At the same time, we work to ensure that degrees and other education credentials reflect the learning necessary for workplace success and informed citizenship. A $500,000 educational equity grant by Indianapolis-based Lumina Foundation will help the Commonwealth of Virginia increase educational achievement for students of color by 5 percentage points over the next four years. Here are the five innovative groups awarded 2020 sector grants and the ways they’ll make progress over the coming year: In short, we seek to ensure that our systems of education beyond high school produce fair and just outcomes for people of color. The Indianapolis-based Lumina Foundation has announced a three-year, $15 million commitment in support of efforts to eradicate systemic racism.. As a recently named Lumina Foundation Talent, Innovation, and Equity (TIE) partner state, The Board of Higher Education adopted the following goals on May 5, 2020 in furtherance of the Equity Agenda. Among the grants were $1 million to support the Race and Equity Center at the University of Southern California; funding for American Public Media’s podcasts exploring racial issues on campuses; and 19 one-time grants—ranging from $25,000 to $50,000 - to colleges and universities working to improve conditions for students of color. To raise finance it is vital that the MBO team has the relevant experience and commitment to succeed. GREENFIELD — Greenfield Community College is one of six public and community colleges to benefit from a $1.2 million grant that the Lumina Foundation presented to … Their approach embodies Lumina’s commitment to consider issues of equity first as we consider redesigning postsecondary education systems to advance racial justice and equity,” said Lumina Foundation Strategy Director Terri Taylor. Lumina and CUE collaborated last year when members of CUE conducted a training session for the foundation, solidifying their common commitment for equity. All of us together, have an opportunity to ignite a movement that will knock down unjust barriers to work.In partnership, we can provide more people with equitable access to work. Lumina Foundation, in partnership with Rockefeller Philanthropy Advisors, is pleased to release this RFP for grants that are designed to support postsecondary institutions that are implementing significant work to advance equity on campus and in the broader community. The recent violent deaths of several Black Americans, some at the hands of the police, have reinvigorated Lumina’s attention to projects that will advance racial justice and equity. I am president emeritus of Missouri State University. That fund supported cross-racial dialogues on college campuses. We must: Prioritize real change in policy and systems that address the origins of inequality and inequity. All Rights Reserved, This is a BETA experience. Who We Are Lumina Foundation is an independent, private foundation in Indianapolis that is committed to making opportunities for learning beyond high school available to all. The foundation also awarded grants in the Indianapolis area, Lumina’s home community. Metadata Show full item record. Here are the five innovative groups awarded 2020 sector grants and the ways they’ll make progress over the coming year: The dollars will help statewide and will also go to six institutions. RFP Application Forms. The shareholder wanted to realise some of the cash through a partial sale but wanted to have control of … We envision a system that is easy to navigate, delivers fair results, and meets the nation’s … Plan. Connecting more people to work “I believe everyone deserves the right to meaningful work. We envision a system that is easy to navigate, delivers fair results, and meets the nation’s … "At Lumina, we view Virginia's commitment to addressing racial disparities as an important step in the governor's pledge to focus the remainder of his term on addressing long-standing injustices." Just before the COVID-19 outbreak, Lumina Foundation awarded grants to five organizations dedicated to advancing racial equity across the philanthropic sector. This is a reaffirmation of that commitment. The funding is from Lumina Foundation’s Talent, Innovation, Equity initiative grant and its Equity Institution grant. 2016.“Measuring the Redistributive Impact of … This allocation of funds reflects the foundation’s commitment to achieve racial equity and eliminate systemic racism across the country. Equity Commitment Note - ECN: A type of mandatory convertible bond issued by a bank or other lending institution that qualifies as regulated capital. Now, as the pandemic worsens, these efforts become even more urgent. Lumina Foundation. 