» Give to Enhance the Future at NMMI
The NMMI programs and Corps of Cadets are enhanced with each gift received by the NMMI Foundation.
In FY 2020-2021, the NMMI Foundation provided over $1.8 million in support to New Mexico Military Institute. The support provided funds for scholarships, cadet activities, leadership operations, academic programs, athletic programs, professorships, and staff and faculty programs.
Cash gifts can generally be deducted up to 50% of your adjusted gross income. For example, a $10,000 cash gift in a 28% tax bracket could save you $2,800 in taxes.
With each gift, regardless the amount, you choose the program to support and how you want to make your gift. Support your passion now by donating online, or choose one of the following options:
Make checks payable to the “NMMI Foundation”, write the fund you wish to support in the memo line, and send to:
NMMI Foundation, Inc.
101 West College Boulevard
Roswell, NM 82801
To provide instructions about honoring someone with your gift, print the NMMI Foundation Donor Form and mail it with your gift.
Call the NMMI Foundation at 575-624-8035 and we will help process your credit card gift. You can make a gift by using your Visa, American Express, Discover Card or MasterCard.
If you would like to deliver your gift personally, the NMMI Foundation Office is located in Luna Hall, Room 159. The office hours are Monday – Friday, 7:30 a.m. – 12:00 p.m. and 1:00 p.m. – 4:30 p.m. (excluding holidays).
It takes just a few minutes to launch a recurring gift in which automatic monthly payments are charged to your credit card through PayPal.
New Mexico Military Institute employees can provide support to the fund(s) of your choice through payroll deduction. To setup a payroll deduction, email the NMMI Payroll Clerk.
Many employers offer gift matching programs that can double or even triple the impact of your gift. Contact your company’s personnel department for more information about their matching gift program and to obtain a matching gift form.
CD’s, Checking and Savings Accounts, Brokerage Accounts
With Payable on Death (P.O.D.) provisions, these types of gifts enable you to retain full ownership and control during your life. Upon your death, the account balance is paid to the NMMI Foundation immediately and without probate.
Gifts of Stock / Transfer of Securities / Bonds
Appreciated stock you have held for more than one year makes an excellent gift. Generally, you can receive a tax deduction for the full market value up to 30% of your adjusted gross income and avoid capital gains taxes.
Bonds and mutual funds are similar to cash in their tax treatment with a tax deduction for the full value of the gift. State, Municipal and U. S. Government Bonds are welcome.
Your wise market investment is a wonderful gift to the NMMI Foundation. By donating appreciated stock, you can avoid long-term capital gains tax and deduct the full market value on your tax return. For assistance with making this type of gift, contact the NMMI Foundation by calling 575-624-8035.
For more information about making a gift via a wire transfer, contact the NMMI Foundation by calling 575-624-8035.
A cash pledge over a period of years is not deductible until you actually pay. For example, a $30,000 cash gift pledged over three years ($10,000 paid each year) in a 28% tax bracket could save you $2,800 in taxes in each of the three years.