Connecticut is the latest state participating in the Federal Reserve Bank of Boston’s Working Cities Challenge competition, an economic development effort that builds cross-sector collaboration and leadership to solve challenges affecting urban communities.
The Connecticut Council for Philanthropy (CCP) has played a significant role as the catalyst and aggregator of matching funds from the private sector for the Working Cities Challenge.
The Connecticut Working Cities Challenge, a grant competition that is designed to support cross-sector, collaborative leadership and ambitious work to improve the lives of low-income people in small and mid-size cities in Connecticut. The Letter of Intent deadline is December 1, 2016. The Design Grant Application deadline is January 31, 2017. Go to the RFP >>
The Connecticut Working Cities Challenge was formally launched in Meriden on October 4. This initiative by the Federal Reserve Bank of Boston is in partnership with local and national funders, and the State of Connecticut.
The Connecticut Council for Philanthropy (CCP) is serving on the resource development committee and is the fiduciary for matching support from local funders. So far, 20 members of CCP have joined the partnership, committing $1,078,000 towards the $1.2M match goal. A total of $3.25M for the initiative will include support from the State of Connecticut and grants from national foundations.
Funding partners to date include: AVANGRID Foundation; Bank of America; Barnes Group Foundation; Berkshire Taconic Community Foundation; Boehringer Ingleheim Cares Foundation; Charter Communications; The Community Foundation for Greater New Haven; The Community Foundation of Eastern Connecticut; Community Foundation of Greater New Britain; Connecticut Community Foundation; The Doris Duke Charitable Foundation; Eversource; Fairfield County's Community Foundation; Hartford Foundation for Public Giving; Hartford Healthcare; Hoffman Auto Group; Jewish Community Foundation of Greater Hartford; The Kresge Foundation; Liberty Bank Foundation; Living Cities; Main Street Community Foundation; NeighborWorks America; New Canaan Community Foundation; Northwest Connecticut Community Foundation; Stanley Black & Decker; The State of Connecticut; Thomaston Savings Bank; Travelers Companies; United Technologies Corporation; Webster Bank; and Valley Community Foundation. (bold-CCP Members)
Photo caption (l-r): Connecticut Working Cities Challenge launch event with Webster Chairman and CEO Jim Smith; Kathy Luria, senior vice president, philanthropy at Webster; Catherine Smith, Commissioner, Connecticut Department of Economic and Community Development; President and CEO, Federal Reserve Bank of Boston Eric S. Rosengren; Peter Mosbacher, senior vice president, community development at Webster; President, Hartford Foundation for Public Giving, Linda Kelly; Lori-Anne Lawton, vice president, corporate CRA and fair lending officer at Webster; Tim Bergstrom, regional president for Greater Hartford at Webster; Dawn Morris, executive vice president and CMO at Webster; and Michael O’Connor, regional president for Greater Waterbury at Webster.