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
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
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 instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$88,529,080J 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 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 376 376 376
4 Dividends and interest from securities...... 2,207,067 2,207,067 2,207,067
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,878,188
b Gross sales price for all assets on line 6a 13,045,181
7 Capital gain net income (from Part IV, line 2)... 2,878,188
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........ 5,085,631 5,085,631 2,207,443
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,077     45,077
14 Other employee salaries and wages...... 39,615     39,615
15 Pension plans, employee benefits....... 26,303     26,303
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 58,968 58,968    
c Other professional fees (attach schedule).... Click to see attachment 235,873 235,873    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 95,053 26,839    
19 Depreciation (attach schedule) and depletion... Click to see attachment 284 284  
20 Occupancy.............. 35,688     35,688
21 Travel, conferences, and meetings....... 467     467
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 2,579 2,579    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 539,907 324,543   147,150
25 Contributions, gifts, grants paid........ 4,050,163 4,050,163
26 Total expenses and disbursements. Add lines 24 and 25 4,590,070 324,543   4,197,313
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 495,561
b Net investment income (if negative, enter -0-) 4,761,088
c Adjusted net income (if negative, enter -0-)... 2,207,443
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
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.......... 1,097,669 2,310,436 2,310,436
3 Accounts receivable bullet13,703
Less: allowance for doubtful accounts bullet   7,979 13,703 13,703
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) 1,299,891 Click to see attachment6,289,019 6,805,690
b Investments—corporate stock (attach schedule)........ 54,308,769 Click to see attachment52,497,095 66,810,379
c Investments—corporate bonds (attach schedule)........ 15,824,248 Click to see attachment11,926,170 12,588,624
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet       248
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet15,065
Less: accumulated depreciation (attach schedule) bullet14,817 532 Click to see attachment248  
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) 72,539,089 73,036,671 88,529,080
Liabilities 17 Accounts payable and accrued expenses.......... 1,216 3,237
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)    
23 Total liabilities (add lines 17 through 22).......... 1,216 3,237
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 40,570,566 41,066,127
30 Total net assets or fund balances (see page 17 of the
instructions).................... 72,537,873 73,033,434
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 72,539,089 73,036,671
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 72,537,873
2 Enter amount from Part I, line 27a..................... 2 495,561
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 73,033,434
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 73,033,434
Form 990-PF (2012)
Form 990-PF (2012)
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 1,000 Best Buy Company P 2011-12-22 2012-08-23
b 1,500 ITT Corporation P 2011-06-21 2012-01-18
c 1,000 Wal Mart Stores Inc. P 1990-08-10 2012-09-20
d 1,000 Wal Mart Stores Inc. P 1990-08-10 2012-03-07
e 400 VF Corporation P 2010-09-03 2012-12-10
600 VF Corporation P 2009-05-22 2012-10-15
Vanguard Total Bond Mkt. Signal Class - LTG P 2011-01-01 2012-12-27
105,983.802 Vanguard Total Bond Mkt. Signal Class - LTG P 2011-01-01 2012-04-04
Vanguard Total Bond Mkt Indx ETF - LTG P 2011-01-01 2012-12-31
7,441.86 Vanguard Short Term Invst. Admiral Class P 2010-06-23 2012-04-10
Vanguard Short Term Invest Adm. Class - LTG P 2011-01-01 2012-12-31
Vanguard Inflation Prot. Admiral Class - LTG P 2011-01-01 2012-12-21
