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Branford Community Foundation Announces New Grant Application Procedures

Release Date: 
01/11/2018

BRANFORD, CT -- In an effort to improve transparency and effectiveness of its grants, the Branford Community Foundation (BCF) has revised its grant making procedures and updated its grant application for 2018. BCF will accept completed grant applications for 2018 between February 1 and March 15, 2018.

Nonprofits to Vie for $100,000 in Giving Day 2018 Prizes

Release Date: 
01/11/2018

NORWALK, CT -- For many nonprofit organizations, Giving Day is their annual opportunity to shine and raise much needed funds to support their missions. Powered by Fairfield County’s Community Foundation, the Fifth Annual Giving Day on March 1st is guaranteed to once again be an inspiring day of philanthropy in Fairfield County benefiting a host of nonprofits. As the February 1st deadline for registration is quickly approaching the Community Foundation is reaching out to nonprofits throughout Fairfield County to join the fun and reap the rewards. Already over 280 nonprofits have registered!

An Obscure Tax Law Might Force Newman's Own to Put Itself Up for Sale

Release Date: 
01/11/2018

WESTPORT, CT -- Newman's Own, the popular purveyor of philanthropic pasta sauce, will be forced to put itself up for sale or pay crushing fines this year due to an obscure provision in the tax code. "It's not a possibility — it's an absolute certainty that we would have to divest," Bob Forrester, chief executive of the Newman's Own Foundation, told CNBC. On Wednesday, Forrester is slated to meet with lawmakers in hopes of a securing a last-minute legislative fix, potentially as part of any deal to fund ...

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Amity Teen Center Receives Grant >>

Release Date: 
01/11/2018

WOODBRIDGE, CT -- On December 19, at a ceremony held at the Energize Connecticut Center in North Haven, the Amity Teen Center received a Connecticut Neighborhood Assistance Act Tax Credit Program grant from AVANGRID, Inc. for $9,283.98. This grant is aimed at helping community neighborhood organizations . . .

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American Savings Foundation Releases New Data Scans for New Britain and Waterbury

Release Date: 
01/11/2018

NEW BRITAIN and WATERBURY, CT -- The cities of New Britain and Waterbury have made significant progress on many key human services issues over the past decade, according to the “2018: A Demographic, Social & Environmental Scan,” reports released by the American Savings Foundation. The Foundation released a separate report for each city. 

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The Giving Fund Deadline Extended

Release Date: 
01/10/2018

DANBURY, CT -- As in previous years, the United Way of Western Connecticut administers the fund at no charge, so 100 percent of the donations go to the cases. Any donations received above the amount needed for a case will benefit underfunded cases. If all are funded, then the money will be used for other United ...

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An Update on the Hurricane Maria Puerto Rico Relief Fund

Release Date: 
01/10/2018

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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Nonprofits Receive $135,965 in Late Fall Grants

Release Date: 
01/09/2018

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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Regional YMCA and Danbury Library team up for Health and Fitness Series for Seniors

Release Date: 
01/08/2018

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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Bank of America Names Joe Gianni Market President for Hartford

Release Date: 
01/08/2018

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.

Newman's Own Threatened With Punitive Tax After Exemption Nixed From Tax Overhaul

Release Date: 
01/05/2018

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.”

Three Rivers Increases Resources For Homeless Students

Release Date: 
01/04/2018

NORWICH, CT -- Recent studies show that up to half of community college students are housing insecure and 14 percent are homeless, so securing resources to assist its students is a priority at Three Rivers Community College. The College has been awarded a $7,000 grant by the Melville Charitable Trust to fund expenses related to the educational and employment goals of homeless students. In addition to the grant funding, Three Rivers is participating in the Youth Count Survey as part of the 2018 CT Coalition to End Homelessness and has named a point person for homelessness on campus.

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