*01/13/17 Greg Powell, President Dexter Enterprises/Alfond Foundation

Gregory W. Powell is the Chief Executive Officer and President of Dexter Enterprises, Inc., a wealth management firm owned by the Alfond family and is Chairman of the Harold Alfond Foundation, the largest charitable foundation in Maine.

Since childhood, Powell has personally known Harold Alfond, the founder of Dexter Shoe Company, as a family friend and philanthropist. Working together, Powell and Alfond, created Dexter Enterprises, Inc. in 1996 to manage the Alfond family’s investments, philanthropy and business affairs and to administer the Foundation’s charitable projects in Maine and other states. For over a decade Alfond and Powell worked closely to build the wealth management business of Dexter Enterprises and to design and award charitable grants for education, health care and youth development in Maine and elsewhere. Alfond and Powell deployed Alfond’s business philosophy and acumen to develop a model of philanthropic grant making, emphasizing entrepreneurial solutions, creativity, community engagement and partnership. In 2005, Alfond selected Powell to succeed him as Chairman of the Foundation. At his death in 2007, Alfond ensured that his philanthropy would live on by donating all of his wealth to the Foundation. 

In almost ten years since Alfond’s passing, under Powell’s leadership, Dexter Enterprises has built and managed a fourteen-company investment platform providing access to high quality investment funds world wide. 

During the same period, the Foundation has become the largest foundation in the State of Maine, awarding grants of over $270 million, with an annual grant-awarding budget at $37 million in 2016.

Before founding Dexter Enterprises, Inc., Powell practiced law in Maine for 15 years, concentrating his practice on trial law. Prior to private practice, he served as a clerk to the Maine Supreme Judicial Court. He is a 1977 Magna Cum Laude graduate of Wesleyan University and a graduate of the University of Maine School of Law, where he served as an editor of the Maine Law Review. Powell was named to Maine magazine’s 2014 list of “50 People Who Have Made a Difference in Maine in Deep and Lasting Ways.”

Greg lives in Cape Elizabeth with his wife, Amy. They have two grown daughters, Molly and Catherine.

For more information on the Harold Alfond Foundation, visit: www.haroldalfondfoundation.org