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HARTFORD, CT -- The residents of Connecticut are the fifth most generous in the nation, according to a new analysis by the financial website WalletHub.
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BERLIN, CT -- The Comcast Foundation announced, today, that they have awarded over $20,000 in grants to 15 Connecticut organizations in support of their volunteer efforts during Comcast Cares Day, which took place earlier this year.
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BLOOMFIELD, CT -- A three-year, $310,000 grant from the Cigna Foundation will enable March of Dimes to expand a new model of group prenatal care – Supportive Pregnancy Care – designed to help improve the health of moms and babies during pregnancy, labor and delivery and infancy.
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NEW YORK, NY -- Starting this fall, and well into the future, medical students at New York University will get free tuition. In a few years, shiny new facilities will welcome cancer patients in Atlanta and brain researchers at Stanford. The announcements about these developments credit generous philanthropists, but fail to mention who else is footing much of the bill: American taxpayers. Like most charitable giving, health care philanthropy is tax-deductible. When wealthy people give away millions of dollars, their tax bills go down. But that leaves the rest of us either to pick up the slack or go without the investments that our government could have made with those funds.
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WASHINGTON, DC -- The consumer orgies of Black Friday, Small Business Saturday, and Cyber Monday have a rapidly growing nonprofit rival: Giving Tuesday, which celebrates its seventh year today. Begun by a coalition hoping to reinvigorate giving in the United States during the holiday season, Giving Tuesday has turned into a philanthropic juggernaut: Last year, the day moved at least $300 million to nonprofits by mobilizing hundreds of thousands of people, many of them infrequent donors, to give to charities of their choosing. Giving Tuesday champions the welcome spirit of ordinary donors and the amazing diversity of American charity. But when it comes to philanthropic giving in the United States, it proves the exception to a stubborn rule.
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NORWALK, CT -- Fairfield County’s Community Foundation (FCCF) has announced the appointment of a new Chair for its Board of Directors, as well as, the addition of three new Board members. A new slate of officers was also appointed.
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NEWINGTON, CT -- Farmington Bank was acquired by People’s United Bank effective October 1, 2018. The Farmington Bank Community Foundation, which served as the charitable arm of First Connecticut Bancorp. Inc, the holding company of Farmington Bank, will continue on as a private charitable foundation.
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WASHINGTON, DC -- On the cusp of its 50th anniversary in 2019, the NEA Foundation, a public charity founded by educators for educators, today announced that Sara Sneed, a nationally recognized champion of public education, will succeed Harriet Sanford as president and CEO of the NEA Foundation on March 1, 2019.