New Mexico State University Foundation Inc

Organization Overview

New Mexico State University Foundation Inc is located in Las Cruces, NM. The organization was established in 1960. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico State University Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, New Mexico State University Foundation Inc generated $111.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $15.4m during the year ending 06/2021. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF NEW MEXICO STATE UNIVERSITY FOUNDATION IS TO FOSTER LONG- TERM RELATIONSHIPS WITH OUR ALUMNI, SUPPORTERS, AND COMMUNITY IN ORDER TO SECURE, MANAGE, STEWARD, AND PROTECT A SUSTAINABLE SOURCE OF PRIVATE RESOURCES THAT WILL ENHANCE THE ABILITY OF NEW MEXICO STATE UNIVERSITY TO FULFILL ITS LAND GRANT MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REPRESENTS DIRECT GRANTS TO NEW MEXICO STATE UNIVERSITY (NMSU) IN SUPPORT OF A WIDE VARIETY OF ACTIVITIES INCLUDING FUNDING FOR ALL NMSU COLLEGES AND UNITS, ATHLETICS AND RESEARCH INITIATIVES. A PORTION OF THIS AMOUNT PROVIDED FUNDING FOR SCHOLARSHIPS AWARDED TO OVER 3,400 STUDENTS DURING THE FISCAL YEAR. OVERALL FUNDING OF NMSU DURING THE FISCAL YEAR WAS PROVIDED BY THOUSANDS OF CURRENT USE GIFTS FROM GENEROUS DONORS AND ALUMNI AS WELL AS GRANTS FROM OVER 1,800 ENDOWMENT FUNDS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kyle Louvar
Chair
$0
Christian Hendrickson
Vice Chair
$0
Bobby Lutz
Former Chair
$0
Aaron DE Los Santos
Treasurer
$0
Raquel Bone
Secretary
$0
Larry Allen
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blackbaud
Software Maint
$157,313
Angeles Investment Advisors Llc
Ocio
$552,374
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$93,286,084
Investment income $6,438,224
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $324,700
Net Gain/Loss on Asset Sales $10,904,962
Net Income from Fundraising Events $17,784
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $111,307,691

Peer Organizations

Organization NameAssets
Colorado School Of Mines Foundation
Golden, CO
$49,131,943
American Indian College Fund
Denver, CO
$57,441,920
Asu Enterprise Partners
Tempe, AZ
$17,546,517
Lincoln Institute Of Land Policy
Phoenix, AZ
$64,138,879
Mccombs School Of Business Foundation
Austin, TX
$23,706,118
Northern Arizona University Fdn Inc
Flagstaff, AZ
$31,285,827
The Center For Collaborative Research Inc
Houston, TX
$18,401,967
Cynthia & Geo Mitchell Foundation
The Woodlands, TX
$28,428,897
Midland College Foundation Inc
Midland, TX
$33,003,754
University Of Utah Research Foundation
Salt Lake City, UT
$28,580,220
New Mexico State University Foundation Inc
Las Cruces, NM
$111,307,691
University Of Northern Colorado Foundation Inc
Greeley, CO
$14,757,441
America Can Cars For Kids
Dallas, TX
$12,374,341
University Of Texas Law School Foundation
Austin, TX
$16,945,573
Friends Of Imagine International Academy Of North Texas
Mckinney, TX
$13,491,498
Alpine Education Services
Sugarland, TX
$12,576,974
Dallas Seminary Foundation
Dallas, TX
$12,726,520
Colorado Mesa University Foundation
Grand Junciton, CO
$13,253,437
University Of Houston Foundation
Houston, TX
$14,179,306
Peruna East Corporation
Dallas, TX
$92,400
San Tan Montessori School Inc
Gilbert, AZ
$10,178,872
Southwestern Oklahoma State University Foundation Inc
Weatherford, OK
$4,404,219
Colorado State University-Pueblo Foundation
Pueblo, CO
$7,087,877
Texas High School Rodeo Association Inc
Center, TX
$7,136,265
Texas Womans University Foundation
Denton, TX
$13,702,445

Create an account to unlock the data you need.

or