Philanthropy, Voluntarism & Granting

Monday, November 19, 2018
Insurers Unite to Help 'Seed' Hartford's Financial Reboot

HARTFORD, CT -- The Hartford Business Journal's Partnership Award Winners are The Hartford, Aetna Inc., Travelers Cos., City of Hartford, and the Hartford Public Library. When insurers Aetna, The Hartford, and Travelers Cos. paid a combined $10 million to the city of Hartford this summer, they were making good on a March 2017 pledge to help the city regain its financial footing by providing a $50 million boost — assuming the city forged a comprehensive and sustainable solution to address its fiscal problems. The insurers saw progress in the last year and paid the first installment of what they and the city hope will be four more annual payments of $10 million. Of that first amount, $8.1 million is covering operating expenses of the Hartford Public Library this fiscal year, with the balance going to law enforcement and recreation.

Friday, November 16, 2018
Hartford Foundation will invest $2.9 million for 29 Hartford-area municipalities to fund local initiatives

HARTFORD, CT -- The Hartford Foundation for Public Giving said Thursday it would invest $2.9 million to provide each of the 29 cities and towns it serves with a fund of $100,000 to use as the communities see fit. “We are exceptionally excited about this new approach,” Hartford Foundation President Jay Williams said, noting that it was prompted by his listening tour of the cities and towns the foundation serves.

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