Indianapolis—Lumina Foundation for Education announced today the formation of the Investment Strategy Group. The group will serve in an advisory role to Lumina, helping to influence and shape the thinking of the Foundation on investment issues.

The committee, which met for the first time this week in New York, includes:

  • Dr. Allan Bufferd, Treasurer Emeritus, MIT
  • Rian Dartnell, Chief Investment Officer, Granite Associates
  • Stephen McMenamin, Executive Director, The Greenwich Roundtable, Inc.

Lumina staff members David Maas, Eileen Scott, Brian Rogers, Heather Cardenas Moss, and Apra Arnold will also participate with the group’s planning.

“These individuals each have unique expertise that will guide the Foundation as we think through challenging investment issues,” said David Maas, Lumina’s Senior Vice President and Chief Financial Officer. “Working with this group, Lumina will strategically position our investment portfolio to align with and advance the Foundation’s goal to increase the percentage of American’s with high quality credentials and degrees to 60 percent by 2025.”

The Investment Strategy Group plans to meet biannually to discuss cutting edge thinking on investment issues, strategy and best practices.

About Lumina Foundation

Lumina Foundation for Education is committed to enrolling and graduating more students from college — especially low-income students, students of color, first-generation students and adult learners. Our goal is to increase the percentage of Americans who hold high-quality degrees and credentials to 60 percent by 2025. Lumina pursues this goal in three ways: by identifying and supporting effective practice, through public policy advocacy, and by using our communications and convening power to build public will for change.

For more information, contact Dianna L. Boyce, Communication Associate, Lumina Foundation for Education, at 317.951.5116.

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