he Templeton Freedom Awards, administered by the Atlas Economic Research Foundation, are presented annually to non-profit research institutes that have made an outstanding contribution to the enhancement of economic and, by extension, civil freedom around the world. Instituted in 2003, they are designed to help and encourage small but successful think tanks which have demonstrated initiative and a potential for growth. The awards recognize innovative, civil society programs sponsored by independent research institutes. They are determined by an independent panel of distinguished judges.
Many of the institutes recognized by the awards operate in adverse environments; one of the objects is to select those that show most promise and achievement and help them to overcome difficulties. Many award winners conduct research and advocacy programs that empower the poor by facilitating access to education, legal rights, business loans, and an understanding of the market. Much of the developing world is only slowly making the transition from centrally-planned to free-market economies. In that transition, the leadership and expertise that think tanks contribute can be a crucial factor in accelerating economic development and the extension of personal liberties associated with fiscal emancipation. To facilitate that progress, the work of effective independent research institutes is crucial.
In 2007, the Templeton Freedom Awards recognized the achievements and potential of 16 institutions in 14 countries, out of more than 200 entries from 53 countries. The winners in the various categories came from nations as diverse as the United States, Brazil, Montenegro, Sweden, and Belarus. In addition to the main prizes, there is also a category of ten Templeton Freedom Award Grants.