Why give to the CNM Foundation?
The CNM Foundation is committed to the principle that no student should be denied the opportunity for an education due solely to a lack of financial resources. Yet, CNM has a higher percentage of students with financial need than any other New Mexico colleges.
Although the college receives federal and state financial assistance, these funds do not meet the vast need of financial assistance for CNM students to improve their lives through higher education. Especially during these economic times, CNM's students must balance the cost of an education with living necessities - shelter, food, and clothing.
How to establish a Scholarship at CNM
An Endowed Scholarship
For a scholarship to have a lasting impact on CNM students, a permanent scholarship fund is established with a minimum amount of $2,000 to begin funding a $10,000 endowment. Once endowed, the principle produces permanent scholarship support on an annual basis. Earnings should accumulate for at least one year before awards are made. Donors have up to three years to reach minimum endowment level and work with the CNM Foundation to determine criteria and naming of the scholarship. Endowed funds continue to provide support for our students.
Support an Existing CNM Scholarship
In addition to establishing an endowed scholarship you may also contribute to one of the following scholarships that support student success. Donations of any amount may be contributed.
The Rust Opportunity Assistance Scholarship
Established by Jack and Donna Rust in 2005, this scholarship helps students meet unforeseen personal difficulties that impose financial problems such as helping to pay for childcare or vehicle repair to prevent a student from dropping out. With this type of non-traditional scholarship assistance, our students are more likely to achieve their educational goals.
The CNM Annual Fund
The CNM Annual Fund provides "dollars where needed most." Whether through direct support of students, faculty development or program support, these donations help the College meet its mission of pursuing a level of community college excellence that is worthy of local and national recognition.
Donations of any size can be contributed to funds still seeking full endowment.
Ways to Give
Your gift to the CNM Foundation will support our work today and our mission in the years to come. We invite you to consider some of the following giving opportunities. The following are ways that you can make a gift to the CNM Foundation. We thank you for your generosity and your gift will be acknowledged for your tax records.
Gifts of Cash
As gift of cash is the most common and one of the easiest ways to support the CNM Foundation. You can make a gift by sending a check or if you are a CNM employee, you can give through payroll deduction.
Make your check payable to the CNM Foundation, designated for the appropriate purpose and mail to:
CNM Foundation525 Buena Vista SE
Albuquerque, NM 87106
Matching Gifts
Many national and local corporations will match their employees' gifts to the CNM Foundation dollar-for-dollar, doubling the power of your gift.
A Gift in Memory or in Honor
Honor someone special or recognize an important event or date with a memorial or commemorative gift.
Gifts of Stock or Securities
Often a gift can be made with little more than a phone call to your stockbroker.
Wills and Bequests
Leave a legacy or bequest for the CNM Foundation in your will.
Life Insurance
If you have a life insurance policy that you no longer need, consider using it to support student success at CNM. Simply designate the CNM Foundation as the beneficiary of the policy.
Gifts of Equipment and Materials
Equipment or materials in good condition can be used in the classroom or other program support and is invaluable to the success of CNM.
If you have any questions about making a gift to the CNM Foundation, we will be pleased to assist you. Please call us at (505) 224-4685.