2.Create an equity lens framework for higher education leaders to better understand, identify, and address systemic equity issues as they establish priorities, set goals, revise System policies, and After earning my B.A. In 2005, I was appointed president of Missouri State University. The dollars will help statewide and will also go to six institutions. Aiming for Equity: A Guide to Statewide Attainment Goals for Racial Equity Advocates By Tiffany Jones and Katie Berger Tiffany Jones, Ph.D., is the director of higher education policy and Katie Berger is a senior policy analyst for higher education at The Education Trust. Lumina provides fire safety services in Hong Kong. Commitment to Equity Para poder ver esta información en español, por favor diríjase a la parte superior de esta página y seleccione la opción "Español" debajo de la opción "Elija un idioma." Virginia is focusing on students who have traditionally been left behind, as it works toward its goal of being the best-educated state by 2030. All of us together, have an opportunity to ignite a movement that will knock down unjust barriers to work.In partnership, we can provide more people with equitable access to work. Following retirement from Missouri State in 2011, I became senior policy advisor to Missouri Governor Jay Nixon. In its eighth iteration, the Lumina Gold team is set to do it again in Ecuador, where they have discovered and de-risked a 10.4-million-ounce gold deposit. ~ Fourth state to receive Lumina’s Talent, Innovation, and Equity Partnership Grant ~ NORFOLK—A $500,000 educational equity grant by Indianapolis-based Lumina Foundation will help the Commonwealth of Virginia increase educational achievement for students of … Sale of owner managed Doctors’ practice to a regional healthcare provider backed by private equity and subsequent joint venture funding commitment for IVF centres. The fund was created last year in response to racially motivated violence in Charlottesville on the campus of the University of Virginia. District 65 is committed to improving educational outcomes for all children by eliminating racial predictability and inequalities in achievement. With this strategy, the Lumina team, through seven different entities, has raised a combined $274 million in equity since the early 2000s and generated $1.6 billion in value through asset sales. Opinions expressed by Forbes Contributors are their own. Aiming for Equity: A Guide to Statewide Attainment Goals for Racial Equity Advocates By Tiffany Jones and Katie Berger Tiffany Jones, Ph.D., is the director of higher education policy and Katie Berger is a senior policy analyst for higher education at The Education Trust. I then joined the faculty at the University of Kentucky, where I progressed through the professorial ranks and served as director of the Clinical Psychology Program, chair of the department of psychology, dean of the graduate school, and provost. As Danette Howard, Lumina’s senior vice president and chief strategy officer, told me, “We’ve been very deliberate to convey this is not simply a reaction to events that have taken place over the last several months. As Lumina Foundation works to increase the nation’s education attainment rates, we embrace a dual commitment – to racial equity and to quality credentials. A parallel document articulates our commitment to quality credentials. In depth view into Lumina Gold Debt to Equity Ratio including historical data from 1996, charts, stats and industry comps. “Lumina Foundation is thrilled to support efforts to improve outcomes for Black, Hispanic and Native American learners in Massachusetts,” said Lumina Senior Vice President and Chief Strategy Officer Danette Howard, PhD. We want to do more than make a simple statement denouncing racism. This document articulates our commitment to racial equity in detail. WORKING PAPER 59 Enami, Ali. One grant of $500,000 has already been awarded, in partnership with Eli Lilly & Co.’s corporate foundation, to create the Central Indiana Racial Equity Fund. Date 2020-01-01. To pursue its mission with integrity, Lumina must exhibit the change it desires. Lumina Foundation will invest $15 million over the next three years from its Fund for Racial Justice and Equity. The details of the new fund are still being developed. ... by 2020) and Lumina Foundation (60 percent of 25-64-year-olds by 2025) goals. Plan. To raise finance it is vital that the MBO team has the relevant experience and commitment to succeed. GREENFIELD — Greenfield Community College is one of six public and community colleges to benefit from a $1.2 million grant that the Lumina Foundation presented to … from Wheaton College (Illinois), I was awarded a Ph.D. in clinical psychology from the University of Illinois in 1973. Abstract. The Lumina Foundation’s new three-year, $15 million Fund for Racial Justice and Equity follows a $1 million fund the foundation started after white supremacists held a rally in Charlottesville, Va., in 2017. In its announcement, Lumina said it would “prioritize projects carried out by those whose races and ethnicities reflect the areas they propose to serve.”. “We have been impressed and energized by the commitment to racial equity demonstrated at all levels of the Commonwealth. The shareholder wanted to realise some of the cash through a partial sale but wanted to have control of … from Wheaton College (Illinois), I was awarded a Ph.D. in clinical psychology from the. Grants will be awarded during a three-year period related to themes that are still being developed by the foundation. Virginia is focusing on students who have traditionally been left behind, as it works toward its goal of being the best-educated state by 2030. Certainly our thinking was spurred by the death of George Floyd, but we have been committed to issues of racial justice and equity for many years. Some money will be targeted for higher education institutions with centers and institutes that focus on issues of race and racial justice, Howard said. Private equity funds and other finance providers typically place considerable emphasis on the quality of the management team and the potential for them to deliver on a business