UNM Announces Record $55 Million Estate Gift

The University of New Mexico announced an anonymous planned estate gift estimated at $55 million, its largest philanthropic commitment to date. Because the gift is a percentage of the donor’s estate, its final value and timing are unknown. The funds are expected to support scholarships, student emergency aid, research, academic programs, clinical training and health care, graduate studies, and the arts, including endowments for the Harwood Museum of Art in Taos and Santa Fe. The commitment follows UNM’s previous record gift, a $30 million pledge to its business school in May.