0001193125-13-067257.txt : 20130220 0001193125-13-067257.hdr.sgml : 20130220 20130220162055 ACCESSION NUMBER: 0001193125-13-067257 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130220 DATE AS OF CHANGE: 20130220 EFFECTIVENESS DATE: 20130220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIMOTHY PLAN CENTRAL INDEX KEY: 0000916490 IRS NUMBER: 597016828 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-73248 FILM NUMBER: 13627057 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIMOTHY PLAN CENTRAL INDEX KEY: 0000916490 IRS NUMBER: 597016828 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-08228 FILM NUMBER: 13627058 BUSINESS ADDRESS: STREET 1: 1055 MAITLAND CENTER COMMONS CITY: MAITLAND STATE: FL ZIP: 32759 BUSINESS PHONE: 4076441986 MAIL ADDRESS: STREET 1: 1055 MAITLAND CENTER COMMONS CITY: MAITLAND STATE: FL ZIP: 32759 0000916490 S000004479 Timothy Small-Cap Value Fund C000012330 Timothy Small-Cap Value Fund Class A TPLNX C000012332 Timothy Small-Cap Value Fund Class C TSVCX 0000916490 S000004480 Timothy Large/Mid-Cap Value Fund C000012333 Timothy Large/Mid-Cap Value Fund Class A TLVAX C000012335 Timothy Large/Mid-Cap Value Fund Class C TLVCX 0000916490 S000004481 Timothy Fixed Income Fund C000012336 Timothy Fixed Income Fund Class A TFIAX C000012338 Timothy Fixed Income Fund Class C TFICX 0000916490 S000004482 Timothy Aggressive Growth Fund C000012339 Timothy Aggressive Growth Fund Class A TAAGX C000012341 Timothy Aggressive Growth Fund Class C TCAGX 0000916490 S000004483 Timothy Large/Mip-Cap Growth Fund C000012342 Timothy Large/Mip-Cap Growth Fund Class A TLGAX C000012344 Timothy Large/Mip-Cap Growth Fund Class C TLGCX 0000916490 S000004484 Timothy Strategic Growth Fund C000012345 Timothy Strategic Growth Fund Class A TSGAX C000012347 Timothy Strategic Growth Fund Class C TSGCX 0000916490 S000004485 Timothy Conservative Growth Fund C000012348 Timothy Conservative Growth Fund Class A TCGAX C000012350 Timothy Conservative Growth Fund Class C TCVCX 0000916490 S000011344 Timothy Conservative Variable C000031436 Timothy Conservative Variable 0000916490 S000011345 Timothy Strategic Variable C000031437 Timothy Strategic Variable 0000916490 S000017790 Timothy Plan International Fund C000049121 Timothy Plan International Fund Class A TPIAX C000065170 TIMOTHY PLAN INTERNATIONAL FUND CLASS C TPICX 0000916490 S000017791 Timothy Plan High Yield Bond Fund C000049122 Timothy Plan High Yield Bond Fund Class A TPHAX C000065171 TIMOTHY PLAN HIGH YIELD Bond FUND CLASS C TPHCX 0000916490 S000026812 Timothy Plan Defensive Strategies Fund C000080683 Class A TPDAX C000080684 Class C TPDCX 0000916490 S000033751 Timothy Israel Common Values Fund C000104306 Class A TPAIX C000104307 Class C TPCIX 0000916490 S000038851 Timothy Plan Emerging Markets Fund C000119586 Class A TPEMX C000119587 Class C TPECX 485BPOS 1 d445142d485bpos.htm TIMOTHY PLAN FAMILY OF FUNDS Timothy Plan Family of Funds

Registration No. 033—73248

Investment Company Act File No. 811-08228

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933   ¨
Pre-Effective Amendment No.   ¨
Post-Effective Amendment No. 52   x

and/or

REGISTRATION STATEMENT

UNDER

THE INVESTMENT COMPANY ACT OF 1940

Amendment No. 53      x   

(Check Appropriate Box or Boxes)

 

 

THE TIMOTHY PLAN

(Exact Name of Registrant as Specified in Charter)

 

 

1055 Maitland Center Commons

Maitland, FL 32751

(Address of principal Executive Offices)

(407) 644-1986

(Registrant’s Telephone Number, Including Area Code)

Arthur D. Ally

1055 Maitland Center Commons

Maitland, FL 32751

(Name and Address of Agent for Service)

 

 

Copies to:

David D. Jones, Esquire

395 Sawdust Road, #2148

The Woodlands, TX 77381

 

 

Approximate date of proposed public offering: As soon as practicable after the effective date of the registration statement.

It is proposed that this filing will become effective:

 

  x immediately upon filing pursuant to paragraph (b)
  ¨ on (date) pursuant to paragraph (b)
  ¨ 60 days after filing pursuant to paragraph (a)(1)
  ¨ on (date) pursuant to paragraph (a)(1)
  ¨ 75 days after filing pursuant to paragraph (a)(2)
  ¨ on (date) pursuant to paragraph (a)(2) of Rule 485

If appropriate, check the following box:

 

  ¨ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 


This filing relates solely to the Timothy Plan Aggressive Growth Fund, Timothy Plan International Fund, Timothy Plan Large/Mid Cap Growth Fund, Timothy Plan Small Cap Value Fund, Timothy Plan Large/Mid Cap Value Fund, Timothy Plan Fixed Income Fund, Timothy Plan High Yield Bond Fund, Timothy Plan Defensive Strategies Fund, Timothy Plan Strategic Growth Fund, Timothy Plan Conservative Growth Fund, Timothy Plan Israel Common Values Fund, Timothy Plan Emerging Markets Fund

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this amended Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Maitland and the State of Florida on February 20, 2013.

 

THE TIMOTHY PLAN
 
 

By:

  /s/Arthur D. Ally
 

 

 

Arthur D. Ally,

Chairman, President and Treasurer

Pursuant to the Requirements of the Securities Act of 1933, this Amended Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

 

     

/s/Arthur D. Ally

Arthur D. Ally

   Chairman, President & Treasurer — Trustee    February 20, 2013
     

Joseph E. Boatwright*

   Trustee, Secretary    February 20, 2013
     

Matthew D. Staver*

   Trustee    February 20, 2013
     

Deborah Honeycutt*

   Trustee    February 20, 2013
     

Charles E. Nelson*

   Trustee    February 20, 2013
     

Scott Preissler, Ph.D*

   Trustee    February 20, 2013
     

Alan M. Ross*

   Trustee    February 20, 2013
     

Kenneth Blackwell*

   Trustee    February 20, 2013
     

William W. Johnson*

   Trustee    February 20, 2013
     

John C. Mulder*

   Trustee    February 20, 2013
     

Patrice Tsague*

   Trustee    February 20, 2013
     

Richard W. Copeland*

   Trustee    February 20, 2013

 

*By:     /s/Arthur D. Ally, Attorney-In-Fact under Power of Attorney

   February 20, 2013

  Arthur D. Ally

        

 


EXHIBIT INDEX

 

Index No.

  

