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Higher EdThursday, November 12

UNM receives an estimated $55 million from an anonymous donor's estate, its largest gift ever

The Today in Santa Fe teamFrom today’s edition · 1 min read · 2 sources

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For the second time this year, the University of New Mexico has received its largest donation in history. The last record came in May, when Jim and Gail Ellis pledged $30 million to the business school, which was renamed after them.

UNM's largest gift ever tops the one it got in May

Source: Albuquerque Journal

View as table
Value
Anonymous estate gift (estimated)$55 million
Ellis gift (May)$30 million
  • Pays for: scholarships, research, clinical training, residencies and travel
  • Programs: arts and sciences, nursing, medicine, dental medicine, graduate studies
  • Also: the Student Emergency Relief Fund
  • Endowments: in Taos and its Santa Fe expansion

The money comes from the estate of a living person, so there's no telling when UNM will get it or exactly how much, said Jeff Todd, CEO of the UNM Foundation. The school launched its Accelerate New Mexico campaign in September.

$1.2 billionUNM's goal for its Accelerate New Mexico campaign

The school plans to raise the money across multiple areas.

Want to see art close to home? The New Mexican's Pasa Plus roundup lists music performances, exhibition openings and a book talk this weekend in Santa Fe.

Sources: Albuquerque Journal, Santa Fe New Mexican

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