CVA meets Harold Alfond challenge grant
CARRABASSETT VALLEY — Carrabassett Valley Academy recently announced that it recently met a substantial challenge grant from the Harold Alfond Foundation to eliminate construction debt incurred to build a new academic center. Later this spring that facility will be formally named to honor Peter and Martha Webber, whose vision and hard work on behalf of CVA laid the foundation for the Academy.
The challenge required CVA to secure $536,000 in new gifts and commitments by Dec. 31, 2016 to trigger a $500,000 matching grant. “We continue to be humbled and grateful for the tremendous support of the CVA community,” said CVA Director of Development Kate O’Halloran. “We are particularly gratified to see so many young alumni who helped get us to the finish on this endeavor. They seem to truly appreciate the value of their CVA education and experience and wanted to give something back to the school that means so much to them.”
The Webbers were one of the first families to live fulltime in Carrabassett Valley and both Peter and Martha volunteered on school boards, ski clubs and for their church. While CVA was taking shape in the early 1980s, Peter and Martha kept the importance of a high quality academic program at the forefront of the school’s mission. CVA has stayed the course, with a strategic commitment to rigorous academics paired with athletic intensity within a value-based community.
Receiving this grant moves CVA closer to making a full operational shift to the King Cummings Campus. With this phase of the challenge complete, CVA will embark on comprehensive planning and analysis for the next phase of the campaign, which will include a new student center. That project already has great momentum thanks to the extraordinary generosity of the Harold Alfond Foundation which has pledged an additional $500,000 capstone grant to help CVA complete that facility.