Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
GEORGE AND FRANCES BALL FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1408   Room/suite
City or town, state, and ZIP code
MUNCIE, IN47308
A Employer identification number

35-6033917
B Telephone number (see page 10 of the instructions)

C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$82,539,396J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 270 270 270
4 Dividends and interest from securities...... 2,139,030 2,139,030 2,139,030
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,935,525
b Gross sales price for all assets on line 6a 14,194,485
7 Capital gain net income (from Part IV, line 2)... 2,935,525
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 5,074,825 5,074,825 2,139,300
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 42,000     42,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 3,213     3,213
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 40,876 40,876 40,876  
c Other professional fees (attach schedule).... Click to see attachment 236,287 236,287 236,287  
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 149,960 33,331 33,331  
19 Depreciation (attach schedule) and depletion... Click to see attachment 284 284 284
20 Occupancy.............. 35,384     35,384
21 Travel, conferences, and meetings....... 1,850 6 12 1,838
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 3,358 3,358 3,358  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 513,212 314,142 314,148 82,435
25 Contributions, gifts, grants paid........ 3,900,100 3,900,100
26 Total expenses and disbursements. Add lines 24 and 25 4,413,312 314,142 314,148 3,982,535
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 661,513
b Net investment income (if negative, enter -0-) 4,760,683
c Adjusted net income (if negative, enter -0-)... 1,825,152
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 2,020,401 1,097,669 1,097,669
3 Accounts receivable bullet7,979
Less: allowance for doubtful accounts bullet   40 7,979 7,979
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 3,049,432 Click to see attachment1,299,891 1,356,975
b Investments—corporate stock (attach schedule)........ 52,950,162 Click to see attachment54,308,769 63,097,825
c Investments—corporate bonds (attach schedule)........ 13,856,760 Click to see attachment15,824,248 16,978,416
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet15,065
Less: accumulated depreciation (attach schedule) bullet14,533 816 Click to see attachment532 532
15 Other assets (describe bullet)   Click to see attachment1  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 71,877,611 72,539,089 82,539,396
Liabilities 17 Accounts payable and accrued expenses.......... 1,250 1,216
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment1  
23 Total liabilities (add lines 17 through 22).......... 1,251 1,216
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund 31,967,307 31,967,307
29 Retained earnings, accumulated income, endowment, or other funds 39,909,053 40,570,566
30 Total net assets or fund balances (see page 17 of the
instructions).................... 71,876,360 72,537,873
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 71,877,611 72,539,089
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 71,876,360
2 Enter amount from Part I, line 27a..................... 2 661,513
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 72,537,873
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 72,537,873
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 400,000 FHLB - 2.000% - 12-3-15 - Called P 2011-06-16 2011-06-29
b 500,000 Federal Farm Cr. Bank - 2.950%-4/27/15 P 2010-06-29 2011-04-27
c 4,000 Wells Fargo & Co. P 1996-12-13 2011-04-25
d 2,000 Wells Fargo & Co. P 1996-12-13 2011-03-01
e 4,000 Wells Fargo & Co. P 1996-12-13 2011-02-18
2,000 Wells Fargo & Co. P 1996-12-13 2011-02-03
5,000 Wal Mart Stores Inc. P 1990-08-10 2011-06-15
4,000 Verizon Communications P 1990-10-26 2011-06-15
105,983.802 Vanguard Total Bond Mkt. SC- LTG P 2010-01-01 2011-12-27
