Fidelity Bond Filed Pursuant to Rule 17g-1(g)(1) of the Investment Company Act of 1940 (40-17g)

TIMOTHY PLAN

_____________________________________________________________________________________

 

March 23, 2020

FILED VIA EDGAR

 

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

 

 

Re: Timothy Plan Trust

File Nos. 811-08228

 

Ladies and Gentlemen:

The Timothy Plan Trust (the "Trust"), in accordance with Rule 17g-1 under the Investment Company Act of 1940 (the "1940 Act"), hereby provides the following in connection with the Trust's fidelity bond:

1. A copy of the current fidelity bond (the "Bond");

2. A copy of the resolutions approving the Bond, which were adopted by the Board,

 

including a majority of the members thereof who are not "interested persons" (as defined by the 1940 Act) of the Trust. Premiums have been paid through the policy period ending on February 23, 2021.

Please contact the undersigned at 513-587-3433 if you have any questions concerning this filing.

Very truly yours,

 

/s/ Benjamin V. Mollozzi

 

Benjamin V. Mollozzi

Assistant Secretary

 

 

CERTIFIED RESOLUTIONS

I, Benjamin V. Mollozzi, Assistant Secretary of the Timothy Plan (the “Trust”), hereby certify that the following resolutions were adopted by the Board of Trustees of the Trust including a majority of the Trustees who are not “interested persons” of the Trust at a meeting of the board held on February 13, 2020:

WHEREAS, the Trustees of The Timothy Plan, including a majority of the Trustees who are not "interested persons" as that term is defined in the Investment Company Act of 1940, as amended, have reviewed the form of and coverage of Hartford Fire Insurance Company Policy No. 39 F1 0248603-20 (the "Fidelity Bond"), effective February 23, 2020, the type and amount of securities held by the Timothy Plan Family of Funds; and

WHEREAS, the custody and safekeeping of the Timothy Plan Family of Funds securities are exclusively the obligation of U.S. Bank as Custodian for the Timothy Plan Family of Funds; and

WHEREAS, no employee of the Trust or employee of the investment adviser has access to the Timothy Plan Family of Funds portfolio securities; and

WHEREAS, the amount of the coverage under such Fidelity Bond satisfies the amount required by Rule 17g-1(d)(1) promulgated under the Investment Company Act of 1940, as amended; and

IT IS THEREFORE RESOLVED, that the amount, type, form and coverage of the Fidelity Bond as described above are reasonable and the Fidelity Bond is ratified and approved; and

FURTHER RESOLVED, that any officer of the Trust is designated as the person who shall make the filings and give the notices required by Paragraph (h) of Rule 17g-1; and

FURTHER RESOLVED, that the officers of the Trust be, and they hereby are, authorized to take any and all other actions they deem necessary or appropriate in connection with or in furtherance of these resolutions.

March 23, 2020

/s/ Benjamin V. Mollozzi

 

Benjamin V. Mollozzi, Assistant Secretary