2026-04-28T12:05:24-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2024-07-01 850275408 UNIVERSITY OF NEW MEXICO FOUNDATION INC UNIV 5053137600 700 LOMAS BLVD NE STE 108 108 ALBUQUERQUE NM 87102 NADINA PAISANO CHIEF FINANCIAL OFFICER 5053137600 2026-04-28 1 1 STEVEN TALBOT P01695427 5058787200 2026-04-21 2024 2025-03-06 01:10:19Z JEFFREY TODD 700 LOMAS BLVD NE STE 108 108 ALBUQUERQUE NM 87102 141072841 0 X WWW.UNMFUND.ORG X 1979 NM SEE SCHEDULE O. 27 27 116 34 1729114 1347313 48375072 48318399 8762563 10031560 16924694 24151097 3621065 1788171 77683394 84289227 47298017 47975781 0 0 12660626 13756241 180502 161350 10163303 4485151 5021574 64624296 66914946 13059098 17374281 520355860 568787285 151878019 162442010 368477841 406345275 CREATE POWERFUL ENGAGEMENTS AND PARTNERSHIPS THAT LEAD TO INCREASED PHILANTHROPY, INVESTMENT, INNOVATION, AND SUPPORT FOR THE UNIVERSITY OF NEW MEXICO. 0 0 51162170 47975781 10031560 THE UNIVERSITY OF NEW MEXICO FOUNDATION, INC. ENHANCES THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF NEW MEXICO BY RAISING PRIVATE FUNDS FOR THE BENEFIT OF STUDENTS, FACULTY AND PROGRAMS; AND INVESTS ENDOWMENT FUNDS AND OTHER FUNDS NOT IMMEDIATELY REQUIRED TO PROVIDE FOR LONG-TERM SUPPORT OF THE UNIVERSITY. 51162170 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 116 1 1 1 0 0 0 0 1 1 1 2 0 0 0 0 0 X 27 27 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AR CA DC KY LA MA MD MI MN NH NJ NY OK OR SC WV X X NADINA PAISANO 5053137600 700 LOMAS BLVD NE SUITE 108 ALBUQUERQUE NM 87102 FELICIA FINSTON CHAIR 2.00 X X 0 0 0 THOMAS DAULTON VICE CHAIR/CHAIR ELECT 2.00 X X 0 0 0 JAMES ELLIS NATIONAL VICE CHAIR 2.00 X X 0 0 0 ADAM HARRINGTON ASSISTANT TREASURER 2.00 X X 0 0 0 MONICA JOJOLA BOARD ADMINISTRATIVE OFFICER 2.00 X X 0 0 0 RYAN MUMMERT IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 KENNETH ARMIJO TRUSTEE 2.00 X 0 0 0 PAUL BLODGETT TRUSTEE 2.00 X 0 0 0 DOUG CAMPBELL TRUSTEE 2.00 X 0 0 0 PAUL CASSIDY TRUSTEE 2.00 X 0 0 0 DAMON CHRONIS TRUSTEE 2.00 X 0 0 0 DON CLAMPITT TRUSTEE 2.00 X 0 0 0 CAROL MAYO COCHRAN TRUSTEE 2.00 X 0 0 0 DEE DENNIS JR TRUSTEE 2.00 X 0 0 0 FRANCINE GAILLOUR TRUSTEE 2.00 X 0 0 0 DONALD GODWIN TRUSTEE 2.00 X 0 0 0 DEBBIE HARMS TRUSTEE 2.00 X 0 0 0 ERIK HARRIGAN TRUSTEE 2.00 X 0 0 0 CURTIS HUFF TRUSTEE 2.00 X 0 0 0 JULIANNE LEVINGS TRUSTEE 2.00 X 0 0 0 JOHN MOCKOVCIAK TRUSTEE 2.00 X 0 0 0 WILLIAM H PAYNE TRUSTEE 2.00 X 0 0 0 BRAD PREBER TRUSTEE 2.00 X 0 0 0 JERRALD ROEHL TRUSTEE 2.00 X 0 0 0 KIM SANCHEZ RAEL TRUSTEE (THRU 10/1/24) 2.00 X 0 0 0 HARRIS SMITH TRUSTEE 2.00 X 0 0 0 GARNETT STOKES TRUSTEE 2.00 X 0 0 0 PATRICIA VINCENT-COLLAWN TRUSTEE 2.00 X 0 0 0 JEFFREY TODD PRESIDENT AND CEO 40.00 X 453900 0 53947 LAWRENCE RYAN VP FOR UNIVERSITY DEVELOPMENT 40.00 X 286392 0 50061 WILLLIAM UHER VICE PRESIDENT OF DEVELOPMENT 40.00 X 294322 0 37128 PATRICK ALLEN GENERAL COUNSEL 40.00 X 270158 0 35512 PATRICIA IDAROLA CHIEF DIGITAL STRATEGY & SOLUTIONS