The Harold Alfond Foundation pledged Thursday to provide $1.4 million in a matching grant program to support the development of a new generation of female leaders.
Greg Powell, chairman of the foundation, made his announcement at a luncheon celebrating the Olympia Snowe Women’s Leadership Institute, which offers leadership opportunities to girls in high schools throughout Maine. The money, offered as a 1 to 1 match, is intended to leverage a $2.8 million endowment to expand and sustain the program, now in its second year.