4,000 Vanguard FTSE All Wrld EX-US ETF P 2008-05-13 2012-08-15
2,000 US Bancorp Del Com P 2011-01-01 2012-07-20
2,000 US Bancorp Del Com P 2004-09-23 2012-03-02
800 United Technologies Corp. P 1981-10-01 2012-12-10
1,100 United Technologies Corp. P 1981-10-01 2012-10-25
2,500 United Technologies Corp. P 1981-10-01 2012-09-20
1,000 United Technologies Corp. P 1981-10-01 2012-03-07
1,300 T.Rowe Price Group Inc. P 2005-08-17 2012-12-04
5,000 T.Rowe Price Group Inc. P 2005-03-22 2012-10-15
1,500 Sysco Corporation P 1995-09-15 2012-10-25
1,500 Sysco Corporation P 1995-09-15 2012-10-15
1,400 Stryker Corporation P 2005-09-21 2012-03-07
2,600 Schlumberger Ltd. P 1998-02-12 2012-12-03
800 Schlumberger Ltd. P 2003-01-22 2012-10-15
900 Schlumberger Ltd. P 2002-08-05 2012-10-15
400 Schlumberger Ltd. P 2002-07-24 2012-10-15
365,996.91 SBA GUAR POOL 5.110% 4-1-25 P 2008-09-02 2012-10-01
388,468.11 SBA Guar Pool 5.110% 4-1-25 P 2008-09-02 2012-04-02
1,200 Procter & Gamble Co. P 1992-02-27 2012-12-03
2,500 Procter & Gamble co. P 1992-02-27 2012-08-10
Proceeds fr JPMorgan/Enron-Victim Trust P 2011-01-01 2012-08-15
3,500 Phillips 66 P 2011-01-01 2012-05-21
400 Pepsico Inc. P 1990-10-29 2012-12-05
600 Pepsico Inc. P 1990-10-29 2012-08-10
1,000 Pepsico Inc. P 1990-10-29 2012-06-07
1,000 Pepsico Inc. P 1990-10-29 2012-03-06
300,000 Oklahoma City OK Tax 5.200%-10-1-12 P 2007-07-20 2012-10-01
Nuveen Midcap Growth - LTG P 2011-01-01 2012-12-18
Northern Small Cap Value - LTG P 2011-01-01 2012-12-21
Noble Corporation-Adj. rtn of capital P 2011-01-01 2012-07-27
Noble Corporation-Adj. rtn of capital P 2011-01-01 2012-07-27
2,000 Nasdaq Biotech Index ETF Ishares P 2006-09-06 2012-09-20
5,400 MSCI EAFE SPDR P 2011-01-01 2012-01-06
4,000 MSCI EAFE ETF Ishares P 2011-01-01 2012-05-31
1,000 MSCI EAFE ETF Ishares P 2006-11-22 2012-03-08
2,500 Microsoft Corporation P 1997-03-25 2012-12-04
5,000 Masco Corporation P 1993-02-24 2012-10-24
2,000 Masco Corporation P 2011-03-25 2012-10-24
2,000 Masco Corporation P 1993-02-24 2012-08-17
10,000 Lowe's Companies P 2011-01-01 2012-11-20
18,000 Lowes Companies P 1998-07-16 2012-04-17
1,000 JP Morgan Chase P 1992-02-27 2012-03-07
1,500 Johnson & Johnson P 1990-10-26 2012-12-03
3,500 ITT Corporation P 2011-01-01 2012-01-18
6,000 Intel Corporation P 1993-04-14 2012-10-15
Franklin Small Cap Value - LTG P 2011-01-01 2012-12-20
105,493.39 FNMA PTP Pool - 5.000% 6-1-18 P 2005-03-17 2012-02-27
99,333.37 FNMA PTP 9.000% - 6-1-18 P 2005-03-17 2012-04-25
84,761.97 FNMA PTP 5.000% 6-1-18 P 2005-03-17 2012-09-25
90,071.6 FNMA PTP 5.000% 6-1-18 P 2005-03-17 2012-07-16
81,955.07 FNMA PTP 5.000% - 6-1-18 P 2005-03-17 2012-10-25
93,028.03 FNMA PTP 5.000% - 6-1-18 P 2005-03-17 2012-06-25
108,896.44 FNMA PTP 5.000% - 6-1-18 P 2005-03-17 2012-01-25
79,557.74 FNMA PTP - 5.000% 6-1-18 P 2005-03-17 2012-11-26
87,534.06 FNMA PTP - 5.000% 6-1-18 P 2005-03-17 2012-08-27
95,875.37 FNMA PTP - 5.000% 6-1-18 P 2005-03-17 2012-05-25
102,438.67 FNMA PTP - 5.000% 6-1-18 P 2005-03-17 2012-03-26
76,626.89 FNMA PTP - 5.000% 6/1/18 P 2005-03-17 2012-12-27
2,000 First Merchants Corp. P 1983-03-28 2012-11-29
2,000 First Merchants Corp. P 1983-03-28 2012-10-31
2,500 First Merchants Corp. P 1983-03-28 2012-09-26
2,500 First Merchants Corp. P 1983-03-28 2012-07-31
1,059 First Merchants Corp. P 1983-03-28 2012-07-11
1,441 First Merchants Corp. P 1983-03-28 2012-07-10
2,500 First Merchants Corp. P 1983-03-28 2012-06-26
3,000 First Merchants Corp. P 1983-03-28 2012-06-18
2,000 First Merchants Corp. P 1983-03-28 2012-04-03
2,000 First Merchants Corp. P 1983-03-28 2012-03-26
3,000 First Merchants Corp. P 1983-03-28 2012-03-01
3,000 First Merchants Corp. P 1983-03-28 2012-02-01
3,000 First Merchants Corp. P 1983-03-28 2012-01-19
4,000 First Merchants Corp. P 1983-03-28 2012-01-06
19,116.983 Fidelity Advisor Diversified Intl Class P 2007-12-27 2012-03-27
9,000 Fidelity Advisor Diversified Intl Class P 2007-12-27 2012-03-08
28,673.834 Fidelity Advisor Diversified Intl Class P 2011-01-01 2012-01-09
214,810.69 FHLMC FHR 3203 VA CMO 5.000%8-15-17 P 2007-12-06 2012-07-16
229,899.42 FHLMC FHR 3203 VA CMO 5.000% 8-17 P 2007-12-06 2012-02-15
