Public Charity

Ball State University Foundation Inc

Based in Muncie, IN, Ball State University Foundation Inc operates as a Public Charity. The organization reported $30.2M in revenue, $37.7M in expenses, $438.8M in total assets for fiscal year 2025. Imperigo tracks 188 reported grant relationships connected to this organization totaling approximately $20.7M.

EIN: 356024566 Muncie, IN Latest filing: 2025
Total Revenue$30.2M
Total Expenses$37.7M
Total Assets$438.8M
Grant Records188
Funding Total$20.7M
Filing Years2021–2025

Mission

Our mission is to optimize sustainable support for Ball State University by obtaining, investing, and managing private gifts wisely while fulfilling our fiduciary responsibilities to Donors, the University, and designated beneficiaries. The Ball State University Foundation will continue to support the University's mission by maintaining its reputation as an institution of excellence while fostering a culture of philanthropy, service, volunteer leadership, and exemplary fiduciary responsibility.

Officers & Directors

VP OF FINANCE & TREASURER (End 02/25) Alan Finn
BOARD MEMBER Bente M Weitekamp
ASSISTANT SECRETARY Beth Alexander
BOARD MEMBER Betsy M Ross
SR DIRECTOR OF DEVELOPMENT Brenda Davis
BOARD MEMBER Brian J Haynes

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$3,589,185 25 grants
GENERAL SUPPORT
$3,284,610 22 grants
For grant recipient's exempt purposes
$3,245,258 9 grants
SEE PART IV
$1,682,742 2 grants
EDUCATIONAL
$1,173,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $30.2M $37.7M $438.8M
2024 $66.9M $30.2M $413.6M
2023 $20.0M $24.9M $343.4M
2022 $39.1M $25.6M $327.6M
2021 $35.5M $24.6M $330.4M

Between 2021 and 2025, reported annual revenue declined from $35.5M to $30.2M (-15%), with total assets most recently reported at $438.8M.

Interactive year-over-year charts and full filing details available with membership.

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