Higher EdFriday, November 13
UNM receives an estimated $55 million gift, the largest in its history, for the second time this year
The Daily Rio Rancho team
The University of New Mexico has received its largest donation ever, and it's the second time this year. This one is an estimated $55 million from the estate of an anonymous donor. The previous record came in May, when Jim and Gail Ellis pledged $30 million to the business school, which was renamed after them.
UNM's new gift is bigger than May's record pledge
Source: 96.3 KKOB
View as table
| Value | |
|---|---|
| May: Ellis pledge | $30 million |
| Now: estate gift | $55 million |
Where does the money go? The gift will fund a variety of initiatives, and KRQE NEWS 13 also included it in Thursday's Five Facts:
- Scholarships and the Student Emergency Relief Fund
- Research, clinical training and student residencies
- Travel for arts and sciences, nursing, medicine, dental medicine, graduate studies
- Harwood Museum of Art also gets funding
$55 millionestimated gift from an anonymous donor's estate
It follows the $30 million Ellis pledge to the business school in May.
Source: 96.3 KKOB
Sources: 96.3 KKOB, KRQE NEWS 13