FAIRFIELD, CT -- CCP President Karla Fortunato comments on nonprofits need for new fundraising avenues, especially after the 2017 Federal Tax bill increased the amount that donors had to give to get tax write-offs, and a slow decline in giving.
HARTFORD, CT -- In response to previous reporting by CT Mirror about nonprofits and state budget cuts, CCP President Karla Fortunato penned an op-ed about the value and roles for philanthropy.
HARTFORD, CT -- Connecticut is among the half of states in the nation spending no money on the census, instead relying on philanthropy and networks of volunteer committees to bolster U.S. Census workers, who will try to find and count the millions of Americans who do not respond next spring. CCP President Karla Fortunato is quoted twice and along with CCP Member Jay Williams, President of the Hartford Foundation for Public Giving.
HARTFORD, CT -- Charitable giving data from Connecticut Council for Philanthropy's Connecticut Giving Report is referenced in the Hartford Business Journal's article on nonprofit revenue diversification.
STAMFORD, CT -- CCP President Karla Fortunato comments on public stance of some organizations and contributions received.
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.