The University of Maine Foundation exceeded its $200 million goal by $8 million, according to UMaine President Joan Ferrini-Mundy and University of Maine Foundation President Jeffery N. Mills.
The comprehensive campaign that raised a total of $208,586,510 has four major priority areas — Fostering Student Success, Ensuring Access for All of Maine, Catalyzing Maine’s Economy, and Accelerating Discovery to Impact. Each area received significant investments.
Almost 60% of the funds raised were for student and faculty support.
Highlights include gifts supporting UMaine’s six colleges, athletics, and the University of Maine Alumni Association, over 500 new scholarship funds, and major funding for the new Ferland Engineering Education and Design Center, which is under construction and expected to be open in fall 2022.