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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 2021. Filed on May 13, 2022.

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 2021 IRS Form 990 filing, Ball State University Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 165 total employees. Among the employees shown here, the average compensation is $217,933. The highest compensated employee at Ball State University Foundation Inc. is Geoffrey Mearns with fiscal year 2021 compensation of $554,957.

Revenue, expenses, and employee compensation

Revenue

$35,478,867

Expenses

$24,559,056

Employee compensation

$5,647,069
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Geoffrey Mearns
VICE Chair and President
$554,957
$0 $498,600 $56,357
Alan Finn
Vice President of Finance and Treasurer
$309,774
$0 $285,537 $24,237
Jean Kramer Crosby
President
$273,990
$244,989 No related comp$29,001
David Mark Helmus
Chief Advancement Officer
$242,697
$215,106 No related comp$27,591
James Acton
Senior Associate Vice President Alumni ENG
$166,483
$0 $152,135 $14,348
Thomas Heck Left 072020
Chief Investment Officer
$156,847
$137,598 No related comp$19,249
Stephen Wachtmann
Assoc Vice President of Finance&Treasurer
$145,543
$123,560 No related comp$21,983
Jacob Logan
Former President
$108,929
$101,392 No related comp$7,537
Beth Alexander
Assistant Secretary
$2,181
$2,071 No related comp$110

Benchmark Employee Compensation

Non-Employee Board Members

Anthony Smith
Board Member
Charles Harper
Board Member
Daniel Towriss
Board Member
David Heeter
Board Member
Donald Dumoulin II
Board Member
E Renae Conley
Board Member
James Williams
Board Member
Jo Ann Gora
Board Member
Jorge Gutierrez
Board Member
Julie Griffith
Secretary
Katherine Arbuckle
Board Member
Kenneth Briner
Board Member

Contractors

Bkd LLP
Accounting
$110,520
Pledgemine
Media
$110,150

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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