202,511.81 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2012-11-15
205,605.73 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2012-10-15
208,686.82 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2012-09-17
217,853.59 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2012-06-15
220,883.86 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2012-05-15
223,901 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2012-04-16
226,906.72 FHLMC FHR 3203 VA CMO 5.000% 8-15-17 P 2007-12-06 2012-03-15
211,755.12 FHLMC FHR 3203 VA CMO 5% 8-15-17 P 2007-12-06 2012-08-15
199,404.99 FHLMC FHR 3203 VA CMO - 5.000% 8/15/17 P 2007-12-06 2012-12-17
232,879.7 FHLMC FHR 3203 - 5.000% 8/15/17 P 2007-12-06 2012-01-17
6,193.17 FHLMC CMO FHRR R004 - 5.125% 12-15-13 P 2006-06-26 2012-03-15
2,568.27 FHLMC CMO FHRR 5.125% 12-15-13 P 2006-06-26 2012-04-16
9,276.06 FHLMC CMO FHRR - 5.125% 12-15-13 P 2006-06-26 2012-02-15
12,471.65 FHLMC CMO FHRR - 5.125% 12/15/13 P 2006-06-26 2012-01-17
21,442.26 FHLMC CMO FHR 5.500% 10-15-30 P 2006-03-07 2012-06-15
67,327.11 FHLMC CMO FHR 5.500% 10-15-30 P 2006-03-07 2012-04-16
92,032.53 FHLMC CMO FHR 3033 - 5.500% 10/15/30 P 2006-03-07 2012-03-15
133,229.59 FHLMC CMO FHR - 5.500%, 10/15/30 P 2006-03-07 2012-01-17
42,409.13 FHLMC CMO FHR - 5.500% 10-15-30 P 2006-03-07 2012-05-15
111,281.98 FHLMC CMO FHR - 5.500% 10-15-30 P 2006-03-07 2012-02-15
600,000 FHLB - 5.750% 5-15-12 - Matured P 2006-03-03 2012-05-15
Federated Total Return Bond - LTG P 2011-01-01 2012-12-31
315,000 Federal Farm Cr. Bk. -1-12-18 - Called P 2011-01-18 2012-01-25
500 Exxon Mobil Corporation P 1982-04-29 2012-08-23
1,000 Exxon Mobil Corporation P 1982-04-29 2012-07-20
1,000 Exxon Mobil Corporation P 1982-04-29 2012-03-07
7,000 Exelis Inc. P 2011-01-01 2012-01-18
9,500 Endo Health Solutions Inc. P 2011-01-01 2012-05-11
6,500 Emerson Electric P 1992-06-01 2012-11-20
3,000 Emerson Electric P 1992-06-01 2012-10-25
1,300 Ecolab Inc. P 2009-02-23 2012-12-04
12,339.99 Dodge & Cox International P 2007-10-18 2012-12-27
9,541.984 Dodge & Cox International P 2011-01-01 2012-08-15
14,144.272 Dodge & Cox International P 2007-10-11 2012-05-30
3,000 Danaher Corporation P 2005-12-21 2012-10-15
750,000 ConocoPhillips Corp-4.750%-10-15-12 P 2006-12-20 2012-10-15
700 Chevron Corporation P 2011-01-01 2012-12-05
700 Chevron P 2011-01-01 2012-03-07
Black Rock Small Cap Growth - LTG P 2011-01-01 2012-12-10
2,000 Best Buy Company P 2009-09-24 2012-08-23
3,000 Best Buy Company P 2011-01-01 2012-07-27
2,500 Best Buy Company P 2008-04-18 2012-02-13
500 Automatic Data Processing P 2011-01-01 2012-12-05
1,700 Automatic Data Processing P 2011-01-01 2012-08-17
2,500 Automatic Data Processing P 2011-01-01 2012-07-20
1,500 Automatic Data Processing P 2011-01-01 2012-03-07
Artisan Midcap Value - LTG P 2011-01-01 2012-12-21
1,200 Alliant Corporation P 2009-05-19 2012-12-04
500 Accenture P 2008-08-15 2012-12-05
1,600 Accenture P 2011-01-01 2012-10-25
1,800 Accenture P 2007-07-06 2012-08-17
500,000 Abbott Labs Com P 2008-08-19 2012-12-10
2,000 Abbott Labs Com P 2003-08-06 2012-10-15
700 Abbott Labs Com P 2004-05-06 2012-07-20
1,300 Abbott Labs Com P 2003-11-28 2012-07-20
3,000 Exelis Inc. P 2011-06-21 2012-01-18
(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 17,944   23,020 -5,076
b 32,847   32,829 18
c 73,898   10,557 63,341
d 59,409   10,557 48,852
e 59,452   30,180 29,272
98,512   32,977 65,535
4,973     4,973
530     530
3,689     3,689
80,000   79,702 298
2,923     2,923
18,702     18,702
169,477   230,840 -61,363
67,235   56,831 10,404
58,621   57,623 998
64,751   9,044 55,707
84,907   12,435 72,472
204,837   28,262 176,575
82,589   11,305 71,284
82,370   41,810 40,560
319,137   150,157 168,980
46,035   13,629 32,406
47,159   13,630 33,529
72,631   70,918 1,713
184,966   77,079 107,887
58,176   14,548 43,628
65,448   16,839 48,609
29,088   7,864 21,224
37,434   36,966 468
22,471   22,190 281
83,585   18,230 65,355
166,569   37,979 128,590
15,860     15,860
110,745   41,831 68,914
27,947   9,473 18,474
43,157   14,210 28,947
67,709   23,684 44,025
62,209   23,684 38,525
300,000   297,321 2,679
153,248     153,248
23,289     23,289
    557 -557
    571 -571
285,166   145,044 140,122
