The Ball State University Foundation manages the residual assets of $238 million, representing endowments and available resources for the university and its students.

Since the creation of the foundation in 1951, contributions by donors exceeded a total of $308 million in 2007. To this, the foundation has added almost $138 million in investment earnings, creating a pool of financial support that has provided more than $208 million for university scholarships, programs, and facilities.

The foundation's assets are invested in a well-diversified portfolio seeking superior returns with a prudent level of risk. Investment returns for the last three years have reached 17.9 percent, 14.8 percent, and 13.6 percent, ranking the foundation highly against its peers.

Alumni and friends of Ball State made total contributions of more than $20 million in fiscal year 2007. Permanently restricted contributions to the endowment exceeded $15 million. The Ball State University Foundation provided $19 million in support of the university.

The foundation processes more than 34,000 donor gifts per year.

For more information, check out the 2007 Foundation Annual Report (PDF).

Source: Advancement Services