Leavitt Hall recently got a new roof and windows thanks to last year’s annual fund.

Help Set the Course for MMA’s Future

CONTRIBUTIONS TO Maine Maritime Academy’s Annual Fund are used to support annual operations and maintenance and provide financial aid to students in need. Unrestricted gifts keep student costs down by bridging the gap between tuition and annual expenses.

Tuition covered just 42% of MMA’s operating expenses last year; the balance came from state and federal funding, foundation grants, and gifts from alumni, staff, students, and the Academy’s many friends.

The 2021 Annual Campaign raised a record-setting $1,080,200 – the first year our Annual Fund exceeded a million dollars. That equates to $1,256 per student enrolled this year. Where did that money go?

Annual Fund gifts helped re-power and upgrade the Academy’s welding lab. The Annual Fund also helped to pay for a new roof for Leavitt Hall and energy-efficient replacement windows – exponentially important gifts as these will save the Academy money every year.

Additionally, $335,400 in scholarships were awarded in FY2021 thanks to annual pass-through scholarships and augmenting earnings from endowed funds designated for financial aid.
This year’s cash goal is $1,135,000. A gift of any size will be greatly appreciated – even small gifts make a big difference. Will you help set the course for MMA’s future?

Photos By: Tate Yoder, Maine Center for Coastal Fisheries

MMA Annual Fund

What’s the difference

Comparison chart of endowment and annual fund

Alumni participation in annual giving supports MMA – and its graduates

Potential funders, prospective students, and industry employeers pay attention to alumni giving as an indicator of success. Your Annual Fund gift of any size will count toward our participation goal of 25%.

That means 1,905 alumni donors in FY2022.

What counts towards the annual participation goal?

Donation made to the Annual Fund: all unrestricted contributions; gifts restricted to annual pass-through scholarships; and, contributions to annual operations.

What does not count toward the annual participation goal?

Donations made to any of MMA’s Endowment Funds or Capital Improvements.

Help MMA reach our goal of 1,905 alumni donors before June 30, 2022
A contribution of any size will count.

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