Form 990 for tax year 2023
Filed by BALL STATE UNIVERSITY FOUNDATION.
Totals
- Total revenue
- $66,942,172
- Total expenses
- $30,249,612
- Contributions and grants received
- $65,701,692
- Grants paid
- $18,696,553
- Program service revenue
- $1,106
- Investment income
- $1,238,078
- Other revenue
- $1,296
- Total assets, end of year
- $413,594,191
- Total liabilities, end of year
- $16,689,739
- Net assets or fund balances, end of year
- $396,904,452
- Program services expenses (Part IX)
- $20,390,264
- Management and general expenses
- $5,485,531
- Fundraising expenses
- $4,373,817
- Program service expenses (Part III)
- $20,390,264
Program services were 67.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
DAVID W HEETER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
GEOFFREY MEARNS
EX-OFFICIO VICE CHAIR & PRES.
- Total calculated
- $1,270,369
- From this org
- $0
- From related orgs
- $1,208,682
- Other
- $61,687
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $1,177,734 related
- Bonus
- $0 + $8,500 related
- Other
- $0 + $22,448 related
- Deferred
- $0 + $57,164 related
- Nontaxable benefits
- $0 + $4,523 related
- Filer's total
- $0 + $1,270,369 related
-
JEAN KRAMER CROSBY
PRESIDENT
- Total calculated
- $302,880
- From this org
- $270,572
- From related orgs
- $0
- Other
- $32,308
- Hours/week
- 51 + 4 related
Schedule J breakdown matched by us
- Base
- $269,572
- Bonus
- $1,000
- Other
- $0
- Deferred
- $28,115
- Nontaxable benefits
- $4,193
- Filer's total
- $302,880
-
MARLA K TEMPLETON
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
MICHAEL C RAY
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
PATRICK J ALDERICE
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
ALAN FINN
VP OF FINANCE & TREASURER
- Total calculated
- $332,034
- From this org
- $0
- From related orgs
- $290,602
- Other
- $41,432
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $289,602 related
- Bonus
- $0 + $1,000 related
- Other
- $0
- Deferred
- $0 + $30,988 related
- Nontaxable benefits
- $0 + $10,444 related
- Filer's total
- $0 + $332,034 related
-
BENTE M WEITEKAMP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
BETSY M ROSS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CHARLES A BARTH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DAMITA J WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL J TOWRISS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DONALD D DUMOULIN II
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DWIGHT D SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
E RENAE CONLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ERIC J FOSS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HENRY HALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JAMES R WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JILL S LACY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JO ANN M GORA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JULIE K GRIFFITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KATHERINE A ARBUCKLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KATHERINE M DOERKSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KEITH A ROBINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KELLI A LAWRENCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KYLE J WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MARSHA J CASEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL D MCDANIEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL E EARLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MICHELLE A RYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RANDY D PHILLIPS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD J HALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT S KASPAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SHERI L KENDALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
THOMAS B BRYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TIMOTHY M ANDREWS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
VINCE M BERTRAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
W CRAIG DOBBS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
BETH ALEXANDER
ASSISTANT SECRETARY
- Total calculated
- $112,080
- From this org
- $101,669
- From related orgs
- $0
- Other
- $10,411
- Hours/week
- 51
-
STEPHEN WACHTMANN
AVP OF FINANCE & TREASURER
- Total calculated
- $195,900
- From this org
- $166,597
- From related orgs
- $0
- Other
- $29,303
- Hours/week
- 51 + 4 related
Schedule J breakdown matched by us
- Base
- $165,597
- Bonus
- $1,000
- Other
- $0
- Deferred
- $18,394
- Nontaxable benefits
- $10,909
- Filer's total
- $195,900
-
CARMELLA HISE
AVP FOR DEVELOPMENT
- Total calculated
- $153,958
- From this org
- $139,810
- From related orgs
- $0
- Other
- $14,148
- Hours/week
- 51
Schedule J breakdown matched by us
- Base
- $134,710
- Bonus
- $5,100
- Other
- $0
- Deferred
- $14,145
- Nontaxable benefits
- $3
- Filer's total
- $153,958
-
DAVID MARK HELMUS
CHIEF ADVANCEMENT OFFICER
- Total calculated
- $247,396
- From this org
- $219,153
- From related orgs
- $0
- Other
- $28,243
- Hours/week
- 51
Schedule J breakdown matched by us
- Base
- $215,153
- Bonus
- $4,000
- Other
- $0
- Deferred
- $23,003
- Nontaxable benefits
- $5,240
- Filer's total
- $247,396
-
DONALD RAY ALLEN
VP OF DEVELOPMENT
- Total calculated
- $230,214
- From this org
- $208,035
- From related orgs
- $0
- Other
- $22,179
- Hours/week
- 51 + 4 related
Schedule J breakdown matched by us
- Base
- $204,035
- Bonus
- $4,000
- Other
- $0
- Deferred
- $10,709
- Nontaxable benefits
- $11,470
- Filer's total
- $230,214
-
LOLA MAUER
AVP FOR ALUMNI ENGAGEMENT
- Total calculated
- $183,400
- From this org
- $162,880
- From related orgs
- $0
- Other
- $20,520
- Hours/week
- 51
Schedule J breakdown matched by us
- Base
- $158,880
- Bonus
- $4,000
- Other
- $0
- Deferred
- $17,042
- Nontaxable benefits
- $3,478
- Filer's total
- $183,400
-
MARY SERINE
SR EXEC DIR OF ADVANCEMENT
- Total calculated
- $116,953
- From this org
- $107,354
- From related orgs
- $0
- Other
- $9,599
- Hours/week
- 51
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · First-class or charter travel
- 1a · Travel for companions
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 1a First-class or charter travel
- CHARTER TRAVEL IS A BENEFIT MADE AVAILABLE TO SELECT OFFICERS AND DIRECTORS WHEN THERE IS ROOM AVAILABLE ON THE CHARTER PLANE USED BY THE ATHLETIC DEPARTMENT. THIS USE IS ONLY FOR BUSINESS PURPOSES.
- Schedule J, Part I, Line 1a Travel for companions
- TRAVEL FOR COMPANIONS IS A BENEFIT MADE AVAILABLE TO SELECT OFFICERS AND DIRECTORS WHEN THERE IS ROOM AVAILABLE ON THE CHARTER PLANE USED BY THE ATHLETIC DEPARTMENT. THIS USE IS ONLY FOR BUSINESS PURPOSES.
- Schedule J, Part I, Line 1a Health or social club dues or initiation fees
- COUNTRY CLUB DUES WERE PROVIDED FOR SELECT OFFICERS AND DIRECTORS FOR BUSINESS USE.
- Schedule J, Part I, Line 7 Non-fixed payments
- BONUS PAYMENTS ARE DETERMINED AT THE DISCRETION OF BALL STATE UNIVERSITY FOUNDATION. ALSO, ONE-TIME SUPPLEMENTAL PAYMENTS ARE INCLUDED IN THE BONUSES FOR INDIVIDUALS WHO WERE EMPLOYED AT THE UNIVERSITY AS OF AUGUST 31, 2023.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$14,577,496
GENERAL SUPPORT
-
$4,119,057
SCHOLARSHIPS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Education · IN
Directly controlled by NA
-
501(c)(3) · Investments · IN · controlled entity
Directly controlled by BS Univ Fdn
-
501(c)(3) · Real Estate · IN · controlled entity
Directly controlled by BS Univ Fdn
-
Ball State University Alumni Association
501(c)(3) · Alumni Spt · IN
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Charitable Remainder Trusts (5)
Trust · Charitable Tr · IN
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541289349303389
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