Hartford Business Journal

HBJ070824UF

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24 HARTFORDBUSINESS.COM | JULY 8, 2024 FOCUS | NONPROFIT NOTEBOOK The Travelers Championship took place at the TPC River Highlands in Cromwell. CONTRIBUTED PHOTO CVS Health Foundation grants 15 CT nonprofits $750,000 The charitable arm of CVS Health, parent company of Hartford health insurer Aetna, recently announced it has provided $750,000 in grants to 15 nonprofits in Connecticut. The funding came from the CVS Health Foundation's Hometown Fund, which supports nonprofits located where the company has major headquarters operations. In Connecticut, nonprofits located within a 20-mile radius of the city of Hartford were eligible to apply for funding, which can be used for general operating support. Fifteen Connecticut nonprofits were awarded $50,000 each. They included: • COMPASS Youth Collaborative (Hartford) • The Hartford Gay and Lesbian Health Collective (Hartford) • Mercy Housing and Shelter Corp. (Hartford) • Health Equity Solutions (Hartford) • YMCA Hartford Region (Hartford) • The Center for Latino Progress (Hartford) • Dignity Grows (Hartford) • Urban League of Greater Hartford (Hartford) • Cooper Beech Institute (West Hartford) • Keney Park Sustainability Project (Hartford) • North Hartford Partnership (Hartford) • Camp Courant (Hartford) • South Park Inn (Hartford) • UR Community Cares (Manchester) • Prudence Crandall Center (New Britain) According to its most recent 990 tax filing, the CVS Health Foundation, which is headquartered in Rhode Island, in 2022 reported $8.7 million in revenue. It reported total assets of $203 million. Name-your-own-price pizza truck from Newman's Own hits streets this summer Westport-based food company Newman's Own Inc. has debuted a "pay-what-you-want" pizza truck. Customers may name their own price for a slice of pizza from the truck, which will travel across the United States this summer, including to Connecticut. Newman's, which offers a variety of food products from frozen pizza to salad dressing, donates its proceeds to help children facing adversity, through the Newman's Own Foundation. According to its most recent 990 tax filing, the Newman's Own Foundation in 2022 reported $8.7 million in revenue and total assets of $226.9 million. Travelers Championship raises more than $3.2M for charity P roperty and casualty insurer Travelers Cos. announced that this year's Travelers Champi- onship raised more than $3.2 million for about 170 nonprofits in the region. The PGA Tour golf tournament took place at the TPC River High- lands in Cromwell over a four-day period from June 20-23. The world's No. 1 ranked golfer Scottie Schef- fler won the tournament, beating out Tom Kim in a playoff hole. This year brings the total amount generated for charities to more than $30 million since Travelers became title sponsor in 2007, the company said. The Travelers Championship donates 100% of its net proceeds to local charities. This year's primary beneficiary is The Hole in the Wall Gang Camp, a nonprofit based in Ashford, that serves children with serious illnesses. The Travelers Championship is run by the Greater Hartford Community Foundation. According to its most recently available 990 tax form, the foundation in fiscal year 2022 reported $9.43 million in revenue and a $989,521 surplus. It reported total assets of $8.4 million and total liabilities of $6.7 million. Newman's Own was founded in 1982 by actor and philanthropist Paul Newman, who raised his family in Westport and lived there until his death in 2008. Bridge Family Center to open new parenting center in Cromwell The Bridge Family Center plans to open a new parenting center in Cromwell and relocate an existing counseling center in Avon to a larger space in Farmington. The West Hartford-based nonprofit provides services for children and families in Greater Hartford, including a safe haven for those in crisis as well as intervention and prevention programs. The Bridge plans to acquire a commercial building at 600 Corpo- rate Row in Cromwell, where it will open a new parenting center. The 6,100-square-foot building previously housed Trilacon Development Corp. The new parenting center, expected to open in the fall, will operate in tandem with The Bridge's Mosaic Parenting Center at 664 Farmington Ave., in Hartford. The parenting centers handle refer- rals from the Department of Children and Families. They provide training aimed at helping parents regain custody of their children. The Bridge plans to hire 10 to 12 new employees for the new parenting center, which is expected to receive about 4,000 visits annually. Also, The Bridge has reached an agreement to lease 2,530 square feet in an office building at 2 Bridgewater Road, in Farmington, for outpatient counseling services. The organization plans to move its Bridge West Coun- seling Center at 45 West Main St., in Avon, to the new location by Aug. 1, said Margaret Hann, the organiza- tion's executive director. The new Farmington location is more modern and has about 500 square feet of additional space. Hann said the organization received a grant from The Martin Foundation to assist with the relocation. The Bridge's main office is at 1022 Farmington Ave., in West Hartford. Its other two counseling centers, in Vernon and West Hartford, will remain open, in addition to its Family Resource Center at Charter Oak Academy. The Bridge's 990 tax filing for the 2022 fiscal year lists total revenue of $8.7 million and total expenses of $8.2 million. Goodwin University eyes new magnet school in East Hartford featuring an 'astronaut training center' Goodwin University plans to add a new magnet school to its East Hart- ford campus, creating an academic "quadrangle" for career-focused high school students. The Goodwin Industry 5.0 High School would serve 288 students in grades nine through 12. It would have about 36 faculty, administrators and visitors on-site daily, according to a project application that was recently approved, with conditions, by East Hartford's planning and zoning commission. Classes will consist of 18 to 20 students, and the curriculum will be geared toward offering students training in emerging technologies and professions in the state. Through a partnership with the Victorian Space Science Education Centre in Melbourne, Australia, the school will offer an astronaut training center. The new magnet school would be built on what is now a parking lot for Pathways Academy of Technology and Design, which is operated by Hartford Public Schools, at 2 Pent Road. The new four-story building, clad with metal panels, would share campus space with Pathways and the Goodwin University Early College Advanced Manufacturing Center, located across the street at 3 Pent Road. The Goodwin University Magnet Industry 5.0 High School will also include a library, theater and gymnasium. Goodwin University, a nonprofit college founded in 1999, operates a magnet school system that includes Connecticut River Academy, Early College Advanced Manu- facturing Pathway and Riverside Magnet School. According to its most recent 990 tax filing, Goodwin University in 2022 reported $27.4 million in revenue and a deficit of $2.5 million. It reported total assets of $257.9 million.

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