Public Charity

NEW MEXICO TECH FOUNDATION

NEW MEXICO TECH FOUNDATION is a nonprofit organization categorized as Public Charity based in SOCORRO, NM. Its most recent IRS filing (2025) reports revenue of $2.7M, expenses of $3.6M, total assets of $46.2M. Imperigo tracks 19 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 850194323 SOCORRO, NM Latest filing: 2025
Total Revenue$2.7M
Total Expenses$3.6M
Total Assets$46.2M
Grant Records19
Funding Total$1.3M
Filing Years2021–2025

Mission

THE FOUNDATION IS ORGANIZED TO PROMOTE AND ADVANCE THE INTERESTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY BY MAKING FUNDS AVAILABLE FOR INSTITUTIONAL SUPPORT AND SCHOLARSHIPS.

Officers & Directors

SECRETARY/TREASURER Borden Putnam Iii
TRUSTEE Cindy Ardito
PRESIDENT Clinton Marrs
EXECUTIVE DIRECTOR Colleen Foster
TRUSTEE Deborah Corey
TRUSTEE Delilah Walsh

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$736,975 5 grants
WATER ACCESS AND CONSERVATION
$150,000 2 grants
EDUCATION
$145,100 3 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$71,000 3 grants
General Support
$41,870 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $3.6M $46.2M
2024 $3.4M $3.2M $43.9M
2023 $5.9M $3.7M $41.0M
2022 $2.5M $3.2M $38.5M
2021 $8.0M $2.6M $40.8M

Between 2021 and 2025, reported annual revenue declined from $8.0M to $2.7M (-66%), with total assets most recently reported at $46.2M.

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

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