plan. “We have been impressed and energized by the commitment to racial equity demonstrated at all levels of the Commonwealth. It has invited the public to make suggestions about how to advance its work toward racial justice and a more fair society. " Lumina Foundation's work has long been driven by our 'equity imperative,' a focus on justice for Black, Hispanic, and Native American students that we build into all of our efforts to increase the nation's educational attainment," said Timothy P. Robinson, assistant vice president, operations, and grants administration at Lumina. Table 1 illustrates Lumina Foundation believes recovery begins with serving today's students and workers through a steadfast commitment to quality and racial equity. “This project speaks directly to Lumina Foundation’s priority to scale affordable pathways through completion and its commitment to placing equity at the heart of its work,” says Katherine Wheatle, Ph.D., strategy officer for finance and federal policy at Lumina Foundation. Lumina calls these communities "talent hubs" for their commitment to reducing gaps in educational outcomes and promoting equity. A $500,000 educational equity grant by Indianapolis-based Lumina Foundation will help the Commonwealth of Virginia increase educational achievement for students of color by 5 percentage points over the next four years. I am president emeritus of Missouri State University. Lumina Foundation awards $500,000 grant to Virginia to close gaps in educational attainment Fourth state committed to fair educational outcomes receives Lumina's Talent, Innovation, Equity support Most grants will provide at least $250,000 in support. Lumina’s Quality Credentials Task Force, consisting of 22 education, policy and workforce leaders, met three times over the course of a year to develop and define a clearer definition of quality credentials. Sale of owner managed Doctors’ practice to a regional healthcare provider backed by private equity and subsequent joint venture funding commitment for IVF centres. CUE is now working with Lumina to support state policymakers in their efforts to embed equity into … Now, as the pandemic worsens, these efforts become even more urgent. Washington, DC—The Association of American Colleges and Universities (AAC&U) announced today that it has received $1,725,000 from Lumina Foundation to support the creation of the VALUE Institute, which enables postsecondary institutions to leverage learning outcomes evidence to improve student success and ensure quality and equity in student learning. An RFP process is not going to be used to select recipients. Additional money is likely to go toward nonpartisan efforts to increase voting and other forms of social engagement and projects to improve news coverage of racial justice and equity issues. Lumina’s Commitment. Lumina is still working out details of further funding from its $15 million fund. With this strategy, the Lumina team, through seven different entities, has raised a combined $274 million in equity since the early 2000s and generated $1.6 billion in value through asset sales. CUE is now working with Lumina to support state policymakers in their efforts to embed equity into … © 2020 Forbes Media LLC. "As leaders, we have the responsibility to address the systemic racism that holds people back," said Gov. Introduction A college education has never been more important. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice, one-time grants—ranging from $25,000 to $50,000. The funding is from Lumina Foundation’s Talent, Innovation, Equity initiative grant and its Equity Institution grant. Lumina’s Quality Credentials Task Force, consisting of 22 education, policy and workforce leaders, met three times over the course of a year to develop and define a clearer definition of quality credentials. Also, funds will be awarded to Historically Black Colleges and Universities (HBCUs) and other minority-serving colleges. Lumina’s Commitment to Racial Justice and Equity. Lumina’s Commitment to Racial Equity. The initiative builds on Lumina’s previous efforts to promote racial equity, including grants of more than $2.5 million following the racially motivated violence at the “Unite the Right” rally in 2017 in Charlottesville, Virginia. Lumina and CUE collaborated last year when members of CUE conducted a training session for the foundation, solidifying their common commitment for equity. Many of those projects were concentrated on college campuses. Who We Are Lumina Foundation is an independent, private foundation in Indianapolis that is committed to making opportunities for learning beyond high school available to all. Private equity funds and other finance providers typically place considerable emphasis on the quality of the management team and the potential for them to deliver on a business plan. Lumina Foundation believes recovery begins with serving today's students and workers through a steadfast commitment to quality and racial equity. “It was a bit of an experiment,” said Dr. Debra Humphreys, vice president of strategic impact at Lumina. Washington, DC—The Association of American Colleges and Universities (AAC&U) announced today that it has received $1,725,000 from Lumina Foundation to support the creation of the VALUE Institute, which enables postsecondary institutions to leverage learning outcomes evidence to improve student success and ensure quality and equity in student learning. •Spend more time on culture—especially during the rollout phase of any equity effort. 