Foundation awards $10.85M to college, academy

Posted Jan. 31, 2012, at 5:24 p.m.

AUGUSTA, Maine — The Harold Alfond Foundation announced on Jan. 23 that it awarded a $10.85 million gift to the Maine Community College System and to the Good Will-Hinckley school in Hinckley.

The gift will enable the Maine Community College System to expand the capacity of Kennebec Valley Community College in Fairfield by an additional 1,500 to 2,000 students through the purchase of 600 acres and 13 buildings at Good Will-Hinckley.

By assisting the Maine Community College System in purchasing the property, the gift will help Good Will-Hinckley reopen and support its new Maine Academy of Natural Sciences, a magnet high school offering residential and day programs focused on agriculture, sustainability, forestry and environmental studies.

In addition, Maine lawmakers appropriated $750,000 to the Maine Community College System to support annual operating costs at the new campus, and $530,000 annually to Good Will-Hinckley to fund operating costs for the academy’s residential program.

“Harold Alfond dreamed bigger than most of us, and through his foundation his big dreams continue with this remarkable gift to the people of Maine,” said Maine Community College System President John Fitzsimmons in expressing his appreciation for the gift. “This investment will create a new college campus and will mean that 1,500 to 2,000 more Maine people have access to a college education. It is a gift that will transform the lives of generations of Maine people.”

Of the $10.85 million Harold Alfond Foundation gift, $8.35 million will be awarded to the Maine Community College System for capital improvements to the new Kennebec Valley Community College campus, including $5 million to construct a new wing on the Averill-Alfond school and $3.35 million for campus upgrades and infrastructure. In addition, $1 million will be directed to the MCCS in support of its $4 million acquisition of the land and property at Good Will-Hinckley. The balance of the gift — $1.5 million — will be allocated to Good Will-Hinckley to support school operations and the school’s needs in the future, including the funding of scholarships. A critical part of completing the transaction was a gift of $2.5 million from the newly formed Foundation for Maine’s Community Colleges.

For information about the Harold Alfond Foundation, contact Greg Powell at 828-7999 or gpowell@dexterenterprisesinc.com.

http://bangordailynews.com/2012/01/31/living/positively-maine/foundation-awards-10-85m-to-college-academy/ printed on July 10, 2014