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Philanthropy

Wealthy New Canaan Financier Killed In Ireland; Son Charged With Fatal Attack: Reports Wealthy New Canaan Financier Killed In Ireland; Son Charged With Fatal Attack: Reports
Wealthy New Canaan Financier Killed In Ireland; Son Charged With Fatal Attack: Reports A Connecticut financier was killed at an Ireland hotel after he flew from the United States to care for his mentally ill son. Now his son is charged with the assault that killed him, the BBC reported. New York City resident Henry McGowan, age 30, of Brooklyn, is accused of killing his father, 66-year-old John McGowan, of New Canaan, on Tuesday, Nov. 12, the outlet said.  The New York Times reported that Henry flew to Ireland earlier this week to stay at Ballyfin Demesne, a hotel in County Laois. Henry suffers from bipolar disorder, and when John learned his son had left the count…
CT Filmmakers Up For Emmy For Documentary On ABC Journalist Nearly Killed In Iraq CT Filmmakers Up For Emmy For Documentary On ABC Journalist Nearly Killed In Iraq
CT Filmmakers Up For Emmy For Documentary On ABC Journalist Nearly Killed In Iraq Two young Connecticut filmmakers have made it to the finals for a Student Emmy for their documentary on ABC journalist Bob Woodruff, who nearly died covering the war in Iraq and his work to help troops who suffered the same fate as him.  Emily Sedgwick and Devan Jordan, both 2024 Sacred Heart Greenwich alumnae, made the movie titled "Upon Return." The documentary won-out over thousands of entries to make the finals for the illustrious prize.  Woodruff was riding on top of a tank in 2006 in Iraq when it was hit by an IED. The blast nearly killed the then anchor of ABC's "World News…
Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List
Greenwich Hedge Fund Manager Named One Of America's Richest People; 4 More In CT Make List Forbes released its annual list of the nation's 400 richest Americans this week, and a Connecticut hedge fund manager ranked among the top 40. In all, five billionaires call the Nutmeg State home.  Steve Cohen, who runs Point72 Asset Management headquartered in Stamford, was ranked 39th among the richest Americans, and the richest person in Connecticut.  According to Forbes, the 68-year-old Greenwich resident is worth an estimated $21.3 billion, a massive increase from when he was worth $13.6 million in 2019.   Cohen purchased the New York Mets in 2020.  Related:…
Wayback Burgers To Hold Grand Opening For New Fairfield County Location Wayback Burgers To Hold Grand Opening For New Fairfield County Location
Wayback Burgers To Hold Grand Opening For New Fairfield County Location Do you feel like biting into a big burger and slurping down a hand-dipped milkshake?  Then head to Monroe, where a new Wayback Burgers will host its grand opening on Saturday, June 22, at 9:30 a.m. During the festivities, guests can enjoy a Buy One, Get One free classic burger in-restaurant. Entertainment will be on-site, and guests can also enter to win prizes, including Apple AirPods and a virtual reality headset. Wayback Burgers Known for their "cheesy burger," fries, tater tots, and hot dogs, the Monroe restaurant is owned by local Sonny Desai, who will present a $2,500 check to…
Young Charity Founder From Danbury Makes TV Appearance On Nickelodeon: 'We Are So Proud' Young Charity Founder From Danbury Makes TV Appearance On Nickelodeon: 'We Are So Proud'
Young Charity Founder From Danbury Makes TV Appearance On Nickelodeon: 'We Are So Proud' A high school freshman from Connecticut who got her start in philanthropy at a young age was featured on the popular national television network Nickelodeon for her charity work.  Fairfield County resident Chelsea Phaire, a freshman at Immaculate High School in Danbury, appeared on Nickelodeon's "Nick News" show on Wednesday, Dec. 20, school officials announced.  The network reached out to Phaire to put the spotlight on her nonprofit organization, Chelsea’s Charity, which she founded at age 10 to provide art supplies to children in need.  Phaire's in…
Woman Who Hit, Killed Meghan Raveis Had 3 Kids In Jeep, Warrant Says Woman Who Hit, Killed Meghan Raveis Had 3 Kids In Jeep, Warrant Says
Woman Who Hit, Killed Meghan Raveis Had 3 Kids In Jeep, Warrant Says The Connecticut woman who hit and killed Meghan Raveis, a member of the William Raveis Real Estate Company family, had three children in her car when the crash occurred, according to authorities. The arrest warrant for Fairfield County resident Meghan Rice, age 51, of Newtown, describes the incident which took the life of the 45-year-old mother of three on Friday, June 23 on Redding Road in the town of Fairfield as she was out for a walk. When Fairfield Police arrived on the scene, they found a neighbor performing chest compressions on Raveis who had been thrown out of her shoes more t…
Beloved Mom, Pillar In Community: Death Of 45-Year-Old Woman Mourned In Fairfield Beloved Mom, Pillar In Community: Death Of 45-Year-Old Woman Mourned In Fairfield
Beloved Mom, Pillar In Community: Death Of 45-Year-Old Woman Mourned In Fairfield New Update: Member Of Raveis Real Estate Family Killed In Crash Remembered For 'Loving Heart' The death of a well-known mother, wife, and fundraiser who was a member of the William Raveis Real Estate Company family has shaken the Connecticut community where she lived after she was struck by a car while taking a walk. Fairfield County resident Meghan Raveis, age 45, died just before 3 p.m. on Friday, June 23 in the town of Fairfield, in the 500 block of Redding Road. "My heart breaks for the Raveis family," said Fairfield First Selectwoman Brenda L. Kupchick. "It’s a horrible tra…
Brand-New Forbes Rankings Reveal Richest CT Residents Brand-New Forbes Rankings Reveal Richest CT Residents
Brand-New Forbes Rankings Reveal Richest CT Residents The old saying the rich get richer isn't true this year according to Forbes which just came out with their top 400 wealthiest people in the country for 2022. As a group, the 400 are worth $4 trillion to $500 billion less than last year and for the first time since the Great Recession, the minimum net worth to make the list is down $200 million to $2.7 billion amid the market selloff. But of course, there are still plenty in Connecticut who made the list ranging from hedge fund owners to inherited wealth. So who are the richest people in Connecticut? Here are the top-ranked folks who made t…
These CT Residents Rank Highest On New Forbes Richest People List These CT Residents Rank Highest On New Forbes Richest People List
These CT Residents Rank Highest On New Forbes Richest People List A group of Connecticut businessmen and women are among the wealthiest in the country, according to the latest Forbes ranking. The global media company released the Forbes 400 of 2021, which includes several familiar faces to Connecticut residents highlighted by hedge fund mastermind Ray Dalio. Each year, Forbes runs the numbers to determine the wealthiest residents in each of the 50 states, including more than 750 candidates who were whittled down to the top 400 wealthiest Americans. According to Forbes, their reporters interviewed employees, handlers, peers, rivals, and attorneys whi…
Founder Of Caldor Dies At Fairfield County Home Founder Of Caldor Dies At Fairfield County Home
Founder Of Caldor Dies At Fairfield County Home Fairfield County entrepreneur, philanthropist, and founder of the Caldor department store chain, Carl Bennett, has died at the age of 101. Bennett died at his home in Greenwich on Thursday, Dec. 23. The Caldor empire came to be while working with his late wife, Dorothy Bennett, who together turned an $8,000 military salary savings into a chain of discount department stores that spanned from the 1950s to the mid-1980s when he sold his 120 store business to Associated Dry Goods. Raised above his father's grocery store located in Greenwich, on Steamboat Road, Bennett Grocers, with his two sis…
Russia Bans College In Region It Calls 'Undesirable,' Report Says Russia Bans College In Region It Calls 'Undesirable,' Report Says
Russia Bans College In Region It Calls 'Undesirable,' Report Says Russia has prohibited academic ties with a college in New York, naming it an "undesirable nongovernmental organization." On Friday, Aug. 6, the Albany Times Union reported that activities at Bard College, located in Dutchess County, in Annandale-on-Hudson, were deemed "undesirable" by the General Prosecutor’s Office of the Russian Federation in June. Russia did not cite a specific reason for the designation, but hundreds of millions of dollars in charitable gifts given to the college by Hungarian-born American billionaire investor and philanthropist George Soros were cited by…
Popular Ridgefield Restaurant Owner Dies At Age 80 Popular Ridgefield Restaurant Owner Dies At Age 80
