b'FY 2022 GIFTS AND COMMITMENTS CONSOLIDATED STATEMENT OF FINANCIAL POSITIONCONSOLIDATED STATEMENT OF ACTIVITIES (for the years ended June 30, 2022 and June 30, 2021)(for the years ended June 30, 2022 and June 30, 2021)20222021 20222021ASSETSCash and cash equivalents unrestricted$ 1,696,018 $ 1 1,357,148 REVENUES, GAINS, AND OTHER SUPPORT:Cash and cash equivalents restricted 3,813,584 16,933,272 Private gifts$ 25,136,627$16,906,918Short-term investments 322,239 414,516 Net investment (loss) income (6,100,884)121,240,518Contributions receivable, net 9,510,9684,940,824 Management fees paid by New MexicoProperty and equipment, net 27,132 31,911 State University816,074831,378Assets held in trust for NMSU 47,155,66754,568,844 Promotion and other income 3,606,8861,025,113 Assets held for long-term investment: Change in value of split interest agreementCash and cash equivalents 10,143,283 2,585,836and gift annuities payable1,101,525(465,895)Securities 274,780,112 256,929,527Accrued interest income- 20,943 NET ASSETS RELEASED FROM RESTRICTION Real estate holdings 3,535,238 3,476,899 AND OTHER TRANSFERS:OTHER ASSETS 1,554,276 4,238,867 Change in donor restrictions 51,600( 2,353,399)Net assets released from donor restrictionsTOTAL ASSETS $ 352,538,517 $ 355,498,587 Total revenues, gains, and other support24,611,828137,184,633EXPENSES:LIABILITIES AND NET ASSETS University Support Programs13,671,12511,850,826 Fundraising3,547,2511,731,467 LIABILITIES Administration2,162,9041,784,746 Gift annuities payable $ 1,470,196 $ 2,281,236 Total expenses19,381,28015,367,039Other liabilities 479,620 833,644Due to New Mexico State University 2,043,855 1,656,231 CHANGE IN NET ASSETS:5,230,547121,817,594Assets held in trust for NMSU 47,155,667 54,568,844 NET ASSETS, beginning of year296,158,632174,341,038Total liabilities 51,149,338 59,339,955 NET ASSETS, end of year$ 301,389,179$ 296,158,632NET ASSETSWithout donor restrictions 18,118,686 15,367,582With donor restrictions 283,270,493 280,791,050 Total net assets 301,389,179 296,158,632TOTAL LIABILITIES AND NET ASSETS $ 352,538,517 $ 355,498,587 NOTE: all numbers reflected on these pages are for FY 2022(July 1, 2021 - June 30, 2022)New Mexico State University Foundation11'