June 26, 2008
$360-Million Bequest Will Benefit Foundation in Maine
By Maria Di MentoHarold Alfond, the founder of the Dexter Shoe Company who died in November, has bequeathed approximately $360-million — his entire life savings — to the Harold Alfond Foundation, in Portland, Me. He established the foundation in 1950.
The foundation has not yet received the money because Mr. Alfond's estate hasn't been settled. Once the estate is settled, however, the bequest will push the
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