Employees Boost Martha’s Vineyard Bank, MV Bank Charitable Foundation Funding

Filed Under: Banking, More News, Philanthropy

Martha’s Vineyard Bank and the Martha’s Vineyard Bank Charitable Foundation awarded a combined $364,107 in Quarters 1 and 2 of 2021. Of these funds, $11,500 were distributed as Employee Directed Donations, a program that gives Martha’s Vineyard Bank Employees each $500 to direct to the non-profit of their choice on their behalf.

A total of 95 non-profit organizations were funded. Larger awards included funds used to purchase the Fisherman’s Preservation Trust’s new ice machine, housing opportunities for low income women at Harbor Homes, assisted the Island Autism Group towards their goal of a campus in West Tisbury, and continued funding for TestED, a program of COVID-19 testing in schools.

The deadline for Martha’s Vineyard Bank Charitable Foundation Quarterly Grants Applications is Sept. 17, 2021. Quarterly requests are any grant request over $5,000 for new funding and over $10,000 requests for repeat requests. Decisions for these requests are done on a quarterly basis.

Martha’s Vineyard Bank Charitable Monthly Grant Applications are due Sept. 30, 2021.  Charitable Foundation Monthly Grants are any grant request under $5,000 for new funding and $10,000 requests or under for repeat requests. Decisions for these requests are done on a monthly basis.

For a complete list of organizations that received funds in 2021 and for more information on the grant process, visit community.mvbank.com.


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