Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
BALL BROTHERS 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 or province, country, and ZIP or foreign postal code
MUNCIE, IN47308
A Employer identification number

35-0882856
B Telephone number (see instructions)

(765) 741-5500
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$169,274,654J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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
Sch. B ...............
3 Interest on savings and temporary cash investments 22 22 22
4 Dividends and interest from securities...... 2,681,878 2,681,878 2,681,878
5a Gross rents.............. 33,109 33,109 33,109
b Net rental income or (loss) 23,032
6a Net gain or (loss) from sale of assets not on line 10 25,531,885
b Gross sales price for all assets on line 6a 124,770,717
7 Capital gain net income (from Part IV, line 2)... 25,531,885
8 Net short-term capital gain......... 1,583,863
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)....... Click to see attachment 712,182 118,074 118,074
12 Total. Add lines 1 through 11........ 28,959,076 28,364,968 4,416,946
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 173,768     173,768
14 Other employee salaries and wages...... 265,504     265,504
15 Pension plans, employee benefits....... 137,087     137,087
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 115,891 115,891 115,891  
c Other professional fees (attach schedule).... Click to see attachment 685,353 676,615 676,615 8,738
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 631,381 37,381 37,381  
19 Depreciation (attach schedule) and depletion... Click to see attachment 19,883 19,883 19,883
20 Occupancy.............. 75,739 18,935 18,935 56,804
21 Travel, conferences, and meetings....... 26,295     26,295
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 270,549 266,863 266,863 3,686
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,401,450 1,135,568 1,135,568 671,882
25 Contributions, gifts, grants paid........ 6,745,000 6,745,000
26 Total expenses and disbursements. Add lines 24 and 25 9,146,450 1,135,568 1,135,568 7,416,882
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 19,812,626
b Net investment income (if negative, enter -0-) 27,229,400
c Adjusted net income (if negative, enter -0-)... 3,281,378
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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.......... 1,922,084 5,397,846 5,397,846
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 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) 11,083,217 Click to see attachment12,099,923 12,266,585
b Investments—corporate stock (attach schedule)........ 77,412,726 Click to see attachment93,617,420 123,722,441
c Investments—corporate bonds (attach schedule)........ 21,153,394 Click to see attachment20,904,212 21,419,909
11 Investments—land, buildings, and equipment: basis bullet283,022
Less: accumulated depreciation (attach schedule) bullet184,502 108,597 Click to see attachment98,520 415,000
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 6,627,467 Click to see attachment6,006,083 6,036,673
14 Land, buildings, and equipment: basis bullet163,835
Less: accumulated depreciation (attach schedule) bullet151,131 14,630 Click to see attachment12,704 16,200
15 Other assets (describe bullet) Click to see attachment2 Click to see attachment2  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 118,322,117 138,136,710 169,274,654
Liabilities 17 Accounts payable and accrued expenses.......... 1,210 3,177
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).......... 1,210 3,177
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 38,113,446 38,113,446
29 Retained earnings, accumulated income, endowment, or other funds 80,207,461 100,020,087
30 Total net assets or fund balances (see instructions)...... 118,320,907 138,133,533
31 Total liabilities and net assets/fund balances (see instructions).. 118,322,117 138,136,710
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)............... 1 118,320,907
2 Enter amount from Part I, line 27a..................... 2 19,812,626
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 138,133,533
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. 6 138,133,533
Form 990-PF (2014)
Form 990-PF (2014)
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.)
1a
b
c
d
e
(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
b
c
d
e
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
c
d
e
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 25,531,885
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 1,583,863
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 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))
2013 6,911,803 150,745,080 0.04585
2012 6,812,755 141,435,494 0.04817
2011 6,027,270 136,850,316 0.04404
2010 5,198,186 122,393,988 0.04247
2009 5,821,104 105,435,750 0.05521
2 Total of line 1, column (d) ...................... 2 0.23574
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 0.04715
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 162,816,016
5 Multiply line 4 by line 3....................... 5 7,676,612
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 272,294
7 Add lines 5 and 6......................... 7 7,948,906
8 Enter qualifying distributions from Part XII, line 4.............. 8 7,416,882
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 (2014)
Form 990-PF (2014)
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 1 544,588
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........................... 3 544,588
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- ..... 5 544,588
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 600,678
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.............. 7 600,678
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 56,090
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet56,090 RefundedBullet 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 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletwww.ballfdn.org
    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 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    NANCY B KEILTY Director
    1.00     		0    
    6192 S FRENCH ROAD
    CEDAR,MI49621
    JAMES A FISHER Chair CEO Dir
    4.00     		0    
    15 CAROLINA VISTA
    PINEHURST,NC28374
    FRANK E BALL Chr&CEO to 5/27
    4.00     		0    
    4200 W WHITE RIVER BLVD
    MUNCIE,IN47304
    JUDITH F OETINGER Director
    1.00     		0    
    PO BOX 431
    PROSPECT,KY40059
    DOUGLAS J FOY Asst Sec/Treas
    1.00     		0    
    PO BOX 1515
    MUNCIE,IN47308
    WILLIAM M BRACKEN DIRECTOR
    1.00     		0    
    750 S SECOND STREET 502
    MINNEAPOLIS,MN55401
    STEPHANIE C DUCKMAN Director
    1.00     		0    
    749 MEADOW DRIVE
    DES PLAINES,IL60016
    TERRY L WALKER Secretary/Dir
    1.00     		0    
    5600 W WENTWORTH LN
    MUNCIE,IN47304
    TAMARA S PHILLIPS Treasurer
    8.00     		0    
    7290 W CR 200 S
    YORKTOWN,IN47396
    SCOTT SCHOCKLEY Director
    1.00     		0    
    400 S WALNUT
    MUNCIE,IN47305
    MICHAEL J FISHER President/COO
    40.00     		173,768 62,823  
    3711 S BURLINGTON
    MUNCIE,IN47302
    TERRI MATCHETT Director
    1.00     		0    
    146 TURQOISE LN
    OSPREY,FL34229
    STACY MCHENRY Director
    1.00     		0    
    331 ORLANDO BLVD
    INDIALANTIC,FL32903
    BRANNON J FISHER Director
    1.00     		0    
    801 MERE POINT ROAD
    BRUNSWICK,ME04011
    FRANK B PETTY Director
    1.00     		0    
    311 KNOLLWOOD DR
    TRAVERSE CITY,MI49686
    CHARLES F BALL Director
    1.00     		0    
    23906 BENT FEATHER RD
    CONIFER,CO80433
    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
    RICHARD J SPISAK PROGRAM OFFICER
    40.00     		111,740 16,761  
    5801 W HERON POINTE PARKWAY
    MUNCIE,IN47304
    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 (2014)
    Form 990-PF (2014)
    Page 8
    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 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
    164,583,741
    b
    Average of monthly cash balances.......................
    1b
    123,275
    c
    Fair market value of all other assets (see instructions)................
    1c
    588,432
    d
    Total (add lines 1a, b, and c).........................
