About University of New Mexico Foundation
Empowering The University of New Mexico to advance education, research and health for the benefit of our community and the world.
Focus Areas
Higher educationResearchHealth/medical programsScholarshipsEndowmentsCommunity engagement
Who They Fund
university institutionstudents (undergraduate and graduate)faculty and researcherslocal/community beneficiaries served by university programs
Funding Style
institutional/infrastructure supportcapacity building
About University of New Mexico Foundation
University of New Mexico Foundation Inc directs its grantmaking almost entirely to a single institution: the University of New Mexico in Albuquerque. The two largest recent grants on file, $64,012,806 in 2023 and $36,208,555 in 2024, both carried the same purpose statement: to enable the university to engage in comprehensive educational, research, and service programs. That pattern shows a funder working through institutional support rather than a broad portfolio of outside charities. The foundation’s focus aligns with higher education, research, health and medical programs, scholarships, endowments, and community engagement, with the university itself serving as the central recipient. Its giving is tied to capacity-building and infrastructure support for the institution, including programmatic and unrestricted support. The scale is substantial: annual grants given are listed at more than $100 million, with a total asset base of $454,667,512. For researchers, the clearest signal is that the foundation’s recent grantmaking is not dispersed across many organizations; it is concentrated on strengthening the University of New Mexico’s academic, research, and service mission.
What University of New Mexico Foundation Funds
Higher education is the clearest emphasis in the recent grant record. In 2024, University of New Mexico Foundation Inc gave $36,208,555 to the University of New Mexico for comprehensive educational, research, and service programs. A second large grant in 2023, at $64,012,806, used the same purpose language, reinforcing the foundation’s institutional approach. The stated focus areas also include research and health or medical programs, pointing to support for the university’s academic and service functions rather than isolated projects. Scholarships and endowments appear in the foundation’s focus list as well, along with community engagement, which fits a model of support that flows through a university to benefit students, faculty, researchers, and local beneficiaries served by university programs.
How University of New Mexico Foundation Gives
The foundation’s typical grant size is very large: the 25th percentile is $43,159,618, the median is $50,110,680, and the 75th percentile is $57,061,743. That distribution matches a small number of major institutional grants rather than many small awards. The recent record also shows repetition across years, with the University of New Mexico receiving the top two grants in both 2023 and 2024 for the same purpose. The foundation does not fund individuals and does not make program-related investments. Its support appears to be institutional and programmatic, with unrestricted or general operating support among its philosophy tags.
Financial Snapshot
Annual Giving
$36.2M
Total Assets
$454.7M
Total Revenue
$68.1M
Total Expenses
$52.5M
Typical Grant Size
Most grants fall between $43.2M and $57.1M, with a median of $50.1M.
25th Percentile
$43.2M
Median
$50.1M
75th Percentile
$57.1M
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in NM.
Funding intensity
LowHigh
Headquarters
Leadership
JEFFREY TODD
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