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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
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. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$166,533,724J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 21 21  
4 Dividends and interest from securities... 2,966,767 2,966,767  
5a Gross rents............ 14 14  
b Net rental income or (loss) -200,620
6a Net gain or (loss) from sale of assets not on line 10 10,251,510
b Gross sales price for all assets on line 6a 70,713,876
7 Capital gain net income (from Part IV, line 2)... 10,251,510
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)....... Click to see attachment 642,742 215,876  
12 Total. Add lines 1 through 11........ 13,861,054 13,434,188  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 236,615     236,615
14 Other employee salaries and wages...... 294,336 5,952   288,384
15 Pension plans, employee benefits....... 208,661 2,656   206,005
16a Legal fees (attach schedule)......... Click to see attachment 2,879 2,604   275
b Accounting fees (attach schedule)....... Click to see attachment 130,446 130,446    
c Other professional fees (attach schedule).... Click to see attachment 781,156 777,956   3,200
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 235,955 50,654    
19 Depreciation (attach schedule) and depletion... Click to see attachment 19,589 19,589  
20 Occupancy.............. 80,664 20,166   60,498
21 Travel, conferences, and meetings....... 45,453     45,453
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 525,280 515,331   9,949
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,561,034 1,525,354   850,379
25 Contributions, gifts, grants paid....... 7,689,175 7,689,175
26 Total expenses and disbursements. Add lines 24 and 25 10,250,209 1,525,354   8,539,554
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,610,845
b Net investment income (if negative, enter -0-) 11,908,834
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 5,677,728 6,477,191 6,477,191
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) 13,653,918 Click to see attachment14,056,376 13,913,416
b Investments—corporate stock (attach schedule)....... 85,976,901 Click to see attachment88,216,861 113,730,825
c Investments—corporate bonds (attach schedule)....... 24,665,962 Click to see attachment23,428,160 22,828,842
11 Investments—land, buildings, and equipment: basis bullet283,022
Less: accumulated depreciation (attach schedule) bullet224,810 68,289 Click to see attachment58,212 450,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,036,266 Click to see attachment8,448,751 9,126,159
14 Land, buildings, and equipment: basis bullet130,148
Less: accumulated depreciation (attach schedule) bullet122,857 11,532 Click to see attachment7,291 7,291
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 137,090,596 140,692,842 166,533,724
Liabilities 17 Accounts payable and accrued expenses.......... 124,895 116,296
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)......... 124,895 116,296
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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 98,852,255 102,463,100
30 Total net assets or fund balances (see instructions)..... 136,965,701 140,576,546
31 Total liabilities and net assets/fund balances (see instructions). 137,090,596 140,692,842
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
136,965,701
2
Enter amount from Part I, line 27a .....................
2
3,610,845
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
140,576,546
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
140,576,546
Form 990-PF (2018)
Form 990-PF (2018)
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 PUBLICLY TRADED SECURITIES P    
b TIFF PARTNERS IV LLC K-1 LT P 2014-01-01 2018-12-31
c TIFF 2005 FUND K-1 LT P 2014-01-01 2018-12-31
d TIFF 2005 FUND K-1 LT SEC 1231 P 2014-01-01 2018-12-31
e TIFF 2006 FUND K-1 ST P 2018-01-01 2018-12-31
TIFF 2006 FUND K-1 LT P 2014-01-01 2018-12-31
TIFF 2006 FUND K-1 LT SEC 1231 P 2014-01-01 2018-12-31
TIFF 2007 FUND K-1 ST P 2018-01-01 2018-12-31
TIFF 2007 FUND K-1 LT P 2014-01-01 2018-12-31
TIFF 2007 FUND K-1 LT SEC 1231 P 2014-01-01 2018-12-31
TIFF 2008 FUND K-1 ST P 2018-01-01 2018-12-31
TIFF 2008 FUND K-1 LT P 2014-01-01 2018-12-31
TIFF 2008 FUND K-1 LT SEC 1231 P 2014-01-01 2018-12-31
TIFF 2009 FUND K-1 LT P 2014-01-01 2018-12-31
TIFF 2009 FUND K-1 LT SEC 1231 P 2014-01-01 2018-12-31
TIFF 2010 FUND K-1 ST P 2018-01-01 2018-12-31
TIFF 2010 FUND K-1 LT P 2014-01-01 2018-12-31
TIFF 2010 FUND K-1 LT SEC 1231 P 2014-01-01 2018-12-31
TIFF 2015 FUND K-1 ST P 2018-01-01 2018-12-31
TIFF 2015 FUND K-1 LT P 2015-01-01 2018-12-31
TIFF 2015 FUND K-1 LT SEC 1231 P 2015-01-01 2018-12-31
TIFF 2016 FUND K-1 ST P 2018-01-01 2018-12-31
TIFF 2016 FUND K-1 LT P 2016-01-01 2018-12-31
TIFF 2016 FUND K-1 LT SEC 1231 P 2016-01-01 2018-12-31
TIFF 2017 FUND K-1 ST P 2018-01-01 2018-12-31
TIFF 2017 FUND K-1 LT P 2017-01-01 2018-12-31
TIFF 2017 FUND K-1 LT SEC 1231 P 2017-01-01 2018-12-31
TIFF 2018 FUND K-1 ST P 2018-01-01 2018-12-31
COMMONFUND GPE 2014 K-1 ST P 2018-01-01 2018-12-31
COMMONFUND GPE 2014 K-1 LT P 2014-01-01 2018-12-31
COMMONFUND GPE 2014 K-1 SEC 1231 P 2014-01-01 2018-12-31
COMMONFUND GPE II K-1 ST P 2018-01-01 2018-12-31
COMMONFUND GPE II K-1 LT P 2017-01-01 2018-12-31
COMMONFUND GPE II K-1 SEC 1231 P 2017-01-01 2018-12-31
BRANZAN ALT OPP K-1 ST P 2018-01-01 2018-12-31
BRANZAN ALT OPP K-1 LT P 2014-01-01 2018-12-31
BRANZAN ALT OPP K-1 LT SEC 1231 P 2014-01-01 2018-12-31
(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 69,887,377   60,458,791 9,428,586
b 50,469     50,469
c 145,988     145,988
d 224     224
e     470 -470
5,620     5,620
56     56
117     117
61,463     61,463
    625 -625
624     624
300,197     300,197
1,229     1,229
104,317     104,317
6,567     6,567
    40 -40
36,780     36,780
24     24
    112 -112
21,377     21,377
1,115     1,115
158     158
11,734     11,734
27     27
1,926     1,926
882     882
327     327
    85 -85
    1,749 -1,749
53,763     53,763
    482 -482
35     35
11,680     11,680
    12 -12
273     273
5,397     5,397
4,130     4,130
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       9,428,586
b       50,469
c       145,988
d       224
e       -470
      5,620
      56
      117
      61,463
      -625
      624
      300,197
      1,229
      104,317
      6,567
      -40
      36,780
      24
      -112
      21,377
      1,115
      158
      11,734
      27
      1,926
      882
      327
      -85
      -1,749
      53,763
      -482
      35
      11,680
      -12
      273
      5,397
      4,130
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 10,251,510
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  
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))
2017 8,041,354 169,472,594 0.04745
2016 7,939,219 158,395,005 0.05012
2015 7,552,870 165,258,943 0.04570
2014 7,416,882 162,816,016 0.04555
2013 6,911,803 150,745,080 0.04585
2
Total of line 1, column (d) .....................
2
0.234680
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.046936
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
176,631,794
5
Multiply line 4 by line 3......................
5
8,290,390
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
119,088
7
Add lines 5 and 6........................
7
8,409,478
8
Enter qualifying distributions from Part XII, line 4,.............
8
8,539,554
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 119,088
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........................... 3 119,088
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- ..... 5 119,088
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 252,869
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.............. 7 252,869
8 Enter any penalty for underpayment of estimated tax. Check here 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 10 133,781
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet133,781 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 2018 or the taxable year beginning in 2018? See the 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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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). Click to see attachment
    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
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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    
    PO BOX 1408
    MUNCIE,IN47308
    JAMES A FISHER Chair/CEO/Dir
    4.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    JUDITH F OETINGER Director
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    DOUGLAS J FOY Asst Sec&ATreas
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    WILLIAM M BRACKEN Director
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    STEPHANIE C DUCKMANN Director
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    TERRY L WALKER Secretary/Dir
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    TAMARA S PHILLIPS Treasurer
    8.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    SCOTT SCHOCKLEY Director
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    MICHAEL J FISHER President/COO
    40.00     		236,615 83,989 1,672
    PO BOX 1408
    MUNCIE,IN47308
    TERRI MATCHETT Director
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    STACY MCHENRY Director
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    FRANK B PETTY Vice Chair/Dir
    4.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    CHARLES F BALL Director
    1.00     		0    
    PO BOX 1408
    MUNCIE,IN47308
    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 SR PROGRAM OFFICER
    40.00     		123,308 19,510  
    PO BOX 1408
    MUNCIE,IN47308
    JENNA L WACHTMANN PROGRAM OFFICER
    40.00     		81,050 29,784  
    PO BOX 1408
    MUNCIE,IN47308
    DONNA K MUNCHEL GRANT PROCESS MGR
    40.00     		66,613 27,618  
    PO BOX 1408
    MUNCIE,IN47308
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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  
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    178,168,395
    b
    Average of monthly cash balances.......................
