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New Mexico State Univ Fdn Inc

Foundation · Grantmaker Las Cruces, NM EIN: 85-0170157 Website

THE MISSION OF NEW MEXICO STATE UNIVERSITY FOUNDATION IS TO FOSTER LONG-TERM RELATIONSHIPS WITH OUR ALUMNI, SUPPORTERS, AND COMMUNITY IN ORDER TO SECURE, MANAGE, STEWARD, AND PROTECT A SUSTAINABLE SOURCE OF PRIVATE RESOURCES THAT WILL ENHANCE THE ABILITY OF NEW MEXICO STATE UNIVERSITY TO FULFILL ITS LAND GRANT MISSION.

Key facts about New Mexico State Univ Fdn Inc

EIN
85-0170157
Latest 990 filing
Form 990-PF, 2025
Total assets
$468,504,588

Data from IRS Form 990-PF, 2025; updated September 2026.

How New Mexico State Univ Fdn Inc gives

  • Giving held roughly steady from 2021 to 2024 (+13%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with New Mexico State Univ Fdn Inc

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$468.5M

+10.7% YoY

Revenue

—

-100.0% YoY

Net Investment Income

—

-100.0% YoY

Expenses

—

-100.0% YoY

About New Mexico State Univ Fdn Inc

Based on IRS filings

New Mexico State Univ Fdn Inc is a nonprofit organization focused on Education, based in Las Cruces, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $468.5M in total assets.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Las Cruces

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$31M$61M$92M$122M202020212022202320242025
Metric202520242023
Total Assets$468,504,588$423,070,189$384,382,069
Revenue—$41,094,361$19,013,620
Expenses—$29,765,615$24,293,707
Qualifying Distributions———
Net Investment Income—$17,012,835$2,614,849
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 10, 2025)
  6. Added Form 990-T for fiscal year 2025 (received by the IRS April 29, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$8M$12M$16M1 grants20201 grants20211 grants20221 grants20231 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M4$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

David Strong — Chief Financial Officer (until 6/14/2024: $344KDavid StrongChief Financial Officer (until…$344KVirginia Schlemeyer — VP for External Relations (until 9/15/2023): $205KVirginia SchlemeyerVP for External Relations…$205KStacey MacDonnell — AVP Advancement Services: $174KStacey MacDonnellAVP Advancement Services$174KDerek Dictson — Former President: $172KDerek DictsonFormer President$172KJames Covington — Executive Director - Estates and Planned Giving: $171KJames CovingtonExecutive Director - Estates…$171KMatthew Burns — Chief of Staff: $154KMatthew BurnsChief of Staff$154KSusan Sorenson-Clark — Director of Talent and Culture: $143KSusan Sorenson-ClarkDirector of Talent and Culture$143KMaria Mcdonagh — Director of Communications: $140KMaria McdonaghDirector of Communications$140KJohn Gresham — IT Director: $130KJohn GreshamIT Director$130KSylvia Acosta — Chief Executive Officer (Begin 10/2/2023): $91KSylvia AcostaChief Executive Officer (Begin…$91K

From 2024 IRS filing

NameTitleHoursCompensation
Aaron De Los SantosTreasurer (Until 4/2024)2—
Amy HummerSecretary2—
Christian H HendricksonChair2—
Eric PowellDIRECTOR / TREASURER (begin 4/2024)1—
Kyle LouvarImmediate Past Chair2—
Louis a VegaVice Chair2—
Abel CovarrubiasDirector1—
Bob DintelmanDirector1—
Carol SmallwoodDirector1—
Christopher DulanyDirector1—
Deanza ValenciaDirector1—
Del EsparzaDirector1—
Dr Judy JohnsonDirector1—
Dr Sue GerberDirector1—
Frank SeidelDirector1—
Jagdev CheemaDirector1—
Jim RhodesDirector1—
Joel GrangerDirector1—
John CordovaDirector1—
Kevin ConroyDirector1—
Kyle RhodesDirector1—
Manny MoraDirector1—
Marc ReyesDirector1—
Margaret HardinDirector1—
Michael LawDirector1—
Michael PackardDirector1—
Nicole LouvarDirector1—
Robert MartinezDirector1—
Ross McCallisterDirector1—
Sue DintelmanDirector1—
Susan PlantzDirector1—
Thom PriceDirector1—
David StrongChief Financial Officer (until 6/14/202440$343,955
Sylvia AcostaChief Executive Officer (Begin 10/2/2023)40$90,827
Stacey MacDonnellAVP Advancement Services40$173,848
Virginia SchlemeyerVP for External Relations (until 9/15/2023)40$204,914
James CovingtonExecutive Director - Estates and Planned Giving40$170,837
John GreshamIT Director40$130,496
Maria McdonaghDirector of Communications40$139,770
Matthew BurnsChief of Staff40$153,707
Susan Sorenson-ClarkDirector of Talent and Culture40$142,964
Derek DictsonFormer President40$172,299

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is New Mexico State Univ Fdn Inc?

New Mexico State Univ Fdn Inc is a nonprofit organization focused on Education, based in Las Cruces, NM. It holds $468.5M in total assets as of 2025.

How large is New Mexico State Univ Fdn Inc?

As of 2025, New Mexico State Univ Fdn Inc holds $468.5M in total assets.

Where does New Mexico State Univ Fdn Inc operate?

New Mexico State Univ Fdn Inc has awarded grants in New Mexico.

What is New Mexico State Univ Fdn Inc's EIN?

New Mexico State Univ Fdn Inc's EIN (Employer Identification Number) is 85-0170157. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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