Even if you've never been there, you have surely heard of Martha's Vineyard. Located south of Cape Cod, the island is a top vacation spot for tourists all over the country (and the world) in the summer. Perhaps you are already planning on taking a vacation there this year. Well here's something you might not know about this little island: It is home to a ton of nonprofit organizations. They make up 13 percent of the island's GDP, a staggering number by any standard.
In a recent article in Martha's Vineyard Magazine, Peter Temple of Martha's Vineyard Donors Collaborative (MVDC) discusses why nonprofits are so popular on the island. There are a number of reasons, but Temple highlights one in particular: There are many philanthropic issues that need attention there. For such an idyllic location, there are many distressing statistics that hang over the Vineyard. This includes an off-season unemployment rate of over 13 percent, median incomes that are 27 percent lower than the state average, and a major shortage of affordable housing. This has been mainly a result of the huge population growth that the island has seen recently.
With such troubling issues hitting Martha's Vineyard, it's no wonder that nonprofits have found a lot of important work to do there. You can read the full article at MVMagazine.com to learn more about what MVDC does, and the relationship between not-for-profits and the island.