MV Bank Charitable Foundation, Martha’s Vineyard Bank Distribute Third Quarter Awards

Filed Under: Banking, Non Profit News, Philanthropy

Martha’s Vineyard Bank Charitable Foundation and Martha’s Vineyard Bank distributed a combined $186,168 in the third quarter of 2021.  In addition, the second installment of $200,000 was distributed to Martha’s Vineyard Community Services as part of a $1 million pledge for the new Early Childhood Center that officially opened on Nov. 2. Year to date, all three bank entities have awarded a combined $729,560 to local non-profits in 2021.

A total of 74 non-profit organizations were funded in the third quarter (and a total of 138 non-profit organizations were funded year-to date).  Larger awards included funds used for Celebrate the Art of Teaching Grants, designed to fund programs that enhance and support students’ educational enrichment by adding that something extra outside the basic curriculum, and Friends of MV Concert for Beach Road Weekend sponsorship, helping to bring live music back to Martha’s Vineyard after the pandemic hold.

For a complete list of non-profit donation recipients, visit community.mvbank.com.

Martha’s Vineyard Bank Charitable Foundation Quarterly Grants applications are due Dec. 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.