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Ball Brothers Foundation

MUNCIE, IN EIN: 35-0882856 Website

Ball Brothers Foundation is a private family foundation based in Muncie, Indiana, dedicated to improving quality of life through philanthropy and leadership. Incorporated in 1926, it is likely the oldest private foundation in Indiana still led by members of its founding family. The foundation was established from the estate of Edmund B. Ball and his brothers, founders of Ball Brothers Company (now Ball Corporation), a historic glass manufacturing business.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$173.8M

+1.8% YoY

Annual Giving

$8.3M

-5.7% YoY

Grant Count

113

-5.8% YoY

Avg Grant Size

$73K

+0.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: "Ball Brothers Foundation is dedicated to the stewardship legacy of the Ball brothers and to the pursuit of improving the quality of life in Muncie, Delaware County, East Central Indiana, and Indiana through philanthropy and leadership."

Funding Priorities:

Ball Brothers Foundation supports six broad subject areas:

  • Arts, culture, and humanities
  • Education
  • Environment
  • Health
  • Human services
  • Public society benefit

The foundation prioritizes support for organizations that strengthen their effectiveness, present innovative approaches to addressing community needs, and spearhead new projects, programs, or initiatives.

Grantmaking

Ball Brothers Foundation makes grants only to nonprofits, government organizations, and schools operating within Indiana. An organization's IRS nonprofit status is verified prior to awarding funds.

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Geographic Focus

Where this funder awards grants

Ball Brothers Foundation historically targets the vast majority of its funding to organizations in East Central Indiana, with particular emphasis on the Muncie/Delaware County area.

Primary service area includes:

  • Muncie
  • Delaware County
  • Blackford County
  • Grant County
  • Henry County
  • Jay County
  • Madison County
  • Randolph County

Limited exceptions are occasionally made outside these areas for projects with statewide impact. Organizations outside the Muncie/East Central Indiana area are welcome to apply, though funding for organizations outside this footprint is rare.

Grant Distribution by State

3states

Cities

AlbanyAndersonCarmelChesterfieldConnersvilleDalevilleDetroitEatonFishersFranklinGarrettGastonHartford CityIndianapolisMarionMiddletownMuncieNew CastleNorth CantonParker City

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023):

  • Total assets: $170.7 million to $173.8 million
  • Total revenue: $13.7 million
  • Total expenses: $11.9 million
  • Total liabilities: $12,800

Tax Status:

  • Designated as a 501(c)(3) organization
  • Tax-exempt since September 1943
  • EIN: 35-0882856
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$15M$23M$31M20202021202220232024
Metric202420232022
Total Assets$173,760,695$170,691,544$168,858,047
Revenue$14,928,483$13,732,738$19,558,197
Expenses$11,849,191$11,901,861$13,831,129
Qualifying Distributions$9,410,530$9,908,417$11,092,848
Net Investment Income$12,595,407$11,779,829$16,841,467
Distributable Amount$10,366,718$9,438,629$9,824,701

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$5M$8M$10M104 grants2020105 grants2021114 grants2022120 grants2023113 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MINNETRISTA MUSEUM & GAR…$2.8MMUNCIE COMMUNITY SCHOOLS$469KYMCA OF MUNCIE$290KWHITELEY COMMUNITY COUNCIL$255KBALL STATE UNIVERSITY FO…$250KCARDINAL GREENWAY INC$200KCORNERSTONE CENTER FOR T…$200KBALL STATE UNIVERSITY$175KSUSTAINABLE MUNCIE CORPO…$175KCOMMUNITY FOUNDATION OF …$165K

Grant Size Distribution

250 grants across all recorded years

140<$50K50$50–100K35$100–250K17$250–500K2$500K–1M6$1–5M$5M+

Open Grants

3 open opportunities from Ball Brothers Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's governing panel blends representatives from two generations of descendants of the Ball brothers with several regional business and civic leaders.

Historical Founders:

  • Edmund B. Ball
  • George A. Ball (1862-1955) — handled financial affairs for Ball Brothers Glass Manufacturing Company
  • William C. Ball (1852-1921) — worked in sales for Ball Brothers Glass Manufacturing Company
  • Frank C. Ball (1857-1943) — served as President for Ball Brothers Glass Manufacturing Company
  • Lucius L. Ball

Compensation Overview

From 2024 IRS filing

MICHAEL J FISHERPresident/CEO$291KJENNA L WACHTMANNVice President$142K

From 2024 filing

NameTitleHoursCompensation
NANCY B KEILTYDirector1
JAMES A FISHERChair/Director4
ELIZABETH M BRACKENDirector1
JUDITH F OETINGERDirector1
JEFFREY C BIRDDirector1
WILLIAM M BRACKENDirector1
STEPHANIE C DUCKMANNDirector1
LAURA HILLDirector1
SCOTT E SCHOCKLEYAst Sec&A Treas1
MICHAEL J FISHERPresident/CEO40$290,985
STACY J MCHENRYDirector1
JENNA L WACHTMANNVice President40$141,865
FRANK B PETTYVice Chair/Dir4
CHARLES F BALLSecretary2
EDMUND F PETTY JRTreasurer6
DENNIS TRAMMELL JRDirector1

Recent News & Activity

Recent developments and announcements

2026

Ball Brothers Foundation celebrated its centennial anniversary in 2026 and announced updated grantmaking focus areas. The foundation has maintained active grant cycles with multiple funding rounds throughout 2024 and 2025, including specialized initiatives such as the Ball Venture Fund and grants focused on growing healthcare talent in East Central Indiana.

Ball Brothers Foundation Celebrates 100th Anniversary in 2026, Announces\

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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