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Bangor Savings Bank Foundation Contributes $5,000 Grant to Maine Maritime Academy for Schooner Bowdoin Renovation Project

Posted on: July 8, 2016

CASTINE, Maine—The Bangor Savings Bank Foundation has given a grant of $5,000 in funding to Maine Maritime Academy to help maintain, protect, and preserve the historic schooner Bowdoin.

The Bowdoin renovation project is part of a long-term maintenance and care plan to replace Bowdoin’s deck and complete other upgrades that are easily accessible when the old deck is removed. The renovation is funded through the Bowdoin Centennial Campaign, a $1.6 million fundraising campaign to replace the ship’s deck and strengthen her endowment. The aim of the campaign is to keep the Bowdoin exploring, sailing, and training for the next 100 years.

Bowdoin serves as the key training ship for Maine Maritime Academy‘s Vessel Operations and Technology (VOT) and Small Vessel Operations (SVO) undergraduate programs, as well as the platform for MMA’s Sail Training Minor. When not in use for training purposes, Bowdoin’s popularity and historical charm keep her calendar brimming with public and private tours, appearances, and excursions. A National Historic Landmark, Bowdoin is also the Official Vessel of the State of Maine.

About Maine Maritime Academy
Maine Maritime Academy is a co-educational, public college on the coast of Maine offering 18 degree programs in engineering, management, science, and transportation. Year after year, the job placement rate for MMA graduates exceeds 90 percent within 90 days of graduation. In 2014 and 2015, MONEY magazine ranked Maine Maritime Academy the #1 Public College in America on their Best Colleges list.

About Bangor Savings Bank
Bangor Savings Bank, with more than $3 billion in assets, offers retail banking and investment management services to Maine consumers as well as comprehensive commercial, corporate, payroll administration, merchant services, insurance, and small business banking services to Maine businesses. The Bank, founded in 1852, is in its 163rd year of service to the people of Maine, with 56 branches and on the Web at www.bangor.com. The Bangor Savings Bank Foundation was created in 1997. Together the Bank and its Foundation invest more than $1 million per year into the community in the form of nonprofit sponsorships, grants and partnership initiatives.