HARTFORD, CT -- Joe Gianni, a veteran Connecticut banker who began his career with a downtown Hartford lender, is the new Hartford market president for Bank of America. As Hartford market president, Gianni will lead its banking and investment teams, as well as oversees the bank's community engagement.
HARTFORD, CT -- Bank of America today announced that Joe Gianni will succeed Kevin Cunningham as market president, serving as the company’s enterprise leader in Hartford. After serving 10 years as market president, Cunningham will focus full-time on his new responsibilities as the Global Commercial Bank Credit executive for Specialized Industries and Canada.
DANBURY, CT -- The Danbury Library has announced their collaboration with the Regional YMCA of Western CT to offer an innovative ten-week health and wellness program to individuals 55 and over. The Aging Mastery Program® (AMP) was developed by the National Council on Aging, coordinated in Connecticut by Connecticut Community Care and sponsored in part by the Connecticut Community Foundation.
WESTPORT, CT -- Newman’s Own, the Westport food company founded by Paul Newman, faces a crippling tax penalty that threatens the iconic Connecticut’s company’s philanthropic mission. Newman’s Own Foundation owns 100 percent of Newman’s Own food company. The IRS gave the foundation five years to divest from the company. In 2013, it was granted another five-year waiver, which is set to expire in November. When it does, the IRS will levy a 200 percent tax on the foundation’s assets. There are about 25 other charities based on the Newman's Own model, with a for-profit company on one side and a foundation funneling those profits into philanthropy on the other, Forrester said. He plans to return to Washington and redouble his push for a legislative solution. “We’re committed to this, and we’re going to fight for this,” he said. “I think these next six weeks are going to decide things.”
NEW BRITAIN, CT -- Workers at Charter Oak State College and the Connecticut Distance Learning Consortium have donated $1,500 to help the Hurricane Maria Puerto Rico Relief Fund. After the hurricane, the Community Foundation of Greater New Britain joined with the American Savings Foundation and the Human Resources Agency of New Britain to create the Hurricane Maria Fund.
GREATER NEW HAVEN and FAIRFIELD COUNTY, CT -- Sustainable CT, a new statewide initiative to support Connecticut’s cities and towns, will have its regional launch at two events in the Fairfield and New Haven areas on January 9th, one at the Comstock Community Center, in collaboration with the Western Council of Governments, at 1:00 p.m., and the other in Bowers Auditorium at the Yale School of Forestry and Environmental Studies at 6:30 p.m. The initiative was developed under the leadership of the Institute for Sustainable Energy at Eastern Connecticut State University in partnership with the Connecticut Conference of Municipalities. Three Connecticut philanthropies – the New Haven-based Emily Hall Tremaine Foundation, the Hampshire Foundation, and the Common Sense Fund – have supported the program's development and launch.