This is an interesting article about the first grants from a new foundation "for projects that have broad implications for our understanding of the deep or ultimate nature of reality."

So far, all of the institute's money is from the Templeton Foundation, which has often been criticized by scientists for attempting to blur the lines between science and religion.

Even skeptics, though, suggested that the new institute, which used the Templeton money as seed money and is run completely separately, could be good for science.