The day before announcing the University of Maine’s next president, the university system received $5 million to start a fund to attract and retain quality leaders at the state’s flagship campus in Orono. On Monday, the university announced the Harold Alfond Foundation gift, meant to establish a “Maine leadership endowment fund.” The money will be used to help the university system “fund a nationally competitive compensation package for the next University of Maine president,” according to a news release. Current UMaine President Susan Hunter, who is slated to retire this summer, earns $275,000.