2026-04-22T13:42:52-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2024-07-01 850194323 NEW MEXICO TECH FOUNDATION NEWM 5758355658 801 LEROY PLACE SOCORRO NM 87801 COLLEEN FOSTER EXECUTIVE DIRECTOR 5758355658 2026-04-22 1 1 STEVEN TALBOT P01695427 5058787200 2026-04-22 2024 2025-03-06 01:10:19Z COLLEEN FOSTER 801 LEROY PLACE SOCORRO NM 87801 2694868 0 X N/A X 1965 NM PROMOTE AND ADVANCE THE INTERESTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY. 14 11 0 11 0 0 2251216 1350661 100858 24840 1064326 1319367 0 0 3416400 2694868 2786555 3194993 0 0 0 0 90917 13500 13500 283393 365771 3160865 3574264 255535 -879396 43864530 46162411 214882 164112 43649648 45998299 THE FOUNDATION IS ORGANIZED TO PROMOTE AND ADVANCE THE INTERESTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY BY MAKING FUNDS AVAILABLE FOR INSTITUTIONAL SUPPORT AND SCHOLARSHIPS. 0 0 3309284 3189993 THE FOUNDATION IS ORGANIZED TO PROMOTE AND ADVANCE THE INTERESTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY. THIS INCLUDES SUPPORT OF MEETINGS AND EVENTS THAT RAISE THE PROFILE OF NEW MEXICO TECH WITH FRIENDS, ALUMNI AND DONORS, WITH THE GOAL OF GAINING FINANCIAL SUPPORT THROUGH DONATIONS. 5000 5000 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. 87871 24840 LEASES APARTMENTS TO NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY FOR ITS STUDENTS. 3402155 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X COLLEEN FOSTER 5758355352 801 LEROY PLACE SOCORRO NM 87801 DR NELIA DUNBAR TRUSTEE 1.00 40.00 X 0 92876 3679 CLINTON MARRS PRESIDENT 1.00 0.00 X X 0 0 0 JEFFREY COREY VICE PRESIDENT 1.00 0.00 X X 0 0 0 BORDEN PUTNAM III SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 DR MAHYAR AMOUZEGAR TRUSTEE 1.50 40.00 X 0 306950 89134 CINDY ARDITO TRUSTEE 1.00 0.00 X 0 0 0 JERRY A ARMIJO TRUSTEE 1.00 5.00 X 0 0 0 RICHARD CERVANTES TRUSTEE (THROUGH APRIL 2025) 1.00 0.00 X 0 289308 29832 DEBORAH COREY TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM DAILY TRUSTEE (THROUGH DECEMBER 2024) 1.00 0.00 X 0 0 0 EARL DEBRINE TRUSTEE 1.00 0.00 X 0 0 0 JOANNA DEBRINE TRUSTEE (THROUGH DECEMBER 2024) 1.00 0.00 X 0 0 0 DR RAUL DEJU TRUSTEE (THROUGH JULY 2024) 1.00 0.00 X 0 0 0 RAVEN GOSWICK TRUSTEE 1.00 0.00 X 0 0 0 LISA NOELL TRUSTEE 1.00 0.00 X 0 0 0 KIP PURCELL TRUSTEE 1.00 0.00 X 0 0 0 GERALDINE RIVERA TRUSTEE 1.00 0.00 X 0 0 0 DELILAH WALSH TRUSTEE 1.00 40.00 X 0 0 0 COLLEEN FOSTER EXECUTIVE DIRECTOR 20.00 20.00 X 0 158284 29883 0 847418 152528 0 0 1 0 0 1350661 212109 1350661 APARTMENT RENTAL 531110 24840 24840 24840 1319367 1319367 2694868 24840 0 1319367 3189993 3189993 5000 5000 24159 24159 21646 21646 13500 13500 38542 38542 60368 60368 7766 7766 3658 3658 4551 4551 84213 84213 1577 1577 PARTICIPANT SUPPORT COS 119291 119291 3574264 3402155 158609 13500 2044975 792847 68747 69778 512809 290977 3246 2545208 1378205 1129799 1167003 22451717 20196851 17481286 23552798 175197 88911 43864530 46162411 48 35355 214834 128757 214882 164112 X 22956886 22431068 20692762 23567231 43649648 45998299 43864530 46162411 -879396 3228047 0 X 0 1 X 1 0 X X 1 NM INSTITUTE OF MINING AND TECHNOLOGY 856000411 2 1 3189993 212162 1 3189993 212162 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 PART IV, SECTION E, LINE 2A THE PRIMARY PURPOSE OF THE NEW MEXICO TECH FOUNDATION IS TO PROVIDE SUPPORT TO THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY. THE FOUNDATION PROVIDES SUPPORT IN THE FORM OF STUDENT SCHOLARSHIPS AND SUPPORT FOR ONGOING RESEARCH TAKING PLACE AT THE UNIVERSITY. THE FOUNDATION CONFERS WITH THE UNIVERSITY AS TO THE SUPPORT THE UNIVERSITY NEEDS AND RESPONDS ACCORDINGLY ON AN ONGOING BASIS. ALL OF THE FOUNDATION'S ACTIVITIES ARE TRACKED REGULARLY TO DETERMINE THAT THE SUPPORT GIVEN TO THE UNIVERSITY CONSTITUTES SUBSTANTIALLY ALL OF ITS ACTIVITIES. PART IV, SECTION E, LINE 2B THE PRIMARY PURPOSE OF THE NEW MEXICO TECH FOUNDATION IS TO PROVIDE SUPPORT TO THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY. THE FOUNDATION PROVIDES SUPPORT IN THE FORM OF STUDENT SCHOLARSHIPS AND SUPPORT FOR ONGOING RESEARCH TAKING PLACE AT THE UNIVERSITY. THESE TWO ACTIVITIES ARE KEY ASPECTS OF THE UNIVERSITY AND WOULD HAVE TAKEN PLACE WHETHER OR NOT THE FOUNDATION WAS INVOLVED. PART I, LINE 12G, COL. (VI) THE $212,162 REPRESENTS THE PROGRAM SERVICE EXPENSES PROVIDED BY NEW MEXICO TECH FOUNDATION TO ITS SUPPORTED ORGANIZATION, NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 21646 0 0 21646 0 PART II-B, LINE 1: ACTIVITIES INCLUDE LOBBYING IN THE STATE LEGISLATURE FOR BILLS THAT HELP THE SCHOOL, SUCH AS CAPITAL OUTLAY AND BUDGETS. 19562963 1286853 2052170 481937 19821 22400228 17941819 622893 1640639 632312 10076 19562963 14577975 5068102 -1347251 357007 17941819 15467826 1555980 -2092836 352995 14577975 7593310 5852582 2316328 294394 15467826 0.00000 0.98952 0.01047 0 0 235100 235100 329481 1648127 1378205 599403 332500 332500 1167003 CREDIT AND STRUCTURED FINANCE POOL 4579069 F PRIVATE EQUITY POOL 4424644 F REAL ESTATE POOL 2123074 F CREDIT PLUS POOL 10114283 F REAL ESTATE RETURN POOL 2311728 F 23552798 DUE TO NM TECH 59295 DEFERRED INFLOW OF RESOURCES 69462 128757 5884373 3228047 3228047 2656326 38542 38542 2694868 3535722 0 3535722 38542 38542 3574264 PART V, LINE 4: THE ORGANIZATION'S INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS TO STUDENTS AS ESTABLISHED BY THE DONORS OF THE ENDOWMENT. 1 NEW MEXICO INSTITUTE OF MINING & TECHNOLOGY 801 LEROY PLACE SOCORRO NM 87801 856000411 501(C)(3) 3189993 0 SCHOLARSHIPS ($1,095,007) AND ACADEMIC SUPPORT ($2,094,986) 1 0 SCHOLARSHIPS AWARDED TO STUDENTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY 5 5000 PART I, LINE 2: THE FOUNDATION SUPPORTS THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY WITH DIRECT CONTRIBUTIONS TO THE UNIVERSITY AND THROUGH SCHOLARSHIP FUNDS. THE SCHOLARSHIPS ARE AWARDED THROUGH THE FINANCIAL AID OFFICE OF THE INSTITUTE. THE FOLLOWING CRITERIA WERE ESTABLISHED BY THE INSTITUTE FOR AWARDING SCHOLARSHIPS: 1) MUST BE A CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES; 2) MUST BE PURSUING THEIR FIRST BACHELOR'S DEGREE; 3) MUST BE A FULL-TIME STUDENT (MINIMUM 12 CREDIT HOURS PER SEMESTER); 4) MUST MEET THE SPECIFIC SCHOLARSHIP CRITERIA, SUCH AS SCHOLASTIC PERFORMANCE. 0 0 0 0 0 0 0 0 0 DR MAHYAR AMOUZEGAR TRUSTEE 0 306950 0 0 0 0 0 88820 0 314 0 396084 0 0 RICHARD CERVANTES TRUSTEE (THROUGH APRIL 2025) 0 289308 0 0 0 0 0 29832 0 0 0 319140 0 0 COLLEEN FOSTER EXECUTIVE DIRECTOR 0 158284 0 0 0 0 0 29883 0 0 0 188167 0 0 X 7 212109 FMV 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP WITH ONE ANOTHER BY VIRTUE OF THEIR POSITIONS AS DIRECTORS OR EMPLOYEES OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY, A RELATED ORGANIZATION: JERRY ARMIJO, DR. MAHYAR AMOUZEGAR, DELILAH WALSH, DR. NELIA DUNBAR, AND COLLEEN FOSTER. IN ADDITION, TRUSTEES JOANNA AND EARL DEBRINE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE DIRECTOR. AN ELECTRONIC COPY OF THE FINAL FORM 990 IS SENT TO ALL THE BOARD MEMBERS FOR REVIEW. BOARD MEMBERS ARE GIVEN SUFFICIENT TIME TO REVIEW THE FORM 990 AND SUBMIT COMMENTS AND PROVIDE APPROVAL. ONCE THE BOARD APPROVES THE FORM 990, IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS FILED AT LEAST ANNUALLY WITH THE SECRETARY OF THE BOARD. ALL DISCLOSURES ARE MADE KNOWN TO THE MEMBERS OF THE EXECUTIVE COMMITTEE. IF FURTHER ACTION IS NEEDED, FURTHER DISCLOSURES WILL BE TAKEN TO OTHER MEMBERS OF THE BOARD. DISCUSSIONS AND VOTES TAKE PLACE WITHOUT THE INTERESTED COVERED PERSON PRESENT. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND ALL OTHER GOVERNING AND ORGANIZING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. NEW MEXICO INSTITUTE OF MINING & TECHNOLOGY 801 LEROY PLACE SOCORRO NM 87801 856000411 HIGHER EDUCATION NM 501(C)(3) LINE 2 N/A 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0