Description of Exhibit

EX-101.INS

   XBRL Instance Document

EX-101.SCH

   XBRL Taxonomy Extension Schema Document

EX-101.DEF

   XBRL Taxonomy Extension Definition Linkbase

EX-101.LAB

   XBRL Taxonomy Extension Labels Linkbase

EX-101.PRE

   XBRL Taxonomy Extension Presentation Linkbase
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rr:AfterTaxesOnDistributionsAndSalesMember tp1:C000012347Member 2012-01-30 2013-01-29 0000916490 tp1:S000004484Member tp1:DjGlobalModeratelyAggressivePortfolioIndexMember tp1:C000012347Member 2012-01-30 2013-01-29 pure iso4217:USD <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyAggressiveGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyAggressiveGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyAggressiveGrowthFund column period compact * ~</div> 485BPOS 2012-09-30 TIMOTHY PLAN 0000916490 false 2013-01-30 2013-01-30 2013-01-29 <b> Aggressive Growth Fund</b><br/>CLASS A: TAAGX | CLASS C: TCAGX <b>INVESTMENT OBJECTIVE</b> The investment objective of this Fund is to provide you with long-term growth of capital. <b>FEES AND EXPENSES</b> <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyPlanInternationalFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyPlanInternationalFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyPlanInternationalFund column period compact * ~</div> 0.055 0 0 0.01 0 0 0 0 <b>International Fund</b><br/>CLASS A: TPIAX | CLASS C: TPICX <b>INVESTMENT OBJECTIVE</b> The investment objective of this Fund is to provide you with long-term growth of capital. <b>FEES AND EXPENSES</b> <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. </b> 50000 <b>Shareholder Fees</b><br/>(fees paid directly from your investment) 0.055 0 0 0.01 0 0 0 0 0.0085 0.0085 0.0025 0.01 <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) 0.01 0.01 0.0025 0.01 0.0057 0.0057 0.0002 0.0002 0.0184 0.0259 0.0102 0.0102 0.0001 0.0001 0.0213 0.0288 A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 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 Fund fees and expenses. <b>Example: </b> <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> 727 362 1097 805 1491 1375 2590 2925 262 805 1375 2925 <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>PORTFOLIO TURNOVER</b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 34% of the average value of its portfolio. </b> 0.34 <b>PRINCIPAL INVESTMENT STRATEGIES</b> 754 391 1180 892 1631 1518 2877 3204 <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund&#8217;s total assets in the securities of foreign companies through the purchase of American Depository Receipts (ADRs), without regard to market capitalizations.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund invests its assets in the ADRs of companies which the Fund&#8217;s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund allocates investments across countries and regions at the Manager&#8217;s discretion. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles. </p></li></ul> <b>PRINCIPAL RISKS</b> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyLarge/Mip-CapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyLarge/Mip-CapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyLarge/Mip-CapGrowthFund column period compact * ~</div> 291 892 1518 3204 0.3904 0.0962 0.0873 0.075 0.0766 -0.4527 0.3046 0.2789 0.0291 0.124 0.0623 0.0623 0.0405 0.1581 0.1055 0.1055 0.0686 0.1581 -0.0005 -0.0007 -0.0006 0.0323 0.0036 0.0038 0.0031 0.0323 0.067 <b>INVESTMENT OBJECTIVE</b> 0.063 0.1032 0.0587 <b>FEES AND EXPENSES</b> <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) As with most other mutual funds, you can lose money by investing in this Fund. 0.0346 0.0301 <b>Example: </b> <b>PAST PERFORMANCE</b> 0.0296 0.0691 <b>PORTFOLIO TURNOVER</b> <b>PRINCIPAL INVESTMENT STRATEGIES</b> <b>PRINCIPAL RISKS</b> <b>PAST PERFORMANCE</b> <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) The investment objective of this Fund is to provide you with long-term growth of capital. <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> <b>The Fund commenced investment operations on May 1, 2011. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> 0.055 0 0 0.01 0 0 0 0 <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>www.timothyplan.com</b> <b> (800) 846-7526</b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) 0.0085 0.0085 0.0025 0.01 -0.4538 0.3388 0.0058 0.0059 -0.1734 0.0001 0.0001 0.0169 0.1472 0.0245 0.0723 <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> 50000 A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 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 Fund fees and expenses. <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> 712 348 1053 764 1417 1306 2438 2786 <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> 248 764 1306 2786 <b>Best</b> Quarter 2009-06-30 0.1929 <b>Worst</b> Quarter 2008-12-31 <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 127% of the average value of its portfolio. </b> -0.2453 <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) 0.0836 0.0807 0.0544 0.1355 0.1276 0.1276 0.0829 0.1355 -0.0685 -0.0734 -0.0597 -0.0657 -0.065 -0.0684 -0.056 -0.0657 <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund seeks to achieve its investment objective by primarily investing at least 80% of the Fund&#8217;s total assets in larger U.S. stocks. Larger stocks refer to the common stock of companies whose total market capitalization is generally greater than $2 billion. Current income is not a significant investment consideration and any such income realized will be considered incidental to the Fund&#8217;s investment objective. </p></li></ul> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.</p></li></ul> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund normally invests in a portfolio of securities which includes a broadly diversified number of common stocks that the Fund&#8217;s Investment Manager believes show a high probability of superior prospects for above average growth. The Fund&#8217;s Investment Manager chooses these securities using a &#8220;bottom up&#8221; approach of extensively analyzing the financial, management and overall economic conditions of each potential investment. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li></ul> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents.</p></li></ul> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.</p></li></ul> -0.0441 -0.0487 -0.0395 -0.057 -0.042 -0.0451 -0.037 -0.057 <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Stock Market Risk</b> | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Excluded Security Risk |</b> Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Growth Risk</b> | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager&#8217;s perception of a company&#8217;s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund&#8217;s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;growth&#8221; stocks may perform differently from the market as a whole and other types of securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Larger Company Investing Risk |</b> Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Mid-Sized Company Investing Risk</b> | Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period. </p> </li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who understand the risks of investing in the domestic stock markets and who are willing to accept moderate amounts of volatility and risk. </p></li></ol> As with most other mutual funds, you can lose money by investing in this Fund. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-t to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyPlanInternationalFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyPlanInternationalFund column period compact * ~</div> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>www.timothyplan.com</b> <b>(800) 846-7526</b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.</b> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyPlanInternationalFundBarChart column period compact * ~</div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. 0.084 0.0678 0.0607 0.1526 0.1302 0.1114 0.0917 0.1526 0.0114 0.0069 0.0083 0.0312 0.0156 0.0106 0.0118 0.0312 0.046 0.0419 0.039 0.0752 0.026 0.0211 0.0211 -0.05 <b>Large/Mid-Cap Growth Fund</b><br/>CLASS A: TLGAX | CLASS C: TLGCX <b>Best</b> Quarter 2001-12-31 0.1648 <b>Worst</b> Quarter 2001-03-31 -0.2399 0.2004 0.0843 0.0344 0.0477 0.0509 -0.363 0.3174 0.175 -0.0095 0.1466 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyLargeMipCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyLargeMipCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyLarge/Mip-CapGrowthFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothySmall-CapValueFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothySmall-CapValueFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothySmall-CapValueFund column period compact * ~</div> <b>Small Cap Value Fund </b><br/>CLASS A: TPLNX | CLASS C: TSVCX 1.27 The investment objective of this Fund is to provide you with long-term growth of capital, <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Dec-01</center></td><td></td><td><center>Mar-01</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>16.48%</center></td><td></td><td><center>-23.99%</center></td></tr></table> with a secondary objective of current income. <b>FEES AND EXPENSES</b> <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> 50000 <b> You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. </b> <b>Shareholder Fees</b><br/>(fees paid directly from your investment) 50000 0.055 0 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 Fund fees and expenses. 0 0.01 <b>Example: </b> 0 0 <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> 0 0 <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>PORTFOLIO TURNOVER</b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 147% of the average value of its portfolio. </b> 1.47 <b>PRINCIPAL INVESTMENT STRATEGIES</b> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">This Fund seeks to achieve its investment strategy by normally investing at least 80% of the Fund&#8217;s total assets in U.S. common stocks without regard to market capitalizations. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund invests its assets in the securities of a limited number of companies, which the Fund&#8217;s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles. </p></li></ul> <b>PRINCIPAL RISKS</b> <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) 0.0085 0.0085 0.0025 0.01 0.0049 0.0049 0.0001 0.0001 0.016 0.0235 A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 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 Fund fees and expenses. <b>Example: </b> <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Stock Market Risk</b> | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Larger Company Investing Risk</b> | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Smaller Company Investing Risk</b> | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Excluded Security Risk |</b> Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Growth Risk</b> | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager&#8217;s perception of a company&#8217;s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund&#8217;s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;growth&#8221; stocks may perform differently from the market as a whole and other types of securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept significant amounts of volatility and risk. </p></li></ol> 704 338 1027 733 1373 1255 As with most other mutual funds, you can lose money by investing in this Fund. 2346 2686 <b>PAST PERFORMANCE</b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> 238 733 1255 2686 <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> <b> The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>www.timothyplan.com</b> <b>(800) 846-7526</b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>PORTFOLIO TURNOVER</b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 65% of the average value of its portfolio. </b> 0.65 <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) <b>PRINCIPAL INVESTMENT STRATEGIES</b> <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund seeks to achieve its investment objective by primarily investing at least 80% of the Fund&#8217;s total assets in U.S. Small Cap stocks. Small Cap stocks refer to the common stock of smaller companies &#8212; companies whose total market capitalization is less than $2 billion. This Fund invests using a value investing style. Value funds typically emphasize stocks whose prices are below average in relation to such measures as earnings and book value; these stocks often have above-average dividend yields. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">In determining whether to invest in a particular company, the Fund&#8217;s Investment Manager focuses on a number of different attributes of the company, including the company&#8217;s market expertise, balance sheet, improving return on equity, price to earnings ratios, industry position and strength, management and a number of other factors. Analyzing companies in this manner is known as a &#8220;bottom up&#8221; approach to investing. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund may invest in equity securities of foreign issuers in the form of American Depositary Receipts (ADRs). ADRs are certificates held in trust by a U.S. bank or trust company evidencing ownership of shares of foreign-based issuers, and are an alternative to purchasing foreign securities in their national market and currency. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles. </p></li></ul> <b>PRINCIPAL RISKS</b> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyLarge/Mid-CapValueFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyLarge/Mid-CapValueFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyLarge/Mid-CapValueFund column period compact * ~</div> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Stock Market Risk</b> | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Smaller Company Investing Risk </b> | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Excluded Security Risk</b> | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Foreign Risk </b> | The Fund&#8217;s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in a foreign country. There is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund&#8217;s investments in foreign securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Value Investing Risk </b> | Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;value&#8221; stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Who Should Buy This Fund </b> | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept moderate amounts of volatility and risk.</p></li></ol> As with most other mutual funds, you can lose money by investing in this Fund. <b>PAST PERFORMANCE</b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>(800) 846-7526</b> <b>www.timothyplan.com</b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>Large/Mid Cap Value Fund</b><br/>CLASS A: TLVAX | CLASS C: TLVCX <b>INVESTMENT OBJECTIVE</b> <b>FEES AND EXPENSES</b> <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) <b>Example: </b> <b>PORTFOLIO TURNOVER</b> <b>PRINCIPAL INVESTMENT STRATEGIES</b> <b>PRINCIPAL RISKS</b> <b>PAST PERFORMANCE</b> <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) The investment objective of this Fund is to provide you with long-term growth of capital, <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information.</b> <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.<b> 50000 A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 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 Fund fees and expenses. <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund seeks to achieve its investment objective by primarily investing in U.S. common stocks. The Fund will normally invest at least 80% of the Fund&#8217;s total assets in companies whose total market capitalization exceeds $2 billion. This Fund invests using a value investing style. Value funds typically emphasize stocks whose prices are below average in relation to such measures as earnings and book value; these stocks often have above-average dividend yields. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> In determining whether to invest in a particular company, the Fund&#8217;s Investment Manager focuses on a number of different attributes of the company, including the company&#8217;s market expertise, balance sheet, improving return on equity, price to earnings ratios, industry position and strength, management, and a number of other factors. Analyzing companies in this manner is known as a &#8220;bottom up&#8221; approach to investing. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.</p></li></ul> As with most other mutual funds, you can lose money by investing in this Fund. <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br /><br /><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. </b> <b>(800) 846-7526</b> <b>www.timothyplan.com</b> <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 7% of the average value of its portfolio. </b> 0.07 0.2799 0.0875 0.1942 0.1841 0.1702 -0.4005 0.2219 0.2022 0.0076 0.1319 <b>Best</b> Quarter 2003-06-30 0.1772 <b>Worst</b> Quarter 2008-12-31 -0.2381 0.055 0 0 0.01 0 0 0 0 0.0085 0.0085 0.0025 0.01 0.0047 0.0047 0.0001 0.0001 0.0158 0.0233 702 336 1021 727 1363 1245 2325 2666 236 727 1245 2666 0.0694 0.0682 0.0451 0.16 0.1128 0.1128 0.0733 0.16 -0.0104 -0.0123 -0.01 0.0166 -0.0067 -0.008 -0.0064 0.0166 0.0813 0.0744 0.0695 0.071 0.0618 0.0545 0.0518 0.0473 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyLarge/Mid-CapValueFundBarChart column period compact * ~</div> <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Jun-03</center></td><td></td><td><center>Dec-08</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>17.72%</center></td><td></td><td><center>-23.81%</center></td></tr></table> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>General Risk |</b> As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Stock Market Risk |</b> The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Larger Company Investing Risk |</b> Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Mid-Sized Company Investing Risk |</b> Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Excluded Security Risk |</b> Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Value Investing Risk |</b> Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;value&#8221; stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept moderate amounts of volatility and risk.</p></li></ol> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyLargeMidCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyLargeMidCapValueFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyPlanHighYieldBondFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyPlanHighYieldBondFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyPlanHighYieldBondFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyFixedIncomeFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyFixedIncomeFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyFixedIncomeFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyPlanHighYieldBondFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyPlanDefensiveStrategiesFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyPlanDefensiveStrategiesFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyPlanDefensiveStrategiesFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyStrategicGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyStrategicGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyStrategicGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyConservativeGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyConservativeGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyConservativeGrowthFund column period compact * ~</div> <b>Emerging Markets Fund </b><br/>CLASS A: TPEMX | CLASS C: TPECX <b>Fixed Income Fund</b><br/>CLASS A: TFIAX | CLASS C: TFICX <b>INVESTMENT OBJECTIVE</b> <b>FEES AND EXPENSES</b> <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) <b>Example:</b> <b>PORTFOLIO TURNOVER</b> <b>PRINCIPAL INVESTMENT STRATEGIES</b> <b>PRINCIPAL RISKS</b> <b>PAST PERFORMANCE</b> <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) <b>INVESTMENT OBJECTIVE </b> The investment objective of this Fund is to generate a high level of current income consistent with prudent investment risk. <b> Defensive Strategies Fund </b><br/>CLASS A: TPDAX | CLASS C: TPDCX <b>INVESTMENT OBJECTIVE </b> The investment objective of this Fund is the protection of principal through aggressive, proactive reactions to prevailing economic conditions. <b>FEES AND EXPENSES </b> <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> The investment objective of this Fund is to provide you with long-term growth of capital. <b>Conservative Growth Fund</b><br/>CLASS A: TCGAX | CLASS C: TCVCX <b>FEES AND EXPENSES </b> <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> <b>Strategic Growth Fund </b><br/>CLASS A: TSGAX | CLASS C: TSGCX 0.055 0 0 0 0.045 0 0.01 0 0 0 The investment objective of the Fund is to generate medium to high levels of long-term capital growth. 0 0.01 0 0 0.055 0 0 0 0 0.01 <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) <b>FEES AND EXPENSES</b> 0 0 0 0 0.006 0.006 <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> 0.0025 0.01 0.0049 0.0049 0.0013 0.0013 0.0147 0.0222 <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) <b>Shareholder Fees</b><br/>(fees paid directly from your investment) 0.006 0.006 0.0025 0.01 0.0046 0.0046 <b>Example: </b> 0.0001 0.0001 <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> 0.0132 0.0207 -0.0015 -0.0015 0.0117 0.0192 0.012 0.012 0.055 0 0.0025 0.01 0.0049 0.0049 0 0.01 0.0001 0.0001 0 0 <b>INVESTMENT OBJECTIVE</b> 0.0195 0.027 691 325 0 564 0 295 988 693 1307 837 636 1188 2208 2551 1129 1102 1960 2392 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 Fund fees and expenses. <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> 50000 A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finder&#8217;s fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 225 693 1188 2551 <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) 195 636 <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>PORTFOLIO TURNOVER </b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 247% of the average value of its portfolio. </b> -0.0208 1102 -0.0269 <b>PRINCIPAL INVESTMENT STRATEGIES </b> -0.0135 0.0422 2392 0.0065 0.0065 0.0374 0.0267 0.0256 0.0595 <b>Example:</b> <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 19% of the average value of its portfolio. </b> 0.0372 0.0247 0.0244 0.0518 0.19 737 373 1128 838 1544 1430 2700 3032 273 838 1430 3032 <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> To achieve its goal, the Fund will invest varying percentages of the Fund&#8217;s total assets in the investment Sectors set forth below: <br /><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">Real Estate Investment Trusts (REITs), that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate, all of which are historically sensitive to both inflation and deflation.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">Commodities-based Exchange Traded Funds (ETFs), which trade like stocks, yet provide the opportunity to invest in inflation sensitive physical commodities and/or commodities futures markets. Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">Treasury-Inflation Protected Securities (TIPS), which coupon payments and underlying principal are automatically increased to compensate for inflation as measured by the consumer price index (CPI).</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">Cash and cash equivalents.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies by taking large, small, or even no position in any one or more of the Asset Classes in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">Current income is not a significant investment consideration and any such income realized will be considered incidental to the Fund&#8217;s investment objective. To allow for optimal flexibility, the Fund is classified as a &#8220;non-diversified&#8221; fund, and, as such, the Fund&#8217;s portfolio may include the securities of a smaller total number of issuers than if the Fund were classified as &#8220;diversified&#8221;.</p></li></ul> <b>PRINCIPAL RISKS </b> 50000 &#8220;Other Expenses&#8221; are estimated for the Fund&#8217;s first year of operations. <b>PORTFOLIO TURNOVER </b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the fund&#8217;s performance. The Fund is new and has not yet had any portfolio turnover. </b> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">To achieve its goal, the Fund normally invests in a diversified portfolio of corporate bonds, U.S. government and agency securities, convertible securities and preferred securities. The Investment Manager will only purchase securities for the Fund that are investment grade, with a rating of at least &#8220;BBB&#8221; as rated by Standard &amp; Poor&#8217;s or a comparable rating by another nationally recognized rating agency. The Fund may also invest in debt securities that have not been rated by one of the major rating agencies, so long as the Fund&#8217;s Investment Manager has determined that the security is of comparable credit quality to similar rated securities. The Fund has adopted a non-fundamental investment policy that under normal circumstances will invest at least 80% of its assets in fixed income securities. This policy may not be changed without at least 60 days prior written notice to Fund shareholders.</p> </li></ul> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">In managing its portfolio, the Fund&#8217;s Investment Manager concentrates on sector analysis, industry allocation and securities selection, deciding which types of bonds and industries to emphasize at a given time, and then which individual bonds to buy. The Fund attempts to anticipate shifts in the business cycle in determining types of bonds and industry sectors to target. In choosing individual securities, the Fund seeks out securities that appear to be undervalued within the emphasized industry sector. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li></ul> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents.</p> </li></ul> <ul type="square"><li style="margin-left:-20px"> <p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.</p></li></ul> <b>PRINCIPAL INVESTMENT STRATEGIES </b> 0 0.0075 0.005 0.005 <b>FEES AND EXPENSES</b> <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) <b>Example: </b> <b>PORTFOLIO TURNOVER</b> <b>PRINCIPAL INVESTMENT STRATEGIES</b> <b>PRINCIPAL RISKS</b> <b>PAST PERFORMANCE</b> 0.0167 0.0167 0.0282 0.0357 <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund&#8217;s total assets in the common stock of companies domiciled and/or headquartered in emerging market countries through the purchase of American Depository Receipts (ADRs) and direct investments in such companies on Foreign stock exchanges, without regard to market capitalizations. Emerging markets or emerging economies are nations with social or business activity in the process of rapid growth and industrialization. Companies &#8220;domiciled&#8221; in such countries are companies that are organized and registered in the country. Companies &#8220;headquartered&#8221; in a country are those companies that have their main office in the country, but may be &#8220;domiciled&#8221; in another country.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> This Fund invests its assets in companies which the Fund&#8217;s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Such criteria include market positioning, management strength, transparency of accounting and financial reporting, and other criteria. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.</p></li></ul> <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) <b>PRINCIPAL RISKS </b> <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) The investment objective of the Fund is to generate moderate levels of long-term capital growth. <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information.</b> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Real Estate Investment Trust Risk</b> | The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Commodities-based Exchange Traded Funds Risk</b> | Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund&#8217;s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund&#8217;s entire ETF investment could be lost.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Treasury-Inflation Protection Securities Risk</b> | Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Interest Rate Risk</b> | When interest rates rise, bond prices fall; the higher the Fund&#8217;s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund&#8217;s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Credit Risk</b> | The Fund could lose money if any bonds it owns are downgraded in credit rating or go into default. For this reason, the Fund will only invest in investment-grade bonds. The degree of risk for a particular security may be reflected in its credit rating. Bonds rated at the time of purchase BBB by Standard &amp; Poor&#8217;s, or unrated, but determined to be of comparable quality by the investment manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Sector Risk</b> | If certain industry sectors or types of securities don&#8217;t perform as well as the Fund expects, the Fund&#8217;s performance could suffer.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Excluded Security Risk</b> | Because the Fund does not invest in Excluded Securities (including certain REITs), and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other Funds that invest in a broader array of securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Non-Diversification Risk</b> | Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund&#8217;s investments were more widely distributed.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who seek a hedge against inflation, understand the risks of investing in each of the various asset classes, and who are willing to accept moderate amounts of volatility and risk.</p></li></ol> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Interest Rate Risk</b> | When interest rates rise, bond prices fall; the higher the Fund&#8217;s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund&#8217;s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Credit Risk</b> | The Fund could lose money if any bonds it owns are downgraded in credit rating or go into default. For this reason, the Fund will only invest in investment-grade bonds. The degree of risk for a particular security may not be reflected in its credit rating. Bonds rated at the time of purchase BBB by Standard &amp; Poor&#8217;s or, unrated, but determined to be of comparable quality by the Investment Manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Sector Risk</b> | If certain industry sectors or types of securities don&#8217;t perform as well as the Fund expects, the Fund&#8217;s performance could suffer.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Excluded Security Risk</b> | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier that other Funds that invest in a broader array of securities. </p> </li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who want a high level of current income and are willing to accept a minor degree of volatility and risk. </p> </li></ol> <b>PAST PERFORMANCE </b> <b>The Fund commenced investment operations on November 4, 2009. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br /><br /><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b><br /><br /> <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> As with most other mutual funds, you can lose money by investing in this Fund. 50000 <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyPlanHighYieldBondFund column period compact * ~</div> <b>High Yield Bond Fund</b><br/>CLASS A: TPHAX | CLASS C: TPHCX <b>INVESTMENT OBJECTIVE</b> The investment objective of this Fund is to generate a high level of current income. <b>FEES AND EXPENSES</b> -0.0114 <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information.</b> -0.0117 -0.0071 0.1192 <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> 50000 <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finder&#8217;s fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 0.076 0.066 0.0604 0.1131 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 Fund fees and expenses. 0.0292 0.0289 <b>Example: </b> 0.0193 0.1192 <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>www.timothyplan.com</b> <b>(800) 846-7526</b> <b>PORTFOLIO TURNOVER</b> 0.055 0 <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 24% of the average value of its portfolio. </b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> 0.24 0.0874 0.0775 <b>PRINCIPAL INVESTMENT STRATEGIES</b> 0.1131 <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">To achieve its goal, the Fund normally invests at least 80% of its total assets in a diversified portfolio of high yield fixed income securities. These include corporate bonds, convertible securities and preferred securities. The Investment Manager will generally purchase securities for the Fund that are not investment grade (&#8220;junk&#8221; bonds), meaning securities with a rating of &#8220;BB&#8221; or lower as rated by Standard &amp; Poor&#8217;s or a comparable rating by another nationally recognized rating agency. The Fund may also invest in debt securities that have not been rated by one of the major rating agencies, so long as the Fund&#8217;s Investment Manager has determined that the security is of comparable credit quality to similar rated securities. The Fund has adopted a non-fundamental investment policy that under normal circumstances will invest at least 80% of its assets in fixed income securities. This policy may not be changed without at least 60 days prior written notice to Fund shareholders.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">In managing its portfolio, the Fund&#8217;s Investment Manager concentrates on sector analysis, industry allocation and securities selection, deciding which types of bonds and industries to emphasize at a given time, and then which individual bonds to buy. The Fund attempts to anticipate shifts in the business cycle in determining types of bonds and industry sectors to target. In choosing individual securities, the Fund seeks out securities that appear to be undervalued within the emphasized industry sector. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents. </p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px">The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.</p></li></ul> <b>PRINCIPAL RISKS</b> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>High Yield Security Risk</b> | Investments in fixed-income securities that are rated below investment grade (&#8220;high yield securities&#8221;) by one or more Nationally Recognized Statistical Rating Organization (NRSRO) may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher-rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund&#8217;s ability to buy or sell optimal quantities of high yield securities at desired prices.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Interest Rate Risk</b> | When interest rates rise, bond prices fall; the higher the Fund&#8217;s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund&#8217;s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Credit Risk</b> | High Yield securities (&#8220;junk&#8221; bonds) are subject to greater risk of loss than investment grade securities. The degree of risk for a particular security may not be reflected in its credit rating, and high yield securities may be particularly subject to this risk. Bonds rated, at the time of purchase, BB or lower by Standard &amp; Poor&#8217;s (&#8220;junk&#8221; bonds) or, unrated, but determined to be of comparable quality by the Investment Manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Sector Risk</b> | If certain industry sectors or types of securities don&#8217;t perform as well as the Fund expects, the Fund&#8217;s performance could suffer.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Excluded Security Risk</b> | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier that other Funds that invest in a broader array of securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who want a high level of current income and are willing to accept a significant degree of volatility and risk. </p></li></ol> As with most other mutual funds, you can lose money by investing in this Fund. 0 0.01 <b>PAST PERFORMANCE</b> <b>The Fund commenced investment operations on May 7, 2007. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 0 After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. 0 <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>www.timothyplan.com</b> <b>(800) 846-7526</b> 0 <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> 0 <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) -0.2955 <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Stock Market Risk</b> | This Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Emerging Market Risk</b> | The Fund&#8217;s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in emerging foreign countries. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b> Issuer-Specific Changes</b> | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Currency Risk</b> | Because the securities being purchased by this Fund are frequently foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund&#8217;s investments in foreign securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Larger Company Investing Risk</b> | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Smaller Company Investing Risk</b> | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Excluded Security Risk</b> | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Growth Risk</b> | This Fund invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the Investment Manager&#8217;s perception of a company&#8217;s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund&#8217;s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;growth&#8221; stocks may perform differently from the market as a whole and other types of securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Who Should Buy This Fund</b> | This Fund is most appropriate for investors who understand the risks of investing in the international stock markets and who are willing to accept significant amounts of volatility and risk.</p></li></ol> 0.5317 0.1167 0.0403 <b>Best</b> Quarter 0.1262 2002-09-30 0.0598 After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <b>Worst</b> Quarter 2004-06-30 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. -0.0355 <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Jun-09</center></td><td></td><td><center>Dec-08</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>27.25%</center></td><td></td><td><center>-21.55%</center></td></tr></table> <b>Best</b> Quarter As with most other mutual funds, you can lose money by investing in this Fund. 2009-06-30 0.2725 <b>Worst</b> Quarter 2008-12-31 -0.2155 <b>PAST PERFORMANCE </b> 0.045 0 0.057 0 0.01 0.0344 0.0111 0.0311 0.0065 0 0.0065 0 0.0519 -0.0005 0.0865 0 0 0.0546 0 0.0075 0.0711 0.0256 0.006 0.006 <b>This is a new Fund without an operating history. Accordingly, performance information is not available at this time. </b> 0.0046 0.0046 0.0025 0.01 0.0147 0.0147 0.0054 0.0054 <b>This is a new Fund without an operating history. Accordingly, performance information is not available at this time. </b> 0.0258 0.0333 0.0001 0.0001 0.0078 0.0051 0.0422 0.0036 0.014 0.0215 218 673 1154 0.0394 0.0288 0.0311 0.0595 2483 0.0324 0.0223 <b>Example: </b> 0.0217 0.0527 <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> 0.0749 0.0544 0.0482 0.1513 0.1074 0.0888 0.0693 0.1513 0.0613 0.0368 0.0371 0.0953 0.0628 0.0411 0.0402 0.0953 797 436 1308 1024 1845 1736 3304 3622 <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>PORTFOLIO TURNOVER</b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 33% of the average value of its portfolio. </b> <b>PRINCIPAL INVESTMENT STRATEGIES</b> After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Dec-11</center></td><td></td><td><center> Sep-11</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>8.42%</center></td><td></td><td><center>-4.57%</center></td></tr></table> <b> The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. </b> 0.0527 0.0321 0.0612 <b> www.timothyplan.com </b> <b> (800) 846-7526 </b> <b> The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. </b> As with most other mutual funds, you can lose money by investing in this Fund. 0.0522 0.0283 0.0296 0.0612 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 Fund fees and expenses. A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 50000 <b> You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. </b> 0.33 2.47 336 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyPlanEmergingMarketsFund column period compact * ~</div> 1024 1736 3622 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyPlanEmergingMarketsFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyPlanHighYieldBondFundBarChart column period compact * ~</div> 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 Fund fees and expenses. 0.1294 0.0891 0.0465 <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</b> <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> <b>PRINCIPAL RISKS </b> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Stock Market Risk</b> | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Foreign Risk </b> | The Fund&#8217;s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in a foreign country. The Fund may invest in emerging markets. Emerging markets expose the Fund to additional risks due to the lack of historical or regulatory controls.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Issuer-Specific Risk</b> | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Currency Risk</b> | Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund&#8217;s investments in foreign securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Larger Company Investing Risk</b> | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Smaller Company Investing Risk</b> | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Excluded Security Risk</b> | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Growth Risk</b> | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager&#8217;s perception of a company&#8217;s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund&#8217;s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;growth&#8221; stocks may perform differently from the market as a whole and other types of securities. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who understand the risks of investing in the international stock markets and who are willing to accept significant amounts of volatility and risk.</p></li></ol> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 32% of the average value of its portfolio.</b> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyFixedIncomeFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyFixedIncomeFund column period compact * ~</div> 0.32 <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Jun-09</center></td><td></td><td><center>Dec-08</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>19.29%</center></td><td></td><td><center>-24.53%</center></td></tr></table> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyFixedIncomeFundBarChart column period compact * ~</div> <b>Shareholder Fees </b><br/>(fees paid directly from your investment) <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyPlanEmergingMarketsFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyPlanEmergingMarketsFund column period compact * ~</div> <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) 0.3881 0.116 -0.0101 0.1969 0.0287 -0.325 0.2005 0.242 -0.0272 0.1709 2003-06-30 0.2035 2008-12-31 -0.2699 <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Jun-03</center></td><td></td><td><center>Dec-08</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>20.35%</center></td><td></td><td><center>-26.99%</center></td></tr></table> 0.1065 0.1059 0.0692 0.1635 0.1511 0.1511 0.0982 0.1635 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyAggressiveGrowthFundBarChart column period compact * ~</div> 0.0162 0.0155 0.0133 0.0356 0.02 0.0193 0.0166 0.0356 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothySmallCapValueFund column period compact * ~</div> 0.0742 0.0635 0.0609 0.0972 0.0402 0.028 0.0299 0.0575 <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Sep-02</center></td><td></td><td><center>Jun-04</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>5.98%</center></td><td></td><td><center>-3.55%</center></td></tr></table> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothySmallCapValueFund column period compact * ~</div> A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothySmall-CapValueFundBarChart column period compact * ~</div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyAggressiveGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyAggressiveGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyPlanDefensiveStrategiesFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyPlanDefensiveStrategiesFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyPlanDefensiveStrategiesFundBarChart column period compact * ~</div> <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) 0.012 0.0095 0.0078 0.1124 -0.0014 -0.0064 -0.0038 0.0344 <b>Best</b> Quarter 2003-06-30 0.0414 0.0397 0.2022 0.0825 <b>Worst</b> Quarter 2008-12-31 -0.2884 0.0516 0.0516 0.0335 0.1124 0.0026 -0.0012 0.0005 0.0344 0.0308 0.0244 0.0249 0.0616 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleShareholderFeesTimothyIsraelCommonValuesFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAverageAnnualTotalReturnsTransposedTimothyIsraelCommonValuesFund column period compact * ~</div> <b>Best</b> Quarter <b>Worst</b> Quarter <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Jun-03</center></td><td></td><td><center>Dec-08</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>20.22%</center></td><td></td><td><center>-28.84%</center></td></tr></table> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>General Risk </b>| As with most other mutual funds, you can lose money by investing in the Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b>Portfolio Risk </b>| The Fund is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Fund invests:</p></li></ol><ul type="square"><li style="margin-left:60px"> <b>Stock Market Risk:</b> The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.</li></ul><ul type="square"><li style="margin-left:60px"><b> Larger Company Investing Risk:</b> Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Mid-size Company Investing Risk: </b> Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Small Company Investing Risk: </b> Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Excluded Security Risk: </b> Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Growth Risk: </b> The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager&#8217;s perception of a company&#8217;s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund&#8217;s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;growth&#8221; stocks may perform differently from the market as a whole and other types of securities. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Value Investing Risk: </b> Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;value&#8221; stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Sector Risk: </b> If certain industry sectors or types of securities don&#8217;t perform as well as the Fund expects, the Fund&#8217;s performance could suffer. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Foreign Risk: </b> The Fund&#8217;s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in a foreign country. </li></ul><ul type="square"><li style="margin-left:60px"><b>Currency Risk: </b> Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund&#8217;s investments in foreign securities. </li></ul><ul type="square"><li style="margin-left:60px"><b>High Yield Security Risk: </b> Investments in fixed-income securities that are rated below investment grade (&#8220;high yield securities&#8221;) by one or more NRSROs may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher-rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund&#8217;s ability to buy or sell optimal quantities of high yield securities at desired prices. </li></ul><ul type="square"><li style="margin-left:60px"><b>Interest Rate Risk: </b> To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to interest rate risk. When interest rates rise, bond prices fall; the higher the High Yield Bond Fund&#8217;s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund&#8217;s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk. </li></ul><ul type="square"><li style="margin-left:60px"><b>Credit Risk: </b> To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to credit risk. The Fund could lose money if any bonds owned by the High Yield Bond Fund are downgraded in credit rating or go into default. </li></ul><ul type="square"><li style="margin-left:60px"><b>Real Estate Investment Trust Risk: </b> The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs. </li></ul><ul type="square"><li style="margin-left:60px"><b> Commodities-based Exchange Traded Funds Risk: </b> Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs, the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund&#8217;s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund&#8217;s entire ETF investment could be lost. </li></ul><ul type="square"><li style="margin-left:60px"><b>Treasury-Inflation Protected Securities Risk: </b> Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers. </li></ul><ul type="square"><li style="margin-left:60px"><b>Non-Diversification Risk: </b> Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund&#8217;s investments were more widely distributed. </li></ul><ul type="square"><li style="margin-left:60px"><b>Israel Risk: </b> Investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in a foreign country. </li></ul><ul type="square"><li style="margin-left:60px"><b>Emerging Market Risk: </b> The Fund&#8217;s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in emerging foreign countries. </li></ul><table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td width="4%" valign="top" align="left">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td align="left" valign="top"><b>Who Should Buy This Fund </b>| The Fund is most appropriate for investors who understand the risks of investing in moderately- to aggressively-oriented equity and bond funds and who wish to allocate their investments among multiple funds with a single investment. </td></tr></table> As with most other mutual funds, you can lose money by investing in the Fund. <b>PAST PERFORMANCE </b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>(800) 846-7526</b> <b>www.timothyplan.com</b> <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Jun-09</center></td><td></td><td><center>Dec-08</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>16.44%</center></td><td></td><td><center>-24.40%</center></td></tr></table> <b>Best</b> Quarter <b>Worst</b> Quarter <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) <b>Average Annual Total Returns </b><br/>(for periods ending on December 31, 2012) <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyIsraelCommonValuesFund column period compact * ~</div> A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyIsraelCommonValuesFundBarChart column period compact * ~</div> <b>Israel Common Values Fund </b><br/>CLASS A: TPAIX | CLASS C: TPCIX <b>INVESTMENT OBJECTIVE</b> <b>The investment objective of this Fund is to provide you with long-term growth of capital. </b> <b>FEES AND EXPENSES</b> <b>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in &#8220;How to Reduce Your Sales Charge&#8221; on page 72 of the prospectus and &#8220;Purchase, Redemption, and Pricing of Shares&#8221; on page 38 of the Funds&#8217; Statement of Additional Information. </b> 0.055 0 <b>Shareholder Fees</b><br/>(fees paid directly from your investment) <b>Annual Fund Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment) A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 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 Fund fees and expenses. <b>Example: </b> <b>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </b> 0 0.01 <b>The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher. </b> 0 0 <b>PORTFOLIO TURNOVER</b> <b>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund&#8217;s performance. During the Fund&#8217;s most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 37% of the average value of its portfolio. </b> 0 0 0.37 <b>PRINCIPAL INVESTMENT STRATEGIES</b> <ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund&#8217;s total assets in the common stock of companies domiciled and/or headquartered in Israel through the purchase of American Depository Receipts (ADRs) and direct investments in such companies on Foreign stock exchanges, without regard to market capitalizations.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund invests its assets in companies which the Fund&#8217;s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager&#8217;s investment criteria.</p></li></ul><ul type="square"><li style="margin-left:-20px"><p style="PADDING-LEFT: 25px"> The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.</p></li></ul> <b>PRINCIPAL RISKS</b> <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>General Risk</b> | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px">Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Israel Risk</b> | The Fund&#8217;s investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in a foreign country.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b> Issuer-Specific Risk</b> | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole. </p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Country-Specific Risk</b> | The Fund invests only in Israeli securities, and Israel is subject to unique political and economic risks. As a result, Israeli securities can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Currency Risk</b> | Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund&#8217;s investments in foreign securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Larger Company Investing Risk</b> | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Smaller Company Investing Risk</b> | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Excluded Security Risk</b> | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Growth Risk</b> | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager&#8217;s perception of a company&#8217;s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund&#8217;s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;growth&#8221; stocks may perform differently from the market as a whole and other types of securities.</p></li><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>Who Should Buy This Fund</b> | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept significant amounts of volatility and risk.</p></li></ol> As with most other mutual funds, you can lose money by investing in this Fund. <b>PAST PERFORMANCE</b> 0.01 0.01 <b>The Fund commenced investment operations on October 12, 2012. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> 0.0025 0.01 <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b>(800) 846-7526</b> <b>www.timothyplan.com</b> 0.0157 0.0153 289 459 <b>Year-by-year Annual Total Returns for Class A Shares </b><br/>(for calendar years ending on December 31) 0.0373 0.0373 0.0242 0.0721 0.0792 0.0792 0.0515 0.0721 <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> 0.0004 0.0004 884 1093 0.0286 0.0357 <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Mar-12</center></td><td></td><td><center>Jun-12</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>10.12%</center></td><td></td><td><center>-9.83%</center></td></tr></table> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. 1506 1848 <b>Best</b> Quarter 2012-03-31 0.1012 <b>Worst</b> Quarter 0.0209 0.0209 0.0178 2012-06-30 0.0562 0.0611 0.0611 0.052 0.0562 3181 3832 -0.0983 0.0982 236 727 1245 2666 <b>Average Annual Total Returns</b><br/> (for periods ending on December 31, 2012) 0.2796 0.0809 0.0625 0.1041 0.1045 -0.3982 0.284 0.1454 -0.042 0.106 0.0449 0.0427 0.0292 0.1396 0.0876 0.0876 0.057 0.1396 -0.0239 -0.0286 -0.0223 0.0258 -0.0205 -0.0244 -0.0188 0.0258 0.0473 0.0412 0.0399 0.0919 0.0216 0.0158 0.0179 0.0653 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. The Fund normally will invest at least 75% of its total assets in the following Traditional Funds according to the following approximate range of percentages:<br/><br/><table cellspacing="0" cellpadding="0" width="70%" border="0" style="BORDER-COLLAPSE:COLLAPSE"><tr><td width="51%"></td><td valign="bottom" width="2%"></td><td width="47%"></td></tr><tr bgcolor="#7f7f7f"><td valign="bottom" style="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">Timothy Plan Traditional Fund</td><td valign="bottom" style="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</td><td valign="bottom" style="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <p style="margin-top:0px;margin-bottom:0px">% of Fund&#8217;s Net Assets</p><p style="margin-top:0px;margin-bottom:1px">Invested in Traditional Fund</p></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <b>Small Cap Value Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp;</td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">5 - 10%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <b>Large/Mid Cap Value Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp;</td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">15 - 25%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"><b>Large/Mid Cap Growth Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp;</td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">15 - 25%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <b>Aggressive Growth Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp; </td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">5 - 10%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <b>High Yield Bond Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp; </td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">5 - 15%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <b>International Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp; </td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">20 - 30%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <b>Israel Common Values Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp; </td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">5 - 10%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <b>Emerging Markets Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">&nbsp;&nbsp;</td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f">5 - 10%</td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #000000"> <b>Defensive Strategies Fund</b></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</td><td valign="bottom" style="BORDER-BOTTOM:1px solid #000000">5 - 15%</td></tr></table><br/>Timothy Partners, Ltd. (&#8220;TPL&#8221;) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund&#8217;s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program. <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> 50000 <b>Average Annual Total Returns </b><br/>(for periods ending on December 31, 2012) <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualFundOperatingExpensesTimothyIsraelCommonValuesFund column period compact * ~</div> with a secondary objective of current income. <ol><li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"> <b>General Risk</b> | As with most other mutual funds, you can lose money by investing in the Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them. </p></li> <li style="margin-left:-20px"><p style="PADDING-LEFT: 40px"><b> Portfolio Risk </b> | The Fund is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Fund invests: </p></li></ol> <ul type="square"><li style="margin-left:60px"><b>Stock Market Risk:</b> The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.</li></ul> <ul type="square"><li style="margin-left:60px"><b>Larger Company Investing Risk:</b> Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. </li></ul><ul type="square"><li style="margin-left:60px"><b>Mid-size Company Investing Risk:</b> Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Small Company Investing Risk:</b> Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company&#8217;s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Excluded Security Risk:</b> Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Growth Risk:</b> The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager&#8217;s perception of a company&#8217;s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund&#8217;s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;growth&#8221; stocks may perform differently from the market as a whole and other types of securities. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Value Investing Risk:</b> Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, &#8220;value&#8221; stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Sector Risk: </b> If certain industry sectors or types of securities don&#8217;t perform as well as the Fund expects, the Fund&#8217;s performance could suffer. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Foreign Risk: </b> The Fund&#8217;s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in a foreign country. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Currency Risk: </b> Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund&#8217;s investments in foreign securities. </li></ul> <ul type="square"><li style="margin-left:60px"><b>High Yield Security Risk: </b> Investments in fixed-income securities that are rated below investment grade (&#8220;high yield securities&#8221;) by one or more NRSROs may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher&#8212; rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund&#8217;s ability to buy or sell optimal quantities of high yield securities at desired prices. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Interest Rate Risk:</b> To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to interest rate risk. When interest rates rise, bond prices fall; the higher the High Yield Bond Fund&#8217;s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund&#8217;s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Credit Risk:</b> To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to credit risk. The Fund could lose money if any bonds owned by the High Yield Bond Fund are downgraded in credit rating or go into default. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Real Estate Investment Trust Risk:</b> The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Commodities-based Exchange Traded Funds Risk: </b> Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs, the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund&#8217;s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund&#8217;s entire ETF investment could be lost. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Treasury-Inflation Protected Securities Risk:</b> Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Non-Diversification Risk:</b> Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund&#8217;s investments were more widely distributed. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Israel Risk:</b> Investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in a foreign country. </li></ul> <ul type="square"><li style="margin-left:60px"><b>Emerging Market Risk</b> | The Fund&#8217;s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund&#8217;s investments in emerging foreign countries. </li></ul> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td width="4%" valign="top" align="left">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td align="left" valign="top"><b>Who Should Buy This Fund </b> | The Fund is most appropriate for investors who understand the risks of investing in moderately risk-oriented equity and bond funds, but who also wish to realize current income and allocate their investments among multiple funds with a single investment.</td></tr></table> <ul type="square"><li><b>Non-Diversification Risk:</b> Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fundinvestments were more widely distributed. </li></ul> As with most other mutual funds, you can lose money by investing in the Fund. The Fund normally will invest at least 75% of its total assets in the following Traditional Funds according to the following approximate range of percentages:<br/><br/><table cellspacing="0" cellpadding="0" width="70%" border="0" style="BORDER-COLLAPSE:COLLAPSE"><tr><td width="51%"></td><td valign="bottom" width="2%"></td><td width="47%"></td></tr><tr bgcolor="#7f7f7f"><td valign="bottom" style="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><font>Timothy Plan Traditional Fund</font></td><td valign="bottom" style="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <p style="margin-top:0px;margin-bottom:0px"><font>% of Fund&#8217;s Net Assets</font></p><p style="margin-top:0px;margin-bottom:1px"><font>Invested in Traditional Fund</font></p></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>Small Cap Value Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>0 - 10%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>Large/Mid Cap Value Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>10 - 20%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>Large/Mid Cap Growth Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>5 - 15%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>Aggressive Growth Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>0 - 5%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>High Yield Bond Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>5 - 15%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>Fixed Income Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>20 - 40%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #000000"> <font><b>International Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>5 - 15%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>Israel Common Values Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>0 - 5%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #7f7f7f"> <font><b>Emerging Markets Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #7f7f7f"><font>0 - 5%</font></td></tr><tr><td valign="top" style="BORDER-BOTTOM:1px solid #000000"> <font><b>Defensive Strategies Fund</b></font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #000000"><font size="1">&nbsp;&nbsp;</font></td><td valign="bottom" style="BORDER-BOTTOM:1px solid #000000"><font>10 - 30%</font></td></tr></table><br/>Timothy Partners, Ltd. (&#8220;TPL&#8221;) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund&#8217;s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program. <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund&#8217;s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526. </b><br/><br/><b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index. </b> <b> The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> <b> (800) 846-7526</b> <b> www.timothyplan.com </b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> 0.2022 0.0641 0.0556 0.0986 0.0885 -0.2888 0.2223 0.1157 0.0121 0.0704 <table border="0"> <tr><td></td><td></td><td><center><b>Best</b></center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center><b>Worst</b></center></td></tr> <tr><td></td><td></td><td><center>Quarter</center></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Quarter</center></td></tr><tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td><center>Jun-09</center></td><td></td><td><center>Dec-08</center></td></tr> <tr><td><b></b></td><td>&nbsp;&nbsp;&nbsp;</td><td><center>12.63%</center></td><td></td><td><center>-17.02%</center></td></tr></table> <b>Best</b> Quarter 2009-06-30 0.1263 <b>Worst</b> Quarter 2008-12-31 -0.1702 0.0483 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyConservativeGrowthFund column period compact * ~</div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyConservativeGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyConservativeGrowthFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyIsraelCommonValuesFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleAnnualTotalReturnsTimothyStrategicGrowthFundBarChart column period compact * ~</div> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <b>Best</b> Quarter 2011-12-31 0.0842 <b>Worst</b> Quarter 2011-09-30 -0.0457 2012-10-12 2012-10-12 2012-10-12 2012-10-12 2012-10-12 2012-10-12 2012-10-12 2012-10-12 <b>The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund&#8217;s performance from year to year and by comparing the Fund&#8217;s performance to a broad based index.</b> <b>The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</b> 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 Fund fees and expenses. A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust&#8217;s Distributor, Timothy Partners, Ltd., will pay a finders&#8217; fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 50000 <b>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.</b> <b>The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown. </b> <ul type="square"><li style="margin-left:60px"><b>Non-Diversification Risk: </b> Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund&#8217;s investments were more widely distributed. </li></ul> -0.244 2008-12-31 2009-06-30 0.1644 <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td width="4%" valign="top" align="left">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td align="left" valign="top"><b>Non-Diversification Risk</b> | Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund&#8217;s investments were more widely distributed.</td></tr></table> 0.0322 0.0704 810 460 1367 1094 1949 1850 3517 3836 360 1094 1850 3836 <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleTimothyStrategicGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.timothyplan.com/role/ScheduleExpenseExampleNoRedemptionTimothyStrategicGrowthFund column period compact * ~</div> Real Estate Investment Trusts (REITs), that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate, all of which are historically sensitive to both inflation and deflation. 586 318 873 673 1181 1154 2054 2483 A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. 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 Fund fees and expenses. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. The Fund commenced investment operations on October 12, 2012. The MSCI EAFE Index is a free float-adjusted market capitalization index that is designed to measure the equity market performance of 21 developed markets, excluding the U.S. and Canada. The Russell Mid Cap Growth Index is a widely recognized, unmanaged index of Mid Capitalization growth companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses. The Russell 1000 Growth Index is a widely recognized, unmanaged index of 1000 large-capitalization companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses. The S&P 500 Index is a widely recognized, unmanaged index of common stock prices. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses. A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finder's fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase. “Other Expenses” are estimated for the Fund’s first year of operations. The DJ Moderately Conservative US Portfolio Index is rebalanced monthly to the appropriate percentage of the risk experienced by the all stock Portfolio Index over the previous 36 months. It reflects a portfolio in which the equities represent 40% of the portfolio, and provides an evaluation of the return on investment considering the amount of risk taken. Barclays Capital U.S. Aggregate Bond Index (formerly Lehman Brothers US Aggregate Bond Index) is a benchmark index composed of US Securities in Treasury, Government-Related, Corporate, and Securitized sectors. It includes securities that are of investment-grade quality or better, have at least one year to maturity, and have an outstanding par value of at least $250 million. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses. Barclays Capital U.S. Corporate High Yield Bond Index is an unmanaged index that measures the performance of intermediate (1 to 10 year) U.S. high yield issues. It includes fixed-rate, noninvestment grade debt issues rated Ba1 or lower by Moody's, BB+ or lower by S&P, below investment grade by Fitch Investor's Service or if unrated, previously held a high yield rating or have been associated with a high yield issuer, and must trade accordingly. The Russell 2000 Index is a widely recognized, unmanaged index of 2000 Small Capitalization companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses. DJ Global Moderately Aggressive Portfolio Index is a widely recognized measure of portfolios with similar levels of risk. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses. Israel TA 100 Index is an unmanaged index that measures the performance of 100 Israeli issues. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses. The DJ Global Moderate Portfolio Index is a widely recognized, measure of portfolios with similar levels of risk. The Portfolio Index is rebalanced monthly to the appropriate percentage of risk experienced by the all stock Portfolio Index over the previous thirty-six months. 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Small-Cap Value Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Small Cap Value Fund
CLASS A: TPLNX | CLASS C: TSVCX
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to provide you with long-term growth of capital,
Objective, Secondary [Text Block] rr_ObjectiveSecondaryTextBlock with a secondary objective of current income.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 65% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 65.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • The Fund seeks to achieve its investment objective by primarily investing at least 80% of the Fund’s total assets in U.S. Small Cap stocks. Small Cap stocks refer to the common stock of smaller companies — companies whose total market capitalization is less than $2 billion. This Fund invests using a value investing style. Value funds typically emphasize stocks whose prices are below average in relation to such measures as earnings and book value; these stocks often have above-average dividend yields. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • In determining whether to invest in a particular company, the Fund’s Investment Manager focuses on a number of different attributes of the company, including the company’s market expertise, balance sheet, improving return on equity, price to earnings ratios, industry position and strength, management and a number of other factors. Analyzing companies in this manner is known as a “bottom up” approach to investing. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may invest in equity securities of foreign issuers in the form of American Depositary Receipts (ADRs). ADRs are certificates held in trust by a U.S. bank or trust company evidencing ownership of shares of foreign-based issuers, and are an alternative to purchasing foreign securities in their national market and currency.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  4. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  5. Foreign Risk | The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country. There is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  6. Value Investing Risk | Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept moderate amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Jun-03
Dec-08
   
