NEW HAVEN, CT —Twelve Liberty Bank employees spent the day putting the finishing touches on two side-by-side Habitat for Humanity of Greater New Haven homes at 45 and 47 Vernon Street, New Haven.
DANBURY, CT -- Boehringer Ingelheim Cares Foundation and United Way of Western Connecticut will present their 7th Annual Seminar for Nonprofits on Thursday, September 17, 2018. Through the generous efforts of the Company's internal and external volunteers, the seminar is offered free of charge.
HARTFORD, CT -- The Travelers Companies, Inc. (NYSE: TRV) today announced the start of the 2018 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament features many of the PGA TOUR’s top players, including defending champion Jordan Spieth, as well as Justin Thomas, Rory McIlroy, Jason Day, Brooks Koepka, Paul Casey, Patrick Reed and Bubba Watson. The Travelers Championship donates 100 percent of its net proceeds to charity and has generated more than $38 million since the event began in 1952. Since Travelers became title sponsor in 2007, the Travelers Championship has generated nearly $15 million for more than 700 nonprofit organizations throughout New England, including $1.7 million for more than 160 charities in 2017.
WATERBURY, CT -- More than 50 Webster Bankers spent the school day teaching financial literacy to students at Tinker Elementary School in Waterbury, the largest JA in a Day event of 2018 for the Bank.
WATERBURY, CT -- Webster Bank is pleased to announce that Kathy Luria, senior vice president of community affairs and director of philanthropy, has been named chair of the board of directors of the Connecticut Council for Philanthropy.
PROSPECT, CT -- Lynn Ward, president and CEO of the Waterbury Regional Chamber presents Jim Smith, non-executive chairman and former CEO of Webster Bank, with a solid brass whale in recognition of his many years of dedication to Webster, the city of Waterbury and the Waterbury Regional Chamber.
WESTPORT, CT -- Newman's Own Foundation, founded by the late actor and philanthropist Paul Newman, today announced that it reached the milestone of donating a total of $500 million to charity since Newman's Own started in 1982.
WESTPORT, CT -- In recognition of reaching the milestone of $500 milliondonated to charity, Newman's Own Foundation has launched a #Newmanitarian campaign, calling for acts of kindness. This can include small gestures of being kind, doing good deeds, and extending generosity towards others. Individuals are asked to visit Newmanitarian.org and take a pledge to give back. Newmanitarians can then share the pledge and their good deeds on social media.
NEW YORK, NY -- JP Morgan Boosts Philanthropic Investments: JP Morgan Chase has announced that it will boost its philanthropic investments over the next five years by 40%, to $1.75 billion. The investment is part of a larger commitment to support their ongoing efforts to drive inclusive economic growth in underserved neighborhoods and job training initiatives, and expand its Fellowship Initiative.
NORWALK, CT -- Newman’s Own Foundation has reached the milestone of $500 million in donations since 1982, when the late actor Paul Newman began selling salad dressing and devoting profits to charities. But the foundation is inching closer to a self-proclaimed April deadline at which point it has indicated it could begin the process of soliciting buyers for the operating company that has been the engine that generates its funds. That would happen if Congress does not create an exemption for huge excise taxes it faces under the new Tax Cuts and Jobs Act.
WESTPORT, CT -- Sens. Richard Blumenthal and Chris Murphy wrote to Senate leadership Wednesday asking that a provision to protect the Westport-based Newman’s Own Foundation from a costly tax bill be included in ongoing federal budget negotiations. When Paul Newman died in 2008, ownership of the actor's ...
NEW BRITAIN, CT -- For the eighth consecutive year, employee volunteers from Farmington Bank spent a day at Holmes Elementary School using Junior Achievement curricula to teach the fundamentals of business and economics.
WATERBURY, CT -- Webster Financial Corp., one of the largest Connecticut-based banks, said Thursday it is joining the growing list of companies nationally handing out employee cash bonuses after federal legislation slashed corporate tax rates. Some of the savings from changes in corporate tax law will be shared in the community, boosting Webster's philanthropic endeavors by $1 million beginning this year.
WESTPORT, CT -- Newman’s Own, the Westport food company founded by Paul Newman, faces a crippling tax penalty that threatens the iconic Connecticut’s company’s philanthropic mission. Newman’s Own Foundation owns 100 percent of Newman’s Own food company. The IRS gave the foundation five years to divest from the company. In 2013, it was granted another five-year waiver, which is set to expire in November. When it does, the IRS will levy a 200 percent tax on the foundation’s assets. There are about 25 other charities based on the Newman's Own model, with a for-profit company on one side and a foundation funneling those profits into philanthropy on the other, Forrester said. He plans to return to Washington and redouble his push for a legislative solution. “We’re committed to this, and we’re going to fight for this,” he said. “I think these next six weeks are going to decide things.”
BERLIN, CT -- For 10 years now, Comcast employees based in the Western New England headquarters in Connecticut, along with their friends and family, have knitted and crocheted for a cause. This year the group handmade over 260 hats and scarves, most of which were donated to Operation Gratitude, a non-profit organization that distributes care packages to active-duty troops, as well as veterans, wounded heroes and emergency first-responders. Over 2,000 pieces have been made and donated since the campaign began.
FARMINGTON, CT -- Farmington Bank continued its long tradition of holiday giving, but this year added a twist. Farmington Bank employees delivered wish list items and gift cards, surprising one area nonprofit organization each business day from December 1 through 15.
WESTPORT, CT -- A glitch in the Republican tax overhaul has created an uncertain future for Newman’s Own Foundation and the food company it operates. Under the 1969 tax law, Newman’s Own had five years to divest itself from the business after Newman’s death in 2008, or face a 200 percent tax on its assets. Newman’s Own was able to get congressional support for a waiver to extend that an additional five years. That waiver expires in November 2018.
WEST HARTFORD, CT -- For the sixth consecutive year, Farmington Bank’s West Hartford center branch office was the scene of community goodwill when it hosted the WTIC Holiday Store benefiting The Salvation Army for an entire day.
ORANGE, CT -- The Avangrid Foundation, the principal philanthropic arm of Avangrid, Inc. and its subsidiary companies, donated nearly $6 million to more than 650 organizations through grants, scholarships and matching gift programs throughout 2017.
RADNOR, PA -- Lincoln Financial Group announced today that for the fifth consecutive year, its employees raised more than $1 million for United Way organizations across the country during the company’s annual fundraising campaign. The campaign included activities such as online auctions, golf outings, road races, basket raffles and bake sales in each of Lincoln’s nine major business locations including Hartford, CT.
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