265,513   390,693 -125,180
190,796   265,634 -74,838
54,339   71,630 -17,291
65,867   52,780 13,087
76,464   87,700 -11,236
30,586   28,540 2,046
27,798   35,080 -7,282
345,336   108,614 236,722
577,746   201,874 375,872
39,839   28,699 11,140
104,281   21,451 82,830
76,644   66,887 9,757
130,202   29,346 100,856
31,720     31,720
3,055   3,074 -19
3,458   3,480 -22
2,807   2,824 -17
2,538   2,553 -15
2,397   2,412 -15
2,956   2,975 -19
3,403   3,424 -21
2,931   2,949 -18
2,772   2,789 -17
2,847   2,865 -18
3,105   3,125 -20
2,490   2,506 -16
26,492   2,671 23,821
28,516   2,671 25,845
39,004   3,338 35,666
34,701   3,338 31,363
13,385   1,414 11,971
18,226   1,924 16,302
29,919   3,338 26,581
35,558   4,006 31,552
23,943   2,671 21,272
23,963   2,671 21,292
33,369   4,006 29,363
29,407   4,006 25,401
27,066   4,006 23,060
36,315   5,341 30,974
299,753   422,868 -123,115
138,869   199,080 -60,211
400,000   659,634 -259,634
3,056   3,059 -3
2,993   2,996 -3
3,107   3,111 -4
3,094   3,098 -4
3,081   3,085 -4
3,043   3,047 -4
3,030   3,034 -4
3,018   3,021 -3
3,005   3,009 -4
3,068   3,072 -4
3,120   3,124 -4
2,980   2,984 -4
3,625   3,541 84
2,568   2,508 60
3,083   3,011 72
3,196   3,121 75
21,442   21,389 53
24,918   24,856 62
24,705   24,644 61
21,948   21,893 55
20,967   20,914 53
19,249   19,201 48
600,000   600,000  
16,263     16,263
315,000   315,000  
43,524   6,853 36,671
85,490   13,707 71,783
85,878   13,707 72,171
69,987   86,587 -16,600
317,487   230,910 86,577
313,340   127,057 186,283
143,592   58,642 84,950
93,465   41,980 51,485
426,717   613,051 -186,334
300,000   476,482 -176,482
400,000   710,467 -310,467
168,624   83,378 85,246
750,000   750,000  
73,904   23,854 50,050
76,677   24,440 52,237
63,074     63,074
35,888   75,795 -39,907
53,193   115,674 -62,481
62,824   108,890 -46,066
28,619   7,699 20,920
99,389   26,176 73,213
141,005   67,680 73,325
81,254   60,195 21,059
103,937     103,937
53,067   29,158 23,909
34,775   20,463 14,312
106,939   68,029 38,910
110,323   77,487 32,836
525,530   497,790 27,740
142,874   72,826 70,048
45,563   29,128 16,435
84,617   54,409 30,208
29,995   42,498 -12,503
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       -5,076
b       18
c       63,341
d       48,852
e       29,272
      65,535
      4,973
      530
      3,689
      298
      2,923
      18,702
      -61,363
      10,404
      998
      55,707
      72,472
      176,575
      71,284
      40,560
      168,980
      32,406
      33,529
      1,713
      107,887
      43,628
      48,609
      21,224
      468
      281
      65,355
      128,590
      15,860
      68,914
      18,474
      28,947
      44,025
      38,525
      2,679
      153,248
      23,289
      -557
      -571
      140,122
      -125,180
      -74,838
      -17,291
      13,087
      -11,236
      2,046
      -7,282
      236,722
      375,872
      11,140
      82,830
      9,757
      100,856
      31,720
      -19
      -22
      -17
      -15
      -15
      -19
      -21
      -18
      -17
      -18
      -20
      -16
      23,821
      25,845
      35,666
      31,363
      11,971
      16,302
      26,581
      31,552
      21,272
      21,292
      29,363
      25,401
      23,060
      30,974
      -123,115
      -60,211
      -259,634
      -3
      -3
      -4
      -4
      -4
      -4
      -4
      -3
      -4
      -4
      -4
      -4
      84
      60
      72
      75
      53
      62
      61
      55
      53
      48
       
      16,263
       
      36,671
      71,783
      72,171
      -16,600
      86,577
      186,283
      84,950
      51,485
      -186,334
      -176,482
      -310,467
      85,246
       
      50,050
      52,237
      63,074
      -39,907
      -62,481
      -46,066
      20,920
      73,213
      73,325
      21,059
      103,937
      23,909
      14,312
      38,910
      32,836
      27,740
      70,048
      16,435
      30,208
      -12,503
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 2,878,188
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 instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 -17,561
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))
