If truth values are simply the referents of sentences in Frege's semantic scheme, then distinguishing them 'from' senses merely restates the sense/reference distinction rather than establishing truth values as independently ontologically significant.
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Sense/reference distinction(as the philosophical distinction being invoked)
Frege's famous theory that words have two separate aspects: their 'sense' (the concept or meaning in your head) and their 'reference' (the actual object in the world they point to).
truth values(Frege-Church semantic framework)
The entities that sentences stand for, according to Church's argument; the two truth values being the True and the False.