Ball Brothers Foundation
- Assets
- $163.1m
- Revenue
- $28.1m
- Investments
- $155.8m
- Employees
- 0
- Location
- Muncie, IN
- Founding
- 09/1943
- Data as of
- 12/2021
- EIN
- 35-0882856
Organization Overview
Ball Brothers Foundation is located in Muncie, IN. The organization was established in 1943. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ball Brothers Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ball Brothers Foundation generated $28.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $11.9m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ball Brothers Foundation has awarded 955 individual grants totaling $108,164,893. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
CONSERVATION, OUTDOOR RECREATION, OUTDOOR EDUCATION SUMMITDURING THIS FISCAL YEAR, BALL BROTHERS FOUNDATION HOSTED A CONFERENCE FOCUSED ON THE ENVIRONMENT, OUTDOOR EDUCATION AND OUTDOOR RECREATION. OVER 30 INDIVIDUALS PARTICIPATED IN THE EVENT, INCLUDING BALL BROTHERS FOUNDATION GRANTEES, THEIR COUNTERPARTS FROM OTHER REGIONS, AND REPRESENTATIVES OF OTHER FOUNDATIONS. BALL BROTHERS FOUNDATION FACILITATED THE TWO-DAY EVENT WITH THE PURPOSE OF PROVIDING NONPROFITS THE OPPORTUNITY TO SHARE BEST PRACTICES, NETWORK, AND SEEK SOLUTIONS TO COMMON CHALLENGES. THE CONFERENCE SPECIFICALLY FOCUSED ON THE CONCEPT OF "PARTNERSHIPS" AND STRATEGIES FOR DEVELOPING STRONG, MUTUALLY-BENEFICIAL PARTNERSHIPS AND COLLABORATIONS. HIGHLIGHTS INCLUDED: A SITE VISIT TO PRAIRIE CREEK RESERVOIR WITH TOUR OF KEY CONSERVATION/RECREATION SITES, A KEYNOTE SPEAKER, AND A PRESENTATION BY EACH PARTICIPATING ORGANIZATION UNDERSCORING IMPORTANT LESSONS LEARNED THAT MAY BE REPLICABLE OR BENEFICIAL FOR OTHER PARTICIPANTS.
CONSERVATION, OUTDOOR RECREATION, OUTDOOR EDUCATION SUMMITDURING THIS FISCAL YEAR, BALL BROTHERS FOUNDATION HOSTED A CONFERENCE FOCUSED ON THE ENVIRONMENT, OUTDOOR EDUCATION AND OUTDOOR RECREATION. OVER 30 INDIVIDUALS PARTICIPATED IN THE EVENT, INCLUDING BALL BROTHERS FOUNDATION GRANTEES, THEIR COUNTERPARTS FROM OTHER REGIONS, AND REPRESENTATIVES OF OTHER FOUNDATIONS. BALL BROTHERS FOUNDATION FACILITATED THE TWO-DAY EVENT WITH THE PURPOSE OF PROVIDING NONPROFITS THE OPPORTUNITY TO SHARE BEST PRACTICES, NETWORK, AND SEEK SOLUTIONS TO COMMON CHALLENGES. THE CONFERENCE SPECIFICALLY FOCUSED ON THE CONCEPT OF "PARTNERSHIPS" AND STRATEGIES FOR DEVELOPING STRONG, MUTUALLY-BENEFICIAL PARTNERSHIPS AND COLLABORATIONS. HIGHLIGHTS INCLUDED: A SITE VISIT TO PRAIRIE CREEK RESERVOIR WITH TOUR OF KEY CONSERVATION/RECREATION SITES, A KEYNOTE SPEAKER, AND A PRESENTATION BY EACH PARTICIPATING ORGANIZATION UNDERSCORING IMPORTANT LESSONS LEARNED THAT MAY BE REPLICABLE OR BENEFICIAL FOR OTHER PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Fisher President/ceo | 40 | $269,829 | |
Richard J Spisak Sr Program Officer | 40 | $134,892 | |
Jenna L Wachtmann Vice President | 40 | $100,923 | |
Donna K Munchel Grant Process Mgr | 40 | $87,946 | |
Michelle M Stephenson Exec Asst & Commun | 40 | $51,815 | |
James A Fisher Chair/director | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Old National Wealth Management | 12/30/21 | $890,935 |
