NEW YORK, NY -- JP Morgan Boosts Philanthropic Investments: JP Morgan Chase has announced that it will boost its philanthropic investments over the next five years by 40%, to $1.75 billion. The investment is part of a larger commitment to support their ongoing efforts to drive inclusive economic growth in underserved neighborhoods and job training initiatives, and expand its Fellowship Initiative.
WASHINGTON, DC -- After months of fighting over aid to last summer’s hurricane-hit communities, Congress finally approved a compromise budget bill earlier this month that will provide millions of dollars to help schools care for displaced students. The budget bill provides $8,500 for each displaced student, $9,000 for each one that is not English-speaking like Nairelys and Jason, and $10,000 for disabled students requiring special education.
WASHINGTON, DC -- Understanding that stable homes provide an important platform for individual success and thriving communities, nine of the nation’s largest private foundations, including The Melville Charitable Trust, have joined forces to create the Funders for Housing and Opportunity collaborative with the goal of ensuring individuals and families across America who spend more than half of their income on rent -- or have no homes at all -- will be able to afford safe, stable rentals in thriving communities. Together, Funders for Housing and Opportunity will commit grant dollars that will be used to catalyze systemic change; $4.9 million has already been committed to four grantees over the next three years.
HARTFORD, CT -- The Hartford Foundation is pleased to announce the hiring of Michael Wotorson and Carin Buckman as senior officers in the Foundation’s community investments and communications and marketing departments, respectively.
WATERBURY, CT -- Webster Bank today announced it is donating $20,000 to the United Way of Central and Northeastern Connecticut’s Neighbors in
FARMINGTON, CT -- More than $1.1 million in sponsorships and grants were given by Farmington Bank and its charitable arm, the Farmington Bank Community Foundation, to more than 450 non-profit organizations in Connecticut and Massachusetts in 2017, the Bank announced today.