    1b
    53,055
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,100,168
    d
    Total (add lines 1a, b, and c).........................
    1d
    179,321,618
    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
    179,321,618
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,689,824
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    176,631,794
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    8,831,590
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    8,831,590
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    119,088
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    119,088
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,712,502
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    8,712,502
    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
    8,712,502
    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
    8,539,554
    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
    8,539,554
    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
    119,088
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    8,420,466
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 8,712,502
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 7,381,365
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 8,539,554
    a Applied to 2017, but not more than line 2a 7,381,365
    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 2018 distributable amount..... 1,158,189
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		7,554,313
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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
    info@ballfdn.org
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS CAN BE SUBMITTED ON-LINE AT THE FOUNDATION'S WEBSITE AT WWW.BALLFDN.ORG. SUBMISSION DETAILS, AVAILABLE ON THE WEBSITE, DETAIL REQUIRED ATTACHMENTS.
    cAny submission deadlines:
    GRANT DEADLINES VARY BY TYPE. DEADLINES AT WWW.BALLFDN.ORG
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    BALL BROTHERS FOUNDATION ONLY PROVIDES GRANTS TO ORGANIZATIONS OPERATING WITHIN THE STATE OF INDIANA. AREAS OF INTEREST INCLUDE ARTS, CULTURE, HUMANITIES; EDUCATION; ENVIRONMENT; HEALTH; HUMAN SERVICES; PUBLIC/SOCIETY BENEFIT. GRANTS ARE AWARDED FOR PROJECT/PROGRAM-SPECIFIC REQUESTS, GENERAL OPERATIONS, CAPACITY- BUILDING, AND SEED MONEY FOR NEW EFFORTS. ADDITIONAL DETAILS ARE AVAILABLE AT WWW.BALLFDN.ORG
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 30,000
    COLLEGE MENTORS FOR KIDS
    212 W 10TH ST SUITE B260
    INDIANAPOLIS,IN46202     		N/A PC MENTORING PROGRAM FOR KIDS IN DELAWARE COUNTY 5,000
    DELAWARE ADVANCEMENT CORP
    401 S HIGH STREET
    MUNCIE,IN47305     		N/A PC FAFSA WORKSHOPS 5,000
    CARDINAL GREENWAY INC
    700 E WYSOR STREET
    MUNCIE,IN47305     		N/A PC OPERATING SUPPORT & KITSELMAN BRIDGE 425,000
    ECI REGIONAL PARTNERSHIP
    PO BOX 1912
    MUNCIE,IN47308     		N/A PC REGIONAL MARKETING 80,000
    INDIANA YOUTH INSTITUTE
    603 E WASHINGTON ST STE 800
    INDIANAPOLIS,IN46204     		N/A SO I ORGANIZATIONAL EFFECTIVENESS 60,000
    MINNETRISTA CULTURAL FND
    1200 N MINNETRISTA PKWY
    MUNCIE,IN47303     		N/A SO I GENERAL OPERATIONS & MINNETRISTA BOULEVARD SIGNAGE 2,625,000
    MUNCIE BOYS & GIRLS CLUB
    1710 S MADISON ST
    MUNCIE,IN47302     		N/A PC EXPANDING IMPACT THROUGH COLLABORATION; AIM COLLABORATION & ICE LEAGUE 215,000
    UNITED WAY OF DELAWARE CO
    500 N WALNUT ST
    MUNCIE,IN47305     		N/A PC CAMPAIGN MATCHING FUNDS 75,000
    MUNCIE YMCA
    500 S MULBERRY ST
    MUNCIE,IN47305     		N/A PC INNER CITY EDUCATIONAL LEAGUE 5,000
    HABITAT FOR HUMANITY GREATER MUNCIE IN
    PO BOX 1119
    MUNCIE,IN47308     		N/A PC GROWTH & EXPANSION HOUSING PROGRAM/RESTORE & 8 TWELVE COALITION 211,000
    HUFFER MEMORIAL CHILDRENS CENTER
    2000 N ELGIN STREET
    MUNCIE,IN47302     		N/A PC IMPROVEMENTS TO FACILITY PROJECT PHASE I & HUFFER EXPERIENCE 27,500
    SECOND HARVEST FOODBANK EAST CENTRAL IN
    6621 N OLD SR 3
    MUNCIE,IN47303     		N/A PC BUILDING CAPACITY FOR HUNGRY FAMILIES & FOOD BANK TECHNOLOGY UPGRADE 65,000
    COMMUNITY FOUNDATION OF MUNCIE
    PO BOX 807
    MUNCIE,IN47308     		N/A PC FUNDERS FORUM 5,000
    IVY TECH FOUNDATION
    4301 S COWAN RD
    MUNCIE,IN47302     		N/A PC MUNCIE CAPITAL PROJECT - NURSING 500,000
    UNITED DAY CARE CENTER OF DE COUNTY
    312 S VINE ST
    MUNCIE,IN47302     		N/A PC PLAYGROUND SHADE STRUCTURES 15,250
    YOUTH OPPORTUNITY CENTER
    3700 W KILGORE AVE
    MUNCIE,IN47304     		N/A PC TRANSFORMING TOGETHER: THE NEXT CHAPTER 50,000
    CORNERSTONE CENTER FOR THE ARTS
    520 E MAIN STREET
    MUNCIE,IN47305     		N/A PC ORGANIZATIONAL GROWTH, OPERATING SUPPORT & VERTICAL MAN LIFT 189,995
    MUNCIE CIVIC THEATRE
    216 E MAIN STREET
    MUNCIE,IN47305     		N/A PC MAINSTAGE BALCONY RAILING & FISHER GOVERNANCE AWARD 25,000
    RED TAIL CONSERVANCY
    PO BOX 8
    MUNCIE,IN47308     		N/A PC ORGANIZATIONAL STRENGTH & SUSTAINABILITY 50,000
    HILLCROFT SERVICES INC
    114 EAST STREETER AVE
    MUNCIE,IN47303     		N/A PC BUILDING BETTER FUTURES CAPITAL CAMPAIGN 50,000
    INDEPENDENT COLLEGES OF INDIANA INC
    3135 N MERIDIAN ST
    INDIANAPOLIS,IN46208     		N/A SO I BALL VENTURE FUND 75,000
    MOTIVATE OUR MINDS
    2023 E HIGHLAND
    MUNCIE,IN47303     		N/A PC OPERATING SUPPORT 40,000
    MUNCIE DOWNTOWN DEVELOPMENT PARTNERSHIP
    111 E ADAMS ST
    MUNCIE,IN47305     		N/A PC MUNCIE THREE TRAILS MUSIC SERIES 5,000
    MUSIC FOR ALL INC
    39 W JACKSON PL SUITE 150
    INDIANAPOLIS,IN46225     		N/A PC SUMMER SYMPOSIUM 30,000
    BALL STATE UNIVERSITY FOUNDATION
    AD 216
    MUNCIE,IN47308     		N/A PC JOHN R EMENS COLLEGE-COMMUNITY AUDITORIUM 250,000
    AMERICAN RED CROSS
    1510 N MEREDIAN ST
