HARTFORD, CT -- The Hartford Business Journal's Partnership Award Winners are The Hartford, Aetna Inc., Travelers Cos., City of Hartford, and the Hartford Public Library. When insurers Aetna, The Hartford, and Travelers Cos. paid a combined $10 million to the city of Hartford this summer, they were making good on a March 2017 pledge to help the city regain its financial footing by providing a $50 million boost — assuming the city forged a comprehensive and sustainable solution to address its fiscal problems. The insurers saw progress in the last year and paid the first installment of what they and the city hope will be four more annual payments of $10 million. Of that first amount, $8.1 million is covering operating expenses of the Hartford Public Library this fiscal year, with the balance going to law enforcement and recreation.
Member News
New Fund to Assist College Students Struggling to Complete Degrees During Era of Shrinking Sources of Financial Aid; Foundation Jumpstarts Fund with $10,000 Gift
HARTFORD, CT -- The Hartford Foundation for Public Giving said Thursday it would invest $2.9 million to provide each of the 29 cities and towns it serves with a fund of $100,000 to use as the communities see fit. “We are exceptionally excited about this new approach,” Hartford Foundation President Jay Williams said, noting that it was prompted by his listening tour of the cities and towns the foundation serves.
NEWARK, NJ -- In response to the ongoing wildfires throughout California that have devasted communities and displaced thousands, Prudential is committing $100,000 to the California Community Foundation and has launched an employee matching gifts campaign of up to $25,000 to California Fire Foundation.
NEW LONDON, CT -- In partnership with Comcast, New London’s Harbor Elementary School recently hosted the History Channel's Take A Veteran to School Day. Comcast employees who served in the armed forces, some of whom are still serving, spent the morning in 4th and 5th grade classrooms talking to the students about their military experience.
BLOOMFIELD, CT -- The Cigna Foundation is donating $25,000 to the American Red Cross to help California residents recover from wildfires sweeping the state, and will match Cigna employee donations made to the American Red Cross, up to $100,000.