Posts in MaineBiz
Children's Museum & Theatre receives $500K pledge in final push toward $14M goal

As it nears the finish of a $14 million fundraising campaign for its new Portland facility, the Children’s Museum & Theatre of Maine has received a $500,000 gift from the Lunder Foundation.

The Portland-based philanthropy made the donation as a challenge grant to spur matching contributions and raise the remaining $1 million of the campaign, according to a news release Monday.

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MaineBizArielle Walrath
Children's Museum sells landmark building to its neighbor, Portland Museum of Art

The sale moves the Children’s Museum & Theatre of Maine closer to its capital campaign goal, Executive Director Julie Butcher Pezzino told Mainebiz.

With the Thompson’s Point construction, the Children’s Museum & Theatre of Maine is executing its strategic plan to serve twice as many children and families and to expand programming to a more diverse community. Proceeds from the sale of 142 Free St. are contributing to the construction of the organization’s new building and its exhibits; a capital campaign for the balance needed will be announced in the coming months.

Read the whole article at MaineBiz here!

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MaineBizArielle Walrath