Ferland Engineering Education and Design Center opens at UMaine to address student demand, employer needs

Ferland Engineering Education and Design Center opens at UMaine to address student demand, employer needs

Ferland Center Opening

The Ferland’s gift in 2018 was an important catalyst for the center funding, said University of Maine Foundation President Jeff Mills.

“Their generosity and vision inspired others which led us to the finish line for completing this state-of-the-art center,” Jeff Mills said.

With the grand opening of the E. James and Eileen P. Ferland Engineering Education and Design Center (Ferland EEDC) at the University of Maine, a new chapter begins in engineering education to better meet the needs of students and employers, including the innovation to advance research and economic development.

Upward of 500 people from throughout the state attended the grand opening ceremony for Ferland EEDC on Aug. 24. The late-morning program was followed by a ribbon-cutting and an open house with students and faculty greeting guests on the three floors of the $78 million facility — the largest project of its kind in UMaine history, made possible with the support from more than 500 donors and a $50 million investment from the state of Maine.

A recording of the event livestream is online.

Ferland EEDC is home to the Department of Mechanical Engineering and the Biomedical Engineering Program, and includes teaching laboratories for the Mechanical Engineering Technology Program. 

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None of the information on this website should be considered legal or financial advice. We encourage you to consult with your own legal counsel or financial/tax advisor before deciding whether or not to proceed with a gift or change to your estate plan.

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MBA Graduate Gives Back

MBA Graduate Gives Back

Jord Thomas

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 toast celebrates class members who give back to support UMaine.

Why would a 57-year-old who lives in Escondido, California, decide to earn his MBA from the University of Maine? A sense of community, history, and flexibility.
 
Jord Thomas, ‘G22, had hit a wall promotion-wise at his job. He works as a production operations supervisor at a recovery firm serving major banks and vehicle manufacturers. He earned his bachelor’s degree in Business Administration and Information Systems from San Diego State University in 2003 and started thinking about earning his MBA. But life, however, got in the way. He continued to learn through workshops and seminars, even teaching himself to program in C#. “Work became more challenging,” Jord says. “So I started thinking about my options.”
 
His options brought him across the country to the East Coast. Born in New York City, Jord is an enrolled member of the Penobscot Nation. “On one of my visits to Maine to visit my father, I scouted out the UMaine campus for possible degree programs for my daughter, Megan,” he says. By the time he was ready to enroll in an MBA program in 2019, the online MaineMBA was waiting for him. “The program’s reputation and rankings, and knowing the University of Maine is just minutes away from my tribe on Indian Island, factored into my decision to enroll.”

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None of the information on this website should be considered legal or financial advice. We encourage you to consult with your own legal counsel or financial/tax advisor before deciding whether or not to proceed with a gift or change to your estate plan.

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Charitable Gift Annuity Rates on the Rise—Don’t Miss This Opportunity to Make a Difference

Charitable Gift Annuity Rates on the Rise—Don’t Miss This Opportunity to Make a Difference

Gift annuity rate chart

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, marketable securities or other assets, and we, in turn, pay you, and another person if you choose, a fixed amount for life. With this type of gift, you can feel secure knowing you can count on receiving stable payments for as long as you live, despite market fluctuations. And now, if you make your gift on or after July 1, the gift annuity rates will be an estimated 0.4% to 0.6% higher than they are now.

Here’s an Example of How You May Benefit 

Under the current rate schedule, Mary, 79, transfers $25,000 in exchange for a charitable gift annuity. She will receive annual payments of $1,550, a rate of 6.2%. Instead, if Mary waits to make her gift on or after the new rate schedule is in place on July 1, the same gift amount will provide $1,700 in annual payments, reflecting a 6.8%. rate. That’s a payout rate increase of 0.6%.

In addition to the opportunity to increase your retirement income as you endow support for what means the most to you at the University of Maine, gift annuities can offer you numerous tax benefits, including: 

  • A partial income tax charitable deduction for your gift when you itemize.
  • Part of each payment is income tax-free throughout your estimated life expectancy. 
  • Capital gains tax savings on appreciated property you donate.

The Foundation does not offer gift annuities in all states, but we would be happy to send you a free, no-obligation illustration showing you the benefits of a gift annuity, including your potential income tax charitable deduction and our annual payments to you for life. 

 

None of the information on this website should be considered legal or financial advice. We encourage you to consult with your own legal counsel or financial/tax advisor before deciding whether or not to proceed with a gift or change to your estate plan.

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Professor Nickerson Scholarships Increase With Endowment Growth

Professor Nickerson Scholarships Increase With Endowment Growth

Professor Nickerson

 

A TRUE LEGACY. Thanks to the generosity of Professor 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. This past spring, following the continued growth of the endowed Nickerson fund, an additional 18 one-time $2,000 awards were made by the Department to Political Science majors. One of the most transformational gifts ever made to the UMaine Political Science Department, John Nickerson’s philanthropic investment serves as a lasting legacy as we approach a decade since the fund was established.

