In 2021 The Martha's Vineyard Bank Charitable Foundation donated $827,241 to local nonprofits on Martha's Vineyard and in Falmouth.
Martha's Vineyard Bank and the Martha's Vineyard Bank Charitable Foundation distributed a combined $827,241 in 2021, exclusive of the additional $117,040 that the Foundation awarded to 14 nonprofits after its January 2022 quarterly meeting for fourth quarter 2021 grants. Of these funds, $38,750 were distributed as Employee Directed Donations, a program that gives Martha's Vineyard Bank employees funds to direct to the non-profit of their choice on their behalf. In addition, The Fund also distributed its second installment to Martha's Vineyard Community Services towards its $1 million pledge for the new Early Childhood Center.
Overall
Foundation
Bank
Fund
As shown in the graphs, a total of $827,241 was donated in 2021.
Of over 180 nonprofits funded, larger awards included grants for the following:
- Fisherman's Preservation Trust - Funds provided to purchase a new ice machine.
- Harbor Homes Martha's Vineyard - Funded housing opportunities for low income women.
- Island Autism Group - Provided significant funding for their West Tisbury campus.
- TestED - Funds for continuing a program of COVID-19 testing in schools.
- Celebrate the Art of Teaching - for programs that enhance students' educational enrichment outside the basic curriculum.
- Friends of MV Concert - for Beach Road Weekend sponsorship, helping to bring live music back to Martha's Vineyard after the pandemic hold.
Take a look at the 26-foot refrigerated food truck IN ACTION in this Food Baskets MV video. Visit The Food Baskets MV website for more information.
