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www.HartfordBusiness.com June 20, 2016 • Hartford Business Journal 7 WHAT'S AHEAD: ■ 6/27 Focus: Employee Benefits ■ The List: Highest-paid Executives ■ Nonprofit Profile: CT Coalition to End Homelessness Inc. CALENDAR WEDNESDAY, JUNE 22 CBIA 2016 Compensation & Benefits Conference The Connecticut Business & Industry Association is hosting a day-long seminar on employee benefits June 22, from 8:30 a.m. to 2:45 p.m. at the Radisson Hotel Cromwell, 100 Berlin Road, Cromwell. Topics to be discussed include: the future of employee benefits; pay for performance: retaining and engaging employees; short-term incentives; benefit trends of most successful companies; executive compensation; Millennial benefits; and employee wellness and voluntary benefits, among other topics. Featured speakers include Lindsey Pollak, best-selling author and Millennial-workplace expert. Cost to attend is $186.11 for members; $244.61 for nonmembers. For more information or to register go to: http://www.cbia.com/. F O R A C O M P L E T E L I S T O F G R E A T E R H A R T F O R D B U S I N E S S E V E N T S , G O T O W W W . H A R T F O R D B U S I N E S S . C O M A N D C L I C K O N ' C A L E N D A R . ' A L L C A L E N D A R I T E M S M U S T B E S U B M I T T E D E L E C T R O N I C A L L Y V I A O U R W E B S I T E , H A R T F O R D B U S I N E S S . C O M . MANUFACTURING Senate passes $16.7B in CT defense spending Connecticut's aerospace sector is getting a major boost. Last week, the U.S. Senate ap- proved the National Defense Autho- rization Act for fiscal 2017, which will funnel $16.7 billion to Connecti- cut defense companies. According to U.S. Sen. Chris Murphy (D-Conn.), the bill provides increased funding for Sikorsky Blackhawks he- licopters and the UH-1N Replacement Helicopter Program; advance procure- ment for Electric Boat's Virginia Class submarines and new SSN design; and Pratt & Whitney F-135 engines for the F-35 Joint Strike Fighter. Lindsey Pollak What Can We Do For You? 860.871.1111 www.nemsi.com 166 Tunnel Road, Vernon, CT 06066 Choose an Award-Winning Partner For 50 Years, Clients Have Counted On NEMSI For: • HVAC, Plumbing and Process Piping • Design-Build Construction • Energy Management Systems • LEED Certification Programs • Electrical Services • Comprehensive Preventive Maintenance Programs • 24/7/365 Emergency Response 196 6-2016 196 6-2016 Recent Awards Include: » ABC Platinum Safety Award » ABC Accredited Quality Contractor (ABC-AQC) » ABC Excellence in Construction Award » ABC Specialty Contractor of the Year » Contracting Business First Place Design/Build Award License #s: E1-104939 • S1- 302974 P1- 203519 • F1- 10498 • SM1-192 • MC-1134 Offices in: New London | Trumbull | Pawtucket, RI | Palmer, MA | Manchester, NH | Albany, NY REAL ESTATE State's foreclosure rate drops 16.9 percent Connecticut's foreclosure rate is showing improvement but it still lags behind the national average. In April, 1.7 percent of Con- necticut homes with a mortgage were in foreclosure. The national rate was 1.1 percent. Overall, the state's foreclosure rate was a 16.9 percent im- provement over April 2015, according to CoreLogic, a property information and analytics provider. Completed foreclosures for the 12 months ending April 2016 was 2,669, compared to 5,246 for the 12 months ending April 2015. The serious delinquency rate in Connecticut, which measures home loans more than 90 days past due, is 4 percent, down 24.5 percent from the year-ago period. NONPROFITS Americans donated a record $373B to charity in 2015 Americans have set a new record for charitable giving. U.S. individuals, estates, foundations and companies donated $373.3 billion in 2015, according to the annual report Giving USA. That's 4 percent more than the previous record of $359 billion set in 2014. Individual donors were, by far, the biggest source of charitable contributions, according to the report published by The Giving Insti- tute and the Indiana University Lilly Family School of Philanthropy. Individual giving increased nearly 4 percent to $264.6 billion last year. Meanwhile, donations from foundations jumped 6.5 percent to $58.5 billion and charitable bequests rose 2 percent to $31.8 bil- lion. Corporate giving totaled $18.5 billion, an increase of 4 percent. – CNNMoney Pratt & Whintey's F-135 engine (shown on the production line) will get a boost from federal funding. P H O T O | C O N T R I B U T E D