2011 3,982,535 86,638,217 0.04597
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
2 Total of line 1, column (d) ...................... 2 0.25269
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 0.05054
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 86,687,864
5 Multiply line 4 by line 3....................... 5 4,380,945
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 47,611
7 Add lines 5 and 6......................... 7 4,428,556
8 Enter qualifying distributions from Part XII, line 4.............. 8 4,197,313
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.
Form 990-PF (2012)
Form 990-PF (2012)
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 95,222
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 95,222
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 95,222
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 95,222
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 95,222
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  
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 2013 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 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 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    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 2012, 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 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 (2012)
    Form 990-PF (2012)
    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 2012?.............
    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 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    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 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 2012 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 2012.)....................
    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 2012?
    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 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 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 (2012)
    Form 990-PF (2012)
    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 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     		45,077 3,448  
    3708 ALLEN COURT
    MUNCIE,IN47304
    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
    1.00     		0    
    5150 PLANTATION DRIVE
    INDIANAPOLIS,IN46250
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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 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 (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 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
    87,934,868
    b
    Average of monthly cash balances.......................
    1b
    73,116
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    88,007,984
    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
    88,007,984
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,320,120
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    86,687,864
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,334,393
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,334,393
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    95,222
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    95,222
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,239,171
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,239,171
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    4,239,171
    Part XII
    Qualifying Distributions (see 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
    4,197,313
    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
    4,197,313
    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 instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,197,313
    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 (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 4,239,171
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 3,969,115
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 4,197,313
    a Applied to 2011, but not more than line 2a 3,969,115
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 228,198
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012.    
