The University of Maine Foundation has had a record fundraising year, receiving pledges and gifts totally $36.9 million, which is a 115 percent increase from the previous year. The fundraising brought the foundation’s "Vision for Tomorrow" drive to above $160 million.
UMaine Foundation Had Record Fundraising Year In 2018
Foundation Received Gifts And Pledges Totaling $36.9M In The Fiscal Year
ORONO, Maine (AP) — The University of Maine Foundation says it capped a record year for fundraising in fiscal 2018.
University of Maine Foundation president Jeff Mills says the foundation received gifts and pledges totaling $36.9 million in the fiscal year. That number was an increase of 115 percent from the previous year.
The foundation says the fundraising brought its "Vision for Tomorrow" drive over $160 million, which is 80 percent of its goal. The university calls the drive a "comprehensive campaign" to advance the university on the national and international stages and better serve students.
The university says it received the largest capital gift in its history, a $10 million sum supporting the Engineering Education and Design Center.
