In order to develop private financial support for The University of New Mexico, the University’s Board of Regents established the UNM Foundation Inc. in 1979 as an incorporated nonprofit corporation. The Foundation began operations in the spring of 1980, conducting all of its operations through a University department. At that time, University units hired development professionals and limited staff to provide direct fund raising and other support to programmatic initiatives for philanthropy.

In 1989, the Board of Regents delegated the responsibility of overseeing University assets and investments to the UNM Foundation Investment Committee. These assets total in excess of $400 million today.

In 2008, at the request of the Regents, the Foundation transitioned to a stand‐alone organization with expanded fiduciary duties to include fiscal, human resources and treasury functions. Since its creation, and in accordance with University policy, all private gifts are received through the Foundation, which has the responsibility for managing contributions to all University programs. Gifts to the UNM Foundation are tax-deductible to the extent allowed by law.

Learn more at unmfund.org