The Hartford Foundation for Public Giving handed out a record amount of money in grants last year, breaking its previous record in 2020 during the peak of the COVID-19 pandemic.
The foundation said this beat its previous high of $52.7 million in grants in 2020.
According to unaudited numbers provided by the organization, the Hartford Foundation ended 2022 with total assets of $1 billion. Individuals, families and other groups opened 41 new funds in 2022 The $40.8 million in donations received in 2022 was the largest amount raised in more than two decades, the organization said.
Since the organization was founded in 1925, the Hartford Foundation for Public Giving has awarded more than $948 million in grants.
