Martha’s Vineyard Savings Bank Charitable Fund announces grants

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The Martha’s Vineyard Savings Bank Charitable Fund, a donor-advised fund with the Permanent Endowment for Martha’s Vineyard, announced its grants for applications received during the final operating quarter of 2014. These include quarterly Charitable Fund Grants totaling almost $10,000 made to Island nonprofit groups, as well as annual Educational Mini-Grants totaling almost $8,000 made to teachers, according to a press release.

The six community nonprofit groups to receive a grant are Martha’s Vineyard Center for Living, for dementia-certificate training; Island Children’s School, for an educational enrichment program; Island Grown Schools, for curriculum and resource toolkits; The Yard, for a youth program; Martha’s Vineyard Film Festival, for an educational enrichment program; and the West Tisbury Free Public Library, for a teen room mobile display.

“At Martha’s Vineyard Savings Bank, we are committed to assisting great organizations that serve our community and contribute to the high quality of life that we all enjoy here,” Bank President Paul Falvey said in a press release.

The bank also awarded a total of 23 Educational Mini-Grants to Island teachers, an increase over previous years. “The number of funded Mini- Grants for each of the past four years since the program’s inception has averaged in the high teens,” said MV Savings Bank grant program coordinator Patti Leighton. “This year, because the bank was able to increase the Permanent Mini-Grant budget by more than 40 percent, we were able to fulfill more applications at the requested amounts, and answered nearly two dozen requests.”

More information about the Martha’s Vineyard Savings Bank Charitable Fund and its community grants program is available online at mvbank.com. Information about the Permanent Endowment is available at endowmv.org.