Endowments at the UNM Foundation

ENDOWMENTS AT THE UNM FOUNDATION

THE POWER OF ENDOWMENTS

Every gift to the UNM Foundation is a commitment of confidence in the mission of The University of New Mexico, and every endowed fund helps provide a substantial base for future development and student success.

When you establish or contribute to an endowed fund through the UNM Foundation, your gift increases and is held in perpetuity, providing benefits beyond your lifetime.

Individuals, families, friends, alumni, colleagues, foundations and corporations may establish endowments. Each endowed fund has a set of guidelines to ensure that assets are spent according to the donor’s purpose and intent, in accordance with university policies. Funds may:

• Support any school, college, cultural amenity, athletics or other UNM program;

• Provide for student scholarships or faculty support, outreach, research, or patient support; or

• Serve the general needs of the university.

The principal of an endowment is carefully invested in the University’s Consolidated Investment Fund (CIF). Annually, the UNM Foundation determines a spending distribution percentage based on a 5-year average of the market value of the CIF. The range for these distributions is 4 to 6 percent of the value of the fund.

Endowments support nearly every aspect of UNM, spanning the health sciences, academic programs, athletics, museums and Popejoy Hall. Examples of funds making an impact that will be sustained forever:

Dee and Ken Tillman and Cathie and Chuck Corbin Endowment for Physical Education

The Gerald May Department of Civil, Construction and Environmental Engineering

Stephen F. and Fay Evans Martin Endowment for Undergraduate Research in Chemistry

James “Jimmy” Butler Track and Cross-Country Student-Athlete Support Endowment

Richard C. Sandoval Scholarship Endowment in Art and Art History

Dennis S. Peña Endowment at the UNM Poison Center

Howard L. Karno Endowment for Latin American Pictorial Collections

John H. Saiki Clinical Oncology Endowment Fund

Jackie Schlegel Memorial Honors Endowment for Scribendi

Schoeman Travel Endowment for Architecture School of Medicine Alumni Association Endowment

Patrick D. Conroy Endowment for Veteran’s Resources

Judith Harris Global Health Endowment in Nursing

ABOUT THE UNM CONSOLIDATED INVESTMENT FUND

The UNM Foundation Investment Committee oversees and manages the endowment assets of the university and the UNM Foundation. These 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. The CIF has demonstrated an excellent history of performance compared to other endowments of its size.

For up-to-date information on the CIF’s investment asset allocation, 3-year, 5-year and 10-year investment performance, and total annual spending distributions please visit: unmfund.co/financials

ENDOWMENT MINIMUMS

Most endowments may be established with a minimum gift of $25,000. Endowments that fund specialized needs at UNM have higher funding minimums, as follows:

Presidential Scholarship $75,000 minimum

Endowed University Leadership Positions

Endowed Deanship or equivalent $5,000,000 minimum

Endowed Department Chair $2,500,000 minimum

Endowed Head Coach $1,000,000 minimum

Endowed Faculty Positions

Endowed Faculty Chair $1,500,000 minimum

Endowed Professorship $500,000 minimum

Endowed Fellowship $250,000 minimum

Endowed Visiting Professorship or Scholar $250,000 minimum

MAKING AN ENDOWMENT GIFT

Endowments may be funded with a single gift, or with a pledge spanning up to three years. Pledges over $50,000 may be extended up to five years. Gifts are accepted in many forms, including:

• Cash

• Stocks

• IRA charitable contributions

• Donor Advised Funds

• Charitable bequests in a will or trust

• Other forms of estate gifts

You may create and name an endowment in honor of an individual or organization. The terms of your endowment will be memorialized in a gift agreement with the UNM Foundation. The best way to start contemplating the possibilities is to work with one of the UNM Foundation’s development officers who specializes in your area of interest.

LEARN MORE:

Bill Uher

Vice President of Development, Health Sciences (505) 313-7622

Bill.Uher@unmfund.org

Larry Ryan

Vice President of Development, Main Campus (505) 313-7626

Larry.Ryan@unmfund.org

Kristine Mazzei

Vice President of Central Development (530) 219-1507

Kristine.Mazzei@unmfund.org

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