Tibetan spiritual leader the Dalai Lama today received the prestigious 1.1 million pound Templeton Prize here and announced that most of the prize money will go to 'Save the Children' fund in India. 

Speaking at the St Paul's Cathedral where he received the prize, 76-year-old Dalai Lama said that most of the prize money will go to the 'Save the Children' fund in India, with smaller bequests to a science and religion group which is studying the effects of Buddhist practice and to a project to train Buddhist monks as scientists. 

About 900,000 pounds will go to 'Save the Children', an Indian NGO that works for child rights, with 125,000 pounds set aside for 'The Minds and Life Institute', a US based  non-profit organisation. Money will also go towards a fund to educate Tibetan monks about science.