TY 2020 GeneralExplanationAttachment
Name:
JOHN TEMPLETON FOUNDATION
EIN:
62-1322826
Identifier Return Reference Explanation
CONTRIBUTIONS FORM 990-PF, PART I DURING 2020 THE JOHN TEMPLETON FOUNDATION RECEIVED CONTRIBUTIONS FROM A NON-US TRUST. SECTION V OF INTERNAL REVENUE SERVICE NOTICE 97-34 STATES, IN PART, AS FOLLOWS: "REPORTING IS ALSO NOT REQUIRED UNDER SECTION 6048(C) WITH RESPECT TO DISTRIBUTIONS FROM FOREIGN TRUSTS RECEIVED BY DOMESTIC ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), PROVIDED THE ORGANIZATION HAS A DETERMINATION LETTER FROM THE SERVICE THAT HAS NOT BEEN REVOKED RECOGNIZING ITS STATUS AS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(A)." THEREFORE, PURSUANT TO NOTICE 97-34 THE JOHN TEMPLETON FOUNDATION HAS NOT FILED FORM 3520.
CONTROLLED ENTITIES FORM 990-PF, PART VII-A, LINE 11 JOHN TEMPLETON FOUNDATION WAS A CONTROLLING ORGANIZATION OF THEFOLLOWING:TEMPLETON FOUNDATION, INC.300 CONSHOHOCKEN STATE ROAD, SUITE 500WEST CONSHOHOCKEN, PA 19428EIN: 22-6035108JOHN TEMPLETON FOUNDATION IS A DISQUALIFIED PERSON TO TEMPLETON FOUNDATION, INC. ONLY FOR PURPOSES OF IRC SECTION 4943 - EXCESS BUSINESS HOLDINGS. TEMPLETON FOUNDATION, INC. IS NOT AN EXCESS BUSINESS HOLDING AND DOES NOT HOLD ANY EXCESS BUSINESS HOLDINGS AS DEFINED BY IRC SECTION 4943.FORM 990-PF, PART VII-A, LINE 11A, TRANSFERS FROM CONTROLLED ENTITY:TEMPLETON FOUNDATION, INC. TRANSFERRED $702,272 TO THE JOHN TEMPLETON FOUNDATION. THIS AMOUNT REPRESENTS REFUNDS OF THE 2019 GRANT AND FEES PAID TO THE JOHN TEMPLETON FOUNDATION FOR PROVIDING MANAGEMENT SERVICES TO TEMPLETON FOUNDATION, INC. TO ALLOW FOR THE FURTHERANCE OF ITS EXEMPT PURPOSE. TEMPLETON FOUNDATION, INC. IS A RELATED PERSON WITH RESPECT TO THE JOHN TEMPLETON FOUNDATION AND TEMPLETON FOUNDATION, INC.'S PURPOSES FURTHER THE JOHN TEMPLETON FOUNDATION'S TAX EXEMPT PURPOSE. PLEASE SEE ATTACHMENT 16 FOR ADDITIONAL DETAILS OF TRANSFER.FORM 990-PF, PART VII-A, LINE 11A, TRANSFERS TO CONTROLLED ENTITY:THE JOHN TEMPLETON FOUNDATION TRANSFERRED $1,428,224 TO TEMPLETON FOUNDATION, INC. THIS AMOUNT REPRESENTS GRANT PAID BY THE JOHN TEMPLETON FOUNDATION TO TEMPLETON FOUNDATION, INC. THE JOHN TEMPLETON FOUNDATION EXERCISES EXPENDITURE RESPONSIBILITY OVER THE GRANT. PLEASE SEE ATTACHMENT 15 FOR ADDITIONAL DETAILS OF TRANSFER.
SUMMARY OF DIRECT CHARITABLE ACTIVITIES FORM 990-PF, PART IX-A 1. TEMPLETON PRIZETHE TEMPLETON PRIZE WAS ESTABLISHED IN 1972, BY THE LATE SIR JOHN TEMPLETON, AND EACH YEAR HONORS A LIVING PERSON WHO HAS MADE AN EXCEPTIONAL CONTRIBUTION TO AFFIRMING LIFE'S SPIRITUAL DIMENSION, WHETHER THROUGH INSIGHT, DISCOVERY OR PRACTICAL WORKS. THE PRIZE AIMS TO IDENTIFY "ENTREPRENEURS OF THE SPIRIT" OUTSTANDING INDIVIDUALS WHO HAVE DEVOTED THEIR TALENTS TO EXPANDING THE FOUNDATION'S VISION OF HUMAN PURPOSE AND ULTIMATE REALITY. THE PRIZE CELEBRATES NO PARTICULAR FAITH TRADITION OR NOTION OF GOD, BUT RATHER THE QUEST FOR PROGRESS IN HUMANITY'S EFFORTS TO COMPREHEND THE MANY AND DIVERSE MANIFESTATIONS OF THE DIVINE. MEN AND WOMEN OF ANY CREED, PROFESSION OR NATIONAL ORIGIN MAY BE NOMINATED FOR THE TEMPLETON PRIZE AND AN INDEPENDENT JUDGING PANEL OF NINE DISTINGUISHED PERSONS DETERMINE THE WINNER. THE PRIZE HAS BEEN AWARDED TO SCIENTISTS, PHILOSOPHERS, THEOLOGIANS, MEMBERS OF THE CLERGY, PHILANTHROPISTS, WRITERS, AND REFORMERS, FOR WORK THAT HAS RANGED FROM THE CREATION OF NEW RELIGIOUS ORDERS AND SOCIAL-SPIRITUAL MOVEMENTS TO HUMAN SCIENCES SCHOLARSHIP, TO RESEARCH ABOUT THE FUNDAMENTAL QUESTIONS OF EXISTENCE, PURPOSE AND THE ORIGINS OF THE UNIVERSE. WHAT THESE REMARKABLE PREVIOUS LAUREATES HAVE SHARED IS A COMMITMENT TO EXPLORING ONE OR MORE OF THE BIG QUESTIONS AT THE CORE OF THE JOHN TEMPLETON FOUNDATION'S MANDATE FOR BREAKTHROUGHS IN DISCOVERY AND OUTREACH WITH DIRECT OR INDIRECT RELEVANCE TO "SPIRITUAL PROGRESS." ALL HAVE BEEN SEEKERS OF WISDOM, HUMBLED BY THE COMPLEXITY OF THE HUMAN CONDITION BUT DETERMINED TO CHART A PATH FORWARD WITH THEIR IDEAS AND DEEDS. SOME TEMPLETON PRIZE LAUREATES HAVE DEMONSTRATED THE TRANSFORMATIVE POWER OF VIRTUES LIKE LOVE, FORGIVENESS, GRATITUDE, AND CREATIVITY. OTHERS HAVE PROVIDED NEW INSIGHTS INTO SCIENTIFIC OR PHILOSOPHICAL PROBLEMS RELATING TO INFINITY, ULTIMATE REALITY, AND PURPOSE IN THE COSMOS. STILL OTHERS HAVE USED THE ANALYTICAL TOOLS OF THE HUMANITIES TO PROVIDE NEW PERSPECTIVES ON THE SPIRITUAL DILEMMAS OF MODERN LIFE. THE PRIZE SEEKS AND ENCOURAGES BREADTH OF VISION, AND NEW INSIGHTS THAT HUMAN BEINGS TAKE THEIR SPIRITUAL BEARINGS FROM A RANGE OF EXPERIENCES.2. STRATEGIC ALLIANCESTHE JOHN TEMPLETON FOUNDATION PARTNERS WITH VARIOUS OTHER FUNDERS TO SHARE COMMON INTERESTS THAT EXPAND THE IMPACT OF OUR RESPECTIVE WORK, COLLABORATE ON PROJECTS, LEARN FROM ONE ANOTHER'S SUCCESSES, AND STRATEGIZE ABOUT AREAS OF COMMON PHILANTHROPIC INTEREST. THE FOUNDATION BRINGS TOGETHER INDIVIDUAL PHILANTHROPIST, FOUNDATIONS, AND CORPORATIONS TO EXPLORE POSSIBLE PARTNERSHIPS. 3. PROMOTING THE WORK OF OUR GRANTEESTHE JOHN TEMPLETON FOUNDATION DIRECTLY PROMOTES THE WORK OF OUR GRANTEES THROUGH VARIOUS MEDIA OUTLETS. THE FOUNDATION'S WEBSITE, TEMPLETON.ORG, IS THE CORE METHOD OF CLARIFYING OUR MISSION AND VISION, PROVIDING POTENTIAL GRANTEES WITH INFORMATION, AND FEATURES OUR CURRENT AND PAST GRANTS. THE WEBSITE IS ALSO THE PRIMARY COMMUNICATIONS VEHICLE TO INFORM VARIOUS AUDIENCES (GRANT SEEKERS, JOURNALISTS, OPINION LEADERS, THE PUBLIC) ABOUT THE WORK OF THE JOHN TEMPLETON FOUNDATION, THE LIFE AND PHILANTHROPIC