New Mexico State Univ Fdn Inc
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.
New Mexico State Univ Fdn Inc at a glance
In short: New Mexico State Univ Fdn Inc gave $13.6M across 1 grant in 2025 (avg $13.6M), mostly in New Mexico. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $13,625,894
- +2.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $13,625,894
- +2.0% vs 2024
- Median grant
- $13,625,894
- Total assets
- $468,504,588
- +10.7% vs 2024
- Primary geography
- New Mexico (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who New Mexico State Univ Fdn Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was New Mexico State University ($13.6M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How New Mexico State Univ Fdn Inc gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10.4M (2020) to $16.0M (2023). In 2025 it made 1 grant totaling $13.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Mexico State University Las Cruces, NM | Support NMSU Activities | $13,625,894 |
Ready to take the next step with New Mexico State Univ Fdn Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $468,504,588 | $56,722,856 | $26,298,054 | $13,625,894 | 1 | $24,599,247 |
| 2024 | $423,070,189 | $41,094,361 | $29,765,615 | $13,362,319 | 1 | $17,012,835 |
| 2023 | $384,382,069 | $19,013,620 | $24,293,707 | $15,955,375 | 1 | $2,614,849 |
| 2022 | $352,538,517 | $93,998,424 | $18,907,940 | $13,671,125 | 1 | $63,831,764 |
| 2021 | $355,498,587 | $111,307,691 | $15,438,214 | $11,850,826 | 1 | $17,343,186 |
| 2020 | $226,596,148 | $22,858,088 | $15,130,889 | $10,420,100 | 1 | $1,649,942 |
About New Mexico State Univ Fdn Inc
Based on IRS filings
New Mexico State Univ Fdn Inc is a public charity 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. In 2025, it awarded 1 grant totaling $13.6M. Net investment income was $24.6M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
New Mexico State Univ Fdn Inc is led by Sylvia Acosta, Chief Executive Officer on every filing since 2024; 11 of 47 officers listed in 2025 are compensated.
Officers on the 2025 filing
Sylvia Acosta
Chief Executive Officer
On filings since 2024
40 hrs/week
$91K (2024) → $478K (2025)
James Covington
Executive Director - Estates & Planned Giving
On filings since 2023
40 hrs/week
$149K (2023) → $208K (2025)
Louis A. Vega
Chair
Member → Vice Chair, 2023
Vice Chair → Chair, 2025
On filings since 2020
2 hrs/week
No compensation reported
Brien Murphy
Senior Director of Foundation Relations
Senior Director - Corporate & Foundation Relations → Senior Director of Foundation Relations, 2025
On filings since 2023
40 hrs/week
$105K (2023) → $133K (2025)
MARIA McDonagh
Director of Communications
On filings since 2024
40 hrs/week
$140K (2024) → $147K (2025)
Susan Sorenson-Clark
Director of Talent & Culture
On filings since 2024
40 hrs/week
$143K (2024) → $241K (2025)
David Neal
Senior Director of Philanthropy
New on the 2025 filing
40 hrs/week
$137K (2025)
JESSICA PaRKS
Director of Gift Administration
New on the 2025 filing
40 hrs/week
$163K (2025)
Christopher Dulany
Director
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Eric POWELL
Director
Member → Director & Treasurer, 2024
Director & Treasurer → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Frank Seidel
Director
Secretary → Member, 2022
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Jagdev Cheema
Director
Treasurer → Member, 2021
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Jim Rhodes
Director
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Joel Granger
Director
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Kyle Rhodes
Director
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Nicole Louvar
Director
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Ross McCallister
Director
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Susan Plantz
Director
Member → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Bob Dintelman
Director
Member → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
John Cordova
Director
Member → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Manny Mora
Director
Member → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Robert Martinez
Director
Member → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Sue Dintelman
Director
Member → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Sue Gerber
Director
Member → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Abel Covarrubias
Director
Member From → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Deanza Valencia
Director
Member → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Del Esparza
Director
Member From → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Kevin Conroy
Director
Member From → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Marc Reyes
Director
Member From → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Michael Packard
Director
Member From → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Thom Price
Director
Member → Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Carol Smallwood
Director
On filings since 2024
1 hr/week
No compensation reported
MICHAEL LAW
Director
On filings since 2024
1 hr/week
No compensation reported
Brenda Porter
Director
New on the 2025 filing
1 hr/week
No compensation reported
Dino Camunez
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jack Davis
Director
New on the 2025 filing
1 hr/week
No compensation reported
Joe Salopek
Director
New on the 2025 filing
1 hr/week
No compensation reported
Orlando Castaneda
Director
New on the 2025 filing
1 hr/week
No compensation reported
David Strong
Former Chief Financial Officer
Chief Financial Officer → Former Chief Financial Officer, 2025
On filings since 2024
40 hrs/week
$344K (2024) → $317K (2025)
Stacey MacDonnell
Assistant Vice President Advancement Services
On filings since 2024
40 hrs/week
$174K (2024) → $184K (2025)
Alasdair Forsythe
Controller
New on the 2025 filing
40 hrs/week
$146K (2025)
Debra Marks
Assistant Vice President Philanthropy
New on the 2025 filing
40 hrs/week
$165K (2025)
Christian H. Hendrickson
Immediate Past Chair