20.35%
-26.99%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Small-Cap Value Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.49%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.60% [2]
1 Year rr_ExpenseExampleYear01 704
3 Years rr_ExpenseExampleYear03 1,027
5 Years rr_ExpenseExampleYear05 1,373
10 Years rr_ExpenseExampleYear10 2,346
2003 rr_AnnualReturn2003 38.81%
2004 rr_AnnualReturn2004 11.60%
2005 rr_AnnualReturn2005 (1.01%)
2006 rr_AnnualReturn2006 19.69%
2007 rr_AnnualReturn2007 2.87%
2008 rr_AnnualReturn2008 (32.50%)
2009 rr_AnnualReturn2009 20.05%
2010 rr_AnnualReturn2010 24.20%
2011 rr_AnnualReturn2011 (2.72%)
2012 rr_AnnualReturn2012 17.09%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2003
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.35%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (26.99%)
1 Year rr_AverageAnnualReturnYear01 10.65%
5 Years rr_AverageAnnualReturnYear05 1.62%
10 Years rr_AverageAnnualReturnYear10 7.42%
Timothy Small-Cap Value Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.49%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.35% [2]
1 Year rr_ExpenseExampleYear01 338
3 Years rr_ExpenseExampleYear03 733
5 Years rr_ExpenseExampleYear05 1,255
10 Years rr_ExpenseExampleYear10 2,686
1 Year rr_ExpenseExampleNoRedemptionYear01 238
3 Years rr_ExpenseExampleNoRedemptionYear03 733
5 Years rr_ExpenseExampleNoRedemptionYear05 1,255
10 Years rr_ExpenseExampleNoRedemptionYear10 2,686
1 Year rr_AverageAnnualReturnYear01 15.11%
5 Years rr_AverageAnnualReturnYear05 2.00%
Since Inception rr_AverageAnnualReturnSinceInception 4.02%
Timothy Small-Cap Value Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.59% [3]
5 Years rr_AverageAnnualReturnYear05 1.55% [3]
10 Years rr_AverageAnnualReturnYear10 6.35% [3]
Timothy Small-Cap Value Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.11% [3]
5 Years rr_AverageAnnualReturnYear05 1.93% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.80% [3]
Timothy Small-Cap Value Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.92% [3]
5 Years rr_AverageAnnualReturnYear05 1.33% [3]
10 Years rr_AverageAnnualReturnYear10 6.09% [3]
Timothy Small-Cap Value Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.82% [3]
5 Years rr_AverageAnnualReturnYear05 1.66% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.99% [3]
Timothy Small-Cap Value Fund | Russell 2000 Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 16.35% [4]
5 Years rr_AverageAnnualReturnYear05 3.56% [4]
10 Years rr_AverageAnnualReturnYear10 9.72% [4]
Timothy Small-Cap Value Fund | Russell 2000 Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 16.35% [4]
5 Years rr_AverageAnnualReturnYear05 3.56% [4]
Since Inception rr_AverageAnnualReturnSinceInception 5.75% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] The Russell 2000 Index is a widely recognized, unmanaged index of 2000 Small Capitalization companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
XML 10 R79.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Plan Emerging Markets Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Emerging Markets Fund
CLASS A: TPEMX | CLASS C: TPECX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to provide you with long-term growth of capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the fund’s performance. The Fund is new and has not yet had any portfolio turnover.
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” are estimated for the Fund’s first year of operations.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund’s total assets in the common stock of companies domiciled and/or headquartered in emerging market countries through the purchase of American Depository Receipts (ADRs) and direct investments in such companies on Foreign stock exchanges, without regard to market capitalizations. Emerging markets or emerging economies are nations with social or business activity in the process of rapid growth and industrialization. Companies “domiciled” in such countries are companies that are organized and registered in the country. Companies “headquartered” in a country are those companies that have their main office in the country, but may be “domiciled” in another country.

  • This Fund invests its assets in companies which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Such criteria include market positioning, management strength, transparency of accounting and financial reporting, and other criteria. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | This Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Emerging Market Risk | The Fund’s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in emerging foreign countries.

  4. Issuer-Specific Changes | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  5. Currency Risk | Because the securities being purchased by this Fund are frequently foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  6. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  7. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  8. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  9. Growth Risk | This Fund invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the Investment Manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  10. Who Should Buy This Fund | This Fund is most appropriate for investors who understand the risks of investing in the international stock markets and who are willing to accept significant amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock This is a new Fund without an operating history. Accordingly, performance information is not available at this time.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess This is a new Fund without an operating history. Accordingly, performance information is not available at this time.
Timothy Plan Emerging Markets Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 1.20%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.49%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.95% [2]
1 Year rr_ExpenseExampleYear01 737
3 Years rr_ExpenseExampleYear03 1,128
5 Years rr_ExpenseExampleYear05 1,544
10 Years rr_ExpenseExampleYear10 2,700
Timothy Plan Emerging Markets Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 1.20%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.49%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.70% [2]
1 Year rr_ExpenseExampleYear01 373
3 Years rr_ExpenseExampleYear03 838
5 Years rr_ExpenseExampleYear05 1,430
10 Years rr_ExpenseExampleYear10 3,032
1 Year rr_ExpenseExampleNoRedemptionYear01 273
3 Years rr_ExpenseExampleNoRedemptionYear03 838
5 Years rr_ExpenseExampleNoRedemptionYear05 1,430
10 Years rr_ExpenseExampleNoRedemptionYear10 3,032
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] “Other Expenses” are estimated for the Fund’s first year of operations.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Plan Defensive Strategies Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Defensive Strategies Fund
CLASS A: TPDAX | CLASS C: TPDCX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is the protection of principal through aggressive, proactive reactions to prevailing economic conditions.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 247% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 247.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock To achieve its goal, the Fund will invest varying percentages of the Fund’s total assets in the investment Sectors set forth below:
  • Real Estate Investment Trusts (REITs), that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate, all of which are historically sensitive to both inflation and deflation.

  • Commodities-based Exchange Traded Funds (ETFs), which trade like stocks, yet provide the opportunity to invest in inflation sensitive physical commodities and/or commodities futures markets. Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles.

  • Treasury-Inflation Protected Securities (TIPS), which coupon payments and underlying principal are automatically increased to compensate for inflation as measured by the consumer price index (CPI).

  • Cash and cash equivalents.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies by taking large, small, or even no position in any one or more of the Asset Classes in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

  • Current income is not a significant investment consideration and any such income realized will be considered incidental to the Fund’s investment objective. To allow for optimal flexibility, the Fund is classified as a “non-diversified” fund, and, as such, the Fund’s portfolio may include the securities of a smaller total number of issuers than if the Fund were classified as “diversified”.

Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Real Estate Investment Trusts (REITs), that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate, all of which are historically sensitive to both inflation and deflation.
Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Real Estate Investment Trust Risk | The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs.

  3. Commodities-based Exchange Traded Funds Risk | Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund’s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund’s entire ETF investment could be lost.

  4. Treasury-Inflation Protection Securities Risk | Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers.

  5. Interest Rate Risk | When interest rates rise, bond prices fall; the higher the Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.

  6. Credit Risk | The Fund could lose money if any bonds it owns are downgraded in credit rating or go into default. For this reason, the Fund will only invest in investment-grade bonds. The degree of risk for a particular security may be reflected in its credit rating. Bonds rated at the time of purchase BBB by Standard & Poor’s, or unrated, but determined to be of comparable quality by the investment manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities.

  7. Sector Risk | If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.

  8. Excluded Security Risk | Because the Fund does not invest in Excluded Securities (including certain REITs), and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other Funds that invest in a broader array of securities.

  9. Non-Diversification Risk | Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.

  10. Who Should Buy This Fund | The Fund is most appropriate for investors who seek a hedge against inflation, understand the risks of investing in each of the various asset classes, and who are willing to accept moderate amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus
9.            Non-Diversification Risk | Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The Fund commenced investment operations on November 4, 2009. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Dec-11
Sep-11
   
8.42%
-4.57%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Plan Defensive Strategies Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.60%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.49%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.13%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.47% [2]
1 Year rr_ExpenseExampleYear01 691
3 Years rr_ExpenseExampleYear03 988
5 Years rr_ExpenseExampleYear05 1,307
10 Years rr_ExpenseExampleYear10 2,208
2010 rr_AnnualReturn2010 12.94%
2011 rr_AnnualReturn2011 8.91%
2012 rr_AnnualReturn2012 4.65%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2011
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.42%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (4.57%)
1 Year rr_AverageAnnualReturnYear01 (1.14%)
5 Year rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 7.60%
Timothy Plan Defensive Strategies Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.60%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.49%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.13%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.22% [2]
1 Year rr_ExpenseExampleYear01 325
3 Years rr_ExpenseExampleYear03 693
5 Years rr_ExpenseExampleYear05 1,188
10 Years rr_ExpenseExampleYear10 2,551
1 Year rr_ExpenseExampleNoRedemptionYear01 225
3 Years rr_ExpenseExampleNoRedemptionYear03 693
5 Years rr_ExpenseExampleNoRedemptionYear05 1,188
10 Years rr_ExpenseExampleNoRedemptionYear10 2,551
1 Year rr_AverageAnnualReturnYear01 2.92%
5 Year rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 8.74%
Timothy Plan Defensive Strategies Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.17%) [3]
5 Year rr_AverageAnnualReturnYear05    [3]
Since Inception rr_AverageAnnualReturnSinceInception 6.60% [3]
Timothy Plan Defensive Strategies Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.89% [3]
5 Year rr_AverageAnnualReturnYear05    [3]
Since Inception rr_AverageAnnualReturnSinceInception 7.75% [3]
Timothy Plan Defensive Strategies Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (0.71%) [3]
5 Year rr_AverageAnnualReturnYear05    [3]
Since Inception rr_AverageAnnualReturnSinceInception 6.04% [3]
Timothy Plan Defensive Strategies Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.93% [3]
5 Year rr_AverageAnnualReturnYear05    [3]
Since Inception rr_AverageAnnualReturnSinceInception 7.04% [3]
Timothy Plan Defensive Strategies Fund | DJ Moderately Conservative US Portfolio Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.92% [4]
5 Year rr_AverageAnnualReturnYear05    [4]
Since Inception rr_AverageAnnualReturnSinceInception 11.31% [4]
Timothy Plan Defensive Strategies Fund | DJ Moderately Conservative US Portfolio Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.92% [4]
5 Year rr_AverageAnnualReturnYear05    [4]
Since Inception rr_AverageAnnualReturnSinceInception 11.31% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] The DJ Moderately Conservative US Portfolio Index is rebalanced monthly to the appropriate percentage of the risk experienced by the all stock Portfolio Index over the previous 36 months. It reflects a portfolio in which the equities represent 40% of the portfolio, and provides an evaluation of the return on investment considering the amount of risk taken.
XML 13 R57.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Plan High Yield Bond Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading High Yield Bond Fund
CLASS A: TPHAX | CLASS C: TPHCX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to generate a high level of current income.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 24% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 24.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finder’s fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • To achieve its goal, the Fund normally invests at least 80% of its total assets in a diversified portfolio of high yield fixed income securities. These include corporate bonds, convertible securities and preferred securities. The Investment Manager will generally purchase securities for the Fund that are not investment grade (“junk” bonds), meaning securities with a rating of “BB” or lower as rated by Standard & Poor’s or a comparable rating by another nationally recognized rating agency. The Fund may also invest in debt securities that have not been rated by one of the major rating agencies, so long as the Fund’s Investment Manager has determined that the security is of comparable credit quality to similar rated securities. The Fund has adopted a non-fundamental investment policy that under normal circumstances will invest at least 80% of its assets in fixed income securities. This policy may not be changed without at least 60 days prior written notice to Fund shareholders.

  • In managing its portfolio, the Fund’s Investment Manager concentrates on sector analysis, industry allocation and securities selection, deciding which types of bonds and industries to emphasize at a given time, and then which individual bonds to buy. The Fund attempts to anticipate shifts in the business cycle in determining types of bonds and industry sectors to target. In choosing individual securities, the Fund seeks out securities that appear to be undervalued within the emphasized industry sector. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. High Yield Security Risk | Investments in fixed-income securities that are rated below investment grade (“high yield securities”) by one or more Nationally Recognized Statistical Rating Organization (NRSRO) may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher-rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund’s ability to buy or sell optimal quantities of high yield securities at desired prices.

  3. Interest Rate Risk | When interest rates rise, bond prices fall; the higher the Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.

  4. Credit Risk | High Yield securities (“junk” bonds) are subject to greater risk of loss than investment grade securities. The degree of risk for a particular security may not be reflected in its credit rating, and high yield securities may be particularly subject to this risk. Bonds rated, at the time of purchase, BB or lower by Standard & Poor’s (“junk” bonds) or, unrated, but determined to be of comparable quality by the Investment Manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities.

  5. Sector Risk | If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.

  6. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier that other Funds that invest in a broader array of securities.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who want a high level of current income and are willing to accept a significant degree of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The Fund commenced investment operations on May 7, 2007. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
27.25%
-21.55%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Plan High Yield Bond Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.60%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.54%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.40% [2]
1 Year rr_ExpenseExampleYear01 586
3 Years rr_ExpenseExampleYear03 873
5 Years rr_ExpenseExampleYear05 1,181
10 Years rr_ExpenseExampleYear10 2,054
2008 rr_AnnualReturn2008 (29.55%)
2009 rr_AnnualReturn2009 53.17%
2010 rr_AnnualReturn2010 11.67%
2011 rr_AnnualReturn2011 4.03%
2012 rr_AnnualReturn2012 12.62%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 27.25%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.55%)
1 Year rr_AverageAnnualReturnYear01 7.49%
5 Year rr_AverageAnnualReturnYear05 6.13%
Since Inception rr_AverageAnnualReturnSinceInception 5.22%
Timothy Plan High Yield Bond Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.60%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.54%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.15% [2]
1 Year rr_ExpenseExampleYear01 318
3 Years rr_ExpenseExampleYear03 673
5 Years rr_ExpenseExampleYear05 1,154
10 Years rr_ExpenseExampleYear10 2,483
1 Year rr_ExpenseExampleNoRedemptionYear01 218
3 Years rr_ExpenseExampleNoRedemptionYear03 673
5 Years rr_ExpenseExampleNoRedemptionYear05 1,154
10 Years rr_ExpenseExampleNoRedemptionYear10 2,483
1 Year rr_AverageAnnualReturnYear01 10.74%
5 Year rr_AverageAnnualReturnYear05 6.28%
Since Inception rr_AverageAnnualReturnSinceInception 5.27%
Timothy Plan High Yield Bond Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.44% [3]
5 Year rr_AverageAnnualReturnYear05 3.68% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.83% [3]
Timothy Plan High Yield Bond Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 8.88% [3]
5 Year rr_AverageAnnualReturnYear05 4.11% [3]
Since Inception rr_AverageAnnualReturnSinceInception 3.21% [3]
Timothy Plan High Yield Bond Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.82% [3]
5 Year rr_AverageAnnualReturnYear05 3.71% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.96% [3]
Timothy Plan High Yield Bond Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.93% [3]
5 Year rr_AverageAnnualReturnYear05 4.02% [3]
Since Inception rr_AverageAnnualReturnSinceInception 3.22% [3]
Timothy Plan High Yield Bond Fund | Barclays Capital U.S. Corporate High-Yield Bond Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.13% [4]
5 Year rr_AverageAnnualReturnYear05 9.53% [4]
Since Inception rr_AverageAnnualReturnSinceInception 6.12% [4]
Timothy Plan High Yield Bond Fund | Barclays Capital U.S. Corporate High-Yield Bond Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.13% [4]
5 Year rr_AverageAnnualReturnYear05 9.53% [4]
Since Inception rr_AverageAnnualReturnSinceInception 6.12% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finder's fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] Barclays Capital U.S. Corporate High Yield Bond Index is an unmanaged index that measures the performance of intermediate (1 to 10 year) U.S. high yield issues. It includes fixed-rate, noninvestment grade debt issues rated Ba1 or lower by Moody's, BB+ or lower by S&P, below investment grade by Fitch Investor's Service or if unrated, previously held a high yield rating or have been associated with a high yield issuer, and must trade accordingly.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Strategic Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Strategic Growth Fund
CLASS A: TSGAX | CLASS C: TSGCX
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of the Fund is to generate medium to high levels of long-term capital growth.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 33% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 33.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund normally will invest at least 75% of its total assets in the following Traditional Funds according to the following approximate range of percentages:

Timothy Plan Traditional Fund  

% of Fund’s Net Assets

Invested in Traditional Fund

Small Cap Value Fund  5 - 10%
Large/Mid Cap Value Fund  15 - 25%
Large/Mid Cap Growth Fund  15 - 25%
Aggressive Growth Fund   5 - 10%
High Yield Bond Fund   5 - 15%
International Fund   20 - 30%
Israel Common Values Fund   5 - 10%
Emerging Markets Fund  5 - 10%
Defensive Strategies Fund  5 - 15%

Timothy Partners, Ltd. (“TPL”) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund’s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program.
Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in the Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Portfolio Risk | The Fund is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Fund invests:

  • Stock Market Risk: The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.
  • Larger Company Investing Risk: Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.
  • Mid-size Company Investing Risk: Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Small Company Investing Risk: Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Excluded Security Risk: Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.
  • Growth Risk: The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.
  • Value Investing Risk: Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.
  • Sector Risk: If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.
  • Foreign Risk: The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Currency Risk: Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.
  • High Yield Security Risk: Investments in fixed-income securities that are rated below investment grade (“high yield securities”) by one or more NRSROs may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher-rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund’s ability to buy or sell optimal quantities of high yield securities at desired prices.
  • Interest Rate Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to interest rate risk. When interest rates rise, bond prices fall; the higher the High Yield Bond Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.
  • Credit Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to credit risk. The Fund could lose money if any bonds owned by the High Yield Bond Fund are downgraded in credit rating or go into default.
  • Real Estate Investment Trust Risk: The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs.
  • Commodities-based Exchange Traded Funds Risk: Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs, the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund’s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund’s entire ETF investment could be lost.
  • Treasury-Inflation Protected Securities Risk: Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers.
  • Non-Diversification Risk: Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.
  • Israel Risk: Investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Emerging Market Risk: The Fund’s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in emerging foreign countries.
3.            Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in moderately- to aggressively-oriented equity and bond funds and who wish to allocate their investments among multiple funds with a single investment.
Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in the Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus
  • Non-Diversification Risk: Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
16.44%
-24.40%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Strategic Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.65%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.50%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 1.67%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.82% [2]
1 Year rr_ExpenseExampleYear01 810
3 Years rr_ExpenseExampleYear03 1,367
5 Years rr_ExpenseExampleYear05 1,949
10 Years rr_ExpenseExampleYear10 3,517
2003 rr_AnnualReturn2003 27.96%
2004 rr_AnnualReturn2004 8.09%
2005 rr_AnnualReturn2005 6.25%
2006 rr_AnnualReturn2006 10.41%
2007 rr_AnnualReturn2007 10.45%
2008 rr_AnnualReturn2008 (39.82%)
2009 rr_AnnualReturn2009 28.40%
2010 rr_AnnualReturn2010 14.54%
2011 rr_AnnualReturn2011 (4.20%)
2012 rr_AnnualReturn2012 10.60%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.44%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.40%)
1 Year rr_AverageAnnualReturnYear01 4.49%
5 Year rr_AverageAnnualReturnYear05 (2.39%)
10 Year rr_AverageAnnualReturnYear10 4.73%
Timothy Strategic Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.65%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.75%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.50%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 1.67%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.57% [2]
1 Year rr_ExpenseExampleYear01 460
3 Years rr_ExpenseExampleYear03 1,094
5 Years rr_ExpenseExampleYear05 1,850
10 Years rr_ExpenseExampleYear10 3,836
1 Year rr_ExpenseExampleNoRedemptionYear01 360
3 Years rr_ExpenseExampleNoRedemptionYear03 1,094
5 Years rr_ExpenseExampleNoRedemptionYear05 1,850
10 Years rr_ExpenseExampleNoRedemptionYear10 3,836
1 Year rr_AverageAnnualReturnYear01 8.76%
5 Year rr_AverageAnnualReturnYear05 (2.05%)
Since Inception rr_AverageAnnualReturnSinceInception 2.16%
Timothy Strategic Growth Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.27% [3]
5 Year rr_AverageAnnualReturnYear05 (2.86%) [3]
10 Year rr_AverageAnnualReturnYear10 4.12% [3]
Timothy Strategic Growth Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 8.76% [3]
5 Year rr_AverageAnnualReturnYear05 (2.44%) [3]
Since Inception rr_AverageAnnualReturnSinceInception 1.58% [3]
Timothy Strategic Growth Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.92% [3]
5 Year rr_AverageAnnualReturnYear05 (2.23%) [3]
10 Year rr_AverageAnnualReturnYear10 3.99% [3]
Timothy Strategic Growth Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.70% [3]
5 Year rr_AverageAnnualReturnYear05 (1.88%) [3]
Since Inception rr_AverageAnnualReturnSinceInception 1.79% [3]
Timothy Strategic Growth Fund | DJ Global Moderately Aggressive Portfolio Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.96% [4]
5 Year rr_AverageAnnualReturnYear05 2.58% [4]
10 Year rr_AverageAnnualReturnYear10 9.19% [4]
Timothy Strategic Growth Fund | DJ Global Moderately Aggressive Portfolio Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.96% [4]
5 Year rr_AverageAnnualReturnYear05 2.58% [4]
Since Inception rr_AverageAnnualReturnSinceInception 6.53% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] DJ Global Moderately Aggressive Portfolio Index is a widely recognized measure of portfolios with similar levels of risk. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Large/Mip-Cap Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Large/Mid-Cap Growth Fund
CLASS A: TLGAX | CLASS C: TLGCX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to provide you with long-term growth of capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 127% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 127.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • The Fund seeks to achieve its investment objective by primarily investing at least 80% of the Fund’s total assets in larger U.S. stocks. Larger stocks refer to the common stock of companies whose total market capitalization is generally greater than $2 billion. Current income is not a significant investment consideration and any such income realized will be considered incidental to the Fund’s investment objective.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund normally invests in a portfolio of securities which includes a broadly diversified number of common stocks that the Fund’s Investment Manager believes show a high probability of superior prospects for above average growth. The Fund’s Investment Manager chooses these securities using a “bottom up” approach of extensively analyzing the financial, management and overall economic conditions of each potential investment. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  4. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  5. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  6. Mid-Sized Company Investing Risk | Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the domestic stock markets and who are willing to accept moderate amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-t to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Dec-01
Mar-01
   
16.48%
-23.99%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Large/Mip-Cap Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.58%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.69% [2]
1 Year rr_ExpenseExampleYear01 712
3 Years rr_ExpenseExampleYear03 1,053
5 Years rr_ExpenseExampleYear05 1,417
10 Years rr_ExpenseExampleYear10 2,438
2003 rr_AnnualReturn2003 20.04%
2004 rr_AnnualReturn2004 8.43%
2005 rr_AnnualReturn2005 3.44%
2006 rr_AnnualReturn2006 4.77%
2007 rr_AnnualReturn2007 5.09%
2008 rr_AnnualReturn2008 (36.30%)
2009 rr_AnnualReturn2009 31.74%
2010 rr_AnnualReturn2010 17.50%
2011 rr_AnnualReturn2011 (0.95%)
2012 rr_AnnualReturn2012 14.66%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2001
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.48%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Mar. 31, 2001
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.99%)
1 Year rr_AverageAnnualReturnYear01 8.40%
5 Year rr_AverageAnnualReturnYear05 1.14%
10 Year rr_AverageAnnualReturnYear10 4.60%
Timothy Large/Mip-Cap Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.59%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.45% [2]
1 Year rr_ExpenseExampleYear01 348
3 Years rr_ExpenseExampleYear03 764
5 Years rr_ExpenseExampleYear05 1,306
10 Years rr_ExpenseExampleYear10 2,786
1 Year rr_ExpenseExampleNoRedemptionYear01 248
3 Years rr_ExpenseExampleNoRedemptionYear03 764
5 Years rr_ExpenseExampleNoRedemptionYear05 1,306
10 Years rr_ExpenseExampleNoRedemptionYear10 2,786
1 Year rr_AverageAnnualReturnYear01 13.02%
5 Year rr_AverageAnnualReturnYear05 1.56%
Since Inception rr_AverageAnnualReturnSinceInception 2.60%
Timothy Large/Mip-Cap Growth Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.78% [3]
5 Year rr_AverageAnnualReturnYear05 0.69% [3]
10 Year rr_AverageAnnualReturnYear10 4.19% [3]
Timothy Large/Mip-Cap Growth Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.14% [3]
5 Year rr_AverageAnnualReturnYear05 1.06% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.11% [3]
Timothy Large/Mip-Cap Growth Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.07% [3]
5 Year rr_AverageAnnualReturnYear05 0.83% [3]
10 Year rr_AverageAnnualReturnYear10 3.90% [3]
Timothy Large/Mip-Cap Growth Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.17% [3]
5 Year rr_AverageAnnualReturnYear05 1.18% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.11% [3]
Timothy Large/Mip-Cap Growth Fund | Russell 1000 Growth Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.26% [4]
5 Year rr_AverageAnnualReturnYear05 3.12% [4]
10 Year rr_AverageAnnualReturnYear10 7.52% [4]
Timothy Large/Mip-Cap Growth Fund | Russell 1000 Growth Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.26% [4]
5 Year rr_AverageAnnualReturnYear05 3.12% [4]
Since Inception rr_AverageAnnualReturnSinceInception (5.00%) [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] The Russell 1000 Growth Index is a widely recognized, unmanaged index of 1000 large-capitalization companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.

XML 18 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Plan High Yield Bond Fund
High Yield Bond Fund
CLASS A: TPHAX | CLASS C: TPHCX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to generate a high level of current income.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Plan High Yield Bond Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 4.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finder's fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Plan High Yield Bond Fund
Class A
Class C
Management Fee 0.60% 0.60%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.54% 0.54%
Fees and Expenses of Acquired Funds 0.01% 0.01%
Total Annual Fund Operating Expenses [1] 1.40% 2.15%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Plan High Yield Bond Fund (USD $)
Class A
Class C
1 Year 586 318
3 Years 873 673
5 Years 1,181 1,154
10 Years 2,054 2,483
Expense Example, No Redemption (USD $)
Timothy Plan High Yield Bond Fund
Class C
1 Year 218
3 Years 673
5 Years 1,154
10 Years 2,483
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 24% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • To achieve its goal, the Fund normally invests at least 80% of its total assets in a diversified portfolio of high yield fixed income securities. These include corporate bonds, convertible securities and preferred securities. The Investment Manager will generally purchase securities for the Fund that are not investment grade (“junk” bonds), meaning securities with a rating of “BB” or lower as rated by Standard & Poor’s or a comparable rating by another nationally recognized rating agency. The Fund may also invest in debt securities that have not been rated by one of the major rating agencies, so long as the Fund’s Investment Manager has determined that the security is of comparable credit quality to similar rated securities. The Fund has adopted a non-fundamental investment policy that under normal circumstances will invest at least 80% of its assets in fixed income securities. This policy may not be changed without at least 60 days prior written notice to Fund shareholders.

  • In managing its portfolio, the Fund’s Investment Manager concentrates on sector analysis, industry allocation and securities selection, deciding which types of bonds and industries to emphasize at a given time, and then which individual bonds to buy. The Fund attempts to anticipate shifts in the business cycle in determining types of bonds and industry sectors to target. In choosing individual securities, the Fund seeks out securities that appear to be undervalued within the emphasized industry sector. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. High Yield Security Risk | Investments in fixed-income securities that are rated below investment grade (“high yield securities”) by one or more Nationally Recognized Statistical Rating Organization (NRSRO) may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher-rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund’s ability to buy or sell optimal quantities of high yield securities at desired prices.

  3. Interest Rate Risk | When interest rates rise, bond prices fall; the higher the Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.

  4. Credit Risk | High Yield securities (“junk” bonds) are subject to greater risk of loss than investment grade securities. The degree of risk for a particular security may not be reflected in its credit rating, and high yield securities may be particularly subject to this risk. Bonds rated, at the time of purchase, BB or lower by Standard & Poor’s (“junk” bonds) or, unrated, but determined to be of comparable quality by the Investment Manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities.

  5. Sector Risk | If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.

  6. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier that other Funds that invest in a broader array of securities.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who want a high level of current income and are willing to accept a significant degree of volatility and risk.

PAST PERFORMANCE
The Fund commenced investment operations on May 7, 2007. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
27.25%
-21.55%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Plan High Yield Bond Fund
1 Year
5 Year
Since Inception
Class A
7.49% 6.13% 5.22%
Class A Return after taxes on distributions
[1] 5.44% 3.68% 2.83%
Class A Return after taxes on distributions and sale of shares
[1] 4.82% 3.71% 2.96%
Class A Barclays Capital U.S. Corporate High-Yield Bond Index (reflects no deduction for fees, expenses or taxes)
[2] 15.13% 9.53% 6.12%
Class C
10.74% 6.28% 5.27%
Class C Return after taxes on distributions
[1] 8.88% 4.11% 3.21%
Class C Return after taxes on distributions and sale of shares
[1] 6.93% 4.02% 3.22%
Class C Barclays Capital U.S. Corporate High-Yield Bond Index (reflects no deduction for fees, expenses or taxes)
[2] 15.13% 9.53% 6.12%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] Barclays Capital U.S. Corporate High Yield Bond Index is an unmanaged index that measures the performance of intermediate (1 to 10 year) U.S. high yield issues. It includes fixed-rate, noninvestment grade debt issues rated Ba1 or lower by Moody's, BB+ or lower by S&P, below investment grade by Fitch Investor's Service or if unrated, previously held a high yield rating or have been associated with a high yield issuer, and must trade accordingly.
XML 19 R42.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Fixed Income Fund
Fixed Income Fund
CLASS A: TFIAX | CLASS C: TFICX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to generate a high level of current income consistent with prudent investment risk.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Fixed Income Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 4.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finder's fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Fixed Income Fund
Class A
Class C
Management Fee 0.60% 0.60%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.46% 0.46%
Fees and Expenses of Acquired Funds 0.01% 0.01%
Total Annual Fund Operating Expenses 1.32% 2.07%
Fee Waiver and/or Expense Reimbursement (0.15%) (0.15%)
Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement [1] 1.17% 1.92%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Fixed Income Fund (USD $)
Class A
Class C
1 Year 564 295
3 Years 837 636
5 Years 1,129 1,102
10 Years 1,960 2,392
Expense Example, No Redemption (USD $)
Timothy Fixed Income Fund
Class C
1 Year 195
3 Years 636
5 Years 1,102
10 Years 2,392
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 19% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • To achieve its goal, the Fund normally invests in a diversified portfolio of corporate bonds, U.S. government and agency securities, convertible securities and preferred securities. The Investment Manager will only purchase securities for the Fund that are investment grade, with a rating of at least “BBB” as rated by Standard & Poor’s or a comparable rating by another nationally recognized rating agency. The Fund may also invest in debt securities that have not been rated by one of the major rating agencies, so long as the Fund’s Investment Manager has determined that the security is of comparable credit quality to similar rated securities. The Fund has adopted a non-fundamental investment policy that under normal circumstances will invest at least 80% of its assets in fixed income securities. This policy may not be changed without at least 60 days prior written notice to Fund shareholders.

  • In managing its portfolio, the Fund’s Investment Manager concentrates on sector analysis, industry allocation and securities selection, deciding which types of bonds and industries to emphasize at a given time, and then which individual bonds to buy. The Fund attempts to anticipate shifts in the business cycle in determining types of bonds and industry sectors to target. In choosing individual securities, the Fund seeks out securities that appear to be undervalued within the emphasized industry sector. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Interest Rate Risk | When interest rates rise, bond prices fall; the higher the Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.

  3. Credit Risk | The Fund could lose money if any bonds it owns are downgraded in credit rating or go into default. For this reason, the Fund will only invest in investment-grade bonds. The degree of risk for a particular security may not be reflected in its credit rating. Bonds rated at the time of purchase BBB by Standard & Poor’s or, unrated, but determined to be of comparable quality by the Investment Manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities.

  4. Sector Risk | If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.

  5. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier that other Funds that invest in a broader array of securities.

  6. Who Should Buy This Fund | The Fund is most appropriate for investors who want a high level of current income and are willing to accept a minor degree of volatility and risk.

PAST PERFORMANCE
The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Sep-02
Jun-04
   
5.98%
-3.55%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Fixed Income Fund
1 Year
5 Year
10 Year
Since Inception
Class A
(2.08%) 3.74% 3.72%  
Class A Return after taxes on distributions
[1] (2.69%) 2.67% 2.47%  
Class A Return after taxes on distributions and sale of shares
[1] (1.35%) 2.56% 2.44%  
Class A Barclays Capital U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)
[2] 4.22% 5.95% 5.18%  
Class C
0.78% 3.94%   3.24%
Class C Return after taxes on distributions
[1] 0.36% 3.11%   2.23%
Class C Return after taxes on distributions and sale of shares
[1] 0.51% 2.88%   2.17%
Class C Barclays Capital U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)
[2] 4.22% 5.95%   5.27%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] Barclays Capital U.S. Aggregate Bond Index (formerly Lehman Brothers US Aggregate Bond Index) is a benchmark index composed of US Securities in Treasury, Government-Related, Corporate, and Securitized sectors. It includes securities that are of investment-grade quality or better, have at least one year to maturity, and have an outstanding par value of at least $250 million. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
XML 20 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Aggressive Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Aggressive Growth Fund
CLASS A: TAAGX | CLASS C: TCAGX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to provide you with long-term growth of capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 147% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 147.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • This Fund seeks to achieve its investment strategy by normally investing at least 80% of the Fund’s total assets in U.S. common stocks without regard to market capitalizations.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund invests its assets in the securities of a limited number of companies, which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  4. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  5. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  6. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept significant amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Jun-03
Dec-08
   
20.22%
-28.84%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Aggressive Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 1.02%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.13% [2]
1 Year rr_ExpenseExampleYear01 754
3 Years rr_ExpenseExampleYear03 1,180
5 Years rr_ExpenseExampleYear05 1,631
10 Years rr_ExpenseExampleYear10 2,877
2003 rr_AnnualReturn2003 39.04%
2004 rr_AnnualReturn2004 9.62%
2005 rr_AnnualReturn2005 8.73%
2006 rr_AnnualReturn2006 7.50%
2007 rr_AnnualReturn2007 7.66%
2008 rr_AnnualReturn2008 (45.27%)
2009 rr_AnnualReturn2009 30.46%
2010 rr_AnnualReturn2010 27.89%
2011 rr_AnnualReturn2011 2.91%
2012 rr_AnnualReturn2012 12.40%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2003
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.22%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.84%)
1 Year rr_AverageAnnualReturnYear01 6.23%
5 Year rr_AverageAnnualReturnYear05 (0.05%)
10 Year rr_AverageAnnualReturnYear10 6.70%
Timothy Aggressive Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 1.02%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.88% [2]
1 Year rr_ExpenseExampleYear01 391
3 Years rr_ExpenseExampleYear03 892
5 Years rr_ExpenseExampleYear05 1,518
10 Years rr_ExpenseExampleYear10 3,204
1 Year rr_ExpenseExampleNoRedemptionYear01 291
3 Years rr_ExpenseExampleNoRedemptionYear03 892
5 Years rr_ExpenseExampleNoRedemptionYear05 1,518
10 Years rr_ExpenseExampleNoRedemptionYear10 3,204
1 Year rr_AverageAnnualReturnYear01 10.55%
5 Year rr_AverageAnnualReturnYear05 0.38%
Since Inception rr_AverageAnnualReturnSinceInception 3.46%
Timothy Aggressive Growth Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.23% [3]
5 Year rr_AverageAnnualReturnYear05 (0.07%) [3]
10 Year rr_AverageAnnualReturnYear10 6.30% [3]
Timothy Aggressive Growth Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.55% [3]
5 Year rr_AverageAnnualReturnYear05 0.36% [3]
Since Inception rr_AverageAnnualReturnSinceInception 3.01% [3]
Timothy Aggressive Growth Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.05% [3]
5 Year rr_AverageAnnualReturnYear05 (0.06%) [3]
10 Year rr_AverageAnnualReturnYear10 5.87% [3]
Timothy Aggressive Growth Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.86% [3]
5 Year rr_AverageAnnualReturnYear05 0.31% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.96% [3]
Timothy Aggressive Growth Fund | Russell Mid Cap Growth Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.81% [4]
5 Year rr_AverageAnnualReturnYear05 3.23% [4]
10 Year rr_AverageAnnualReturnYear10 10.32% [4]
Timothy Aggressive Growth Fund | Russell Mid Cap Growth Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.81% [4]
5 Year rr_AverageAnnualReturnYear05 3.23% [4]
Since Inception rr_AverageAnnualReturnSinceInception 6.91% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] The Russell Mid Cap Growth Index is a widely recognized, unmanaged index of Mid Capitalization growth companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
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Timothy Aggressive Growth Fund
Aggressive Growth Fund
CLASS A: TAAGX | CLASS C: TCAGX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to provide you with long-term growth of capital.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Aggressive Growth Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Aggressive Growth Fund
Class A
Class C
Management Fee 0.85% 0.85%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 1.02% 1.02%
Acquired Funds Fees and Expenses 0.01% 0.01%
Total Annual Fund Operating Expenses [1] 2.13% 2.88%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Aggressive Growth Fund (USD $)
Class A
Class C
1 Year 754 391
3 Years 1,180 892
5 Years 1,631 1,518
10 Years 2,877 3,204
Expense Example, No Redemption (USD $)
Timothy Aggressive Growth Fund
Class C
1 Year 291
3 Years 892
5 Years 1,518
10 Years 3,204
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 147% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • This Fund seeks to achieve its investment strategy by normally investing at least 80% of the Fund’s total assets in U.S. common stocks without regard to market capitalizations.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund invests its assets in the securities of a limited number of companies, which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  4. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  5. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  6. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept significant amounts of volatility and risk.

PAST PERFORMANCE
The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Jun-03
Dec-08
   
20.22%
-28.84%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Aggressive Growth Fund
1 Year
5 Year
10 Year
Since Inception
Class A
6.23% (0.05%) 6.70%  
Class A Return after taxes on distributions
[1] 6.23% (0.07%) 6.30%  
Class A Return after taxes on distributions and sale of shares
[1] 4.05% (0.06%) 5.87%  
Class A Russell Mid Cap Growth Index (reflects no deduction for fees, expenses or taxes)
[2] 15.81% 3.23% 10.32%  
Class C
10.55% 0.38%   3.46%
Class C Return after taxes on distributions
[1] 10.55% 0.36%   3.01%
Class C Return after taxes on distributions and sale of shares
[1] 6.86% 0.31%   2.96%
Class C Russell Mid Cap Growth Index (reflects no deduction for fees, expenses or taxes)
[2] 15.81% 3.23%   6.91%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] The Russell Mid Cap Growth Index is a widely recognized, unmanaged index of Mid Capitalization growth companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.

