Corporate Philanthropy News and Resources

Find resources and news for CCP member corporate giving programs and corporate foundations.

Corporate Giving News

Tuesday, June 19, 2018
People's United CEO Says $544M Purchase Of Farmington Bank Signifies Confidence In Connecticut

BRIDGEPORT and FARMINGTON, CT -- Bridgeport-based People’s United Financial Inc. said Tuesday its planned acquisition of the parent of Farmington Bank signifies its confidence in the economy of greater Hartford and the rest of Connecticut. “The Greater Hartford area has a solid economy built around vibrant insurance and health care industries, large aerospace manufacturers and many subcontractors, universities as well as emerging tech start-ups,” David Rosato, chief financial officer of the parent of People’s United Bank, said in a conference call with analysts Tuesday.

Monday, June 18, 2018
Travelers Announces the Start of the 2018 Travelers Championship

HARTFORD, CT -- The Travelers Companies, Inc. (NYSE: TRV) today announced the start of the 2018 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament features many of the PGA TOUR’s top players, including defending champion Jordan Spieth, as well as Justin Thomas, Rory McIlroy, Jason Day, Brooks Koepka, Paul Casey, Patrick Reed and Bubba Watson. The Travelers Championship donates 100 percent of its net proceeds to charity and has generated more than $38 million since the event began in 1952. Since Travelers became title sponsor in 2007, the Travelers Championship has generated nearly $15 million for more than 700 nonprofit organizations throughout New England, including $1.7 million for more than 160 charities in 2017.

Wednesday, June 6, 2018
Newman's Own Foundation Announces New Class of Fellows

WESTPORT, CT -- Newman's Own Foundation, founded by the late actor and philanthropist Paul Newman, welcomes a new class of Fellows, as it enters the fourth year of its Fellowship Program. There will be 14 new Fellows starting the program, as 17 Fellows graduate today.

Monday, May 14, 2018
Harvard Pilgrim Awards Quality Grant Funding to 11 Providers for 2018

WELLESLEY, MA -- Physician practices in Connecticut, Massachusetts, Maine and New Hampshire will receive grant funding this year from Harvard Pilgrim Health Care’s Quality Grants Program. Harvard Pilgrim’s 19th annual grant program will fund 11 initiatives up to $100,000 with each designed to improve care delivery and reduce costs within a variety of care delivery models.

Monday, May 14, 2018
Bank of America, Employees Deliver More Than $2.8 Million in Hurricane Harvey Relief

CHARLOTTE, NC -- Bank of America today announced that more than $2.8 million has been delivered to Gulf Coast nonprofits collectively supporting short- and long-term Hurricane Harvey relief efforts. In addition to the previously announced $1 million in Hurricane Harvey relief funding the Bank of America Charitable Foundation committed to nonprofit organizations in the days following the hurricane, an outpouring of support from bank employee donations totaling more than $900,000 was also matched dollar-for-dollar through the company’s Employee Matching Gifts program.

Friday, May 11, 2018
Webster Bankers Teach JA in a Day in Waterbury

WATERBURY, CT -- More than 50 Webster Bankers spent the school day teaching financial literacy to students at Tinker Elementary School in Waterbury, the largest JA in a Day event of 2018 for the Bank.