Nonprofit Space: Connecticut
The insights related to the nonprofit space in Connecticut in the areas of corporate governance, organization structure, communication, and fundraising are below. For example, based on the most recent research, donations from foundations and individuals to nonprofits in the state were $1.2 billion and $3.48 billion, respectively, in 2015.
- The Connecticut Revised Nonstock (Nonprofit) Corporation Act sets the duties of a director of a nonprofit corporation as concerns the standard of care and conflicting interest transactions.
- As pertains to the standard of care, a director should discharge his or her duties as a member of the committee in good faith, rely on opinions, information, reports, or statements prepared by the nonprofit's officers, legal counsel, and public accountants, he or she deems to be competent.
- When a director (or family member) has a conflicting interest in a transaction involving the nonstock (nonprofit), the director must not participate in the vote, but can "generally outline the procedures the corporation may use to obtain effective action on the transaction even though he has a conflict."
- The organizational structure of a nonprofit in Connecticut consists of a board of directors, executive, and administrative positions.
- A minimum of three directors, not related to each other, together form the board of directors. Their term runs until the next annual meeting.
- The executive and administrative positions must have a minimum of one officer each, including a president (executive) and a secretary (administrative).
- In their most recent research, the Connecticut Council for Philanthropy found that donations to nonprofit organizations in the state rose from $1.02 billion in 2014 to $1.2 billion in 2015, for foundations, and $3.4 billion to $3.48 billion over the same period, for individual donations.
- Nonprofit organizations in Connecticut receive at least some of their funding through grants like the ones provided by the Serve Connecticut, the Connecticut Commission on Community Service (CCCS), which recently awarded "$2.3 million in federal AmeriCorps State & National funding to eight Connecticut organizations serving residents and communities across the state."
- Fundsnet Services.com provides a list of grants available to Connecticut nonprofit organization.
- According to a study conducted by the Network for Good, an organization based in Connecticut, "nonprofits that went from communicating with donors in just one channel to communicating in two or more ways retained a median of 12 percent more donors than they did previously."
- Additionally, organizations that maintained different channels of communication in 2018 "had a median donation size of $302 compared with $273 for groups that communicated in a single channel."
- The Everyday Democracy, based in Connecticut, as part of its communication strategy, partnered with the University of Arizona to drive community conversations on mental health. This program uses SAMHSA’s toolkit and engages about 26,000 young people in 300 communities with a focus on the tragic school shootings in Newtown.