72,535.232 Vanguard Short Term Invest Adm. Class-LTG P 2010-01-01 2011-03-24
67,516.015 Vanguard Inflation Prot. Adm. Cl - LTG P 2010-01-01 2011-12-29
3,000 US Bancorp Del Com P 2010-01-01 2011-08-29
2,000 US Bancorp Del Com P 2005-09-23 2011-06-15
2,000 US Bancorp Del Com P 2004-12-16 2011-06-15
2,000 United Technologies Corporation P 1981-10-01 2011-06-16
United Health Group Inc. Class Action P 2010-01-01 2011-03-24
4,000 Sysco Corporation P 1995-09-15 2011-06-15
22,000 Staples Inc. P 2010-01-01 2011-04-25
6,100 Southern Company P 2010-01-01 2011-03-11
7,900 Southern Company P 2010-01-01 2011-03-11
408,901.74 SMA Guar. Pool 5.110% 4-1-25 P 2008-09-02 2011-10-03
441,821.70 SMA Guar Pool - 5.110% - 4-1-25 P 2008-09-02 2011-04-01
2,500 Schlumberger Ltd P 1998-02-12 2011-04-13
5,000 Robert Half International P 2010-01-01 2011-04-25
800 Procter & Gamble Co. P 2010-01-01 2011-12-20
1,700 Procter & Gamble Co. P 2010-01-01 2011-04-25
800 Procter & Gamble Co. P 2001-06-13 2011-04-25
Proceeds frm Class Action Suit-Sara Lee P 2010-01-01 2011-11-29
4,100 Pfizer Inc. P 2009-10-19 2011-03-11
2,600 Pfizer Inc. P 2009-10-19 2011-03-11
8,865 Pfizer Inc. P 2010-01-01 2011-03-11
3,800 Pfizer Inc. P 2010-01-01 2011-03-11
2,500 Pfizer Inc. P 2010-01-01 2011-03-11
4,000 Pfizer Inc. P 2010-01-01 2011-03-11
2,100 Pepsico P 1990-10-29 2011-06-10
970 Pepsico P 2002-07-19 2011-06-10
730 Pepsico P 2003-02-27 2011-06-10
200 Pepsico P 2003-01-29 2011-06-10
3,000 Nvidia Corporation P 2006-09-22 2011-03-21
48,699.602 Nuveen Midcap Growth- LTG P 2010-01-01 2011-12-20
56,780.207 Northern Small Cap Value - LTG P 2010-01-01 2011-12-21
10,000 MSCI EAFE SPDR P 2010-01-01 2011-09-21
7,000 MSCI EAFE P 2010-01-01 2011-05-13
4,000 Microsoft Corporation P 2010-01-01 2011-04-25
4,000 Masco Corporation P 2010-01-01 2011-12-12
Lucent Technologies Class Action P 2010-01-01 2011-10-31
7,000 Lowe's Companies P 1998-07-16 2011-04-25
2,000 JP Morgan Chase P 1992-02-27 2011-11-02
2,500 JP Morgan Chase P 1992-02-27 2011-08-29
1,500 JP Morgan Chase P 1992-02-27 2011-06-15
3,500 Johnson & Johnson P 1990-10-26 2011-06-10
3,000 Johnson & Johnson P 1990-10-26 2011-03-21
2,000 J P Morgan Chase & Co. P 1992-02-27 2011-03-21
3,000 J P Morgan Chase & Co. P 1992-02-27 2011-02-03
4,000 Intel Corporation P 1993-04-14 2011-04-25
3,000 Intel Corporation P 1993-04-14 2011-03-18
3,000 Intel Corporation P 1993-04-14 2011-02-03
600 IBM Corporation P 2000-12-26 2011-06-15
1,000 IBM Corporation P 2010-01-01 2011-04-25
900 Hewlett Packard Co P 2010-01-01 2011-06-14
7,100 Hewlett Packard Co P 1996-10-28 2011-06-14
1,400 Graco Inc. P 2007-12-07 2011-04-28
24,400 General Electric Co. P 1982-10-19 2011-03-11
600 General Electric Co. P 1982-10-19 2011-03-11
21,841.344 Franklin Small Cap Value - LTG P 2010-01-01 2011-12-20
143,226.75 FNMA PTP 5.000% 6-1-18 P 2005-03-17 2011-03-25
139,637.33 FNMA PTP - 5.000%-6-1-18 P 2005-03-17 2011-04-25
115,533.69 FNMA PTP - 5.000% 6-1-18 P 2005-03-17 2011-11-25
118,673.98 FNMA PTP - 5.000% 6-1-18 P 2005-03-17 2011-10-25
122,242.5 FNMA PTP - 5.000% 6-1-18 P 2005-03-17 2011-09-26
112,174.3 FNMA PTP - 5.000% 6/1/18 P 2005-03-17 2011-12-27
147,377.1 FNMA PTP - 5.000% 6/1/18 P 2005-03-17 2011-02-25
125,371.29 FNMA PTP - 5.000% - 6-1-18 P 2005-03-17 2011-08-25
128,326.04 FNMA PTP - 5.000% - 6-1-18 P 2005-03-17 2011-07-25
131,705.59 FNMA PTP - 5.000% - 6-1-18 P 2005-03-17 2011-06-27
135,664.78 FNMA PTP - 5.000% - 6-1-18 P 2005-03-17 2011-05-25
152,475.81 FNMA PTP - 5.000% - 6/1/18 P 2005-03-17 2011-01-25
1,500 First Merchants Corporation P 1982-04-29 2011-12-14
1,500 First Merchants Corporation P 1982-04-29 2011-11-08
4,000 First Merchants Corporation P 1982-04-29 2011-07-01
4,000 First Merchants Corporation P 1982-04-29 2011-05-13
4,000 First Merchants Corporation P 1982-04-29 2011-05-10
2,500 First Merchants Corporation P 1982-04-29 2011-02-15
3,000 First Merchants Corporation P 1982-04-29 2011-01-28
2,000 First Merchants Corporation P 1982-04-29 2011-01-18
2,000 First Merchants Corporation P 1982-04-29 2011-01-06
1,500 First Merchants Corporation P 1982-04-29 2011-01-05
27,863.777 Fidelity Diversified Intl. Class P 2010-01-01 2011-06-20
35,756.853 Fidelity Diversified Intl. Class P 2010-01-01 2011-05-16
Federated Total Return Bond - LTCG P 2010-01-01 2011-12-31
259,151.85 FHLMC FHR 3203 VA CMO-5.000%-8/15/17 P 2007-12-06 2011-04-15
264,857.8 FHLMC FHR 3203 VA CMO-5.000%-8/15/17 P 2007-12-06 2011-02-15
235,847.59 FHLMC FHR 3203 VA CMO-5.000% 8/15/17 P 2007-12-06 2011-12-15
267693.03 FHLMC FHR 3203 VA CMO-5.000% - 8/15/17 P 2007-12-06 2011-01-18
247,596.61 FHLMC FHR 3203 VA CMO 5.000% 8-17 P 2007-12-06 2011-08-15
241,746.53 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2011-10-17
19,022.50 FHLMC FHR 3203 VA CMO - 5.000% 8/15/17 P 2007-12-06 2011-11-15
250,503.46 FHLMC FHR 3203 VA CMO - 5.000% 8/15/17 P 2007-12-06 2011-07-15
244,677.65 FHLMC FHR 3203 VA 5.000% - 8-15-17 P 2007-12-06 2011-09-15
262,010.76 FHLMC FHR 3203 VA 5.000% - 8-15-17 P 2007-12-06 2011-03-15
256,281.03 FHLMC FHR 3203 - 5.000% 8-15-17 P 2007-12-06 2011-05-16
253,398.25 FHLMC FHR 3203 - 5.000% - 8-15-17 P 2007-12-06 2011-06-15
45,886.23 FHLMC CMO FHRR R004-5.125%-12/15/13 P 2006-06-26 2011-03-15
21,694.65 FHLMC CMO FHRR R004-5.125% 12-15-13 P 2006-06-26 2011-10-17
41,478.7 FHLMC CMO FHRR R004-5.125% - 12/15/13 P 2006-06-26 2011-04-15
15,629.63 FHLMC CMO FHRR R004 - 5.125% 12/15/13 P 2006-06-26 2011-12-15
55130.10 FHLMC CMO FHRR R004 - 5.125% 12/15/13 P 2006-06-26 2011-01-18
50,327.42 FHLMC CMO FHRR R004 - 5.125% - 12/15/13 P 2006-06-26 2011-02-15
25,014.72 FHLMC CMO FHRR 5.125% 12-15-13 P 2006-06-26 2011-09-15
27,804.76 FHLMC CMO FHRR 5.125% - 12-15-13 P 2006-06-26 2011-08-15
34,202.70 FHLMC CMO FHRR 5.125% - 12-15-13 P 2006-06-26 2011-06-15
19,022.50 FHLMC CMO FHRR - 5.125% 12/15/13 P 2006-06-26 2011-11-15
37,489.38 FHLMC CMO FHRR 5.125% - 12-15-13 P 2006-06-26 2011-05-16
30,971.94 FHLMC CMO FHRR - 5.125% - 12/15/13 P 2006-06-26 2011-07-15
171,356.88 FHLMC CMO FHR 5.500% 10-15-30 P 2006-03-07 2011-10-17
196,488.97 FHLMC CMO FHR 5.500% 10-15-30 P 2006-03-07 2011-08-15
183,890.13 FHLMC CMO FHR 5.500% - 10-15-30 P 2006-03-07 2011-09-15
260,479.27 FHLMC CMO FHR 3033-5.500% -10/15-30 P 2006-03-07 2011-03-15
247,547.25 FHLMC CMO FHR 3033 5.500%-10/15/30 P 2006-03-07 2011-04-15
286546.66 FHLMC CMO FHR 3033 5.500% 10/15/30 P 2006-03-07 2011-01-18
221,884.85 FHLMC CMO FHR 3033 - 5.500% 10/15/30 P 2006-03-07 2011-06-15
146,485.86 FHLMC CMO FHR - 5.500% 10/15/30 P 2006-03-07 2011-12-15
158,888.00 FHLMC CMO FHR - 5.500% 10/15/30 P 2006-03-07 2011-11-15
234,682.56 FHLMC CMO FHR - 5.500% - 10-15-30 P 2006-03-07 2011-05-16
209,153.77 FHLMC CMO FHR - 5.500% - 10/15/30 P 2006-03-07 2011-07-15
273,478.95 FHLMC CMO FHR - 5.500% - 10/15/30 P 2006-03-07 2011-02-15
250,000 FHLB - 5.500% 9-8-16 P 2006-08-30 2011-09-08
500,000 FHLB - 4.250% - 6-10-11 - Matured P 2008-08-18 2011-06-10
750,000 FHLB - 4.080% - 2/11/15 - Called P 2008-01-30 2011-02-11
1,500 Exxon Mobil Corporation P 1982-04-29 2011-04-13
80 Exxon Mobil Corporation P 2002-07-19 2011-03-18
1,420 Exxon Mobil Corporation P 1982-04-29 2011-03-18
Enron Corp Class Action P 2010-01-01 2011-03-24
2,000 Emerson Electric P 1992-06-01 2011-08-29
200 Emerson Electric P 1992-06-01 2011-04-25
2,100 Emerson Electric P 2010-01-01 2011-04-25
1,700 Emerson Electric P 2010-01-01 2011-04-25
2,000 Eli Lilly & Co. P 2010-01-01 2011-03-11
2,000 Eli Lilly & Co. P 1997-09-11 2011-02-18
4,000 Eli Lilly & Co. P 1997-09-11 2011-02-01
2,000 DuPont E I De Nemours P 2005-03-16 2011-06-15
3,000 Danaher Corporation P 2005-12-21 2011-06-15
4,000 ConocoPhillips P 2010-01-01 2011-03-21
3,000 Chevron Corporation P 2010-01-01 2011-04-21
3,000 Chevron Corporation P 1996-11-15 2011-03-21
42,760.698 Black Rock Small Cap Growth- LTG P 2010-01-01 2011-12-08
1,000 Ball Corporation P 1982-04-29 2011-01-18
2,500 Automatic Data Processing P 2010-01-01 2011-12-12
1,000 Automatic Data Processing P 2010-01-01 2011-11-02
500 Automatic Data Processing P 2000-03-23 2011-04-25
1,000 Automatic Data Processing P 2010-01-01 2011-04-25
1,050 Automatic Data Processing P 2010-01-01 2011-04-25
1,450 Automatic Data Processing P 2010-01-01 2011-04-25
6,000 AT&T Inc. P 2010-01-01 2011-06-15
116,247.541 Artisan Midcap Value - LTG P 2010-01-01 2011-12-20
2,600 Abbot Labs P 2010-01-01 2011-12-12
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 400,000   400,000  
b 500,000   505,992 -5,992
c 114,198   60,814 53,384
d 63,919   30,407 33,512
e 130,187   60,814 69,373
65,237   30,407 34,830
260,522   52,787 207,735
140,249   114,415 25,834
3,285     3,285
2,108     2,108
2,363     2,363
68,729   86,543 -17,814
47,605   57,840 -10,235
47,605   60,078 -12,473
168,680   22,609 146,071
5,474     5,474
121,404   36,345 85,059
448,699   436,398 12,301
234,156   163,483 70,673
303,251   228,178 75,073
20,434   20,178 256
32,920   32,508 412
214,902   74,115 140,787
155,786   119,079 36,707
52,551   12,153 40,398
107,081   38,105 68,976
50,391   25,818 24,573
10     10
79,288   72,673 6,615
50,280   46,085 4,195
171,435   237,734 -66,299
73,486   118,505 -45,019
48,346   83,745 -35,399
77,354   142,884 -65,530
145,038   49,736 95,302
66,994   35,289 31,705
50,418   27,893 22,525
13,813   7,902 5,911
52,624   60,055 -7,431
77,223     77,223
1,391     1,391
493,382   759,614 -266,232
423,632   550,979 -127,347
101,838   111,663 -9,825
35,959   71,609 -35,650
29     29
184,607   78,506 106,101
66,981   57,398 9,583
92,873   71,748 21,125
60,569   43,049 17,520
231,723   50,052 181,671
176,367   42,901 133,466
90,878   57,398 33,480
135,600   86,097 49,503
87,681   19,564 68,117
59,849   14,673 45,176
64,289   14,673 49,616
96,977   52,564 44,413
167,678   91,982 75,696
31,362   14,193 17,169
247,411   165,208 82,203
70,967   54,989 15,978
487,478   46,941 440,537
11,987   1,169 10,818
38,709     38,709
3,589   3,612 -23
3,973   3,997 -24
3,359   3,380 -21
3,140   3,160 -20
3,569   3,591 -22
3,278   3,298 -20
4,150   4,176 -26
3,129   3,148 -19
2,955   2,973 -18
3,380   3,401 -21
3,959   3,984 -25
5,099   5,131 -32
12,701   2,003 10,698
12,660   2,003 10,657
35,824   5,342 30,482
35,919   5,341 30,578
37,001   5,341 31,660
22,581   3,338 19,243
27,134   4,006 23,128
18,301   2,671 15,630
18,036   2,671 15,365
13,617   2,003 11,614
450,000   686,733 -236,733
600,000   931,685 -331,685
4,289     4,289
2,871   2,874 -3
2,847   2,851 -4
2,968   2,972 -4
2,835   2,839 -4
2,919   2,923 -4
2,943   2,947 -4
2,956   2,959 -3
2,907   2,910 -3
2,931   2,935 -4
2,859   2,862 -3
2,883   2,886 -3
2,895   2,898 -3
4,408   4,305 103
2,672   2,610 62
3,989   3,896 93
3,158   3,084 74
4,803   4,691 112
4,441   4,338 103
3,320   3,243 77
2,790   2,725 65
3,231   3,156 75
3,393   3,314 79
3,287   3,210 77
3,167   3,093 74
12,468   12,437 31
12,599   12,567 32
12,533   12,502 31
12,932   12,900 32
12,865   12,833 32
13,068   13,035 33
12,731   12,699 32
13,256   13,223 33
12,403   12,372 31
12,798   12,766 32
12,665   12,633 32
13,000   12,967 33
250,000   250,000  
500,000   500,000  
750,000   750,000  
124,213   20,560 103,653
6,532   1,097 5,435
115,941   21,061 94,880
9,816     9,816
92,901   39,094 53,807
11,681   3,909 7,772
122,653   44,498 78,155
99,290   55,756 43,534
69,555   130,462 -60,907
69,179   136,529 -67,350
139,451   273,058 -133,607
99,070   103,460 -4,390
155,054   83,378 71,676
310,223   108,634 201,589
323,280   113,127 210,153
314,369   113,838 200,531
25,732     25,732
70,625   2,058 68,567
128,848   105,619 23,229
50,842   42,900 7,942
26,580   22,897 3,683
53,159   46,907 6,252
55,817   50,233 5,584
77,081   72,789 4,292
181,438   121,428 60,010
130,534     130,534
139,925   110,688 29,237
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a        
b       -5,992
c       53,384
d       33,512
e       69,373
      34,830
      207,735
      25,834
      3,285
      2,108
      2,363
      -17,814
      -10,235
      -12,473
      146,071
      5,474
      85,059
      12,301
      70,673
      75,073
      256
      412
      140,787
      36,707
      40,398
      68,976
      24,573
      10
      6,615
      4,195
      -66,299