Established in 2014 with a bequest from its namesake, the John Mitchell Nickerson University of Maine Memorial Scholarship Fund provides merit-based scholarships for juniors and seniors majoring in the Department who are residents of the State of Maine, “who have demonstrated scholarship of the highest order, and who have the greatest potential to serve the public unselfishly,” criteria set by Prof. Nickerson.

 

None of the information on this website should be considered legal or financial advice. We encourage you to consult with your own legal counsel or financial/tax advisor before deciding whether or not to proceed with a gift or change to your estate plan.

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Three of UMaine’s best advocates honored at Stillwater Society Dinner

Three of UMaine’s best advocates honored at Stillwater Society Dinner

2022 Stillwater Society Awardees

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. 

“The Stillwater Awards honor those who have consistently demonstrated philanthropic leadership and dedicated service on behalf of the University of Maine,” said UMaine President Joan Ferrini-Mundy. “This year’s honorees — alumni Matthew Rodrigue and Trish Riley, and longtime College of Engineering Dean Dana Humphrey — are among our staunchest champions of student success and the importance of a research university to Maine and beyond. We appreciate their vision and commitment to our R1 university and tomorrow’s leaders.”

Those honored, also Stillwater Society members, were alumni Matt Rodrigue and Trish Riley, and Dean Dana Humphrey. 

Rodrigue grew up in Wilton, Maine, where he was a standout runner and valedictorian of the Mt. Blue High School Class of 2000. As a student at UMaine, Rodrigue participated in varsity cross country, Student Government and Sigma Phi Epsilon fraternity. He also served as the Student Trustee for the University of Maine System and was a Senior Skull. Rodrigue has served four terms on the Board of Visitors. He is an Incorporator of the University of Maine Foundation, where he is currently a member of the Investment Committee. He also co-chairs the UMaine 2025 Commission, and he remains an active volunteer with Sigma Phi Epsilon. 

Riley from Brunswick was active in Student Government and was elected the first woman Student Government president. She served as a student representative to the Faculty Senate and on the first Task Force on the Status of Women, chaired by her mentor English professor Constance Carlson. A member of Pi Beta Phi, she also was active in the women’s movement, leading the first women’s symposium and working with community members to launch a day care center on campus. She also worked to gain students the right to vote in their college town. She has served as president of the Alumni Association, chaired the Board of Visitors and served on the UMaine Foundation Board of Directors. Presently she serves on the UMS Board of Trustees. Riley holds a bachelor’s degree and a master’s degree from UMaine.

Humphrey from Palmyra taught early in his career while doing research for the Maine Department of Transportation. He became a pioneer in using cut-up pieces of scrap tires, which he called tire derived aggregate (TDA), as fill for highways and bridge abutments. Over the years, he did projects coast to coast in the U.S., and consulted on projects in Canada, Australia, Hong Kong and Europe. In 1994, his accomplishments were recognized when he was named the Distinguished Maine Professor and the Carnegie Foundation Maine Professor of the Year. He served as chair of Civil Engineering, chair of UMaine’s 150th Anniversary Celebration, lead for formation of the Maine College of Engineering, Computing, and Information Science, and, for the last 16 years, as dean of the UMaine College of Engineering. Under his leadership, the college’s enrollment has grown over 70% and annual research awards now top $30 million. He oversaw the fundraising, planning and construction for the $78 million Ferland Engineering Education and Design Center that will open in August 2022. He also serves on the review committee of the Alfond Leaders Student Debt Reduction Program. For this work, he was honored as the inaugural Kenneth Warren Saunders and Henry W. Saunders Professor of Engineering Leadership and Management.

University of Maine Foundation President Jeff Mills, who emceed the event, noted, “It is a pleasure to celebrate those who give so much back to UMaine and this is our opportunity to thank them. We never want anyone to think that this extraordinary service is taken for granted.”

Guests were entertained by UMaine School of Performing Arts faculty and recent alumni who wrote and performed a parody song to honor each awardee. 

​​The Stillwater Society was created in 2000 to recognize people who have consistently demonstrated philanthropic leadership, loyalty and dedicated service on the university’s behalf. The awards are presented semi-annually at the Stillwater Society dinner.

None of the information on this website should be considered legal or financial advice. We encourage you to consult with your own legal counsel or financial/tax advisor before deciding whether or not to proceed with a gift or change to your estate plan.

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Maine Day of Giving celebrates philanthropy as service on April 27

Maine Day of Giving celebrates philanthropy as service on April 27

Maine Day of Giving 2022

Maine Day of Giving on April 27, the time when University of Maine alumni and friends near and far unite in support of the College of Our Hearts Always as a way to participate in the traditional annual Maine Day of service, is setting fundraising records.

More than $2.5 million in donations lead off this year’s Maine Day of Giving, which includes multiple matching gift opportunities and new crowdfunding initiatives. 

Maine Day of Giving, established in 2016, also highlights UMaine’s Employee Giving Campaign, which is spotlighted annually in April. 

