Public Charity

NEW MEXICO MILITARY INSTITUTE FOUNDATION INC

Based in Roswell, NM, NEW MEXICO MILITARY INSTITUTE FOUNDATION INC operates as a Public Charity. The organization reported $5.2M in revenue, $3.1M in expenses, $93.5M in total assets for fiscal year 2025. Imperigo tracks 26 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 856010718 Roswell, NM Latest filing: 2025
Total Revenue$5.2M
Total Expenses$3.1M
Total Assets$93.5M
Grant Records26
Funding Total$1.2M
Filing Years2021–2025

Mission

The mission of the New Mexico Military Institute Foundation, Inc. (Foundation) is to create, maintain and administer an endowment fund for the benefit of New Mexico Military Institute (NMMI) to be used for research, scientific and literary purposes; for increasing the building, equipment and other facilities of NMMI; to provide for scholarships; and to promote generally the growth, welfare, and maintenance of NMMI.

Officers & Directors

Ex Officio Member Bg Voris W Mcburnette Nmmi Supt
NMMI Regent Member Christina Maria Montoya
Member Claire E Chase
Member Dr Earl A Tres Latimer Iii
Secretary Dr Jesus R Ramos Garza
Treasurer Frank Spencer Iii

Officer compensation and complete director data available with membership.

Top Grant Purposes

Support school scholarships
$567,000 7 grants
Support School Scholarships
$201,000 2 grants
AGENCY DISTRIBUTION
$115,749 4 grants
GENERAL SUPPORT
$103,198 2 grants
EDUCATION
$90,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.2M $3.1M $93.5M
2024 $4.4M $2.9M $86.0M
2023 $8.4M $2.7M $78.7M
2021 $2.7M $2.3M $81.5M

Between 2021 and 2025, reported annual revenue grew from $2.7M to $5.2M (+92%), with total assets most recently reported at $93.5M.

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

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