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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Document Creation Date dei_DocumentCreationDate Jan. 30, 2013
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Israel Common Values Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Israel Common Values Fund
CLASS A: TPAIX | CLASS C: TPCIX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to provide you with long-term growth of capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 37% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 37.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund’s total assets in the common stock of companies domiciled and/or headquartered in Israel through the purchase of American Depository Receipts (ADRs) and direct investments in such companies on Foreign stock exchanges, without regard to market capitalizations.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund invests its assets in companies which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time

  3. Israel Risk | The Fund’s investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.

  4. Issuer-Specific Risk | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  5. Country-Specific Risk | The Fund invests only in Israeli securities, and Israel is subject to unique political and economic risks. As a result, Israeli securities can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  6. Currency Risk | Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  7. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  8. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  9. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  10. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  11. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept significant amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The Fund commenced investment operations on October 12, 2012. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Mar-12
Jun-12
   
10.12%
-9.83%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Israel Common Values Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 1.00%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 1.57%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.86% [2]
1 Year rr_ExpenseExampleYear01 289
3 Years rr_ExpenseExampleYear03 884
5 Years rr_ExpenseExampleYear05 1,506
10 Years rr_ExpenseExampleYear10 3,181
2012 rr_AnnualReturn2012 9.82%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 10.12%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2012
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.83%)
1 Year rr_AverageAnnualReturnYear01 3.73%
5 Year rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 2.09% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012
Timothy Israel Common Values Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 1.00%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 1.53%
Acquired Funds Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.57% [2]
1 Year rr_ExpenseExampleYear01 459
3 Years rr_ExpenseExampleYear03 1,093
5 Years rr_ExpenseExampleYear05 1,848
10 Years rr_ExpenseExampleYear10 3,832
1 Year rr_ExpenseExampleNoRedemptionYear01 236
3 Years rr_ExpenseExampleNoRedemptionYear03 727
5 Years rr_ExpenseExampleNoRedemptionYear05 1,245
10 Years rr_ExpenseExampleNoRedemptionYear10 2,666
1 Year rr_AverageAnnualReturnYear01 7.92%
5 Year rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 6.11% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012
Timothy Israel Common Values Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 3.73% [4]
5 Year rr_AverageAnnualReturnYear05    [4]
Since Inception rr_AverageAnnualReturnSinceInception 2.09% [3],[4]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012 [4]
Timothy Israel Common Values Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.92% [4]
5 Year rr_AverageAnnualReturnYear05    [4]
Since Inception rr_AverageAnnualReturnSinceInception 6.11% [3],[4]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012 [4]
Timothy Israel Common Values Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.42% [4]
5 Year rr_AverageAnnualReturnYear05    [4]
Since Inception rr_AverageAnnualReturnSinceInception 1.78% [3],[4]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012 [4]
Timothy Israel Common Values Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.15% [4]
5 Year rr_AverageAnnualReturnYear05    [4]
Since Inception rr_AverageAnnualReturnSinceInception 5.20% [3],[4]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012 [4]
Timothy Israel Common Values Fund | Israel TA 100 Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.21% [5]
5 Year rr_AverageAnnualReturnYear05    [5]
Since Inception rr_AverageAnnualReturnSinceInception 5.62% [3],[5]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012 [5]
Timothy Israel Common Values Fund | Israel TA 100 Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.21% [5]
5 Year rr_AverageAnnualReturnYear05    [5]
Since Inception rr_AverageAnnualReturnSinceInception 5.62% [3],[5]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 12, 2012 [5]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] The Fund commenced investment operations on October 12, 2012.
[4] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[5] Israel TA 100 Index is an unmanaged index that measures the performance of 100 Israeli issues. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.

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XML 28 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Plan International Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading International Fund
CLASS A: TPIAX | CLASS C: TPICX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to provide you with long-term growth of capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 34% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 34.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund’s total assets in the securities of foreign companies through the purchase of American Depository Receipts (ADRs), without regard to market capitalizations.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund invests its assets in the ADRs of companies which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund allocates investments across countries and regions at the Manager’s discretion.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Foreign Risk | The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country. The Fund may invest in emerging markets. Emerging markets expose the Fund to additional risks due to the lack of historical or regulatory controls.

  4. Issuer-Specific Risk | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  5. Currency Risk | Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  6. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  7. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  8. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  9. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  10. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the international stock markets and who are willing to accept significant amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The Fund commenced investment operations on May 1, 2011. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
19.29%
-24.53%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Plan International Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 1.00%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.57%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.84% [2]
1 Year rr_ExpenseExampleYear01 727
3 Years rr_ExpenseExampleYear03 1,097
5 Years rr_ExpenseExampleYear05 1,491
10 Years rr_ExpenseExampleYear10 2,590
2008 rr_AnnualReturn2008 (45.38%)
2009 rr_AnnualReturn2009 33.88%
2010 rr_AnnualReturn2010 7.23%
2011 rr_AnnualReturn2011 (17.34%)
2012 rr_AnnualReturn2012 14.72%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.29%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.53%)
1 Year rr_AverageAnnualReturnYear01 8.36%
5 Year rr_AverageAnnualReturnYear05 (6.85%)
Since Inception rr_AverageAnnualReturnSinceInception (4.41%)
Timothy Plan International Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 1.00%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.57%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.59% [2]
1 Year rr_ExpenseExampleYear01 362
3 Years rr_ExpenseExampleYear03 805
5 Years rr_ExpenseExampleYear05 1,375
10 Years rr_ExpenseExampleYear10 2,925
1 Year rr_ExpenseExampleNoRedemptionYear01 262
3 Years rr_ExpenseExampleNoRedemptionYear03 805
5 Years rr_ExpenseExampleNoRedemptionYear05 1,375
10 Years rr_ExpenseExampleNoRedemptionYear10 2,925
1 Year rr_AverageAnnualReturnYear01 12.76%
5 Year rr_AverageAnnualReturnYear05 (6.50%)
Since Inception rr_AverageAnnualReturnSinceInception (4.20%)
Timothy Plan International Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 8.07% [3]
5 Year rr_AverageAnnualReturnYear05 (7.34%) [3]
Since Inception rr_AverageAnnualReturnSinceInception (4.87%) [3]
Timothy Plan International Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.76% [3]
5 Year rr_AverageAnnualReturnYear05 (6.84%) [3]
Since Inception rr_AverageAnnualReturnSinceInception (4.51%) [3]
Timothy Plan International Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.44% [3]
5 Year rr_AverageAnnualReturnYear05 (5.97%) [3]
Since Inception rr_AverageAnnualReturnSinceInception (3.95%) [3]
Timothy Plan International Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 8.29% [3]
5 Year rr_AverageAnnualReturnYear05 (5.60%) [3]
Since Inception rr_AverageAnnualReturnSinceInception (3.70%) [3]
Timothy Plan International Fund | MSCI EAFE Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.55% [4]
5 Year rr_AverageAnnualReturnYear05 (6.57%) [4]
Since Inception rr_AverageAnnualReturnSinceInception (5.70%) [4]
Timothy Plan International Fund | MSCI EAFE Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.55% [4]
5 Year rr_AverageAnnualReturnYear05 (6.57%) [4]
Since Inception rr_AverageAnnualReturnSinceInception (5.70%) [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] The MSCI EAFE Index is a free float-adjusted market capitalization index that is designed to measure the equity market performance of 21 developed markets, excluding the U.S. and Canada.
XML 29 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
12 Months Ended
Jan. 29, 2013
Risk/Return:  
Document Type 485BPOS
Document Period End Date Sep. 30, 2012
Registrant Name TIMOTHY PLAN
Central Index Key 0000916490
Amendment Flag false
Document Creation Date Jan. 30, 2013
Document Effective Date Jan. 30, 2013
Prospectus Date Jan. 29, 2013
XML 30 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Large/Mip-Cap Growth Fund
Large/Mid-Cap Growth Fund
CLASS A: TLGAX | CLASS C: TLGCX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to provide you with long-term growth of capital.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Large/Mip-Cap Growth Fund
Class A
Class C
Maximum sales charge (load) on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Large/Mip-Cap Growth Fund
Class A
Class C
Management Fee 0.85% 0.85%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.58% 0.59%
Fees and Expenses of Acquired Funds 0.01% 0.01%
Total Annual Fund Operating Expenses [1] 1.69% 2.45%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Large/Mip-Cap Growth Fund (USD $)
Class A
Class C
1 Year 712 348
3 Years 1,053 764
5 Years 1,417 1,306
10 Years 2,438 2,786
Expense Example, No Redemption (USD $)
Timothy Large/Mip-Cap Growth Fund
Class C
1 Year 248
3 Years 764
5 Years 1,306
10 Years 2,786
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 127% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • The Fund seeks to achieve its investment objective by primarily investing at least 80% of the Fund’s total assets in larger U.S. stocks. Larger stocks refer to the common stock of companies whose total market capitalization is generally greater than $2 billion. Current income is not a significant investment consideration and any such income realized will be considered incidental to the Fund’s investment objective.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund normally invests in a portfolio of securities which includes a broadly diversified number of common stocks that the Fund’s Investment Manager believes show a high probability of superior prospects for above average growth. The Fund’s Investment Manager chooses these securities using a “bottom up” approach of extensively analyzing the financial, management and overall economic conditions of each potential investment. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  4. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  5. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  6. Mid-Sized Company Investing Risk | Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the domestic stock markets and who are willing to accept moderate amounts of volatility and risk.

PAST PERFORMANCE
The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-t to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Dec-01
Mar-01
   
16.48%
-23.99%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Large/Mip-Cap Growth Fund
1 Year
5 Year
10 Year
Since Inception
Class A
8.40% 1.14% 4.60%  
Class A Return after taxes on distributions
[1] 6.78% 0.69% 4.19%  
Class A Return after taxes on distributions and sale of shares
[1] 6.07% 0.83% 3.90%  
Class A Russell 1000 Growth Index (reflects no deduction for fees, expenses or taxes)
[2] 15.26% 3.12% 7.52%  
Class C
13.02% 1.56%   2.60%
Class C Return after taxes on distributions
[1] 11.14% 1.06%   2.11%
Class C Return after taxes on distributions and sale of shares
[1] 9.17% 1.18%   2.11%
Class C Russell 1000 Growth Index (reflects no deduction for fees, expenses or taxes)
[2] 15.26% 3.12%   (5.00%)
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] The Russell 1000 Growth Index is a widely recognized, unmanaged index of 1000 large-capitalization companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
XML 31 R80.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Strategic Growth Fund
Strategic Growth Fund
CLASS A: TSGAX | CLASS C: TSGCX
The investment objective of the Fund is to generate medium to high levels of long-term capital growth.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Strategic Growth Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Strategic Growth Fund
Class A
Class C
Management Fee 0.65% 0.65%
Distribution/Service(12b-1 Fees) none 0.75%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.50% 0.50%
Fees and Expenses of Acquired Funds 1.67% 1.67%
Total Annual Fund Operating Expenses [1] 2.82% 3.57%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Strategic Growth Fund (USD $)
Class A
Class C
1 Year 810 460
3 Years 1,367 1,094
5 Years 1,949 1,850
10 Years 3,517 3,836
Expense Example, No Redemption (USD $)
Timothy Strategic Growth Fund
Class C
1 Year 360
3 Years 1,094
5 Years 1,850
10 Years 3,836
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 33% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
The Fund normally will invest at least 75% of its total assets in the following Traditional Funds according to the following approximate range of percentages:

Timothy Plan Traditional Fund  

% of Fund’s Net Assets

Invested in Traditional Fund

Small Cap Value Fund  5 - 10%
Large/Mid Cap Value Fund  15 - 25%
Large/Mid Cap Growth Fund  15 - 25%
Aggressive Growth Fund   5 - 10%
High Yield Bond Fund   5 - 15%
International Fund   20 - 30%
Israel Common Values Fund   5 - 10%
Emerging Markets Fund  5 - 10%
Defensive Strategies Fund  5 - 15%

Timothy Partners, Ltd. (“TPL”) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund’s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program.
PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in the Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Portfolio Risk | The Fund is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Fund invests:

  • Stock Market Risk: The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.
  • Larger Company Investing Risk: Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.
  • Mid-size Company Investing Risk: Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Small Company Investing Risk: Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Excluded Security Risk: Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.
  • Growth Risk: The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.
  • Value Investing Risk: Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.
  • Sector Risk: If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.
  • Foreign Risk: The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Currency Risk: Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.
  • High Yield Security Risk: Investments in fixed-income securities that are rated below investment grade (“high yield securities”) by one or more NRSROs may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher-rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund’s ability to buy or sell optimal quantities of high yield securities at desired prices.
  • Interest Rate Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to interest rate risk. When interest rates rise, bond prices fall; the higher the High Yield Bond Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.
  • Credit Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to credit risk. The Fund could lose money if any bonds owned by the High Yield Bond Fund are downgraded in credit rating or go into default.
  • Real Estate Investment Trust Risk: The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs.
  • Commodities-based Exchange Traded Funds Risk: Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs, the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund’s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund’s entire ETF investment could be lost.
  • Treasury-Inflation Protected Securities Risk: Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers.
  • Non-Diversification Risk: Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.
  • Israel Risk: Investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Emerging Market Risk: The Fund’s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in emerging foreign countries.
3.            Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in moderately- to aggressively-oriented equity and bond funds and who wish to allocate their investments among multiple funds with a single investment.
PAST PERFORMANCE
The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
16.44%
-24.40%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Strategic Growth Fund
1 Year
5 Year
10 Year
Since Inception
Class A
4.49% (2.39%) 4.73%  
Class A Return after taxes on distributions
[1] 4.27% (2.86%) 4.12%  
Class A Return after taxes on distributions and sale of shares
[1] 2.92% (2.23%) 3.99%  
Class A DJ Global Moderately Aggressive Portfolio Index (reflects no deduction for fees, expenses or taxes)
[2] 13.96% 2.58% 9.19%  
Class C
8.76% (2.05%)   2.16%
Class C Return after taxes on distributions
[1] 8.76% (2.44%)   1.58%
Class C Return after taxes on distributions and sale of shares
[1] 5.70% (1.88%)   1.79%
Class C DJ Global Moderately Aggressive Portfolio Index (reflects no deduction for fees, expenses or taxes)
[2] 13.96% 2.58%   6.53%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] DJ Global Moderately Aggressive Portfolio Index is a widely recognized measure of portfolios with similar levels of risk. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
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Timothy Plan Defensive Strategies Fund
Defensive Strategies Fund
CLASS A: TPDAX | CLASS C: TPDCX
INVESTMENT OBJECTIVE
The investment objective of this Fund is the protection of principal through aggressive, proactive reactions to prevailing economic conditions.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Plan Defensive Strategies Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Plan Defensive Strategies Fund
Class A
Class C
Management Fee 0.60% 0.60%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.49% 0.49%
Fees and Expenses of Acquired Funds 0.13% 0.13%
Total Annual Fund Operating Expenses [1] 1.47% 2.22%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Plan Defensive Strategies Fund (USD $)
Class A
Class C
1 Year 691 325
3 Years 988 693
5 Years 1,307 1,188
10 Years 2,208 2,551
Expense Example, No Redemption (USD $)
Timothy Plan Defensive Strategies Fund
Class C
1 Year 225
3 Years 693
5 Years 1,188
10 Years 2,551
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 247% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
To achieve its goal, the Fund will invest varying percentages of the Fund’s total assets in the investment Sectors set forth below:
  • Real Estate Investment Trusts (REITs), that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate, all of which are historically sensitive to both inflation and deflation.

  • Commodities-based Exchange Traded Funds (ETFs), which trade like stocks, yet provide the opportunity to invest in inflation sensitive physical commodities and/or commodities futures markets. Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles.

  • Treasury-Inflation Protected Securities (TIPS), which coupon payments and underlying principal are automatically increased to compensate for inflation as measured by the consumer price index (CPI).

  • Cash and cash equivalents.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies by taking large, small, or even no position in any one or more of the Asset Classes in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

  • Current income is not a significant investment consideration and any such income realized will be considered incidental to the Fund’s investment objective. To allow for optimal flexibility, the Fund is classified as a “non-diversified” fund, and, as such, the Fund’s portfolio may include the securities of a smaller total number of issuers than if the Fund were classified as “diversified”.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Real Estate Investment Trust Risk | The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs.

  3. Commodities-based Exchange Traded Funds Risk | Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund’s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund’s entire ETF investment could be lost.

  4. Treasury-Inflation Protection Securities Risk | Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers.

  5. Interest Rate Risk | When interest rates rise, bond prices fall; the higher the Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.

  6. Credit Risk | The Fund could lose money if any bonds it owns are downgraded in credit rating or go into default. For this reason, the Fund will only invest in investment-grade bonds. The degree of risk for a particular security may be reflected in its credit rating. Bonds rated at the time of purchase BBB by Standard & Poor’s, or unrated, but determined to be of comparable quality by the investment manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities.

  7. Sector Risk | If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.

  8. Excluded Security Risk | Because the Fund does not invest in Excluded Securities (including certain REITs), and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other Funds that invest in a broader array of securities.

  9. Non-Diversification Risk | Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.

  10. Who Should Buy This Fund | The Fund is most appropriate for investors who seek a hedge against inflation, understand the risks of investing in each of the various asset classes, and who are willing to accept moderate amounts of volatility and risk.

PAST PERFORMANCE
The Fund commenced investment operations on November 4, 2009. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.

Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Dec-11
Sep-11
   
8.42%
-4.57%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Plan Defensive Strategies Fund
1 Year
5 Year
Since Inception
Class A
(1.14%)    7.60%
Class A Return after taxes on distributions
[1] (1.17%)    6.60%
Class A Return after taxes on distributions and sale of shares
[1] (0.71%)    6.04%
Class A DJ Moderately Conservative US Portfolio Index (reflects no deduction for fees, expenses or taxes)
[2] 11.92%    11.31%
Class C
2.92%    8.74%
Class C Return after taxes on distributions
[1] 2.89%    7.75%
Class C Return after taxes on distributions and sale of shares
[1] 1.93%    7.04%
Class C DJ Moderately Conservative US Portfolio Index (reflects no deduction for fees, expenses or taxes)
[2] 11.92%    11.31%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] The DJ Moderately Conservative US Portfolio Index is rebalanced monthly to the appropriate percentage of the risk experienced by the all stock Portfolio Index over the previous 36 months. It reflects a portfolio in which the equities represent 40% of the portfolio, and provides an evaluation of the return on investment considering the amount of risk taken.
XML 34 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Large/Mid-Cap Value Fund
Large/Mid Cap Value Fund
CLASS A: TLVAX | CLASS C: TLVCX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to provide you with long-term growth of capital,
with a secondary objective of current income.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Large/Mid-Cap Value Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Large/Mid-Cap Value Fund
Class A
Class C
Management Fee 0.85% 0.85%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.47% 0.47%
Fees and Expenses of Acquired Funds 0.01% 0.01%
Total Annual Fund Operating Expenses [1] 1.58% 2.33%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Large/Mid-Cap Value Fund (USD $)
Class A
Class C
1 Year 702 336
3 Years 1,021 727
5 Years 1,363 1,245
10 Years 2,325 2,666
Expense Example, No Redemption (USD $)
Timothy Large/Mid-Cap Value Fund
Class C
1 Year 236
3 Years 727
5 Years 1,245
10 Years 2,666
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 7% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • The Fund seeks to achieve its investment objective by primarily investing in U.S. common stocks. The Fund will normally invest at least 80% of the Fund’s total assets in companies whose total market capitalization exceeds $2 billion. This Fund invests using a value investing style. Value funds typically emphasize stocks whose prices are below average in relation to such measures as earnings and book value; these stocks often have above-average dividend yields. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • In determining whether to invest in a particular company, the Fund’s Investment Manager focuses on a number of different attributes of the company, including the company’s market expertise, balance sheet, improving return on equity, price to earnings ratios, industry position and strength, management, and a number of other factors. Analyzing companies in this manner is known as a “bottom up” approach to investing. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  4. Mid-Sized Company Investing Risk | Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  5. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  6. Value Investing Risk | Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept moderate amounts of volatility and risk.

