It's best you hear from him what he is about, and what the award means to him. Then get tweets from His Holiness the 14th Dalai Lama himself. That's how I learned of this of much more.

Here is the announcment


The formal acceptance will be streamed live over the internet on Monday 14th May 2012.

Watch at http://www.templetonprize.org/

Media Panel: 10:00 AM BST London / 5:00 AM EDT New York
Ceremony: 1:30 PM BST London / 8:30 AM EDT New York

St. Paul's Cathedral
St. Paul's Churchyard, London