Foundation Mission & History
The New Mexico Tech Research Foundation exists and operates independently from the Board of Regents of the New Mexico Institute of Mining and Technology (NMIMT). The Foundation's principle and authorized purposes are to compliment, contribute to, support, aid the function of and forward the purpose of NMIMT by providing financial support and contributing services, goods and data that aid NMIMT in carrying out its constitutional and statutory purposes and goals including but not limited to education and research. Among other things the Foundation provides funds, or scholarships for students, for research and for supplemental compensation of NMIMT officers and other employees.
The New Mexico Tech Research Foundation was formed in the 1970's in order to raise and receive monies to help the university carry out research and other activities and so that those monies raised could remain separate from the state.