    1d
    165,295,448
    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
    165,295,448
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,479,432
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    162,816,016
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    8,140,801
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    8,140,801
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    544,588
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    544,588
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,596,213
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    7,596,213
    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
    7,596,213
    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
    7,416,882
    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
    7,416,882
    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
    7,416,882
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 7,596,213
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 6,533,111
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 7,416,882
    a Applied to 2013, but not more than line 2a 6,533,111
    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 2014 distributable amount..... 883,771
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		6,712,442
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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 address of the person to whom applications should be addressed:
    DONNA MUNCHEL
    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:
    INDIANA EDUCATIONAL AND CULTURAL ORGANIZATIONS
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    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
    BALL STATE UNIVERSITY FOUNDATION
    PO BOX 672
    MUNCIE,IN47308     		N/A PC CARDINAL COMMITMENT 200,000
    COLLEGE MENTORS FOR KIDS
    212 W 10TH ST SUITE B260
    INDIANAPOLIS,IN46202     		N/A PC DELAWARE COUNTY KIDS 12,000
    DELAWARE ADVANCEMENT CORP
    401 S HIGH STREET
    MUNCIE,IN47305     		N/A PC FAFSA WORKSHOP 5,000
    DELAWARE COUNTY SOIL & WATER
    3641 N BRIARWOOD LANE
    MUNCIE,IN47304     		N/A GOV DELAWARE CO AGRICULTURAL CONSERVATION & PRAIRIE CREEK TRAIL ENHANCEMENT 40,000
    CARDINAL GREENWAY INC
    700 E WYSOR STREET
    MUNCIE,IN47305     		N/A PC OPERATING SUPPORT, WHITE RIVER PHASE 5 PROJECT, DEER CREEK STUDY 207,500
    ENERGIZE ECI
    PO BOX 1912
    MUNCIE,IN47308     		N/A PC REGIONAL ECONOMIC DEVELOPMENT 100,000
    INDIANA YOUTH INSTITUTE
    603 E WASHINGTON ST STE 800
    INDIANAPOLIS,IN46204     		N/A SO I CAPACITY BUILDING & YOUTH DEVELOPMENT 62,000
    MINNETRISTA CULTURAL FND
    1200 N MINNETRISTA PKWY
    MUNCIE,IN47303     		N/A SO I OPERATING SUPPORT & REMEMBERING BALL STORES EXHIBIT 2,555,000
    MUNCIE BOYS & GIRLS CLUB
    1710 S MADISON ST
    MUNCIE,IN47302     		N/A PC SECURE OUR DOORS & ICE BASKETBALL LEAGUE 97,500
    UNITED WAY OF DELAWARE CO
    500 N WALNUT ST
    MUNCIE,IN47305     		N/A PC COMMUNITY SOLUTIONS PROGRAM 90,000
    MUNCIE YMCA
    500 S MULBERRY ST
    MUNCIE,IN47305     		N/A PC CAMP CROSLEY CENTENNIAL PROJECT & INNER CITY EDUCATIONAL LEAGUE 55,000
    BIG BROTHERS & SISTERS OF DELAWARE CO
    220 N WALNUT STREET
    MUNCIE,IN47305     		N/A PC COMMUNITY BASED MENTORING 10,000
    HABITAT FOR HUMANITY GREATER MUNCIE IN
    PO BOX 1119
    MUNCIE,IN47308     		N/A PC SERVE FAMILIES, CONSTRUCTION SUSTAIN & FISHER GOVERNANCE AWARD 135,000
    HUFFER MEMORIAL CHILDRENS CENTER
    2000 N ELGIN STREET
    MUNCIE,IN47302     		N/A PC QUALITY EARLY CHILDHOOD EDUCATION, SUMMER ENRICHMENT OPPORTUNITIES & PALOOZA 43,350
    COMMUNITY FOUNDATION OF MUNCIE
    PO BOX 807
    MUNCIE,IN47308     		N/A PC QUALITY OF PLACE INITATIVE, PLANNED GIVING: GETTING PROPER START, BICENTENNIAL NATURE TRUST INITIATIVE 475,000
    UNITED DAY CARE CENTER
    312 S VINE ST
    MUNCIE,IN47302     		N/A PC DOORS/PLAYGROUND FALL SURFACE & STAFF PROFESSIONAL DEVELOPMENT 45,000
    YOUTH OPPORTUNITY CENTER
    3700 W KILGORE AVE
    MUNCIE,IN47304     		N/A PC YOC WELLNESS, WORKSITE WELLNESS CONFERENCE,VIDEO CAMERA & EQUIPMENT 60,000
    CORNERSTONE CENTER FOR THE ARTS
    520 E MAIN STREET
    MUNCIE,IN47305     		N/A PC PROJECTS SUPPORT, PARKING LOT NEEDS 114,969
    KIDZ KORNER CHILD CARE CENTER
    700 N JEFFERSON STREET
    MUNCIE,IN47305     		N/A PC SAFE & HEALTHY KIDS 5,000
    MUNCIE CIVIC THEATRE
    216 E MAIN STREET
    MUNCIE,IN47305     		N/A PC RESTROOM REMODEL & DISCOVERY NEW MUSIC FESTIVAL 7,000
    RED TAIL CONSERVANCY
    PO BOX 8
    MUNCIE,IN47308     		N/A PC CAPACITY EXPANSION INITIATIVE & GARLIC MUSTARD CAMP 43,200
    ROY C BULEY COMMUNITY CENTER
    PO BOX 1636
    MUNCIE,IN47308     		N/A PC SUMMER KALEIDOSCOPE/AFTER SCHOOL PROGRAM, MUNCIEP3, ICE BASKETBALL LEAGUE 57,350
    COMMUNITY ENHANCEMENT PROJECTS INC
    650 W MINNESTRISTA BLVD
    MUNCIE,IN47303     		N/A PC LANDSCAPE FOR APPEAL TO GREAT SPIRIT PARK 14,000
    INDIANA GRANTMAKERS ALLIANCE
    32 E WASHINGTON STREET 1100
    INDIANAPOLIS,IN46204     		N/A PC ANNUAL MEMBERSHIP 7,920
    CITY OF MUNCIE
    300 N HIGH STREET
    MUNCIE,IN47305     		N/A GOV GATEWAY PARK PROJECT & HISTORY OF BEECH GROVE CEMETERY 68,000
    WHITELEY COMMUNITY COUNCIL
    PO BOX 665
    MUNCIE,IN47308     		N/A PC WELLNESS & FITNESS SPACE 2,000
    INDEPENDENT COLLEGES OF INDIANA INC
    3135 N MERIDIAN ST
    INDIANAPOLIS,IN46208     		N/A SO I BALL VENTURE FUND 75,000
    INSIDE OUT CDC
    300 NORTH MADISON
    MUNCIE,IN47305     		N/A PC BATHROOM UPGRADE 50,000
    MOTIVATE OUR MINDS
    2023 E HIGHLAND
    MUNCIE,IN47303     		N/A PC STRATEGIC PLANNING/OPERATIONS 35,000
    MUNCIE DOWNTOWN DEVELOPMENT PARTNERSHIP
    111 E ADAMS ST
    MUNCIE,IN47305     		N/A PC MUNCIE THREE TRAILS MUSIC SERIES, DOWNTOWN: THE NEXT MUNCIE 55,000
    MUSIC FOR ALL INC
    39 W JACKSON PL SUITE 150
    INDIANAPOLIS,IN46225     		N/A PC MUSIC FOR ALL SUMMER SYMPOSIUM 30,000
    BALL STATE UNIVERSITY FOUNDATION
    AD 216
    MUNCIE,IN47308     		N/A PC BOLD CAMPAIGN 100,000
    MINNETRISTA CULTURAL FND
    1200 N MINNETRISTA PKWY
    MUNCIE,IN47303     		N/A SO I ENDOWMENT 50,000
    BALL STATE UNIVERSITY
    OFFICE OF CONTRACTS AND GRANTS
    MUNCIE,IN47306     		N/A PC INDIANA PUBLIC RADIO PROGRAM UNDERWRITING 5,000
    BALL STATE UNIVERISTY
    OFFICE OF CONTRACTS AND GRANTS
    MUNCIE,IN47306     		N/A PC NATURAL GROWTH DATA COLLECTION & TOWN & GOWN CONVERSATIONS 5,320
    DELAWARE COUNTY EMERGENCY MGMT
    210 S JEFFERSON STREET
    MUNCIE,IN47305     		N/A GOV MEDSTAT OFF-ROAD AMBULANCE PROJECT & AUTOMATED EXTERNAL DEFIBRILLATION PROJECT 70,000
    HISTORIC FARMLAND USA
    P O BOX 251
    FARMLAND,IN47340     		N/A PC ELECTRICAL BOXES AND WIRING 5,000
    INDIANA HISTORICAL SOCIETY
    450 W OHIO STREET
    INDIANAPOLIS,IN46202     		N/A PC YOU ARE THERE 1948: COMMUNITIES CAN! 90,700
    IVY TECH FOUNDATION
    345 S HIGH STREET
    MUNCIE,IN47305     		N/A PC CAMPUS RENOVATIONS, ASAP PROGRAM, STEP UP COLLEGE PREPARATION PROGRAM 175,000
    MUNCIE ACTION PLAN
    720 E 2ND STREET
    MUNCIE,IN47305     		N/A PC EVA KOR PRESENTATIONS & MAP 2 22,800
    MUNCIE CIVIC AND COLLEGE SYMPHONY A
    2000 W UNIVERISTY AVE
    MUNCIE,IN47306     		N/A PC TOGETHER IN MUSIC 70,000
    MUNCIE COMMUNITY SCHOOLS
    2501 N OAKWOOD
    MUNCIE,IN47304     		N/A PC OPERATION DOVETAIL-INTEGRATION PLAN, EARLY TRANSITION INITIATIVES, CAMP ADVENTURE RENEWAL PROJECT & INDEPENDENCE IN STUDENTS W/ SPECIAL NEEDS 444,259
    PROJECT LEADERSHIP
    118 W 25TH
    MARION,IN46953     		N/A PC PROJECT LEADERSHIP, DELAWARE COUNTY, INNER CITY EDUCATIONAL LEAGUE 155,000
    JAMES WHITCOMB RILEY MEMORIAL ASSOC
    30 S MERIDIAN
    INDIANAPOLIS,IN46204     		N/A PC LUKE BRACKEN WIESE FUND JUVENILE DIABETES 100,000
    ROSS COMMUNITY CENTER INC
    1110 W 10TH
    MUNCIE,IN47307     		N/A PC BASEBALL FACILITY RENOVATION PROJECT, OPERATIONAL ASSISTANCE, DESIGN WEEK, ICE BASKETBALL LEAGUE 332,500
    WOMEN IN BUSINESS UNLIMITED INC
    P O BOX 556
    MUNCIE,IN47308     		N/A NC CATALYST FOR EMPOWERING WOMEN 1,000
    BALL STATE UNIVERSITY
    200 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC BUILDING BETTER NEIGHBORHOODS 60,000
    HOOSIERS FEEDING THE HUNGRY
    0505 CR 32 PO BOX 131
    CORUNNA,IN46730     		N/A PC MEAT DONATION 2,500
    MUNCIE ARTS AND CULTURAL COUNCIL
    520 E MAIN ST
    MUNCIE,IN47305     		N/A PC MUNCIE MAKER DISTRICT SYMPOSIUM & OPERATIONAL SUPPORT 17,000
    TRANSITION RESOURCES CORPORATION
    600 CORPORATION DR
    PENDLETON,IN46064     		N/A PC NATURE PLAYSCAPE FOR HEAD START OF MUNCIE 75,000
    YORKTOWN COMMUNITY SCHOOLS
    2311 S BROADWAY ST
    YORKTOWN,IN47396     		N/A PC 2014 EXCELLENCE IN TEACHING AWARD 1,000
    YWCA OF MUNCIE
    310 E CHARLES ST
    MUNCIE,IN47305     		N/A PC FACILITY ASSESSMENT & EMERGENCY PLUMBING REPAIR 7,667
    SHAFER LEADERSHIP ACADEMY-LEAD ECI
    1208 W WHITE RIVER BLVD STE 127
    MUNCIE,IN47303     		N/A PC PROGRAM ASSESSMENT, DEVELOPMENT & IMPLEMENTATION, FINANCIAL CAPACITY BUILDING, 2014 FELLOWS PROGRAM & CONVERGE 66,000
    LIBERTY-PERRY COMMUNITY SCHOOL CORP
    105 S CR 650 E PO BOX 337
    SELMA,IN47383     		N/A PC 2014 EXCELLENCE IN TEACHING AWARD 1,000
    TEAMWORK FOR QUALITY LIVING
    PO BOX 468
    MUNCIE,IN47308     		N/A PC COMPUTER ISSUES 2,000
    BALL STATE SPORTS LINK
    2000 UNIVERSITY AVE-TCOM
    MUNCIE,IN47306     		N/A PC ICE LEAGUE PROJECT 5,000
    COPE ENVIRONMENTAL CENTER
    4910 SHOEMAKER RD
    CENTERVILLE,IN47374     		N/A PC EDUCATIONAL PROGRAM EXPANSION 50,000
    DALEVILLE COMMUNITY SCHOOLS
    14300 W 2ND ST
    DALEVILLE,IN47334     		N/A PC 2014 EXCELLANCE IN TEACHING AWARD 15,000
    DELAWARE COUNTY HISTORICAL SOCIETY
    120 E WASHINGTON ST
    MUNCIE,IN47305     		N/A PC MARKETING INITIATIVE 2,695
    FARMISHED
    2207 W WILTSHIRE RD
    MUNCIE,IN47304     		N/A PC FARMISHED 5,000
    JAY SCHOOL CORPORATION
    225 EAST WATER ST
    PORTLAND,IN47371     		N/A PC EAST JAY HEART MONITORS 4,850
    MASTERWORKS CHORALE INC
    520 E MAIN ST
    MUNCIE,IN47305     		N/A PC COLLABORATION WITH MSO & BSU 420
    MONROE TOWNSHIP VOLUNTEER FIRE DEPT
    9407 S OLIVE ST
    MUNCIE,IN47302     		N/A GOV REPLACE WORN OUT GEAR & EQUIPMENT 5,000
    SMART LIVING PROJECT INC
    8420 S CR 560 EAST
    SELMA,IN47383     		N/A POF LIVING LIGHTLY FAIR 1,500
    TEENWORKS - PRO 1OO
    PO BOX 40177
    INDIANAPOLIS,IN46240     		N/A SO I SUMMER YOUTH EMPLOYMENT & COLLEGE READINESS PROGRAM 35,000
    INDIANA PHILANTHROPY ALLIANCE
    32 E WASHINGTON ST SUITE 100
    INDIANAPOLIS,IN46204     		N/A PC STATEWIDE CONFERENCE 5,000
    Total .................................bullet 3a 6,745,000
    bApproved for future payment
    BALL STATE UNIVERSITY
    OFFICE OF CONTRACTS GRANTS
    MUNCIE,IN47306     		N/A PC BUILDING BETTER COMMUNITIES 60,000
    COMMUNITY FOUNDATION OF MUNCIEDEL CO
    PO BOX 807
    MUNCIE,IN47308     		N/A PC MATCHING GRANT - QUALITY OF PLACE FUND 200,000
    CAMP CROSLEY YMCA
    165 EMS T2 LANE
    NORTH WEBSTER,IN46555     		N/A PC FULL TIME STAFF HOUSING 550,000
    BALL STATE UNIVERSITY FOUNDATION
    AD 216
    MUNCIE,IN47308     		N/A PC BOLD CAMPAIGN 400,000
    COMMUNITY FOUNDATION OF MUNCIEDEL C
    PO BOX 807
    MUNCIE,IN47308     		N/A PC BICENTENNIAL NATURE TRUST INITIATIVE 100,000
    BALL STATE UNIVERSITY FOUNDATION
    AD 216
    MUNCIE,IN47308     		N/A PC CARDINAL COMMITMENT CAMPAIGN 600,000
    Total .................................bullet 3b 1,910,000
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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....          
