$
235900000
Endowment Value (as of 6-30-21)
The NMSU Foundation manages gifts of all types and sizes, with a focus on major gift endowments. We invest these gifts and disburse part of the investment earnings for the purposes donors designate. In this way, endowments remain forever, benefiting NMSU students, faculty and programs for generations.
Endowment Value (as of 6-30-21)
Net Assets (as of 6-30-21)
2020-2021 Fundraising Goal
2020-2021 Funds Raised Year to Date
Numerous checks and balances exist to ensure the integrity of the Foundation’s financial procedures:
Our Board of Director members include alumni and distinguished partners, each with extensive business experience. These individuals are eligible to serve three consecutive three-year terms, during which they determine our investment and fundraising policies and approve our annual budget.
NMSU Foundation Board of DirectorsAn external auditor annually audits the Foundation. We publish our financial statements in our annual report and provide complete copies to the public on request.
Donor-restricted funds are administered and made available by the NMSU Foundation. We provide various weekly, monthly and annual reports of gift account activity to facilitate the appropriate use of funds.
To ensure the Foundation focuses on the university’s funding priorities, we maintain an open line of communication with the NMSU Chancellor and President, as well as the deans of the colleges.