John Templeton Foundation
- Assets
- $3.3b
- Revenue
- $227.3m
- Investments
- $3.3b
- Employees
- 0
- Location
- West Conshohocken, PA
- Founding
- 07/1988
- Data as of
- 12/2019
- EIN
- 62-1322826
Organization Overview
John Templeton Foundation is located in West Conshohocken, PA. The organization was established in 1988. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, John Templeton Foundation generated $227.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $152.5m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John Templeton Foundation has awarded 4,414 individual grants totaling $1,317,329,745. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEMPLETON PRIZE SEE GENERAL EXPLANATION STATEMENT
STRATEGIC ALLIANCES SEE GENERAL EXPLANATION STATEMENT
HUMBLE APPROACH INITIATIVE SEE GENERAL EXPLANATION STATEMENT
PROMOTING THE WORK OF OUR GRANTEES SEE GENERAL EXPLANATION STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn M Bryant Exec Vp/asst Secy/gen Counsel | 40 | $490,838 | |
Karen Miller Exec Vp/asst Treas/cfoo | 40 | $467,798 | |
Heather Templeton Dill President | 40 | $375,000 | |
Kimon Sargeant VP - Programs | 40 | $302,533 | |
James Pitofsky Managing Director | 40 | $290,800 | |
Matthew Walhout Vp- Natural Sciences | 40 | $290,485 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Asset Management (Americas) Inc | 12/30/19 | $1,537,500 |
O'connor Davies Administration Llc | 12/30/19 | $805,298 |
Lindsell Train Limited | 12/30/19 | $1,109,079 |
Rhodion Advisors Gmbh | 12/30/19 | $628,604 |
Walter Scott & Partners Limited | 12/30/19 | $1,427,423 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,514,389 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,501,016 |
| Net Rental Income | -$102,813 |
| Net Gain on Sale of Assets | $162,887,864 |
| Capital Gain Net Income | $160,636,100 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,357,343 |
| Total Revenue | $227,340,774 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,750,543 |
| Other employee salaries and wages | $7,190,182 |
| Pension plans, employee benefits | $2,597,980 |
| Interest | $0 |
| Taxes | $4,998,533 |
| Depreciation | $110,148 |
| Occupancy | $1,748,088 |
| Travel, conferences, and meetings | $1,686,926 |
| Printing and publications | $21,582 |
| Other expenses | $1,269,611 |
| Total operating and administrative expenses | $31,638,454 |
| Contributions, gifts, grants paid | $120,882,138 |
| Total expenses and disbursements | $152,520,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,398 |
| Savings and temporary cash investments | $6,322,368 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,318,360,291 |
| Net Land, buildings, and equipment | $1,281,475 |
| Other assets | $3,327,991 |
| Total assets | $3,329,359,523 |
| Accounts payable and accrued expenses | $2,498,250 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,498,250 |
Grants Awarded
Over the last fiscal year, John Templeton Foundation has awarded $217,287,351 in support to 611 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: THE ANCIENT DNA ATLAS OF HUMANITY | $12,705,928 |
UNIVERSITY OF BIRMINGHAM PURPOSE: CELEBRATION BRITAIN | $6,606,910 |
Princeton, NJ PURPOSE: TOWARD A SCIENTIFIC UNDERSTANDING OF THE HUMAN CAP | $4,245,840 |
La Mirada, CA PURPOSE: GRATITUDE TO GOD, PHASE 2: PSYCHOLOGICAL, PHILOSOP | $3,989,963 |
Orange, CA PURPOSE: CONSCIOUSNESS AND FREE WILL: A JOINT NEUROSCIENTIF | $3,740,842 |
Deerfield, IL PURPOSE: EVANGELICAL THEOLOGY AND THE DOCTRINE OF CREATION | $2,914,287 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that John Templeton Foundation has recieved totaling $46,387.
| Awarding Organization | Amount |
|---|---|
American Association For The Advancement Of Science Washington, DC PURPOSE: SUBCONTRACTOR | $44,887 |
Blankemeyer Foundation Inc Knoxville, TN PURPOSE: GIFT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conference On Jewish Material Claims Against Germany New York, NY | $625,126,378 | $986,959,155 |
Novo Foundation Brooklyn, NY | $593,621,324 | $396,208,057 |
Johns Hopkins University Baltimore, MD | $152,808,985 | $283,753,898 |
John Templeton Foundation West Conshohocken, PA | $3,329,359,523 | $227,340,774 |
Roy Lichtenstein Foundation New York, NY | $82,316,189 | $5,922,126 |
E&ss Foundation Inc New York, NY | $21,527,989 | $58,898,310 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $12,668,818 | $11,321,915 |
Hope For Youth Inc Amityville, NY | $9,698,304 | $12,564,487 |
Charitable Pharmacy Of Central Ohio Columbus, OH | $1,653,092 | $8,399,127 |
Fund For Charitable Giving Pittsburgh, PA | $43,006,266 | $19,316,934 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $4,064,414 | $7,594,536 |
Health Management Group Ltd Getzville, NY | $12,983,846 | $8,294,980 |