HARTFORD, CT -- In response to previous reporting by CT Mirror about nonprofits and state budget cuts, CCP President Karla Fortunato penned an op-ed about the value and roles for philanthropy.
The OCTOBER 2019 DIGEST includes FEATURED NEWS STORIES - Foundation Bolsters Community Organizing in Waterbury; College Students in Eastern CT Hear from Journalists of Color; Community Voice Amplified with Get Out the Vote and Census Efforts; DanburyWorks Improves Employment Prospects; Early Literacy Initiatives to Increase Word Exposure; Regional Wellbeing Illuminated in Four New Reports; 397 Young People Connected to Housing in 100 Days; Plus -- PHILANTHROPY NEWS LINKS; EVENTS and OTHER OPPORTUNITIES; GRANTS and RFPS; PEOPLE; and JOBS!
The AUGUST 2019 DIGEST includes FEATURED NEWS STORIES - Foundation Releases Guide to Community and Clinical Partnerships; BOA and Housatonic Community Foundation Partner to Advance Women in Tech; Cigna Foundation Announces Availability of $5 Million in Grants to Reduce Child Food Insecurity; New Fund Awards More than $1 M in First Round of Local Grant Funding; High School Manufacturing Academy and Foundation Launch MET Fund; Plus -- POLICY UPDATE; PHILANTHROPY NEWS LINKS; EVENTS and OTHER OPPORTUNITIES; GRANTS and RFPS; PEOPLE; and JOBS!
WASHINGTON, DC -- Connecticut tax professionals are warning clients that the IRS may not let them keep benefits from a state program designed to ease the pain of the tax law’s cap on state and local deductions.
NEW YORK, NY -- The state attorneys general of New York, New Jersey and Connecticut joined forces Wednesday, filing a new lawsuit against the Internal Revenue Service over a rule banning charitable contributions to state and local governments in exchange for tax write-offs.
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.