NonprofitsMarthas Vineyard Community Foundation Inc

Philanthropy, Voluntarism & Grantmaking Foundations

Marthas Vineyard Community Foundation Inc

WEST TISBURY, MA

Total revenue

$3.7M

Total expenses

$2.9M

Net assets

$15.9M

Grants received

$1.4M

32 grants

EIN

842084322

Tax year

2024

Mission

The martha's vineyard community foundation, inc., successor to the permanent endowment fund for martha's vineyard, the island's community foundation, puts charitable contributions to work for the people of martha's vineyard by making grants that address community needs, funding scholarships for island students, and budiling an endowment to provide the resoruces to enhance and preserve the quality of life on the vineyard forever.

Financials

FY 2024

Revenue

Contributions & grants$2.5M
Program service revenue
Investment income$1.0M
Other revenue$196K
Total revenue$3.7M

Expenses

Grants paid$2.0M
Salaries & benefits$327K
Fundraising$49K
Other expenses$609K
Total expenses$2.9M
Total assets$16.3M
Net assets$15.9M

People

13 listed

NameRoleCompensation

PAUL SCHULZ

EXECUTIVE DI

Board

$134K

40 hrs/wk

OLLIE BECKER

DIRECTOR

Board

5 hrs/wk

CAROL BIONDI

DIRECTOR

Board

5 hrs/wk

CHRISTOPHER CELESTE

DIRECTOR

Board

5 hrs/wk

JULIE FAY

VICE-CHAIR

Board

5 hrs/wk

ARIELLE FARIA

DIRECTOR

Board

5 hrs/wk

ISABELLE LEW

CLERK

Board

5 hrs/wk

LUIZA MOUZINHO

DIRECTOR

Board

5 hrs/wk

ELLEN PESCH

TREASURER

Board

5 hrs/wk

LISA REAGAN

DIRECTOR

Board

5 hrs/wk

MITCH RUBIN

DIRECTOR

Board

5 hrs/wk

JULIE VANDERHOOP

DIRECTOR

Board

5 hrs/wk

ALEC WALSH

CHAIR

Board

5 hrs/wk

Grants received

Showing 32 of 32

FromAmountPurposeYear
$25K
UNRESTRICTED GENERAL SUPPORT
2024
$20K
GENERAL CHARITABLE PURPOSES
2024
$11K
COMMUNITY & HUMAN SERVICES
2024
$11K
COMMUNITY DEVELOPMENT
2024
$11K
COMMUNITY & HUMAN SERVICES
2024
$217K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$106K
PUBLIC, SOCIETAL BENEFIT
2023
$79K
For grant recipient's exempt purposes
2023
$42K
ADVANCING PHILANTHROPY
2023
$17K
Operating Support/Annual Fund
2023
$11K
COMMUNITY & HUMAN SERVICES
2023
$10K
COMMUNITY DEVELOPMENT
2023
$10K
COMMUNITY & HUMAN SERVICES
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$66K
For grant recipient's exempt purposes
2022
$58K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$50K
TO SUPPORT THE ADVOCACY FUND - COALITION TO CREATE A MARTHA'S VINEYARD HOUSING BANK
2022
$42K
GENERAL SUPPORT
2022
$12K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
DONATION TO THE ORGANIZATION'S GENERAL FUND TO FURTHER ITS MISSIONS
2022
$182K
For grant recipient's exempt purposes
2021
$182K
For grant recipient's exempt purposes
2021
$97K
For recipient's exempt purpose
2021
$10K
General Support
2021
$10K
Operating Support/Annual Fund
2021
$7K
PUBLIC, SOCIETAL BENEFIT
2021
$40K
For grant recipient's exempt purposes
2020
$21K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$14K
GENERAL OPERATING
2020

Funded by

$1.4M from 17 funders · 32 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$550K · 5 grants · 2020–2023

Vanguard Charitable Endowment Program

$391K · 4 grants · 2020–2023

Donor Advised Charitable Giving Inc

$126K · 3 grants · 2021–2023

Paypal Charitable Giving Fund

$52K · 2 grants · 2021–2022

Seattle Foundation

$50K · 1 grant · 2022

Columbus Foundation

$42K · 1 grant · 2023

Morgan Stanley Global Impact Funding Trust Inc

$30K · 2 grants · 2023–2024

Boston Foundation Inc

$27K · 2 grants · 2021–2023

Details

EIN842084322
NTEE codeT99
Subsection03
Ruling date2019-08
Formed1982
Employees4
MARTHAS VINEYARD COMMUNITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo