NEW HAVEN, CT— Columbus House awarded the John S. Martinez Community Service Award to Liberty Bank Foundation at the nonprofit's annual meeting Dec. 7 at the New Haven Lawn Club.
Philanthropy, Voluntarism & Granting
WESTPORT, CT -- Newman's Own Foundation is facing a very stiff tax penalty that could cause it to sell off its ownership in the food conglomerate that shares its name or even disband altogether if a provision in the tax reform bill currently being deliberated is not included.
RIDGEFIELD, CT -- The Bonnie J. Addario Lung Cancer Foundation (ALCF) and Boehringer Ingelheim Pharmaceuticals, Inc., have joined forces to make the season brighter for lung cancer patients through the Bring Hope Home for the Holidays partnership. This program is helping lung cancer patients make holiday memories across the nation through December 20, 2017.
WASHINGTON, DC -- A decision by the Senate’s parliamentarian could force the sale of the late actor Paul Newman’s food company, and dismantle his charity.
PROVIDENCE, RI -- The Citizens Charitable Foundation today announced the recipients for nearly $250,000 in grants to non-profit organizations serving those in need across the communities served by the bank.
WASHINGTON, DC -- The Newman’s Own Foundation isn’t mentioned in the Senate or House tax bills by name, but appears to be the target of a specific carveout—among the many highly targeted breaks and exemptions in the new GOP tax plans. The unusual structure of the Newman’s Own Foundation, a nonprofit charity that wholly owns a for-profit food company, leaves it vulnerable to a punitive 200 percent tax that would break up the arrangement, and for the past nine years it has spent hundreds of thousands of dollars lobbying Congress to change U.S. law so it can be exempt.