HARTFORD, CT -- Total charitable donations are on the rise in Connecticut, but fewer people are giving, a report released last week from the Connecticut Council for Philanthropy found. In its Connecticut Giving Report, the council shared how both individuals and foundations gave more money in 2015, the latest year for which data is available. Giving from foundations rose from $1.02 billion in 2014 to $1.2 billion in 2015, while individual donations rose from $3.4 billion to $3.48 billion over the same period.
HARTFORD, CT -- Connecticut residents donated an all-time high of $5 billion to charity in 2015, according to a recent report from the Connecticut Council for Philanthropy. However, the number of residents that donate is decreasing, raising questions about the sustainability of these gifts. This article also includes quotes by Julie Loughran, President and CEO of the Connecticut Community Foundation.
HARTFORD, CT -- A new report on charitable giving in Connecticut raises alarms that federal tax changes and the state government’s financial troubles will reduce donations to state charities.
NEW HAVEN, CT -- Charitable giving rose by 11 percent to reach $5 billion in 2015, the most recent year for which data is available, according to the Connecticut Council for Philanthropy. In a report released Tuesday, the council said giving increased across three tracked sources: individuals, bequests and foundations. The majority of Connecticut’s charitable giving in 2015 came from individual donations —both traditional giving and bequests — which rose 76 percent to $3.81 billion.
HARTFORD, CT -- Despite a slow decline in the number of Connecticut foundations and individuals making charitable donations and grants, giving rose 11 percent to a record $5 billion in 2015, the most recent for which data is available, the Connecticut Council for Philanthropy (CCP) said Tuesday. The approximately $500 million increase follows a dip of 3.2 percent the year prior.
HARTFORD, CT - Individuals and foundations in Connecticut gave $5 billion in charitable contributions during 2015, according to the Connecticut Giving Report, an annual publication of the Connecticut Council for Philanthropy.