Higher EdThursday, November 12
UNM expects an estimated $55 million from an anonymous donor, its largest gift ever
The Daily Rio Rancho team
If you've got a Lobo in the family, here's good news: the University of New Mexico expects an estimated $55 million from the estate of an anonymous donor, the largest gift in its history. According to a UNM release, the money will go toward student scholarships, research, healthcare and academic and arts programs.
UNM's estimated $55 million gift tops May's $30 million pledge
Source: Albuquerque Journal
View as table
| Value | |
|---|---|
| Ellis pledge, May | $30 million |
| Anonymous estate gift | $55 million |
Because it's an estate gift, there's no telling when UNM will get the money or exactly how much, said UNM Foundation CEO Jeff Todd. UNM says the figure is an estimate because it represents a percentage of the donor's estate, which hasn't been valued yet.
- Harwood Museum of Art: endowments for Taos site and Santa Fe expansion
- Student Emergency Relief Fund: receives contributions
- Programs: nursing, medicine, dental medicine, arts and sciences, graduate studies
It's the second record gift this year. In May, Jim and Gail Ellis pledged $30 million to the business school, which was renamed after them.
$1.2 billionUNM's Accelerate New Mexico fundraising goal
UNM launched the campaign in September to raise money across multiple areas.
Source: Albuquerque Journal
Sources: Albuquerque Journal, KRQE NEWS 13