Skip to main content
Filing year 2023

Lumina Foundation for Education Inc

Indianapolis, Indiana·EIN 35-1813228·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$54.3M
Total assets
$1.4B
Total expenses
$90.3M
Reported officers
21

Executive compensation

Form 990-PF · Part VIII · 21 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President/ceo
Board President
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Indiana
$1M
$1.2M
VP of Impact & Planning
Board Vice President
Above 90th percentile
$389k
$430k
VP for the Future of Learning and Work & Sr. Stratgeic Advisor
Board Vice President
Above 90th percentile
$385k
$425k
VP of Strategic Engagement
Board Vice President
Above 90th percentile
$348k
$384k
Vp, Public Policy & Executive Director
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Indiana
$340k
$375k
Vp, Equity Culture, & Talent
Board Vice President
Above 90th percentile
$339k
$374k
VP General Counsel & Chief of Staff
Board Vice President
Above 90th percentile
$325k
$360k
VP for Fin and Invest/cfo (as of 8/7/23)
Board Vice President
75th to 90th percentile
$178k
$196k
Exec Vp/coo/ General Counsel/secretary (until 2/28/23)
Board Secretary
Above 90th percentile
$151k
$167k
Director
Unclassified
$42k
$47k
Director
Unclassified
$37k
$40k
Director
Unclassified
$34k
$38k
Director
Unclassified
$34k
$38k
Director
Unclassified
$33k
$36k
Director
Unclassified
$28k
$31k
Director
Unclassified
$28k
$31k
Director
Unclassified
$28k
$31k
Director
Unclassified
$28k
$31k
Director
Unclassified
$28k
$31k
Director
Unclassified
$28k
$31k
Director
Unclassified
$28k
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Lumina Foundation for Education Inc equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$55.2M

Itemized grants

335

Median grant

$25k

RecipientLocationPurposeAmount
Blackbaud Giving FundCharleston, SCPublic charity conduit for lumina staff, board and retiree gifts to public charities.$2.3M
Georgetown UniversityWashington, DCTo examine attainment challenges to meet the needs of the modern workforce.$2M
National Skills CoalitionWashington, DCTo mobilize a diverse set of cross-sector teams from 15-20 states committed to expanding equitable access to and completion of quality non-degree credentials.$1.2M
National Student Clearinghouse Research CenterHerndon, DCTo produce 2024 & 2025 SCNC reports and add race/ethnicity to the 2024 & 2025 Undergraduate Degree Earners report.$1M
Ithaka SRNew York, NYTo support scaling of stranded credit clearinghouse$1M
Louisiana Community and Technical College System FoundationBaton Rouge, LATo improve the brand-building efforts of the 12 colleges in the Louisiana Community and Technical College System to support enrollment of adult learners.$1M
Association of Chamber of Commerce Executives FoundationAlexandria, VATo support 10-12 new communities to drive growth of credentialing and degree programs in their regions.$994k
Hechinger Report TheNew York, NYTo support in-depth national coverage on improving educational opportunities beyond high school.$850k
US Chamber of Commerce FoundationWashington, DCTo continue developing and implementing resources to states and community college partners for application of the Talent Pipeline Management framework.$835k
Foundation for California Community CollegesSacramento, CATo strengthen the three selected High Road Construction Careers partnership models between the State Building Trades, California Workforce Development Board, and other community organizations.$800k
Higher Learning AdvocatesWashington, DCTo support the organization's operations, strategic redevelopment, organizational planning, and responsive capacity changes.$750k
National Fund for Workforce SolutionsWashington, DCTo drive coordinated policy and practice changes across workplaces, workforce, and postsecondary education systems to ensure that race does not dictate employment outcomes.$700k
New America FoundationWashington, DCTo support a cohort of community colleges in strengthen, modernize, and update business models to enhance workforce development offerings.$700k
University of PittsburghPittsburgh, PATo support the implementation of the REACH Deeper college cohort$699k
American Institutes for ResearchArlington, VATo research institutional change efforts that support adult learner participation$675k
Century Foundation Inc TheNew York, NYTo expand the current Industry and Inclusion cohort to serve three community college systems in geographic regions that have large federal investments through the Build Back Better and Good Jobs Challenge programs.$650k
Education Writers AssociationWashington, DCTo support training for journalists that fosters informed, in-depth coverage of higher education and workforce training issues.$650k
New America FoundationWashington, DCTo support research, policy analysis, and nonpartisan advocacy that advances federal policies that support today's students$650k
Century Foundation Inc TheNew York, NYTo support research, policy analysis, and nonpartisan advocacy that advances federal policies that support today's students.$625k
Research Foundation of State University of New YorkAlbany, NYTo support the implementation of Strategic Enrollment Management plans at SUNY Community Colleges.$613k
American UniversityWashington, DCTo support expansion and use of a toolkit for higher education to respond to rising anti-democratic attitudes and beliefs.$600k
Behavioral Ideas Lab IncNew York, NYTo transform admissions processes using behavioral science to increase adult enrollment in BA programs$600k
Education Trust Inc TheWashington, DCTo support Ed Trust's capacity to engage with state and federal policymakers to preserve and advance equity in higher education policy$600k
Foundation for California Community CollegesSacramento, CATo support participation through the continuation of the strategic enrollment management work with an emphasis on implementation.$600k
Foundation for California Community CollegesSacramento, CATo support the California Community College System's deeper participation in the REACH Collaborative.$600k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Lumina Foundation for Education Inc

What does the Board President of Lumina Foundation for Education Inc earn?

In 2023, the Board President of Lumina Foundation for Education Inc received $1,043,393 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at Lumina Foundation for Education Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Board President at Lumina Foundation for Education Inc falls in the top 10%. In 2023, the highest total compensation at Lumina Foundation for Education Inc equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Lumina Foundation for Education Inc's revenue and expenses?

In 2023, Lumina Foundation for Education Inc reported $54.3M in total revenue and $90.3M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.