Richard & Mary Templeton Foundation
Richard & Mary Templeton Foundation maintains substantial assets and zero executive compensation amidst fluctuating revenues.
EIN: 200321164 · Albany, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46.8M |
| Total Expenses | $21.2M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $102.2M |
| Transparency Score | 90/100 |
Is Richard & Mary Templeton Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richard & Mary Templeton Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richard & Mary Templeton Foundation
Richard & Mary Templeton Foundation (EIN: 200321164) is a nonprofit organization based in Albany, NY, classified under NTEE code T20. The organization reported total revenue of $46.8M and total assets of $109.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard & Mary Templeton Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard & Mary Templeton Foundation is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 43.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.6M |
| Total Expenses | $21.2M |
| Surplus / Deficit | $-8,689,607 |
| Total Assets | $102.2M |
| Total Liabilities | $1 |
| Net Assets | $102.2M |
| Operating Margin | -69.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 57.7 months |
Financial Health Grade: B
In 2023, Richard & Mary Templeton Foundation reported a deficit of $8.7M with expenses exceeding revenue, holds 57.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Richard & Mary Templeton Foundation's revenue has grown at a compound annual growth rate (CAGR) of 43.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.4% | +66.7% | -10.3% |
| 2022 | -66.2% | -11.8% | -4.3% |
| 2021 | -43.1% | +19.8% | +7.6% |
| 2020 | +31.8% | +41.6% | +46.1% |
| 2019 | +359.5% | +331.7% | +208.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Richard & Mary Templeton Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Richard & Mary Templeton Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all ten available IRS 990 filings, indicating that no officers receive salaries from the foundation, which is highly unusual for an organization with assets exceeding $100 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Richard & Mary Templeton Foundation's IRS 990 filings:
- Expenses exceeded revenue in the latest filing period (202312), though this is offset by substantial assets.
Strengths
The following positive indicators were identified for Richard & Mary Templeton Foundation:
- Consistently reports 0% officer compensation across all filings, indicating high efficiency.
- Maintains substantial assets ($102,240,366 in 202312) far exceeding liabilities ($1).
- Strong asset growth over the past decade, from $9.1M in 2011 to over $100M in 2023.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Richard & Mary Templeton Foundation
Is Richard & Mary Templeton Foundation a legitimate charity?
Richard & Mary Templeton Foundation (EIN: 200321164) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $46.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Richard & Mary Templeton Foundation spend its money?
Richard & Mary Templeton Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Richard & Mary Templeton Foundation tax-deductible?
Richard & Mary Templeton Foundation is registered as a tax-exempt nonprofit (EIN: 200321164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Richard & Mary Templeton Foundation CEO make?
Richard & Mary Templeton Foundation's highest-compensated officer earns $100 annually. The organization reported $46.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Richard & Mary Templeton Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Richard & Mary Templeton Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Richard & Mary Templeton Foundation located?
Richard & Mary Templeton Foundation is headquartered in Albany, New York and files with the IRS under EIN 200321164. It is classified under NTEE code T20.
How many years of IRS 990 filings does Richard & Mary Templeton Foundation have?
Richard & Mary Templeton Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $46.8M in total revenue.
Is the Richard & Mary Templeton Foundation a good charity?
Based on the provided financial data, the Richard & Mary Templeton Foundation appears to be a very good charity from a financial health and efficiency perspective. It maintains substantial assets ($102,240,366 in 202312), has minimal liabilities ($1), and consistently reports 0% officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses have varied. In the latest period (202312), expenses ($21,248,416) exceeded revenue ($12,558,809). However, in other periods like 202112, revenue ($31,975,740) significantly exceeded expenses ($14,460,980). The foundation's substantial asset base allows it to absorb periods where expenses outpace revenue, indicating long-term financial stability.
What is the trend in the foundation's assets?
The foundation's assets have grown significantly over time, from $9,169,172 in 201112 to $102,240,366 in 202312, with a peak of $119,154,621 in 202112. This indicates strong financial growth and endowment management.
Filing History
IRS 990 filing history for Richard & Mary Templeton Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Richard & Mary Templeton Foundation's revenue has grown by 7745.6%, moving from $160K to $12.6M. Total assets increased by 1015% over the same period, from $9.2M to $102.2M. Total functional expenses rose by 4034.5%, from $514K to $21.2M. In its most recent filing year (2023), Richard & Mary Templeton Foundation reported a deficit of $8.7M, with expenses exceeding revenue. The organization holds $1 in liabilities against $102.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $102.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.6M | $21.2M | $102.2M | $1 | — | View 990 |
| 2022 | $10.8M | $12.8M | $114.0M | $1 | — | View 990 |
| 2021 | $32.0M | $14.5M | $119.2M | $1 | — | View 990 |
| 2020 | $56.2M | $12.1M | $110.8M | $1 | — | View 990 |
| 2019 | $42.6M | $8.5M | $75.8M | $1 | — | View 990 |
| 2015 | $9.3M | $2.0M | $24.6M | $0 | — | View 990 |
| 2014 | $8.4M | $898K | $19.5M | $0 | — | View 990 |
| 2013 | $4.9M | $627K | $14.0M | $0 | — | View 990 |
| 2012 | $3.4M | $666K | $11.1M | $0 | — | View 990 |
| 2011 | $160K | $514K | $9.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.6M, expenses of $21.2M, and assets of $102.2M (revenue +16.4% year-over-year).
- 2022: Revenue of $10.8M, expenses of $12.8M, and assets of $114.0M (revenue -66.2% year-over-year).
- 2021: Revenue of $32.0M, expenses of $14.5M, and assets of $119.2M (revenue -43.1% year-over-year).
- 2020: Revenue of $56.2M, expenses of $12.1M, and assets of $110.8M (revenue +31.8% year-over-year).
- 2019: Revenue of $42.6M, expenses of $8.5M, and assets of $75.8M (revenue +359.5% year-over-year).
- 2015: Revenue of $9.3M, expenses of $2.0M, and assets of $24.6M (revenue +9.9% year-over-year).
- 2014: Revenue of $8.4M, expenses of $898K, and assets of $19.5M (revenue +71.9% year-over-year).
- 2013: Revenue of $4.9M, expenses of $627K, and assets of $14.0M (revenue +42.9% year-over-year).
- 2012: Revenue of $3.4M, expenses of $666K, and assets of $11.1M (revenue +2047.4% year-over-year).
- 2011: Revenue of $160K, expenses of $514K, and assets of $9.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard & Mary Templeton Foundation:
Data Sources and Methodology
This transparency report for Richard & Mary Templeton Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.