
This section addresses frequently asked questions about Lumina Foundation's programs.
Q1: What is the Foundation's grantmaking focus?
Because Lumina believes that education can best help people achieve their potential and improve our nation's future, we address issues that affect U.S. access to and attainment in postsecondary educationparticularly among traditionally underserved students. These students include 18- to 24-year-olds and adult students who face barriers to an education by virtue of their income, preparation or family background. We award grants and develop programs that fall into one of the following categories:
From time to time, Lumina Foundation identifies and initiates a special program that has the potential to improve postsecondary access and success. We generally solicit participation in these efforts, rather than accepting unsolicited proposals. Currently, the Foundation's three major initiatives are:
Q2: How much money will the Foundation grant annually?
With assets at $1.4 billion, the Foundation's payout is approximately $50 million per year.
Q3: How does the Foundation solicit grant applications?
We will seek out potential grantees whose projects and expertise can help us carry out our mission, and we also consider high-quality, relevant proposals that are submitted to us. Our mission focuses on promoting access, attainment and adult learning at the national level. Get more information about our application procedures.
Q4: What is the median grant amount from the Foundation?
The median size of a typical grant is approximately $250,000.
Q5: Where can I send my letter of inquiry?
Your first step in seeking a grant is to write us a preliminary, three-to-five page letter of inquiry. The letter should describe your organization, its mission and the project you have in mind. It should tell us how much support you will need from us and the timeframe required to complete the project. Inquiries should be directed in writing to:
Program Office "New Inquiry"
Lumina Foundation for Education
P.O. Box 1806, Indianapolis, IN 46206-1806.
If your inquiry fits with our funding priorities, we will request additional information about the project. At that time, we will provide you with a grant application packet. Get more information about our application procedures.
Q6: Does the Foundation give scholarships to individual
students or institutional scholarship funds?
The Foundation's grant making does not focus on the singular needs of individuals or individual postsecondary institutions. Rather, we fund research or programs that can assist a broad spectrum of students and institutions, either because of the program's scope or innovation.
Q7: Does the Foundation provide any grants to Indiana
civic or community organizations?
We focus on broad efforts nationwide to help many institutions improve their success with historically underserved students. As an Indiana-based foundation, Lumina Foundation sets aside 10 percent of its grant money each year to fund projects specific to its home state and especially to Indianapolis. However, the focus of our Indiana grants remains on education beyond high school.
Q8: How was Lumina Foundation created?
The Lumina Foundation is an education conversion foundation. It evolved from a modest corporate-giving program under the auspices of USA Group into a significant private foundation on July 31, 2000, when USA Group sold its assets in guarantee servicing, student loan servicing and secondary market operations. The proceeds of that sale endowed the USA Group Foundationnow called Lumina Foundation for Educationand it became an independent, private foundation.
Learn more about the history of Lumina Foundation. From the Ground Up: An Early History of Lumina Foundation PDF
Q9: Does the Foundation accept inquiries at any time?
Yes. The Foundation generally makes grants only through September each year, but accepts inquiries for review year-round.
Q10: Does the Foundation fund programs at individual colleges?
Generally, no. The Foundation funds very few institution-specific grants unless they are exceptionally innovative or tied to one of our initiatives.