2018 Form 990PF | 98 Pages
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Return of Private Foundation OMB No. 1545-0052 Form 990-PF or Section 4947(a)(1) Trust Treated as Private Foundation 2018 Department of the Treasury a Do not enter social security numbers on this form as it may be made public. Internal Revenue Service a Go to www.irs.gov/Form990PF for instructions and the latest information. Open to Public Inspection For calendar year 2018 or tax year beginning , 2018, 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 a INDIANAPOLIS, IN 46204 G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here . a Final return Amended return 2. Foreign organizations meeting the 85% test, Address change Name change check here and attach computation ..a 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 ....a 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 . a line 16) a $ 1,202,918,515 (Part I, column (d) must be on cash basis.) Disbursements Part I Analysis of Revenue and Expenses (The total of (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) 2,088,817 2 Check a if the foundation is not required to attach Sch. B 3 Interest on savings and temporary cash investments 4 Dividends and interest from securities .... 10,720,493 21,949,068 5a Gross rents ............. b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 53,622,257 b Gross sales price for all assets on line 6a 479,593,394 7 Capital gain net income (from Part IV, line 2) . 56,011,357 Revenue 8 Net short-term capital gain ........ 9 Income modifications ......... 10a Gross sales less returns and allowances 0 b Less: Cost of goods sold . c Gross profit or (loss) (attach schedule) .... 11 Other income (attach schedule) ...... 39,565 16,549,740 12 Total. Add lines 1 through 11 ....... 66,471,132 94,510,165 13 Compensation of officers, directors, trustees, etc. 2,680,715 239,137 2,414,118 14 Other employee salaries and wages ..... 5,680,042 388,897 5,183,523 15 Pension plans, employee benefits ..... 2,397,293 204,339 2,415,509 16a Legal fees (attach schedule) ....... 410,055 128,598 164,897 b Accounting fees (attach schedule) ..... 180,718 8,635 116,503 c Other professional fees (attach schedule) . 5,767,662 3,474,400 1,721,198 17 Interest .............. 75,000 75,000 18 Taxes (attach schedule) (see instructions) . 917,228 1,963,982 0 19 Depreciation (attach schedule) and depletion . 375,781 601,321 20 Occupancy ............. 678,240 60,838 636,740 21 Travel, conferences, and meetings ..... 2,791,344 19,431 3,310,709 22 Printing and publications ........ 747,478 702,697 23 Other expenses (attach schedule) ..... 11,642,777 8,926,015 11,246,514 24 Total operating and administrative expenses. Add lines 13 through 23 ......... 34,344,333 16,015,593 0 27,987,408 25 Contributions, gifts, grants paid ...... 42,747,215 49,505,253 Operating and Administrative Expenses 26 Total expenses and disbursements. Add lines 24 and 25 77,091,548 16,015,593 77,492,661 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements (10,620,416) b Net investment income (if negative, enter -0-) . 78,494,572 c Adjusted net income (if negative, enter -0-) . For Paperwork Reduction Act Notice, see instructions. Cat. No. 11289X Form 990-PF (2018) Form 990-PF (2018) Page 2 Part II Balance Sheets Attached schedules and amounts in the description column Beginning of year End of year 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 ....... 17,765,145 27,291,682 3 Accounts receivable a 723,420 Less: allowance for doubtful accounts a 506,897 723,420 4 Pledges receivable a Less: allowance for doubtful accounts a 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) a 0 Less: allowance for doubtful accounts a 0 8 Inventories for sale or use✔ ............ 9 Prepaid expenses and deferred charges ....... 1,030,804 909,945 85,573,377 60,968,410 Assets 10a Investments—U.S. and state government obligations (attach schedule) b Investments—corporate stock (attach schedule) ..... 486,101,483 407,186,034 c Investments—corporate bonds (attach schedule) .... 46,825,837 54,932,651 11 Investments—land, buildings, and equipment: basis a 0 Less: accumulated depreciation (attach schedule) a 0 12 Investments—mortgage loans ........... 13 Investments—other (attach schedule) ........ 627,128,336 641,873,581 14 Land, buildings, and equipment: basis a 7,663,445 Less: accumulated depreciation (attach schedule) a 6,562,648 1,358,066 1,100,797 15 Other assets (describe a (SEE STATEMENT) ) 4,500,000 7,931,995 16 Total assets (to be completed by all filers—see the instructions. Also, see page 1, item I) ........ 1,270,789,945 1,202,918,515 17 Accounts payable and accrued expenses ....... 8,918,844 8,340,843 18 Grants payable ................ 26,236,106 19,649,084 19 Deferred revenue ............... 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) . Liabilities 22 Other liabilities (describe a ) 23 Total liabilities (add lines 17 through 22) ....... 35,154,950 27,989,927 Foundations that follow SFAS 117, check here ..a and complete lines 24 through 26, and lines 30 and 31. 24 Unrestricted ................. 1,235,634,995 1,174,928,588 25 Temporarily restricted ............. 26 Permanently restricted ............. Foundations that do not follow SFAS 117, check here a 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 (10,620,416) 3 Other increases not included in line 2 (itemize) a (SEE STATEMENT) 3 208,280,427 4 Add lines 1, 2, and 3 ........................... 4 1,433,295,006 5 Decreases not included in line 2 (itemize) a (SEE STATEMENT) 5 258,366,418 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 (2018) Form 990-PF (2018) Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (for example, real estate, (b) How acquired (c) Date acquired (d) Date sold P—Purchase 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D—Donation (mo., day, yr.) (mo., day, yr.) 1a K-1 GAINS PURCHASE b TOTAL PUBLICLY TRADED SECURITIES 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 59,158,341 59,158,341 b 3,146,984 (3,146,984) 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) FMV as of 12/31/69 as of 12/31/69 over col. (j), if any Losses (from col. (h)) a 0 b c d e 2 Capital gain net income or (net capital loss) If gain, also enter in Part I, line 7 { If (loss), enter -0- in Part I, line 7 } 2 56,011,357 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.