gift

$240M gift to Maine university system the largest ever given to New England public educational institution

The University of Maine System said Wednesday it will receive $240 million from the state’s largest philanthropy, making the public university system the recipient of the largest investment ever made in a public educational institution in New England.

The $240 million gift is the largest one out of $500 million the Harold Alfond Foundation pledged on Tuesday to a variety of higher education and research institutions around the state as part of a long-term initiative to create future jobs and improve Maine people’s skills.

The investment over 12 years will allow the University of Maine System to establish a $75 million College of Engineering, Computing and Information Science that serves multiple campuses in the university system. It will pay for new undergraduate engineering programs at the University of Southern Maine, improvements to the engineering education infrastructure at the University of Maine in Orono and graduate engineering programs offered by USM

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