Public Charity

Vineyard Power Development Fund Inc

Based in Vineyard Haven, MA, Vineyard Power Development Fund Inc operates as a Public Charity. The organization reported $956K in revenue, $952K in expenses, $147K in total assets for fiscal year 2024. Imperigo tracks 3 reported grants from this foundation totaling approximately $384K.

EIN: 872762989 Vineyard Haven, MA Private Grantmaking Foundations NTEE: T20 Latest filing: 2024
Total Revenue$956K
Total Expenses$952K
Total Assets$147K
Grants Given3
Grant Total$384K
Filing Years2021–2024

Mission

We are located on Martha's Vineyard and our mission is to foster the production of electricity from local, renewable resources while enhancing resiliency at our community's critical facilities and ensuring equitable access for all residents and businesses. Our vision for the island is to be 100% renewable in electricity, transportation, and heating by 2040.

Sample Grants Given

Cape Light Compact JPE
South Yarmouth, MA · 2024
Cape Light Compact JPE is a joint powers entity established under M.G.L. c. 40, 4A to administer power supply services and energy efficiency programming for all twenty-one towns on Cape Cod and Martha's Vineyard in accordance with M.G.L. c. 164 134(a) & (b), respectively. As such, the Cape Light Compact, through its power supply services, has access to income eligibile ratepayer usage data and billing information. Grant funds were remitted to the Cape Light Compact for the purposes of delivering bi-annual distributions of funds to all electric customers on Martha's Vineyard receiving supply from the Compact on the R-2 and R-4 discounted electric rates to effectively subsidize electricity for income eligible ratepayers.
$153,753
Island Housing Trust
Vineyard Haven, MA · 2024
The purpose of the grant is to provide funds for IHT to develop a 127 kW DC solar photovoltaic array for it's Kheun's Way affordable housing project.
$40,000
Cape Light Compact
South Yarmouth, MA · 2023
Resilience and Affordability Program - To assist low-income ratepayers reduce energy costs.
$190,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

Director Ann Berwick
Director Jeff Parker
Controller & Renewable Dev. Manager Luke Lefeber
Chairman Michael Jacobs
President Richard Andre
Treasurer Rob Hannemann

Officer compensation and complete director data available with membership.

Top Grant Purposes

Resilience and Affordability Program - To assist low-income ratepayers reduce energy costs.
$190,000 1 grant
Cape Light Compact JPE is a joint powers entity established under M.G.L. c. 40, 4A to administer power supply services and energy efficiency programming for all twenty-one towns on Cape Cod and Martha's Vineyard in accordance with M.G.L. c. 164 134(a) & (b), respectively. As such, the Cape Light Compact, through its power supply services, has access to income eligibile ratepayer usage data and billing information. Grant funds were remitted to the Cape Light Compact for the purposes of delivering bi-annual distributions of funds to all electric customers on Martha's Vineyard receiving supply from the Compact on the R-2 and R-4 discounted electric rates to effectively subsidize electricity for income eligible ratepayers.
$153,753 1 grant
The purpose of the grant is to provide funds for IHT to develop a 127 kW DC solar photovoltaic array for it's Kheun's Way affordable housing project.
$40,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $956K $952K $147K
2023 $838K $685K $232K
2022 $73K $203K $104K
2021 $96K — $96K

Between 2021 and 2024, reported annual revenue grew from $96K to $956K (+895%), with total assets most recently reported at $147K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA.

MA

Full geographic grant map with state-by-state breakdown available with membership.

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