![]() John Templeton, Lay Committee director emeritus, dies at age 95 The Layman Thursday, July 10, 2008 Sir John Templeton, 95, a director emeritus of the Presbyterian Lay Committee and an acclaimed investment pioneer, died July 8 in Nassau, Bahamas. The Tennessee-born philanthropist was the founder of the Templeton Foundation, which annually awards the now $1.6-million Templeton Prize in Religion, one of the richest awards in the world. The first award of $86,000 went to Mother Teresa in 1973 for her orphanages. Other winners include Billy Graham; Charles Colson; Dr. Bill Bright, founder of Campus Crusade for Christ; Aleksandr Solzhenitsyn and Mother Teresa. In recent years, the award has gone to a broad spectrum of religious leaders, including non-Christians. Templeton made his fortune as a pioneer in global mutual funds. Since his retirement, he has given away millions of dollars. One of the last contacts he had with The Layman occurred in 2001 at a Duke University Conference on "Religion, Aging and Healthcare in the 21st Century." The conference was co-sponsored by Duke and the John Templeton Foundation. Then 88, Templeton urged the participants to serve purposeful lives. "Having a life of purpose is fundamental to being a child of God," he said, and that purpose should not end with retirement at age 65. "What a blessing it would be if people were not planning to retire," he said. "They would be better off. Everybody would be better off Those who are idle almost inevitably go downhill." Knighted by Queen Elizabeth II, Templeton was a Yale graduate, a Rhodes scholar and a Presbyterian elder. |
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