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.
For more information or customized calculations on any of the charitable gift plans, please contact Michelle Badger at 508-830-5045 or email@example.com.