NonprofitsNew Mexico Tech Foundation

New Mexico Tech Foundation

SOCORRO, NM

Total revenue

$3.4M

Total expenses

$3.2M

Net assets

$43.6M

Grants received

$1.4M

27 grants

EIN

850194323

Tax year

2023

Mission

Promote and advance the interests of the new mexico institute of mining and technology.

Programs

2 programs

Provides scholarships and grants to support students attending the new mexico institute of mining and technology, as well as recruiting, advertising, and other associated activities.

Expenses: $8KGrants: $8K

Leases apartments to new mexico institute of mining and technology for its students.

Expenses: $71K

Financials

FY 2023

Revenue

Contributions & grants$2.3M
Program service revenue$101K
Investment income$1.1M
Other revenue
Total revenue$3.4M

Expenses

Grants paid$2.8M
Salaries & benefits
Fundraising$91K
Other expenses$283K
Total expenses$3.2M
Total assets$43.9M
Net assets$43.6M

People

16 listed

NameRoleCompensation

DR NELIA DUNBAR

TRUSTEE

Board

1 hrs/wk

CLINTON MARRS

PRESIDENT

Board

1 hrs/wk

JEFFREY COREY

VICE PRESIDENT

Board

1 hrs/wk

BORDEN PUTNAM III

TREASURER/SECRETARY

Board

1 hrs/wk

DR MAHYAR AMOUZEGAR

TRUSTEE

Board

1.5 hrs/wk

CINDY ARDITO

TRUSTEE

Board

1 hrs/wk

JERRY A ARMIJO

TRUSTEE

Board

1 hrs/wk

RICHARD CERVANTES

TRUSTEE

Board

1.5 hrs/wk

WILLIAM DAILY

TRUSTEE

Board

1 hrs/wk

JOANNA DEBRINE

TRUSTEE

Board

1 hrs/wk

DR RAUL DEJU

TRUSTEE

Board

1 hrs/wk

RAVEN GOSWICK

TRUSTEE

Board

1 hrs/wk

DR DANIEL LOPEZ

TRUSTEE (THROUGH APRIL 2024)

Board

1 hrs/wk

LISA NOELL

TRUSTEE

Board

1 hrs/wk

GERALDINE RIVERA

TRUSTEE

Board

1 hrs/wk

COLLEEN FOSTER

EXECUTIVE DIRECTOR

Board

20 hrs/wk

Grants received

Showing 27 of 27

FromAmountPurposeYear
$100K
WATER ACCESS AND CONSERVATION
2024
$211K
For grant recipient's exempt purposes
2023
$125K
WATER PROGRAMS STIMULUS: LEADING THE WAY ON WATER EDUCATION AND APPLIED SCIENCE FOR NM
2023
$100K
EDUCATION
2023
$70K
LEADERSHIP AND TECHNICAL SUPPORT TO ADDRESS NM GROUNDWATER CHALLENGES
2023
$50K
WATER ACCESS AND CONSERVATION
2023
$40K
General Operations
2023
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
GENERAL SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$212K
For grant recipient's exempt purposes
2022
$73K
WATER LEADERSHIP WORKSHOP 2022
2022
$33K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$106K
For grant recipient's exempt purposes
2021
$106K
For grant recipient's exempt purposes
2021
$34K
For recipient's exempt purpose
2021
$42K
General Support
2020
$22K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$1K
Aero Design Team - Model Airplane Project
2020

Funded by

$1.4M from 13 funders · 27 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$636K · 4 grants · 2021–2023

Thornburg Foundation

$268K · 3 grants · 2022–2023

Water Foundation

$150K · 2 grants · 2023–2024

Vanguard Charitable Endowment Program

$105K · 4 grants · 2020–2023

New Mexico Community Trust

$100K · 1 grant · 2023

Paypal Charitable Giving Fund

$42K · 1 grant · 2020

Community Foundation of Southern

$40K · 1 grant · 2023

The Ayco Charitable Foundation

$40K · 1 grant · 2022

Details

EIN850194323
Subsection03
Ruling date1965-12
Formed1965
Employees0
Volunteers11
NEW MEXICO TECH FOUNDATION — Mission, Financials & Grants Received | Grantivo