Private Giving FY 2022-23
More than $101 million in private support was given to The University of New Mexico during the July 1, 2022 – June 30, 2023 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 9,600 donors provided over 27,000 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 2022-23
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 that 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 $713.9 million, compared to $604.0 million a year ago, and an investment return of 9.4 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.
