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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Ball State University Foundation Inc.

Ball State University Foundation Inc.

Fiscal year ending 2023. Filed on March 30, 2024.

2800 W Bethel Avenue
Muncie, Indiana 47304

Ball State University Foundation Inc. (EIN: 35-6024566) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Ball State University Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 102 total employees. Among the employees shown here, the average compensation is $231,050. The highest compensated employee at Ball State University Foundation Inc. is Geoffrey Mearns with fiscal year 2023 compensation of $573,092.

Revenue, expenses, and employee compensation

Revenue

$20,014,598

Expenses

$24,909,610

Employee compensation

$6,967,183
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Geoffrey Mearns
Ex-Officio Vice Chair and Pres.
$573,092
$0 $514,908 $58,184
Alan Finn
Vice President of Finance and Treasurer
$311,996
$0 $281,674 $30,322
Jean Kramer Crosby
President
$286,231
$255,420 No related comp$30,811
David Mark Helmus
Chief Advancement Officer
$239,043
$211,020 No related comp$28,023
Donald Ray Allen
Vice President, Development
$222,276
$201,383 No related comp$20,893
Stephen Wachtmann
AVP of Finance and Treasurer
$179,747
$152,337 No related comp$27,410
Carmella Hise
AVP for Development
$148,659
$134,855 No related comp$13,804
Lola Mauer
AVP for Alumni Engagement
$147,633
$129,922 No related comp$17,711
Mary Serine
Sr Exec Director of Advancement
$107,608
$101,434 No related comp$6,174
Beth Alexander
Assistant Secretary
$94,216
$84,544 No related comp$9,672

Benchmark Employee Compensation

Non-Employee Board Members

Bente M Weitekamp
Board Member
Betsy M Ross
Board Member
Damita J Williams
Board Member
Daniel J Towriss
Board Member
David W Heeter
Secretary
Donald D Dumoulin II
Board Member
Dwight D Smith
Board Member
E Renae Conley
Board Member
Eric J Foss
Board Member
James R Williams
Board Member
Jill S Lacy
Board Member
Jo Ann M Gora
Board Member

Contractors

Goldman Sachs
Investment Advisor
$642,296
Agility
Investment Advisor
$346,063
Forvis LLP
Accounting
$122,235

Mission Statement

OUR MISSION IS TO MAXIMIZE SUSTAINABLE SUPPORT FOR BALL STATE UNIVERSITY BY OBTAINING, INVESTING, AND ADMINISTERING PRIVATE GIFT SUPPORT AND PRUDENTLY DISCHARGING ITS FIDUCIARY OBLIGATIONS TO THE UNIVERSITY, DONORS, AND DESIGNATED BENEFICIARIES. THE BALL STATE UNIVERSITY FOUNDATION WILL SUPPORT THE CONTINUING DEVELOPMENT OF BALL STATE UNIVERSITY BY CONTINUING TO BE A FOUNDATION OF EXCELLENCE, PROMOTING AND FACILITATING A CULTURE OF PHILANTHROPY, SERVICE, VOLUNTEER LEADERSHIP, AND EXEMPLARY FIDUCIARY RESPONSIBILITY.

Revisions to this organization profile

March 30, 2024:
2023 Ball State University Foundation Inc. 990 filed
May 11, 2023:
2022 Ball State University Foundation Inc. 990 filed
May 13, 2022:
2021 Ball State University Foundation Inc. 990 filed

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