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.
NEW BRITAIN, CT -- A local union has donated $1,500 to the Community Foundation of Greater New Britain’s Hurricane Maria Puerto Rico Relief Fund.
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.
NEW BRITAIN, CT -- For the eighth consecutive year, employee volunteers from Farmington Bank spent a day at Holmes Elementary School using Junior Achievement curricula to teach the fundamentals of business and economics.
BRANFORD, CT -- The Branford Community Foundation (BCF) has announced four new board members: Rita Berkson, Stephanie Donegan Dietz, Bob Mobeck, and Colin Sheehan.
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 ...
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 ...
Community Foundation of Greater New Britain and American Savings Foundation Offer Workshops to Help Local Non-Profits Navigate Challenging Times
NORWICH, CT -- Each year, Chelsea Groton Bank and the Chelsea Groton Foundation support more than 200 local organizations through monetary gifts, grants, sponsorships, scholarships and employee volunteerism.
NEW BRITAIN, CT -- United Way of New Britain and Berlin Regional Advisory Board today announced $14,400 in awards for programs and partnerships that benefit children, youth and families in local communities.
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.
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.
STORRS, CT -- Confronting Racism Together: A Model Dialogue, was one of many events that took place at UCONN on the day of metanoia. Valeriano Ramos, Director of Strategic Alliances and Equity Officer at “Everyday Democracy,” co-facilitated the discussion of Nine members of the UConn community – administrators, graduate students and professors alike – on the Konover auditorium stage.
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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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.
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.
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.
WATERBURY, CT -- Webster Financial Corp., one of the largest Connecticut-based banks, said Thursday it is joining the growing list of companies nationally handing out employee cash bonuses after federal legislation slashed corporate tax rates. Some of the savings from changes in corporate tax law will be shared in the community, boosting Webster's philanthropic endeavors by $1 million beginning this year.
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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