University Of New Mexico Foundation Incorporated

Organization Overview

University Of New Mexico Foundation Incorporated is located in Albuquerque, NM. The organization was established in 1980. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, University Of New Mexico Foundation Incorporated employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of New Mexico Foundation Incorporated 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 06/2022, University Of New Mexico Foundation Incorporated generated $103.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $78.2m during the year ending 06/2022. While expenses have increased by 12.4% per year over the past 5 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

THE UNIVERSITY OF NEW MEXICO FOUNDATION, INC. ENHANCES THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF NEW MEXICO BY RAISING PRIVATE FUNDS FOR THE BENEFIT OF STUDENTS, FACULTY AND PROGRAMS; AND INVESTS ENDOWMENT FUNDS AND OTHER FUNDS NOT IMMEDIATELY REQUIRED TO PROVIDE FOR LONG-TERM SUPPORT OF THE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Ryan Mummert
Chair
$0
Felicia Finston
Vice Chair/chair Elect
$0
Thomas Daulton
National Vice Chair
$0
Lameck Lukanga
Assistant Treasurer
$0
Cheryl Fossum-Graham
Secretary
$0
Todd Sandoval
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ruffalo Cody
Professional Fundraising
$158,505
Grenzebach Glier And Associates
Benchmarking And Data Consulting
$149,024
Northern Trust
Investment Custodians
$123,098
Performance Enhancements Inc
It Mgmt Consultants
$184,578
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,318,786
All other contributions, gifts, grants, and similar amounts not included above$68,527,672
Noncash contributions included in lines 1a–1f $7,416,561
Total Revenue from Contributions, Gifts, Grants & Similar$69,846,458
Total Program Service Revenue$8,405,901
Investment income $2,708,961
Tax Exempt Bond Proceeds $0
Royalties $67,750
Net Rental Income -$67,380
Net Gain/Loss on Asset Sales $22,158,500
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $103,141,341

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University Of Utah Research Foundation
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New Mexico State University Foundation Inc
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University Of Northern Colorado Foundation Inc
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