Lumina Foundation is a organizations supporting multiple international-focused nonprofit based in Indianapolis, IN that was founded in 1991. As of 2019 they had $66 million in revenue and $1.2 billion in assets.
Lumina Foundation is an independent, private foundation in Indianapolis, committed to making opportunities for learning beyond high school available to all. Their goal is to prepare people for informed citizenship and for success in a global economy.
Lumina Foundation makes grants to other organizations, such as $2,400,000 to Credential Engine for "To Support the Further Development and Expansion of the Nonprofit Credential Engine."; $1,700,000 to Rockefeller Philanthropy Advisors (RPA) for "To Support Planning and Implementation Grants To Postsecondary Providers To Expand Recognition of Non-Institutional Learning Toward Credentials."; $1,200,000 to Institute for Higher Education Policy for "To Support the Scale of Degree Completion for Adults With Some Postsecondary Experience Across 27-30 States."; $1,000,000 to New Venture Fund for "Support State and Regional Census Outreach Efforts in Regions With High Proportions of Historically Hard-To-Count Populations and Relatively Few Philanthropic Resources."; and $1,000,000 to Georgetown University for "To Strengthen the Alignment of Postsecondary Education and Workforce Through Research and Technical Assistance.".
Previous legal names or variations of their name include: Lumina Foundation For Education.
EIN:
35-1813228
City:
State:
Website:
Phone:
800.834.5756
Facebook:
Twitter:
Founded:
1991
Type:
501(c)(3)
NTEE:
Revenue:
$66,471,132
Assets:
$1,202,918,515
Fiscal year end:
December
Form 990s for Lumina Foundation
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Feb 4, 2020 | 990PF | View PDF |
| 2017-12 | Feb 25, 2019 | 990PF | View PDF |
| 2016-12 | Nov 15, 2017 | 990PF | View PDF |
| 2015-12 | Nov 15, 2016 | 990PF | View PDF |
| 2014-12 | Nov 19, 2015 | 990PF | View PDF |
| ...and three more Form 990 PDFs |
Financials for Lumina Foundation
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $2,088,817 | $0 | 999% |
| Investment income and dividends | $10,720,493 | $8,185,508 | 31.0% |
| Net rental income | $0 | $0 | |
| Net gain from sale of non-inventory assets | $53,622,257 | $82,393,412 | -34.9% |
| Gross sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $39,565 | $24,593 | 60.9% |
| Total revenues | $66,471,132 | $90,603,513 | -26.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Compensation of current officers, etc. | $2,680,715 | $2,430,522 | 10.3% |
| Non-officer salaries and wages | $5,680,042 | $5,838,465 | -2.7% |
| Pension/retirement accruals and contributions | $2,397,293 | $1,958,021 | 22.4% |
| Legal fees | $410,055 | $569,893 | -28.0% |
| Accounting fees | $180,718 | $153,994 | 17.4% |
| Other fee-for-service | $5,767,662 | $6,483,833 | -11.0% |
| Interest | $75,000 | $50,500 | 48.5% |
| Depreciation, amortization, etc. | $375,781 | $380,276 | -1.2% |
| Occupancy | $678,240 | $687,871 | -1.4% |
| Travel | $2,791,344 | $2,726,218 | 2.4% |
| Office expenses | | | |
| Grants to all govts., orgs., and individuals | $42,747,215 | $56,705,360 | -24.6% |
| All other expenses | $12,560,005 | $13,057,039 | -3.8% |
| Total expenses | $77,091,548 | $91,487,522 | -15.7% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $0 | $0 | |
| Savings, short-term investments, etc. | $27,291,682 | $17,765,145 | 53.6% |
| Accounts receivable | $723,420 | $506,897 | 42.7% |
| Pledges and grants receivable | $723,420 | $0 | 999% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $0 | $0 | |
| Prepaid expenses and deferred charges | $909,945 | $1,030,804 | -11.7% |
| Investments in government obligations | $60,968,410 | $85,573,377 | -28.8% |
| Investments in corporate stock | $407,186,034 | $486,101,483 | -16.2% |
| Investments in corporate bonds | $54,932,651 | $46,825,837 | 17.3% |
| Investments in land, buildings, and equipment | $0 | $0 | |
| Investments in mortgage loans | $0 | $0 | |
| Other types of investments | $641,873,581 | $627,128,336 | 2.4% |
| Buildings, equipment, etc. post-depreciation | $1,100,797 | $1,358,066 | -18.9% |
| Other assets | $7,931,995 | $4,500,000 | 76.3% |