    3
    Interest on savings and temporary cash investments ............     		    14 22  
    4 Dividends and interest from securities....     14 2,681,878  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 23,032  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 25,531,885  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMISC     14 37,852  
    bOIL ROYALITIES     15 86,716  
    cPTSHP K1 ADJ CARDINAL ETH 110000 625,406 14 -40,030  
    dTIFF PTSHPS K-1 ADJ     14 -75,551  
    eTIFF PTSHPS UBTI 110000 77,789      
    12 Subtotal. Add columns (b), (d), and (e).. 703,195 28,245,804  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1328,948,999
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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) 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 (2014)
    Additional Data


    Software ID: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BALL ASSOCIATES 115,891 115,891 115,891 0

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    500k / 1M PAR MERRILL LYNCH 9-15    
    2100000 PAR FED HOME LN MTG 04-23 1,680,256 1,897,005
    FED HOME LN MTG POOL 5-27 5.5% 213,734 242,309
    FEDERAL NTL MTG ASSN 01-23 5% 66,182 73,688
    90K / 168K FED NAT MTG ASSOC POOL 6-28    
    100000 UNITED PARCEL SERVICE 4-14    
    745000 DELUTH MN GO TAXABLE 5%    
    LOUISVILLE & JEFFERSON CNTY KT 4.65% 831,867 935,576
    BARCLAYS BK PLC VAR 6% 07-20    
    500000 FPL GROUP CAP INC 2.6% 9-15 499,835 505,205
    78K FED NAT MTG ASSOC PL 3.5% 10/1/2040 78,928 81,244
    77K GOVT NAT MTG ASSC PL 3.5% 7/20/2040 79,250 80,696
    150000 IPS IN SBC REV 3.79% 1/15/17    
    159325 FED HOME LN BK 2.9% 4/20/17 163,205 164,197
    941K FED NAT MTG ASSOC 3% 12/1/40 935,989 953,354
    1.1M FED HOME LN MTG 3.5% 8/15/26 1,137,125 1,144,793
    1.5M ROYAL BK CANADA 5/18/21 3% 1,494,000 1,524,720
    535K SILICON VALLEY BK 6.05% 6/1/17 553,689 578,394
    460000 CITIGROUP INC 6.125% 5/15/28 538,926 520,568
    1.35M FED HOME LN MTG 3% 2/15/26 1,397,250 1,380,822
    GOVT NAT MTG ASSOC 2.25% 1/20/41 759,936 746,510
    TEVA PHARMA FIN IV 2.25% 3/18/20    
    960000 BK NOVA SCOTIA 3% 2/28/28 898,400 931,123
    CHURCH & DWIGHT INC SR NT 3.35% 12/15/15 916,771 919,629
    FED HOME LN MTG SER 4068 2% 2/15/42 189,275 202,936
    FED HOME LN MTG SER 4144 2% 12/15/32 639,657 620,413
    FED NAT MTG ASSOC POOL 3% 5/1/43 700,714 681,740
    GOVT NAT MTG ASSOC II POOL 1.5% 7/20/43 514,441 520,467
    750000 HEWLETT PACKARD CO 2.6% 9/15/17 742,029 764,078
    540000 IL ST GO TAXBL 3.86% 4/1/21 540,000 538,099
    275000 MICROSOFT CORP 3.625% 12/15/23 273,647 294,289
    645000 SLC STUDENT LN 0.3242% 5/15/19 627,770 624,109
    VERIZON COMMUNICATIONS 3.65% 9/14/18    
    480000 ZIMMER HLDGS INC 4.625% 11/30/19 529,840 524,338
    APPLE INC 3.45% 5-6-24 654,706 680,719
    BANK OF MONTREAL 2.375% 1-25-19 415,293 413,940
    FED NAT MTG ASSOC POOL #257238 5% 69,487 73,510
    FED HOME LN MTG SER 4315 CL B 3% 912,473 930,028
    GE CAP CORP 3.1% 1-9-23 788,728 809,992
    JPMORGAN CHASE & CO 3.625% 5-13-24 714,300 716,520
    VERIZON COMMUNICATIONS 6.4% 9-15-33 346,509 344,898

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BALL CORP 334,633 20,791,850
    CHURCH & DWIGHT INC    
    DANAHER CORP 473,883 1,071,804
    FANUC LTD UNSP ADR    
    GOLDMAN SACHS    
    MCDONALDS CORP    
    NOVARTIS AG SP ADR 190,299 252,776
    PRAXAIR INC    
    STERICYCLE 971,181 1,098,057
    THERMO FISHER SCIENTIFIC INC    
    WALGREEN CO    
    WALMART STORES INC    
    APPLE INC 1,269,220 1,706,696
    COSTCO WHSL CORP NEW 253,889 761,056
    EMERSON ELEC CO 119,147 108,336
    FRANKLIN RES INC    
    JPMORGAN CHASE & CO 491,574 905,470
    METLIFE INC 76,242 152,480
    NOBLE ENERGY INC    
    TARGET CORP    
    ARM HLDGS PLC SP ADR    
    CANADIAN NATL RY CO 67,540 177,788
    CARNIVAL CORP    
    DASSAULT SYS SA ADR    
    HENNES & MAURITZ AB UNSP ADR 78,054 119,261
    KINGFISHER PLC SP ADR 175,049 295,229
    KOMATSU LTD SP ADR    
    LVMH MOET HENNESSY LOUIS BUITTON SP ADR 129,532 215,464
    NESTLE SA SP ADR 136,241 144,262
    NOVO NORDISK A/S SP ADR 147,777 259,887
    RECKITT BENCKISER GROUP PLC SP ADR 120,493 168,865
    SABMILLER PLC SP ADR 76,718 108,640
    SAP AKTIENGESELLSCHAFT SP ADR    
    SCHLUMBERGER LTD 1,249,378 1,141,675
    TOYOTA MOTOR CORP SP ADR 2 170,370 221,598
    WELLS FARGO & CO NEW 441,586 976,947
    DRIEHAUS EMERGING MKTS GROWTH FD 3,182,078 3,359,199
    FRESENIUS MEDICAL CARE AG & CO SP ADR 95,118 167,539
    HONG KONG EXCHANGES & CLEARING UNSP AD    
    INDUSTRIAL & COML BK CHINA UNSP ADR    
    ITAU UNIBANCO HLDG SA SP ADR    
    MITSUBISHI UFJ FINL GRP SP ADR    
    QUANTA SVCS INC    