      -45,019
      -35,399
      -65,530
      95,302
      31,705
      22,525
      5,911
      -7,431
      77,223
      1,391
      -266,232
      -127,347
      -9,825
      -35,650
      29
      106,101
      9,583
      21,125
      17,520
      181,671
      133,466
      33,480
      49,503
      68,117
      45,176
      49,616
      44,413
      75,696
      17,169
      82,203
      15,978
      440,537
      10,818
      38,709
      -23
      -24
      -21
      -20
      -22
      -20
      -26
      -19
      -18
      -21
      -25
      -32
      10,698
      10,657
      30,482
      30,578
      31,660
      19,243
      23,128
      15,630
      15,365
      11,614
      -236,733
      -331,685
      4,289
      -3
      -4
      -4
      -4
      -4
      -4
      -3
      -3
      -4
      -3
      -3
      -3
      103
      62
      93
      74
      112
      103
      77
      65
      75
      79
      77
      74
      31
      32
      31
      32
      32
      33
      32
      33
      31
      32
      32
      33
       
       
       
      103,653
      5,435
      94,880
      9,816
      53,807
      7,772
      78,155
      43,534
      -60,907
      -67,350
      -133,607
      -4,390
      71,676
      201,589
      210,153
      200,531
      25,732
      68,567
      23,229
      7,942
      3,683
      6,252
      5,584
      4,292
      60,010
      130,534
      29,237
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,935,525
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3 -5,992
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 3,825,874 81,276,742 0.04707
2009 4,425,642 75,039,084 0.05898
2008 4,983,695 90,306,961 0.05519
2007 4,682,875 102,961,125 0.04548
2006 4,672,356 97,011,929 0.04816
2 Total of line 1, column (d) ...................... 2 0.25488
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.05098
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 86,638,217
5 Multiply line 4 by line 3....................... 5 4,416,470
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 47,607
7 Add lines 5 and 6......................... 7 4,464,077
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,982,535
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 95,214
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 95,214
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 95,214
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 93,300
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 93,300
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,914
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletIN
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBALL ASSOCIATES Telephone no.bullet (765) 741-5500
    Located atbulletP O BOX 1408MUNCIEIN ZIP+4bullet47308
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    TAMARA S PHILLIPS Treasurer
    4.00     		0    
    7290 W CR 200 S
    YORKTOWN,IN47396
    NORMAN E BECK Executive Direc
    20.00     		42,000 3,213  
    3708 ALLEN COURT
    MUNCIE,IN47304
    THOMAS C BRACKEN Director
    1.00     		0    
    1713 N NORTH PARK AVE APT 3
    CHICAGO,IL60614
    RONALD K FAUQUHER Director
    1.00     		0    
    9001 W LONEBEECH DRIVE
    MUNCIE,IN47304
    JON H MOLL Director
    1.00     		0    
    2308 W WILSHIRE ROAD
    MUNCIE,IN47304
    ROBERT M SMITSON DIRECTOR
    1.00     		0    
    5200 W PINERIDGE RD
    MUNCIE,IN47304
    STEFAN S ANDERSON VP & Director
    1.00     		0    
    2705 W TWICKINGHAM DRIVE
    MUNCIE,IN47304
    JOAN McKEE Secretary & Dir
    1.00     		0    
    1012 N BRIAR ROAD
    MUNCIE,IN47304
    DOUGLAS J FOY Asst Treasurer
    1.00     		0    
    PO BOX 1515
    MUNCIE,IN47308
    JOSEPH F WIESE Director
    1.00     		0    
    5915 FIFE TRAIL
    CARMEL,IN46033
    FRANK A BRACKEN PRESIDENT & DIR
    2.00     		0    
    5150 PLANTATION DRIVE
    INDIANAPOLIS,IN46250
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    87,929,838
    b
    Average of monthly cash balances.......................
    1b
    27,743
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    87,957,581
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    87,957,581
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    1,319,364
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    86,638,217
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,331,911
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,331,911
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    95,214
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    95,214
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,236,697
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,236,697
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    4,236,697
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,982,535
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,982,535
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,982,535
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 4,236,697
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 3,714,953
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 3,982,535
    a Applied to 2010, but not more than line 2a 3,714,953
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 267,582
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		3,969,115
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    KRIS GROSS
    PO BOX 1408
    MUNCIE,IN47308
    (765) 741-5500
    bThe form in which applications should be submitted and information and materials they should include:
    DESCRIPTION OF PROJECT, BUDGET, COPY OF IRS EXEMPTION LETTER
    cAny submission deadlines:
    APPLICATIONS ACCEPTED ANYTIME
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MIDWEST & EDUCATIONAL MAJOR AREAS OF SUPPORT
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    MUNCIE COMMUNITY SCHOOLS - SOUTHVIEW
    2100 S FRANKLIN STREET
    MUNCIE,IN47302     		NA PC SMART BOARDS FOR 30 CLASSROOMS 87,650
    MUNCIE CHILDRENS MUSEUM
    515 S HIGH STREET
    MUNCIE,IN47305     		N/A PC RENOVATIONS OF TOT SPOT 25,000
    LEAD-ECI
    1208 W WHITE RIVER BLVD STE 100
    MUNCIE,IN47303     		N/A PC ENGAGEMENT IN THE NEXT SEASON 7,000
    IVY TECH FOUNDATION
    4301 S COWAN RD
    MUNCIE,IN47302     		NA EOF ACADEMIC SUCCESS CENTER 200,000
    DELAWARE COUNTY SHERIFFS OFFICE
    100 WEST WASHINGTON ST
    MUNCIE,IN47305     		NA PC D.A.R.E. PROGRAM 2,500
    DELAWARE COUNTY SOIL & WATER CONSERVATIO
    3641 N BRIARWOOD LANE
    MUNCIE,IN47304     		N/A PC PRAIRIE CREEK CONNECTOR TRAIL 25,000
    CORNERSTONE CENTER FOR THE ARTS
    520 E MAIN ST
    MUNCIE,IN47305     		NA PC GENERAL OPERATIONS 50,000
    BOYS & GIRLS CLUB OF MUNCIE
    1710 S MADISON ST
    MUNCIE,IN47302     		NA PC EDUCATION PROGRAM - POWER HOUR 7,500
    MOTIVATE OUR MINDS
    PO BOX 384
    MUNCIE,IN47308     		N/A PC RECREATIONAL LEARNING SITE 25,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    576 GEIGER DR SUITE B
    ROANOKE,IN46783     		N/A PC FULL-TIME STAFF PERSON 10,000
    MUNCIE CIVIC THEATER
    216 E MAIN STREET
    MUNCIE,IN47305     		N/A PC UNDERWRITE SCRIPTS/ROYALTIES/MUSIC 16,250
    ARTS PLACE INC
    PO BOX 804
    PORTLAND,IN47371     		N/A PC MUSICWORKS PROGRAM 40,000
    SECOND HARVEST FOOD BANK
    6621 N OLD ST RD 3
    MUNCIE,IN47303     		N/A PC ADDITIONAL FRESH PRODUCE 10,000
    COMMUNITY FDTN OF MUNCIE & DELAWARE CO
    PO BOX 807
    MUNCIE,IN47308     		NA PC TUHEY PARK & POOL 25,000
    BOY SCOUTS OF AMERICA
    300 S WALNUT ST
    MUNCIE,IN47305     		N/A PC MORE SCOUTS, MORE WAYS 25,000
    VSA OF INDIANA
    4105 NORTH WALNUT STREET
    MUNCIE,IN47303     		N/A PC WEEKLY ART ACTIVITIES 6,000
    UNITED WAY OF DELAWARE COUNTY INC
    PO BOX 968
    MUNCIE,IN47308     		N/A PC ANNUAL CAMPAIGN 200,000
    TEAMWORK FOR QUALITY LIVING
    PO BOX 468
    MUNCIE,IN47308     		N/A PC HELP PROGRAM GRADUATES WITH EMPLOYMENT 23,000
    RED-TAIL CONSERVANCY INC
    PO BOX 8
    MUNCIE,IN47308     		N/A PC OPERATIONS/LIVING LIGHTLY 20,000
    MUNCIE SYMPHONY ORCHESTRA
    1419 WEST MARSH STREET
    MUNCIE,IN47306     		N/A PC OPERATIONS & PICNIC & POPS EVENT 44,000
    MINNETRISTA CULTURAL FOUNDATION INC
    1200 N MINNETRISTA PARKWAY
    MUNCIE,IN47303     		N/A POF OPERATIONS 1,130,700
    KEUKA COLLEGE
    141 CENTRAL AVE
    KEUKA PARK,NY14478     		N/A PC GEORGE HARVEY BALL SCHOLARSHIP 50,000
    JR ACHIEVEMENT OF CENTRAL INDIANA
    7435 N KEYSTONE AVENUE
    INDIANAPOLIS,IN46240     		N/A PC IN-SCHOOL PROGRAMS-MUNCIE COMM 3,500
    INDIANA COUNCIL FOR ECONOMIC EDUCATION
    615 WEST STATE STREET
    WEST LAFAYETTE,IN47907     		N/A PC ECON CAMP 10,000
    GREATER MUNCIE IN HABITAT FOR HUMANITY
    PO BOX 1119
    MUNCIE,IN47308     		N/A PC 25TH ANNIVERSARY - HOPE FOR 25 FAMILIES 20,000
    FISHTOWN PRESERVATION SOCIETY INC
    PO BOX 721
    LELAND,MI49665     		N/A PC LAND PRESERVATION IN LELAND, MI 50,000
    ENERGIZE - ECI
    PO BOX 1912
    MUNCIE,IN47308     		N/A PC EB-5 VISA REGIONAL CENTER SUPPORT 55,000
    DELAWARE ADVANCEMENT CORPORATION
    PO BOX 842
    MUNCIE,IN47308     		N/A PC VISION 2011 AND BUSINESS EDUCATION PARTNERSHIP PROJECT 75,000
    COLLEGE MENTORS FOR KIDS
    212 W 10TH STREET
    INDIANAPOLIS,IN46202     		N/A PC BSU CHAPTER FOR PROGRAMMING 5,000
    CHRISTIAN MINISTRIES OF DELAWARE COUNTY
    PO BOX 1088
    MUNCIE,IN47308     		N/A PC SLEEPING ROOM 15,000
    BALL STATE UNIVERSITY FOUNDATION
    DEPARTMENT OF JOURNALISM
    MUNCIE,IN47306     		N/A EOF MIDWEST WRITER'S WORKSHOP 5,000
    BALL STATE UNIVERSITY FOUNDATION
    PO BOX 672
    MUNCIE,IN47306     		N/A EOF BOWEN CENTER FOR PUBLIC AFFAIRS 15,000
    BALL STATE UNIVERSITY FOUNDATION
    PO BOX 672
    MUNCIE,IN47308     		N/A EOF IMMERSIVE LEARNING/HONOR COLLEGE 1,617,000
    Total .................................bullet 3a 3,900,100
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 270  
    4 Dividends and interest from securities....     14 2,139,030  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 2,935,525  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   5,074,825  
    13Total. Add line 12, columns (b), (d), and (e)..................
