2024 Annual Report

The University of Maine Foundation’s annual publication is available now.

UMaine Foundation receives $1 Million for Agnes Ann Walsh '41 Chair

Legacy gifts of the Class of 1941 alumna include the Walsh Chair and a scholarship fund for students majoring in romance languages.

$1 Million gift will ensure more engineering scholarships for Skowhegan Area High School Students

E. James “Jim” Ferland ’64 and Eileen P. Ferland have boosted scholarship support available to SAHS students, with the fund now totalling $2.2 million.

Tonda L. Olson Gateways to Student Success Fund

MATCHING GIFT PROGRAM

Graphic about individual retirement accounts

Ways to Use Your IRA for Good

Contribute Now – If you are 70 1/2 or older, you can make charitable gifts directly from your IRA and avoid paying taxes on these distributions. If you would like to support UMaine and save taxes on your RMDs, ask us or your IRA custodian about making qualified distributions from your IRA.

Give Later – Many UMaine supporters have named the University of Maine Foundation as a beneficiary of an IRA or other retirement plan. This is simple to do and can often be done online. It can also save significant taxes.

Annual Report 2024

Cultivating Opportunities, Inspiring Innovation and Upholding the Legacy

As we celebrate the 90th anniversary of the University of Maine Foundation, we reflect on a legacy built upon the pillars of tradition, innovation and scholarship. This year’s annual report is a testament to the unwavering commitment of our donors, academic partners and staff to fostering support for our beloved institution. Together, we continue to cultivate opportunities through scholarships, inspire innovation and uphold the legacy of excellence at the University of Maine.

$95m Record-breaking FY24 fundraising

Over 400% increase in annual fundraising since 2016

Endowment at a record- high half a billion dollars, $511,000,000

Completing our 90th year of service to UMaine donors

News

Abby Cadorette

Abby Cadorette

Abby Cadorette, a Senior Ecology and Environmental Science major at UMaine, is grateful for the scholarships that have helped her during her time at UMaine. She explained that “[My scholarships] alleviated the stress of covering college costs, and has allowed me to...

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Ross Sousa

Ross Sousa

While working part-time on farms and in greenhouses, University of Maine senior Ross Sousa of Somerset, Massachusetts learned firsthand how disease can ruin crops. Memories of farmers’ plight, combined with a passion for plant pathology and finding more sustainable...

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Crispin Kamundala

Crispin Kamundala

Our student gratitude story this week features Crispin Kamundala, a 4th-year political science student with a double minor in legal studies and foreign affairs. He received the John M. Nickerson scholarship. The John Mitchell Nickerson University of Maine Memorial...

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Chanthu Millay

Chanthu Millay

Chanthu Millay’s art is raw and intimate: a technicolor self-portrait in painstaking detail, a metal sculpture comprised of pieces of her old prosthetic leg, a ceramic sculpture depicting the emotions she experienced as her family’s lone survivor of the violent Khmer...

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Gifts in Memory

Any gift you make may be in honor or in memory of someone. Specific people being honored with memorial gifts are listed on the gifts in memory page.

To set up memorial giving please visit the create a memorial giving opportunity page.

Legacies 2024 Cover
2022 Annual Report

Black Bear License plate voucher

Find out how you can get your first year with your State of Maine Black Bear license plate for free!

Maine Magazine Cover