Financials
Audited Financial Statements FY 2022 and 2021
Audited Financial Statements FY 2021 and 2020
2020 Form 990 and 990-T (FY2020/21)
2019 Form 990 and 990-T (FY2019/20)
2018 Form 990 and 990-T (FY2018/19)
Private Giving FY 2021-2022
More than $125 million in private support was given to The University of New Mexico during the July 1, 2021 – June 30, 2022 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 almost 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 2021-2022
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 $604.0 million, compared to $580.3 million a year ago, and an investment return of -6.0 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.
How We Report Your Gifts
The UNM Foundation complies with defined standards to report private gifts.
The UNM Foundation Annual Report details the total effort of the UNM community in engaging private donors. Based on UNM Foundation 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.
Our audited financial statements report gifts in accordance with Generally Accepted Accounting Principles. Unlike fundraising reporting, gifts of bequests, cash and in-kind gifts donated directly to UNM-affiliated units, as well as pledges outside the criteria for Generally Accepted Accounting Principles, are omitted.
Given their differing objectives, each of these standards reports the gifts received by UNM differently. Fundraising reports are distributed weekly and through this annual Report of Giving. Our audited financial statements are available on our website at unmfund.org. We welcome your questions at (505) 313-7600.
