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 1,071 individual grants totaling $121,091,423. 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 |
|---|---|---|---|
Nancy B Keilty Director | 1 | $0 | |
James A Fisher Chair/director | 4 | $0 | |
Elizabeth M Bracken Director | 1 | $0 | |
Judith F Oetinger Director | 1 | $0 | |
Jeffrey C Bird Director | 1 | $0 | |
William M Bracken Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ball Associates | 12/30/22 | $136,512 |
Old National Wealth Management | 12/30/22 | $779,879 |
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 $12,926,530 in support to 116 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE MENTORS FOR KIDS PURPOSE: MUNCIE MENTOR PROGRAM AT BALL STATE UNIVERSITY | $5,000 |
DELAWARE COUNTY SOIL & WATER PURPOSE: UPPER WHITE RIVER WATERSHED PROJECT; WHITE RIVER BRANDING; GRANT WRITING FOR IDEM 391(H) UPPER MISSISSINEWA RIVER IMPLEMENTATION PHASE II; HIGH ST DAM FEASIBILITY STUDY RENDERINGS | $47,500 |
DELAWARE ADVANCEMENT CORP PURPOSE: VISION PLAN FUNDING | $300,000 |
CARDINAL GREENWAY INC PURPOSE: OPERATING SUPPORT, MICHIGAN SUMMIT, CLOSING CARDINAL GREENWAY GAP & FISHER GOVERNANCE AWARD | $220,000 |
ECI REGIONAL PARTNERSHIP INC PURPOSE: 2023 SUPPORT | $80,000 |
INDIANA YOUTH INSTITUTE PURPOSE: ENHANCING ORGANIZATIONAL CAPACITY | $45,000 |