Popular Ridgefield Restaurant Owner Dies At Age 80 A much-beloved restaurant owner and philanthropist in Fairfield County has died. Dimitrios Paschalidis, age 80, died Thursday, April 1, at his home in Norwalk.   He was born August 20, 1940, in the northern village of Saint Dimitrios, Kozani, Greece.  The co-owner of Dimitri’s Diner and Gyro on Pita, both in Ridgefield, Paschalidis died after surgery performed due to aggressive cancer, according to Dimitri's staff.  "We are beyond saddened by the loss of Dimitri," the staff at Dimitri's said. "There is a hole in our hearts" Before moving to the United States in 1968 in search of a bette…
John Oliver Salutes Danbury For Response To Rant, Makes $55K Donation Offer, With Conditions John Oliver Salutes Danbury For Response To Rant, Makes $55K Donation Offer, With Conditions
John Oliver Salutes Danbury For Response To Rant, Makes $55K Donation Offer, With Conditions John Oliver is showing that like Danbury Mayor Mark Boughton, he can take it as well as he dishes it out. During the latest episode of “Last Week Tonight,” on HBO Sunday night, Aug. 30, Oliver offered to donate $55,000 to charities in Danbury if Boughton followed through on the joke of renaming the city’s sewage plant in his honor. Original story - War Of Words Escalates Between Comedian John Oliver, Danbury Mayor Mark Boughton Oliver said that he would donate $25,000 to the Connecticut Food Bank, $25,000 to Donors Choose fund for Danbury teachers, and $5,000 to ALS Connecticut if Boughton…
4-CT Quickly Makes An Impact, Granting $1 Million Total To Foodshare, Connecticut Foodbank 4-CT Quickly Makes An Impact, Granting $1 Million Total To Foodshare, Connecticut Foodbank
4-CT Quickly Makes An Impact, Granting $1 Million Total To Foodshare, Connecticut Foodbank In the past month well over a quarter-million unemployment claims have been filed in the state of Connecticut amid the novel coronavirus (COVID-19) pandemic. The financial strain many face has led to unprecedented calls on the state’s food banks, who are working diligently with fewer volunteers to deliver groceries to the many more in need. 4-CT, the Connecticut COVID-19 Charity Connection, a Fairfield County-based independent 501-(c)3 organization launched April 1 that provides financial support to nonprofits serving all areas impacted by COVID-19, has proven pivotal to Foodshare and Con…
This Fairfield County Resident Is Connecticut's Richest Person, Forbes Says This Fairfield County Resident Is Connecticut's Richest Person, Forbes Says
This Fairfield County Resident Is Connecticut's Richest Person, Forbes Says With a net worth of nearly $20 billion, Greenwich investor Ray Dalio has been named the wealthiest man in the Nutmeg State State - among the richest in the country - according to a new Forbes report. For the fifth straight year, Forbes ran the numbers to determine the wealthiest resident in each of the 50 states, with Dalio and his estimated $18.4 billion net worth tops in Connecticut According to the report, 53 billionaires and centimillionaires (with wealth of $100 million or more) made the ranks - three states had ties - with a collective net worth of $875 billion, up from…
$15M Gift From Wilton Couple Will Build New Norwalk Hospital Patient Pavilion $15M Gift From Wilton Couple Will Build New Norwalk Hospital Patient Pavilion
$15M Gift From Wilton Couple Will Build New Norwalk Hospital Patient Pavilion A sizeable donation from a Wilton couple will go towards a major expansion at Norwalk Hospital. Norwalk Hospital Foundation announced the receipt of a $15 million gift from long-time supporters and benefactors George and Carol Bauer. The donation will support the construction of a new state-of-the-art Patient Pavilion. The Patient Pavilion is the largest expansion in Norwalk Hospital’s 126-year history and will bring cutting-edge critical care, surgical, women, and pediatric facilities and services to Fairfield County, the Foundation said. “We could not be more appreciative of Mr. and Mrs…
Here's Why Hedge Fund Mogul Ray Dalio From Fairfield County Wants To Give CT $100M Here's Why Hedge Fund Mogul Ray Dalio From Fairfield County Wants To Give CT $100M
