In an announcement made on Wednesday morning by the University of Maine, the school said they have received one of the largest gift donations to an athletics department. The Harold Alfond Foundation has committed $90 million dollars to help the University Athletics Department in maintaining and upgrading facilities, maintaining excellence, and benefiting all students and people throughout Maine.
The gift donation to the Athletics Department will be distributed over the next 10 years. The overall donation equals $240 million to the University of Maine system as a whole, with matching funds that will equal up to $410 million that makes it the largest ever at a New England public institute, and also the eighth largest at any U.S. Institute of higher learning. Below you can read the press releases from the University of Maine, University of Maine System, and from the Harold Alfond Foundation-
