TOTF is not registered as an investment adviser under the Investment Advisers Act of 1940, as amended, and the Short Term, Balanced and All Equities Funds are not registered as investment company under the Investment Company Act of 1940, as amended. While TOTF engages a number of registered investment advisers to manage certain portions of the Funds and the Funds may hold interests in a number of registered investment companies, neither TOTF nor the Funds are subject to such registration.

TOTF does not guarantee the future performance of the Funds, any specific level of performance (whether relative to an established benchmark or otherwise), the success of any investment decision or strategy that TOTF may use (including its engagement of sub-advisers or portfolio managers), or the success of TOTF’s overall management of the Funds. Participants understand that the investment decisions TOTF will make in managing the Funds (including any decisions regarding the engagement of sub-advisors or portfolio managers) are subject to various market, currency, economic, political and business risks, including those risks presented by the global COVID-19 pandemic, and that those investment decisions will not always be profitable. In addition, there is no guarantee or assurance that the investment decisions made by TOTF with respect to the Funds will result in future returns that are consistent with the Funds’ historic performance. All investments involve risk and Participants acknowledge that they could lose some or all of their investment in the Funds.

Participants understand that TOTF will provide important information regarding the Funds and the Participant’s investment in the Funds, including the Funds’ annual audit reports, to the Participant by email or through the TOTF website. Participants consent to receiving electronic correspondence from TOTF providing, or relating to, such information, including an annual notice from TOTF that the Funds’ annual audit report is available. Participants acknowledge that printed copies of the TOTF annual audit report are available upon request.

TOTF and the Funds have been organized and will at all times operate exclusively for religious purposes.

Participants represent that they will only invest in ToTF Funds using funds over which they has immediate, unrestricted (except by governing trust document) and exclusive use, benefit and enjoyment and may not invest assets that are attributable to a retirement plan providing for employee contributions or variable benefits.

Participants acknowledge they are restricted from assigning, encumbering or otherwise transferring any part of their interests in the Funds, except in limited circumstances, and agrees to consult with TOTF prior to taking any such action.