| Total assets | $1,202,918,515 | $1,270,789,945 | -5.3% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $8,340,843 | $8,918,844 | -6.5% |
| Grants payable | $19,649,084 | $26,236,106 | -25.1% |
| Deferred revenue | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $0 | $0 | |
| Total liabilities | $27,989,927 | $35,154,950 | -20.4% |
| Field | 2018 |
|---|
| Unrestricted net assets | $1,174,928,588 |
| Temporarily restricted net assets | $0 |
| Permanently restricted net assets | $0 |
Vendors for Lumina Foundation
| Vendor | Services | Amount paid | Date |
|---|
| WordPress | Content management system software | | 2020-06-15 |
| █████ ███ | Tax accounting | | 2020-02-04 |
| ███████ █████ ███ ████████ ███ | Attorneys at Law | $538,865 | 2019-02-25 |
| ████ ████ ████████ | Technology Support | $272,509 | 2019-02-25 |
| ████ ███████████ ███ | Property Rental | $573,752 | 2019-02-25 |
| ██ ███ ████████████ | Investment Consulting Contracted Chief Investment Officer Functions | $2,052,856 | 2019-02-25 |
| ████████ ███████ ████ | Convening Location Provider | $266,389 | 2019-02-25 |
| ███████████ ████████ | Investment Consulting Contracted Chief Investment Officer Functions | $2,822,165 | 2018-12-01 |
| ...and nine more vendors |
Personnel at Lumina Foundation
| Name | Title | Compensation | Most recent data |
|---|
| Jamie Merisotis | President and Chief Executive Officer | $791,401 | Feb. 4, 2020 |
| Holiday Hart McKiernan | Executive Vice President, Chief Operating Officer and General Counsel | $431,029 | Dec. 31, 2018 |
| ████ ██████████ | Vice President Finance and Investments and Chief Financial Officer and Treasurer | $298,253 | Dec. 31, 2018 |
| ███████ ██████ | Senior Vice President and Chief Strategy Officer | $301,147 | Dec. 31, 2018 |
| ███ █ █████ | Managing Director | $263,730 | Dec. 31, 2018 |
| ██████ █████ | Director of Investments | - | Dec. 17, 2017 |
| ██████ █████ | Strategy Director for Finance and Federal Policy | - | Dec. 17, 2017 |
| ██████ █████ | Information Technology Director | - | Dec. 17, 2017 |
| ███████ █████ | Human Resources and Administration Director | - | Dec. 17, 2017 |
| █████ ████████ ████████ | Director of Media Relations | - | Dec. 17, 2017 |
| ...and eight more key personnel |
Peer organizations supporting multiple foreign affairs and international nonprofits
| | Name | Type | Revenue | Location |
|---|
| 1 | Michael and Susan Dell Foundation (MSDF) | 501(c)(3) | $139 million | Austin, TX |
| 2 | Lemelson Foundation | 501(c)(3) | $31 million | Portland, OR |
| 3 | Carnegie Corporation of New York | 501(c)(3) | $231 million | New York, NY |
| 4 | Dekko Foundation | 501(c)(3) | $17 million | Kendallville, IN |
| 5 | Solarbron Pointe | 501(c)(3) | $22 million | Bloomington, IN |
| 6 | Richard M. Fairbanks Foundation (RMFF) | 501(c)(3) | $23 million | Indianapolis, IN |
| 7 | Foellinger Foundation | 501(c)(3) | $66 million | Fort Wayne, IN |
| 8 | Concern Worldwide US | 501(c)(3) | $39 million | New York, NY |
| 9 | Comic Relief USA (AGB) | 501(c)(3) | $48 million | New York, NY |
| 10 | Global Impact | 501(c)(3) | $71 million | Alexandria, VA |
| 11 | American Leprosy Missions (ALM) | 501(c)(3) | $19 million | Greenville, SC |
| 12 | Christian Relief International | 501(c)(3) | $27 million | Lancaster, PA |
| 13 | The Ireland Funds America | 501(c)(3) | $28 million | Boston, MA |
| 14 | Islamic Relief USA | 501(c)(3) | $106 million | Alexandria, VA |
| 15 | Nph-Usa | 501(c)(3) | $18 million | Chicago, IL |
| 16 | James Irvine Foundation | 501(c)(3) | $81 million | San Francisco, CA |
| 17 | Rosalinde and Arthur Gilbert Foundation | 501(c)(3) | $17 million | Santa Monica, CA |
| 18 | Mertz Gilmore Foundation | 501(c)(3) | $24 million | New York, NY |
| 19 | Skoll Foundation | 501(c)(3) | $24 million | Palo Alto, CA |
| 20 | Duke Endowment | 501(c)(3) | $265 million | Charlotte, NC |
| 21 | Xq Institute | 501(c)(3) | $37 million | Oakland, CA |
| 22 | Croucher Foundation | 501(c)(3) | $28 million | Hong Kong, |
| 23 | Robertson Foundation for Government (RFFG) | 501(c)(3) | $19 million | Washington, DC |
| 24 | Ball State University Foundation | 501(c)(3) | $24 million | Muncie, IN |
| 25 | Indiana University Foundation | 501(c)(3) | $309 million | Bloomington, IN |