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$300,000 gift creates a permanent fund for Bowdoinham Community School

Financial

What happened

A donor gave MSAD 75 $300,000 to set up the VC Dunlap Fund, named for Bowdoinham-born botanist Vining Campbell Dunlap. The gift agreement says the principal is permanent and is not to be spent; the fund benefits Bowdoinham Community School students.

Why it matters to families

This is a large private gift for a small school. Families can ask how the yearly earnings will be spent and who decides.

The evidence

Donor Intent and Gift Agreement (October 8, 2026 board packet): 'The Donor has irrevocably given the Gift Amount of $300,000.00 to the District ... a restricted fund known as the "VC Dunlap Fund"'; 'The original Gift Amount ... will be held as permanent principal and will not be spent'.

The source

Donor Intent and Gift Agreement

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