Alfond Foundation grants $500M to Maine higher ed and research institutions

A prominent Maine philanthropic organization said Tuesday that it is granting more than $500 million to “high-performing” institutions that it said will help build Maine’s future.

The Harold Alfond Foundation said the grants, which range from $5 million to $240 million, will be given to innovative higher education and research organizations that can help create jobs, educate and build skills.

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