumer Staples (0.2%):
Associated British Foods PLC		4,121		99,286
				99,286
Financials (1.8%):
3I Group PLC		8,141		104,670
Admiral Group PLC		4,916		165,594
Hargreaves Lansdown PLC		4,190		84,435
Legal & General Group PLC		23,127		56,197
London Stock Exchange Group		1,131		129,511
RSA Insurance Group PLC		18,492		107,760
Schroders PLC		2,684		93,318
Standard Chartered PLC		19,386		89,060
				830,545
Health Care (0.2%):
Smith & Nephew PLC		5,043		98,664
				98,664
Industrials (2.0%):
Ashtead Group PLC		2,351		84,925
Bunzl PLC		4,810		155,570
Ferguson PLC		1,199		120,839
International Consolidated Airlines Group SA		42,678		52,317
Intertek Group PLC		1,717		140,305
Rentokil Initial PLC (a)		16,307		112,678
Smiths Group PLC		5,529		98,079
Spirax-Sarco Engineering PLC		1,065		152,029
				916,742
Information Technology (0.9%):
AVEVA Group PLC		1,803		111,325
Halma PLC		4,233		128,061
The Sage Group PLC		16,075		149,483
				388,869
Materials (1.1%):
Anglo American PLC		3,291		79,641
Croda International PLC		2,496		201,256
Mondi PLC		6,059		128,156
Rio Tinto PLC		1,769		106,248
				515,301
Utilities (0.5%):
Severn Trent PLC		4,098		128,946
United Utilities Group PLC		9,888		109,171
				238,117
				3,931,719

	Schedule of Portfolio Investments (concluded)
	September 30, 2020
Timothy Plan International ETF	(Unaudited)

SECURITY DESCRIPTION	SHARES		VALUE ($)
United States (0.3%):
Industrials (0.3%):
Waste Connections, Inc.		1,497		155,614
				155,614
				155,614
Total Common Stocks (Cost $44,811,793)				46,013,921
Total Investments (Cost $44,811,793) — 99.3%				46,013,921
Other assets in excess of liabilities — 0.7%				327,288
NET ASSETS - 100.00%				46,341,209

Percentages indicated are based on net assets as of September 30, 2020.

a)        Non-income producing security.

Futures Contracts

Long Futures

Index Futures	Expiration Date	Number of Contracts	Notional Amount		Value and Unrealized Appreciation/ (Depreciation)
Mini MSCI EAFE Index December Future (U.S. Dollar)	12/18/20	2	$	185,320	$	(4,733	)
					$	(4,733	)