The Houston-based company also gave $500,000 to the Maitland Parks Trust Fund and $25,000 for the Cultural Corridor Trust Fund.
The Maitland Historical Society is working on plans to add a new building to its existing facility at Lake Lily Park.
The society currently has exhibits at two different locations which it wants to consolidate at a new Lake Lily Park location for the convenience of visitors. The society will move its general history and telephone collection from its current location off Packwood Avenue to the new building.
The Morgan Group's $1 million donation is the first donation toward the new facility. Andrea Bailey Cox, executive director of the Maitland Historical Society, says the society wants to raise up to $4 million, including a $1 million endowment for future sustainability. "This is a fantastic start for us," she says.
The official fundraising campaign will kick off in a few months, after the society completes its feasibility study.
The Morgan Group currently is developing The Village at Lake Lily, a 450-unit, mixed-use, urban development on the south end of Lake Lily Park.
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source: bizjournals.com
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