Endowments

Donors establish endowed funds to support a specific purpose in perpetuity. It continues to provide support to the University in the areas of the donor’s interest. Endowed funds may support student scholarships, faculty, the general needs of the University or any school, college or program within the University. The UNM Foundation invests the funds and uses a portion of the income generated from the principal to provide annual funding.

Donors may fully fund an endowment with a one-time lumpsum gift; fund it over a three-year pledge period or through a bequest or other deferred gift. Endowment minimums vary by purpose, so please contact us for more specific information. The current endowment levels at UNM are:

Type of EndowmentSuggested Minimum
Endowed Chair$1,500,000
Endowed Professorship$500,000
Faculty Development Award$250,000
Regents Scholarship$200,000
Graduate Fellowship$200,000
Named Endowment for Academic Excellence$50,000
Presidential Scholarship$30,000
Scholarship Endowment$15,000
Named Endowment$10,000

 

In addition to cash, donors may establish endowed funds through any gift vehicle recognized by the UNM Foundation, including gifts of securities or real property, planned gifts, by pooled gifts from a group of friends, with memorial contributions or through continuing gifts to endowment accounts. Donors may help develop guidelines for how their endowments are to be governed and used.

For information on establishing an endowed fund, contact the UNM Foundation.