What is the Historical Foundation for Southeast New Mexico?
- The Historical Foundation for Southeast New Mexico was incorporated in 1978, originally as Chaves County Historical Foundation.
- From the beginning its sole purpose has been to receive and administer property and funds exlusively for educational and charitable purposes and to make distributions for the operation, maintenance, and preservation of the Historical Center for Southeast New Mexico.
What does the Foundation do?
- Identifies and cultivates donors
- Acknowledges all gifts to the Foundation in an annual report
- Supports the museum in cultivating membership
- Generates publicity to benefit the Foundation, Museum, and Archives
- Promotes planned giving
- Financially supports major repairs to the Museum and Archives
- Manages bequests, memorials, and donor gifts
The Foundation's Financial History
- In 1978 the Historical Society was left $100,000, the Foundation was incorporated and a Board of Trustees was elected by the Society Board to hold and invest gifts, monetary or otherwise. AG Edwards was then appointed to advise the Foundation in choosing sound securities.
- In 1982, with a Fundraising Campaign the Foundation together with the Society raised $154,232 towards financing the construction of a new building north of the Museum to properly store the growing archives and collections. |