Making a Bequest

Making a Lasting Difference

Your bequest can help ensure New Mexico Tech's future. It can also offer practical advantages to you and your heirs, among them that charitable gifts are 100 percent deductible from your taxable estate.

You can make an unrestricted gift that offers New Mexico Tech the flexibility to use your funding where it is needed most. Almost half of the bequests received by New Mexico Tech are unrestricted.  The Office for Advancement would also be delighted to help you create a bequest for a purpose close to your heart on campus.

Specific Bequest
A specific bequest directs a dollar amount or particular assets such as securities, real estate, or tangible personal property (works of art or rare books) to New Mexico Tech. The Office for Advancment can help you determine whether the University would be able to accept your gifts of real estate or tangible personabl property.

Residuary Bequest
Through a residuary bequest, New Mexico Tech receives all or a percentage or the remainder of the estate after specific amounts bequeathed to other beneficiaries have been distributed and estate-related expenses have been paid.

Testamentary Trust
A testamentary charitable remainder trust is created through a will and can provide income for a family member or friend. New Mexico Tech receives the remainder after a specified number of years or after the trust beneficiary dies. Alternatively, by providing payments first to New Mexico Tech for a number of years, a testamentary lead trust can be used to pass assets to heirs with significant tax advantages to the estate.

We encourage you to contact the Office for Advancement at 575-835-5616 or as a first step. We can help you explore how you can accomplish your bequest intentions for New Mexico Tech through gifts of any amount in preparation for a meeting with your attorney or tax advisor.