Overview
What is Martha's Vineyard Community Foundation Inc?
Martha's Vineyard Community Foundation Inc, situated in West Tisbury, Massachusetts, is a nonprofit organization with a mission to improve the lives of the community. By utilizing charitable contributions, they grant funds to local non-profit organizations, addressing various community needs. They also offer scholarships to students residing on the island, aiming to support their education. To ensure long-term support, they are building an endowment, intending to preserve and enhance the quality of life on Martha's Vineyard indefinitely. Their team comprises 5 dedicated individuals.
Official website here: www.marthasvineyardcf.org
Is Martha's Vineyard Community Foundation Inc legitimate?
Martha's Vineyard Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha's Vineyard Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,975
For more financial information, click here
Official website here: www.marthasvineyardcf.org
What is the mission statement of Martha's Vineyard Community Foundation Inc?
The Martha's Vineyard Community Foundation, Inc., aims to utilize charitable contributions effectively to address community needs and improve the quality of life for its residents. This is achieved by granting funds, supporting local students through scholarships, and building an endowment for future enhancements. The organization's primary goal is to ensure the resources are available to maintain and enhance the community's well-being forever.
Official website here: www.marthasvineyardcf.org
Who is the CEO of Martha's Vineyard Community Foundation Inc?
Isabelle Lew is the Executive Di of Martha's Vineyard Community Foundation Inc.
Official website here: www.marthasvineyardcf.org
What is the revenue of Martha's Vineyard Community Foundation Inc?
Martha's Vineyard Community Foundation Inc's revenue in 2022 was $4,107,391.
Official website here: www.marthasvineyardcf.org
Who are the executives of Martha's Vineyard Community Foundation Inc and what are their salaries?
The average compensation at Martha's Vineyard Community Foundation Inc during 2022 was $53,995. There are 5 employees at Martha's Vineyard Community Foundation Inc.
Here are 14 key members and their salaries:
- Compensation: $120,000
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- Other: $5,000
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Official website here: www.marthasvineyardcf.org
Where can I find the form 990 for Martha's Vineyard Community Foundation Inc?
Martha's Vineyard Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marthasvineyardcf.org
Learn more at the official website: www.marthasvineyardcf.org
Mission Statement of Martha's Vineyard Community Foundation Inc
Martha's Vineyard Community Foundation Inc, a successor to the Permanent Endowment Fund for Martha's Vineyard, serves as the island's community foundation. Its primary mission is to utilize charitable contributions effectively, addressing community needs and enhancing the quality of life on Martha's Vineyard. The foundation achieves this by making grants, funding scholarships for local students, and building an endowment. The ultimate goal is to provide sustainable resources that preserve and improve the island's lifestyle for generations to come. By putting charitable contributions to work, Martha's Vineyard Community Foundation Inc aims to support the people of Martha's Vineyard, ensuring a vibrant and thriving community.
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Impact
July, 2024
Martha's Vineyard Community Foundation Inc puts charitable contributions to work for the benefit of the Martha's Vineyard community through grants to island non-profit organizations and scholarships to Martha's Vineyard students. By addressing community needs, funding scholarships, and building an endowment, the foundation enhances and preserves the quality of life on the Vineyard for generations to come. Their philanthropic efforts have a direct impact on the well-being and development of the Martha's Vineyard community.
This information is meant to be a general summary of Martha's Vineyard Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $825,789
- Gross Receipts: $10,849,180
Assets and Liabilities:
- Total Assets: $14,166,157
- Total Liabilities: $571,337
- Net Assets: $13,594,820
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Organization Details
Founding Year
1982
Phone
(508) 338-4665Principal Officer
Isabelle Lew
Main Address
PO BOX 243, WEST TISBURY, MA, 02575
Website
www.marthasvineyardcf.orgNTEE Category
Code: T99 - Philanthropy
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