Magic Number: 1,480 Alumni Participants
When the Harold Alfond Foundation challenged MMA alumni to reach 20 percent participation in the Annual Fund, they had one goal in mind. The Foundation presented MMA with a golden opportunity: reach 20 percent participation and earn an award of $750,000 to be invested in the scholarship endowment, which would serve students forever. They set a June 30, 2020 deadline for the challenge, the end of the Academy’s 2020 fiscal year.
The foundation’s goal was clear: to ensure that alumni would participate in the sustainability of their school so that Maine Maritime – and its students – could maintain their competitive edge into the future.
Alumni became motivated to meet this challenge. Some noted it’s a great rate of return, since gifts as small as $1 count toward participation: if we invest a dollar, collectively we can earn $750,000 for our school.
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