John Templeton Foundation
- Assets
- $3.9b
- Revenue
- $674.5m
- Investments
- $3.8b
- Employees
- 0
- Location
- West Conshohocken, PA
- Founding
- 07/1988
- Data as of
- 12/2021
- 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. John Templeton Foundation 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, John Templeton Foundation generated $674.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $195.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John Templeton Foundation has awarded 5,633 individual grants totaling $1,757,261,955. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
TEMPLETON PRIZESEE GENERAL EXPLANATION STATEMENT 25
STRATEGIC ALLIANCESSEE GENERAL EXPLANATION STATEMENT 25
PROMOTING THE WORK OF OUR GRANTEESSEE GENERAL EXPLANATION STATEMENT 25
SCIENCE OF PURPOSESEE GENERAL EXPLANATION STATEMENT 25
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn M Bryant Exec Vp/asst Secy/gen Counsel | 40 | $588,215 | |
Karen Miller Exec Vp/asst Treas/cfoo | 40 | $508,250 | |
Brian Crawford Director Investments | 40 | $494,631 | |
Heather Templeton Dill President | 40 | $412,500 | |
David Nassar VP Communications | 40 | $378,600 | |
James Pitofsky Managing Director | 40 | $309,911 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sanders Capital Llc | 12/30/21 | $2,209,899 |
Mid-atlantic Construction Inc | 12/30/21 | $998,553 |
Walter Scott & Partners Ltd | 12/30/21 | $1,476,202 |
Finn Partners Inc | 12/30/21 | $751,885 |
Lindsell Train Ltd Inv Mgt | 12/30/21 | $702,473 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,456,555 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,245,348 |
| Net Rental Income | -$196,892 |
| Net Gain on Sale of Assets | $615,630,916 |
| Capital Gain Net Income | $601,223,775 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,085,026 |
| Total Revenue | $674,493,008 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,466,391 |
| Other employee salaries and wages | $8,753,397 |
| Pension plans, employee benefits | $3,132,938 |
| Interest | $0 |
| Taxes | $10,613,006 |
| Depreciation | $78,785 |
| Occupancy | $1,676,816 |
| Travel, conferences, and meetings | $382,938 |
| Printing and publications | $0 |
| Other expenses | $1,633,339 |
| Total operating and administrative expenses | $42,199,844 |
| Contributions, gifts, grants paid | $153,380,629 |
| Total expenses and disbursements | $195,580,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $987,169 |
| Savings and temporary cash investments | $54,951,756 |
| 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 | $3,423,430,937 |
| Net Land, buildings, and equipment | $1,420,416 |
| Other assets | $2,586,119 |
| Total assets | $3,891,819,736 |
| Accounts payable and accrued expenses | $3,824,732 |
| 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 | $3,824,732 |
Grants Awarded
Over the last fiscal year, John Templeton Foundation has awarded $262,648,545 in support to 651 organizations.
| Grant Recipient | Amount |
|---|---|
Waco, TX PURPOSE: GLOBAL FLOURISHING STUDY: PILOTING AND WAVES 1-5 | $10,119,625 |
REGENTS OF THE UNIVERSITY OF MINNESOTA PURPOSE: AGENCY, DIRECTIONALITY, AND FUNCTION: FOUNDATIONS FOR A SCIENCE OF PURPOSE | $8,259,516 |
UNIVERSITY OF BRISTOL PURPOSE: RELIGIOUS BELIEF, HEALTH, AND DISEASE: A FAMILY PERSPECTIVE. II. THE FOLLOW-UP AND ANALYSES | $7,427,337 |
REGENTS OF THE UNIVERSITY OF MINNESOTA PURPOSE: AGENCY, DIRECTIONALITY, AND FUNCTION: FOUNDATIONS FOR A SCIENCE OF PURPOSE | $6,300,000 |
LSST INC PURPOSE: ESTABLISHING A TEMPLETON LSST EARLY-CAREER RESEARCH FELLOWSHIP | $5,343,407 |
MEDICAL UNIVERSITY OF GRAZ PURPOSE: WE ALL ARE MULTITUDES: THE MICROCHIMERISM, HUMAN HEALTH AND EVOLUTION PROJECT | $5,339,697 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that John Templeton Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Issachar Fund Grand Rapids, MI PURPOSE: MCSHEA TRADE OFF | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johns Hopkins University Baltimore, MD | $169,264,130 | $253,855,748 |
John Templeton Foundation West Conshohocken, PA | $3,891,819,736 | $674,493,008 |
Novo Foundation Kingston, NY | $453,240,395 | $236,125,352 |
Donald B And Dorothy L Stabler Foundation Harrisburg, PA | $483,040,822 | $63,822,611 |
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
Hope For Youth Inc Amityville, NY | $10,865,800 | $14,335,992 |
Margaret And Robert Walter Foundation Columbus, OH | $119,634,869 | $20,893,833 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $40,185,371 | $21,974,777 |
Charitable Pharmacy Of Central Ohio Columbus, OH | $4,066,781 | $13,066,074 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |