President of $3.34 billion Templeton Foundation dies

The president and chairman of the $3.34 billion John Templeton Foundation, has died. John M. Templeton was 75.

The West Conshohocken-based foundation said Templeton died Saturday at his Bryn Mawr home. His daughter, Heather Templeton Dill, said her father died of cancer.

Templeton was a former pediatric surgeon who retired in 1995 to manage the foundation. He became president following the 2008 death of his father, Sir John Templeton, who created the Templeton Fund in 1954 and the foundation in 1987.

The foundation said that during his 20 years at the helm, the endowment grew from $28 million to $3.34 billion. An annual $1.7 million Templeton Prize is awarded to a living person who has made exceptional contributions to affirming life’s spiritual dimension, whether through insight, discovery, or practical works.

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