Tom Heck, CFA is Chief Investment Officer of the Ball State University Foundation, having served as its Vice President/Treasurer for 20 years. During his tenure assets of the foundation have grown from $27 million to over $200 million, with a corresponding evolution in the organization’s size and complexity. In November 2007 the Foundation was named Small Nonprofit of the Year by Institutional Investor News. The foundation’s asset allocation has evolved from 65% fixed/35% equities to 10% fixed/40% equities/50% alternatives. Mr. Heck formerly was responsible for all financial functions of the foundation including financial reporting, gift processing, charitable trust and annuity administration, budgets, technology, and strategic financial planning.
Mr. Heck has served as treasurer of White River Health Care, P.C., an independent family practice office operated by his wife, Dr. Debbie Heck. Mr. Heck serves on the board of directors of the North Indiana United Methodist Foundation and the Indiana United Methodist Loan Fund and has served in similar capacities in several church and other local not-for-profit organizations.
Mr. Heck received a B.S. in Social Studies Education from Purdue University in 1976 and an M.S. in Accounting from Ball State University in 1983, and received the CFA Charter in 2007. Memberships include the CFA Society of Indianapolis and the National Association of College and University Business Officers (NACUBO).