April 26, 2021
ORLANDO, Fla.— Timothy Partners, Ltd., distributors of the Timothy Plan mutual funds, which had booked a hospitality suite at Globe Life Field in Arlington, Texas, and purchased nearly 60 tickets for Timothy board members to attend an Astros/Rangers game in late May during an annual board meeting, has told the Rangers that it is withdrawing from the contract.
The firm’s move comes in the wake of MLB Commissioner Rob Manfred’s decision to move the 2021 All-Star Game out of Atlanta to punish Georgia for enacting a new law that tightens election security while allowing more voting access than New York, Delaware and other states.
“Parroting lies about the law, which earned a prominent politician four ‘Pinocchios’ from the liberal Washington Post fact checker, Mr. Manfred acted after Atlanta-based Coca-Cola and Delta Airlines jumped aboard and put pressure on him,” said Art Ally, Timothy Plan founder and president.
“Major League Baseball’s embrace of lies and cancel culture forced our hand,” Ally said. “We stand with Georgia and its fair, new election integrity law, and against corporate bullies.
“We agree with Georgia Gov. Brian Kemp, who said, ‘Georgians — and all Americans — should fully understand what the MLB’s knee-jerk decision means: cancel culture and woke political activists are coming for every aspect of your life, sports included. Sometimes, facts and the truth do not matter.’
“Meanwhile, Coke and Delta, which don’t seem to mind that this will cost their host city Atlanta’s people millions of dollars, are only too happy to do business with Communist China, where, for obvious reasons, voter IDs are not needed. MLB, too, has signed a new deal expanding TV rights in China. The hypocrisy is stunning.
“I understand Mr. Manfred is a member of Augusta National Golf Club, where the Master’s was recently held. Wonder if he’ll give up his membership and call for future tournaments to be moved elsewhere, seeing as how the club is situated in what he considers an awful, racist state?
“It’s time for Americans of goodwill to stand up and withdraw their support from companies that hold them and their values in contempt.”
When investing, you should consider the fund’s investment objectives, risks, charges and expenses. This and other important information can be found in the fund’s prospectus. To obtain a copy, visit timothyplan.com or call 800.846.7526. Read each prospectus carefully before investing or sending money.
To read more about Timothy Plan and access fund information, including the prospectus, fact sheets, performance, and holdings for each fund, go online: mutual funds at mutualfund.timothyplan.com and ETFs at etf.timothyplan.com. Mutual Funds distributed by Timothy Partners, Ltd., member FINRA. ETFs distributed by Foreside Fund Services, LLC, member FINRA & SIPC. Timothy Partners, Ltd. is not affiliated with Foreside Fund Services, LLC.
For more information on Timothy Plan, visit timothyplan.com. View the media page for Timothy Plan here.
To interview Timothy Plan founder and president Art Ally, contact Beth Harrison, 610.584.1096, ext. 105 or Deborah Hamilton, Media@HamiltonStrategies.com, 610.584.1096, ext. 102.