Bangor Savings Bank Makes Generous Donation to the Campaign for Woodlawn
The Hancock County Trustees of Public Reservations, governing body of Woodlawn is pleased to announce the receipt of a $10,000 donation from Bangor Savings Bank for the Campaign for Woodlawn.
The Campaign for Woodlawn will re-establish the existing Carriage Barn at the historic estate. The facility will provide year-round space, allow Woodlawn to attract a larger, more diverse audience to the estate, and provide the Hancock County community with much needed function and event space. Woodlawn will also gain exhibit space for its collection as well as traveling exhibits from other museums and organizations. An expanded, year-round facility will allow for the continued growth of the Woodlawn School Program, which currently serves 1,300 students annually, free of charge. The total cost to establish the new facility and include funds for an endowment is $8.2 million
Carol Colson, Senior Vice President and Director of Marketing and Community Relations commented, “Bangor Savings Bank is pleased to provide funding to the Campaign for Woodlawn, providing the people of Hancock County a beautiful year-round event space, and the resources to expand Woodlawn’s educational programs.”
In 2015, the Campaign for Woodlawn received a $4 million matching challenge grant from a private foundation. Under the terms of the matching grant, the funds were to be dispersed in two phases. This past August, Woodlawn Trustees announced that the Campaign for Woodlawn had achieved its first $2 million fundraising match towards its $4 million matching grant from a private foundation thus completing the first phase. The Trustees’ effort in the first phase was bolstered by gifts including a $1 million matching gift from an anonymous donor (successfully met), a $50,000 grant from the Davis Family Foundation, $172,000 from area businesses and $70,850 from individuals.
Woodlawn’s executive director, Joshua Torrance shared his enthusiasm, “This generous gift from Bangor Savings Bank comes as we enter the second phase of our $4 million matching grant. Having a top-notch facility at Woodlawn will allow us to grow and sustain Woodlawn for future generations and have significant economic impact for Ellsworth and Hancock County.”
To learn more and join the Campaign for Woodlawn, click here.