Program areas at New Mexico Tech Foundation
The Foundation is organized to promote and advance the interests of the New Mexico institute of mining and technology. This includes support of meetings and events that raise the profile of New Mexico Tech with friends, alumni and donors, with the goal of gaining financial support through donations.
Leases apartments to New Mexico institute of mining and technology for its students.
Provides scholarships and grants to support students attending the New Mexico institute of mining and technology, as well as recruiting, advertising, and other associated activities.
Grants made by New Mexico Tech Foundation
Who funds New Mexico Tech Foundation
Grants from foundations and other nonprofits
Financials for New Mexico Tech Foundation
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $2,251,216 | $5,035,454 | -55.3% |
| Program services | $100,858 | $100,733 | 0.1% |
| Investment income and dividends | $1,064,326 | $808,848 | 31.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $3,416,400 | $5,945,035 | -42.5% |
Organizations like New Mexico Tech Foundation
| Organization | Type | Location | Revenue |
|---|
| California State University Foundation | 501(c)(3) | Long Beach, CA | $3,946,366 |
| Foundation for Seminole State College of Florida | 501(c)(3) | Heathrow, FL | $8,079,491 |
| SMCM Foundation | 501(c)(3) | St Marys City, MD | $4,762,014 |
| Georgia Highlands College Foundation | 501(c)(3) | Rome, GA | $2,404,057 |
| Eastern New Mexico University Foundation | 501(c)(3) | Portales, NM | $6,973,922 |
| Polk State College Foundation | 501(c)(3) | Winter Haven, FL | $7,212,447 |
| Lake-Sumter State College Foundation | 501(c)(3) | Leesburg, FL | $4,073,247 |
| University of Wisconsin-Eau Claire Foundation | 501(c)(3) | Eau Claire, WI | $16,768,345 |
| Armstrong Foundation of Georgia Southern University | 501(c)(3) | Statesboro, GA | $1,433,643 |
| Southern Oregon University Foundation | 501(c)(3) | Ashland, OR | $16,037,601 |
Data update history
July 15, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 14, 2025
Updated personnel
Identified 2 new personnel
January 14, 2025
Received grants
Identified 4 new grant, including a grant for $125,000 from Thornburg Foundation Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political advocacyProvides grantsLobbyingState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesLegally formed as corporation
General information
- Address
- 801 Leroy Pl
- Socorro, NM 87801
- County
- Socorro County, NM
- Phone
- (575) 835-5658
IRS details
- EIN
- 85-0194323
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1965
- 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
- Central organization
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