NEW HAVEN, CT -- New Haven Farms will expand its incubator farm program this growing season to include locations in the Fair Haven and Hill neighborhoods, bringing an additional 25 families to the project. The program is partially funded by the Harvard Pilgrim Health Care Foundation. “The incubator gardener program grew out of requests from our participants in the farm-based wellness program that they wanted to be more knowledgeable and to have the opportunity to grow their own food after having ...
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 ...
CHARLOTTE, NC -- Bank of America marks the 21st anniversary of the Museums on Us program with the announcement of more than 20 new institutions being added to the roster of participating museums and cultural attractions. In 2018, six Connecticut museums are participating in the program.
WOODBRIDGE, CT -- On December 19, at a ceremony held at the Energize Connecticut Center in North Haven, the Amity Teen Center received a Connecticut Neighborhood Assistance Act Tax Credit Program grant from AVANGRID, Inc. for $9,283.98. This grant is aimed at helping community neighborhood organizations . . .
HARTFORD, CT -- The economic impact of three marquee sporting events continue to underscore the significance of local corporations coming through to sustain the events. Eversource's Hartford Marathon, the Travelers Championship and United Technologies Connecticut Open.
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.
WESTPORT, CT -- Newman's Own, the popular purveyor of philanthropic pasta sauce, will be forced to put itself up for sale or pay crushing fines this year due to an obscure provision in the tax code. "It's not a possibility — it's an absolute certainty that we would have to divest," Bob Forrester, chief executive of the Newman's Own Foundation, told CNBC. On Wednesday, Forrester is slated to meet with lawmakers in hopes of a securing a last-minute legislative fix, potentially as part of any deal to fund ...
NORWICH, CT -- Each year, Chelsea Groton Bank and the Chelsea Groton Foundation support more than 200 local organizations through monetary gifts, grants, sponsorships, scholarships and employee volunteerism.
HARTFORD, CT -- Bank of America today announced that Joe Gianni will succeed Kevin Cunningham as market president, serving as the company’s enterprise leader in Hartford. After serving 10 years as market president, Cunningham will focus full-time on his new responsibilities as the Global Commercial Bank Credit executive for Specialized Industries and Canada.
HARTFORD, CT -- Joe Gianni, a veteran Connecticut banker who began his career with a downtown Hartford lender, is the new Hartford market president for Bank of America. As Hartford market president, Gianni will lead its banking and investment teams, as well as oversees the bank's community engagement.
NORWALK, CT -- Person-to-Person has received a $10,000 grant from Newman's Own Foundation for the Emergency Assistance Program which provides food, clothing, financial assistance and casework counseling to the working poor and people experiencing a situational crisis.
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.
HARTFORD, CT -- The Bank of America’s Student Leaders® application period is open through February 1, 2019 for high school juniors and seniors living in or attending school in Bridgeport, Hartford, New Haven, and Stamford.
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.
AMHERST — The Harvard Pilgrim Health Care Foundation, which serves communities in Connecticut, Maine, Massachusetts, and New Hampshire through programs, grants, and service, announced the appointment of Nancy Garrabrants to its board of directors. Garrabrants is the former associate dean of the Center for Agriculture at UMass Amherst, where she was responsible for the Nutrition Education and 4-H Youth Development programs.
Pages