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Filing year 2023

Ball State University Foundation Inc

Muncie, Indiana·EIN 35-6024566·NTEE B110 · Education·501(c)(3)
Total revenue
$66.9M
Total assets
$413.6M
Total expenses
$30.2M
Reported officers
45
Mission

Our mission is to optimize sustainable support for Ball State University by obtaining, investing, and managing private gifts wisely while fulfilling our fiduciary responsibilities to Donors, the University, and designated beneficiaries. The Ball State University Foundation will continue to support the University's mission by maintaining its reputation as an institution of excellence while fostering a culture of philanthropy, service, volunteer leadership, and exemplary fiduciary responsibility.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Indiana.

President
Above 90th percentile
$303k
$335k
Base
$270k
Bonus
$1k
Other
Benefits
$4k
Chief Advancement Officer
Highest Compensated Employee
75th to 90th percentile
$247k
$273k
Base
$215k
Bonus
$4k
Other
Benefits
$5k
VP of Development
Board Vice President
Median to 75th percentilevs Education peers nationwide
$230k
$254k
Base
$204k
Bonus
$4k
Other
Benefits
$11k
AVP of Finance & Treasurer
75th to 90th percentile
$196k
$216k
Base
$166k
Bonus
$1k
Other
Benefits
$11k
AVP for Alumni Engagement
Highest Compensated Employee
Median to 75th percentile
$183k
$203k
Base
$159k
Bonus
$4k
Other
Benefits
$3k
AVP for Development
Highest Compensated Employee
25th percentile to median
$154k
$170k
Base
$135k
Bonus
$5k
Other
Benefits
$3
Sr Exec Dir of Advancement
Highest Compensated Employee
Below 10th percentile
$117k
$129k
Assistant Secretary
Secretary (Operational)
Median to 75th percentilevs Education peers nationwide
$112k
$124k
Ex-officio Vice Chair & Pres.
Board Chair
Median to 75th percentilevs Education peers nationwide
$62k
$68k
VP of Finance & Treasurer
Board Vice President
10th to 25th percentilevs Education peers nationwide
$41k
$46k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 35 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Ball State University Foundation Inc equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 6%
from 2022

From $286k in 2022 to $303k in 2023.

$286k
2022
$303k
2023
In today's dollarsEst.
Up 2% in real terms$328k to $335k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 234%.

$286k in 2022 to $303k in 2023.
  • Highest Compensated Employee pay rose 3% from 2022 to 2023.
  • Board Vice President pay rose 4% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Ball State University Foundation Inc

What does the Chief Executive Officer of Ball State University Foundation Inc earn?

In 2023, the Chief Executive Officer of Ball State University Foundation Inc received $302,880 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Ball State University Foundation Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Indiana, the 2023 pay of the Chief Executive Officer at Ball State University Foundation Inc falls in the top 10%. In 2023, the highest total compensation at Ball State University Foundation Inc equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are Ball State University Foundation Inc's revenue and expenses?

In 2023, Ball State University Foundation Inc reported $66.9M in total revenue and $30.2M in total expenses on its IRS Form 990.

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