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Hartford Foundation appoints interim president

Patricia Daddona |

Yvette MelÚndez has been appointed interim president of the Hartford Foundation for Public Giving, effective March 20.

CT Council for Philanthropy names new president

Patricia Daddona |

Karla Fortunato, director of the Rockville, Md.,-based Health and Environmental Funders Network (HEFN), has been selected president of the Connecticut Council for Philanthropy (CCP).

CT BBB: Nonprofits beware 'W-2' scam

Gregory Seay |

The Connecticut Better Business Bureau (CT BBB) and the IRS are warning nonprofits to avoid a tax-form scam that previously targeted only businesses.

Hartford nonprofits prep for $10,000 'March Madness' giving tourney

Patricia Daddona |

Hartford is making a full court press to raise money for nonprofits as part of a March Madness style tournament that will pit local charitable organizations against each other in a bid to win $10,000.

Tips for creating a 401(k) plan for your company/nonprofit

John W. Eckel |

When retirement plans first became available, many small and mid-size companies as well as nonprofits had few options. Furthermore, many 401(k) and 403(b) plans had an inherent conflict of interest...

Arena-DeRosa announces sudden departure as Foodshare CEO

Patricia Daddona |

James Arena-DeRosa, president and CEO of Bloomfield-based Foodshare, has resigned for personal reasons and is returning to Boston, according to a brief announcement put out Monday by the nonprofit.

FASB releases major update to not-for-profit reporting

Katrina Olson |

Last August, the Financial Accounting Standards Board (FASB) released the most significant overhaul of not-for-profit accounting and reporting in more than 20 years.

Glastonbury insurance agency directs 50% of profits to charity

Matthew Broderick Special to the Hartford Business Journal |

Chad Yonker, a former hedge fund manager, never intended to own an insurance agency. In fact, his first exposure to GoodWorks Insurance — the Glastonbury-based agency whose business model is...

Nonprofits say privatizing social services could save CT $1.3B

Keith M. Phaneuf | Connecticut Mirror |

Hoping to stave off cuts in the next state budget, nonprofit social service providers said privatizing an array of services for the intellectually disabled and mentally ill could save more than $1.3...

Children's group says tax hikes must be part of CT budget fix

Keith M. Phaneuf | Connecticut Mirror | 1

A progressive children's advocacy group is calling for a major tax increase to help solve the state's latest budget crisis, outlining more than $3 billion in revenue-raising options.

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