VISION OF ITS FOUNDER, AND THE GRANTS AND PROGRAMS SPONSORED BY THE FOUNDATION. THESE TOPICS HELP PROVIDE THE LATEST AND MOST RELEVANT INFORMATION TO THE VARIOUS AUDIENCES THAT FREQUENT THE SITE. THE FOUNDATION HAS DEVELOPED A BI-WEEKLY NEWSLETTER, POSSIBILITIES, WHICH HAS HAD A POSITIVE IMPACT ON OUR REACH TO A WIDER PUBLIC AUDIENCE. FINALLY, WE CONTINUE TO ENGAGE OUR AUDIENCES AND PROMOTE THE WORK OF OUR GRANTEES THROUGH VARIOUS SOCIAL MEDIA CHANNELS AND NETWORKING EVENTS.4. SCIENCE OF PURPOSEINVESTIGATING THE NATURE AND VARIETIES OF LONG-TERM DIRECTIONAL TRENDS AND AGENTIAL, GOAL-SEEKING PROCESSES IN THE NATURAL WORLD. THIS PRIORITY SUPPORTS RESEARCH THAT SEEKS TO CLARIFY AND TEST NOTIONS OF APPARENT AGENTIAL, GOAL-DIRECTED, AND EVEN PURPOSIVE PROCESSES IN THE SCIENCES, AS WELL AS EMPIRICAL AND THEORETICAL PROJECTS THAT EXPLORE TWO BROAD STREAMS OF INQUIRY ACROSS A RANGE OF DISCIPLINES (E.G. PHYSICS OF LIFE, CHEMISTRY, AND BIOLOGY):TARGET-ORIENTED BEHAVIORS. MANY BIOTIC AND EVEN SOME ABIOTIC SYSTEMS MIGHT BE SAID TO DISPLAY "AGENTIC BEHAVIORS" THAT APPEAR TO BE SELF-CORRECTING AND TARGET-ORIENTED. HOW DO SUCH PROCESSES EMERGE, AND HOW ARE THEY MAINTAINED? ARE THESE BEHAVIORS BEST UNDERSTOOD IN TERMS OF NON-REDUCTIVE EXPLANATIONS? CAN PURPOSIVE BEHAVIORS BE CONCEPTUALIZED IN RIGOROUS WAYS THAT HELP TO ADVANCE EMPIRICAL INVESTIGATIONS?LONG-TERM DIRECTIONAL TRENDS. THE EMERGENCE OF LIFE IS ONE OF THE BIGGEST MYSTERIES IN SCIENCE. SOMEHOW, INCREASES IN MOLECULAR COMPLEXITY LEAD TOGAINS IN INFORMATION, SELF-REGULATION, AUTOCATALYTIC EFFICIENCY, AND ROBUSTNESS. HOW MIGHT THE PHYSICAL LAWS THAT GOVERN THE EVOLUTION OF THE COSMOS SUPPORT THE EMERGENCE OF LIFE? ARE THERE PRINCIPLES OR CONSTRAINTS IN NATURE THAT OPERATE AT THE ABIOTIC-BIOTIC INTERFACE OR GIVE RISE TO DIRECTIONAL TRENDS IN EVOLUTIONARY TRANSITIONS?
EXPLANATIONS REGARDING OFFICERS, DIRECTORS, AND TRUSTEES PART VIII, LINE 1 AVERY TEMPLETON LLOYD SERVED AS TRUSTEE FOR THE FOUNDATION FROM 1/1/20 TO 6/30/20. THE REPORTED AMOUNTS REFLECT TOTAL COMPENSATION RECEVIED IN 2020.HANDLY TEMPLETON SERVES AS PRESIDENT OF UNITY I, LLC. UNITY I, LLC IS A DISREGARDED SINGLE MEMBER LLC OF THE JOHN TEMPLETON FOUNDATION.HEINRICH LIECHTENSTEIN SERVED AS TRUSTEE FOR THE FOUNDATION FROM 1/1/20 TO 6/30/20. THE REPORTED AMOUNTS REFLECT TOTAL COMPENSATION RECEIVED IN 2020.KIM TAN SERVED AS TRUSTEE FOR THE FOUNDATION FROM 7/1/20 TO 12/31/20. THE REPORTED AMOUNTS REFLECT TOTAL COMPENSATION RECEIVED IN 2020.LAUREN TEMPLETON SERVED AS TRUSTEE FOR THE FOUNDATION FROM 7/1/20 TO 12/31/20. THE REPORTED AMOUNTS REFLECT TOTAL COMPENSATION RECEIVED IN 2020.MARY ANN MEYERS IS AN EMPLOYEE OF THE FOUNDATION AND SERVED AS A TRUSTEE OF THE FOUNDATION. THE REPORTED COMPENSATION REFLECTS TOTAL AMOUNTS RECEIVED IN 2020 FOR HER SERVICES AS AN EMPLOYEE AND TRUSTEE.REBECCA M. TEMPLETON SERVES AS SECRETARY/TREASURER OF UNITY I, LLC. UNITY I, LLC IS A DISREGARDED SINGLE MEMBER LLC OF THE JOHN TEMPLETON FOUNDATION.
  FORM 990-PF, PART VIII, LINE 2 ALL OF THE HIGHEST COMPENSATED EMPLOYEES LISTED ON PART VIII, LINE 2 CAN BE REACHED AT THE FOLLOWING ADDRESS:300 CONSHOHOCKEN STATE RD, STE 500WEST CONSHOHOCKEN, PA 19428