Topic: Lumina Foundation

3 chapters across the catalog

Lowjistiks
Episode 703 2:19:39 - 2:23:32

703: Lowjistiks

Lumina Foundation, College Graduation Goals

The Lumina Foundation is identified as a major private organization committed to increasing the percentage of Americans with college degrees to 60% by 2025. Their promotional materials claim a shortage of 16 million graduates in the U.S. economy. The hosts analyze the foundation's mission as a push to scale up "innovations" in public universities.

Lowjistiks
Episode 703 2:23:33 - 2:27:36

703: Lowjistiks

Lumina Foundation Financials, Executive Compensation

An analysis of the Lumina Foundation's Form 990 reveals it is a billion-dollar investment vehicle funded by corporate stocks and bonds. The foundation's executives receive high salaries, with the CEO making $700,000 and some directors earning $15,000 per hour of reported work. The hosts characterize the organization as a "drinking club" for elites rather than a purely philanthropic endeavor.