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
For more information, check out the 2007 Foundation Annual Report (PDF).
Source: Advancement Services