Recent News
NEW BRITAIN, CT -- Since establishing the fund within 48 hours of the devastating hurricane hitting the island of Puerto Rico we’ve collected $41,428 in gifts and grants from individuals and organizations including support from our own foundation and the American Savings Foundation. An additional $7,500 was granted and designated by our Foundation for local efforts raising our total amounted committed to $48,928.
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HARTFORD, CT -- The economic impact of three marquee sporting events continue to underscore the significance of local corporations coming through to sustain the events. Eversource's Hartford Marathon, the Travelers Championship and United Technologies Connecticut Open.
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TORRINGTON, CT -- The Northwest Connecticut Community Foundation has awarded grants to 36 area nonprofit organizations, totaling $135,965 during its third grant cycle of 2017. The Community Foundation awards discretionary grants to Northwest Connecticut charities three times a year: early spring, late June and late fall.
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MANCHESTER, CT -- The SBM Charitable Foundation of Manchester awarded CT Audubon Society a $61,000 grant to bring its award-winning Science in Nature program to elementary school kids in 79 classes in East Hartford, Manchester, Killingly and Putnam.
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NORWALK, CT -- Person-to-Person has received a $10,000 grant from Newman's Own Foundation for the Emergency Assistance Program which provides food, clothing, financial assistance and casework counseling to the working poor and people experiencing a situational crisis.
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HARTFORD, CT -- Joe Gianni, a veteran Connecticut banker who began his career with a downtown Hartford lender, is the new Hartford market president for Bank of America. As Hartford market president, Gianni will lead its banking and investment teams, as well as oversees the bank's community engagement.
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HARTFORD, CT -- Bank of America today announced that Joe Gianni will succeed Kevin Cunningham as market president, serving as the company’s enterprise leader in Hartford. After serving 10 years as market president, Cunningham will focus full-time on his new responsibilities as the Global Commercial Bank Credit executive for Specialized Industries and Canada.
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DANBURY, CT -- The Danbury Library has announced their collaboration with the Regional YMCA of Western CT to offer an innovative ten-week health and wellness program to individuals 55 and over. The Aging Mastery Program® (AMP) was developed by the National Council on Aging, coordinated in Connecticut by Connecticut Community Care and sponsored in part by the Connecticut Community Foundation.
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WESTPORT, CT -- Newman’s Own, the Westport food company founded by Paul Newman, faces a crippling tax penalty that threatens the iconic Connecticut’s company’s philanthropic mission. Newman’s Own Foundation owns 100 percent of Newman’s Own food company. The IRS gave the foundation five years to divest from the company. In 2013, it was granted another five-year waiver, which is set to expire in November. When it does, the IRS will levy a 200 percent tax on the foundation’s assets. There are about 25 other charities based on the Newman's Own model, with a for-profit company on one side and a foundation funneling those profits into philanthropy on the other, Forrester said. He plans to return to Washington and redouble his push for a legislative solution. “We’re committed to this, and we’re going to fight for this,” he said. “I think these next six weeks are going to decide things.”
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NEW BRITAIN, CT -- Workers at Charter Oak State College and the Connecticut Distance Learning Consortium have donated $1,500 to help the Hurricane Maria Puerto Rico Relief Fund. After the hurricane, the Community Foundation of Greater New Britain joined with the American Savings Foundation and the Human Resources Agency of New Britain to create the Hurricane Maria Fund.