Philanthropy, Voluntarism & Granting

Thursday, January 4, 2018
Comcast Employees Participate in Operation Gratitude

BERLIN, CT -- For 10 years now, Comcast employees based in the Western New England headquarters in Connecticut, along with their friends and family, have knitted and crocheted for a cause. This year the group handmade over 260 hats and scarves, most of which were donated to Operation Gratitude, a non-profit organization that distributes care packages to active-duty troops, as well as veterans, wounded heroes and emergency first-responders. Over 2,000 pieces have been made and donated since the campaign began.

Thursday, January 4, 2018
Webster Bank Hands Out Bonuses, Boosts Philanthropy After Tax Overhaul

WATERBURY, CT -- Webster Financial Corp., one of the largest Connecticut-based banks, said Thursday it is joining the growing list of companies nationally handing out employee cash bonuses after federal legislation slashed corporate tax rates.  Some of the savings from changes in corporate tax law will be shared in the community, boosting Webster's philanthropic endeavors by $1 million beginning this year.

Read @ Hartford Courant >>
Tuesday, January 2, 2018
Glitch In GOP Tax Bill Creates Uncertain Future For Newman’s Own

WESTPORT, CT -- A glitch in the Republican tax overhaul has created an uncertain future for Newman’s Own Foundation and the food company it operates. Under the 1969 tax law, Newman’s Own had five years to divest itself from the business after Newman’s death in 2008, or face a 200 percent tax on its assets. Newman’s Own was able to get congressional support for a waiver to extend that an additional five years. That waiver expires in November 2018.

Read @ WNPR >>

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