Frequently Asked Questions

• How do I make a planned gift?

  Among the most popular ways of providing a planned gift to UNM is through a bequest in a will, a beneficiary designation on life insurance policies and retirement plans, and establishing life-income gifts that provide a lifelong income to you today and a gift to UNM in the future. Each individual legacy gift contributes to our financial strength and ability to meet the needs of the students, faculty, and patients.

• What is the UNM Foundation’s tax identification number and legal name?

  Federal Tax ID Number: 85-0275408
  Legal Name: The University of New Mexico Foundation, Inc.
  Address: 700 Lomas Blvd. NE, Albuquerque, NM 87102

• Why should I consider making a planned gift to the UNM Foundation?
  • To “pay forward” the scholarship you received
  • To honor a loved one or professor
  • To express gratitude for the care you received
  • To create an opportunity for students that you didn’t have
  • To celebrate a special occasion
• Can I direct how the UNM Foundation will use my gift?

  Yes, you can direct your gift for general use, scholarships, fellowships, research, faculty support, new or existing funds, and more. Some donors may wish to make a gift without designating a specific area of campus, however, most donors prefer to restrict the use of their gift to a college or fund for which they have an affinity. For additional designations that are not listed below, contact the Office of Planned Giving.

  Colleges and Schools
  Anderson School of Management
  College of Arts & Sciences
  College of Education
  College of Fine Arts
  Graduate Studies
  Honors College
  College of Nursing
  College of Pharmacy
  College of Population Health
  College of University Libraries & Learning Sciences
  School of Architecture and Planning
  School of Engineering
  School of Law
  School of Medicine
  University College

  CULTURE & COMMUNITY
  Athletics
  Alumni Association
  Continuing Education & Osher Lifelong Learning Institute
  Geology Museum
  KNME NM PBS
  KUNM
  Maxwell Museum
  Meteorite Museum
  The Museum of Southwestern Biology
  Popejoy Hall
  Tamarind Institute
  University Art Museum

  LIBRARIES
  Centennial Science and Engineering Library
  Center for Southwest Research and Special Collections
  Fine Arts and Design Library
  Parish Memorial Library
  Zimmerman Library

• What is the difference between an endowed fund and a current-use fund?

  With a current-use fund, the monies are able to be spent as they are received and there is no minimum gift amount. An endowed fund allows your gift to exist in perpetuity and can be established with a gift of $25,000 or more. The monies in an endowed fund are invested and only the interest is used for the purpose you’ve selected.

  If you are interested in creating an endowed fund, contact us and we will work with you to create a Gift Agreement that lays out the form, purpose, and administration of your gift. Signed by the donor, a UNM representative and the UNM Foundation president, a Gift Agreement documents your wishes with regard to guidelines for use of the funds. The UNM Foundation will manage the endowment and make annual disbursements while providing for the long-term growth of the principal.

• Why should I inform the UNM Foundation of my plans?

  Most important, it gives us the opportunity to thank you and work with you on the specifics of your gift. Even if you wish to keep your planned gift anonymous, we encourage you to let us know the terms of the gift so we can ensure that the gift can be used as you intend. All inquiries are confidential.

Please contact Office of Planned Giving for more information.