Joe Cuzzupoli has always believed in putting his money where it can do the most good. As a longtime resident of Martha’s Vineyard, he saw an opportunity to do just that with a unique investment group – MVYouth.
Founded in 2014, MVYouth is a grassroots organization designed to provide much-needed money to support the young people of Martha’s Vineyard directly through scholarships and indirectly by funding other organizations that provide youth support services.
Joseph Cuzzupoli and forty-six Vineyard families started the organization three years ago, the organization now has seventy founding donors. Funds benefit local groups working with island youth and provides scholarships to high school seniors, offering an alternative to traditional capital campaign fundraising by organizing donors around a shared mission and pooling donations to multiply the impact of each gift.
Founding donors, like Joe Cuzzupoli, make annual donations of $25,000, pledging support for a minimum of four years. In addition, Founders have agreed to underwrite all of the administrative and fundraising expenses, allowing MVYouth to flow through 100 percent of all donations.