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Indiana · Nonprofit

Lumina Foundation for Education Inc

Lumina Foundation for Education Inc (Indiana) receives grants from 7 organizations whose IRS filings report $1,724,338 to it, the largest being ROCKEFELLER PHILANTHROPY ADVISORS INC ($1,361,508). 1 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$85M
Funders on record
7
Grants received
$1.7M
Net assets
$1.5B
1/7 repeat funderspeak grant-dependency 1%
01What it does

What Lumina Foundation for Education Inc does

Programs

  1. Technical assistance: the foundation provides technical assistance based on nonpartisan research and analysis to business, higher education, public policy, nonprofit, and workforce leaders and organizations with an interest in increasing the proportion of adults in the u.s. Labor force with college degrees and other credentials of value leading to economic prosperity to 75 percent by 2040. Foundation executives and staff regularly offer advice and assistance on topics such as college admissions and access to workforce training, supporting students with financial aid and high-impact practices as they pursue education and training after high school, and aligning degrees and other credentials with labor-market needs. This assistance includes briefings and testimony at the request of policymakers on matters within the foundation's areas of expertise, speaking at conferences, meetings, other events, and sharing ideas and insights through earned, owned, and paid media.

    $12,568,220 spent
  2. Research and publications: the foundation conducts sustantial nonpartisan research and analysis on education and training after high school and makes this research available free of charge. The foundation annually updates a widely cited benchmark report, "a stronger nation," using an online data vizualization tool. This report, based on federal data, makes a compelling case for the need to dramatically increase the share of americans with workforce certificates, college degrees, and quality short-term credentials. The tool is featured on the foundation's website and is promoted through media pitching and social media outreach. "a stronger nation" offers state-by-state analysis of the education levels of each state's residents, highlighting the work that must be done to achieve 75 percent of adults in the u.s. Labor force with college degrees and other credentials of value leading to economic prosperity by 2040. The foundation also releases lumina focus magazine.

    $4,585,917 spent
  3. Conferences and convenings: the foundation convenes business, higher education, public policy, nonprofit, and workforce leaders, researchers, and other influential leaders who are working to expand access to formal learning after high school and ensure the success of today's students, many of whom come from low-income households, are black, hispanic, latino, and native american, are the first in their families to attend college, or are working-age adults. These conversations bring people together around a range of topics to share, learn, build, and act. Topics covered include redesigning higher learning to advance the 75 percent goal the foundation and its partners in the field pursue consistent with a public, five-year strategic plan.

    $1,489,473 spent
  4. Philanthropy: the foundation supports the nonprofit philanthropic sector and organizations advancing the fields of higher education and workforce training. Foundation executives and staff actively support philanthropic organizations in indianapolis, where the foundation is headquartered, and in and around the district of columbia, where it has a satellite office. Foundation executives and staff members also serve on the boards of local, national, and international charitable foundations. For example, the foundation's president and ceo serves as a governor of the ditchley foundation, based in the united kingdom, as past chairman and trustee emeritus of the council on foundations, and on the bipartisan policy center's commission for the american workforce and the board of the central indiana corporate partnership. Other lumina staff serve on boards of organizations such as the nellie mae foundation, indiana humanities, and the arnolt center for investigative journalism.

    $1,125,473 spent

The 4 programs described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($66M) Expenses 100 ($77M) Net assets 100 ($1.2B)2019 Revenue 188 ($125M) Expenses 114 ($88M) Net assets 106 ($1.3B)2020 Revenue 188 ($125M) Expenses 91 ($70M) Net assets 119 ($1.4B)2021 Revenue 268 ($178M) Expenses 126 ($97M) Net assets 135 ($1.6B)2022 Revenue 155 ($103M) Expenses 85 ($66M) Net assets 117 ($1.4B)2023 Revenue 82 ($54M) Expenses 117 ($90M) Net assets 122 ($1.4B)2024 Revenue 129 ($85M) Expenses 94 ($73M) Net assets 130 ($1.5B)
2018201920202021202220232024
Revenue (129)Expenses (94)Net assets (130)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.6B to $1.4B (−12%).

$1.2B
$1.3B
$1.4B
$1.6B
$1.4B
$1.4B
$1.5B
2018201920202021202220232024
Total assetsTotal liabilities
03Who funds it

Who funds it, year by year

2018 → 2022: the base broadened from 1 funder to 2 funders, grant income rose $20k → $111k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Lumina Foundation for Education Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Lumina Foundation for Education Inc leans on a few funders — its largest provides 79% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Lumina Foundation for Education Inc.

79%
largest funder
91%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 97% · 2020 74% · 2021 100% · 2022 98% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

93% of Lumina Foundation for Education Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $123k that is directly attributable, 100% of it comes from funders outside Indiana, across 3 states.

NY
AZ
TN

In-state vs out-of-state, by year

’18
’19
’20
’22
Indiana out of state home

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Lumina Foundation for Education Inc is better cushioned than half of the 828 philanthropy nonprofits its size.

Months of reserve4.3mo · above the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024

Organizations like Lumina Foundation for Education Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Lumina Foundation for Education Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Lumina Foundation for Education Inc?
Lumina Foundation for Education Inc (Indiana) receives grants from 7 organizations whose IRS filings report $1,724,338 to it, the largest being ROCKEFELLER PHILANTHROPY ADVISORS INC ($1,361,508). 1 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Lumina Foundation for Education Inc have?
IRS filings report 7 organizations giving $1,724,338 in grants to Lumina Foundation for Education Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Lumina Foundation for Education Inc?
ROCKEFELLER PHILANTHROPY ADVISORS INC is the largest funder on record, with $1,361,508 in grants. The full list of funders is on this page.
How can an organization like Lumina Foundation for Education Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing