Annual Fund

What is the Annual Fund?

The Maine Maritime Academy Annual Fund provides resources for financial aid, academics, student life, athletics, and all areas of the campus as well as our training vessels. A gift to the Annual Fund is a gift in support of the unique education and hands-on learning experiences offered at MMA.

May I direct my gift to my area of interest?

Yes. While unrestricted funds are important to Maine Maritime Academy, we know that you may have an area that you would like your philanthropic dollars to support. In the memo section of your check or in a note, please write the area where you would like your gift to be used. Some examples might be Athletics, Engineering Department, or Financial Aid.

Will my gift count in class participation numbers and alumni giving percentages?

Yes. Your gift to the Annual Fund counts for your class’s participation rate and the overall MMA alumni giving participation rate. Last year, the alumni participation to the MMA Annual Fund was 14.5%. Another 4.3% contributed to other areas outside of the Annual Fund like endowed scholarships, capital projects, and sponsorships.

Does my gift to an endowed scholarship fund, building campaign, or sponsorship count in the Annual Fund?

No. While gifts to support endowments, capital projects, and sponsorship of events are important to the wellbeing of the Academy, these gifts are not counted toward alumni participation numbers. The Council for Advancement and Support of Education (CASE) is the leading source for best practices in educational fundraising, and MMA follows their reporting standards and management guidelines for annual fundraising and campaigns.

How do I participate?

There are three ways to make a gift to Maine Maritime Academy:

  • Give online today using your credit
    Make sure to select Annual Fund 2017 in the dropdown menu
  • Call us with your credit card at 207-326-2223
  • Mail a check to:
    Maine Maritime Academy
    Development Office
    Wyman House
    Castine, ME 04420

Have you ever considered making an Annual Fund gift with appreciated stock?

It is an easy way to avoid capital gains taxes while receiving the full market value of your contribution for income tax purposes.  Please call Leah Bishop at 207-326-2223 for more information.

Does your company match your gift?

If you are unsure, please ask your Human Resources Office or check your company’s webpage to see if they participate in a matching gift plan.