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Also known as: FOUNDATION INC
Marthas Vineyard Bank Charitable Foundation Inc. is a private corporation based in EDGARTOWN, MA. The foundation received its IRS ruling in 2019. The principal officer is % Charles A Kroll. It holds total assets of $4.9M. Annual income is reported at $3.2M. COVID TESTING EQUIPMENT & MASKS FOR COMMUNITY TESTING CENTER. According to available records, Marthas Vineyard Bank Charitable Foundation Inc. has made 741 grants totaling $3.3M, with a median grant of $700. Annual giving has grown from $558K in 2021 to $1.4M in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 282 grants. Individual grants have ranged from $20 to $500K, with an average award of $5K. The foundation has supported 352 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, District of Columbia, which account for 95% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
COVID TESTING EQUIPMENT & MASKS FOR COMMUNITY TESTING CENTER
Expenses: $64K
COVID TESTING EQUIPMENT & MASKS FOR COMMUNITY TESTING CENTER. Based on available records, the foundation has funded 741 grants. Its grantmaking reaches organizations primarily in MA, NY, DC.
Marthas Vineyard Bank Charitable Foundation Inc. has distributed a total of $3.3M across 741 grants. The median grant size is $700, with an average of $5K. Individual grants have ranged from $20 to $500K.
Marthas Vineyard Bank Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marthas Vineyard Bank Charitable Foundation Inc. is headquartered in EDGARTOWN, MA. While based in MA, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald Rappaport | DIRECTOR | $0 | $0 | $0 |
| Wayne Lamson | CLERK/DIRECTOR | $0 | $0 | $0 |
| James Anthony | PRESIDENT/CEO | $0 | $0 | $0 |
| Jennifer Smith Turner | DIRECTOR | $0 | $0 | $0 |
| Kenneth C Galley Retired 112023 | CLERK/DIRECTOR | $0 | $0 | $0 |
Total Giving
$1.4M
Total Assets
$4.6M
Fair Market Value
$4.6M
Net Worth
$4.6M
Grants Paid
$1.4M
Contributions
$509K
Net Investment Income
$245K
Distribution Amount
$237K
Total: $0
Total Grants
741
Total Giving
$3.3M
Average Grant
$5K
Median Grant
$700
Unique Recipients
352
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VermontEXEMPT PURPOSE | Burlington, VT | $3K | 2023 |
| Island Food PantryEXEMPT PURPOSE | Vineyard Haven, MA | $500K | 2023 |
| Martha'S Vineyard Ocean Academy (Fuel)EXEMPT PURPOSE | Vineyard Haven, MA | $100K | 2023 |
| Island Health CareEXEMPT PURPOSE | Edgartown, MA | $85K | 2023 |
| Martha'S Vineyard YouthEXEMPT PURPOSE | Chilmark, MA |
| Reid Silva |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Alison Shaw | DIRECTOR | $0 | $0 | $0 |
| Ann Tyra | DIRECTOR | $0 | $0 | $0 |
| Stever Aubrey | DIRECTOR | $0 | $0 | $0 |
| George Davis | DIRECTOR | $0 | $0 | $0 |
| George Santos | DIRECTOR | $0 | $0 | $0 |
| Donna L Cummens | DIRECTOR | $0 | $0 | $0 |
| James Hagerty | DIRECTOR | $0 | $0 | $0 |
| Beth S Colt | DIRECTOR | $0 | $0 | $0 |
| Charles Kroll | VP/TREASURER/CFO | $0 | $0 | $0 |
| $25K |
| 2023 |
| Hospice & Palliative Care Of Martha'S VineyardEXEMPT PURPOSE | Vineyard Haven, MA | $25K | 2023 |
| Island Autism GroupEXEMPT PURPOSE | Edgartown, MA | $25K | 2023 |
