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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 2017. Filed on May 15, 2018.

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 2017 IRS Form 990 filing, Ball State University Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 13 out of 265 total employees. Among the employees shown here, the average compensation is $229,404. The highest compensated employee at Ball State University Foundation Inc. is Terry King with fiscal year 2017 compensation of $460,195.

Revenue, expenses, and employee compensation

Revenue

$20,276,092

Expenses

$21,207,702

Employee compensation

$6,346,927
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Terry King
Board Member
$460,195
$0 $403,557 $56,638
Paul Ferguson
Former Board Member
$412,255
$0 $398,413 $13,842
Bernard M Hannon
Board Member
$329,025
$0 $273,215 $55,810
Cheri E O'Neill
President and Chief Executive Officer
$293,597
$253,409 No related comp$40,188
Jeffrey R Lang
Treasurer and EXC Vice President for Finance
$213,396
$189,783 No related comp$23,613
Philip M Purcell
Vice President Planned Giving and Endowment
$204,747
$185,785 No related comp$18,962
Thomas Heck
Chief Investment Officer
$198,982
$193,326 No related comp$5,656
David Mark Helmus
Senior Vice President for Development
$195,000
$193,331 No related comp$1,669
Tracy Curtis
Vice President for Operations and Controller
$116,551
$110,596 No related comp$5,955
Derek Berger
AVP for Development
$113,401
$99,380 No related comp$14,021
Jean Crosby
Vice President for SEC
$112,530
$109,843 No related comp$2,687
Jennifer Goins
AVP for Alumni Programs
$103,165
$102,238 No related comp$927

Benchmark Employee Compensation

Non-Employee Board Members

Anthony W Smith
Chair
Charles H Harper
Board Member
Dave W Heeter
Board Member
Donald D Dumoulin
Board Member
E Renae Conley
Board Member
Geoff S Mearns
Board Member
H Bernie Boldt
Board Member
James C Lintzenich
Board Member
Jorge Gutierrez
Board Member
Katherine A Arbuckle
Board Member
Kelli S Burrill
Board Member
Kenneth R Briner
Board Member

Contractors

Perella Weinberg Partners
Investment
$799,730
Sustainable Muncie Corp.
Facility
$320,000
Blackbaud Inc.
Software
$238,104
Morgan Stanley Smith Barney
Investment
$160,000
Simpson Scarborough LLC
Higher Ed Research
$132,006

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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