    INDIANAPOLIS,IN46202     		N/A PC DISASTER CYCLE SERVICES EMERGENCY RESPONSE VEHICLE 75,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC DISTRESSED SCHOOL SUPPORT 50,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC MUNCIE CENTRAL CITY VISION 25,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC MUNCIEP3 225,500
    BOY SCOUTS CROSSROADS OF AMERICA CO
    3400 E JACKSON
    MUNCIE,IN47303     		N/A PC SCOUTREACH ASSISTANCE FOR AT-RISK YOUTH IN MUNCIE 5,000
    DELAWARE COUNTY SHERIFF'S OFFICE
    100 W WASHINGTON
    MUNCIE,IN47305     		N/A GOV SUMMER KIDS CAMP 2,500
    MUNCIE ACTION PLAN
    720 E 2ND STREET
    MUNCIE,IN47305     		N/A PC NEIGHBORHOOD-BASED INITIATIVES 5,000
    MUNCIE CIVIC AND COLLEGE SYMPHONY A
    2000 W UNIVERISTY AVE
    MUNCIE,IN47306     		N/A PC CHAMBER CONCERT, TECH SUPPORT & FELLOWS PROGRAM 15,000
    MUNCIE COMMUNITY SCHOOLS
    2500 N ELGIN ST
    MUNCIE,IN47303     		N/A PC RECRUITMENT, RETENTION & INNOVATION & CAMP ADVENTURE RENOVATIONS 143,723
    PROJECT LEADERSHIP
    118 W 25TH
    MARION,IN46953     		N/A PC CENTER MULTI-SPORTSPLEX DESIGN, INNER CITY EDUCATIONAL LEAGUE & BRIDGE FUNDING 190,000
    JAMES WHITCOMB RILEY MEMORIAL ASSOC
    30 S MERIDIAN
    INDIANAPOLIS,IN46204     		N/A PC LUKE BRACKEN WIESE FUND JUVENILE DIABETES RESEARCH 100,000
    ROSS COMMUNITY CENTER INC
    1110 W 10TH
    MUNCIE,IN47307     		N/A PC OPERATIONAL ASSISTANCE; FACILITY UPGRADE & INNER CITY EDUCATIONAL LEAGUE 151,460
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC BURRIS & MUNCIE CENTRAL HIGH SCHOOLS LEADERSHIP TRAINING 30,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC COLLECTION DATABASE PROJECT & SCHOOL MUSEUM ART READINESS TOUR PROGRAM 35,000
    HOOSIERS FEEDING THE HUNGRY
    0505 CR 32 PO BOX 131
    CORUNNA,IN46730     		N/A PC MEAT THE NEED 2,000
    MUNCIE PUBLIC LIBRARY
    2005 S HIGH ST
    MUNCIE,IN47305     		N/A PC GARDEN PAVILION & NATURE PLAY POCKETS PROJECT 5,000
    COWAN COMMUNITY SCHOOLS
    9401 S NOTTINGHAM
    MUNCIE,IN47302     		N/A PC SCHOOL IMPROVEMENTS, 7TH GRADE CHALLANGE EDUCATION & EXCELLENCE IN TEACHING AWARD 52,660
    YORKTOWN COMMUNITY SCHOOLS
    2311 S BROADWAY ST
    YORKTOWN,IN47396     		N/A PC GROWING TEACHERS TO GROW STUDENTS & DISTRICT WEBSITE REBRANDING 50,000
    YWCA OF MUNCIE
    310 E CHARLES ST
    MUNCIE,IN47305     		N/A PC EMERGENCY SHELTER & COTS STAY PROGRAM 20,000
    SHAFER LEADERSHIP ACADEMY-LEAD ECI
    1208 W WHITE RIVER BLVD STE 127
    MUNCIE,IN47303     		N/A PC GROWTH & SUSTAINABILITY SUPPORT 35,000
    LIBERTY-PERRY COMMUNITY SCHOOL CORP
    105 S CR 650 E PO BOX 337
    SELMA,IN47383     		N/A PC EXCELLENCE IN TEACHING AWARD & IMPROVEMENT & INNOVATION SUPPORT 65,000
    DALEVILLE COMMUNITY SCHOOLS
    14300 W 2ND ST
    DALEVILLE,IN47334     		N/A PC LIBRARY MEDIA CENTER PROJECT 50,000
    DELAWARE COUNTY HISTORICAL SOCIETY
    120 E WASHINGTON ST
    MUNCIE,IN47305     		N/A PC BRONZE STATUE OF HURLEY C GOODALL 30,000
    TEENWORKS
    PO BOX 40177
    INDIANAPOLIS,IN46240     		N/A SO I TEENWORKS CAREER PATHWAYS INITIATIVE 30,000
    INDIANA PHILANTHROPY ALLIANCE FDN
    32 E WASHINGTON ST SUITE 100
    INDIANAPOLIS,IN46204     		N/A SO I PARTICIPATION IN STATEWIDE ALLIANCE OF PHILANTHROPIC ORGANIZATIONS 10,670
    BALL STATE UNIVERSITY FOUNDATION
    2800 W BETHEL AVE
    MUNCIE,IN47304     		N/A PC EMENS AUDITORIUM OUTDOOR TERRACE 125,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC O.W.L. PRIDE ONWARD WITH LEARNING BURRIS LABORATORY SCHOOL - PHASE IV 150,000
    DELAWARE CO BY5 EARLY CHILDHOOD
    201 E JACKSON STE 400
    MUNCIE,IN47305     		N/A SO I CREATING THE TALENT DEVELOPMENT PIPELINE, BEGINNING AT BIRTH 45,000
    ecoREHAB OF MUNCIE INC
    522 S GHARKEY ST
    MUNCIE,IN47305     		N/A PF ENERGY EFFICIENCY REHAB & CAPACITY - BUILDING STAFF & FELLOWS PROGRAM 47,500
    SUSTAINABLE MUNCIE CORPORATION
    2207 W WILSHIRE RD
    MUNCIE,IN47304     		N/A PC EMERGENCY BUILDING REPAIRS 25,000
    MUNCIE SPORTS COMMISSION INC
    3700 S MADISON ST
    MUNCIE,IN47302     		N/A PC SPORTSPLEX PARKING LOT DRIVEWAY PAVING 60,130
    WES-DEL COMMUNITY SCHOOLS
    10290 N CR 600 W
    GASTON,IN47342     		N/A PC 6TH GRADE ACADEMY 50,000
    INDIANA HUMANITIES
    1500 N DELAWARE ST
    INDIANAPOLIS,IN46202     		N/A PC NEXT INDIANA CAMPFIRES 1,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC DEVELOPMENT & IMPLEMENTATION OF COMMUNITY-BASED HEALTHY LIFESTYLE CENTER 150,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC IMMERSIVE LEARNING SEMINAR SUPPORT 10,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC BURRIS BACKYARD 50,000
    BIG BROTHERS BIG SISTERS OF DELAWARE CO
    PO BOX 876
    MUNCIE,IN47308     		N/A PC ONE-TO-ONE MENTORING PROGRAM 10,000
    BURRIS LABORATORY SCHOOL
    2201 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC EXCELLANCE IN TEACHING AWARD 1,000
    GRANT CNTY SOIL WATER CONSERV DISTR
    1113 E 4TH ST
    MARION,IN46952     		N/A GOV UPPER MISSISSINEWA /ECI HEADWATERS PARTNERSHIP 25,000
    IU HEALTH BALL MEMORIAL HOSPITAL FDN
    2401 W UNIVERSITY
    MUNCIE,IN47304     		N/A SO I CENTRAL CITY VISION - IUHBMH & DEDICATED NURSING EDUCATION UNITS 75,000
    IN UNIVERSITY SCHOOL OF MEDICINE -MUNCIE
    221 N CELIA AVE
    MUNCIE,IN47304     		N/A PC OPTIMUS PRIMARY: PHYSICIANS TRAINING 50,000
    MERIDIAN HEALTH SERVICES
    240 N TILLOTSON
    MUNCIE,IN47304     		N/A PC INTEGRATED HEALTH CARE EDUCATION INSTITUTE & MERIDIAN SPEAKER SERIES 26,000
    PURDUE RESEARCH FOUNDATION
    403 W WOOD ST
    WEST LAFAYETTE,IN47907     		N/A PC PURDUE POLYTECHNIC EDUCATION CORRIDOR OF MADJAX MAKERSPACE & MUNSEP-MUNCIE SCIENCE & ENGINEERING PARTNERSHIP 95,000
    CHRISTIAN MINISTRIES OF DELAWARE CO
    401 E MAIN ST
    MUNCIE,IN47305     		N/A PC FACILITY IMPROVEMENT 2,375
    DELAWARE COMMUNITY SCHOOL CORPORATI
    9750 N CR 200 E
    MUNCIE,IN47303     		N/A PC INSTRUCTIONAL DEVICES FOR A BLENDED LEARNING ENVIRONMENT 50,000