| Featherstone Center For The ArtsEXEMPT PURPOSE | Oak Bluffs, MA | $21K | 2023 |
| Martha'S Vineyard Fishermen'S Preservation TrustEXEMPT PURPOSE | Menemsha, MA | $21K | 2023 |
| Falmouth Housing TrustEXEMPT PURPOSE | Falmouth, MA | $20K | 2023 |
| Healthy Aging Martha'S VineyardEXEMPT PURPOSE | Vineyard Haven, MA | $20K | 2023 |
| Martha'S Vineyard Public SchoolEXEMPT PURPOSE | Vineyard Haven, MA | $11K | 2023 |
| Harbor Homes Of Martha'S VineyardEXEMPT PURPOSE | Vineyard Haven, MA | $10K | 2023 |
| Penikese SchoolEXEMPT PURPOSE | Woods Hole, MA | $9K | 2023 |
| Martha'S Vineyard Little LeagueEXEMPT PURPOSE | Oak Bluffs, MA | $8K | 2023 |
| Westfield State UniversityEXEMPT PURPOSE | Westfield, MA | $7K | 2023 |
| Dignity MattersEXEMPT PURPOSE | Wayland, MA | $5K | 2023 |
| Island Grown InitiativeEXEMPT PURPOSE | Vineyard Haven, MA | $5K | 2023 |
| Farming FalmouthEXEMPT PURPOSE | Teaticket, MA | $5K | 2023 |
| Upper Cape Ymcaymca Of Cape CodEXEMPT PURPOSE | Hyannis, MA | $5K | 2023 |
| Misty Meadows Equine Learning CenterEXEMPT PURPOSE | Vineyard Haven, MA | $5K | 2023 |
| Woods Hole Child CenterEXEMPT PURPOSE | Woods Hole, MA | $5K | 2023 |
| Great Pond FoundationEXEMPT PURPOSE | Edgartown, MA | $5K | 2023 |
| Neighborhood FalmouthEXEMPT PURPOSE | Falmouth, MA | $5K | 2023 |
| The YardEXEMPT PURPOSE | Chilmark, MA | $5K | 2023 |
| Camp JabberwockyEXEMPT PURPOSE | Vineyard Haven, MA | $5K | 2023 |
| Island Theater WorkshopEXEMPT PURPOSE | Vineyard Haven, MA | $5K | 2023 |
| Falmouth Public SchoolsEXEMPT PURPOSE | East Falmouth, MA | $4K | 2023 |
| Falmouth Running ClubEXEMPT PURPOSE | Falmouth, MA | $4K | 2023 |
| Friends Of The Edgartown Free Public LibraryEXEMPT PURPOSE | Edgartown, MA | $4K | 2023 |
| Rotary Club Of Falmouth Cape CodEXEMPT PURPOSE | Falmouth, MA | $4K | 2023 |
| Umass AmherstEXEMPT PURPOSE | Amherst, MA | $3K | 2023 |
| Wentworth Institute Of TechnologyEXEMPT PURPOSE | Worcester, MA | $3K | 2023 |
| Colorado State UniversityEXEMPT PURPOSE | Fort Collins, CO | $3K | 2023 |
| College Of CharlestonEXEMPT PURPOSE | Charleston, SC | $3K | 2023 |
| Quinnipiac UniversityEXEMPT PURPOSE | Bridgewater, MA | $3K | 2023 |
| The Penn State UniversityEXEMPT PURPOSE | University Park, PA | $3K | 2023 |
| The American UniversityEXEMPT PURPOSE | Washington, DC | $3K | 2023 |
| Zephyr Educational FoundationEXEMPT PURPOSE | Falmouth, MA | $3K | 2023 |
| University Of Notre DameEXEMPT PURPOSE | Notre Dame, IN | $3K | 2023 |
| Bentley UniversityEXEMPT PURPOSE | Waltham, MA | $3K | 2023 |
| University Of New HampshireEXEMPT PURPOSE | Durham, NH | $3K | 2023 |
| Trinity CollegeirelandEXEMPT STATUS | Dublin | $3K | 2023 |
| Bridgewater State UniversityEXEMPT PURPOSE | Bridgewater, MA | $3K | 2023 |
| Bucknell UniversityEXEMPT PURPOSE | Lewisburg, PA | $3K | 2023 |
| Cal PolytechEXEMPT PURPOSE | San Luis Obispo, CA | $3K | 2023 |
| Clemson UniversityEXEMPT PURPOSE | Clemson, SC | $3K | 2023 |
| College Light Opera CompanyEXEMPT PURPOSE | Falmouth, MA | $3K | 2023 |
| Martha'S Vineyard Community ServicesEXEMPT PURPOSE | Vineyard Haven, MA | $3K | 2023 |
| Martha'S Vineyard Chamber MusicEXEMPT PURPOSE | Vineyard Haven, MA | $3K | 2023 |
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