    135,074,825
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID: 11000144
    Software Version: 2011v1.2


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BALL ASSOCIATES 40,876 40,876 40,876 0

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FT WAYNE AIR-ALLEN CNTY TAX 1-20 202,648 222,566
    UTAH ST RECAP TAX 7-19 256,725 281,717
    SOUTH BEND REDEV AUTH TAX 8-15 345,000 350,565
    ROYAL BANK OF CANADA 1-22 200,000 204,540
    BECTON DICKINSON 3.25% 11-20 235,118 258,902
    WAL-MART STORES 2-19 259,063 280,098
    200000 KNOX CNTY OH LTD 12-19 200,000 211,618
    300000 ARKANSAS WATER & WASTE DISP 7-18 301,857 331,050
    260000 HAMILTON SE SCH 1-18 262,405 274,625
    250000 EVANSVILLE SEWER WKS 7-17 250,000 267,795
    300000 MARYLAND ST DOT 6-17 300,915 326,607
    320000 BRUNSWICK CO NC 4-17 320,000 354,550
    IPS MULTI SCB TAXABLE 1-17 400,000 431,692
    JOHNSON CO ECON DEV 12-16 250,000 266,402
    HARLINGEN TEX SCH BAB 8-16 360,000 375,023
    WAUKESHA CNTY WI 4-14 452,457 467,532
    VANGUARD SHORT TERM INVEST ADMIRAL 1,056,385 1,050,988
    VANGUARD TOTAL BOND MARKET SIGNAL CLASS 1,150,000 1,165,822
    FEDERATED TOTAL RETURN BOND 900,000 918,118
    400,000 INDIANA UNIVERSITY COP TAXABLE 401,600 437,352
    400,000 IVY TECH COLLEGE TAXABLE 400,000 442,648
    150,000 PURDUE UNIVERSITY COP TAXABLE 150,000 166,820
    430,000 LAKE GENEVA WISC SCH TAXABLE 430,000 467,578
    245,000 FAIRFIELD CO SC GO TAXABLE 245,000 269,939
    250,000 PRAXAIR 9-15 250,937 267,432
    VANGUARD INFLATION PROTECTED 1,560,000 1,870,869
    500000 LOWES COMPANIES 10-15 482,765 560,390
    500000 ABBOTT LABORATORIES 3-14 496,316 540,725
    500000 BERKSHIRE HATHAWAY 5-13 503,550 525,920
    750000 PAR TARGET CORP NOTES 6-13 468,906 497,947
    600000 PAR PROCTER & GAMBLE 8-14 598,818 665,730
    300000 PAR OKLA CITY OK TAXABLE-FA 10-12 297,321 309,498
    600000 PAR JP MORGAN CHASE & CO 600,156 622,404
    265456 PAR FED NATL MTG ASN PTP 6-18 109,577 117,618
    350000 PAR FEDERAL HOME LN MTG CP 10-30 132,897 134,474
    332319 PAR FEDERAL HOME LOAN MTG 8-17 233,171 255,951
    193575 PAR FEDERAL HOME LOAN MTG 12-13 12,181 12,516
    750000 PAR CONOCOPHILLIPS CORP 748,480 772,395

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MFS NEW DISCOVERY iNTL 1,150,000 994,096
    AMERICAN EROPACIFIC GROWTH 500,000 422,503
    FRANKLIN SMALL CAP VALUE 1,030,000 919,957
    COVIDIEN ADR 163,730 135,030
    MATERIALS SECTOR SPDR 152,560 134,000
    XYLEM INC 298,805 256,900
    TARGET CORP 164,640 179,270
    OWENS & MINOR INC 101,706 100,044
    OMNICOM GROUP 108,955 133,740
    HENRY JACK & ASSOCIATES 282,509 302,490
    FLOWERS FOOD INC 175,573 185,055
    EXELIS INC 129,085 90,500
    CULLEN FROST BANKERS 175,092 158,730
    BUCKLE INC 189,123 183,915
    NOBLE CORPORATION 169,158 120,880
    ITT CORPORATION 99,717 96,650
    HCC INSURANCE HLDGS 311,166 302,500
    BED BATH & BEYOND 306,241 434,775
    ADOBE SYSTEMS INC 267,380 262,911
    TRANSOCEAN LTD 195,812 95,975
    NORTHERN SMALL CAP VALUE 550,000 851,135
    S&P 600 SMALL CAP GROWTH ISHARES 908,044 1,039,974
    S&P 600 SMALL CAP VALUE ISHARES 1,033,936 1,092,442
    ISHARES S&P SMALL CAP 600 149,795 233,586
    VF CORP 273,213 546,057
    3M COMPANY 149,476 163,460
    JM SMUCKER COMPANY 328,604 469,020
    MDU RES GROUP INC 352,100 397,010
    ECOLAB INC 245,639 416,232
    DONALDSON INC 162,289 374,440
    CHUBB CORP 380,847 588,370
