Templeton Foundation Leans Into Precious Metals And Mining Equities And Alternatives As Portfolio Tops $3.2B

John Templeton was one of the investing pioneers whose career started in 1937. It lasted until his passing in 2008, leaving a huge mark on the investment world. Money magazine in 1999 called him the “best global stock picker of the century.” Besides managing the Templeton Growth Fund, he also ran a Templeton Foundation that is still operational.

The Foundation continued on the same path after Templeton passed, supporting innovative goals like scientific research and exploration of the crucial issues that mankind faced.

For fiscal 2024, the foundation reported total revenue of $258 million, and in contrast, expenses peaked at $169 million. Net income during the year was $88 million, while total net assets that the foundation operated with were $3.59 billion.

Also see: John Templeton Foundation Focused Investments Into Long-Term Gainers

In the 990 filing, the revenue section disclosed $2 million from donations, coming directly from Templeton World Charity Foundation and Templeton Religion Trust. Earnings from interest on savings reached $534 thousand, combined with $65 million earned from dividends and interests from securities. The largest chunk of revenue came from net gains from sales of assets that in 2024 maxed at $221 million.

Lindsell Train and Veritas Asset Management, with $75 million and $41 million, generated the highest capital gains. Also, noted contributors included Black Creek Investment Management, bringing in $29 million, followed by $20 million coming from Sands Capital Global Growth Fund.