    (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 instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		4,010,973
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2012, 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) 2012 (b) 2011 (c) 2010 (d) 2009
             
    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 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 or e-mail 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 (2012)
    Form 990-PF (2012)
    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
    IVY TECH FOUNDATION
    4301 S COWAN ROAD
    MUNCIE,IN47302     		  PUB UNIV ASSOCIATE FACULTY DEVELOPMENT INST 200,000
    DELAWARE COUNTY SHERIFFS OFFICE
    100 WEST WASHINGTON ST
    MUNCIE,IN47305     		  PC D.A.R.E. PROGRAM 2,500
    YWCA OF MUNCIE
    310 EAST CHARLES ST
    MUNCIE,IN47305     		  PC ELEVATOR REPAIR/CHIMNEY/FRONT PATIO REPAIRS 49,365
    UNITED NEGRO COLLEGE FUND
    3737 N MERIDIAN ST STE 203
    INDIANAPOLIS,IN46208     		  PC INDIANA 2011/2012 ANNUAL CAMPAIGN 5,000
    RILEY CHILDRENS FOUNDATION
    30 S MERIDIAN ST SUITE 200
    INDIANAPOLIS,IN46204     		  PC LUKE B WIESE FUND JUVENILE DIABETES 50,000
    PSI IOTA XI SORORITY ALPHA CHAPTER
    7305 W RIVER ROAD
    YORKTOWN,IN47396     		  PC BUILDING REPAIRS 15,000
    MUNCIE PUBLIC LIBRARY
    2005 S HIGH STREET
    MUNCIE,IN47303     		  PC CONNECTION CORNER EQUIPMENT/SUPPLIES 15,990
    MUNCIE DOWNTOWN DEVELOPMENT PTNSHP
    111 E ADAMS ST
    MUNCIE,IN47305     		  PC THREE TRAILS MUSIC SERIES 20,000
    MASTERWORKS CHORALE
    520 EAST MAIN ST
    MUNCIE,IN47305     		  PC FALL 2012 CONCERT 2,500
    CENTRAL INDIANA COMMUNITY FOUNDATION
    615 N ALABAMA ST
    INDIANAPOLIS,IN46204     		  PC WINGS TO FLY SCHOLARSHIP 5,000
    BIG BROTHERS BIG SISTERS
    220 N WALNUT ST
    MUNCIE,IN47305     		N/A PC EXTERIOR BUILDING REPAIR 14,308
    DELAWARE COUNTY SOIL & WATER CONSERVATIO
    3641 N BRIARWOOD LANE
    MUNCIE,IN47304     		N/A PC CASH MATCH - IDEM ENVIR PROBLEMS 25,000
    CORNERSTONE CENTER FOR THE ARTS
    520 E MAIN ST
    MUNCIE,IN47305     		NA PC GENERAL OPERATIONS 60,000
    MUNCIE CIVIC THEATER
    216 E MAIN STREET
    MUNCIE,IN47305     		N/A PC UNDERWRITE SCRIPTS/ROYALTIES/MUSIC 25,000
    ARTS PLACE INC
    PO BOX 804
    PORTLAND,IN47371     		N/A PC MUSICWORKS PROGRAM 25,000
    SECOND HARVEST FOOD BANK
    6621 N OLD ST RD 3
    MUNCIE,IN47303     		N/A PC 26' REFRIGERATED BOX TRUCK 20,000
    COMMUNITY FDTN OF MUNCIE & DELAWARE CO
    PO BOX 807
    MUNCIE,IN47308     		NA PC B5 EARLY CHILDHOOD INITIATIVE 75,000
    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 ART FOR CHILDREN WITH DISABILITIES 6,000
    UNITED WAY OF DELAWARE COUNTY INC
    PO BOX 968
    MUNCIE,IN47308     		N/A PC ANNUAL CAMPAIGN 200,000
    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/ENDOWMENT 1,210,500
    KEUKA COLLEGE
    141 CENTRAL AVE
    KEUKA PARK,NY14478     		N/A PC GEORGE HARVEY BALL SCHOLARSHIP 50,000
    GREATER MUNCIE IN HABITAT FOR HUMANITY
    PO BOX 1119
    MUNCIE,IN47308     		N/A PC ACQUISITION OF PROPERTY 25,000
    ENERGIZE - ECI
    PO BOX 1912
    MUNCIE,IN47308     		N/A PC OPERATIONAL SUPPORT 75,000
    DELAWARE ADVANCEMENT CORPORATION
    PO BOX 842
    MUNCIE,IN47308     		N/A PC VISION 2016 AND FAFSA WORKSHOPS 65,000
    COLLEGE MENTORS FOR KIDS
    212 W 10TH STREET
    INDIANAPOLIS,IN46202     		N/A PC BSU CHAPTER EXPANSION 5,000
    CHRISTIAN MINISTRIES OF DELAWARE COUNTY
    PO BOX 1088
    MUNCIE,IN47308     		N/A PC MEN'S SHELTER 15,000
    BALL STATE UNIVERSITY FOUNDATION
    DEPARTMENT OF JOURNALISM
    MUNCIE,IN47306     		N/A EOF FRANK & JUDY BRACKEN SCHOLARSHIP 20,000
    BALL STATE UNIVERSITY FOUNDATION
    PO BOX 672
    MUNCIE,IN47306     		N/A EOF BSU PLANETARIUM - HYBRID STAR PROJECTOR 100,000
    BALL STATE UNIVERSITY FOUNDATION
    PO BOX 672
    MUNCIE,IN47308     		N/A EOF IMMERSIVE LEARNING/HONOR COLLEGE 1,580,000
    Total .................................bullet 3a 4,050,163
    bApproved for future payment
    MUNCIE SYMPHONY ORCHESTRA
    1419 WEST MARSH STREET
    MUNCIE,IN47306     		  PC OPERATIONS 35,000
    MINNETRISTA CULTURAL FOUNDATION INC
    1200 N MINNETRISTA PARKWAY
    MUNCIE,IN47303     		  PC ENDOWMENT FUND 150,000
    IVY TECH FOUNDATION
    4301 S COWAN ROAD
    MUNCIE,IN47302     		  PUB UNIV ACADEMIC SUCCESS CENTER 600,000
    DELAWARE ADVANCEMENT CORP
    PO BOX 842
    MUNCIE,IN47308     		  PC VISION 2016 240,000
    BALL STATE UNIVERSITY FOUNDATION
    PO BOX 672
    MUNCIE,IN47308     		  ST UNIV IMMERSIVE LEARNING/HONORS COLLEGE/BRACKEN SCHOLARSHIP 2,738,000
    Total .................................bullet 3b 3,763,000
    Form 990-PF (2012)
    Form 990-PF (2012)
    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 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     14 376  
    4 Dividends and interest from securities....     14 2,207,067  
    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 2,878,188  
    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)..   5,085,631  
    13Total. Add line 12, columns (b), (d), and (e)..................
