Alfond Foundation pledges $5M to college
Thomas College in Waterville has received a $5 million pledge to help fund its planned campus expansion.
The gift from the Harold Alfond Foundation is the largest ever received by the Waterville college, according to the Morning Sentinel. The foundation will match dollar-for-dollar money raised by Thomas College as part of its recently unveiled $9 million campus expansion, which includes new residence halls, library and athletic fields. Of the total, $4 million will be used for the construction of the new Harold Alfond Academic Center, while the remainder will go toward scholarship funds for students. The foundation previously donated $1.25 million to the college for a new athletic center, built in 2006.
Thomas College currently has about 700 full-time students, and serves about 1,000 students total through day and evening classes.
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