    DESTINY CHRISTIAN ACADEMY-YORKTOWN INC
    1699 S PILGRIM BLVD
    YORKTOWN,IN47396     		N/A PC OUTDOOR PLAY STRUCTURE 5,000
    INDIANAPOLIS MUSEUM OF ART INC
    4000 MICHIGAN RD
    INDIANAPOLIS,IN46208     		N/A PC WHITE RIVER BANK STABILIZATION - PHASE I 5,000
    LIFESTREAM SERVICES
    1701 PILGRIM BLVD
    YORKTOWN,IN47396     		N/A PC VETERAN SERVICES 20,000
    MID INDIANA TRAILS
    529 GHARKEY ST
    MUNCIE,IN47305     		N/A PC PRAIRIE CREEK TRAILS PROJECT 40,000
    MINNETRISTA
    PO BOX 488
    MUNCIE,IN47308     		N/A PC FISCAL AGENT MUNCIE ARTS & CULTURAL COUNCIL CAPACITY BUILDING 10,000
    MUNCIE HOME OWNERSHIP REVITALIZATIO
    120 W CHARLES ST
    MUNCIE,IN47305     		N/A PC KILGORE VETERAN HOUSING 5,000
    MUNCIE LAND BANK INC
    300 N HIGH ST
    MUNCIE,IN47305     		N/A NC START-UP CONSULTING FOR OPERATIONS, POLICIES & PROCEDURES 30,000
    SAINT LAWRENCE CATHOLIC SCHOOL
    2801 E 16TH ST
    MUNCIE,IN47302     		N/A PC STUDENT TECHNOLOGY ENHANCEMENT 4,912
    URBAN LIGHT CDC
    PO BOX 3185
    MUNCIE,IN47307     		N/A PC STRATEGIC PLANNING 4,000
    Total .................................bullet 3a 7,689,175
    bApproved for future payment
    IVY TECH FOUNDATION
    345 S HIGH STREET
    MUNCIE,IN47305     		N/A PC MUNCIE CAMPUS CAPITAL CAMPAIGN 500,000
    MINNETRISTA CULTURAL FOUNDATION
    1200 N MINNETRISTA PARKWAY
    MUNCIE,IN47303     		N/A SO I GENERAL OPERATIONS 2,620,000
    BALL STATE UNIVERSITY
    2000 W UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PC BALL STATE & MUNCIE COMMUNITY SCHOOLS - BETTER TOGETHER 1,000,000
    Total .................................bullet 3b 4,120,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 21  
    4 Dividends and interest from securities....     14 2,966,767  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -200,620  
    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 10,251,510  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aBRANZAN ALT INVESTK1 UBTI     		523000 -3,992      
    bMISCELLANEOUS     14 17,605  
    cOIL ROYALTIES     15 325,084  
    dPTSHP K1 CARDINAL ETHANOL 110000 76,090 14 -53,433  
    eTIFF & COMMONFD K-1s UBTI 525990 -3,690      
    fTIFF & COMMONFUND K-1s 525990   14 285,078  
    12 Subtotal. Add columns (b), (d), and (e).. 68,408 13,592,012  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    13,660,420
    (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 (2018)
    Form 990-PF (2018)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BALL ASSOCIATES 130,446 130,446 0 0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    ecoREHAB OF MUNCIE INC PO BOX 137
    MUNCIE,IN47308     		2018-01-04 32,500 ENERGY EFFICIENCY REHAB & CAPACITY-BUILDING STAFF ADDITION   No 11/30/18 2018-11-30 DELAYED ACQUIRING PROPERTY. EXTENDED END DATE TO DECEMBER 2019. FINAL REPORT DUE 12/1/19.
    ecoREHAB OF MUNCIE INC PO BOX 137
    MUNCIE,IN47308     		2017-11-01 90,000 ENERGY EFFECIENCY REHAB & CAPACITY-BUILDING STAFF ADDITION 18,016 No 11/30/18 2018-11-30 DEALYED IN ACQUIRING PROPERTY. EXTENDTED END DATE TO DECEMBER 2019.
    ecoREHAB OF MUNCIE INC PO BOX 137
    MUNCIE,IN47308     		2018-04-11 7,500 UNRESTRICTED FELLOWS GRANT 7,500 No 1/31/19 2019-01-31 PROVIDED ADMIN SUPPORT FOR PERIOD MAY - AUGUST 2018. ADDITIONAL VERIFICATION CONSIDERED UNNECESSARY.
    ecoREHAB OF MUNCIE INC PO BOX 137
    MUNCIE,IN47308     		2018-10-10 7,500 2018 FELLOWS RAPID GRANT   No 12/19/18 2018-12-19 GRANT FUNDS USED TO PURCHASE EQUIPMENT AS OUTLINED IN BUDGET. ADDITIONAL VERIFICATION CONSIDERED UNNECESSARY.
    MUNCIE LAND BANK 300 N HIGH ST
    MUNCIE,IN47305     		2018-10-19 30,000 START-UP CONSULTING FOR ESTABLISHING POLICIES & PROCEDURES 30,000 No MONTHLY NOV 2018 - AUG 2019 2019-08-06 FUNDS USED AS OUTLINED. COPIES OF PROCEDURES, POLICIES AND BY-LAWS RECEIVED. ADDITIONAL VERIFICATION CONSIDERED UNNECESSARY.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FED HOME LN MTG SER 2601 5.5% 04-23 435,188 495,897
    FED HOME LN MTG POOL 5-27 5.5% 73,455 80,846
    FEDERAL NTL MTG ASSN 01-23 5% 12,188 11,843
    LOUISVILLE & JEFFERSON CNTY KT 4.65% 831,867 869,732
    FED NAT MTG ASSOC PL 3.5% 10/1/2040 71,328 70,131
    GOVT NAT MTG ASSC PL 3.5% 7/20/2040 29,201 27,709
    FED NAT MTG ASSOC 3% 12/1/40 716,237 709,489
    FED HOME LN MTG 3.5% 8/15/26 973,272 952,491
    460000 CITIGROUP INC 6.125% 5/15/28    
    FED HOME LN MTG 3% 2/15/26 1,091,395 1,050,017
    GOVT NAT MTG ASSOC 2.25% 1/20/41 273,437 259,258
    FED HOME LN MTG SER 4068 2% 2/15/42 51,453 64,801
    FED HOME LN MTG SER 4144 2% 12/15/32 317,137 294,115
    FED NAT MTG ASSOC POOL 3% 5/1/43 428,249 395,634
    GOVT NAT MTG ASSOC II POOL 1.5% 7/20/43 101,287 103,799
    480000 ZIMMER HLDGS INC 4.625% 11/30/19    
    FED NAT MTG ASSOC POOL #257238 5% 6/1/28 22,794 24,452
    FED HOME LN MTG SER 4315 CL B 3% 2/15/29 692,359 691,336
    JPMORGAN CHASE & CO 3.625% 5-13-24    
    AMGEN INC 3.125% 5-1-25    
    APPLE INC 4.375% 5-13-45 273,996 279,282
    BMW BK, SLC UT CTF DEP 2% 11-18-19 245,000 243,520
    DUKE ENERGY CORP 5.05% 9-15-19 509,251 504,620
    FED NAT MTG ASSOC SER 2014-80 2% 11/41 292,341 278,930
    FED NAT MTG ASSOC SER 2015-22 2% 4/45 688,455 652,847
    GE CAP INTL FDG 144A 3.373% 11-15-25 587,960 529,433
    GOLDMAN SACHS BK USA, NY 2.3% 11-25-20 245,000 241,281
    VISA INC 4.15% 12-14-35 CALLABLE 554,251 573,987
    BANK OF AMER CORP 5.7% 1-24-22 448,763 439,846
    BOSTON PROPS LP 3.8% 2-1-24 327,630 308,862
    DIAMOND 1 FINANCE CORP 3.48% 6-1-19 139,965 139,587
    DIAMOND 1 FINANCE CORP 4.42% 6-15-21 274,920 274,546
    FED HOME LN MTG SER 4569 2.5% 12-15-43 847,922 810,429
    FED NAT MTG ASSOC POOL 2.83% 4-1-30 1,091,764 975,137
    GOLDMAN SACHS GROUP INC 3.75% 5-22-25 428,768 392,276
    ISHARES CORE US AGGREGATE BOND ETF 217,219 212,980
    CHUBB INA HLDGS 2.875% 11/3/22 302,880 297,459
    AMAZON.COM INC 2.8% 8/22/24 354,080 345,046
    APPLE INC 3.2% 5/1/27 270,000 260,572
    AT&T INC 3.9% 8/14/27    
    BOSTON PROPS LP 3.65% 2/1/26    
    BP CAP MKTS PLC 3.279% 9/19/27 365,345 347,411
    COSTCO WHSL CORP 2.3% 5/18/22    
    FED HOME LN MTG SER 4740 3.0% 11/15/44 862,308 846,915
    FED HOME LN MTG SER 4681 3% 4/15/45 560,198 540,694
    HALLIBURTON CO 3.25% 11/15/21    
    HOME DEPOT INC 5.4% 9/15/40 216,903 206,141
    JPMORGAN CHASE & CO 4.032% 7/24/48 490,000 438,530
    MEDTRONIC INC 3.5% 3/15/25 397,111 383,479
    MICROSOFT CORP 2.875% 2/6/24    
    NORTHROP GRUMMAN CORP 3.85% 4/15/45 314,431 291,350
    AMERN EXPRESS CO 3.4% 2-27-23 300,413 302,160
    ANHEUSER-BUSCH INBEV FIN 4.9% 2-1-46 207,901 190,115
    BAYER US FIN II LLC 144A 4.375% 12-15-28 322,631 310,294
    CITIGROUP INC FIX-TO-FLOAT 4.044% 6-1-24 475,000 476,335
    COMCAST CORP 4.25% 10-15-30 283,521 288,223
    CONOCOPHILLIPS CO 4.95% 3-15-26 470,934 470,862
    CONSTELLATION BRANDS INC 3.2% 2-15-23 547,224 533,340
    CVS HEALTH CORP 4.3% 3-25-28 433,814 430,148
    FED HOME LN MTG SER 4818 CL PB 4.5% 2-43 768,032 766,712
    GEORGIA PWR CO 4.3% 3-15-42 324,409 299,384
    GOLDMAN SACHS GROUP IN 3.85% 1-26-27 396,538 385,666
    JPMORGAN CHASE & CO 3.125% 1-23-25 387,215 381,084
    MARSH & MCLENNAN COS INC 3.75% 3-14-26 420,626 415,044
    MORGAN STANLEY 2.8% 6-16-20 376,994 377,530
    WELLS FARGO & CO 2.5% 3-4-21 285,600 285,235

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BALL CORP 228,958 18,392,000
    DANAHER CORP 338,501 900,547
    APPLE INC 83,361 85,811
    COSTCO WHSL CORP NEW 226,777 812,599
    JPMORGAN CHASE & CO 383,567 984,107
    CANADIAN NATL RY CO 45,426 56,546
    LVMH MOET HENNESSY LOUIS BUITTON SP ADR 50,702 84,947
    RECKITT BENCKISER GROUP PLC SP ADR 175,006 146,727
    DRIEHAUS EMERGING MKTS GROWTH FD 1,601,597 1,872,214
    FRESENIUS SE & CO SP ADR    
    VISA INC CL A 378,420 1,275,464
    ABM INDS INC    
    BANCO LATINOAMERICANO DE COM    
    BANK HAWAII CORP 41,190 50,086
    CA WTR SVC GROUP    
    CARPENTER TECHNOLOGY CORP 116,929 91,909
    CITIGROUP INC 718,121 701,613
    ENSIGN GROUP INC    
    EVERCORE PARTNERS INC 33,205 77,213
    GUESS? INC    
    HANOVER INS GROUP INC 19,781 56,867
    HAYNES INTL 11,972 7,392
    HERMAN MILLER INC 55,334 70,029
    HSN INC    
    INTERFACE INC CL A 16,735 14,905
    KNOLL INC 41,891 42,238
    LENNOX INTL INC    
    LITHIA MOTORS INC 70,169 57,553
    MONMOUTH REAL ESTATE INVST 1,209 1,910
    OPPENHEIMER HLDGS INC    
    ORACLE CORP 357,965 380,885
    PLANTRONICS INC    
    SCHOLASTIC CORP 11,015 15,540
    SONIC AUTOMOTICE INC 11,917 13,100
    TENNANT CO 9,732 10,735
    TRUSTCO BANK CORP 2,562 3,821
    VIAD CORP 11,970 15,428
    DST SYS INC DEL    
    EMCOR GROUP INC    
    HORCE MANN EDUCATORS CORP 22,403 31,495
    ALEXANDER & BALDWIN 38,330 24,629
    AMC ENTMT HLDGS IN CL A 36,698 25,039
    CHICOS FAS INC    
    CHINA MOBILE LTD    
    CVS/CAREMARK CORP 668,571 591,580
    DAKTRONICS INC 22,306 16,073
    GRANITE CONSTRUCTION INC 45,269 36,534
    HELCA MINING CO 27,071 26,968
    ING GROEP NV SP ADR 79,757 52,820
    JULIUS BAER GROUP LTD UNSP ADR 91,029 58,415
    KUBOTA CORP SP ADR    
    LUXFER HLDGS PLC SP ADR    
    MUELLER WATER PRODUCTS IN CL A    
    PFIZER INC 741,897 936,511
    SUN HYDRAULICS CORP 18,960 14,404
    AAR CORP    
    CHUBB LTD 361,896 435,207
    ALLETE INC    
    ALLSTATE CORP 399,746 442,897
    AMPHENOL CORP CL A 478,348 786,380
    ANNALY CAP MGMT INC    
    ANSYS INC    
    ANTHEM INC 298,530 428,350
    AON PLC 192,409 195,800
    ASCENA RETAIL GROUP INC    
    ASSURED GUARANTY LTD    
    BARRICK GOLD CORP    
    BERKSHIRE HATHAWAY INC CL B 922,528 1,321,657
    CAP ONE FINL CORP    
    CHEESECAKE FACTORY INC    
    CIVEO CORP 148,197 29,820
    COHEN & STEERS INC 27,291 31,677
    COMCAST CORP CL A 886,945 875,902
    DELTA AIR LINES INC 352,270 378,392
    DEXCOM INC 423,253 826,021
    DIAMONDBACK ENERGY INC    
    DHI GROUP INC (DICE) 116,308 23,849
    DISCOVER FINL SVCS 287,885 293,779
    E TRADE FINL CORP 166,137 349,241
    ENERGEN CORP    
    ENSTAR GROUP LTD 172,695 215,327
    EQT CORP    
    ESTEE LAUDER COS INC CL A 482,390 791,008
    FID NATL INFORMATION SVCS INC 179,019 345,593
    FIFTH THIRD BANCORP    
    GENERAL DYNAMICS CORP    
    GENPACT LTD 495,603 638,125
    GILEAD SCIENCES INC 445,440 332,203
    GLOBUS MEDICAL INC CL A 172,305 171,129
    ALPHABET INC (GOOGLE) CL A    
    ALPHABET INC (GOOGLE) CL C 688,647 1,004,542
    HILL-ROM HOLDINGS INC 53,605 129,106
    HMS HLDGS CORP 37,207 60,705
    INTER PARFUMS INC    
    INTUITIVE SURGICAL INC 356,937 1,156,592
    JOHNSON & JOHNSON 1,147,798 1,308,825
    KELLY SVCS INC CL A 20,329 28,692
    KNOWLES CORP 307,565 155,035
    LABORATORY CORP AMER HLDGS 317,736 369,982
    LEUCADIA NATL CORP    
    LIBERTY GLOBAL PLC CL C 165,200 122,003
    LINCOLN NATL CORP 247,805 229,869
    LLOYDS TSB GROUP PLC SP ADR 167,977 125,957
    MARATHON PETE CORP 383,994 456,619
    MARKEL CORP 176,805 306,225
    MATTHEWS INTL CORP CL A 18,798 14,379
    MEDICAL PROPERTIES TRUST INC 387,458 494,396
    MEREDITH CORP 158,205 147,250
    MICROSOFT CORP 931,970 1,083,549
    MICROSTRATEGY INC CL A    
    NCR CORP 540,114 413,455
    NEWS CORP CL B 275,905 207,450
    NIPPON TELEG & TEL CORP SP ADR 68,027 66,832
    NORTHWESTERN CORP    
    NXP SEMICONDUCTORS NV 741,795 604,047
    OMNICOM GROUP INC 210,704 212,909
    PHILLIPS 66    
    RAYONIER ADVANCED MATERIALS INC 299,533 153,158
    RAYTHEON CO    
    RUTH'S HOSPITALITY GROUP INC    
    SALESFORCE.COM INC 470,612 1,019,331
    SHIRE PLC SP ADR    
    STARBUCKS CORP    
    T ROWE PRICE GROUP INC 232,381 276,129
    TETRA TECH INC 58,195 103,488
    TIME WARNER INC    
    TOTAL S.A. SP ADR 104,771 111,978
    UBIQUITI NETWORKS INC    