    SELECT SECTOR SPDR CONSUMER DISCRETIONAR    
    SOUTHN COPPER CORP    
    VISA INC CL A 825,916 1,377,337
    ABBOTT LABS    
    ASSA ABLOY AB USP ADR    
    PUBLICIS GROUPE SP ADR 117,097 121,639
    TJX CO INC    
    TENCENT HLDGS LTD UNSP ADR 68,032 154,543
    A O SMITH CORP    
    ABM INDS INC 94,098 102,825
    ADIDAS AG SP ADR    
    ALBEMARLE CORP    
    AVISTA CORP 3,545 5,090
    BANCO LATINOAMERICANO DE COM 21,433 34,464
    BANK HAWAII CORP 114,243 117,790
    BLACK BOX CORP DEL 37,382 26,170
    BRISTOW GROUP INC 112,773 153,028
    BRUNSWICK CORP 24,761 59,718
    CA WTR SVC GROUP 73,184 83,895
    CABOT CORP 41,475 49,693
    CAMPUS CREST COMMUNITIES 47,016 34,072
    CARPENTER TECHNOLOGY CORP 66,902 77,076
    CASH AMER INTL INC 76,963 89,439
    CHEVRON CORP    
    CHINA YUCHAI INTL LTD 8,681 10,127
    CITIGROUP INC 899,862 989,293
    DIRECTV CL A    
    EINSTEIN NOAH RESTAURANT    
    ENSIGN GROUP INC 16,276 39,019
    EVERCORE PARTNERS INC 124,784 169,417
    GLOBE SPECIALTY METALS INC 7,327 7,822
    GRUPO AEROPORTUARIO DEL PACIFICO    
    GUESS? INC 257,243 182,194
    HANOVER INS GROUP INC 145,174 219,238
    HARSCO CORP    
    HAYNES INTL 35,694 33,950
    HCC INS HLDGS INC 85,018 135,834
    HERMAN MILLER INC 170,947 186,704
    HSN INC 159,963 306,736
    INTERFACE INC CL A 159,151 156,201
    JMP GROUP INC    
    KNOLL INC 68,291 89,718
    LANDAUER INC 82,412 59,130
    LAS VEGAS SANDS CORP    
    LENNOX INTL INC 142,356 144,601
    LITHIA MOTORS INC 32,768 115,818
    MERCADOLIBRE INC    
    MEREDITH CORP    
    MSA SAFETY INC 73,326 94,394
    MONMOUTH REAL ESTATE INVST 4,427 5,734
    NATL RETAIL PROPERTIES    
    NUTRISYSTEM INC 18,857 30,869
    OPPENHEIMER HLDGS INC 20,511 18,414
    ORACLE CORP 315,490 366,865
    PLANTRONICS INC 140,537 185,411
    PROGRESSIVE WASTE SOLUTIONS 217,572 278,541
    PROTECTIVE LIFE CORP    
    QUALCOMM INC 1,003,277 1,282,861
    SCHOLASTIC CORP 93,753 109,369
    SCHULMAN A INC 34,977 54,351
    SONIC AUTOMOTICE INC 50,317 92,747
    STANCORP FINL GROUP 207,009 324,220
    STERIS CORP 150,223 235,600
    SWATCH GROUP AG UNSP ADR    
    TENNANT CO 23,233 37,745
    THOR INDS INC 128,885 166,995
    TRUSTCO BANK CORP 8,326 12,364
    UMB FINL CORP 113,507 142,509
    VIAD CORP 50,621 60,971
    WD 40 CO 32,829 59,981
    YANDEX NV CL A    
    ACCENTURE PLC    
    AIA GROUP LTD AP ADR 229,968 315,115
    ALLERGAN INC COM    
    ARCOS DORADOS HLDGS IN CL A    
    ASML HLDG NV NY REG 104,102 130,151
    BAIDU INC SP ADR 95,433 169,382
    BURBERRY GROUP PLC 121,921 124,946
    CARBO CERAMICS 256,155 135,009
    CASEY GEN STORES INC    
    COMPASS GROUP PLC SP ADR 203,953 255,084
    CORRECTIONS CORP OF AMER    
    DESTINATION MATERNITY CORP 13,444 11,883
    DEUTSCHE BK AG    
    DST SYS INC DEL 489,845 505,680
    EMBRAER SA SP ADR    
    EMCOR GROUP INC 82,167 106,954
    FLIR SYSTEMS INC    
    GREAT LAKES DREDGE & DOCK CO 31,013 39,402
    GRUPO AEROPORTUARIO DEL SURESTE SAB    
    HORCE MANN EDUCATORS CORP 55,185 89,652
    HSBC HLDGS PLC SP ADR    
    MICHELIN COMPAGNIE GENERALE DES ESTABLIS    
    PATTERSON-UTI ENERGY 23,261 18,597
    PEARSON PLC SP ADR    
    PERRIGO CO    
    RITCHIE BROS AUCTIONEERS INC    
    SELECT SECTOR SPDR CONSUMER STAPLES    
    SELECT SECTOR SPDR TR UTILS    
    SOTHEBYS 41,768 54,191
    SYNGENTA    
    TAIWAN SEMICONDUCTOR MFG CO LTD    
    TELEFLEX INC    
    YUM BRANDS    
    ABBVIE INC 112,884 225,703
    ALEXANDER & BALDWIN 85,799 81,190
    AMADEUS IT HLDGS SA UNSP ADR 167,109 192,889
    AMC ENTMT HLDGS IN CL A 153,980 200,984
    AMERN REALTY CAP PROPERTIES INC    
    ANHEUSER BUSCH INBEV NV SP ADR    
    BANCO BILBAO VIZCAYA SP ADR 296,956 237,924
    BARNES GROUP INC 9,516 12,435
    CHICOS FAS INC 322,936 316,938
    CHINA MOBILE LTD 329,083 344,332
    CLARCOR INC 109,491 141,543
    CONOCOPHILLIPS    
    CST BRANDS INC 46,161 61,228
    CUBESMART 179,516 245,440
    CVS/CAREMARK CORP 334,046 539,529
    DAKTRONICS INC 83,239 75,923
    EBAY INC    
    EXPERIAN GRP LTD SP ADR 239,106 226,602
    FAIR ISAAC CORP 179,200 246,326
    FEI CO    
    GRANITE CONSTRUCTION INC 48,572 55,357
    HARRIS TEETER SUPERMARKETS INC    
    HELCA MINING CO 127,904 118,567
    ING GROEP NV SP ADR 306,487 312,590
    INTESA SANPAOLO SPA SP ADR 113,929 116,993
    JULIUS BAER GROUP LTD UNSP ADR 142,803 140,463
    KONE OYJ CL B UNSP ADR    
    KUBOTA CORP SP ADR 115,780 109,424
    LINN CO    
    LULULEMON ATHLETICA INC 169,968 137,969
    LUXFER HLDGS PLC SP ADR 46,746 33,936
    MACQUARIE INFRASTRUCTURE COMPANY LLC 82,605 100,663
    MANITOWOC CO INC 27,241 31,227
    MUELLER WATER PRODUCTS IN CL A 115,501 135,598
    NOKIA CORP SP ADR    
    PACIFIC RUBIALES ENERGY CORP    
    PARKWAY PROPERTIES INC 163,461 159,037
    PFIZER INC 680,515 726,293
    PT BK MANDIRI PERSERO TBK UNSP ADR    
    ROCHE HLDG LTD SP ADR 96,399 102,300
    SELECT SECTOR SPDR INDUSTRIAL ETF    
    SINA CORP    
    SUMITOMO MITSUI TR HLDGS IN SP ADR    
    SUN HYDRAULICS CORP 7,390 9,766
    TATA MOTORS LTD SP ADR    
    VANGUARD REIT ETF    
    VMWARE INC CL A    
    AAR CORP 73,443 77,840
    ACACIA RESEARCH CORP 33,133 32,474
    ACADIA HEALTHCARE CO INC 95,243 116,483
    ACADIA PHARMACEUTICALS INC 69,706 97,123
    ACCOR SA UNSP ADR 202,092 182,593
    ACE LTD 312,109 362,217
    ACTAVIS PLC 287,700 341,583
    ACTIVISION BLIZZARD INC 208,973 191,203
    AES CORP 265,706 260,225
    AGCO CORP 163,814 141,973
    AGL RESOURCES INC 235,151 277,892
    ALASKA AIR GROUP INC 309,915 410,790
    ALLETE INC 54,133 63,135
    ALLSTATE CORP 369,485 456,203
    AMERN FINL GROUP 332,984 356,123
    AMERN HOMES 4 RENT CL A 75,633 76,448
    AMPHENOL CORP CL A 826,755 958,248
    AMSURG CORP 171,135 180,171
    AMTRUST FINL SVCS INC 304,170 431,887
    ANNALY CAP MGMT INC 217,835 231,604
    ANNSYS INC 501,857 553,172
    ANTHEM INC 209,369 284,894
    AON PLC 148,726 144,995
    APOLLO GROUP INC 192,277 209,811
    APPLIED MATLS INC 235,416 259,193
    ARROW ELECTRONICS INC 273,278 299,291
    ASCENA RETAIL GROUP INC 370,715 237,271
    ASPEN INS HLDGS LTD 170,953 182,302
    ASSURED GUARANTY LTD 126,803 140,996
    ATRICURE INC 40,749 51,657
    AVERY DENNISON CORP 120,358 127,988
    AVIVA PLC SP ADR 232,602 199,198
    AVON PRODS INC 25,690 23,860
    AXIALL CORP 31,825 33,934
    BANK OF THE QZARKS INC 38,628 46,907
    BARRICK GOLD CORP 115,715 64,715
    BB & T CORP 128,895 124,215
    BECTON DICKINSON & CO 215,393 267,883
    BELDEN INC 57,319 64,230
    BERKSHIRE HATHAWAY INC CL B 828,181 993,843
    BERRY PLASTICS GROUP INC 46,422 59,693
    BILL BARRETT CORP 63,311 38,418
    BOFI HLDG INC 383,953 306,260
    BOISE CACADE CO 33,467 42,685
    BRIGHT HORIZONS FAMILY SOLUTIONS INC 37,939 42,450
    BRISTOL MYERS SQUIBB CORP 587,885 590,418
    BROCADE COMMUNICATIONS SYS INC 214,799 242,945
    BT GROUP PLC SP ADR 241,241 230,665
    BUCKLE INC 287,041 287,337
    CAP ONE FINL CORP 719,760 777,208
    CARRIZO OIL & GAS INC 37,440 32,406
    CAVIUM INC 47,165 56,936
    CDN NAT RES 234,570 207,822
    CEVA INC 25,382 31,400
    CHEESECAKE FACTORY INC 52,030 58,007
    CHEMED CORP 167,954 198,977
    CHEMTURA CORP 176,724 187,231
    CHILDREN'S PLACE 39,395 45,771
    CINEMARK HLDGS INC 58,089 57,568
    CISCO SYS INC 442,335 565,451
    CIVEO CORP 134,783 43,718
    COACH INC 24,907 25,616
    COGNEX CORP 53,658 53,233
    COGNIZANT TECH SOLUTIONS CORP 615,818 666,360
    COHEN & STEERS INC 60,228 68,801
    COLFAX CORP 180,734 175,957
    COMCAST CORP CL A 410,912 471,099
    COMMVAULT SYS INC 77,443 75,261
    COOPER TIRE & RUBBER CO 324,909 368,433
    COPA HLDGS SA CL A 169,824 160,849
    CORE LABORATORIES N V 1,105,536 693,038
    CORNERSTONE ONDEMAND INC 99,358 92,822
    COVANCE INC 455,564 454,196
    COVIDIEN PLC 329,307 483,989
    CRANE CO 175,887 147,865
    CROWN HLDGS INC 146,023 168,174
    CYRUSONE INC 57,135 60,858
    DAVITA INC 822,748 884,946
    DECKERS OUTDOOR CORP 393,590 370,351
    DELEK US HLDGS INC 252,298 228,197
    DELTA AIR LINES INC 215,794 285,204
    DEXCOM INC 73,666 92,044
    DIAMONDBACK ENERGY INC 47,501 37,542
    DICE HLDGS INC 109,488 148,388
    DISCOVER FINL SVCS 283,438 319,788
    DISCOVERY COMMUNICATIONS INC CL C 550,161 481,319
    DISCOVERY COMMUNICATIONS INC SER A 422,112 363,516
    DISTRIBUIDORA INTL DE ALIMENTACION 147,123 126,511
    DOVER CORP 57,777 51,065
    E TRADE FINL CORP 340,811 395,963
    ECOLAB INC 931,092 879,536
    EMC CORP 425,535 460,435
    ENCANA CORP 112,687 114,303
    ENCORE CAPITAL GROUP INC 146,534 147,674
    ENDOLOGIX INC 45,057 48,683
    ENDURANCE SPECIALTY HLDGS 306,726 332,112
    ENERGEN CORP 156,493 133,513
    ENSTAR GROUP LTD 187,947 213,129
    EOG RESOURCES INC 216,002 210,748
    EQT CORP 238,746 174,564
    ESTEE LAUDER COS INC CL A 876,413 967,740
    EURONET WORLDWIDE INC 38,618 40,846
    EXELIS INC 264,199 276,992
    EXPRESS SCRIPTS HLDG CO 1,692,489 1,880,436
    EXXON MOBIL CORP 188,666 183,883
    F5 NETWORKS INC 281,679 392,178
    FASTENAL CO 898,970 893,843
    FID NATL INFORMATION SVCS INC 284,719 335,258
    FIFTH THIRD BANCORP 396,119 358,865
    FLUOR CORP 25,116 25,283
    FMC TECHS INC 984,408 868,741
    FOSSIL GROUP INC 688,328 707,518
    FREEPORT MCMORAN INC 47,738 46,837
    FULLER H B CO 44,969 44,441
    G-III APPAREL GROUP LTD 45,264 52,525
    GALAXY ENTERTAINMENT GROUP LTD 173,703 115,726
