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.
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.
WASHINGTON, DC -- Nonprofit Quarterly comments on Giving USA's most recent report. With fewer Americans giving to charity, some nonprofits are planning for an uncertain future. Even as "Giving USA" has reported record charitable fundraising three years in a row, the share of Americans who donate to charity is falling.
HARTFORD, CT - Individuals and foundations in Connecticut gave $4.51 billion in charitable contributions during 2014*, according to Giving in Connecticut, an annual report published by the Connecticut Council for Philanthropy (CCP).