OFCR. 40.00 X 205362 0 42813 KRISTINE C MAZZEI VICE PRESIDENT 40.00 X 221547 0 22203 NADINA PAISANO CFO AND TREASURER 40.00 X 200099 0 28169 ANNETTE HAZEN VICE PRESIDENT (THRU 6/30/25) 40.00 X 178464 0 26082 DEIDRE H SANDVICK SENIOR VICE PRESIDENT OF DEVELOPMENT 40.00 X 0 0 0 GRETCHEN DOYLE SENIOR ASSOCIATE VICE PRESIDENT 40.00 X 165616 0 24808 BONNIE MCLESKY ASSOCIATE VICE PRESIDENT 40.00 X 146450 0 30139 KRISTINE J PURRINGTON EXEC DIR, ACADEMIC DEVELOPMENT 40.00 X 146646 0 26563 MARY J WOLFORD SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 136103 0 36184 CHRISTOPHER ALBRECHT EXECUTIVE DIRECTOR OF DEVELOPMENT 40.00 X 144534 0 23080 YOLANDA DOMINGUEZ SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 139122 0 28071 2988715 0 464760 35 0 1 0 FBT ARCHITECTS 500 MARQUETTE AVE NW 15TH FLOOR ALBUQUERQUE NM 87102 BLDG CONSTRUCTION & PLANNING SERVICES 362743 NEPC 255 STATE STREET BOSTON MA 02109 INVESTMENT CONSULTANT 222547 PERFORMANCE ENHANCEMENTS INC 5435 AIRPORT BLVD SUITE 106 BOULDER CO 80301 IT MGMT CONSULTANTS 194644 RUFFALO CODY PO BOX 718 DES MOINES IA 50303 PROFESSIONAL FUNDRAISING 162446 2024 GO BONDS FOR EDUCATION CAMPAIGN 5504 CROWN RIDGE NW ALBUQUERQUE NM 87144 LOBBYING 130000 5 25250 48293149 3397296 48318399 UNM CONTRACT SERVICE REVENUE 611710 6300193 6300193 DEVELOPMENT FUNDING ALLOCATION 523940 3731367 3731367 10031560 4091060 4091060 27922 27922 75555056 1281117 55751607 1024529 19803449 256588 20060037 20060037 0 25250 7478 -7478 -7478 PASS-THROUGH PARTNERSHIP REVENUE 523000 1729114 1729114 38613 38613 1767727 84289227 10031560 1729114 24210154 47975781 47975781 2785819 222776 1400011 1163032 8404785 1197882 1720899 5486004 789196 107274 210744 471178 1019449 163104 195966 660379 756992 102871 192983 461138 12326 12326 75338 75338 135585 135575 10 161350 161350 310258 310258 867022 132447 315654 418921 120315 17396 10298 92621 246802 15332 185633 45837 418511 16070 373037 29404 401377 167212 234165 317356 33873 20509 262974 87895 87895 17755 17755 160137 47344 112793 DONOR RELATIONS 1280998 459991 19477 801530 PAYMENTS TO ANNUITANTS 272460 272460 DUES AND SUBSCRIPTIONS 184227 87773 32752 63702 PROFESSIONAL DEVELOPMEN 113212 7009 60980 45223 66914946 51162170 5589473 10163303 26942444 21648159 2507890 5443709 1155037 1734896 526594 465200 382840 298621 1475475 156316 1680916 1319159 341816558 367867096 123203095 147041307 143500 143500 21996986 22825638 520355860 568787285 1985504 2083100 1068837 982459 148823678 159376451 151878019 162442010 X 7158258 9012145 361319583 397333130 368477841 406345275 520355860 568787285 X 17374281 22198078 -1704925 X 0 1 X 1 0 X 39421081 69846458 48373912 48375072 48318399 254334922 39421081 69846458 48373912 48375072 48318399 254334922 6720046 247614876 2109549 970071 547360 4297743 4118982 12043705 1698187 3030141 1347313 6075641 21151 7980 30970 38613 98714 272552982 43801421 0.90850 0.91760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2021 AMOUNT: $ 21,151. 