    GANNETT CO INC 315,842 361,001
    GAP INC 201,206 225,415
    GENERAC HLDGS INC 39,624 40,728
    GENERAL DYNAMICS CORP 185,694 210,283
    GENESEE & WYOMING INC 60,969 58,088
    GENPACT LTD 592,626 645,816
    GENTHERM INC 222,816 205,109
    GILEAD SCIENCES INC 828,732 1,048,925
    GLOBAL PAYMENTS INC 232,402 278,034
    GLOBUS MEDICAL INC CL A 186,856 184,836
    GOOGLE INC CL A 653,737 582,134
    GOOGLE INC CL C 654,255 576,408
    GREATBATCH INC 47,968 53,047
    H&E EQUIPMENT SVCS INC 62,725 47,837
    HERTZ GLOBAL HLDGS INC 162,325 145,899
    HILL-ROM HOLDINGS INC 77,525 95,346
    HMS HLDGS CORP 38,031 40,885
    HOLCIM LTD UNSP ADR 248,318 235,406
    HOME DEPOT 181,956 239,751
    HOMEAWAY INC 70,695 65,129
    HONEYWELL INTL INC 102,674 109,912
    HUNTSMAN CORP 204,836 181,944
    HURON CONSULTING GROUP INC 49,733 53,686
    ICICI BK LTD SP ADR 280,117 305,844
    II-VI INC 133,065 118,659
    IMPAX LABORATORIES INC 327,925 388,967
    IMPERVA INC 54,881 97,921
    INDIVIOR PLC SP ADR 3,399 4,698
    INGREDION INC 295,582 369,309
    INSULET CORP 50,911 66,925
    INTER PARFUMS INC 36,359 38,193
    INTERPUBLIC GROUP COS INC 233,013 276,719
    INTERVAL LEISURE GROUP INC 278,775 272,740
    INTERXION HLDG NV 41,499 41,338
    INTL PAPER CO 157,612 186,780
    INTUITIVE SURGICAL INC 1,009,018 1,222,909
    IPC THE HOSPITALIST CO 33,193 33,408
    ITAU UNIBANCO HLDG SA SP ADR 113,887 109,154
    ITC HLDGS CORP 199,807 218,120
    ITVPLC UNSP ADR 240,548 233,140
    JACK IN THE BOX INC 51,216 65,247
    JIVE SOFTWARE INC 31,134 27,165
    JOHNSON & JOHNSON 553,462 614,662
    JONES LANG LASALLE INC 324,898 469,581
    KELLY SVCS INC CL A 82,228 67,467
    KNOWLES CORP 290,795 238,020
    KOHLS CORP 245,242 275,107
    KONINKLIJKE PHILIPS NV NY 148,106 134,908
    KOREA ELECTRIC POWER CORP SP ADR 117,303 109,152
    KRISPY KREME DOUGHNUTS INC 39,715 47,455
    KROTON EDUCATIONAL SA SP ADR 147,276 126,340
    LABORATORY CORP AMER HLDGS 500,399 555,469
    LANDSTAR SYSTEM INC 333,649 363,520
    LEAR CORP 203,209 237,942
    LEUCADIA NATL CORP 495,342 414,815
    LIBERTY BROADBAND CORP SER A 25,027 26,197
    LIBERTY BROADBAND CORP SER C RTS   2,992
    LIBERTY BROADBAND CORP SER C 47,736 52,112
    LIBERTY GLOBAL PLC CL A 231,428 267,994
    LIBERTY GLOBAL PLC CL C 347,757 407,591
    LIBERTY MEDIA CORP CL A 72,122 73,820
    LIBERTY MEDIA CORP CL C 142,861 146,636
    LINCOLN NATL CORP 205,302 227,796
    LLOYDS TSB GROUP PLC SP ADR 233,069 212,967
    LOCKHEED MARTIN CORP 402,252 486,432
    MACY'S INC 141,601 157,668
    MAGELLAN HEALTH INC 43,807 48,204
    MAGNUM HUNTER RESOURCES CORP 36,248 18,171
    MARATHON PETE CORP 215,256 210,667
    MARKEL CORP 355,316 423,361
    MARKETO INC 42,911 49,178
    MASTERCARD INC CL A 253,990 287,602
    MATTHEWS INTL CORP CL A 60,707 69,452
    MCKESSON CORP 76,812 87,391
    MEAD JOHNSON NUTRITION CO 894,723 1,082,816
    MEDICAL PROPERTIES TRUST INC 79,077 83,149
    MEDTRONIC INC 258,757 312,121
    MELLANOX TECHNOLOGIES LTD 49,482 50,379
    MEREDITH CORP 86,529 136,941
    MICROSOFT CORP 436,123 499,152
    MICROSTRATEGY INC CL A 138,511 184,324
    MIDDLEBY CORP 303,497 364,490
    MINERALS TECHOLOGIES INC 325,023 376,141
    MOTORCAR PARTS OF AMER INC 48,503 52,698
    NATIONAL INSTRUMENTS CORP 485,940 494,020
    NCR CORP 172,512 140,892
    NETSUITE INC 318,635 392,575
    NEUSTAR INC CL A 229,107 231,741
    NEWS CORP CL B 316,555 293,562
    NIELSEN N V 255,918 267,485
    NIPPON TELEG & TEL CORP SP ADR 142,636 113,043
    NORTHWESTERN CORP 51,121 61,333
    NU SKIN ENTPRS INC A 403,454 180,000
    NXP SEMICONDUCTORS NV 95,371 120,101
    OCCIDENTAL PETE CORP 342,840 317,039
    OLYMPUS CORP SP ADR 181,440 192,499
    OMNICARE INC 191,987 237,168
    OMNICOM GROUP INC 491,016 521,451
    ON ASSIGNMENT INC 30,464 33,953
    ON SEMICONDUCTOR CORP 114,675 123,191
    OWENS-ILLINOIS INC 25,521 25,506
    PAPA JOHNS INTL INC 45,861 62,608
    PEABODY ENERGY CORP 144,338 111,077
    PERNOD RICARD SA UNSP ADR 119,635 113,002
    PHILLIPS 66 446,184 408,905
    POLARIS IND INC 354,613 370,236
    POST PROPERTIES INC 109,213 133,525
    PRIMERICA INC 292,440 368,154
    PROOFPOINT INC 86,197 104,948
    PRUDENTIAL FINL INC 221,274 225,064
    PUMA BIOTECHNOLOGY INC 28,495 27,823
    QEP RESOURCES INC 201,831 136,889
    QLIK TECHNOLOGIES INC 88,009 96,840
    QUALYS INC 41,574 60,551
    QUEST DIAGNOSTICS INC 141,670 170,668
    RAYMOND JAMES FINANCIAL INC 335,187 357,948
    RAYONIER ADVANCED MATERIALS INC 183,009 121,468
    RAYTHEON CO 315,140 348,199
    RED ROBIN GOURMET BURGERS INC 44,846 66,275
    RENAULT SA UNSP ADR 89,155 82,181
    REXNORD CORP 57,032 59,664
    RICE ENERGY INC 68,056 52,383