Vice Chair → Chair, 2023
Chair → Immediate Past Chair, 2025
On filings since 2020
2 hrs/week
No compensation reported
Judy Johnson
Treasurer
Member → Director, 2024
Director → Treasurer, 2025
On filings since 2020
1 hr/week
No compensation reported
Amy Hummer
Secretary
Member → Secretary, 2023
On filings since 2022
2 hrs/week
No compensation reported
Margaret Hardin
Vice Chair
Member From → Director, 2024
Director → Vice Chair, 2025
On filings since 2023
2 hrs/week
No compensation reported
Larry Mirabal
CFO
New on the 2025 filing
40 hrs/week
No compensation reported
Former officers (28)
- Former: Aaron De Los Santos (2020–2024) — Treasurer
- Former: Kyle Louvar (2020–2024) — Immediate Past Chair
- Former: Derek Dictson (2021–2024) — Former President
- Former: Virginia Schlemeyer (2023–2024) — Vice President for External Relations
- Former: John Gresham (2024) — It Director
- Former: Matthew Burns (2024) — Chief of Staff
- Former: Kevin Jameson (2020–2023) — Member
- Former: Raquel Bone (2020–2023) — Secretary
- Former: Harold Foreman (2021–2023) — Member
- Former: Antonia Roybal-Mack (2022–2023) — Member
- Former: Bobby Lutz (2022–2023) — Member
- Former: Keith Emrick (2023) — Vice President for Development
- Former: Kristin Ludwig (2023) — Chief Operating Officer
- Former: George Kozeliski (2020–2022) — Member
- Former: Howard Foreman (2020–2022) — Member
- Former: Joseph Salopek (2020–2022) — Member
- Former: Larry Allen (2020–2022) — Member
- Former: Thomas Price (2020–2022) — Member
- Former: Deanza Valenica (2022) — Member
- Former: Philip Cook (2020–2021) — Past Chair
- Former: Robert Lutz (2020–2021) — Chair
- Former: Bob Martinez (2021) — Member
- Former: Ed Foreman (2021) — Member
- Former: Dion Messer (2020) — Member
- Former: Edgar Foreman Jr. (2020) — Member
- Former: Jacquelyn Mitchell Edwards (2020) — Member
- Former: John Pugh (2020) — Member
- Former: Tina Byford (2020) — Former President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $478K, to Sylvia Acosta (Chief Executive Officer). 11 officers or directors reported compensation on that filing.
Frequently asked questions about New Mexico State Univ Fdn Inc
How much does New Mexico State Univ Fdn Inc give each year?
New Mexico State Univ Fdn Inc gave $13.6M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $13.4M across 1 grant.
How large is New Mexico State Univ Fdn Inc?
New Mexico State Univ Fdn Inc reported $468.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $56.7M.
What is New Mexico State Univ Fdn Inc?
New Mexico State Univ Fdn Inc is a public charity focused on Education, based in Las Cruces, NM. It holds $468.5M in total assets as of 2025.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS April 29, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 10, 2025)
Live grants for the work New Mexico State Univ Fdn Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in New Mexico State Univ Fdn Inc's focus areas in our free grants database
Similar Funders
Similar funders in New Mexico
Dreamspring
Albuquerque, NM
DreamSpring primarily provides loans, training, and business support to underserved entrepreneurs and small businesses, rather than grants; recent filings report no grants, though a 2020 grant of $15,000 is recorded. It serves entrepreneurs in 27 states, and no typical grant size or process for unsolicited grant requests is stated.
Assets
$66.4M
Grants
356
Total Given
$4.8M
Santa Fe Community Foundation
Santa Fe, NM
The Santa Fe Community Foundation funds 501(c)(3) nonprofits working in health, education, economic opportunity, the environment, arts and culture, and other community priorities; its main focus is Mora, Rio Arriba, San Miguel, and Santa Fe counties, though some funds support work statewide. In 2024, grants ranged from $5,250 to $1,517,500, with a median of $16,006. It accepts proposals through competitive grant cycles and fund-specific opportunities; no grants were open at the time described.
Assets
$144.1M
Grants
302
Total Given
$12.4M
Albuquerque Community Foundation
Albuquerque, NM
The Albuquerque Community Foundation funds nonprofit work in health care, human services, arts and culture, education, environment and historic preservation, and economic and workforce development, serving Bernalillo, Sandoval, Torrance, and Valencia counties. Its 2024 grants had a median of $16,000 and ranged from $5,200 to $663,352; its annual grant cycle has a minimum award of $10,000.
Assets
$160.6M
Grants
245
Total Given
$6.9M
PNM TNMP Foundation
Albuquerque, NM
The PNM TNMP Foundation supports nonprofits working in education, environmental stewardship, and economic vitality, with grants also benefiting a range of community services. It funds organizations in New Mexico and Texas; 2024 grants ranged from $500 to $75,000, with a median grant of $5,000. Its website provides an application for the 2026 PNM Power Grant, but the profile does not explicitly state whether it accepts unsolicited requests.
Assets
$14.2M
Grants
169
Total Given
$1.3M
JF Maddox Foundation
Hobbs, NM
The JF Maddox Foundation funds education, community development, and social services projects that benefit residents of Lea County, New Mexico, including work by public charities and government entities. Grants vary widely; its 2024 filing shows a median award of $5,000, and it accepts unsolicited requests through an online application.
Assets
$247.3M
Grants
159
Total Given
$4.2M
Thornburg Foundation
Santa Fe, NM
The Thornburg Foundation supports New Mexico nonprofits working on education, water, land and agriculture, good governance, federal funding, homelessness, and community needs. In 2024, grants ranged from $1,000 to $225,000, with a median of $25,000; most funding went to New Mexico. It does not accept unsolicited requests and funds preselected organizations.
Assets
$179.4M
Grants
144
Total Given
$6.4M
More similar funders
More Funders in New Mexico
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from New Mexico State Univ Fdn Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
New Mexico State Univ Fdn Inc down — hundreds of funders to go?