Allegany College of Maryland, the community's college in Allegany County and serving Western Maryland and the surrounding region, was founded in 1961. In fall 1996, with the College's role in the region continuing to expand, the College was renamed Allegany College of Maryland to reflect changes in its mission.
The Allegany College of Maryland Foundation was established in 1982 with the purpose of receiving private gifts, bequests, and donations, and to account for, manage, and help appreciate monies or property submitted to the Foundation or College. The Foundation Board of Directors is composed of individuals who represent positive leadership and community influence and who have expressed an interest and desire to use their influence on behalf of the College through the Foundation.
A history of the establishment of the ACM Foundation from founding member, Mr. Ivan Hall