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HARTFORD, CT --A federal tax law reducing the incentive for charitable giving and Connecticut’s continual budget woes are putting a squeeze on the state’s nonprofits, according to experts in the field. The Connecticut Council for Philanthropy and the Connecticut Community Nonprofit Alliance surveyed the state’s nonprofits earlier this year and found 43 percent received or expected to receive fewer donations in 2019 as a result of federal tax law changes, according to data published in May. Individual charitable giving nationwide increased 6 percent from 2015 to 2016, but it decreased 4.5 percent in Connecticut, from $3.81 billion to $3.32 billion, according to CCP’s Connecticut Giving Reports from 2018 and 2019.
BOSTON, MA -- When billionaire Robert E. Smith decided to pay off the student loans of the graduating class of 2019 at Morehouse College, he suggested that others follow his lead. But is there even enough black private wealth in the United States to pay off all black student loan debt?
HARTFORD, CT -- Individuals and foundations in Connecticut made charitable contributions totaling $4.97 billion in 2016, down slightly from $5 billion in 2015, an annual study from the Connecticut Council for Philanthropy finds.
The Community Foundation for Greater New Haven will host an all-day convening about Greater New Haven’s future as a place of opportunity.
HARTFORD, CT -- In CCP's latest Policy Update, we'd like to update you on the State Budget, 2020 Census, and federal issues such as unrelated business tax, SALT workarounds, and a new charity bill. You can also find a link to our newest report: Response to Financial Challenges: Funder - Nonprofit Survey, and information on the public-private partnership between the State of Connecticut and the Dalio Philanthropies.
For member and non-member grantmakers
For member and non-member grantmakers
For members and non-member funders.