Peter Alfond

Peter Alfond (May 17, 1952 – July 10, 2017) was an American billionaire, investor, and philanthropist.

Peter Alfond
Born(1952-05-17)May 17, 1952
Waterville, Maine, U.S.
DiedJuly 10, 2017(2017-07-10) (aged 65)
West Palm Beach, Florida, U.S.
Alma materRollins College
Occupation(s)Investor, philanthropist
Spouse
Karen Lynn
​
​
(m. 1976; div. 1992)​
Children3
Parent
Family

Early life

Peter Alfond was born to a Jewish family, the son of Dorothy (née Levine) and businessman-philanthropist Harold Alfond.[1][2][3] Alfond graduated from Rollins College in 1975.[4]

Career

Harold Alfond founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock.[1]

In 1993, he created the Peter Alfond Foundation whose mission is to invest in innovative educational and wellness opportunities that strengthen communities, making meaningful, positive, and direct impact in New England and the Caribbean.[5][6] In 2020, the foundation made substantial one-time grants, including $8 million to the Alfond Youth and Community Center, $40 million to MaineGeneral Health, $10 million to the Vimenti Charter School, and $2 million to the Teaching Kitchen Collaborative. It also makes smaller annual grants to organizations in its geographic and programmatic focus area.[7]

Personal life

Alfond was married to Karen Lynn, they met at Rollins College in Winter Park, Florida and had children: Rebekah, Kyle, & Sarah.[4][6]

Death

Peter Alfond died on July 10, 2017, of complications from malaria, which he contracted while on a trip to Africa. He was 65 years old.[8]

References
  1. Pérez-Peña, Richard (November 17, 2007). "Harold Alfond, Donor and Shoe Factory Owner, Dies at 93". The New York Times.
  2. Colby College Digital Commons: "Bibby Levine Alfond Scrapbook" January 1, 2011
  3. Silbiger, Steve The Jewish Phenomenon: Seven Keys to the Enduring Wealth of a People, p. 89
  4. "Harold Alfond (1914–2007): Business Leader and Strong Supporter of the Rollins Sports Program". Rollins College. Retrieved December 5, 2021.
  5. Çam, Deniz. "Billionaire Philanthropist Peter Alfond Dies From Malaria At 65". Forbes. Archived from the original on July 13, 2017. Retrieved August 13, 2020.
  6. "The World's Billionaires - Peter Alfond". Forbes. July 2017. ISSN 0015-6914.
  7. Roberts, Spencer (May 20, 2020). "Peter Alfond Foundation endows $48 million dollars for community health in the Kennebec Valley". www.wabi.tv. Retrieved August 13, 2020.
  8. Calder, Amy (July 11, 2017). "Philanthropist Peter G. Alfond, originally from Waterville, dies of malaria". Kennebec Journal.
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