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Richard Cornuelle, the Indianapolis libertarian activist who started United Student Aid Funds (USAF), had a fight on his hands. His organization, whose downfall led ultimately to the creation of today's college-access giant known as the Lumina Foundation, was created with the goal of competing...
Richard Cornuelle, the Indianapolis libertarian activist who started United Student Aid Funds (USAF), had a fight on his hands. His organization, whose downfall led ultimately to the creation of today's college-access giant known as the Lumina Foundation, was created with the goal of competing...
 
Major donors like the Bill and Melinda Gates Foundation and the Lumina Foundation dominate higher education philanthropy today. Most are aware of the Gates Foundation's roots in Bill's vast wealth, but the story of how Lumina came to be is more complicated.
Major donors like the Bill and Melinda Gates Foundation and the Lumina Foundation dominate higher education philanthropy today. Most are aware of the Gates Foundation's roots in Bill's vast wealth, but the story of how Lumina came to be is more complicated.
 
In the six years I've been at the Pope Center, I've seen a number of new higher education reform organizations emerge. I view the growing numbers of allies as a sign that higher education reform is an idea whose time has come.
In the six years I've been at the Pope Center, I've seen a number of new higher education reform organizations emerge. I view the growing numbers of allies as a sign that higher education reform is an idea whose time has come.
 
Philanthropic foundations usually do not bear the costs when the ideas they promote turn out to be wrong. Unlike business capital, which can be lost when executives back bad products, foundations lose nothing when their executives back bad ideas.
Philanthropic foundations usually do not bear the costs when the ideas they promote turn out to be wrong. Unlike business capital, which can be lost when executives back bad products, foundations lose nothing when their executives back bad ideas.
 
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