A new study of nonprofits finds almost half are challenged by the Affordable Care Act. Most are also struggling to understand its requirements.In 2014, 92 percent of surveyed nonprofits felt they had at least a moderate understanding of the law; in 2015 that number fell to 47 percent. In 2014, 18 percent of nonprofit employers […]
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A new study of nonprofits finds almost half are challenged by the Affordable Care Act. Most are also struggling to understand its requirements.
In 2014, 92 percent of surveyed nonprofits felt they had at least a moderate understanding of the law; in 2015 that number fell to 47 percent. In 2014, 18 percent of nonprofit employers felt that they were extremely knowledgeable of the ACA; only 5 percent made that claim in 2015.
PPI Benefit Solutions of Wallingford conducted the 2015 Nonprofit Employee Benefits Survey. It measures and tracks benchmarks of private, nonprofit employee-benefit plans.
What could be potentially troubling for nonprofits is a lack of understanding of the financial impact of the Affordable Care Act. PPI found 56 percent of surveyed nonprofits have not calculated the cost of compliance with the act, and 45 percent consider its implementation “very challenging” when providing employee benefits.
Although few nonprofit organizations plan to eliminate healthcare benefits or reduce their premium contributions as a direct result of the ACA, they continue to seek savings through plan design or by decreasing employee contributions, thus shifting more cost to workers.
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Foodshare will be receiving a $28,500 grant from the Ford Motor Company Fund. The grant will help the food bank distribute nutritious food to people in need throughout Hartford and Tolland counties.
Foodshare has also received a $30,000 grant from the Lincoln Financial Foundation in support of its 2015 Fight Hunger at the Holidays campaign, a community-wide initiative to meet the needs of hungry residents during the holiday season and beyond. This grant will help Foodshare ensure that food insecure families living in the Hartford area have a turkey on Thanksgiving, as well as access to the food they need all year long.
Foodshare works with 300 food pantries, meal programs, community centers and shelters to annually distribute 12 million meals to people throughout Greater Hartford.
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The Greater Hartford Arts Council has announced the recipients of its 2016 Arts+Wellness Grants totaling $10,000.
The grants, supported by UnitedHealthcare, were given to four local arts organizations including the Ballet Theater Company, Hospital for Special Care, the University of Saint Joseph's Autorino Center for the Arts and Humanities, and the Veteran's Art Foundation.
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The Main Street Community Foundation will receive a $300,000 grant from the Vincent Mulford Foundation to support current funds and initiatives. These funds include: The E. Bartlett Barnes Award of Journalism Fund; Money in Motion Fund; Family Homelessness Initiative; and Main Street Community Foundation Endowment Fund.
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Fidelco Guide Dog Foundation has been awarded a grant of more than $100,000 from the U.S. Department of Defense to place two of its German Shepherd guide dogs with service members or veterans who experienced injuries while on active duty that resulted in visual impairment.
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