Financial Picture 2011
Alumni and friends of Ball State made contributions of more than $13 million in fiscal year 2011. Contributions from 2001-2011 totaled over $196 million. Total contributions since the founding of the foundation in 1951 now exceed $375 million. Future gifts such as bequests in will and trusts, beneficiary designations in life insurance and retirement plans, property, and life income plans have grown to more than $90 million.
During fiscal year 2011, the foundation provided more than $15 million in support to Ball State in many areas including student financial assistance, academic programs, and faculty compensation. In the last 10 years, the foundation has provided over $180 million in support, with total support provided since 1951 topping $292 million. Practical budgeting and investment strategies have also allowed the foundation to provide financial resources for high profile construction projects such as the Student Recreation and Wellness Center, Fisher Football Training Facility, Shafer Tower, and women’s field hockey grounds at the Briner Sports Complex.
See also: Foundation Annual Report Foundation Activity Report
Source: Ball State University Foundation
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