Maine College of Art Receives $3 Million From Lunder Foundation

Maine College of Art Receives $3 Million From Lunder Foundation

The Maine College of Art has announced a $3 million gift from longtime supporters Peter and Paula Lunder and their family.

Made through the Lunder Foundation, the gift includes $2.5 million in support of the Lunder Scholars program, which was established in 2002 to provide need-based aid to undergraduate students from Maine, and $500,000 in support of a strategic planning process. To date, the scholars program has assisted more than a hundred undergraduates.

The Lunder Foundation established the scholars program with an initial gift of $500,000 as part of an endowment challenge that helped MECA raise more than $3 million, including a second gift of $500,000 from the Lunders.

"We are pleased to support MECA's efforts to make higher education accessible to students regardless of their financial situation through this new gift to the Lunder Scholars fund," said Peter Lunder. "Offering opportunity to a wide spectrum of students who bring both academic and artistic strengths and diverse cultural perspectives is central to our mission."

"Maine College of Art Receives $3 Million From the Lunder Foundation." Maine College of Art Press Release 11/27/2018.