PAST PERFORMANCE
The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Jun-03
Dec-08
   
17.72%
-23.81%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Large/Mid-Cap Value Fund
1 Year
5 Year
10 Year
Since Inception
Class A
6.94% (1.04%) 8.13%  
Class A Return after taxes on distributions
[1] 6.82% (1.23%) 7.44%  
Class A Return after taxes on distributions and sale of shares
[1] 4.51% (1.00%) 6.95%  
Class A S&P 500 Index (reflects no deduction for fees, expenses or taxes)
[2] 16.00% 1.66% 7.10%  
Class C
11.28% (0.67%)   6.18%
Class C Return after taxes on distributions
[1] 11.28% (0.80%)   5.45%
Class C Return after taxes on distributions and sale of shares
[1] 7.33% (0.64%)   5.18%
Class C S&P 500 Index (reflects no deduction for fees, expenses or taxes)
[2] 16.00% 1.66%   4.73%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] The S&P 500 Index is a widely recognized, unmanaged index of common stock prices. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
XML 35 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Small-Cap Value Fund
Small Cap Value Fund
CLASS A: TPLNX | CLASS C: TSVCX
The investment objective of this Fund is to provide you with long-term growth of capital,
with a secondary objective of current income.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Small-Cap Value Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Small-Cap Value Fund
Class A
Class C
Management Fee 0.85% 0.85%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.49% 0.49%
Fees and Expenses of Acquired Funds 0.01% 0.01%
Total Annual Fund Operating Expenses [1] 1.60% 2.35%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Small-Cap Value Fund (USD $)
Class A
Class C
1 Year 704 338
3 Years 1,027 733
5 Years 1,373 1,255
10 Years 2,346 2,686
Expense Example, No Redemption (USD $)
Timothy Small-Cap Value Fund
Class C
1 Year 238
3 Years 733
5 Years 1,255
10 Years 2,686
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 65% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • The Fund seeks to achieve its investment objective by primarily investing at least 80% of the Fund’s total assets in U.S. Small Cap stocks. Small Cap stocks refer to the common stock of smaller companies — companies whose total market capitalization is less than $2 billion. This Fund invests using a value investing style. Value funds typically emphasize stocks whose prices are below average in relation to such measures as earnings and book value; these stocks often have above-average dividend yields. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • In determining whether to invest in a particular company, the Fund’s Investment Manager focuses on a number of different attributes of the company, including the company’s market expertise, balance sheet, improving return on equity, price to earnings ratios, industry position and strength, management and a number of other factors. Analyzing companies in this manner is known as a “bottom up” approach to investing. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may invest in equity securities of foreign issuers in the form of American Depositary Receipts (ADRs). ADRs are certificates held in trust by a U.S. bank or trust company evidencing ownership of shares of foreign-based issuers, and are an alternative to purchasing foreign securities in their national market and currency.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  4. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  5. Foreign Risk | The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country. There is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  6. Value Investing Risk | Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept moderate amounts of volatility and risk.

PAST PERFORMANCE
The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Jun-03
Dec-08
   
20.35%
-26.99%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Small-Cap Value Fund
1 Year
5 Years
10 Years
Since Inception
Class A
10.65% 1.62% 7.42%  
Class A Return after taxes on distributions
[1] 10.59% 1.55% 6.35%  
Class A Return after taxes on distributions and sale of shares
[1] 6.92% 1.33% 6.09%  
Class A Russell 2000 Index (reflects no deduction for fees, expenses or taxes)
[2] 16.35% 3.56% 9.72%  
Class C
15.11% 2.00%   4.02%
Class C Return after taxes on distributions
[1] 15.11% 1.93%   2.80%
Class C Return after taxes on distributions and sale of shares
[1] 9.82% 1.66%   2.99%
Class C Russell 2000 Index (reflects no deduction for fees, expenses or taxes)
[2] 16.35% 3.56%   5.75%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] The Russell 2000 Index is a widely recognized, unmanaged index of 2000 Small Capitalization companies in the United States. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
XML 36 R95.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Conservative Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Conservative Growth Fund
CLASS A: TCGAX | CLASS C: TCVCX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of the Fund is to generate moderate levels of long-term capital growth.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 32% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 32.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund normally will invest at least 75% of its total assets in the following Traditional Funds according to the following approximate range of percentages:

Timothy Plan Traditional Fund  

% of Fund’s Net Assets

Invested in Traditional Fund

Small Cap Value Fund  0 - 10%
Large/Mid Cap Value Fund  10 - 20%
Large/Mid Cap Growth Fund  5 - 15%
Aggressive Growth Fund  0 - 5%
High Yield Bond Fund  5 - 15%
Fixed Income Fund  20 - 40%
International Fund  5 - 15%
Israel Common Values Fund  0 - 5%
Emerging Markets Fund  0 - 5%
Defensive Strategies Fund  10 - 30%

Timothy Partners, Ltd. (“TPL”) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund’s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program.
Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in the Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Portfolio Risk | The Fund is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Fund invests:

  • Stock Market Risk: The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.
  • Larger Company Investing Risk: Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.
  • Mid-size Company Investing Risk: Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Small Company Investing Risk: Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Excluded Security Risk: Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.
  • Growth Risk: The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.
  • Value Investing Risk: Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.
  • Sector Risk: If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.
  • Foreign Risk: The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Currency Risk: Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.
  • High Yield Security Risk: Investments in fixed-income securities that are rated below investment grade (“high yield securities”) by one or more NRSROs may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher— rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund’s ability to buy or sell optimal quantities of high yield securities at desired prices.
  • Interest Rate Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to interest rate risk. When interest rates rise, bond prices fall; the higher the High Yield Bond Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.
  • Credit Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to credit risk. The Fund could lose money if any bonds owned by the High Yield Bond Fund are downgraded in credit rating or go into default.
  • Real Estate Investment Trust Risk: The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs.
  • Commodities-based Exchange Traded Funds Risk: Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs, the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund’s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund’s entire ETF investment could be lost.
  • Treasury-Inflation Protected Securities Risk: Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers.
  • Non-Diversification Risk: Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.
  • Israel Risk: Investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Emerging Market Risk | The Fund’s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in emerging foreign countries.
3.            Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in moderately risk-oriented equity and bond funds, but who also wish to realize current income and allocate their investments among multiple funds with a single investment.
Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in the Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus
  • Non-Diversification Risk: Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fundinvestments were more widely distributed.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
12.63%
-17.02%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Conservative Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.65%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.46%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 1.47%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.58% [2]
1 Year rr_ExpenseExampleYear01 797
3 Years rr_ExpenseExampleYear03 1,308
5 Years rr_ExpenseExampleYear05 1,845
10 Years rr_ExpenseExampleYear10 3,304
2003 rr_AnnualReturn2003 20.22%
2004 rr_AnnualReturn2004 6.41%
2005 rr_AnnualReturn2005 5.56%
2006 rr_AnnualReturn2006 9.86%
2007 rr_AnnualReturn2007 8.85%
2008 rr_AnnualReturn2008 (28.88%)
2009 rr_AnnualReturn2009 22.23%
2010 rr_AnnualReturn2010 11.57%
2011 rr_AnnualReturn2011 1.21%
2012 rr_AnnualReturn2012 7.04%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.63%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.02%)
1 Year rr_AverageAnnualReturnYear01 1.20%
5 Year rr_AverageAnnualReturnYear05 (0.14%)
10 Year rr_AverageAnnualReturnYear10 4.83%
Timothy Conservative Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.65%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.75%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.46%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 1.47%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.33% [2]
1 Year rr_ExpenseExampleYear01 436
3 Years rr_ExpenseExampleYear03 1,024
5 Years rr_ExpenseExampleYear05 1,736
10 Years rr_ExpenseExampleYear10 3,622
1 Year rr_ExpenseExampleNoRedemptionYear01 336
3 Years rr_ExpenseExampleNoRedemptionYear03 1,024
5 Years rr_ExpenseExampleNoRedemptionYear05 1,736
10 Years rr_ExpenseExampleNoRedemptionYear10 3,622
1 Year rr_AverageAnnualReturnYear01 5.16%
5 Year rr_AverageAnnualReturnYear05 0.26%
Since Inception rr_AverageAnnualReturnSinceInception 3.08%
Timothy Conservative Growth Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.95% [3]
5 Year rr_AverageAnnualReturnYear05 (0.64%) [3]
10 Year rr_AverageAnnualReturnYear10 4.14% [3]
Timothy Conservative Growth Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.16% [3]
5 Year rr_AverageAnnualReturnYear05 (0.12%) [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.44% [3]
Timothy Conservative Growth Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.78% [3]
5 Year rr_AverageAnnualReturnYear05 (0.38%) [3]
10 Year rr_AverageAnnualReturnYear10 3.97% [3]
Timothy Conservative Growth Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 3.35% [3]
5 Year rr_AverageAnnualReturnYear05 0.05% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.49% [3]
Timothy Conservative Growth Fund | Dow Jones Global Moderate Portfolio Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.24% [4]
5 Year rr_AverageAnnualReturnYear05 3.44% [4]
10 Year rr_AverageAnnualReturnYear10 8.25% [4]
Timothy Conservative Growth Fund | Dow Jones Global Moderate Portfolio Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.24% [4]
5 Year rr_AverageAnnualReturnYear05 3.44% [4]
Since Inception rr_AverageAnnualReturnSinceInception 6.16% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] The DJ Global Moderate Portfolio Index is a widely recognized, measure of portfolios with similar levels of risk. The Portfolio Index is rebalanced monthly to the appropriate percentage of risk experienced by the all stock Portfolio Index over the previous thirty-six months.
XML 37 R49.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Fixed Income Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Fixed Income Fund
CLASS A: TFIAX | CLASS C: TFICX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to generate a high level of current income consistent with prudent investment risk.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 19% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 19.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finder’s fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • To achieve its goal, the Fund normally invests in a diversified portfolio of corporate bonds, U.S. government and agency securities, convertible securities and preferred securities. The Investment Manager will only purchase securities for the Fund that are investment grade, with a rating of at least “BBB” as rated by Standard & Poor’s or a comparable rating by another nationally recognized rating agency. The Fund may also invest in debt securities that have not been rated by one of the major rating agencies, so long as the Fund’s Investment Manager has determined that the security is of comparable credit quality to similar rated securities. The Fund has adopted a non-fundamental investment policy that under normal circumstances will invest at least 80% of its assets in fixed income securities. This policy may not be changed without at least 60 days prior written notice to Fund shareholders.

  • In managing its portfolio, the Fund’s Investment Manager concentrates on sector analysis, industry allocation and securities selection, deciding which types of bonds and industries to emphasize at a given time, and then which individual bonds to buy. The Fund attempts to anticipate shifts in the business cycle in determining types of bonds and industry sectors to target. In choosing individual securities, the Fund seeks out securities that appear to be undervalued within the emphasized industry sector. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Interest Rate Risk | When interest rates rise, bond prices fall; the higher the Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.

  3. Credit Risk | The Fund could lose money if any bonds it owns are downgraded in credit rating or go into default. For this reason, the Fund will only invest in investment-grade bonds. The degree of risk for a particular security may not be reflected in its credit rating. Bonds rated at the time of purchase BBB by Standard & Poor’s or, unrated, but determined to be of comparable quality by the Investment Manager, are subject to greater market risk and credit risk, or loss of principal and interest, than higher-rated securities.

  4. Sector Risk | If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.

  5. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier that other Funds that invest in a broader array of securities.

  6. Who Should Buy This Fund | The Fund is most appropriate for investors who want a high level of current income and are willing to accept a minor degree of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Sep-02
Jun-04
   
5.98%
-3.55%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Fixed Income Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.60%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.46%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.32%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.15%)
Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.17% [2]
1 Year rr_ExpenseExampleYear01 564
3 Years rr_ExpenseExampleYear03 837
5 Years rr_ExpenseExampleYear05 1,129
10 Years rr_ExpenseExampleYear10 1,960
2003 rr_AnnualReturn2003 5.70%
2004 rr_AnnualReturn2004 3.44%
2005 rr_AnnualReturn2005 1.11%
2006 rr_AnnualReturn2006 3.11%
2007 rr_AnnualReturn2007 5.19%
2008 rr_AnnualReturn2008 (0.05%)
2009 rr_AnnualReturn2009 8.65%
2010 rr_AnnualReturn2010 5.46%
2011 rr_AnnualReturn2011 7.11%
2012 rr_AnnualReturn2012 2.56%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2002
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.98%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2004
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (3.55%)
1 Year rr_AverageAnnualReturnYear01 (2.08%)
5 Year rr_AverageAnnualReturnYear05 3.74%
10 Year rr_AverageAnnualReturnYear10 3.72%
Timothy Fixed Income Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.60%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.46%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.07%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.15%)
Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.92% [2]
1 Year rr_ExpenseExampleYear01 295
3 Years rr_ExpenseExampleYear03 636
5 Years rr_ExpenseExampleYear05 1,102
10 Years rr_ExpenseExampleYear10 2,392
1 Year rr_ExpenseExampleNoRedemptionYear01 195
3 Years rr_ExpenseExampleNoRedemptionYear03 636
5 Years rr_ExpenseExampleNoRedemptionYear05 1,102
10 Years rr_ExpenseExampleNoRedemptionYear10 2,392
1 Year rr_AverageAnnualReturnYear01 0.78%
5 Year rr_AverageAnnualReturnYear05 3.94%
Since Inception rr_AverageAnnualReturnSinceInception 3.24%
Timothy Fixed Income Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (2.69%) [3]
5 Year rr_AverageAnnualReturnYear05 2.67% [3]
10 Year rr_AverageAnnualReturnYear10 2.47% [3]
Timothy Fixed Income Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.36% [3]
5 Year rr_AverageAnnualReturnYear05 3.11% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.23% [3]
Timothy Fixed Income Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.35%) [3]
5 Year rr_AverageAnnualReturnYear05 2.56% [3]
10 Year rr_AverageAnnualReturnYear10 2.44% [3]
Timothy Fixed Income Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.51% [3]
5 Year rr_AverageAnnualReturnYear05 2.88% [3]
Since Inception rr_AverageAnnualReturnSinceInception 2.17% [3]
Timothy Fixed Income Fund | Barclays Capital U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.22% [4]
5 Year rr_AverageAnnualReturnYear05 5.95% [4]
10 Year rr_AverageAnnualReturnYear10 5.18% [4]
Timothy Fixed Income Fund | Barclays Capital U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.22% [4]
5 Year rr_AverageAnnualReturnYear05 5.95% [4]
Since Inception rr_AverageAnnualReturnSinceInception 5.27% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finder's fee of 0.50% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $4 million, and 0.25% on all mounts in excess of $4 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] Barclays Capital U.S. Aggregate Bond Index (formerly Lehman Brothers US Aggregate Bond Index) is a benchmark index composed of US Securities in Treasury, Government-Related, Corporate, and Securitized sectors. It includes securities that are of investment-grade quality or better, have at least one year to maturity, and have an outstanding par value of at least $250 million. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
XML 38 R41.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TIMOTHY PLAN
Prospectus Date rr_ProspectusDate Jan. 29, 2013
Timothy Large/Mid-Cap Value Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Large/Mid Cap Value Fund
CLASS A: TLVAX | CLASS C: TLVCX
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The investment objective of this Fund is to provide you with long-term growth of capital,
Objective, Secondary [Text Block] rr_ObjectiveSecondaryTextBlock with a secondary objective of current income.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment)
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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 7% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 7.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust’s Distributor, Timothy Partners, Ltd., will pay a finders’ fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
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 Fund fees and expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • The Fund seeks to achieve its investment objective by primarily investing in U.S. common stocks. The Fund will normally invest at least 80% of the Fund’s total assets in companies whose total market capitalization exceeds $2 billion. This Fund invests using a value investing style. Value funds typically emphasize stocks whose prices are below average in relation to such measures as earnings and book value; these stocks often have above-average dividend yields. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • In determining whether to invest in a particular company, the Fund’s Investment Manager focuses on a number of different attributes of the company, including the company’s market expertise, balance sheet, improving return on equity, price to earnings ratios, industry position and strength, management, and a number of other factors. Analyzing companies in this manner is known as a “bottom up” approach to investing. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  4. Mid-Sized Company Investing Risk | Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  5. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  6. Value Investing Risk | Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.

  7. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept moderate amounts of volatility and risk.

Risk Lose Money [Text] rr_RiskLoseMoney As with most other mutual funds, you can lose money by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PAST PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone (800) 846-7526
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.timothyplan.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Best
        
Worst
Quarter
        
Quarter
      
Jun-03
Dec-08
   
17.72%
-23.81%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
(for periods ending on December 31, 2012)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Timothy Large/Mid-Cap Value Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.47%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.58% [2]
1 Year rr_ExpenseExampleYear01 702
3 Years rr_ExpenseExampleYear03 1,021
5 Years rr_ExpenseExampleYear05 1,363
10 Years rr_ExpenseExampleYear10 2,325
2003 rr_AnnualReturn2003 27.99%
2004 rr_AnnualReturn2004 8.75%
2005 rr_AnnualReturn2005 19.42%
2006 rr_AnnualReturn2006 18.41%
2007 rr_AnnualReturn2007 17.02%
2008 rr_AnnualReturn2008 (40.05%)
2009 rr_AnnualReturn2009 22.19%
2010 rr_AnnualReturn2010 20.22%
2011 rr_AnnualReturn2011 0.76%
2012 rr_AnnualReturn2012 13.19%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2003
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.72%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.81%)
1 Year rr_AverageAnnualReturnYear01 6.94%
5 Year rr_AverageAnnualReturnYear05 (1.04%)
10 Year rr_AverageAnnualReturnYear10 8.13%
Timothy Large/Mid-Cap Value Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Redemption fees rr_RedemptionFeeOverRedemption none
Exchange fees rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.85%
Distribution/Service(12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 0.47%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.33% [2]
1 Year rr_ExpenseExampleYear01 336
3 Years rr_ExpenseExampleYear03 727
5 Years rr_ExpenseExampleYear05 1,245
10 Years rr_ExpenseExampleYear10 2,666
1 Year rr_ExpenseExampleNoRedemptionYear01 236
3 Years rr_ExpenseExampleNoRedemptionYear03 727
5 Years rr_ExpenseExampleNoRedemptionYear05 1,245
10 Years rr_ExpenseExampleNoRedemptionYear10 2,666
1 Year rr_AverageAnnualReturnYear01 11.28%
5 Year rr_AverageAnnualReturnYear05 (0.67%)
Since Inception rr_AverageAnnualReturnSinceInception 6.18%
Timothy Large/Mid-Cap Value Fund | Return after taxes on distributions | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.82% [3]
5 Year rr_AverageAnnualReturnYear05 (1.23%) [3]
10 Year rr_AverageAnnualReturnYear10 7.44% [3]
Timothy Large/Mid-Cap Value Fund | Return after taxes on distributions | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.28% [3]
5 Year rr_AverageAnnualReturnYear05 (0.80%) [3]
Since Inception rr_AverageAnnualReturnSinceInception 5.45% [3]
Timothy Large/Mid-Cap Value Fund | Return after taxes on distributions and sale of shares | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.51% [3]
5 Year rr_AverageAnnualReturnYear05 (1.00%) [3]
10 Year rr_AverageAnnualReturnYear10 6.95% [3]
Timothy Large/Mid-Cap Value Fund | Return after taxes on distributions and sale of shares | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.33% [3]
5 Year rr_AverageAnnualReturnYear05 (0.64%) [3]
Since Inception rr_AverageAnnualReturnSinceInception 5.18% [3]
Timothy Large/Mid-Cap Value Fund | S&P 500 Index (reflects no deduction for fees, expenses or taxes) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 16.00% [4]
5 Year rr_AverageAnnualReturnYear05 1.66% [4]
10 Year rr_AverageAnnualReturnYear10 7.10% [4]
Timothy Large/Mid-Cap Value Fund | S&P 500 Index (reflects no deduction for fees, expenses or taxes) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 16.00% [4]
5 Year rr_AverageAnnualReturnYear05 1.66% [4]
Since Inception rr_AverageAnnualReturnSinceInception 4.73% [4]
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
[2] 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 Fund fees and expenses.
[3] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[4] The S&P 500 Index is a widely recognized, unmanaged index of common stock prices. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
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Timothy Conservative Growth Fund
Conservative Growth Fund
CLASS A: TCGAX | CLASS C: TCVCX
INVESTMENT OBJECTIVE
The investment objective of the Fund is to generate moderate levels of long-term capital growth.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Conservative Growth Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Conservative Growth Fund
Class A
Class C
Management Fee 0.65% 0.65%
Distribution/Service(12b-1 Fees) none 0.75%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.46% 0.46%
Fees and Expenses of Acquired Funds 1.47% 1.47%
Total Annual Fund Operating Expenses [1] 2.58% 3.33%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Conservative Growth Fund (USD $)
Class A
Class C
1 Year 797 436
3 Years 1,308 1,024
5 Years 1,845 1,736
10 Years 3,304 3,622
Expense Example, No Redemption (USD $)
Timothy Conservative Growth Fund
Class C
1 Year 336
3 Years 1,024
5 Years 1,736
10 Years 3,622
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 32% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
The Fund normally will invest at least 75% of its total assets in the following Traditional Funds according to the following approximate range of percentages:

Timothy Plan Traditional Fund  

% of Fund’s Net Assets

Invested in Traditional Fund

Small Cap Value Fund  0 - 10%
Large/Mid Cap Value Fund  10 - 20%
Large/Mid Cap Growth Fund  5 - 15%
Aggressive Growth Fund  0 - 5%
High Yield Bond Fund  5 - 15%
Fixed Income Fund  20 - 40%
International Fund  5 - 15%
Israel Common Values Fund  0 - 5%
Emerging Markets Fund  0 - 5%
Defensive Strategies Fund  10 - 30%

Timothy Partners, Ltd. (“TPL”) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund’s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program.
PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in the Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Portfolio Risk | The Fund is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Fund invests:

  • Stock Market Risk: The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.
  • Larger Company Investing Risk: Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.
  • Mid-size Company Investing Risk: Investing in mid-sized companies often involves greater risk than investing in larger companies. Mid-sized companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of mid-sized companies, therefore, tend to be more volatile than the securities of larger, more established companies. Mid-sized company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a mid-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Small Company Investing Risk: Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.
  • Excluded Security Risk: Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.
  • Growth Risk: The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.
  • Value Investing Risk: Because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “value” stocks may perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. It is also possible that a value stock may never appreciate to the extent expected.
  • Sector Risk: If certain industry sectors or types of securities don’t perform as well as the Fund expects, the Fund’s performance could suffer.
  • Foreign Risk: The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Currency Risk: Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.
  • High Yield Security Risk: Investments in fixed-income securities that are rated below investment grade (“high yield securities”) by one or more NRSROs may be subject to greater risk of loss of principal and interest than investments in higher-rated fixed-income securities. High yield securities are also generally considered to be subject to greater market risk than higher-rated securities. The capacity of issuers of high yield securities to pay interest and repay principal is more likely to weaken than is that of issuers of higher— rated securities in times of deteriorating economic conditions or rising interest rates. In addition, high yield securities may be more susceptible to real or perceived adverse economic conditions than higher-rated securities. The market for high yield securities may be less liquid than the market for higher-rated securities. This can adversely affect the Fund’s ability to buy or sell optimal quantities of high yield securities at desired prices.
  • Interest Rate Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to interest rate risk. When interest rates rise, bond prices fall; the higher the High Yield Bond Fund’s duration (a calculation reflecting time risk, taking into account both the average maturity of the Fund’s portfolio and its average coupon return), the more sensitive the Fund is to interest rate risk.
  • Credit Risk: To the extent that the Fund invests in the High Yield Bond Fund and other fixed income securities, the Fund will be exposed to credit risk. The Fund could lose money if any bonds owned by the High Yield Bond Fund are downgraded in credit rating or go into default.
  • Real Estate Investment Trust Risk: The Fund is subject to the risks experienced in real estate ownership, real estate financing, or both. As the economy is subjected to a period of economic deflation or interest rate increases, the demand for real estate may fall, causing a decline in the value of real estate owned. Also, as interest rates increase, the values of existing mortgages fall. The higher the duration (a calculation reflecting time risk, taking into account the average maturity of the mortgages) of the mortgages held in REITs owned by the Fund, the more sensitive the Fund is to interest rate risks. The Fund is also subject to credit risk; the Fund could lose money if mortgagors default on mortgages held in the REITs.
  • Commodities-based Exchange Traded Funds Risk: Commodity ETFs invest in Physical Commodities and/or Commodity Futures Contracts, which Contracts are highly leveraged investment vehicles, and therefore generally considered to be high risk. By investing in Commodity ETFs, the Fund assumes portions of that risk. ETFs may only purchase commodities futures contracts (the buy side), therefore the Fund’s risk includes missing opportunities to realize gains by shorting futures contracts (the sell side) in deflationary economic periods. It is possible the Fund’s entire ETF investment could be lost.
  • Treasury-Inflation Protected Securities Risk: Because the real rate of return offered by TIPS, which represents the growth of your purchasing power, is guaranteed by the Federal Government, TIPS may offer a lower return than other fixed income instruments that do not have such guarantees. Other conventional bond issues may offer higher yields, and the Fund may invest in such bond issues if deemed advantageous by the Advisor and Investment Managers.
  • Non-Diversification Risk: Because the Fund may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on the Fund than if the Fund’s investments were more widely distributed.
  • Israel Risk: Investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.
  • Emerging Market Risk | The Fund’s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in emerging foreign countries.
3.            Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in moderately risk-oriented equity and bond funds, but who also wish to realize current income and allocate their investments among multiple funds with a single investment.
PAST PERFORMANCE
The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
12.63%
-17.02%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Conservative Growth Fund
1 Year
5 Year
10 Year
Since Inception
Class A
1.20% (0.14%) 4.83%  
Class A Return after taxes on distributions
[1] 0.95% (0.64%) 4.14%  
Class A Return after taxes on distributions and sale of shares
[1] 0.78% (0.38%) 3.97%  
Class A Dow Jones Global Moderate Portfolio Index (reflects no deduction for fees, expenses or taxes)
[2] 11.24% 3.44% 8.25%  
Class C
5.16% 0.26%   3.08%
Class C Return after taxes on distributions
[1] 5.16% (0.12%)   2.44%
Class C Return after taxes on distributions and sale of shares
[1] 3.35% 0.05%   2.49%
Class C Dow Jones Global Moderate Portfolio Index (reflects no deduction for fees, expenses or taxes)
[2] 11.24% 3.44%   6.16%
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] The DJ Global Moderate Portfolio Index is a widely recognized, measure of portfolios with similar levels of risk. The Portfolio Index is rebalanced monthly to the appropriate percentage of risk experienced by the all stock Portfolio Index over the previous thirty-six months.
XML 41 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Plan International Fund
International Fund
CLASS A: TPIAX | CLASS C: TPICX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to provide you with long-term growth of capital.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Plan International Fund
Class A
Class C
Maximum sales charge (load) on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Plan International Fund
Class A
Class C
Management Fee 1.00% 1.00%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 0.57% 0.57%
Fees and Expenses of Acquired Funds 0.02% 0.02%
Total Annual Fund Operating Expenses [1] 1.84% 2.59%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Plan International Fund (USD $)
Class A
Class C
1 Year 727 362
3 Years 1,097 805
5 Years 1,491 1,375
10 Years 2,590 2,925
Expense Example, No Redemption (USD $)
Timothy Plan International Fund
Class C
1 Year 262
3 Years 805
5 Years 1,375
10 Years 2,925
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 34% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund’s total assets in the securities of foreign companies through the purchase of American Depository Receipts (ADRs), without regard to market capitalizations.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund invests its assets in the ADRs of companies which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund allocates investments across countries and regions at the Manager’s discretion.

  • The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions. When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Foreign Risk | The Fund’s investments in foreign securities may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies. This is because the securities markets of many foreign countries are relatively small, with a limited number of companies representing a smaller number of industries. Foreign issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country. The Fund may invest in emerging markets. Emerging markets expose the Fund to additional risks due to the lack of historical or regulatory controls.

  4. Issuer-Specific Risk | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  5. Currency Risk | Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  6. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  7. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  8. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  9. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  10. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the international stock markets and who are willing to accept significant amounts of volatility and risk.

PAST PERFORMANCE
The Fund commenced investment operations on May 1, 2011. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up-to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Jun-09
Dec-08
   
19.29%
-24.53%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Plan International Fund
1 Year
5 Year
Since Inception
Class A
8.36% (6.85%) (4.41%)
Class A Return after taxes on distributions
[1] 8.07% (7.34%) (4.87%)
Class A Return after taxes on distributions and sale of shares
[1] 5.44% (5.97%) (3.95%)
Class A MSCI EAFE Index (reflects no deduction for fees, expenses or taxes)
[2] 13.55% (6.57%) (5.70%)
Class C
12.76% (6.50%) (4.20%)
Class C Return after taxes on distributions
[1] 12.76% (6.84%) (4.51%)
Class C Return after taxes on distributions and sale of shares
[1] 8.29% (5.60%) (3.70%)
Class C MSCI EAFE Index (reflects no deduction for fees, expenses or taxes)
[2] 13.55% (6.57%) (5.70%)
[1] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[2] The MSCI EAFE Index is a free float-adjusted market capitalization index that is designed to measure the equity market performance of 21 developed markets, excluding the U.S. and Canada.
XML 42 R58.htm IDEA: XBRL DOCUMENT v2.4.0.6
Timothy Israel Common Values Fund
Israel Common Values Fund
CLASS A: TPAIX | CLASS C: TPCIX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to provide you with long-term growth of capital.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Israel Common Values Fund
Class A
Class C
Maximum sales charge (load) imposed on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Israel Common Values Fund
Class A
Class C
Management Fee 1.00% 1.00%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses (including administrative fees, transfer agency fees, sub-transfer agency fees, and all other ordinary operating expenses not listed above) 1.57% 1.53%
Acquired Funds Fees and Expenses 0.04% 0.04%
Total Annual Fund Operating Expenses [1] 2.86% 3.57%
[1] 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 Fund fees and expenses.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Israel Common Values Fund (USD $)
Class A
Class C
1 Year 289 459
3 Years 884 1,093
5 Years 1,506 1,848
10 Years 3,181 3,832
Expense Example, No Redemption (USD $)
Timothy Israel Common Values Fund
Class C
1 Year 236
3 Years 727
5 Years 1,245
10 Years 2,666
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 37% of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
  • This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund’s total assets in the common stock of companies domiciled and/or headquartered in Israel through the purchase of American Depository Receipts (ADRs) and direct investments in such companies on Foreign stock exchanges, without regard to market capitalizations.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund invests its assets in companies which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | The Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time

  3. Israel Risk | The Fund’s investments in the securities of Israel may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities market in Israel is relatively small, with a limited number of companies representing a smaller number of industries. Israeli issuers are not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in a foreign country.

  4. Issuer-Specific Risk | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  5. Country-Specific Risk | The Fund invests only in Israeli securities, and Israel is subject to unique political and economic risks. As a result, Israeli securities can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  6. Currency Risk | Because the securities represented by ADRs are foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  7. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  8. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  9. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  10. Growth Risk | The Fund often invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the portfolio manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  11. Who Should Buy This Fund | The Fund is most appropriate for investors who understand the risks of investing in the stock market and who are willing to accept significant amounts of volatility and risk.

PAST PERFORMANCE
The Fund commenced investment operations on October 12, 2012. The following bar chart and table provide some indication of the risks of investing in the Fund by showing the variability of the Fund’s performance from year to year and by comparing the Fund’s performance to a broad based index. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More up- to-date returns are available on the Fund’s website at www.timothyplan.com, or by calling the Fund at (800) 846-7526.

The bar chart does not reflect sales charges. If these charges were reflected, the returns would be less than those shown.
Year-by-year Annual Total Returns for Class A Shares
(for calendar years ending on December 31)
Bar Chart
Best
        
Worst
Quarter
        
Quarter
      
Mar-12
Jun-12
   
10.12%
-9.83%
Average Annual Total Returns
(for periods ending on December 31, 2012)
Average Annual Total Returns Timothy Israel Common Values Fund
1 Year
5 Year
Since Inception
Inception Date
Class A
3.73%    2.09% [1] Oct. 12, 2012
Class A Return after taxes on distributions
[2] 3.73%    2.09% [1] Oct. 12, 2012
Class A Return after taxes on distributions and sale of shares
[2] 2.42%    1.78% [1] Oct. 12, 2012
Class A Israel TA 100 Index (reflects no deduction for fees, expenses or taxes)
[3] 7.21%    5.62% [1] Oct. 12, 2012
Class C
7.92%    6.11% [1] Oct. 12, 2012
Class C Return after taxes on distributions
[2] 7.92%    6.11% [1] Oct. 12, 2012
Class C Return after taxes on distributions and sale of shares
[2] 5.15%    5.20% [1] Oct. 12, 2012
Class C Israel TA 100 Index (reflects no deduction for fees, expenses or taxes)
[3] 7.21%    5.62% [1] Oct. 12, 2012
[1] The Fund commenced investment operations on October 12, 2012.
[2] After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
[3] Israel TA 100 Index is an unmanaged index that measures the performance of 100 Israeli issues. The Index assumes reinvestment of all dividends and distributions and does not reflect any asset-based charges for investment management or other expenses.
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Timothy Plan Emerging Markets Fund
Emerging Markets Fund
CLASS A: TPEMX | CLASS C: TPECX
INVESTMENT OBJECTIVE
The investment objective of this Fund is to provide you with long-term growth of capital.
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Timothy Plan Funds. More information about these and other discounts is available from your financial professional and in “How to Reduce Your Sales Charge” on page 72 of the prospectus and “Purchase, Redemption, and Pricing of Shares” on page 38 of the Funds’ Statement of Additional Information.
Shareholder Fees
(fees paid directly from your investment)
Shareholder Fees Timothy Plan Emerging Markets Fund
Class A
Class C
Maximum sales charge (load) on purchases (as % of offering price) 5.50% none
Maximum deferred sales charges (load) (as a percentage of the lesser of original purchase price or redemption proceeds) [1] none 1.00%
Redemption fees none none
Exchange fees none none
[1] A one percent (1%) contingent deferred sales charge is imposed on any Class C shares sold within the first thirteen months after purchase. The Trust's Distributor, Timothy Partners, Ltd., will pay a finders' fee of 1% of the proceeds invested to brokers that purchase shares of the Funds in amounts from $1 million to $2 million, 0.75% on the next $1 million, 0.50% on the next $2 million, and 0.25% on all amounts in excess of $5 million. In such cases, those purchases will be subject to a contingent deferred sales charge of 1% for 18 months after the date of purchase.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Timothy Plan Emerging Markets Fund
Class A
Class C
Management Fee 1.20% 1.20%
Distribution/Service(12b-1 Fees) 0.25% 1.00%
Other Expenses 0.49% 0.49%
Fees and Expenses of Acquired Funds 0.01% 0.01%
Total Annual Fund Operating Expenses [1] 1.95% 2.70%
[1] “Other Expenses” are estimated for the Fund’s first year of operations.
Example:
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. For each share class offered, the Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and annual Fund operating expenses remain the same for each share class. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Timothy Plan Emerging Markets Fund (USD $)
Class A
Class C
1 Year 737 373
3 Years 1,128 838
5 Years 1,544 1,430
10 Years 2,700 3,032
Expense Example, No Redemption (USD $)
Timothy Plan Emerging Markets Fund
Class C
1 Year 273
3 Years 838
5 Years 1,430
10 Years 3,032
The Example does not reflect sales charges (loads) on reinvested dividends and other distributions. If these sales charges (loads) were included, your costs would be higher.
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the Example, affect the fund’s performance. The Fund is new and has not yet had any portfolio turnover.
PRINCIPAL INVESTMENT STRATEGIES
  • This Fund seeks to achieve its investment objectives by normally investing at least 80% of the Fund’s total assets in the common stock of companies domiciled and/or headquartered in emerging market countries through the purchase of American Depository Receipts (ADRs) and direct investments in such companies on Foreign stock exchanges, without regard to market capitalizations. Emerging markets or emerging economies are nations with social or business activity in the process of rapid growth and industrialization. Companies “domiciled” in such countries are companies that are organized and registered in the country. Companies “headquartered” in a country are those companies that have their main office in the country, but may be “domiciled” in another country.

  • This Fund invests its assets in companies which the Fund’s Investment Manager believes show a high probability for superior growth. Companies that meet or exceed specific criteria established by the Manager in the selection process are purchased. Such criteria include market positioning, management strength, transparency of accounting and financial reporting, and other criteria. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Manager’s investment criteria.

  • This Fund invests using a growth investing style. Growth funds generally focus on stocks of companies believed to have above-average potential for growth in revenue, earnings, cash flow, or other similar criteria. These stocks typically have low dividend yields and above-average prices in relation to such measures as earnings and book value. Growth and value stocks have historically produced similar long-term returns, though each category has periods when it outperforms the other.

  • The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

PRINCIPAL RISKS
  1. General Risk | As with most other mutual funds, you can lose money by investing in this Fund. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them.

  2. Stock Market Risk | This Fund is an equity fund, so it is subject to the risks inherent in the stock market in general. The stock market is cyclical, with prices generally rising and falling over periods of time. Some of these price cycles can be pronounced and last for a long time.

  3. Emerging Market Risk | The Fund’s investments in the securities of emerging countries may experience more rapid and extreme changes in value than funds with investments solely in securities of U.S. companies or funds that invest across a larger spectrum of the foreign market. This is because the securities markets in some emerging countries are relatively small, with a limited number of companies representing a smaller number of industries. Issuers in emerging countries are frequently not subject to the same degree of regulation as U.S. issuers. Also, nationalization, expropriation or confiscatory taxation or political changes could adversely affect the Fund’s investments in emerging foreign countries.

  4. Issuer-Specific Changes | The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

  5. Currency Risk | Because the securities being purchased by this Fund are frequently foreign stocks denominated in non-U.S. currency, there is a risk that fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the Fund’s investments in foreign securities.

  6. Larger Company Investing Risk | Larger, more established companies may be unable to respond quickly to new competitive challenges like changes in consumer tastes or innovative smaller competitors. Also, larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

  7. Smaller Company Investing Risk | Investing in smaller companies often involves greater risk than investing in larger companies. Smaller companies may not have the management experience, financial resources, product diversification and competitive strengths of larger companies. The securities of smaller companies, therefore, tend to be more volatile than the securities of larger, more established companies. Smaller company stocks tend to be bought and sold less often and in smaller amounts than larger company stocks. Because of this, if a fund wants to sell a large quantity of a small-sized company’s stock, it may have to sell at a lower price than would otherwise be indicated, or it may have to sell in smaller than desired quantities over an increased time period.

  8. Excluded Security Risk | Because the Fund does not invest in Excluded Securities, and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other funds that invest in a broader array of securities.

  9. Growth Risk | This Fund invests in companies after assessing their growth potential. Securities of growth companies may be more volatile than other stocks. If the Investment Manager’s perception of a company’s growth potential is not realized, the securities purchased may not perform as expected, reducing the Fund’s return. In addition, because different types of stocks tend to shift in and out of favor depending on market and economic conditions, “growth” stocks may perform differently from the market as a whole and other types of securities.

  10. Who Should Buy This Fund | This Fund is most appropriate for investors who understand the risks of investing in the international stock markets and who are willing to accept significant amounts of volatility and risk.

PAST PERFORMANCE
This is a new Fund without an operating history. Accordingly, performance information is not available at this time.
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