Vineyard Power Development Fund Inc
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$147K
-36.8% YoY
Annual Giving
$194K
+2.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$97K
-49.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $146,744 | $232,081 | $104,358 |
| Revenue | $955,784 | $837,821 | $72,730 |
| Expenses | $951,683 | $684,587 | $202,729 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,453 | $922 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Vineyard Power Development Fund Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Jacobs | Chairman | 0.5 | — |
| Rob Hannemann | Treasurer | 0.5 | — |
| William Lake | Clerk | 0.5 | — |
| Ann Berwick | Director | 0.5 | — |
| Jeff Parker | Director | 0.5 | — |
| Richard Andre | President | 27 | $138,038 |
| Luke Lefeber | Controller & Renewable Dev. Manager | 40 | $138,193 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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