Lumina Foundation is an independent, private foundation committed to increasing the proportion of Americans with high-quality degrees, certificates and other credentials to 60 percent by 2025. Lumina’s outcomes-based approach focuses on helping to design and build an accessible, responsive and accountable higher education system while fostering a national sense of urgency for action to achieve Goal 2025.
Based in Indianapolis, the Foundation employs roughly 55 staff members and has an endowment in excess of $1 billion.
Lumina Foundation is the nation’s largest private foundation focused solely on increasing Americans’ success in higher education.
With its partners, Lumina strives to meet workforce demands and close gaps in attainment for groups not historically well-served by higher education. Lumina’s overarching goal is to increase the higher education attainment rate of the United States to 60 percent by 2025.This will represent an increase of 23 million graduates above current levels of production. While their mission focuses on both student access and success in higher education, their emphasis is on attainment, defined as completing post-secondary certificates, associate and baccalaureate degrees and credentials.