UMaine passes $150 million fundraising goal

By Judy Harrison, BDN Staff
Posted April 13, 2011, at 6:43 a.m.

ORONO, Maine — The University of Maine has raised more than $150 million from private sources since 2005 — the largest fundraising campaign in the history of Maine’s public universities.

Campaign Maine was launched in 2005 shortly after Robert Kennedy was named UMaine’s president, according to a press release issued Wednesday.

“This is a great UMaine success story,” Kennedy said.  “The generosity of our alumni and friends reflects the pride and enthusiasm that have been so apparent throughout this campaign. The support has been overwhelming since the day we started the campaign, and it is immensely gratifying to consider the permanent impact this effort will have on the university’s academic programs, research enterprise and outreach capacity.”

The current campaign total of $152.3 million includes gifts and documented pledges, according to the press release.

Campaign chairmen Allen and Sally Fernald, prominent UMaine alumni who live in Camden, announced that total Tuesday during a dinner hosted by the UMaine Board of Visitors to honor Kennedy. He will step down as president at the end of June and will be replaced by Paul Ferguson of Southern Illinois University.

The purpose of campaign is to raise private funds to be used to:

At Tuesday’s dinner, UMaine officials praised the institution’s private fundraising partners, which include the University of Maine Alumni Association, the University of Maine Foundation, the 4-H Foundation and the Pulp and Paper Foundation, all of which worked with the university’s development office staff to achieve the milestone, the press release said.

“Campaign Maine will have a long-lasting impact on the University of Maine for a number of reasons,” said James Goff, chairman of the Board of Visitors. “Campaign gifts are already funding scholarships, professorships and campus upgrades helping the university serve its students and its statewide mission. It has also catalyzed cultural and systemic changes that will make ongoing and future fundraising efforts more successful.”

 

http://bangordailynews.com/2011/04/13/news/bangor/umaine-reaches-150-million-fund-raising-goal/ printed on December 18, 2014