1.Establish a diversity, equity, and inclusion workgroup to cultivate collaboration and coordination among the Board and System leadership. Northam. I am a former university president who writes about higher education. With assistance from Rockefeller Philanthropy Advisors, Lumina selected the projects from 312 grant applications from all types of institutions, including two- and four-year, public and private, large and small, and minority-serving schools. Download proposal budget form .xlsx. Commitment to Equity •Strategies alone do not close equity gaps, attention to equity culture is essential. From a pool of 312 nationwide applicants, Rutgers University–Newark was one of 19 college and universities selected to receive funding from Lumina’s Fund for Racial Justice and Equity. “It was a bit of an experiment,” said Dr. Debra Humphreys, vice president of strategic impact at Lumina. View/ Open. The Lumina Foundation has announced that it will invest $15 million over the next three years from its Fund for Racial Justice and Equity. In short, we seek to ensure that our systems of education beyond high school produce fair and just outcomes for people of color. Their approach embodies Lumina’s commitment to consider issues of equity first as we consider redesigning postsecondary education systems to advance racial justice and equity,” said Lumina Foundation Strategy Director Terri Taylor. OVERVIEW: Lumina Foundation’s “Goal 2025” program seeks to significantly increase the number of Americans with higher degrees by the stated year.A signature focus of the foundation is competency-based education, which moves from the credit-hour system to focus instead on programs that help students master job skills, or "competencies." Commitment to Equity Handbook: Estimating the Impact of Fiscal Policy on Inequality and Poverty, edited by Nora Lustig (Brookings Institution Press and CEQ Institute, Tulane University). Introduction A college education has never been more important. “In developing this project, we wholeheartedly agree with Lumina’s commitment to equity and how the current higher education system must be redesigned to give all Americans – regardless of race, income and other socioeconomic factors – a fair shot at success,” said CSCU Provost Jane Gates. Author. “In developing this project, we wholeheartedly agree with Lumina’s commitment to equity and how the current higher education system must be redesigned to give all Americans – regardless of race, income and other socioeconomic factors – a fair shot at success,” said CSCU Provost Jane Gates. After earning my B.A. Danette Howard, Vice President and Chief Strategy Officer for the Lumina Foundation. At Lumina, we’re committed to racial equity as part of our drive to increase education and training beyond high school. Lumina has applied for the listing of, and permission to deal in, 600,000,000 shares in issue; and About the Lumina Fund for Racial Justice and Equity. " Lumina Foundation's work has long been driven by our 'equity imperative,' a focus on justice for Black, Hispanic, and Native American students that we build into all of our efforts to increase the nation's educational attainment," said Timothy P. Robinson, assistant vice president, operations, and grants administration at Lumina. In its eighth iteration, the Lumina Gold team is set to do it again in Ecuador, where they have discovered and de-risked a 10.4-million-ounce gold deposit. Lumina will select promising partners based on their track records on racial justice. EquityHigEducation.pdf (73.24Kb) Downloads: 2. “This project speaks directly to Lumina Foundation’s priority to scale affordable pathways through completion and its commitment to placing equity at the heart of its work,” says Katherine Wheatle, Ph.D., strategy officer for finance and federal policy at Lumina Foundation. “Lumina Foundation is thrilled to support efforts to improve outcomes for Black, Hispanic and Native American learners in Massachusetts,” said Lumina Senior Vice President and Chief Strategy Officer Danette Howard, PhD. • Elimination of widening postsecondary attainment gaps for Native American, African American and Latino From a pool of 312 nationwide applicants, Rutgers University–Newark was one of 19 college and universities selected to receive funding from Lumina’s Fund for Racial Justice and Equity. Recently, I have authored two books: Degrees and Pedigrees: The Education of America's Top Executives (2017) and Coming to Grips With Higher Education (2018), both published by Rowman & Littlefield. Connecting more people to work “I believe everyone deserves the right to meaningful work. This fund is a manifestation of how we can be thoughtful and responsive and encourage others to put more resources toward ensuring racial justice issues.”, The $15 million fund will support work within Indiana (about 25% of the total) as well as national social justice efforts and organizations, which will receive the remainder. As Lumina Foundation works to increase the nation’s education attainment rates, we embrace a dual commitment – to racial equity and to quality credentials. For the purposes of this paper, equity is defined as a commitment to policies and practices that ensure the success of every student regardless of their starting point in life.
2020 lumina commitment to equity