New Mexico · Nonprofit
New Mexico State Univ Fdn Inc
New Mexico State Univ Fdn Inc (New Mexico) receives grants from 114 organizations whose IRS filings report $14,085,246 to it, the largest being THE HUNT FAMILY FOUNDATION ($2,575,000). 69 of them have funded it in more than one year.
- Revenue FY2025
- $57M
- Funders on record
- 114
- Grants received
- $14M
- Net assets
- $362M
What New Mexico State Univ Fdn Inc does
Mission
The mission of new mexico state university foundation is to foster long-term relationships with our alumni, supporters, and community in order to secure, manage, steward, and protect a sustainable source of private resources that will enhance the ability of new mexico state university to fulfill its land grant mission.
As stated on its FY2025 Form 990.
Program
In FY25, 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 $4.35 million in scholarship support, alleviating financial barriers for more than 2,850 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…
$16,834,041 spentof which $13,625,894 as grants$4,987,846 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $16,834,041.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $227M to $355M (+57%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
31% of New Mexico State Univ Fdn Inc’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Louis A Vega
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 23 funders to 33 funders, grant income rose $1.2M → $2.1M.
19 of 114 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $4.6M from 11 payers (the payer shares this organization's board, largest Community Foundation of Southern New Mexico). These are real filings, and they are not money New Mexico State Univ Fdn Inc raised.
From the IRS filings of New Mexico State Univ Fdn Inc’s funders (the co-funder graph). Top 30 of 114 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
New Mexico State Univ Fdn Inc has a broad base — no single funder exceeds 18% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
36% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund New Mexico State Univ Fdn Inc.
Largest funder’s share by year: 2017 38% · 2018 15% · 2019 25% · 2020 22% · 2021 27% · 2022 32% · 2023 25% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
41% of New Mexico State Univ Fdn Inc's funders are still giving 3 years after their first grant; 61% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
New Mexico State Univ Fdn Inc draws 78% of its grant income from funders outside New Mexico, across 27 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.4M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
New Mexico State Univ Fdn Inc runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.
this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025
Organizations like New Mexico State Univ Fdn Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
64% of spending goes to programs.
Governance
Public support
75%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 22 states
Part of a family of 3 related entities
- Real Estate Holdings of NMSU Foundation LLC · disregarded
- Our Way Holdings LLC · disregarded
- Our Way Holdings II LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for New Mexico State Univ Fdn Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds New Mexico State Univ Fdn Inc?
- New Mexico State Univ Fdn Inc (New Mexico) receives grants from 114 organizations whose IRS filings report $14,085,246 to it, the largest being THE HUNT FAMILY FOUNDATION ($2,575,000). 69 of them have funded it in more than one year.
- How many funders does New Mexico State Univ Fdn Inc have?
- IRS filings report 114 organizations giving $14,085,246 in grants to New Mexico State Univ Fdn Inc, 69 of which have funded it in more than one year.
- Who is the largest funder of New Mexico State Univ Fdn Inc?
- THE HUNT FAMILY FOUNDATION is the largest funder on record, with $2,575,000 in grants. The full list of funders is on this page.
- How can an organization like New Mexico State Univ Fdn Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 114 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing