For over 100 years, Massachusetts Maritime Academy has been preparing women and men for exciting and rewarding careers on land and sea. As the nation's finest co-ed maritime college, MMA challenges students to succeed by balancing a unique regimented lifestyle with a typical four-year college environment. As a member of the cadet corps you will live, study, sail, work and play in an atmosphere that encourages you to be your best.
Charitable Gift Annuity
A Charitable gift annuity is a life income gift, a simple agreement between you and MMA. In exchange for your irrevocable gift of cash or securities (minimum of $10,000), MMA agrees to pay a fixed income to one or two people, each year, for life. The payments are a legal obligation of the Academy and are guaranteed by the general resources of MMA. Typically this type of gift arrangement is set up by donors 70+ because the older you are when established the higher the payment to you.