The JUNE 2019 DIGEST includes CCP NEWS - New Report shows Connecticut Giving By Individuals and Foundations Remained Steady in 2016; and Where is #CCP50 Keeps Members Guessing; FEATURED NEWS STORIES - Collective Impact Opportunity Fund Launched with $1.6M; Grant Provides Supports for Hartford Families Impacted By HUD Contract Terminations; and Connecticut's 100-Day Challenges to End Youth Homelessness; Plus -- PHILANTHROPY NEWS LINKS; EVENTS and OTHER OPPORTUNITIES; GRANTS and RFPS; PEOPLE; and JOBS IN PHILANTHROPY!
The Connecticut Council for Philanthropy and the CT Community Nonprofit Alliance surveyed their members in an effort to learn how nonprofits and funders were experiencing and responding to financial challenges.
HARTFORD, CT -- Senate bills 931, 933, and 934 seek to ensure that affordability and accessibility do not stand in the way of families looking to provide this basic resource for their children.
HARTFORD, CT -- CCP follows up on bills SB1137 and SB38, that would have levied new taxes on nonprofits with endowments, pension accounts, or significant savings accounts.
The APRIL 2019 DIGEST includes CCP News - CCP Conference Keynote Open to Nonprofits and Community Leaders; CCP Honors Three with Philanthropy Awards; Where is #CCP50 Keeps Members Guessing; and feature headlines - Stand Against Racism; Successful Civic Life Project Expands to Middle Schools in Northwest CT; "The Green Book: Guide to Freedom" Debuted in Hartford; Liberty Bank Foundation Supports St. Vincent de Paul in Bid for Arts Center; Plus -- POLICY UPDATE; PHILANTHROPY NEWS LINKS; GRANTS & RFPS; PEOPLE and JOBS IN PHILANTHROPY!
Join us to hear about this study, learn about the efforts of the Federal Reeve Bank of Boston on this issue, and hear from an employer and a parent on how the lack of childcare impacts employers and families.
HARTFORD, CT -- Gov. Ned Lamont wants to explore tapping private investors to finance at least some of the hundreds of millions of dollars needed to install electronic tolling on its highways. "We could put in place, probably, a public-private partnership so … we wouldn't have to up front all of that (toll installation) cost," Lamont said while speaking to the Connecticut Council on Philanthropy at the Hartford Hilton Thursday morning.
CCP's Policy Update includes links and information relevant to the CT philanthropic community, including: Governor Lamont's state budget proposal and the Nonprofit Alliance's analysis, news on Census 2020 in Connecticut, an update on impacts of the new tax law, and information on federal universal charitable deduction bills.
HARTFORD, CT -- Jay Williams, president of the Hartford Foundation for Public Giving, gives his perspective on recindivisim, talks about the Foundation's support of the new Reentry Welcome Center in Hartford and the Connecticut’s Commission on Equity and Opportunity's new report, and mentions a new documentary that "will help to bring the voices of returning citizens that are seldom heard to audiences."
The FEBRUARY 2019 DIGEST includes feature headlines: CCP to Hold State Budget Impact Forum; CCP Announces 2019 Conference Keynote Speaker; Call for Philanthropy Awards Nominations; Plus -- POLICY UPDATE; PHILANTHROPY NEWS LINKS; GRANTS & RFPS; PEOPLE and JOBS IN PHILANTHROPY!
HARTFORD, CT -- Lt. Governor Susan Bysiewicz today announced the launch of the Connecticut Complete Count Committee (CCCC) to inform and help direct the State's efforts in the upcoming 2020 Census. Committee members include CCP members Jay Williams, Hartford Foundation for Public Giving; Julio Conception, MetroAlliance and Hartford Chamber of Commerce; and Will Ginsberg, Greater New Haven Community Foundation; and Connecticut Council for Philanthropy President Karla Fortunato.
HARTFORD, CT -- The Connecticut Office of Early Childhood (OEC) today announced it has been awarded an $8,591,087 federal grant. The flexible funds are intended to enable states to design and launch better, more cost-effective systems serving families with young children.
HARTFORD, CT -- Governor-elect Ned Lamont nominated state Sen. Beth Bye to oversee the Office of Early Childhood, an office dedicated to coordinating and improving the state's childhood system.
HARTFORD, Susan Campbell writes about the possible effects the Tax Cuts and Jobs Act will have on charitable giving by individuals. She quotes CCP President Karla Fortunato and CCP's 2018 Connecticut Giving Report, and CCP Board Members Richard Porth, CEO of United Way of Connecticut, and Frances G. Padilla, president of Universal Health Care Foundation of CT.
The DECEMBER 2018 DIGEST includes feature headlines: Tras la Tormenta: Puerto Rico One Year After Maria; 29 Greater Hartford Cities and Towns to Benefit from Town-specific Endowed Funds; Good News: Long Island Sound Report Card Reveals Substantial Improvement; Cross-Sector Strategic Collaboratives Full-Day Workshop Announced; Corporate Foundation to Continue to Serve the Community as a Private Charitable Foundation; Plus -- LEADERSHIP TRAINING; PHILANTHROPY NEWS LINKS; GRANTS & RFPS; PEOPLE and JOBS IN PHILANTHROPY!
BOSTON, MA -- Research on giving in the United States has now produced definitive empirical evidence to show a decline in the participation and amounts donated by “small” and “medium” (actually, median) donors and an increasing reliance on “large” donors. That lead sentence should make every reader stop and envision the future of philanthropy in our democracy. Nonprfit Quarterly's Patrick Rooney writes in support of a universal charitable deduction.
NEW YORK, NY -- The Internal Revenue Service announced today the official estate and gift tax limits for 2019: The estate and gift tax exemption is $11.4 million per individual, up from $11.18 million in 2018. That means an individual can leave $11.4 million to heirs and pay no federal estate or gift tax, while a married couple will be able to shield $22.8 million. The annual gift exclusion amount remains the same at $15,000. For the ultra rich, these numbers represent planning opportunities. For everybody else, they serve as a reminder: Even if you don’t have a taxable estate, you still need an estate plan.
WASHINGTON, DC -- The accelerating concentration of philanthropic power in the hands of the affluent puts nonprofits at risk and can be checked only by significant tax-law changes, argues the latest in a series of reports and critiques focused on big philanthropy. Nearly a third of itemized charitable contributions in 2015 came from households earning more than $1 million annually — up from just 12 percent in 1995, according to the new report. At the same time, the share of giving by average Americans has been declining for most of the 21st century, sapping the strength of national nonprofits that rely on small donations and don’t attract support from the affluent.