    135,085,631
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID: 12000229
    Software Version: 2012v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BALL ASSOCIATES 58,968 58,968 0 0

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD SHORT TERM INVEST ADMIRAL 976,683 989,160
    VANGUARD TOTAL BOND MKT SIGNAL CLS 2,000,000 2,021,417
    VANGUARD TOTAL BOND MKT INDEX ETF 1,210,057 1,201,629
    COLUMBIA HIGH YIELD BOND 1,000,000 1,014,649
    ROYAL BANK OF CANADA 1-22 200,000 208,140
    BECTON DICKINSON 3.25% 11-20 236,787 268,358
    WAL-MART STORES 2-19 257,768 284,460
    VANGUARD SHORT TERM INVEST ADMIRAL    
    VANGUARD TOTAL BOND MARKET SIGNAL CLASS    
    FEDERATED TOTAL RETURN BOND 1,300,000 1,325,146
    250,000 PRAXAIR 9-15 250,937 266,873
    VANGUARD INFLATION PROTECTED 1,560,000 1,926,907
    500000 LOWES COMPANIES 10-15 487,314 558,550
    500000 ABBOTT LABORATORIES 3-14    
    500000 BERKSHIRE HATHAWAY 5-13 503,550 507,750
    750000 PAR TARGET CORP NOTES 6-13 472,969 482,353
    600000 PAR PROCTER & GAMBLE 8-14 598,818 644,442
    600000 PAR JP MORGAN CHASE & CO 600,156 600,000
    265456 PAR FED NATL MTG ASN PTP 6-18 74,600 80,567
    350000 PAR FEDERAL HOME LN MTG CP 10-30    
    332319 PAR FEDERAL HOME LOAN MTG 8-17 196,531 208,223
    193575 PAR FEDERAL HOME LOAN MTG 12-13    
    750000 PAR CONOCOPHILLIPS CORP    

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD REIT INDEX ETF 848,788 842,240
    NASDAQ BIOTECH INDEX ETF ISHARES 253,827 480,270
    QUALCOMM INCORPORATED 268,899 265,996
    NUCOR CORP 119,897 129,480
    HONEYWELL INTL INC 192,839 190,410
    EMC CORPORATION 151,467 151,800
    BANK OF NEW YORK MELLON CORP 327,232 257,000
    APPLE COMPUTER INC 187,749 159,652
    MFS NEW DISCOVERY iNTL 1,475,000 1,576,057
    AMERICAN EROPACIFIC GROWTH 1,700,000 1,830,359
    FRANKLIN SMALL CAP VALUE 1,030,000 1,045,108
    COVIDIEN ADR 324,730 346,440
    MATERIALS SECTOR SPDR 152,560 150,160
    XYLEM INC 298,805 271,000
    TARGET CORP 216,750 266,265
    OWENS & MINOR INC 159,108 159,656
    OMNICOM GROUP 108,955 149,880
    HENRY JACK & ASSOCIATES 397,569 475,046
    FLOWERS FOOD INC 229,111 290,875
    EXELIS INC    
    CULLEN FROST BANKERS 175,092 162,810
    BUCKLE INC 312,491 343,728
    NOBLE CORPORATION 276,890 243,740
    ITT CORPORATION    
    HCC INSURANCE HLDGS 311,166 409,310
    BED BATH & BEYOND 306,241 419,325
    ADOBE SYSTEMS INC 267,380 350,424
    TRANSOCEAN LTD 195,812 111,650
    NORTHERN SMALL CAP VALUE 550,000 931,763
    S&P 600 SMALL CAP GROWTH ISHARES 908,044 1,173,619
    S&P 600 SMALL CAP VALUE ISHARES 1,033,936 1,267,051
    ISHARES S&P SMALL CAP 600 CORE 149,795 267,102
    VF CORP 210,056 498,201
    3M COMPANY 243,346 278,550
    JM SMUCKER COMPANY 328,604 517,440
    MDU RES GROUP INC 373,669 414,180
    ECOLAB INC 203,658 424,210
    DONALDSON INC 162,289 361,240
    CHUBB CORP 380,847 640,220
    BECTON DICKINSON & CO 380,327 390,950
    BAXTER INTERNATIONAL INC 260,856 366,630
    BAKER HUGHES INC 377,269 392,138
    APACHE CORP 418,761 353,250
