CCP News

Monday, July 15, 2019
Federal Tax Cut, State Budget Problems Have Hurt Connecticut Nonprofits

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.

Monday, July 15, 2019
Uncertainty Ahead

HARTFORD, CT -- Hartford Business Journal included CCP President Karl Fortunato's commentary from the "2019 Connecticut Giving Report" in their print publication.

Tuesday, July 9, 2019
CT Charitable Giving Flat at $4.97B

HARTFORD, CT -- Charitable giving in Connecticut remained flat in 2016, the most recent year on record, although the number of individual donors continued to fall, new data show. Total charitable giving in Connecticut for the year totaled $4.97 billion, compared with $5 billion in 2015, according to the Connecticut Council for Philanthropy’s (CCP) latest “Connecticut Giving Report.”

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