From left to right, Beth Folcarelli, James Anthony, Jill Robie-Axtell, Karen Bissonnette, Ian Ridgeway and Casey Blum.
Addison Antonoff

Bank Grants Help Nonprofit Expansion Plans

The Martha's Vineyard Bank Charitable Foundation gave $500,000 each to Martha's Vineyard Community Services and the YMCA of Martha's Vineyard.

Nonprofit leaders and educators gathered at Camp Jabberwocky Thursday evening to celebrate $1.3 million in grants given by the Martha’s Vineyard Bank Charitable Foundation to support local projects on the Island and in Falmouth. 

The two largest grants of the night went to Martha’s Vineyard Community Services and the YMCA of Martha’s Vineyard, a pair of organizations that are revamping their campuses. The charitable foundation gave the nonprofits $500,000 each.

“Everyone in this room shares a willingness to serve others, to dedicate their time, energy and emotion to creating a better world,” said James Anthony, the CEO of both the bank and the charitable foundation.

Community Services, which offers a plethora of services including mental health care and domestic violence support, is currently operating out of a building that frequently leaks and has walls so thin that it’s difficult to have private counseling. The nonprofit has been working to build a new building for the last five years, and the charitable foundation grant brings Community Services fundraising to $12 million, ensuring that the organization will be able to move forward with construction, said CEO Beth Folcarelli. 

Grants amount up to $1.3 million
Addison Antonoff
Grants amount up to $1.3 million
Addison Antonoff

“What this means for us at Community Services is that this winter, we will put the shovel in the ground,” she said.

The $500,000 awarded to the YMCA of Martha’s Vineyard will also go towards a building expansion. The Y is looking to construct a 39,000-square foot addition to better meet the needs of the community and to expand programing, including part-time toddler care and middle school programs, according to YMCA CEO Jill Robie-Axtell.

“The YMCA was supposed to have a gymnasium and an elevated track and some other program space when it was originally built in 2009,” she said. “The economic crisis was pretty bad, and we didn’t have all the money raised to build the entire thing. Now we’re finally completing the dream.”

Martha’s Vineyard Ocean Academy, which will also be using its $250,000 grant to update the Shenandoah so the vessel can handle more open-ocean voyages and longer excursions. The academy runs a series of programs to help children through sailing.

“For us to be able to continue into the future, we need to build a new facility for our program. Our program just happens to be on a boat,” Ian Ridgeway, the co-founder of the academy, told the Gazette.

The foundation also gave the Falmouth Housing Trust $50,000 to go towards building five new single-family houses. 

“We’re trying to build homes our workforce can afford,” Karen Bissonnette, the trust’s chief development officer, told the Gazette. “We have the same issues the Island has— we don’t have enough workforce.”

Past grant recipients gave updates on what they are doing with the money they have received from the foundation. 

Ben Hughes, an English and music teacher at the Martha’s Vineyard Public Charter School told the crowd Friday about the recording studio he is working to build using an Art of Teaching grant he received from the Martha’s Vineyard Bank Charitable Foundation. He is using the money to buy a microphone, headphones and other equipment for his students.

“A lot of kids are consumers of technology, scrolling all the time,” Mr. Hughes said. “This lets them be producers and artists. It is important for kids to know they can be creators and not just consumers.”

Merrick Carreiro, the food equity director at Island Grown Initiative, also shared news about what the organization is working on with the help of money from the foundation. The charitable foundation last year gave Island Grown Initiative $1 million for a new food pantry in Oak Bluffs, and the project is ready for a ribbon-cutting ceremony later this month.  

“I’m just so proud to be part of all of it, and see how far we’ve come and how much further we’re going to go together,” Ms. Carreiro said. 

Comments

Submitted by Anonymous (not verified) on Fri, 10/18/2024 - 20:25

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Tom Engley West Tisbury

This is a great story about great people doing amazing things for islanders. Martha’s Vineyard Savings Bank is a solid institution we are blessed. Thank You. We need all the good news we can get.

Submitted by Anonymous (not verified) on Sat, 10/19/2024 - 18:56

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Bob Edgartown

Love Ben Hughes’s comment and his teaching style by telling kids they can be creators and not just consumers.

Submitted by Anonymous (not verified) on Mon, 10/21/2024 - 08:30

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Gary Vineyard Haven

This is a great story. Good people doing good things for the island and the people that live here, supported by our local bank. Excellent! One thing though, the grant to MVOA will not be used on Shenandoah...it will be a cornerstone deposit of the building fund for a new ocean going steel schooner, which will allow them to offer their programs year round. Much more is still needed so go to mvoceanacademy.org to donate!

Submitted by Anonymous (not verified) on Thu, 10/24/2024 - 13:41

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Joan Bates Falmouth, MA

We at the Falmouth Housing Trust are sooo grateful to the Martha's Vineyard Bank, and other local banks!, for assisting in the tough work of building affordable housing on Cape Cod. The challenge is a obvious to so many of us, yet hard to resolve, as it is complex and costly. We want to encourage our current young residents to continue to live here AND welcome folks from off Cape as well. Thank you, thank you! Joan Bates, member of the Board, Falmouth Housing Trust

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