NEW YORK, NY -- The state attorneys general of New York, New Jersey and Connecticut joined forces Wednesday, filing a new lawsuit against the Internal Revenue Service over a rule banning charitable contributions to state and local governments in exchange for tax write-offs.
HARTFORD, CT -- As the governor and legislators negotiate a bond package to be considered in the upcoming special legislative session, they are considering not funding the grant program this year. Not funding the grant program would mean that while the state is generating a massive surplus for this fiscal year, as much as $1.6 billion, we would still cut assistance to community nonprofits that provide substance abuse and mental health services, house the homeless, provide residential and day programs for people with developmental disabilities, help people re-enter the community from prison, and promote arts and cultural programs that keep our communities vibrant, to name just a few of the vital programs nonprofits provide.
HARTFORD, CT -- Senate bills 931, 933, and 934 seek to ensure that affordability and accessibility do not stand in the way of families looking to provide this basic resource for their children.
HARTFORD, CT -- CCP follows up on bills SB1137 and SB38, that would have levied new taxes on nonprofits with endowments, pension accounts, or significant savings accounts.
HARTFORD, CT -- We are reaching out to alert you about a state bill filed yesterday that would impact foundations and other nonprofits in the state.
HARTFORD, CT -- Forty-two percent of the 108 nonprofits recently surveyed by the CT Nonprofit Alliance and Connecticut Council for Philanthropy said they saw a decrease in donations in 2018, or expect a downturn this year. Karla Fortunato, president of the Connecticut Council for Philanthropy, which represents grantmakers in the state, can't say for certain why some people seem to be eschewing their regular donations to local nonprofits, but she believes the 2017 federal tax reform law has a lot to do with it.