July 12, 2012

Worthington chairs Hartford area 'Giving Circle'

Andrew R. Worthington

Manchester wealth manager Andrew R. Worthington is the new chair of the Catalyst Endowment Fund at the Hartford Foundation for Public Giving.

The 20-year-old fund issues grants that support nonprofits operating programs devoted to health, housing and education, the Hartford Foundation said Thursday.

A new trend in philanthropy when it started, the foundation says a recent published estimate is that there are 800 giving circles nationally, granting about $100 million a year.

Members of the fund annually choose a topic of concern to study and hold meetings to learn from experts then make grant recommendations. The Hartford Foundation pools and invests donations from members (at least $500 annually per membership) to fund grants.

Worthington is a certified financial planner and partner with Lips Rousseau Partners, a wealth management group with UBS Financial Services in Hartford.

A graduate of Colby College, he previously held commercial banking positions with Shawmut National and Webster Bank. He also is an overseer at The Bushnell Center for the Performing Arts.

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