2022 AMOUNT: $ 7,980. 2023 AMOUNT: $ 30,970. 2024 AMOUNT: $ 38,613. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 135585 135585 0 PART II-B, LINE 1: LOBBYING ACTIVITIES INCLUDE PAYMENTS TO GO BOND FOR EDUCATION TO SUPPORT 2024 GENERAL OBLIGATION BOND VOTE, AS WELL AS FOR ATTENDANCE AT COMMUNITY EVENTS AND FOOD/BEVERAGE BY UNM DEPARTMENTS AND RELATED UNITS, WHICH GOVERNMENT OFFICIALS ATTENDED. 1498356 X SUPPORT UNM ART PROGRAMS 0 358313528 14095359 44824377 20040702 6559753 390632809 315092047 16746132 50408197 18192347 5740501 358313528 286202327 28342250 24133247 18224471 5361306 315092047 299699378 17366167 -12472046 13805983 4585189 286202327 228138458 17001713 70153193 11491811 4102175 299699378 0.07610 0.92328 0.00062 0 0 263444 263444 402000 402000 189619 156316 33303 620412 620412 1319159 CIF - ILLIQUID REAL ASSETS 17718546 F CIF - MARKETABLE ALTERNATIVE 28015254 F CIF - PRIVATE EQUITY 94193380 F CIF - REAL ESTATE FUNDS 7114127 F 147041307 DUE TO CONSOLIDATED INVESTMENT FUND 3642947 DUE TO UNIVERSITY OF NEW MEXICO 132373702 DEFERRED ANNUITIES PAYABLE 1707645 DEFERRED INFLOWS OF BENEFICIAL INTEREST 21652157 159376451 X 104479600 22198078 31667 22229745 82249855 310258 1729114 2039372 84289227 66612166 7478 7478 66604688 310258 310258 66914946 PART III, LINE 4: THE DONATED ART HELD FOR SALE WILL BE SOLD, AND THE NET PROCEEDS WILL SUPPORT ART PROGRAMS, COLLECTIONS, MUSEUMS AND OTHER PROGRAMS AT THE UNIVERSITY OF NEW MEXICO. PART V, LINE 4: THE PURPOSE OF EACH ENDOWMENT FUND IS SPECIFIED IN A WRITTEN AGREEMENT WITH A DONOR(S) AND SUPPORTS THE MISSION OF THE UNIVERSITY OF NEW MEXICO, INCLUDING SCHOLARSHIPS, FACULTY SUPPORT, LIBRARIES, RESEARCH BUILDINGS, AND EQUIPMENT. PART X, LINE 2: THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND AS SUCH IS EXEMPT FROM FEDERAL AND STATE INCOME TAX ON ITS RELATED INCOME UNDER SECTION 501(A) OF THE IRC. FURTHERMORE, AS A PUBLICLY SUPPORTED ORGANIZATION, IT IS CLASSIFIED AS A PUBLIC CHARITY AND NOT A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(1). THE FOUNDATION PAID UNRELATED BUSINESS INCOME TAXES TOTALING APPROXIMATELY $500,000 AND $350,000 FOR FISCAL YEARS ENDED JUNE 30, 2025 AND 2024, RESPECTIVELY. THERE IS NO PROVISION FOR INCOME TAXES INCLUDED IN THE FINANCIAL STATEMENTS BECAUSE THE FOUNDATION IS CURRENT ON ITS ESTIMATED UNRELATED BUSINESS INCOME TAX. PART XI, LINE 2D - OTHER ADJUSTMENTS: ANNUITIES PAYABLE ADJUSTMENT 24,189. FUNDRAISING EVENT EXPENSES 7,478. PART XI, LINE 4B - OTHER ADJUSTMENTS: PASS-THROUGH PARTNERSHIP REVENUE 1,729,114. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 7,478. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 19406261 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 5715857 NORTH AMERICA 0 0 INVESTMENTS 410264 SOUTH AMERICA 0 1 PROGRAM SERVICES TO CONDUCT AND MANAGE PROJECT ECHO URUGUAY TELEECHO CLINICS WITH ACADEMIC MEDICAL CENTERS AND PARTNERS IN URUGUAY 46000 0 1 0 0 0 1 25578382 0 25578382 1 0 1 1 1 0 PART I, LINE 3: METHOD OF ACCOUNTING: ACCRUAL X X X X X X 1 RUFFALO CODY PO BOX 718 DES MOINES IA 50303 PHONE, E-MAIL, MAIL, CROWDFUNDING 0 159503 161350 -1847 159503 161350 -1847 AL AK AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY HOOPS FOR HOPE 25250 25250 7478 25250 25250 7478 7478 -7478 1 UNIVERSITY OF NEW MEXICO 1 UNIVERSITY OF NEW MEXICO ALBUQUERQUE NM 87131 856000642 115 47975781 0 ENABLE UNIVERSITY TO ENGAGE IN COMPREHENSIVE EDUCATIONAL, RESEARCH AND SERVICE PROGRAMS. 1 0 PART I, LINE 2: THE FOUNDATION MAINTAINS RECORDS SUBSTANTIATING THE AMOUNT OF GRANTS. GRANTS ARE MONITORED THROUGH THE UNIVERSITY OF NEW MEXICO'S ACCOUNTING DEPARTMENT AND ITS BOARD OF REGENTS. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 JEFFREY TODD PRESIDENT AND CEO 420300 0 33600 0 0 0 33000 0 20947 0 507847 0 0 0 LAWRENCE RYAN VP FOR UNIVERSITY DEVELOPMENT 265300 0 21092 0 0 0 27766 0 22295 0 336453 0 0 0 WILLLIAM UHER VICE PRESIDENT OF DEVELOPMENT 271531 0 22791 0 0 0 28491 0 8637 0 331450 0 0 0 PATRICK ALLEN GENERAL COUNSEL 250300 0 19858 0 0 0 26192 0 9320 0 305670 0 0 0 PATRICIA IDAROLA CHIEF DIGITAL STRATEGY & SOLUTIONS OFCR. 190300 0 15062 0 0 0 19904 0 22909 0 248175 0 0 0 KRISTINE C MAZZEI VICE PRESIDENT 205300 0 16247 0 0 0 21475 0 728 0 243750 0 0 0 NADINA PAISANO CFO AND TREASURER 185299 0 14800 0 0 0 19388 0 8781 0 228268 0 0 0 ANNETTE HAZEN VICE PRESIDENT (THRU 6/30/25) 165300 0 13164 0 0 0 17290 0 8792 0 204546 0 0 0 GRETCHEN DOYLE SENIOR ASSOCIATE VICE PRESIDENT 153516 0 12100 0 0 0 15926 0 8882 0 190424 0 0 0 BONNIE MCLESKY ASSOCIATE VICE PRESIDENT 135770 0 10680 0 0 0 14188 0 15951 0 176589 0 0 0 KRISTINE J PURRINGTON EXEC DIR, ACADEMIC DEVELOPMENT 136265 0 10381 0 0 0 14219 0 12344 0 173209 0 0 0 MARY J WOLFORD SENIOR DIRECTOR OF DEVELOPMENT 126631 0 9472 0 0 0 13201 0 22983 0 172287 0 0 0 CHRISTOPHER ALBRECHT EXECUTIVE DIRECTOR OF DEVELOPMENT 134275 0 10259 0 0 0 14013 0 9067 0 167614 0 0 0 YOLANDA DOMINGUEZ SENIOR DIRECTOR OF DEVELOPMENT 129000 0 10122 0 0 0 13475 0 14596 0 167193 0 0 0 PART I, LINE 1A A FAMILY MEMBER OF THE CEO TRAVELED FOR BONA FIDE BUSINESS PURPOSES OF THE FOUNDATION. NO TAXABLE COMPENSATION WAS REPORTED IN FY 25. EACH EXPENSE WAS REVIEWED FOR TAXABILITY AND PROPERLY SUBSTANTIATED UNDER THE FOUNDATION'S ACCOUNTABLE PLAN. NO EXPENSES WERE TREATED AS TAXABLE COMPENSATION FOR FY25. PART I, LINE 7 DISCRETION IS USED IN DETERMINING THE NON-FIXED COMPENSATION, WHICH IS BASED ON COMPLETION OF ORGANIZATION-WIDE GOALS AND IS CALCULATED USING A UNIFORM PERCENTAGE FOR THE ENTIRE ORGANIZATION. THIS COMPENSATION IS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. X 79 3214496 FMV X 46 182800 APPRAISALS 1 0 1 1 PART I, COLUMN (B): NUMBER OF ITEMS CONTRIBUTED PART I, LINE 32B: A BROKER IS USED TO SELL GIFTS OF SECURITIES, AND REAL ESTATE AGENCIES ARE USED TO LIST AND SELL GIFTS OF REAL ESTATE. FORM 990, PART I, LINE 1 CREATE POWERFUL ENGAGEMENTS AND PARTNERSHIPS THAT LEAD TO INCREASED PHILANTHROPY, INVESTMENT, INNOVATION, AND SUPPORT FOR THE UNIVERSITY OF NEW MEXICO. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF REGENTS OF THE UNIVERSITY OF NEW MEXICO MAY APPOINT ONE MEMBER TO THE UNM FOUNDATION'S BOARD OF TRUSTEES. THE BOARD OF REGENTS IS THE CONSTITUTIONALLY DESCRIBED GOVERNING BODY OF THE UNIVERSITY, HAVING FIDUCIARY RESPONSIBILITY FOR THE ASSETS AND PROGRAMS OF THE UNIVERSITY. THE BOARD OF TRUSTEES IS THE ELECTED GOVERNING BOARD OF THE UNM FOUNDATION, HAVING FIDUCIARY RESPONSIBILITY FOR THE ASSETS AND PROGRAMS OF THE UNM FOUNDATION. THE PRESIDENT OF THE UNIVERSITY OF NEW MEXICO SERVES ON THE UNM FOUNDATION BOARD OF TRUSTEES AND MAY APPOINT UP TO TWO UNM DEANS TO SERVE ON THE UNM FOUNDATION BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE CONSOLIDATED INVESTMENT FUND INCLUDES ASSETS OWNED BY THE UNIVERSITY OF NEW MEXICO AND ASSETS OWNED BY THE UNM FOUNDATION. THE BOARD OF REGENTS OF THE UNIVERSITY AND THE BOARD OF TRUSTEES OF THE UNM FOUNDATION JOINTLY APPROVE THE INVESTMENT POLICY AND THE INVESTMENT CONSULTANT FOR THE CONSOLIDATED INVESTMENT FUND. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE. AFTER THE AUDIT COMMITTEE APPROVES THE FORM 990, A PUBLIC DISCLOSURE COPY OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING. THE UNREDACTED SCHEDULE B TO THE FORM 990 IS NOT REVIEWED BY THE FULL BOARD DUE TO THE CONFIDENTIAL AND PRIVATE NATURE OF ITS DONOR LIST. THE FORM 990 IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES ATTEST TO THEIR INDEPENDENCE UPON APPOINTMENT OR HIRE AND REAFFIRM THEIR INDEPENDENCE ANNUALLY. A TRUSTEE WITH A CONFLICT IS NOT PERMITTED TO VOTE ON ANY ACTION PERTAINING TO THAT MATTER. THERE WERE NO CONFLICTS OF INTEREST IN THE CURRENT YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS DETERMINED BY THE UNM FOUNDATION BOARD OF TRUSTEES' EXECUTIVE COMMITTEE. THE COMPENSATION FOR ALL OTHER FOUNDATION EMPLOYEES IS DETERMINED BY THE CEO WITHIN RANGES CONSISTENT WITH PEER ORGANIZATIONS. TO ASSURE THE REASONABLENESS OF THE COMPENSATION ARRANGEMENT FOR THE CEO AND ALL OTHER FOUNDATION EMPLOYEES WHO MAY BE CONSIDERED A "DISQUALIFIED PERSON," ON AT LEAST AN ANNUAL BASIS THE FOUNDATION BOARD OF TRUSTEES' COMPENSATION COMMITTEE CONDUCTS A COMPREHENSIVE COMPENSATION ANALYSIS. THE COMPENSATION COMMITTEE'S COMPENSATION ANALYSIS IS PERFORMED BY TRUSTEES WHO ARE INDEPENDENT AND HAVE NO CONFLICT OF INTEREST, AND THE ANALYSIS ASSURES THAT THE COMPENSATION ARRANGEMENT FOR EACH POTENTIALLY DISQUALIFIED PERSON IS REASONABLE BASED ON A COMPARISON TO COMPENSATION DATA FROM LOCAL SOURCES AND BENCHMARKING OF REGIONAL AND NATIONAL PEERS. IN ADDITION, EVERY FIVE YEARS, THE FOUNDATION CONDUCTS AN INDIVIDUALIZED BENCHMARKING STUDY OF THE COMPENSATION FOR ALL POTENTIALLY DISQUALIFIED PERSONS. THE COMPENSATION COMMITTEE DOCUMENTS ALL OF ITS ANALYSES IN WRITTEN MINUTES AND REPORTS. THE COMPENSATION COMMITTEE