    RIO TINTO PLC SP ADR 110,125 103,359
    ROCK-TENN CO CL A 321,509 393,199
    ROSETTA RESOURCES INC 56,709 26,683
    RPC INC 313,774 262,991
    RUTHS CHRIS STEAK HSE INC 19,525 23,805
    RYMAN HOSPITALITY PROPERTIES INC 199,292 245,241
    SAFRAN SA UNSP ADR 208,496 201,474
    SALESFORCE.COM INC 870,687 897,064
    SCHWAB CHARLES CORP 1,231,454 1,309,038
    SCRIPPS NETWORKS INTERACTIVE CL A 141,434 137,594
    SEAGATE TECHNOLOGY 104,460 129,209
    SEI INVESTMENTS CO 312,073 368,488
    SEMTECH CORP 38,452 44,939
    SHIRE PLC SP ADR 92,657 79,702
    SHUTTERFLY INC 30,962 31,563
    SIRONA DENTAL SYS INC 29,910 32,414
    SIX FLAGS ENTERTAINMENT CORP 118,621 120,820
    SOLARWINDS INC 267,663 308,896
    SONY CORP SP ADR 150,056 144,621
    SPECTRANETICS CORP 77,874 95,268
    SS&C TECHNOLOGIES HLDGS INC 32,534 42,873
    STARBUCKS CORP 1,089,338 1,158,054
    SUNTORY BEVERAGE & FOOD LTD UNSP ADR 116,136 107,644
    SVENSKA CELLULOSA AB SP ADR 113,358 105,593
    SYMANTEC CORP 152,605 166,757
    SYNAPTICS INC 314,915 388,671
    SYNCHRONOSS TECHNOLOGIES INC 35,392 37,507
    SYNTEL INC 337,533 334,111
    T ROWE PRICE GROUP INC 136,299 152,745
    TAL INTL GROUP INC 80,627 84,221
    TE CONNECTIVITY LTD 192,498 201,451
    TEAM HEALTH HLDGS INC 77,124 78,643
    TENNECO INC 64,373 58,648
    TEREX CORP 25,436 25,427
    TETRA TECH INC 182,996 193,094
    TIDEWATER INC 95,022 65,014
    TIME INC 58,685 62,460
    TIME WARNER INC 147,026 197,064
    TOTAL S.A. SP ADR 237,296 186,675
    TRAVELERS COS INC 225,138 276,586
    TRIPADVISOR INC 324,739 332,312
    TRIUMPH GROUP INC 39,641 39,794
    TUMI HLDGS INC 44,594 45,467
    TYSON FOODS INC CL A 301,289 286,924
    UBIQUITI NETWORKS INC 358,004 238,572
    UBS GROUP AG 263,730 222,025
    ULTIMATE SOFTWARE GROUP INC 60,010 61,956
    UNITED CONTL HLDGS 69,526 109,633
    UNITED THERAPEUTICS 267,916 349,364
    UNIVERSAL TECH INST INC 53,293 38,622
    US CONCRETE INC 51,656 57,839
    UTD STATIONERS INC 379,416 372,821
    UTI WORLDWIDE INC 153,602 107,725
    VALIDUS HLDGS LTD 70,821 77,509
    VERA BRADLEY 48,777 49,849
    VERIZON COMMUNICATIONS 264,077 249,946
    VIACOM INC CL B 176,033 159,605
    WAGEWORKS INC 24,168 34,610
    WELLCARE HEALTH PLANS INC 39,504 52,436
    WESCO INTL INC 220,260 197,460
    WESTERN DIGITAL CORP 218,443 266,898
    WESTERN UNION CO 152,724 160,742
    WHOLE FOODS MKT INC 1,136,589 1,076,820
    WILLIS GROUP HLDGS PLC 375,600 380,885
    WYNN RESORTS LTD 24,492 24,694
    XPO LOGISTICS 66,785 89,241
    ZIMMER HLDGS INC 328,431 391,639
    ZUMIEZ INC 35,808 46,897
    TEVA PHARMACEUTICALS INDS LTD SP ADR 256,440 271,102

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    US Government Securities - End of Year Book Value:

    12,099,923
    US Government Securities - End of Year Fair Market Value:

    12,266,585
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 InvestmentsLandSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Buildings 283,022 184,502 98,520 415,000

    TY 2014 InvestmentsOtherSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OIL LEASES FMV 80,000 173,432
    TIFF PARTNERS IV FMV 588,508 567,651
    TIFF EQUITY PARTNERS 2005 FMV 702,725 681,959
    TIFF EQUITY PARTNERS 2006 FMV 469,322 458,225
    TIFF EQUITY PARTNERS 2007 FMV 725,018 692,623
    CARDINAL ETHANOL, LLC FMV 1,027,991 1,027,991
    HOUSE R/E FUND IV FMV    
    TIFF EQUITY PARTNERS 2008 FMV 1,130,563 1,183,041
    TIFF EQUITY PARTNERS 2009 FMV 287,167 267,314
    BRANZAN FUND FMV 540,162 538,835
    TIFF EQUITY PARTNERS 2010 FMV 454,627 445,602

    TY 2014 LandEtcSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 163,835 151,131 12,704 16,200


    TY 2014 OtherAssetsSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Rounding 2 2  


    TY 2014 OtherExpensesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACTIVITIES & FEES 10,050 10,050 10,050  
    DUES 2,270 2,270 2,270  
    INSURANCE 5,214 5,214 5,214  
    OFFICE RE: CHARITABLE 3,686     3,686
    PARTNERSHIP EXPENSE 222,174 222,174 222,174  
    SUPPLIES & SUNDRY 27,155 27,155 27,155  


    TY 2014 OtherIncomeSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISC 37,852 37,852 37,852
    OIL ROYALITIES 86,716 80,222 80,222
    PTSHP K1 ADJ CARDINAL ETH 585,376    
    TIFF PTSHPS K-1 ADJ -75,551    
    TIFF PTSHPS UBTI 77,789    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ANNUAL REPORT PREP 8,738 0 0 8,738
    INVESTMENT FEES 675,395 675,395 675,395 0
    OTHER PROF FEES 1,220 1,220 1,220 0


    TY 2014 TaxesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN: 35-0882856
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX 594,000      
    FOREIGN TAX W/H ON DIVIDENDS 37,381 37,381 37,381