    UNITED THERAPEUTICS 272,604 289,565
    WAGEWORKS INC 99,485 59,345
    WESTERN UNION CO    
    ZIMMER BIOMET HLDGS INC 320,327 337,297
    AERCAP HOLDINGS NV 86,879 73,379
    AMAZON COM INC 303,338 1,224,106
    AMDOCS LTD 69,080 73,694
    AXA S.A. SP ADR 227,060 176,660
    AXALTA COATING SYSTEMS LTD 418,387 372,074
    B & G FOODS INC 146,126 141,514
    BADGER METER INC    
    BANCO SANTANDER CHILE NEW SP ADR REP 55,849 76,873
    BANK OF MONTREAL 48,574 58,554
    BNP PARIBAS SP ADR 85,301 60,063
    BWX TECHNOLOGIES INC 637,136 439,989
    CARNIVAL PLC SP ADR 75,886 69,976
    CBS CORP CL B 240,710 240,897
    CHECK POINT SOFTWARE TECH LTD    
    CIGNA CORP 398,505 482,967
    COMPAGNIE DE SAINT-GOBAIN UNSP ADR    
    COVANTA HLDG CORP 60,031 53,331
    CTRIP.COM INTL LTD SP ADR    
    APTIV PLC 91,359 73,761
    DEUTSCHE TELEKOM AG SP ADR    
    DOWDUPONT INC    
    EBAY INC 270,996 298,749
    ENERGIZER HLDGS INC 116,748 140,552
    ENPRO INDUSTRIES INC 30,308 26,384
    FACEBOOK INC CL A    
    FLEETCOR TECH INC 316,734 390,755
    FLEX LTD    
    FORWARD AIR CORP    
    FUJIFILM HLDGS CORP UNSP ADR 78,938 79,122
    GENTEX CORP 245,555 326,028
    GRIFOLS S.A. SP ADR 60,237 67,785
    GRUPO FINANCIERO SANTANDER MEXICO SAB DE    
    HDFC BK LTD SP ADR 71,383 122,858
    HOLLYSYS AUTOMATION TECHNOLOGIES LTD 55,953 38,627
    IBERDROLA SA SP ADR 147,097 173,029
    ICON PLC 34,928 69,386
    INVESCO LTD    
    JACOBS ENGR GROUP INC 139,103 196,309
    KFORCE INC 13,149 23,685
    LIBERTY GLOBAL PLC LILAC SHS CL C    
    LYONDELLBASELL INDS NV CL A 75,252 61,372
    MAGNA INTL INC CL A 78,088 65,448
    MAKITA CORP SP ADR 31,155 33,029
    MERCK & CO INC    
    METHANEX CORP    
    MITSUBISHI UFJ FINL GRP SP ADR 78,752 58,158
    NATL GRID PLC SP ADR    
    NETLEASE INC SP ADR 28,712 41,660
    NEW ORIENTAL ED & TECH GROUP INC SP ADR 23,778 54,097
    NN INC    
    NOBLE CORP PLC    
    ORIX CORP SP ADR 95,844 89,294
    REGAL ENTERTAINMENT GROUP CL A    
    RYANAIR HLDGS PLC SP ADR 41,018 42,091
    SANDERSON FARMS INC    
    SENSATA TECHNOLOGIES HLDG NV 412,037 442,750
    SUN LIFE FINL INC 45,482 46,200
    TAIWAN SEMICONDUCTOR MFG CO LTD SP ADR 44,000 67,767
    TANGER FACTORY OUTLET CENTERS 102,446 83,529
    UNITED TECH CORP 493,740 476,285
    VINCI SA UNSP ADR 80,568 105,236
    WABTEC CORP    
    WESTROCK CO 148,081 147,415
    WNS HLDGS LTD SP ADR 44,460 68,657
    WPP PLC SP ADR    
    YANDEX NV CL A 43,755 68,539
    ACI WORLDWIDE INC 54,964 78,776
    ACXIOM CORP    
    ADOBE SYS INC 332,763 792,745
    AFFILIATED MANAGERS GROUP INC 500,252 352,148
    ALLISON TRANSMISSION HLDGS INC    
    ASTELLAS PHARMA INC UNSP ADR    
    BAIDU INC SP ADR 69,882 55,827
    BANCO SANTANDER S.A. SP ADR 84,283 66,528
    BK OF AMER CORP 479,179 802,944
    BIG LOTS INC    
    BIO TECHNE CORP    
    BK NOVA SCOTIA    
    BLOOMIN' BRANDS INC 28,835 29,841
    BORGWARNER INC    
    BRIT AMERN TOBACCO SP ADR 45,025 24,883
    BROADCOM LTD    
    CALAVO GROWERS INC    
    CANADIAN PAC RAILWAY LTD 204,241 227,709
    CBRE GROUP INC 489,075 729,128
    CEMEX SAB DE CV SP ADR 195,910 103,158
    CHEVRON CORP 794,096 798,627
    CHINA OVERSEAS LAND & INVESTMENT LTD 35,790 36,076
    CHINA PETROLEUM & CHEM SP ADR 117,230 108,724
    CIRRUS LOGIC INC 334,311 305,721
    COCA COLA EUROPEAN PARTNERS PLC 182,804 221,547
    CONOCOPHILLIPS 296,301 369,548
    CRH PLC SP ADR 325,539 250,457
    CUBIC CORP 45,982 69,002
    DAIKIN INDS LTD UNSP ADR    
    DBS GROUP HLDGS LTD SP ADR 64,402 88,711
    DIAMONDROCK HOSPITALITY CO 22,765 19,359
    DIPLOMAT PHARMACY INC 114,739 76,009
    EDUCATION REALTY TR INC    
    ELECTRICITE DE FRANCE SA UNSP ADR 193,575 320,171
    FERROVIAL SA UNSP ADR 174,594 189,395
    FINANCIAL ENGINES INC    
    FIREEYE INC 58,709 65,261
    FIRST INTERSTATE BANCSYSTEM INC CL A 85,829 93,374
    FORTIVE CORP 632,204 885,196
    FORUM ENERGY TECHNOLOGIES INC    
    FRESHPET INC 34,951 68,372
    GOLDMAN SACHS    
    GRAND CANYON EDUCATION INC 95,138 111,138
    GRAHAM CORP    
    HABIT RESTAURANTS INC CL A 61,425 48,667
    HCA HEALTHCARE INC    
    HEALTHCARE SVCS GROUP INC 119,977 123,192
    HEALTHSTREAM INC 90,193 91,070
    IHS MARKIT LTD 77,501 96,228
    ILG INC    
    INFINEON TECHNOLOGIES AG SP ADR 157,139 172,882
    INSULET CORP 49,318 68,850
    ITT INC    
    J&J SNACK FOODS CORP    
    KOMATSU LTD SP ADR 85,053 57,932
    LAFARGEHOLCIM LTD UNSP ADR    
    MERCURY SYSTEMS INC 43,579 63,416
    METTLER TOLEDO INTL INC    
    MOBILE TELESYSTEMS SP ADR 69,080 53,389
    MULTI-COLOR CORP 19,633 13,299
    NEW RELIC INC 44,132 71,901
    NIKE INC CL B    
    NUCOR CORP    
    OUTFRONT MEDIA INC 97,503 85,218
    PAPA JOHNS INTL INC    
    PAYPAL HLDG CORP 538,878 1,081,229
    PHIBRO ANIMAL HEALTH CORP A 30,414 44,027
    PRICESMART INC 16,119 11,820
    QUOTIENT TECHNOLOGY INC 52,025 43,884
    REINSURANCE GROUP OF AMERICA 206,774 306,963
    REPSOL YPF SA SP ADR 107,672 120,124
    RITCHIE BROS AUCTIONEERS INC 105,683 118,381
    ROPER TECHNOLOGIES INC 665,417 979,728
    ROYAL DUTCH SHELL PLC SP ADR 988,497 913,324
    RUSH ENTERPRISES IN CL A    
    SANOFI SP ADR    
    SBA COMMUNICATIONS CORP 625,694 1,018,774
    SHIN-ETSU CHEMICAL CO LTD UNSP ADR 200,073 190,571
    SILICON LABORATORIES INC 73,898 67,225
    SIMPSON MFG CO INC 74,343 75,999
    A O SMITH CORP    
    SPROUTS FARMERS MARKET INC 58,180 65,428
    STEEL DYNAMICS INC    
    SVB FINL GROUP 226,180 455,618
    SYNCHRONY FINL 302,822 250,553
    TE CONNECTIVITY LTD 95,065 115,790
    ANDEAVOR    
    THERMON GROUP HLDGS INC 114,861 109,127
    TREX CO INC 106,506 257,622
    TUPPERWARE BRANDS CORP 19,088 18,753
    UNITEDHEALTH GROUP INC 98,554 174,633
    UNITED RENTALS INC 195,203 323,482
    VEOLIA ENVIRONNEMENT SP ADR    
    VERMILION ENERGY INC    
    WINTRUST FINL CORP    
    ECOLAB INC    
    ABB LTD SP ADR    
    ACERINOX S.A. UNSP ADR    
    ALIBABA GROUP HLDG LTD SP ADR 754,209 700,702
    ALKERMES PLC    
    AMERN EAGLE OUTFITTERS INC 36,627 62,049
    AMERN EQTY INVT LIFE HLDG CO 374,623 365,343
    AMERN INTL GROUP INC    
    AMS AG UNSP ADR    
    APOGEE ENTERPRISES INC 71,923 47,282
    APOLLO GLOBAL MANAGEMENT LLC    
    ARROW ELECTRONICS INC 396,508 349,990
    ARTISAN PARTNERS AAST MGMT 9,333 7,053
    ASHTEAD GROUP PLC UNSP ADR 65,812 62,296
    ATLAS AIR WORLDWIDE HLDGS INC 279,248 203,187
    BASF SE SP ADR 68,887 43,811
    BOSTON BEER CO INC CL A 266,293 372,098
    BRF SA SP ADR    
    BRILLIANCE CHINA AUTOMOTIVE HLDGS LTD    
    CACI INTL INC CL A 281,160 354,314
    CATCHMARK TIMBER TRUST INC CL A 165,731 100,451
    CELANESE CORP    
    CHARTER COMMUNICATIONS    
    CHINA UNICOM HONG KONG LTD SP ADR 255,529 187,531
    CIELO SA SP ADR    
    CISCO SYS INC 820,047 997,457
    COMMERZBANK AG SP ADR 156,129 116,559
    CONVATEC GROUP PLC UNSP ADR    
    COPART INC 277,306 435,849
    CREDIT SUISSE GROUP SP ADR 216,279 157,112
    CUMMINS INC 306,619 246,699
    CYBERARK SOFTWARE LTD 37,708 63,835
    DANONE SP ADR 214,545 204,040
    DELPHI TECHNOLOGIES PLC    
    DISCOVERY INC SER A 178,530 196,609
    DOLLAR GEN CORP 186,088 262,851
    DRIL-QUIP INC 79,775 53,543
    DSW INC CL A    
    DXC TECHNOLOGY CO 312,226 352,039
    E.ON SE SP ADR 18,057 23,304
    EATON CORP PLC 251,386 237,564
    EDWARDS LIFESCIENCES CORP 465,388 698,455
    ELECTRONIC ARTS INC 1,088,177 798,411
    EMERGENT BIOSOLUTIONS INC 327,274 408,439
    ENTRAVISION COMMUNICATIONS CORP CL A    
    EVEREST RE GROUP LTD 222,461 218,849
    FMC CORP 240,264 218,552
    GEN ELEC CO    
    GENMARK DIAGNOSTICS INC 132,449 82,139
    GLAUKOS CORP 32,595 67,460
    GREENBRIER COS INC 31,552 27,085
    HALLIBURTON CO 246,873 141,831
    HAWAIIAN HOLDINGS INC 263,622 139,603
    HEARTLAND EXPRESS INC 89,006 78,873
    HOME DEPOT INC 155,942 152,576
    HP INC 470,694 468,554
    INNOPHOS HLDGS INC 139,591 77,662
    INNOSPEC INC    
    INTUIT INC 701,794 1,076,966
    IPG PHOTONICS CORP    
    ITAU UNIBANCO HLDG SA SP ADR 47,361 52,436
    KENNAMETAL INC 9,225 9,085
    KEYCORP 316,383 271,494
    KINGFISHER PLC SP ADR    
    KLX INC    
    KOHLS CORP    
    KOREA ELECTRIC POWER CORP SA ADR    
    KORN/FERRY INTL 25,257 32,620
    L3 TECHNOLOGIES INC    
    MANHATTAN ASSOCIATES INC 431,900 391,117
    MCKESSON CORP 619,610 471,928
    MELCO CROWN ENTERTAINMENT LTD SP ADR 75,910 59,168
    MOMO IN SP ADR 49,634 36,765
    MONRO INC 58,075 86,075
    NEOGENOMICS INC 33,488 52,861
    NETAPP INC 119,309 156,156
    NN GROUP NV UNSP ADR 138,518 141,734
    NUTRISYSTEM INC 110,223 124,093
    NVR INC    
    OMRON CORP SP ADR 211,769 184,988
    ORMAT TECHNOLOGIES INC 317,913 260,768
    PAYLOCITY HLDG CORP 58,733 82,367
    PBF ENERGY INC CL A 263,217 397,855
    PETROLEO BRASILEIRO SA SP ADR    
    PILGRIM'S PRIDE CORP    
    PING AN INSURANCE GROUP CO CHINA LTD SP 203,961 196,759
    POTLATCHDELIC CORP 354,091 222,429
    PRICELINE GROUP INC    
    PTC INC    
    REALOGY HLDGS CORP 368,762 202,481
    REGIONS FINL CORP 231,574 216,649
    RETAIL OPPORTUNITY INVESTMENTS CORP    
    RIO TINTO PLC SP ADR 247,839 234,546
    SAP AKTIENGESELLSCHAFT SP ADR 204,492 189,941
    SEAWORLD ENTERTAINMENT INC    
    SERBANK RUSSIA SP ADR 84,768 67,256
    SNAP ON INC    
    SOFTBANK CORP UNSP ADR 259,501 223,616
    SONIC CORP    
    SOUTHWEST AIRLS CO COM    
    SOUTHWESTERN ENERGY CO 322,798 164,505
    SPIRIT AEROSYSTEMS HLDGS INC CL A    
    STERICYCLE INC 114,712 64,684
    SUMITOMO MITSUI FINL GROUP INC SP ADR 67,228 52,783
    TAL EDUCATION GROUP SP ADR 185,154 166,590
    TAUBMAN CENTERS INC 7,688 7,642
    TENCENT HLDGS LTD UNSP ADR 146,828 138,767
    TENNECO INC CL A 331,128 152,644
    TEVA PHARMACEUTICAL INDS LTD SP ADR 147,693 71,472
    THERMO FISHER SCIENTIFIC INC 730,699 1,007,726
    TJX CO INC 595,529 691,949
    TOKYO ELECTRON LTD UNSP ADR 72,798 42,661
    TRINITY INDS INC 124,675 116,807
    TWENTY-FIRST CENTURY FOX INC    
    UGI CORP    
    UNICREDIT SPA UNSP ADR 288,944 174,321
    VERIZON COMMUNICATIONS 676,502 712,645
    WABASH NATL CORP 39,314 30,437
    WALKER & DUNLOP INC 269,385 222,045
    WELLS FARGO & CO NEW 886,926 732,948
    XL GROUP LTD    
    YY INC SP ADR 62,126 53,275
    ZOETIS INC 832,959 1,252,135
    ADIDAS AG SP ADR 114,138 107,800
    AIR LEASE CORP 266,136 227,209
    ALLERGAN PLC 64,826 49,187
    ALTRA INDUSTRIAL MOTIONCORP 40,368 25,728
    AMBARELLA INC 87,808 82,098
    AMERN EXPRESS CO 171,027 172,529
    AMERN INTL GROUP INC 484,049 344,404
    APERGY CORP 105,407 69,758
    ARCOSA INC 50,266 52,362
    AT&T INC 5.625% PFD 8/1/67 224,280 208,710
    AUTODESK INC 776,788 745,295
    AVX CORP 13,120 12,383
    BANCO SANTANDER MEXICO S.A. INSTITUCION 64,040 42,880
    BARCLAYS PLC SP ADR 240,613 153,333
    BOEING CO 684,155 622,103
    BOISE CASCADE CO 40,224 25,472
    BOOKING HLDGS INC 898,893 814,705
    BRADY CORP CL A 6,523 6,867
    CABOT CORP 12,466 11,079
    CABOT MICROELECTRONICS CORP 71,656 63,598
    CAMBREX CORP 200,278 141,676
    CANTEL MEDICAL CORP 69,379 64,250
    CARMAX INC 355,549 342,318
    CENTURYLINK INC 182,217 162,226
    CHINA COMMUNICATIONS CONSTRUCTION CO LTD 43,319 36,823
    CIMAREX ENERGY CO 423,813 287,474
    CINTAS CORP 797,236 776,618
    CNH INDUSTRIAL NV 108,115 83,507
    CNOOC LTD SP ADR 98,644 99,092
    COHU INC 20,052 16,359
    COLUMBUS MCKINNON CORP 5,296 4,762
    COMMERICAL METALS CO 25,744 21,675
    COMMSCOPE HLDG CO INC 429,424 221,675
    COMTECH TELECOMMUNICATIONS CORP 29,539 22,101
    CROWN HLDGS INC 380,081 371,511
    DEUTSCHE BOERSE AG UNSP ADR 68,427 63,440
    DOLLAR TREE INC 169,582 180,640
    DOVER CORP 166,747 154,600