LAST CONDUCTED AND DOCUMENTED ITS COMPENSATION ANALYSIS IN FY 2024/2025. FORM 990, PART VI, SECTION C, LINE 18 THE UNM FOUNDATION'S FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST FROM THE OFFICE OF MARKETING AND COMMUNICATIONS AND ON ITS WEBSITE AT WWW.UNMFUND.ORG. FORM 990 IS ALSO AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR'S WEBSITE AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FORM 1023 IS AVAILABLE UPON REQUEST ONLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS ARE FILED WITH THE NEW MEXICO SECRETARY OF STATE. INTERESTED PARTIES MAY REQUEST COPIES OF THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS FROM THE UNM FOUNDATION'S OFFICE OF MARKETING AND COMMUNICATIONS. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE: WWW.UNMFUND.ORG. FORM 990, PART XI, LINE 9: ANNUITY CHANGE IN ACTUARIAL LIABILITY 24,189. PASS-THROUGH PARTNERSHIP REVENUE NOT INCLUDED IN BOOK INCOME -1,729,114. FORM 990, PART VIII, LINE 2B: THE DEVELOPMENT FUNDING ALLOCATION IS A FEE ASSESSED AGAINST THE CONSOLIDATED INVESTMENT FUND, WHICH HOLDS AND INVESTS ENDOWMENT ASSETS ON BEHALF OF THE UNIVERSITY AND THE UNM FOUNDATION. THE AMOUNT REPORTED ON LINE 2B ($3,731,367) AS REVENUE IS THE ASSESSMENT AGAINST THE ENDOWMENT ASSETS OWNED BY THE UNIVERSITY. THE AMOUNT ASSESSED AGAINST ENDOWMENT ASSETS OWNED BY THE UNM FOUNDATION ($6,582,055) IS NOT REFLECTED AS REVENUE BUT AS A TRANSFER OF ASSETS FROM RESTRICTED TO UNRESTRICTED FUNDS. FORM 990, PART IX, LINE 11F: INVESTMENT MANAGEMENT FEES REPORTED ARE PRORATED BASED ON THE PERCENTAGE OF THE ENDOWMENT OWNED BY THE UNIVERSITY AND THE PERCENTAGE OWNED BY THE UNM FOUNDATION. FORM 990, PART IX, LINE 25, COLUMN D: THE FUNDRAISING EXPENSES REPORTED REFLECT ALL THE EXPENSES INCURRED BY THE FOUNDATION TO SECURE PRIVATE CONTRIBUTIONS IN SUPPORT OF THE UNIVERSITY OF NEW MEXICO. HOWEVER, THE CONTRIBUTIONS REPORTED IN PART I, LINE 8, AND PART VIII, LINE 1H, INCLUDE ONLY CONTRIBUTIONS THAT ARE PROCESSED THROUGH THE FOUNDATION'S FINANCIAL RECORDS. FOR INSTANCE, GIFTS OF ARTWORK, REAL ESTATE, AND EQUIPMENT FOR USE BY THE UNIVERSITY ARE PROCESSED THROUGH THE UNIVERSITY'S FINANCIAL RECORDS AND ARE NOT INCLUDED IN PART I, LINE 8, AND PART VIII, LINE 1H. SIMILARLY, PLEDGES TO ENDOWMENT FUNDS ARE NOT INCLUDED AND ONLY REALIZED BEQUESTS ARE INCLUDED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THEREFORE, FORM 990 SHOULD NOT BE USED TO DETERMINE THE FOUNDATION'S COST-TO-RAISE-A-DOLLAR, GIVEN THE EXCLUSIONS/LIMITATIONS NOTED ABOVE. FORM 990, PART X, LINES 2, 11 AND 12: ENDOWMENT ASSETS OF BOTH THE UNIVERSITY AND THE UNM FOUNDATION ARE HELD IN THE CONSOLIDATED INVESTMENT FUND. ENDOWMENT ASSETS OWNED BY THE UNIVERSITY ($371,727,611) ARE NOT REPORTED ON THE UNM FOUNDATION'S FORM 990. ENDOWMENT ASSETS OWNED BY THE UNM FOUNDATION ($515,437,552) ARE REPORTED ON THE UNM FOUNDATION'S FORM 990, PART X, LINES 2, 11 AND 12 WITH ADDITIONAL DETAIL ON SCHEDULE D, PART VII.