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.
Member News
SOUTHINGTON, CT -- A regional foundation has awarded over $431,000 to town health organizations and initiatives. The grants were awarded to six local health groups from the Barnes Memorial Trust, which is administered by the Main Street Community Foundation with the goal of advancing the health and well-being of Southington residents.
GREENWICH, CT -- The Greenwich Board of Selectmen unanimously voted to join “Sustainable CT,” a statewide initiative, created by towns for towns, that includes a detailed menu of sustainability be
NEW BRITAIN, CT -- For several years, the Community Foundation of Greater New Britain (CFGNB) has embraced a subtle but important enhancement of its mission, that of community leadership to complement its traditional and fundamental duties as grantmaker. The Foundation has now taken this evolution a step further, awarding nearly $200,000 from within the newly created category of Community Initiative Grants.
ORANGE, CT -- The Avangrid Foundation, the principal philanthropic arm of Avangrid, Inc. and its subsidiary companies, donated nearly $6 million to more than 650 organizations through grants, scholarships and matching gift programs throughout 2017.
NEW LONDON, CT -- The Northeast Connecticut Women and Girls of Fund of The Community Foundation of Eastern Connecticut hosted a Founders Celebration, on Dec. 7, at the Taylor Brooke Winery in Woodstock. Grants totaling $10,015 were given out to five nonprofit organizations and foundations for their work with women and girls in northeastern Connecticut.