News

UNM Policy Office

MSC05 3357
1 University of New Mexico
Albuquerque, NM 87131

Physical Location:
Scholes Hall
114 A and B

Phone: (505) 277-6531

Policy on Affiliated 501(c) Organizations Revised

September 14, 2016

On September 13, 2016, the Board of Regents approved revisions to Regents’ Policy 7.17.  The policy discusses the University’s affiliated organizations and the requirements of a state statute on such organizations.  Consistent with the statute, the University enters into written agreements with its affiliated organizations that are exempt under § 501(c) of the Internal Revenue Code.  

The revisions to the policy:

  • provide an accurate, updated list of the affiliated organizations 
  • clarify that the requirements of the statute pertain to § 501(c) organizations and not to other types of affiliated entities
  • specify whether the affiliated organizations are (i) fundraising organizations or (ii) research park corporations formed under the University Research Park and Economic Development Act