2025-05-15T16:29:25-05:00 2024-06-30 994625061 CRI ADVISORS LLC 2424 LOUISIANA BLVD NE STE 300 ALBUQUERQUE NM 87110 990 2023-07-01 750121368 NEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION INC NEWM 5054543039 BOX 9000 LAS VEGAS NM 87701 PAUL GRINDSTAFF INTERIM EXECUTIVE DIRECTOR 5054543039 2025-05-14 1 1 ALYSON NOELL P01752571 5058832727 2025-05-14 2023 2025-03-06 01:10:19Z PAUL GRINDSTAFF BOX 9000 LAS VEGAS NM 87701 2030787 0 X WWW.NMHUFOUNDATION.ORG X 1984 NM TO SUPPORT STUDENTS OF THE UNIVERSITY AND SUPPORT THE NM HIGHLANDS UNIVERSITY AS A WHOLE THROUGH THE ACQUISITION, DEVELOPMENT, AND ADMINISTRATION OF FINANCIAL AND OTHER RESOURCES. 14 14 0 24 0 0 1200670 1382885 233123 0 1868751 520018 8150 -26993 3310694 1875910 1271644 1059423 0 0 0 0 0 0 0 320937 432389 1592581 1491812 1718113 384098 22544225 24898809 3621718 4656070 18922507 20242739 X THE MISSION OF THE NEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION IS TO PROVIDE SUPPORT TO BENEFIT STUDENTS OF THE UNIVERSITY AND THE UNIVERSITY AS A WHOLE THROUGH THE ACQUISITION, DEVELOPMENT, AND ADMINISTRATION OF FINANCIAL AND OTHER RESOURCES. 0 1 256453 256453 THE FOUNDATION PROVIDES SCHOLARSHIP AWARDS AND RESEARCH GRANTS TO STUDENTS ATTENDING NEW MEXICO HIGHLANDS UNIVERSITY. 820217 802970 26147 THE FOUNDATION SOLICITS, RECEIVES AND MANAGES FUNDS CONTRIBUTED BY INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND OTHERS FOR THE BENEFIT OF NEW MEXICO HIGHLANDS UNIVERSITY, ITS FACULTY, AND ITS STUDENTS. 1076670 1 1 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 41 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NM X X THE ORGANIZATION 5054543278 BOX 9000 LAS VEGAS NM 87701 X VINCE MARCHI PRESIDENT 5.00 X X 0 0 0 DR PAUL GRINDSTAFF VICE PRESIDENT 1.00 X X 0 0 0 VIOLA MARTINEZ SECRETARY 1.00 X X 0 0 0 FELICIA ORTIZ TREASURER 1.00 X X 0 0 0 SHARI JONES DIRECTOR 1.00 X 0 0 0 DR JAMES ABREU DIRECTOR 1.00 X 0 0 0 TINA M CORDOVA DIRECTOR 1.00 X 0 0 0 JAN DENTON DIRECTOR 1.00 X 0 0 0 PAUL CASSIDY DIRECTOR 1.00 X 0 0 0 ROMAN ROMERO DIRECTOR 1.00 X 0 0 0 LOUELLA-MARR MONTOYA DIRECTOR 1.00 X 0 0 0 JEANNAE LEGER DIRECTOR 1.00 X 0 0 0 VICTORIA SANCHEZ DIRECTOR 1.00 X 0 0 0 DR PAULINE RINDONE DIRECTOR 1.00 X 0 0 0 THERESA LAW EXECUTIVE VP/DIR 20.00 X 0 0 0 0 0 0 0 0 0 1 0 3160 1379725 259869 1382885 525492 525492 2126 7600 -5474 -5474 -5474 94137 147277 -53140 -53140 OTHER MISCELLANEOUS RE 611710 26147 26147 26147 1875910 26147 0 466878 X 1059423 1059423 59879 59879 103914 103914 169318 14099 155219 53599 53599 15662 15662 5001 3148 1853 21514 21514 OTHER/MISC. EXPENSE 3502 3502 1491812 1076670 415142 0 1141777 1022589 1000000 1000000 4237 14270 3154206 2663890 4606 12159 283959 237390 283959 676899 676899 16325110 19225043 22544225 24898809 33654 294381 556554 464473 3031510 3897216 3621718 4656070 X 9713256 9309333 9209251 10933406 18922507 20242739 22544225 24898809 384098 936134 0 X X 0 1 X 1 0 X 1431200 1745124 1034483 1200670 1382885 6794362 205255 180633 244127 497414 607396 1734825 1636455 1925757 1278610 1698084 1990281 8529187 613650 7915537 250038 205846 269856 352485 525492 1603717 5402 18580 23982 10156886 1138647 0.77930 0.77300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 3031410 992804 126999 3897215 1 X 10374326 1324272 1858891 274272 119283 12698 13151236 9292702 328358 989175 112953 112621 10335 10374326 11246139 838895 -1891623 211631 676899 12179 9292702 8880558 101896 2532039 151406 103627 13321 11246139 8551283 525447 101153 140411 89019 67895 8880558 1.00000 0 0 283959 283959 283959 ARTWORK 5277294 NMB&T - RESTRICTED 1153446 NMB&T - ENDOWMENT 12794303 19225043 ASSETS IN TRUST FOR OTHERS 3897216 3897216 3468520 936134 607396 139471 1683001 1785519 90391 90391 1875910 2148288 607396 139471 746867 1401421 90391 90391 1491812 PART III, LINE 4: THE DR. BELL & TALBOT PRINT COLLECTION IS A WIDE-RANGING COLLECTION OF ART AND PRINTS FROM BOTH WELL-KNOWN AND EMERGING ARTISTS. THE COLLECTION ALLOWS THE ORGANIZATION TO EXHIBIT THIS ARTWORK TO THE UNVERSITY STUDENT BODY, PROVIDE THE BASIS FOR AN ON-GOING LECTURE SERIES, AND FURTHER DEVELOP THE ORGANIZATION'S