University of Maine Fundraising at Record-High Levels

University of Maine Foundation President/CEO Jeff Mills presided over the program for the Foundation’s Annual Luncheon during Homecoming/Family and Friends Weekend on October 13. His presentation highlighted the record-high $43,870,228 raised in gifts and pledges during FY23. The total represents over a 100% increase in annual fundraising since FY16. The substantial sum was generously contributed by individuals, organizations, corporations, and foundations dedicated to supporting UMaine’s mission of academic excellence and student success.

Mills remarked, “This accomplishment would not be possible without the hard work, support, and collaboration among all the major campus areas and the University of Maine Foundation’s wonderful donors.”

He went on to describe that 82% or $436 million of the University of Maine System’s $528 million endowment, belongs to the University of Maine with over $307 million held at the University of Maine Foundation.

Mills announced that memberships in UMaine’s giving societies are also very high compared to memberships in 2013. Charles F. Allen Legacy Society memberships (those who make their estate intentions known) are up 48%, Stillwater Society memberships (those with lifetime giving of $25,000+) are up 63%, President’s Club memberships (donors who commit $1,000+ annually) are up 69%, and Triple Crown Donor memberships (those who are members of all three giving societies) are up 76%.

Below, we have a highlights from the meeting to watch: