August 7, 2008
Templeton Foundation's Assets Expected to Grow by 50%
The $1.3-billion John Templeton Foundation may see its assets increase by 50 percent by the end of 2009, following the death last month of its founder, Sir John M. Templeton, the mutual-fund pioneer. That would most likely make it among the 30 wealthiest grant makers in the United States.
Mr. Templeton, a billionaire whose foundation focuses to a large degree on reconciling science and religion, had much of his fortune in a series of trusts, and his estate may not be settled until
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