NEW MEXICO STATE UNIV FDN INC Charity Report

Public IRS 990 nonprofit record

NEW MEXICO STATE UNIV FDN INC

EIN 85-0170157 · Education (B110)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders47 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

29.68%of revenue went to mission work64.0% of expenses · Program services

10.04%of revenue went to fundraising21.7% of expenses

$46.36spent for every $100 of revenueRevenue covered expenses this year.

6.64%of revenue went to management and office costs14.3% of expenses

$17.82in assets for every $1 spent this yearSome assets cannot be spent right away.

31.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $579,095 for SYLVIA ACOSTA (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$56,722,856

Mission workProgram services$16,834,04129.68% of revenue64.0% of expenses

ManagementOffice and general costs$3,766,7306.64% of revenue14.3% of expenses

FundraisingAsking for donations$5,697,28310.04% of revenue21.7% of expenses

Revenue left after expensesReported annual surplus$30,424,80253.64% of revenueShown in gray on the chart

Total expenses$26,298,05446.36% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 64.0% mission · 14.3% management · 21.7% fundraisingTotal expenses: 46.36% of revenue

2023Expense mix: 55.2% mission · 24.8% management · 20.0% fundraisingTotal expenses: 72.43% of revenue

2022Expense mix: 65.7% mission · 13.2% management · 21.1% fundraisingTotal expenses: 127.77% of revenue

2021Expense mix: 72.3% mission · 8.1% management · 19.6% fundraisingTotal expenses: 20.12% of revenue

2020Expense mix: 76.8% mission · 12.2% management · 11.0% fundraisingTotal expenses: 13.87% of revenue

2019Expense mix: 70.9% mission · 18.1% management · 11.0% fundraisingTotal expenses: 66.19% of revenue

2018Expense mix: 78.7% mission · 8.7% management · 12.6% fundraisingTotal expenses: 70.58% of revenue

2017Expense mix: 75.6% mission · 9.5% management · 14.9% fundraisingTotal expenses: 54.98% of revenue

Money in and money out

Revenue$56,722,856

Expenses$26,298,054

Annual surplus $30,424,802 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$16,834,041 · 64.0% of expenses

Management and office costs$3,766,730 · 14.3% of expenses

Fundraising$5,697,283 · 21.7% of expenses

See all reported dollar amounts

Revenue$56,722,856

Expenses$26,298,054

Assets$468,504,588

Income$206,000,999

Contributions$17,628,566

Mission work (program services)$16,834,041

Fundraising$5,697,283

Grants given$91,252,735

Average grant$13,036,105

Management and general$3,766,730

Stocks and bonds$70,351,095

Accounting fees$48,381

Investing fees$986,580

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SYLVIA ACOSTACHIEF EXECUTIVE OFFICER · 40 hrs/week $579,095Base $477,822 · Other $101,273

DAVID STRONGFORMER CHIEF FINANCIAL OFFICER · 40 hrs/week $386,168Base $317,311 · Other $68,857

SUSAN SORENSON-CLARKDIRECTOR OF TALENT AND CULTURE · 40 hrs/week $297,176Base $241,409 · Other $55,767

JAMES COVINGTONEXECUTIVE DIRECTOR - ESTATES AND PLANNED GIVING · 40 hrs/week $252,774Base $207,653 · Other $45,121

STACEY MACDONNELLAVP ADVANCEMENT SERVICES · 40 hrs/week $231,718Base $183,853 · Other $47,865

JESSICA PARKSDIRECTOR OF GIFT ADMINISTRATION · 40 hrs/week $215,704Base $163,335 · Other $52,369

DEBRA MARKSAVP PHILANTHROPY · 40 hrs/week $189,113Base $165,249 · Other $23,864

ALASDAIR FORSYTHECONTROLLER · 40 hrs/week $186,370Base $146,452 · Other $39,918

MARIA MCDONAGHDIRECTOR OF COMMUNICATIONS · 40 hrs/week $179,195Base $147,369 · Other $31,826

BRIEN MURPHYSR. DIRECTOR OF FOUNDATION RELATIONS · 40 hrs/week $174,197Base $132,663 · Other $41,534

DAVID NEALSR. DIRECTOR OF PHILANTHROPY · 40 hrs/week $169,165Base $136,918 · Other $32,247

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (47)

SYLVIA ACOSTACHIEF EXECUTIVE OFFICER

DAVID STRONGFORMER CHIEF FINANCIAL OFFICER

SUSAN SORENSON-CLARKDIRECTOR OF TALENT AND CULTURE

JAMES COVINGTONEXECUTIVE DIRECTOR - ESTATES AND PLANNED GIVING

STACEY MACDONNELLAVP ADVANCEMENT SERVICES

JESSICA PARKSDIRECTOR OF GIFT ADMINISTRATION

DEBRA MARKSAVP PHILANTHROPY

ALASDAIR FORSYTHECONTROLLER

MARIA MCDONAGHDIRECTOR OF COMMUNICATIONS

BRIEN MURPHYSR. DIRECTOR OF FOUNDATION RELATIONS

DAVID NEALSR. DIRECTOR OF PHILANTHROPY

KYLE RHODESDIRECTOR

THOM PRICEDIRECTOR

LARRY MIRABALCFO (BEGIN 1/28/2025)

LOUIS A VEGACHAIR

MANNY MORADIRECTOR

MARC REYESDIRECTOR

MARGARET HARDINVICE CHAIR

MICHAEL PACKARDDIRECTOR

NICOLE LOUVARDIRECTOR

ORLANDO CASTANEDADIRECTOR

ROBERT MARTINEZDIRECTOR

ROSS MCCALLISTERDIRECTOR

BOB DINTELMANDIRECTOR

SUE DINTELMANDIRECTOR

SUSAN PLANTZDIRECTOR

AMY HUMMERSECRETARY

ABEL COVARRUBIASDIRECTOR

CHRISTOPHER DULANYDIRECTOR

ERIC POWELLDIRECTOR

CHRISTIAN H HENDRICKSONIMMEDIATE PAST CHAIR

DEANZA VALENCIADIRECTOR

CAROL SMALLWOODDIRECTOR

DEL ESPARZADIRECTOR

DINO CAMUNEZDIRECTOR

DR JUDY JOHNSONTREASURER

DR MICHAEL LAWDIRECTOR

DR SUE GERBERDIRECTOR

KEVIN CONROYDIRECTOR

FRANK SEIDELDIRECTOR

JACK DAVISDIRECTOR

JAGDEV CHEEMADIRECTOR (END 6/30/2025)

BRENDA PORTERDIRECTOR

JIM RHODESDIRECTOR

JOE SALOPEKDIRECTOR

JOEL GRANGERDIRECTOR

JOHN CORDOVADIRECTOR

About this charity

Recognized since: January 1960
Location: PO BOX 3590, LAS CRUCES, NM 88003-3590
County: Do├▒a Ana
In care of: % JOSEPH MCINTYRE
Primary officer: Sylvia Acosta, Chief Executive Officer

How to reach them

WebsiteVisit the charity’s website Emailinfo@nmsufoundation.org Phone(575) 646-1613 Officer phone(575) 646-4072

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes