Ball State University Foundation Inc

Muncie, IN, 47304 (765) 285-8312 Est. 1950 EIN 35-6024566
B110 - Education 990 - Public charity return 501(c)(3)
www.bsu.edu/bsufoundation

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.

Giving Portfolio

Total Grants
12
Total Giving
$100.1M
Recipients
6
Years Active
2017 - 2024
Avg grant: $8,337,932 Median: $7,817,504

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20242$25.9M $13.0M01
20222$14.2M $7.1M01
20212$15.8M $7.9M01
20202$16.2M $8.1M01
20192$12.5M $6.2M01
20172$15.4M $7.7M10

Top States

Indiana
12

Top Grantees

BALL STATE UNIVERSITY
IN - 5 grants
$54.4M
Ball State University
IN - 7 grants
$45.6M

Financials

Total Revenue
$30,232,984
Total Expenses
$37,729,015
Net Assets
$422,790,185
98 employees 39 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 54.8%
Expenses ↑ 24.7%
Revenue Sources
Contributions 89.4% Investment 10.6%
Expense Breakdown
Program 73.5% Management 14.7% Fundraising 11.8%

Officers & Trustees (48)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$30,232,984 ↑$37,729,015$422,790,185
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$20,014,598 ↓$24,909,610$325,789,885
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$39,102,530 ↑$25,599,448$308,312,192
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$35,478,867 ↑$24,559,056$313,184,408
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$25,627,270 ↑$21,926,252$238,446,504
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$24,637,040 $26,740,003$225,998,761

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EIN: 35-6024566 · Source: IRS Form 990 e-file data