Colby College exceeded its $370-million capital campaign
goal June 30, raising a total of $376-million in the largest fundraising campaign
in Maine’s history. The Reaching the World Campaign, begun in 2005 under Colby
President William D. Adams, was mounted to support financial aid, facilities,
and the academic experience.
"The success of
this campaign shouldn’t be taken for granted,” said Robert E. Diamond Jr. ’73,
chair of Colby’s Board of Trustees and president of Barclays Bank PLC. “Exceeding
our ambitious $370-million goal, despite the worst global recession in
generations during these last two years of the campaign, is a stunning
In 2007 Colby announced that it would receive one of the
most important collections of American art ever given to a liberal arts college
from Peter and Paula Lunder, who felt strongly that the art should be
accessible to the people of Maine. To accomplish that goal, Colby needs a new
exhibition space, and the campaign’s capstone gift, $5 million from the Portland,
Maine-based Harold Alfond Foundation, will fund a major portion of a museum
expansion to house the Lunder Collection.
The new gallery space is part of a $15-million, 26,000-square-foot
expansion scheduled to break ground in mid-2011 for completion in 2013, Colby’s
bicentennial year. It will allow many important pieces in the Lunder Collection
to be exhibited, including works by James McNeill Whistler, Georgia O’Keeffe,
Edward Hopper, Mary Cassatt, Winslow Homer, and many other American masters.
“These families [the Alfonds and the Lunders] have
recognized the importance of great art to the state of Maine and have enabled
us to make that art available to the people of Maine and to Colby’s faculty and
students,” said Sharon Corwin, the museum’s director.
The Lunders and the Alfonds have strong ties to Colby, to
Maine, and to each other. Peter Lunder, Harold Alfond’s nephew, helped him
build Dexter Shoe into the successful business it became. The name of the new museum
space will acknowledge the connection between the Alfond and Lunder families.
Harold Alfond, who died in 2007, was a major contributor to
Colby and other Maine institutions for decades. His wife, Dorothy Levine
Alfond, was a member of Colby’s class of 1938. Their son Bill Alfond graduated
from Colby in 1972 and has been a member of Colby’s board of trustees. Another
son, Ted Alfond, is a member of the Colby Museum of Art Board of Governors, and
his wife, Barbara Alfond, chairs the board. Their daughter, Jennifer Alfond
Seeman ’92, is a Colby overseer. Peter Lunder graduated from Colby in 1956, and
Paula Lunder is a life trustee.
During the campiagn, the College has completed six major
construction projects: the Schair-Swenson-Watson Alumni Center, the Diamond
Building for social sciences and interdisciplinary programs, the Pulver
Pavilion addition to Cotter Union, a new bookstore, the Bill Alfond Field, and
the Harold Alfond Stadium, including a synthetic turf playing surface.
Major contributions to the campaign have increased Colby’s
financial aid endowment by nearly $50 million, allowing the College to offer
grants in place of loans in student financial aid packages. Since the campaign
began, the percentage of Colby students who receive financial aid grants has
risen to approximately 40 percent.
For more information about the campaign, visit www.colby.edu/campaign.