Templeton Foundation Inc
- Assets
- $0.0
- Revenue
- $980.3k
- Investments
- $8.1m
- Employees
- 0
- Location
- West Conshohocken, PA
- Founding
- 03/1953
- Data as of
- 12/2021
- EIN
- 22-6035108
Organization Overview
Templeton Foundation Inc is located in West Conshohocken, PA. The organization was established in 1953. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Templeton Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Templeton Foundation Inc generated $980.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF BOOKS, WEBSITE, AND INFORMATION REGARDING THE RELATIONSHIP BETWEEN SCIENCE AND RELIGION, ENCOURAGING CHARACTER DEVELOPMENT AND ENHANCING INDIVIDUAL FREEDOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann T Cameron Trustee/treasurer | 1 | $3,100 | |
Brian Crawford Director Of Investments | 1 | $0 | |
David G Myers Trustee | 1 | $4,300 | |
Handly Templeton Trustee | 1 | $3,000 | |
Harvey M Templeton III Trustee/secretary | 1 | $4,600 | |
Heather Templeton Dill President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Of Chicago Press | 12/30/22 | $101,417 |
John Templeton Foundation | 12/30/22 | $115,000 |
Ernst & Young Us Llp | 12/30/22 | $55,184 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $872,209 |
| Interest on Savings | $0 |
| Dividends & Interest | $198,891 |
| Profit on Inventory Sales | -$321,858 |
| Other Income | $3,092 |
| Total Revenue | $980,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $286,719 |
| Pension plans, employee benefits | $125,801 |
| Depreciation | $3,570 |
| Occupancy | $43,392 |
| Travel, conferences, and meetings | $6,581 |
| Printing and publications | $45,868 |
| Total operating and administrative expenses | $1,217,820 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,217,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,086,286 |
| Other assets | $834,683 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |