Public Charity

New Mexico State Univ Fdn Inc

Based in Las Cruces, NM, New Mexico State Univ Fdn Inc operates as a Public Charity. The organization reported $56.7M in revenue, $26.3M in expenses, $468.5M in total assets for fiscal year 2025. Imperigo tracks 137 reported grant relationships connected to this organization totaling approximately $8.2M.

EIN: 850170157 Las Cruces, NM Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$56.7M
Total Expenses$26.3M
Total Assets$468.5M
Grant Records137
Funding Total$8.2M
Filing Years2021–2025

Mission

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.

Where $100 goes at New Mexico State Univ Fdn Inc

How New Mexico State Univ Fdn Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$68 Programs the work itself
$14 Management running the organization
$18 Fundraising raising the next dollar

Inside the $68 for programs

$68
In FY25, New Mexico State University Foundation advanced its mission to support academic excellence, research innovation, and student success across the NMSU system
All program spending · Reported in the filing: 2,850 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Abel Covarrubias
Controller Alasdair Forsythe
SECRETARY Amy Hummer
DIRECTOR Bob Dintelman
DIRECTOR Brenda Porter
Sr. Director of Foundation Relations Brien Murphy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,367,559 71 grants
Education
$1,319,173 35 grants
Health & Medicine
$747,100 12 grants
Research & Policy
$117,522 3 grants
Environment & Conservation
$17,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $56.7M $26.3M $468.5M
2024 $41.1M $29.8M $423.1M
2023 $19.0M $24.3M $384.4M
2022 $94.0M $18.9M $352.5M
2021 $111.3M $15.4M $355.5M

Between 2021 and 2025, reported annual revenue declined from $111.3M to $56.7M (-49%), with total assets most recently reported at $468.5M.

Interactive year-over-year charts and full filing details available with membership.

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