In 2005, Grove City founded its Center for Vision and Values, further advancing its programs in the humanities. The Center aims to educate the world about faith and freedom by giving its faculty members the opportunity to share their scholarship with a community beyond Pennsylvania. The Center for Vision & Values won a 2010 Templeton Freedom Award for Excellence in Promoting Liberty, in the category of "Special Achievement by a University-based Center." Instituted in the fall of 2003, and named after the late philanthropist and pioneering investor – Sir John Marks Templeton – the Templeton Freedom Awards were the result of a partnership between the John Templeton Foundation and the Atlas Economic Research Foundation, which administers the prize.