SAN FRANCISCO, CA -- The number of new accounts at Schwab Charitable rose 91 percent from July to December last year, over the same period in 2016, the philanthropic-services provider announced Tuesday. The bulk of the grant making occurred from July to December, when Schwab donors gave $900 million through 230,000 grants.
Philanthropy News
HARTFORD, CT -- In early 2018, up to five winning teams will be selected for larger Working Cities Challenge awards expected to be $450,000-$475,000 to implement their initiatives over a three-year period.
PUERTO RICO -- Inside Philanthropy reports on the status Puerto Rico recovery and the funding status of both the public and private sectors. The rush of the daily news cycle can obscure the fact that to this date, millions of American citizens are still facing a humanitarian crisis. Puerto Rico's path to recovery has been a slow one, exacerbated by a stuttering response from the federal government.
WASHINGTON, DC -- Financial site WalletHub ranked all 50 states by how much they donate and volunteer. Criteria includes volunteer hours per capita, share of population raising funds, share of income donated and public charities per capita among other indicators. Connecticut ranks number eleven overall withe specially high marks in "percent of population that donated" and "charities per capita."
TORINGTON, CT -- One of the most exciting initiatives we have undertaken this year is the Boston Federal Reserve Working Cities Challenge. The City of Torrington and the Chamber are the co-leads. It features a competition for three year grant funds in ten selected postindustrial cities in Connecticut.
MIDDLETOWN, CT -- Middletown received a $15,000 design grant to develop a plan to improve the lives of low-income Middletown residents by decreasing poverty rates among single heads of household with children under 18, hoping to reduce our current rate of 41 percent to our goal of 25 percent over the next 10 years. Since March, a collaborative team led by Middlesex United Way, The Connection and the city of Middletown, representatives from over 30 other organizations and businesses and Middletown residents have been meeting monthly to develop a plan to achieve this goal, and in turn, improve the lives of low-income residents.