    BECTON DICKINSON & CO 380,327 373,600
    BAXTER INTERNATIONAL INC 260,856 272,140
    BAKER HUGHES INC 311,334 389,120
    APACHE CORP 338,905 317,030
    ALLIANT CORP 253,109 419,045
    VANGUARD FTSE ALL WORLD EXUS ETF 4,428,173 3,580,990
    BLACK ROCK SMALL CAP GROWTH 900,000 942,873
    S&P 400 MIDCAP VALUE ISHARES 1,805,227 1,948,127
    S&P 400 MIDCAP GROWTH ISHARES 1,775,180 2,057,533
    COLUMBIA MIDCAP VALUE 1,200,000 1,236,424
    ROBERT HALF INTERNATIONAL    
    NORTHERN TR CORP 379,046 237,960
    ENDO PHARM HLDG INC 230,910 328,035
    BEST BUY COMPANY INC 323,378 198,645
    BANK OF NEW YORK MELLON CORP 327,232 199,100
    VANGUARD INTL GROWTH 3,450,000 2,809,010
    MSCI EAFE INDEX ISHARES 727,957 515,112
    FID ADV DIV INTL FUND 1,281,582 786,553
    DODGE & COX INTERNATIONAL STOCK 4,945,000 3,217,990
    ISHARES RUSSELL 2000 600,084 574,144
    S&P 400 MIDCAP SPDR 549,694 578,151
    NUVEEN MIDCAP GROWTH 1,900,000 1,994,249
    ARTISAN MID CAP VALUE FUND 2,220,000 2,290,077
    WELLS FARGO & CO    
    WAL-MART STORES 68,623 388,440
    VERIZON COMMUNICATIONS 225,311 401,200
    VECTREN CORP 335,949 423,220
    UNITED TECHNOLOGIES 158,266 1,023,260
    US BANCORP DEL 357,972 351,650
    SYSCO CORP 145,380 469,280
    STRYKER CORP 503,098 521,955
    STAPLES INC    
    SOUTHERN CO    
    SCHLUMBERGER LTD 326,731 853,875
    MSCI ACWI SPDR 3,285,285 2,374,418
    PROCTOR & GAMBLE 177,743 780,507
    T ROWE PRICE GROUP INC 464,322 854,250
    PFIZER INC    
    PEPSICO INC 260,521 729,850
    ORACLE CORP 263,720 333,450
    NVIDIA CORP 266,428 249,480
    MICROCHIP TECHNOLOGY 417,087 483,516
    MICROSOFT CORPORATION 462,772 519,200
    MEDTRONIC INCORPORATED 523,221 382,500
    MASCO CORP 151,319 94,320
    LOWE'S COMPANIES 310,488 710,640
    ELI LILLY & CO    
    KOHL'S CORP 612,069 567,525
    KIMBERLY CLARK 129,795 382,512
    JOHNSON & JOHNSON 107,253 491,850
    JP MORGAN CHASE & CO 247,001 299,250
    BIOTECHNOLOGY I SHARES 398,872 573,925
    IBM CORP 160,226 367,760
    INTEL CORP 97,820 485,000
    HEWLETT PACKARD    
    HARRIS CORP DEL 532,599 414,460
    GRACO INC 331,814 408,900
    GENERAL ELECTRIC    
    FIRST MERCHANTS CORP 86,799 550,550
    EXXON MOBIL 164,480 1,017,120
    EMERSON ELECTRIC 185,699 442,605
    DU PONT EL DE NEMOURS 213,552 274,680
    DANAHER CORP 293,371 517,440
    CONOCOPHILLIPS 174,494 510,090
    COLGATE PALMOLIVE CO 267,917 369,560
    CISCO SYSTEMS 757,025 630,992
    CHEVRON CORP 264,269 851,200
    BALL CORP 68,936 2,392,570
    AUTOMATIC DATA PROCESSING 312,647 864,160
    ABBOTT LABS 511,877 730,990
    AT&T INC 118,164 423,360
    ACCENTURE LTD 474,665 638,760

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    US Government Securities - End of Year Book Value:

    1,299,891
    US Government Securities - End of Year Fair Market Value:

    1,356,975
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2011 LandEtcSchedule2
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 15,065 14,533 532  
    Auto./Transportation Equip.       532


    TY 2011 OtherAssetsSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Rounding   1  


    TY 2011 OtherExpensesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 3,358 3,358 3,358  


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 236,287 236,287 236,287 0


    TY 2011 TaxesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON DIVIDENDS 33,331 33,331 33,331  
    FEDERAL TAXES 116,629