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2016 Form 990-PF

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2016 Form 990-PF OMB No. 1545-0052 Form Return of Private Foundation 990-PF or Section 4947(a)(1) Trust Treated as Private Foundation Department of the Treasury ▶ Do not enter social security numbers on this form as it may be made public. 2016 Internal Revenue Service ▶ Information about Form 990-PF and its separate instructions is at www.irs.gov/form990pf. Open to Public Inspection For calendar year 2016 or tax year beginning , 2016, and ending , 20 Name of foundation A Employer identification number LUMINA FOUNDATION FOR EDUCATION, INC. 35-1813228 Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) 30 S MERIDIAN ST SUITE 700 (317) 951-5300 City or town, state or province, country, and ZIP or foreign postal code C If exemption application is pending, check here ▶ INDIANAPOLIS, IN 46204 G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here . ▶ Final return Amended return 2. Foreign organizations meeting the 85% test, Address change Name change check here and attach computation .. ▶ H Check type of organization: ✔ Section 501(c)(3) exempt private foundation E If private foundation status was terminated under section 507(b)(1)(A), check here . ▶ Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation I Fair market value of all assets at J Accounting method: Cash Accrual F If the foundation is in a 60-month termination end of year (from Part II, col. (c), Other (specify) under section 507(b)(1)(B), check here . ▶ line 16) ▶ $ 1,200,746,667 (Part I, column (d) must be on cash basis.) Disbursements Part I Analysis of Revenue and Expenses (a) Revenue and (d) expenses per (b) Net investment (c) Adjusted net for charitable amounts in columns (b), (c), and (d) may not necessarily equal income income purposes the amounts in column (a) (see instructions).) books (cash basis only) 1 Contributions, gifts, grants, etc., received (attach schedule) 2 Check ▶ if the foundation is not required to attach Sch. B 3 Interest on savings and temporary cash investments 4 Dividends and interest from securities . 11,954,563 16,394,898 5a Gross rents . b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 2,682,675 b Gross sales price for all assets on line 6a 455,334,049 7 Capital gain net income (from Part IV, line 2) . 0 Revenue 8 Net short-term capital gain . 9 Income modifications . 10a Gross sales less returns and allowances b Less: Cost of goods sold . c Gross profit or (loss) (attach schedule) . 11 Other income (attach schedule) . 17,670 4,747,410 12 Total. Add lines 1 through 11 . 14,654,908 21,142,308 13 Compensation of officers, directors, trustees, etc. 2,595,891 262,364 2,248,884 14 Other employee salaries and wages . 5,937,142 444,866 5,393,474 15 Pension plans, employee benefits . 2,387,269 37,130 2,544,139 16a Legal fees (attach schedule) . 409,496 68,208 369,857 b Accounting fees (attach schedule) . 132,150 22,195 118,805 c Other professional fees (attach schedule) . 5,074,807 3,801,445 819,774 17 Interest . 74,685 89,484 18 Taxes (attach schedule) (see instructions) . 1,471,893 438,018 0 19 Depreciation (attach schedule) and depletion . 254,930 1,015,694 20 Occupancy . 699,090 62,708 586,158 21 Travel, conferences, and meetings . 2,257,755 20,591 2,559,575 22 Printing and publications . 436,919 305 497,518 23 Other expenses (attach schedule) . 14,007,849 10,631,648 14,131,020 24 Total operating and administrative expenses. Add lines 13 through 23 . 35,739,876 16,805,172 29,358,688 25 Contributions, gifts, grants paid . 46,900,205 44,246,808 Operating and Administrative Expenses 26 Total expenses and disbursements. Add lines 24 and 25 82,640,081 73,605,496 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements (67,985,173) b Net investment income (if negative, enter -0-) . 4,337,136 c Adjusted net income (if negative, enter -0-) . For Paperwork Reduction Act Notice, see instructions. Cat. No. 11289X Form 990-PF (2016) Form 990-PF (2016) Page 2 Attached schedules and amounts in the description column Beginning of year End of year Part II Balance Sheets should be for end-of-year amounts only. (See instructions.) (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash—non-interest-bearing . 2 Savings and temporary cash investments . 18,716,767 25,374,603 3 Accounts receivable ▶ 582,127 Less: allowance for doubtful accounts 550,615 582,127 4 Pledges receivable Less: allowance for doubtful accounts 0 5 Grants receivable . 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions) . 7 Other notes and loans receivable (attach schedule) 0 Less: allowance for doubtful accounts 0 8 Inventories for sale or use✔ . 9 Prepaid expenses and deferred charges . 2,248,617 1,856,798 Assets 10a Investments—U.S. and state government obligations (attach schedule) 21,883,344 24,032,002 b Investments—corporate stock (attach schedule) . 361,531,006 375,420,204 c Investments—corporate bonds (attach schedule) . 47,235,039 43,286,869 11 Investments—land, buildings, and equipment: basis 0 Less: accumulated depreciation (attach schedule) 0 12 Investments—mortgage loans . 13 Investments—other (attach schedule) . 740,214,400 726,774,495 14 Land, buildings, and equipment: basis 7,193,724 Less: accumulated depreciation (attach schedule) 5,774,155 938,573 1,419,569 15 Other assets (describe ▶ (SEE STATEMENT) ) 2,000,000 16 Total assets (to be completed by all filers—see the instructions. Also, see page 1, item I) . 1,193,318,361 1,200,746,667 17 Accounts payable and accrued expenses . 7,824,954 7,716,316 18 Grants payable . 12,066,132 15,570,850 19 Deferred revenue . 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) . 15,000,000 Liabilities 22 Other liabilities (describe ▶ ) 23 Total liabilities (add lines 17 through 22) . 34,891,086 23,287,166 Foundations that follow SFAS 117, check here .. ▶ and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted . 1,158,427,275 1,177,459,501 25 Temporarily restricted . 26 Permanently restricted . Foundations that do not follow SFAS 117, check here ▶ and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds . 28 Paid-in or capital surplus, or land, bldg., and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances (see instructions) . 31 Total liabilities and net assets/fund balances (see Net Assets or Fund Balances instructions) . Part III Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) . 1 2 Enter amount from Part I, line 27a . 2 (67,985,173) 3 Other increases not included in line 2 (itemize) ▶ (SEE STATEMENT) 3 87,017,399 4 Add lines 1, 2, and 3 . 4 5 Decreases not included in line 2 (itemize) ▶ 5 6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 . 6 Form 990-PF (2016) Form 990-PF (2016) Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (e.g., real estate, (b) How acquired (c) Date acquired (d) Date sold 2-story brick warehouse; or common stock, 200 shs. MLC Co.) P—Purchase (mo., day, yr.) (mo., day, yr.) D—Donation 1a CAPITAL GAINS AND LOSSES FOR TAX ON INVESTMENT INCOME FROM PASS THROUGH (SEE STATEMENT FOR DETAIL) PURCHASE b c d e (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sales price (or allowable) plus expense of sale (e) plus (f) minus (g) a 4,303,059 (4,303,059) b c d ✔ e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus (j) Adjusted basis (k) Excess of col. (i) col. (k), but not less than -0-) or (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (j), if any Losses (from col. (h)) a 0 0 b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) { If (loss), enter -0- in Part I, line 7 } 2 (4,303,059) 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6): If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . } 3 Part V Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.) If section 4940(d)(2) applies, leave this part blank. Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
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