From public IRS filings
NEW MEXICO MILITARY INSTITUTE FOUNDATION INC
ROSWELL, NM · Education
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.
Financials (IRS Form 990)
Total revenue
$5.2M
Total expenses
$3.1M
Total assets
$93.5M
Program expense ratio
8664%
Source: IRS Form 990, tax year 2024.
Who funds NEW MEXICO MILITARY INSTITUTE FOUNDATION INC
$691K in foundation grants on record from 7 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Waterhouse Charitable Trust | $305K | 4 |
| Albuquerque Community Foundation | $134K | 3 |
| National Philanthropic Trust | $120K | 3 |
| Fidelity Investments Charitable Gift Fund | $35K | 3 |
| Foundation for the Carolinas | $25K | 1 |
| California Community Foundation | $10K | 1 |
| Tulsa Community Foundation | $8K | 1 |
Leadership
Jimmy Barnes — President & CEO (Principal officer)
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