named programs · 3 · from sources
What they call their work
Legacy Gifts
Supports organizations in honor of family members or long-standing relationships, such as the Brenna Center and Mount Kisco Child Care Center.
Permanent Reserve Fund
Grants to sustain long-term initiatives including education, film projects, and scholarship funds.
Sibling DAF Payouts
Annual grants to donor-advised funds managed by family members for charitable distribution.
activities · 3 groups
What they do
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General Operating Support Grants 3 activities
- General support funding to civic and justice organizationsProvides general operating support grants to organizations focused on civic engagement and justice, including Indivisible Civic Engagement Inc and the Brennan Center for Justice, some of which are designated as legacy gifts.
- Program and operational support for education and child care nonprofitsFunds specific programs and permanent reserve funds at nonprofit organizations including Hudson Link for Higher Education in Prison Inc, Mount Kisco Child Care Center, and Sponsors Inc, supporting initiatives such as higher education in prison and long-term financial sustainability.
- Support for health and arts-focused nonprofitsProvides funding to the Nova Institute for Health Inc and The Kundhardt Film Foundation Inc, supporting health-related initiatives and film projects, including contributions to permanent reserve funds.
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Donor-Advised Fund Grantmaking 1 activity
- Funding donor-advised funds for family membersProvides grant funding to support donor-advised funds established by family members, including through financial institutions such as Bank of America Charitable Gift Fund, Goldman Sachs Philanthropy Fund, National Philanthropic Trust, and Fidelity Charitable Gift Fund.
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Local High School Scholarship Programs 1 activity
- Legacy scholarship fund supportFunds the Ron Rappaport Scholar Fund via the Martha's Vineyard Bank Charitable Foundation, supporting scholarship initiatives as part of legacy giving.
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financials · form 990PF · fy2024
revenue
Total revenue$7.85M
Contributions & grants——
Program service revenue——
Investment income$8.62M110%
Other revenue$-773K
expenses
Total expenses$1.78M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$393K
Grants paid out$10.30M
balance sheet
Total assets$209.57M
Cash—
Investments—
Liabilities—
Net assets$209.57M
4 years on record · 2020–2024 · YoY revenue -29.3%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| NANCY MCCABE | PRESIDENT AND TREASURER | 40 | $445K |
relationships · 12
Who they work with
- BANK OF AMERICA CHARITABLE GIFT FUND Partner — Funded to support donor-advised fund for Karen Davis Calico Cat Fund.
- BRENNAN CENTER FOR JUSTICE Partner — Receives general support funding as part of JK/NSK legacy gifts.
- FIDELITY CHARITABLE GIFT FUND Partner — Funded to support donor-advised fund for Pamela Kohlberg.
- GOLDMAN SACHS PHILANTHROPY FUND Partner — Funded to support donor-advised fund for James A Kohlberg.
- HUDSON LINK FOR HIGHER EDUCATION IN PRISON INC Partner — Receives funding for New Beginnings, Finish Line, and Permanent Reserve Fund programs.
- INDIVISIBLE CIVIC ENGAGEMENT INC Partner — Receives general support funding for 2025 501(c)(3) operations.
- MARTHA'S VINEYARD BANK CHARITABLE FDTN Partner — Funded to support the Ron Rappaport Scholar Fund.
- MOUNT KISCO CHILD CARE CENTER Partner — Receives funding in memory of Twink and Jim Wood.
- NATIONAL PHILANTHROPIC TRUST Partner — Funded to support donor-advised fund for Andrew Kohlberg.
- NOVA INSTITUTE FOR HEALTH INC Partner — Receives program support funding.
- SPONSORS INC Partner — Receives legacy gift for permanent reserve fund.
- THE KUNDHARDT FILM FOUNDATION INC Partner — Receives funding for permanent reserve fund and new film projects.