Ball Associates | 12/30/21 | $128,578 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25 |
| Dividends & Interest | $3,254,148 |
| Net Rental Income | -$81,135 |
| Net Gain on Sale of Assets | $24,197,417 |
| Capital Gain Net Income | $24,197,417 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $668,497 |
| Total Revenue | $28,120,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $370,753 |
| Other employee salaries and wages | $274,654 |
| Pension plans, employee benefits | $237,224 |
| Interest | $0 |
| Taxes | $376,316 |
| Depreciation | $22,652 |
| Occupancy | $88,740 |
| Travel, conferences, and meetings | $44,280 |
| Printing and publications | $1,552 |
| Other expenses | $762,628 |
| Total operating and administrative expenses | $3,332,942 |
| Contributions, gifts, grants paid | $8,601,460 |
| Total expenses and disbursements | $11,934,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,337,017 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $33,853 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,442,082 |
| Net Land, buildings, and equipment | $167 |
| Other assets | $0 |
| Total assets | $163,131,007 |
| Accounts payable and accrued expenses | $10,206 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,206 |
Grants Awarded
Over the last fiscal year, Ball Brothers Foundation has awarded $13,664,460 in support to 113 organizations.
| Grant Recipient | Amount |
|---|---|
Muncie, IN PURPOSE: GENERAL OPERATIONS & CAPITAL | $2,750,000 |
MINNETRISTA CULTURAL FND PURPOSE: GENERAL OPERATIONS & COLLECTION PRESERVATION & ACQUISITION FUND | $2,705,000 |
YMCA OF MUNCIE PURPOSE: CAPITAL CAMPAIGN FOR NEW FACILITY | $1,100,000 |
YMCA OF MUNCIE PURPOSE: CAPITAL CAMPAIGN FOR NEW FACILITY; CAMP CROSLEY & STRATEGIC COMMUNICATION & ADVOCACY PLAN; MITCHELL EQUIPMENT; NATURE PRESCHOOL DEVELOPMENT;ICE LEAGUE; MEAL DISTRIBUTION | $570,000 |
GREATER MUNCIE IN HABITAT FOR HUMANITY PURPOSE: HOUSING PROGRAM; 8TWELVE COALITION - PLANNING FOR THE FUTURE & FISHER GOVERNANCE AWARD | $450,500 |
MUNCIE COMMUNITY SCHOOLS PURPOSE: PREK-12 EDUCATION RECOVERY, REBUILDING & INNOVATION IN WAKE OF PANDEMIC; AFGHAN REFUGEE SUPPORT; PUBLIC SCHOOLS COVID SUPPORT & CDA PATHWAYS | $437,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cantigny Foundation Wheaton, IL | $482,055,746 | $23,347,648 |
Ball Brothers Foundation Muncie, IN | $163,131,007 | $28,120,087 |
George And Frances Ball Foundation Muncie, IN | $76,278,352 | $7,203,214 |
Friends Of The Robert Crown Center Evanston, IL | $364,936 | $1,586,328 |
Edmund F And Virginia B Ball Foundation Inc Muncie, IN | $23,329,269 | $2,218,558 |
Chicago Parks Foundation Chicago, IL | $6,269,164 | $4,256,299 |
The Tower Grove Park Foundation Saint Louis, MO | $14,895,981 | $1,801,990 |
Ball Foundation Glen Ellyn, IL | $10,980,594 | $409,210 |
Chicago Rowing Foundation Chicago, IL | $1,413,266 | $1,236,194 |
Atchison Ymca Qalicb Inc Kansas City, MO | $9,758,868 | $380,000 |
Friends Of Lake Forest Parks And Recreation Lake Forest, IL | $990,377 | $433,092 |
Pekin Park Foundation Pekin, IL | $1,074,794 | $584,310 |