In addition, the annual Senior Class Giving campaign concludes for the Class of 2022 on Maine Day of Giving. Seniors who make gifts of $20.22 or more receive philanthropy cords and pins to wear at graduation, and become members of UMaine’s Loyal M giving society. This year’s effort, led by UMaine Class of 2022 Valedictorian Dominique DiSpirito has already exceeded 2019 Senior Class Giving. 

UMaine’s crowdfunding website, Fill the Steins, will include a dozen featured funds and projects for donors to select from beyond the hundreds of other regular giving options available. Among those featured this year is the newly established Higher Education Relief Fund. Inspired by the recent crisis in Ukraine, the Higher Education Relief Fund will be used to provide financial support for students and faculty who are impacted by environmental, political, or global crises as they are pursuing or hope to pursue scholarship at the University of Maine. 

Two of the featured projects include matching gift opportunities. The faculty and staff of the College of Education will match gifts 1:1 up to $5,000. Gifts to support the Witter Farm Teaching and Research Fund will be matched 1:1 up to $2,000 by two anonymous donors in the College of Natural Sciences, Forestry, and Agriculture. 

Three supporters of UMaine’s Cooperative Extension have agreed to make a gift of $1,100 if the Master Gardner fund receives 100 gifts. 

Sports Band alumni Scott Lerman ’02 and Roger Grout ’76 are offering $1,000 if 50 individuals make gifts to support the crowd funding campaign to raise $3,000 to replace two much-needed tenor saxophones. 

UMaine Athletics will launch its first text-to-donate campaign for each sport. All donations to teams are also matched 1:1 with gifts to the Alfond Fund by the Harold Alfond Foundation. Coach Amy Vachon challenges team alumnae and fans to make gifts of any amount to support the women’s basketball team, and she will personally match donations up to $10,000.

University of Maine Foundation President Jeffery Mills also announced the receipt of several lead gifts to support Maine Day of Giving. 

A $1.2 million gift from alumnus Norman Stetson ’62 of Lexington, Massachusetts will benefit the University of Maine through the Carleton M. Brown Scholarship, the Norman B. Stetson ’62 Professorship in Electrical and Computer Engineering, the Norman B. Stetson ’62 Uplift Maine Fund, the Norman B. Stetson Scholarship Fund, and the newly established fund to support the Stetson Electric Drives Lab.

A $1 million bequest expectancy from alumni Neil ’77 and De ’77 DeStefano of New Jersey will provide $500,000 to support the Athletics Master Facilities Plan which is part of the UMS TRANSFORMS initiative, funded through the Harold Alfond Foundation, and $500,000 to support soil sciences and agriculture in the College of Natural Sciences, Forestry, and Agriculture. 

A $300,000 gift from Dr. Carole Goldberg ’66 of Connecticut will endow a scholarship to support students with financial need from the College of Education and Human Development.

A $45,000 pledge from Versant Power will support Electrical and Computer Engineering and Electrical Engineering Technology programs and enable UMaine to hire a new Robert N. Haskell Professor of Power Engineering.

A $40,000 gift from Clifford Rosen ’71 will support the Dr. Clifford J. Rosen ’71 Scholarship, which will be used to provide financial assistance to University of Maine students who have demonstrated financial need with a preference for students who are enrolled in the Honors College and who plan to attend medical school.

“We are grateful to all our community members, alumni and friends who share the UMaine vision and generously donate to advance student success and the university’s mission in Maine and beyond,” says UMaine President Joan Ferrini-Mundy. “The Maine Day of Giving has grown since its inception into a special opportunity to connect to the state’s R1 research university. Donors tell us they give as a way to pay it forward for the difference UMaine made in their lives.”

“Maine Day of Giving celebrates philanthropy as an extension of service for UMaine,” says Mills. “The Maine Day tradition is still very much alive with our alumni and friends and they welcome the opportunity to participate in this fun event. Every gift that comes in supports the common goal of excellence at the University of Maine.”

Many Maine Day of Giving gifts align with the philanthropic matching challenge for the UMS TRANSFORMS program, begun in 2020 by the University of Maine System in response to the Harold Alfond Foundation’s historic $240 million grant. The program has four focus areas: upgrade facilities for UMaine Athletics, improve student success and retention, for the statewide Maine College of Engineering, Computing and Information Science (MCECIS) and expand the Maine Graduate and Professional Center. 

The annual Maine Day tradition was established in 1935 by UMaine President Arthur Hauck. He stated that the day would help the campus, through work projects, become a more attractive place, foster the spirit of friendliness and cooperation, identified as the Maine spirit and strengthen loyalty among people and to the university.

The University of Maine Foundation was established in 1934 and exists to encourage gifts and bequests to promote academic achievement, foster research and elevate intellectual pursuits at the University of Maine in Orono. 

None of the information on this website should be considered legal or financial advice. We encourage you to consult with your own legal counsel or financial/tax advisor before deciding whether or not to proceed with a gift or change to your estate plan.

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