We provide gift agreements for all gifts $25,000 or more. Agreements outline the purpose, form, schedule and administration of gifts. For smaller gifts, donors may document their preferences with pledge cards, letters or notes on their checks.
Non-cash gifts (securities or real estate) require special processing. The Foundation converts these gifts to cash.
Every gift goes into an endowed or current use account as specified by the donor. The Foundation disburses funds from accounts as defined by donors’ preferences.
A one-time gift fee of five percent (5%) will be assessed on all gifts to NMSU and the NMSU Foundation on the value of the gift up to $5 million. The gift fee will be collected at the time the gift is received.
If the gift is non-endowed, the Foundation disburses the entire gift as designated by the donor. If the gift is endowed, we invest it until it has generated enough proceeds to fund the scope of the gift.