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Ball State University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 356024566 ✦ Muncie, IN ✦ Designated as a 501(c)(3)

Overview

What is Ball State University Foundation Inc?

Ball State University Foundation Inc is a nonprofit organization based in Muncie, Indiana. Their primary mission is to secure and manage funds for Ball State University to help students achieve their educational goals through scholarships and financial aid. With a team of 114 employees, they fulfill their fiduciary obligations with integrity and excellence, ensuring sustainable support for the university and its stakeholders. Their work includes obtaining, investing, and administering private gift support, promoting a culture of philanthropy, and maintaining exemplary fiscal responsibility.


Official website here: www.bsu.edu/bsufoundation

Is Ball State University Foundation Inc legitimate?

Ball State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ball State University Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $520,291
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,312,982

For more financial information, click here


Official website here: www.bsu.edu/bsufoundation

What is the mission statement of Ball State University Foundation Inc?

The Ball State University Foundation Inc is committed to maximizing sustainable support for Ball State University. It achieves this by obtaining, investing, and administering private gift contributions. The foundation takes its fiduciary obligations seriously, ensuring prudent management of funds on behalf of the university, donors, and designated beneficiaries. The Ball State University Foundation aims to be a foundation of excellence, promoting and facilitating a culture of philanthropy, service, volunteer leadership, and exemplary fiduciary responsibility. By doing so, it supports the ongoing development of Ball State University.


Official website here: www.bsu.edu/bsufoundation

Who is the CEO of Ball State University Foundation Inc?

Jean Kramer Crosby is the President of Ball State University Foundation Inc.


Official website here: www.bsu.edu/bsufoundation

What is the revenue of Ball State University Foundation Inc?

Ball State University Foundation Inc's revenue in 2022 was $39,102,530.


Official website here: www.bsu.edu/bsufoundation

Who are the executives of Ball State University Foundation Inc and what are their salaries?

The average compensation at Ball State University Foundation Inc during 2022 was $42,397. There are 114 employees and 27 volunteers at Ball State University Foundation Inc.

Here are 39 key members and their salaries:

    Geoffrey Mearns (Ex-Officio Vice Chair & Pres.) [Trustee/Director]
  • Compensation: $0
  • Related: $490,682
  • Other: $55,302

    • Alan Finn (Vp Of Finance And Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $276,933
  • Other: $24,360

    • Jean Kramer Crosby (President) [Trustee/Director]
  • Compensation: $252,498
  • Related: $0
  • Other: $30,258

    • David Mark Helmus (Chief Advancement Officer)
  • Compensation: $210,084
  • Related: $0
  • Other: $27,473

    • Donald Ray Allen (Vice President Of Development)
  • Compensation: $179,323
  • Related: $0
  • Other: $17,299

    • Stephen Wachtmann (Avp Of Finance And Treasurer)
  • Compensation: $145,467
  • Related: $0
  • Other: $26,191

    • James Acton (President Of Alumni Assoc.)
  • Compensation: $144,314
  • Related: $0
  • Other: $13,475

    • Carmella Hise (Avp For Development)
  • Compensation: $133,139
  • Related: $0
  • Other: $13,095

    • Lola Mauer (Avp For Alumni Engagment)
  • Compensation: $124,321
  • Related: $0
  • Other: $14,394

    • Beth Alexander (Assistant Secretary)
  • Compensation: $58,149
  • Related: $0
  • Other: $7,728

    • Katherine A Arbuckle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince M Bertram (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth R Briner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas B Bryan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marsha J Casey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Renae Conley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Craig Dobbs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald D Dumoulin Ii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric J Foss (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie K Griffith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jo Ann M Gora (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jorge R Gutierrez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard J Hall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Heeter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheri L Kendall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill S Lacy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelli A Lawrence (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael D Mcdaniel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy D Phillips (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry D Riley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy M Ross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle A Ryan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel J Towriss (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James R Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle J Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marla K Templeton (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael C Ray (Chair Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick J Alderice (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall E Pond (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bsu.edu/bsufoundation

    Where can I find the form 990 for Ball State University Foundation Inc?

    The Ball State University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bsu.edu/bsufoundation

    Learn more at the official website: www.bsu.edu/bsufoundation

    Mission Statement of Ball State University Foundation Inc

    The Ball State University Foundation Inc is a dedicated organization with a mission to maximize sustainable support for Ball State University. It achieves this by acquiring, investing, and managing private gift contributions, while prudently fulfilling its fiduciary duties to the university, donors, and designated beneficiaries. In doing so, the Ball State University Foundation serves as a cornerstone for the continued growth and development of the university.

    Embracing a culture of philanthropy, service, volunteer leadership, and exemplary fiduciary responsibility, the Ball State University Foundation strives for excellence. Its primary objective is to facilitate the ongoing evolution of Ball State University by managing and allocating donated funds effectively and ethically. By fostering a strong connection between the university and its supporters, the Foundation plays a vital role in enhancing the educational experience for students and faculty alike. Additionally, it promotes a spirit of generosity and giving, encouraging both current and future generations to engage with the institution and contribute to its success.

    Impact

    This information is meant to be a general summary of Ball State University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ball State University Foundation Inc plays a crucial role in maximizing sustainable support for Ball State University. By obtaining, investing, and administering gift support, the foundation ensures that scholarships and financial aid are provided to students at Ball State University, enabling them to further their educational goals. Through its diligent management of private gift support and fiduciary responsibilities, the foundation contributes to the continuing development of the university. Additionally, the foundation promotes a culture of philanthropy, service, volunteer leadership, and exemplary fiduciary responsibility, making it a key entity in fostering educational excellence at Ball State University.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,770,407
  • Program Service Revenue: $0
  • Gross Receipts: $115,132,017

    • Assets and Liabilities:
  • Total Assets: $327,636,932
  • Total Liabilities: $19,324,740
  • Net Assets: $308,312,192
  • Organization Details

    Founding Year

    1950

    Principal Officer

    Jean Kramer Crosby

    Main Address

    2800 W BETHEL AVENUE, MUNCIE, IN, 47304

    NTEE Category

    Code: B43 - Education

    If you are a representative of Ball State University Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.