    EDISON INTL 238,690 217,032
    EMERALD EXPOSITIONS EVENTS INC 26,748 21,422
    ENCOMPASS HEALTH CORP 328,546 351,258
    ENI S P A SP ADR 203,209 169,092
    EQUITRANS MIDSTREAM CORP 8 8
    EQUITY RESIDENTIAL 222,712 236,184
    ESSEX PROPERTY TR INC 150,448 144,429
    EURONET WORLDWIDE INC 352,689 315,842
    EXLSERVICE HLDGS INC 383,065 323,666
    FEDERATED INVESTORS INC 365,450 387,736
    FIRST DATA CORP CL A 220,414 208,788
    FRESENIUS MEDICAL CARE AG & CO SP ADR 96,363 79,679
    G-III APPAREL GROUP LTD 258,448 179,779
    GRAY TELEVISION INC 438,440 370,475
    HFF INC 333,171 274,399
    HONG KONG EXCHANGES & CLEARING UNSP ADR 67,650 70,329
    HUNTINGTON BANCSHARES INC 341,603 280,549
    HUNTSMAN CORP 207,837 161,747
    INDUSTRIAL DE DISENO TEXTIL S.A UNSP ADR 82,944 59,749
    INFOSYS LTD SP ADR 51,164 50,018
    JEFFERIES FINL GROUP INC 556,540 408,186
    KADANT INC COMMON 4,979 4,562
    KEMPER CORP 102,949 120,812
    KERING UNSP ADR 67,980 70,343
    LANTHEUS HLDGS INC 122,888 137,548
    LAS VEGAS SANDS CORP 224,530 204,088
    LINDSAY CORP 9,196 9,432
    LIVERAMP HLDGS INC 36,734 58,100
    LOWE'S COMPANIES INC 184,422 190,262
    LUKOIL PJSC SP ADR 91,851 100,699
    MASIMO CORP 354,709 430,446
    MATSON INC 8,879 7,717
    MAXIMUS INC 239,086 242,656
    MEDTRONIC PLC 543,173 518,654
    MERITAGE HOMES CORP 430,183 365,952
    MOSAIC CO 160,255 128,466
    MOVADO GROUP INC 16,133 15,367
    NATIONAL FUEL GAS CO 379,030 344,288
    NEENAH INC 23,090 20,799
    NETSCOUT SYS INC 97,725 94,709
    NOBLE ENERGY INC 237,239 148,729
    NORDSTROM INC 108,373 82,406
    NOVARTIS AG SP ADR 389,319 396,099
    NOVO NORDISK A/S SP ADR 106,065 104,763
    NUTRIEN LTD 199,940 181,138
    OMNICELL INC 48,273 69,752
    OSHKOSH CORP 395,309 345,482
    OWENS CORNING INC 205,791 148,081
    PANASONIC CORP SP ADR 41,789 25,742
    PENSKE AUTOMOTIVE GROUP INC 341,680 279,498
    PHYSICIANS REALTY TR 94,327 99,915
    POWER INTEGRATIONS INC 157,959 147,876
    PROCTOR & GAMBLE CO 806,081 798,509
    PRYSMIAN SPA UNSP ADR 113,832 87,453
    PULTEGROUP INC 76,593 81,063
    RECRUIT HLDGS CO LTD UNSP ADR 33,735 28,478
    RELIANCE STEEL & ALUMINUM CO 394,716 347,523
    RESIDEO TECHNOLOGIES INC 7,227 6,658
    RPC GROUP PLC UNSP ADR 104,984 81,944
    SAFRAN SA UNSP ADR 135,796 123,832
    SENSIENT TECHNOLOGIES CORP 24,060 22,619
    SHERWIN WILLIAMS CO 962,520 918,729
    SL GREEN RLTY CORP 330,692 266,421
    SLM CORP 337,264 249,350
    SM ENERGY CO 27,367 22,152
    SOUTHWEST AIRLS CO COM 311,109 246,623
    SPECTRUM BRANDS HLDGS INC 433,925 220,038
    STANDARD MOTOR PRODUCTS INC 11,784 12,398
    STANDEX INTL CORP 5,163 3,225
    TARGET CORP 246,924 237,461
    THOMSON REUTERS CORP 66,941 75,605
    TOLL BROTHERS INC 120,759 120,260
    TYSON FOODS INC CL A 56,334 58,526
    U.S. SILICA HLDGS INC 52,060 27,354
    UBISOFT ENTERTAINMENT SA UNSP ADR 144,820 117,052
    UBS GROUP AG 108,667 73,265
    UNION PACIFIC CORP 337,586 303,830
    UNITED NATURAL FOODS INC 335,894 77,265
    UNITED PARCEL SERVICE CL B 187,404 166,386
    VALMONT INDUSTRIES INC 21,439 19,860
    VIEWRAY INC 75,394 50,891
    WALGREENS BOOTS ALLIANCE INC 314,572 269,425
    WERNER ENTERPRISES INC 36,991 30,101
    WESCO INTL INC 411,936 361,440
    WYNDHAM DESTINATIONS INC 161,469 122,501
    WYNDHAM HOTELS & RESORTS INC 168,351 123,543
    ZTO EXPRESS CAYMAN INC SP ADR 69,041 55,975

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    US Government Securities - End of Year Book Value:

    14,056,376
    US Government Securities - End of Year Fair Market Value:

    13,913,416
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 InvestmentsLandSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Buildings 283,022 224,810 58,212 450,000

    TY 2018 InvestmentsOtherSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OIL LEASES AT COST 80,000 650,168
    TIFF PARTNERS IV FMV 102,657 102,657
    TIFF EQUITY PARTNERS 2005 FMV 481,038 481,038
    TIFF EQUITY PARTNERS 2006 FMV 151,051 151,051
    TIFF EQUITY PARTNERS 2007 FMV 406,108 406,108
    CARDINAL ETHANOL, LLC FMV 819,218 819,218
    TIFF EQUITY PARTNERS 2008 FMV 900,073 900,073
    TIFF EQUITY PARTNERS 2009 FMV 129,738 129,738
    BRANZAN FUND AT COST 495,703 597,344
    TIFF EQUITY PARTNERS 2010 FMV 334,276 334,276
    TIFF EQUITY PARTNERS 2015 FMV 835,567 835,567
    COMMONFUND GLOBAL PRIVATE EQUITY 2014 FMV 2,342,673 2,342,673
    TIFF EQUITY PARTNERS 2016 FMV 494,181 494,181
    TIFF EQUITY PARTNERS 2017 FMV 215,958 215,958
    TIFF EQUITY PARTNERS 2018 FMV 80,565 80,565
    COMMONFUND GPE II FMV 499,658 499,658
    COMMONFUND VENTURE XII AT COST 80,287 85,886

    TY 2018 LandEtcSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 130,148 122,857 7,291 7,291


    TY 2018 LegalFeesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,879 2,604 0 275


    TY 2018 OtherExpensesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACTIVITIES & FEES 19,667 19,667    
    DUES 1,905 1,905    
    INSURANCE 5,480 5,480    
    OFFICE RE: CHARITABLE 9,949     9,949
    PARTNERSHIP EXPENSE 263,786 263,786    
    Rental Expenses 190,557 190,557    
    SUPPLIES & SUNDRY 33,936 33,936    


    TY 2018 OtherIncomeSchedule2
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BRANZAN ALT INVESTK1 UBTI -3,992    
    MISCELLANEOUS 17,605 17,605  
    OIL ROYALTIES 325,084 198,271  
    PTSHP K1 CARDINAL ETHANOL 22,657    
    TIFF & COMMONFD K-1s UBTI -3,690    
    TIFF & COMMONFUND K-1s 285,078    


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ANNUAL REPORT PREP 3,200 0 0 3,200
    CONSULTING FEES 9,958 9,958 0 0
    INVESTMENT FEES 767,998 767,998 0 0


    TY 2018 TaxesSchedule
    Name:
    BALL BROTHERS FOUNDATION
    EIN:
    35-0882856
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX 185,301      
    FOREIGN TAX W/H ON DIVIDENDS 50,654 50,654