There is exciting news if you would like to boost your retirement income and support the University of Maine Foundation. Effective July 1, 2022, charitable gift annuity rates will increase.
The University of Maine celebrated three of its top advocates at the Stillwater Society Dinner May 21. The annual event in Orono honors UMaine’s most generous philanthropists. Currently, there are 1,541 members in the society, including 270 new members inducted and 197 members who advanced in their membership level at the event.
Thanks to the generosity of John M. Nickerson ’59, for the 2022-2023 academic year, Nickerson scholarships are expected to cover the full cost of in-state tuition at the University of Maine for 22 students, with an additional 6 half-scholarships.
University of Maine Foundation President/CEO Jeff Mills recognized with national award for foundation leadership
The President and CEO of the University of Maine Foundation is one of two leaders honored with the national 2022 CASE Commonfund College and University Foundation Award.
Jeffery Mills, Ph.D., President and CEO of the University of Maine Foundation, was recognized for his contributions at the 2022 CASE Conference for College and University Foundations in April.
Highlights from the 2021 Annual Report
Over $30 Million Raised to Bolster Excellence at UMaine
Transformation for UMaine
In October 2020, the Harold Alfond Foundation announced a transformational $240 million grant to the University of Maine System. The grant includes a matching challenge to raise an additional $170 million in other external funding through research grants, public funding and philanthropy. The University of Maine Foundation is spearheading UMaine’s philanthropy efforts in helping to meet the $170 million challenge.
The preliminary investment return for the year ended June 30, 2021 reported by our investment firm, Prime Buchholz, was 32.6%—an all-time record high
Record Number of Giving Society Members
Record High Endowment Total of $444,935,691 (all University of Maine endowment holdings)
Historic Capital Project to be Completed
The Ferland Engineering Education and Design Center construction project is hitting all of its milestones for a 2022 grand opening and dedication.
Jord Thomas proudly wears his UMaine philanthropy cord at commencement in May. Jord participated in Senior Class Giving and was awarded the cord to recognize his philanthropy. He and his family also attended the annual True Blue Toast at Buchanan Alumni House. The...
There is exciting news if you would like to boost your retirement income and support the University of Maine Foundation. Effective July 1, 2022, charitable gift annuity rates will increase. How It Works The concept is simple. You make a donation using cash,...
Celebrating the University of Maine Classes of 1952, 1957, 1962, 1967, 1972, 1977, 1982, 1987, 1992, 1997, 2002, 2007, 2012, 2017 and Senior Alumni
Your gift might qualify for a match from the University of Maine Foundation!
We heard you!
You have been asking us to consider converting our giving timeline from a July 1-June 30 fiscal year to a January 1-December 31 calendar year to match the tax year. Finally, it is going to happen.
The current fiscal year, July 1, 2021-June 30, 2022, will be completed as usual. The next fiscal year will begin on July 1, 2022 and end on December 31, 2022. Then, on January 1, 2023, we will begin on a calendar year cycle.
Thank you for your input and for all that you do for the University of Maine. We will keep you updated throughout the process.
Please contact us if you have any questions.
Marlowe Gardner ’22 is an Earth and Climate Sciences major from Ambler, PA. She was recently awarded support to participate in a field experience in Death Valley from the Edward Sturgis Grew Earth Sciences Endowment Fund. We asked her to tell us about her experience....
"Because of my desire to fit an internship, an Honors Thesis, and a minor on top of my already rigorous major, I plan to continue my college career an extra year. I have often worried about the financial aspect of taking an extra year, but this scholarship has played...
“Without a doubt, this scholarship is a big help and the push I need to reach my goals. Thanks to your generosity, I am one step closer to finding a major I enjoy. I hope that one day I can help future students achieve their goals just like you have helped me reach...