Here's Why Hedge Fund Mogul Ray Dalio From Fairfield County Wants To Give CT $100M The Fairfield County founder of one of the world’s most successful and largest hedge funds is setting an example for other billionaires by betting on the future in the form of a $100 million donation for the state’s schools. Ray Dalio, the founder of Bridgewater Associates in Westport, announced that he will be donating $100 million, which will be matched by the state and then by other philanthropists and business magnates to benefit students. Dalio, of Greenwich, was featured in the latest episode of CBS-TV's "60 Minutes." (See video above.) "The partnership seeks to raise $300 million ove…
Norwalk's Maritime Aquarium Gets $50,000 Grant From Newman’s Own Foundation Norwalk's Maritime Aquarium Gets $50,000 Grant From Newman’s Own Foundation
Norwalk's Maritime Aquarium Gets $50,000 Grant From Newman’s Own Foundation Maritime Aquarium in Norwalk has officially received a grant from Newman’s Own Foundation totaling $50,000. Newman’s Own Foundation is the independent foundation created by the late actor and philanthropist Paul Newman, who lived in Westport.  The grant will help to support the aquarium’s educational programming, including materials and financial aid for schools seeking to connect their students with the aquarium. “We are very grateful for the generous support of Newman’s Own Foundation – in this gift, and many others over the years,” said Alicia Wettenstein, the Aquarium’s direc…
Westchester Pride Showing As Mariano Rivera Becomes First Unanimous MLB Hall Of Fame Pick Westchester Pride Showing As Mariano Rivera Becomes First Unanimous MLB Hall Of Fame Pick
Westchester Pride Showing As Mariano Rivera Becomes First Unanimous MLB Hall Of Fame Pick Westchester’s own Mariano Rivera has put a new line in the record books, becoming the first Major League Baseball player to ever be unanimously selected to the Hall of Fame, and the county can't help but show its pride. The Major’s all-time saves leader, Rivera became the first to receive unanimous support, being named on each of the voters’ 425 ballots. He will be enshrined alongside the late Roy Halladay, designated hitter Edgar Martinez and former teammate Mike Mussina, who each received the required 75 percent of the vote. Rivera becomes just the 11th player to ever receive at least 97 …
Bedford's Ralph Lauren Earns British Knighthood Bedford's Ralph Lauren Earns British Knighthood
Bedford's Ralph Lauren Earns British Knighthood “2018 has been a big year for Ralph Lauren,” writes Natasha Bach of the Northern Westchester resident on Fortune, and it’s true - the 79-year-old area icon is officially the first American designer to be honored as Honorary Knight Commander of the Most Excellent Order of the British Empire (KBE). Lauren, who has an estate in Bedford, recently celebrated 50 successful years in business, and according to Independent, he is being recognized for his essential roles involving “fashion, business and philanthropy.” “I warmly congratulate Ralph Lauren on this award that recognizes these efforts and…
Longtime Resident Leaves $600K To Help Preserve Weston History Longtime Resident Leaves $600K To Help Preserve Weston History
Longtime Resident Leaves $600K To Help Preserve Weston History A 177-year-old Fairfield County farmhouse is getting a facelift courtesy of a longtime Weston resident’s charitable trust. The Weston Historical Society recently received a pair of grants from the Daniel E. Offutt Charitable Trust totaling $600,000. The grant money is earmarked to kickoff a restoration of the Coley Homestead farmhouse, carriage and barn at 104 Weston Road. According to the Historical Society, their “1841 farmhouse, the David Dimon Coley house, is an architecturally significant historic structure that holds an important role in Weston. A classical Greek-revival house, the C…
Senators Fight To Save Tax Break For Newman's Own Foundation In Westport Senators Fight To Save Tax Break For Newman's Own Foundation In Westport
Senators Fight To Save Tax Break For Newman's Own Foundation In Westport WESTPORT, Conn. — Over the past 25 years, Newman's Own Foundation in Westport has donated $512 million to charities. But a provision in ongoing federal budget negotiations could force the nonprofit founded by actor Paul Newman to close its doors due to a disastrous tax. U.S. Sens. Richard Blumenthal and Chris Murphy (D-Conn.) have written to Senate leaders for help for the nonprofit. When Paul Newman died in 2008, ownership of the actor’s eponymous food company, Newman’s Own, was turned over to the nonprofit foundation. It donates 100 percent of its profits after taxes to charity.  Because…