    ALLIANT CORP 266,954 408,363
    VANGUARD FTSE ALL WORLD EXUS ETF 4,486,956 4,246,286
    BLACK ROCK SMALL CAP GROWTH 900,000 928,335
    S&P 400 MIDCAP VALUE ISHARES 2,205,962 2,669,761
    S&P 400 MIDCAP GROWTH ISHARES 2,184,715 2,796,180
    COLUMBIA MIDCAP VALUE 1,200,000 1,430,430
    NORTHERN TR CORP 379,046 300,960
    ENDO PHARM HLDG INC    
    BEST BUY COMPANY INC    
    BANK OF NEW YORK MELLON CORP    
    VANGUARD INTL GROWTH 3,550,000 3,417,354
    MSCI EAFE INDEX ISHARES    
    FID ADV DIV INTL FUND    
    DODGE & COX INTERNATIONAL STOCK 3,145,000 2,564,335
    ISHARES RUSSELL 2000 600,084 656,414
    S&P 400 MIDCAP SPDR 549,694 673,199
    NUVEEN MIDCAP GROWTH 1,900,000 2,139,373
    ARTISAN MID CAP VALUE FUND 2,220,000 2,416,786
    WAL-MART STORES 47,508 307,035
    VERIZON COMMUNICATIONS 225,311 432,700
    VECTREN CORP 335,949 411,600
    UNITED TECHNOLOGIES 97,221 705,286
    US BANCORP DEL 243,518 287,460
    SYSCO CORP 118,121 411,580
    STRYKER CORP 432,180 498,862
    SCHLUMBERGER LTD 210,401 540,529
    MSCI ACWI SPDR 3,285,285 2,685,612
    PROCTOR & GAMBLE 121,534 543,120
    T ROWE PRICE GROUP INC 272,355 566,519
    PEPSICO INC 189,470 547,440
    ORACLE CORP 263,720 433,160
    NVIDIA CORP 266,428 220,680
    MICROCHIP TECHNOLOGY 417,087 430,188
    MICROSOFT CORPORATION 409,993 467,420
    MEDTRONIC INCORPORATED 523,221 410,200
    MASCO CORP    
    LOWE'S COMPANIES    
    KOHL'S CORP 612,069 494,270
    KIMBERLY CLARK 129,795 439,036
    JOHNSON & JOHNSON 85,803 420,600
    JP MORGAN CHASE & CO 218,302 351,753
    BIOTECHNOLOGY I SHARES    
    IBM CORP 160,226 383,100
    INTEL CORP 68,474 288,680
    HARRIS CORP DEL 602,154 636,480
    GRACO INC 331,814 514,900
    FIRST MERCHANTS CORP 41,396 460,040
    EXXON MOBIL 130,213 822,225
    EMERSON ELECTRIC    
    DU PONT EL DE NEMOURS 213,552 269,871
    DANAHER CORP 209,993 447,200
    CONOCOPHILLIPS 132,663 405,930
    COLGATE PALMOLIVE CO 267,917 418,160
    CISCO SYSTEMS 757,025 685,764
    CHEVRON CORP 215,976 713,724
    BALL CORP 68,936 2,998,250
    AUTOMATIC DATA PROCESSING 150,897 557,914
    ABBOTT LABS 355,513 589,500
    AT&T INC 118,164 471,940
    ACCENTURE LTD 308,685 538,650

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    US Government Securities - End of Year Book Value:

    324,456
    US Government Securities - End of Year Fair Market Value:

    369,847
    State & Local Government Securities - End of Year Book Value:


    5,964,563
    State & Local Government Securities - End of Year Fair Market Value:


    6,435,843


    TY 2012 LandEtcSchedule2
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 15,065 14,817 248  


    TY 2012 OtherExpensesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 2,579 2,579    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 235,873 235,873 0 0


    TY 2012 TaxesSchedule
    Name:
    GEORGE AND FRANCES BALL FOUNDATION
    EIN: 35-6033917
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON DIVIDENDS 26,839 26,839    
    FEDERAL TAXES 68,214