The Templeton Prize established in 1972 by the Templeton Foundation is an annual award to a living person who, in the estimation of the judges, "has made an exceptional contribution to affirming life's spiritual dimension, whether through insight, discovery, or practical works".
The prize is named after Sir John Templeton (1912–2008), an American-born British entrepreneur and businessman, who was knighted by Queen Elizabeth II in 1987 for his philanthropic efforts.
Until 2001, the name of the prize was "Templeton Prize for Progress in Religion", and from 2002 to 2008 it was called the "Templeton Prize for Progress Toward Research or Discoveries about Spiritual Realities".
At £1,000,000, as of 2009, it is the largest single annual financial prize award given to an individual by a philanthropic organization.
2013 Templeton Prize
Archbishop Desmond Tutu(81) awarded the 2013 prize for his lifelong work advancing spiritual principles such as love and forgiveness that have helped to liberate people around the world.Archbishop Tutu will receive the prize £1.1m ($1.6m) at the Guildhall in London on May 21,2013
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