New Mexico Tech Foundation
The New Mexico Tech Foundation serves as the philanthropic branch of the university to support the growth and advancement of the Tech community.
In the 1970's, the New Mexico Tech Research Foundation was created to support New Mexico Institute of Mining and Technology (New Mexico Tech) and its students, faculty, and research. Initially the primary focus of the Research Foundation was to handle Intellectual Property (IP) developed by the university's professors and researchers.
New Mexico Tech's most notable invention, so far, is the Nicotine Patch, patented in 1986 by NMT Psychology professor Dr. Frank Etscorn. The profits that the Research Foundation received from this transformative invention have been placed in an endowment, the proceeds of which fund over $700,000 in scholarships for Tech students every year.
In January 2018, under the auspices of NMT President Stephen G. Wells, the Research Foundation Trustees voted to turn over IP responsibilities to the New Mexico Tech Research Corporation and direct the Foundation's attentions exclusively to fundraising. The new mission of the New Mexico Tech Foundation is to raise money to support faculty, students, and research at New Mexico Tech.
The Foundation is a separate 501(c)3 with its own Board of Trustees and three to four board meetings annually.
The mission of the New Mexico Tech Foundation is to serve as the philanthropic branch of the University. Its efforts are focused on raising monies for the students, faculty, and research of New Mexico Tech. Alumni and other friends of the University are critical to the growth and advancement of our esteemed and nationally recognized institution.
The Foundation's mission is also to enhance the Tech community and utilize our relationships with our highly accomplished alumni and friends to leverage more donations to continue the excellence of New Mexico Tech.
2022 990 Form
2021 990 Form
2018 990 Form extended to May 15, 2020
2017 990 Form
2016 990 Form
Name | Bio | Title |
---|---|---|
Clinton Marrs | Managing Partner of Marrs Griebel Law; based in Albuquerque, NM. | President |
Jeff Corey | NMT alum and retired VP of Conoco Phillips. He resides in Houston, TX. | Vice President |
Borden Putnam | NMT alum and currently a director of Skeena Resources and a Principal of Mione Capital, an independent mining consultancy firm that provides technical evaluations and investment advice. Located in the bay area of CA. | Secretary/Treasurer |
Cynthia Ardito | NMT alum; currently Executive Vice President / Principal Hydrogeologist with INTERA, Inc. in Albuquerque, NM. | Trustee |
Jerry Armijo | Attorney with deep roots in Socorro, NM. He is also the Governor-appointed President of the NMT Board of Regents. | Trustee |
William "Bill" Daily | Long-time donor to NMT, he is a business consultant and his wife is a former NMT Regent. Located in Santa Fe, NM. | Trustee |
Joanna DeBrine | Attorney and owner of the Socorro Capitol Bar. Located in Albuquerque, NM. | Trustee |
Dr. Nelia Dunbar | Emerita - Director of the New Mexico Bureau of Geology & Mineral Resources and State Geologist. Alum and long-time supporter of NMT, she resides in Socorro, NM. | Trustee |
Raven Goswick | NMT alum and petroleum engineer who splits her time between Oklahoma and Socorro, NM. | Trustee |
Lisa Noell | Alumna and engineer with Boeing, located in Seattle, WA. | Trustee |
The Honorable Geraldine Rivera | Retired District Court judge for the Second Judicial District of New Mexico, located in Santa Fe, NM. | Trustee |
Mackenzie Best | NMT alum; currently pursuing her Ph.D. at NMT. | Student Trustee |
Dr. Mahyar Amouzegar | President of New Mexico Tech. | Foundation Board |
Dr. Richard Cervantes | VP for Administration & Finance at New Mexico Tech. | Foundation Board |
Colleen Foster | Director, NMT Office for Advancement & Alumni Relations | Executive Director |