Audited Financial Statements FY 2025 and 2024

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Audited Financial Statements FY 2024 and 2023

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Audited Financial Statements FY 2023 and 2022

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2023 Form 990 and 990-T (FY2023/24)

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2022 Form 990 and 990-T (FY2022/23)

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2021 Form 990 and 990-T (FY2021/22)

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Bar chart showing private support totals from fiscal year 2021 to 2025, with values from about $85.4 million to $135.6 million.

Private Giving FY 2024-25

More than $115 million in private support was given to The University of New Mexico during the July 1, 2024 – June 30, 2025 fiscal year. Private support includes gifts and pledges received for the benefit of UNM’s students, schools, colleges, departments and programs. Along with you, more than 8,200 donors provided over 26,800 gifts that support UNM’s mission of student and faculty success, world-class research and exceptional patient care at clinics and hospitals. Your generosity builds the future at The University of New Mexico. We are grateful for your trust, and we thank you for your support.

Consolidated Investment Fund FY 2024-25

The UNM Board of Regents has delegated authority to The UNM Foundation Investment Committee to oversee and manage the endowment assets of the University and the Foundation. The pooled assets are combined for investment purposes and operated as a unitized pool known as the Consolidated Investment Fund (CIF). The CIF is managed in accordance with the Consolidated Investment Fund Investment Policy, which is approved by both The UNM Foundation Board of Trustees and The UNM Board of Regents.

CIF investments are invested for the long-term using a diversified approach, with the principal goal of maximizing the return at a commensurate and acceptable level of risk, to benefit UNM. Investment strategy is guided by the concept of complementary managers who are responsible for specific asset categories and management styles in a diversified portfolio (see “Diversified Asset Allocation” chart).

The CIF finished the year with a market value of approximately $887.1 million, compared to $811.5 million a year ago, and an investment return of 11.2 percent. 

In addition to the customary investment management expenses, a development funding allocation (DFA) of 1.85% is assessed against each participating fund to assist with operational expenses.

Financial performance and distribution charts show assets, spending, and donor purposes as of June 30, 2025. Key segments include U.S. equity at 35.5%, international equity at 22.5%, and private investments at 16.6%. A pie chart details donation purposes: student support at 35.2%, programs at 33.5%, faculty at 24.5%, research at 5.2%, and other at 1.6%. Bar graphs illustrate CIF performance, market value, and spending distribution with projections from fiscal year 2015 to 2025.

How We Report Your Gifts

The UNM Foundation (UNMF) complies with various standards when reporting private gifts, depending on the purpose of the report and the requirements of the requesting organization. We welcome your questions at (505) 313-7600.
 
This UNMF Annual Report of Giving reports the total effort of the UNM community in engaging private donors. Based on UNMF campaign counting standards, qualifying bequests, cash and in-kind gifts donated directly to UNM-affiliated units, as well as pledges meeting the criteria, are counted and recognized in the annual total.
 
The UNMF’s audited financial statements report your gifts in accordance with Generally Accepted Accounting Principles (GAAP). Unlike campaign reporting, gifts of bequests, cash and in-kind gifts donated directly to UNM-affiliated units, as well as pledges outside the criteria for GAAP, are omitted.
 
Given their differing objectives, each of these standards reports the gifts received by UNM differently. Campaign reports are distributed monthly and through this Annual Report of Giving. Our audited financial statements are available on our website at www.unmfund.org.

A detailed financial chart displaying gift commitments to UNM for fiscal year 2024-25, divided into categories such as reported on financial statements, recognized as campaign gifts, current use, and future use, with specific amounts for cash, in-kind gifts, pledges, and estate commitments.
A pie chart showing gifts and pledges by source, with alumni and friends contributing 58.2%, other organizations 17.6%, corporations 13.5%, and foundations 10.7%, totaling $115.1 million. Another chart displays gifts and pledges by purpose, with student financial aid 27.1%, other restricted 27.3%, athletics 7.7%, library 7.1%, faculty and staff 0.9%, research 6.8%, public service and extension 9.7%, physical/plant operations 2.5%, and academic divisions 10.8%, for a total of $115.1 million.