HARTFORD, CT -- Gov. Ned Lamont wants to explore tapping private investors to finance at least some of the hundreds of millions of dollars needed to install electronic tolling on its highways. "We could put in place, probably, a public-private partnership so … we wouldn't have to up front all of that (toll installation) cost," Lamont said while speaking to the Connecticut Council on Philanthropy at the Hartford Hilton Thursday morning.
CCP's Policy Update includes links and information relevant to the CT philanthropic community, including: Governor Lamont's state budget proposal and the Nonprofit Alliance's analysis, news on Census 2020 in Connecticut, an update on impacts of the new tax law, and information on federal universal charitable deduction bills.
The FEBRUARY 2019 DIGEST includes feature headlines: CCP to Hold State Budget Impact Forum; CCP Announces 2019 Conference Keynote Speaker; Call for Philanthropy Awards Nominations; Plus -- POLICY UPDATE; PHILANTHROPY NEWS LINKS; GRANTS & RFPS; PEOPLE and JOBS IN PHILANTHROPY!
HARTFORD, CT -- Lt. Governor Susan Bysiewicz today announced the launch of the Connecticut Complete Count Committee (CCCC) to inform and help direct the State's efforts in the upcoming 2020 Census. Committee members include CCP members Jay Williams, Hartford Foundation for Public Giving; Julio Conception, MetroAlliance and Hartford Chamber of Commerce; and Will Ginsberg, Greater New Haven Community Foundation; and Connecticut Council for Philanthropy President Karla Fortunato.
HARTFORD, CT -- The Connecticut Office of Early Childhood (OEC) today announced it has been awarded an $8,591,087 federal grant. The flexible funds are intended to enable states to design and launch better, more cost-effective systems serving families with young children.
HARTFORD, CT -- Governor-elect Ned Lamont nominated state Sen. Beth Bye to oversee the Office of Early Childhood, an office dedicated to coordinating and improving the state's childhood system.
HARTFORD, Susan Campbell writes about the possible effects the Tax Cuts and Jobs Act will have on charitable giving by individuals. She quotes CCP President Karla Fortunato and CCP's 2018 Connecticut Giving Report, and CCP Board Members Richard Porth, CEO of United Way of Connecticut, and Frances G. Padilla, president of Universal Health Care Foundation of CT.
The DECEMBER 2018 DIGEST includes feature headlines: Tras la Tormenta: Puerto Rico One Year After Maria; 29 Greater Hartford Cities and Towns to Benefit from Town-specific Endowed Funds; Good News: Long Island Sound Report Card Reveals Substantial Improvement; Cross-Sector Strategic Collaboratives Full-Day Workshop Announced; Corporate Foundation to Continue to Serve the Community as a Private Charitable Foundation; Plus -- LEADERSHIP TRAINING; PHILANTHROPY NEWS LINKS; GRANTS & RFPS; PEOPLE and JOBS IN PHILANTHROPY!
BOSTON, MA -- Research on giving in the United States has now produced definitive empirical evidence to show a decline in the participation and amounts donated by “small” and “medium” (actually, median) donors and an increasing reliance on “large” donors. That lead sentence should make every reader stop and envision the future of philanthropy in our democracy. Nonprfit Quarterly's Patrick Rooney writes in support of a universal charitable deduction.
NEW YORK, NY -- The Internal Revenue Service announced today the official estate and gift tax limits for 2019: The estate and gift tax exemption is $11.4 million per individual, up from $11.18 million in 2018. That means an individual can leave $11.4 million to heirs and pay no federal estate or gift tax, while a married couple will be able to shield $22.8 million. The annual gift exclusion amount remains the same at $15,000. For the ultra rich, these numbers represent planning opportunities. For everybody else, they serve as a reminder: Even if you don’t have a taxable estate, you still need an estate plan.
WASHINGTON, DC -- The accelerating concentration of philanthropic power in the hands of the affluent puts nonprofits at risk and can be checked only by significant tax-law changes, argues the latest in a series of reports and critiques focused on big philanthropy. Nearly a third of itemized charitable contributions in 2015 came from households earning more than $1 million annually — up from just 12 percent in 1995, according to the new report. At the same time, the share of giving by average Americans has been declining for most of the 21st century, sapping the strength of national nonprofits that rely on small donations and don’t attract support from the affluent.
The OCTOBER 2018 DIGEST includes feature headlines: Disaster Relief Resources for Florence and Michael; Could Connecticut Be the 1st State to End Youth Homelessness?; Sexual Violence Prevention Collaborative to Educate through Youth Sports; Report Shows ALICE Continues to Struggle; New Site Shares Stories of Everyday Good; Network Launched to Advance Women and Girls; ECFC Releases New Connecticut Family Engagement Paper; Transforming Youth Justice Leadership Development Program; Plus -- LEADERSHIP TRAINING; PHILANTHROPY NEWS LINKS; GRANTS & RFPS; EVENTS & OTHER OPPORTUNITIES; PEOPLE and JOBS IN PHILANTHROPY!
HARTFORD, CT -- Conventional wisdom is that the total price charged by the state and its local governments in Connecticut is one of the most burdensome in the country. A common measure upon which this conclusion is based is the total amount we residents pay in state and local taxes, relative to our aggregate personal income, i.e., our capacity to pay. On this basis, the Tax Foundation tells us that Connecticut ranks either first or second highest in the nation, depending on which of two analytic models it uses. However, taxes are not the only price paid to governments. Residents also pay a number of fees and other charges, separate and distinct from taxes. By Bill Cibes
HARTFORD, CT -- While experts say the Malloy administration has made progress on those workforce goals over the past eight years, challenges remain — a point the governor himself concedes as he enters his final four months in office. While Connecticut's workforce remains highly educated and productive, many industries report difficulties filling positions, including manufacturing, construction, transportation and logistics and health care, to name a few.
ROCKY HILL, CT -- According to the 2018 ALICE Report for Connecticut, 40% of households in our state have income which falls below what is needed to pay for basic necessities of housing, food, child care, health care, technology, and transportation.
WASHINGTON, DC -- The U.S. Treasury Department on Thursday issued new rules aimed at preventing taxpayers in Connecticut and other high-income and high-cost states from avoiding a new cap on the deductibility of their state and local taxes. The Internal Revenue Service said in May it would move to thwart the workaround Connecticut, New York, New Jersey, California and a number of other states have taken to avoid the new cap on these popular deductions.
HARTFORD, CT -- Connecticut has repeatedly considered "anti-prison gerrymandering" legislation during the past decade – in 2011, 2013, 2015 and 2016 – but that legislation has failed to pass. A 2013reportby the Prison Policy initiative and Common Cause found that almost half of the state’s prison population comes from the state’s five largest cities, but almost two-thirds of the state’s prison cells are located in just five small towns – Cheshire, East Lyme, Enfield, Somers, and Suffield.
HARTFORD, CT -- Medicaid is best known as a health insurance program that provides coverage to low-income Connecticut residents, but it also plays a key role in the state’s economy, budget, and ability to weather economic challenges, according to a report released this week by the Connecticut Health Foundation.
Connecticut Council for Philanthropy was one of more than 190 foundations and philanthropy serving organizations from across the country to have signed onto a joint Grantmakers Concerned with Immigrants and Refugees (GCIR) statement in support of children and families seeking refuge in the United States.