EIN 85-0170157

New Mexico State University Fdn

IRS 501(c) type
501(c)(3)
Num. employees
108
Year formed
1959
Most recent tax filings
2024-06-01
NTEE code, primary
Description
The New Mexico State University Foundation is dedicated to building relationships and generating support for NMSU's students, teaching, research, and public service missions.
Also known as...
New Mexico State University Foundation
Total revenues
$41,094,361
2024
Total expenses
$29,765,615
2024
Total assets
$423,070,189
2024
Num. employees
108
2024

Program areas at New Mexico State University Fdn

In FY24, New Mexico State University Foundation advanced its mission to support academic excellence, research innovation, and student success across the NMSU system. Through the generosity of donors and strategic stewardship of resources, the Foundation raised and managed funds that directly enriched the educational experience for thousands of students and bolstered the university's land-grant mission to serve the diverse communities of New Mexico. This year, the Foundation facilitated over $4 million in scholarship support, alleviating financial barriers for more than 4,300 students and ensuring access to higher education for many first-generation and underrepresented learners. In collaboration with campus partners, we supported faculty research, expanded experiential learning opportunities, and funded capital improvements to enhance campus facilities - including laboratories, student support centers, and cultural hubs. The Foundation also launched initiatives to deepen alumni engagement and community partnerships, hosting events and campaigns that celebrated Aggie pride and inspired lifelong investment in NMSU's future. Our donor relations efforts maintained a high standard of transparency and accountability, helping to sustain long-term philanthropic relationships critical to the university's growth and resilience. Through these efforts, the NMSU Foundation continues to serve as a vital engine for transforming lives and empowering the next generation of leaders in New Mexico and beyond.

Who funds New Mexico State University Fdn

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Hunt Family FoundationProvides Academic Scholarships and Enhances Academic Programs$500,000
Community Foundation of Southern New MexicoGeneral Operations$253,834
Daniels FundDaniels Fund Ethics Initiative 3.0 - College of Business$250,000
...and 51 more grants received totalling $3,200,035

Financials for New Mexico State University Fdn

RevenuesFYE 06/2024
Total grants, contributions, etc.$18,258,326
Program services$4,846,676
Investment income and dividends$8,781,056
Tax-exempt bond proceeds$0
Royalty revenue$191,489
Net rental income$421,211
Net gain from sale of non-inventory assets$8,231,779
Net income from fundraising events$280,293
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$83,531
Total revenues$41,094,361
Data update history
July 7, 2025
Posted financials
Added Form 990 for fiscal year 2024
June 29, 2025
Received grants
Identified 5 new grant, including a grant for $39,930 from The Lalor Foundation
March 27, 2025
Received grants
Identified 24 new grant, including a grant for $500,000 from The Hunt Family Foundation
February 28, 2025
Updated personnel
Identified 5 new personnel
December 21, 2024
Received grants
Identified 6 new grant, including a grant for $253,834 from Community Foundation of Southern New Mexico
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
MembershipsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
Address
PO Box 3590
Las Cruces, NM 88003
Metro area
Las Cruces, NM
County
Dona Ana County, NM
Website URL
alwaysanaggie.org/ 
Phone
(575) 646-1613
IRS details
EIN
85-0170157
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1959
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0253025
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-07-16
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