Foundation Assets 2008
The
Ball State University Foundation manages the residual assets of
$230 million, representing endowments and available resources for the university and its students.
Since the foundation's creation in 1951, contributions by donors now total almost
$332 million. To this, the foundation has added more than
$132 million in investment earnings, creating a pool of financial support that has provided more than
$234 million for university scholarships, programs, and facilities. The Ball State University Foundation provided
$26 million in support of the university in fiscal year 2008.
Foundation assets are invested in a well-diversified portfolio seeking superior returns with a prudent level of risk. The foundation's five-year average annual return of
12.6 percent has outpaced the Standard & Poor's 500 Index return of
7.6 percent, ranking the foundation highly against its peers.
Alumni and friends of Ball State made total contributions of more than
$23 million in fiscal year 2008. Permanently restricted contributions to endowments exceeded
$8.7 million.
The foundation processes more than
34,000 donor gifts per year.
See also:
Foundation Annual Report Foundation Activity Report Source: Advancement Services