Colby College Fundraising Campaign 

Despite the recession, Colby College in Waterville says it has raised 376-million dollars in the school’s largest-ever fundraising campaign.Colby launched the campaign five years ago to support financial aid, academic programs and other areas at the liberal arts school.The campaign was capped by a 5-million dollar donation from the Harold Alfond Foundation to fund a major portion of a museum expansion on campus.That expansion will house one of the most important collections of american art ever donated to a a liberal arts college. That gift was made by Peter and Paula Lunder in 2007.Ground is expected to be broken next year and the expansion is scheduled to be completed by 2013.