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 06/2021, University Of New Mexico Foundation Incorporated employed 79 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 06/2020, University Of New Mexico Foundation Incorporated generated $53.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $46.9m during the year ending 06/2020. While expenses have increased by 3.1% per year over the past 6 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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
Jeffrey Todd
President And CEO
$318,537
Willliam Uher
Vice President
$280,847
Lawrence Ryan
Vice President
$278,029
Curtis Helsel
COO (through 6/30/21)
$251,528
Patrick Allen
General Counsel
$220,370
Kenneth Stansbury
CFO & Treasurer
$199,952

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Grenzebach Glier And Associate
Benchmarking And Data Consulting
$196,119
Go Bonds For Higher Education
Lobbying
$104,000
The Stockade Consulting Group Inc
Professional Fundraiser
$155,000
Northern Trust
Investment Custodians
$105,121
Aon Hewitt
Investment Consultants
$138,140
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$36,333,277
Investment income $1,714,410
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $71,796
Net Gain/Loss on Asset Sales $7,741,466
Net Income from Fundraising Events -$16,145
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $53,815,950

Grants Recieved

Over the last fiscal year, we have identified 1 grants that University Of New Mexico Foundation Incorporated has recieved totaling $2,500.

Awarding OrganizationAmount
Clampitt Foundation

Dallas, TX

PURPOSE: EDUCATIONAL

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$228,138,458
Earnings$70,153,193
Admin Expense$4,102,175
Net Contributions$17,001,713
Grants$11,491,811
Ending Balance$299,699,378

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