CULTURAL ASSETS NECESSARY AS AN INSTITUTION OF HIGHER EDUCATION. IN ADDITION TO THE DR. BELL & TALBOT COLLECTION, THE ORGANIZATION HAS RECEIVED ARTWORK FROM OTHER DONORS THAT CONTRIBUTE TO ITS CULTURAL ASSETS AND ARE EXHIBITED. PART IV, LINE 1B: THE ORGANIZATION HOLDS ENDOWMENT FUNDS SPECIFICALLY MARKED FOR USE BY NEW MEXICO HIGHLANDS UNIVERSITY (NMHU) - ADDITIONS ARE COMPRISED OF EARNINGS AND INVESTMENT APPRECIATION/DEPRECIATION AND DISTRIBUTIONS REPRESENT AMOUNTS GIVEN TO NMHU FOR ITS SCHOLARSHIP FUND. PART IV, LINE 2B: THE ORGANIZATION HOLDS ENDOWMENT FUNDS SPECIFICALLY MARKED FOR USE BY NEW MEXICO HIGHLANDS UNIVERSITY (NMHU) - ADDITIONS ARE COMPRISED OF EARNINGS AND INVESTMENT APPRECIATION/DEPRECIATION AND DISTRIBUTIONS REPRESENT AMOUNTS GIVEN TO NMHU FOR ITS SCHOLARSHIP FUND. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUND IS USED TO PROVIDE SCHOLARSHIPS TO STUDENTS AND PROMOTE FACULTY ADVANCEMENT AND UNIVERSITY SUPPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSED DIRECT FUNDRAISING EXPENSES 139,471. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSED DIRECT FUNDRAISING EXPENSES 139,471. BANQUET & OTHER EVENTS 94137 94137 58968 88309 94137 94137 58968 88309 147277 -53140 1 NEW MEXICO HIGHLANDS UNIVERSITY PO BOX 9000 LAS VEGAS NM 87701 750121368 256453 0 SCHOLARSHIPS AND RESEARCH GRANTS FOR STUDENTS NEW MEXICO HIGHLANDS UNIVERSITY PO BOX 9000 LAS VEGAS NM 87701 750121368 515221 0 OTHER UNIVERSITY SUPPORT NEW MEXICO HIGHLANDS UNIVERSITY PO BOX 9000 LAS VEGAS NM 87701 750121368 287749 0 GRANT FULFILLMENT CONTRACT SVCS EXPENDITURES 1 PART I, LINE 2: THE FOUNDATION SENDS A LIST OF SCHOLARSHIP ALLOCATIONS TO THE UNIVERSITY WHICH THE UNIVERSITY USES TO DETERMINE ELIGIBILITY FOR THE AWARDS. ONCE THE AWARDS ARE MADE, AN INVOICE IS SENT TO THE FOUNDATION THAT IS RECONCILED TO THE ORIGINAL ALLOCATION BEFORE PAYMENT IS MADE. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, LINE 5 EXPLANATION: THE ORGANIZATION'S EXECUTIVE DIRECTOR IS PAID BY NEW MEXICO HIGHLANDS UNIVERSITY (NMHU), AN UNRELATED ENTITY. THE AMOUNT OF COMPENSATION PAID TO HER BY NMHU FOR HER SERVICES TO THE ORGANIZATION FOR THE CALENDAR YEAR WAS $98,161. X 4 213300 COMPARABLE SALES X 1 46569 ASSESSOR NOTICE OF VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION HAS A GIFT ACCEPTANCE POLICY, WHICH COVERS THE CONDITIONS, CRITERIA, AND PROCESS FOR ACCEPTANCE OF NON-CASH AND NONSTANDARD CONTRIBUTIONS. THE FOUNDATION'S EXECUTIVE DIRECTOR MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS, WHICH THEN MAKES THE FINAL DETERMINATION AS TO ACCEPTANCE OF GIFTS. FORM 990, PART III, LINE 3 SINCE THE BUILDING THE ORGANIZATION WAS USING TO RENT TO THE UNIVERSITY'S RIO RANCHO, NM CAMPUS WAS SOLD IN THE PRIOR FISCAL YEAR, THE ORGANIZATION WILL NO LONGER RECEIVE PROGRAM LEASE INCOME. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE FINANCE OFFICER AND EXECUTIVE DIRECTOR. THE FULL BOARD IS THEN PROVIDED THE FORM 990 TO REVIEW . FORM 990, PART VI, SECTION B, LINE 12C EXISTENCE OF ANY CONFLICTS OF INTEREST SHALL BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMATED. IT SHALL BE THE CONTINUING RESPONSIBLITY OF THE BOARD, OFFICERS, ADN MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIP FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. THIS PROCESS IS CONDUCTED AT LEAST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO EMPLOYEES. THE EXECUTIVE DIRECTOR AND OTHERS WHO WORK FOR THE ORGANIZATION ARE HIRED BY, AND ARE PAID BY, THE NEW MEXICO HIGHLANDS UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1023 AND 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTS/SERVICES RENDERED: PROGRAM SERVICE EXPENSES 14,099. MANAGEMENT AND GENERAL EXPENSES 106,344. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 120,443. PROFESSIONAL FEES / CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 48,875. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,875. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT PROCESS AND SELECTION OF THE INDEPENDENT ACCOUNTANT IS MADE BY THE NM HIGHLANDS UNIVERSITY BOARD. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.