Philanthropist John Templeton Dies
The Associated Press
July 8, 2008
CBNNews.com - SAN JUAN, Puerto Rico - Global investor and philanthropist John Templeton has died at a hospital in the Bahamas.
Spokesman Don Lehr says Templeton died Tuesday from pneumonia. He was 95.
Templeton created the John Templeton Foundation in 1987 to encourage scientific research. The foundation has an estimated endowment of US$1.5 billion and awards some US$70 million in annual grants.
Templeton was a naturalized British citizen who lived in Nassau. He was knighted in 1987 for his philanthropic accomplishments. He is survived by two sons, a stepdaughter, three grandchildren and three great-grandchildren.
Copyright 2008 by The Associated Press. All Rights Reserved.
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