Ball Brothers Foundation launches strategic planning for new 5-year plan - The Star Press

FROM NEWS REPORTS

MUNCIE, Ind. — As the Ball Brothers Foundation enters its 96th year of grantmaking in 2022, the board of directors has named a new board member and launched a strategic planning process.

Rick Petty, a fourth-generation Ball family member, was appointed to the foundation’s board of directors at its February meeting and was elected to serve as treasurer of the board. Petty spent the early years of his life in Muncie and now resides in New York, according to a release. He has served on the foundation’s Finance Committee since 2014. A graduate of Western Washington University, he earned his BA in economics and began a career in investment consulting.

As the foundation approaches its 100th anniversary in 2026, the board of directors has launched its New Century Strategic Planning Process. The plan is intended to ensure a strong, impactful conclusion to the foundation’s first century of grantmaking and set the strategic direction for 2023-27.

“As we work to improve the quality of life in our community and in our state, we are committed to gathering insights and feedback from our valued community partners. This is critical to inform our grantmaking strategies and priorities,” Jenna Wachtmann, vice president of the foundation, said in the release.

As part of the strategic planning process, the foundation will survey and interview grantees, community leaders, and peer grantmakers to receive feedback on the foundation’s work. This feedback will help set the direction for the new five-year plan.

“As we look toward our century celebration in 2026, we are honored to carry on the stewardship legacy of the founding Ball brothers and their families,” Jud Fisher, the foundation’s president and chief operating officer, said in the release. “Ball Brothers Foundation has been privileged to lead through many historic events, such as the Great Depression, World War II, multiple recessions, and now a global pandemic. We are energized to finish our first 100 years strong and excited to see what opportunities come in the future.”

Ball Brothers Foundation is one of the state’s oldest and largest family foundations. The foundation hit a record high of $8.6 million paid out in awards last year, and will make $10 million in grants during 2022 to support arts and culture, education, the environment, health, human services, and public affairs. The Muncie-based private foundation gives priority to projects and programs that improve the quality of life in the foundation’s home city, county and state.

To learn more about Ball Brothers Foundation and its grantmaking initiatives, visit ballfdn.org.

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