2021

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Treasurer Frerichs Announces $200,000 Available for Small Non-Profits in Illinois

SPRINGFIELD — Small non-profit organizations in Illinois that assist individuals with food, housing, workforce, and economic development are eligible for a grant of up to $20,000 each, Illinois State Treasurer Michael Frerichs said today. The Charitable Trust Stabilization Fund will accept applications through Sept. 30 to assist organizations with annual budgets of $1 million or less. A total of $200,000 is available in this grant cycle. Visit ilcharitabletrust.com to complete an application online or contact the treasurer’s office at (217) 836-4590. “Non-profits are critically important to our local communities,” Frerichs…

Read MoreTreasurer Frerichs Announces $200,000 Available for Small Non-Profits in Illinois
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Midwest Investors Diversity Initiative Moves the Needle for More Women and Persons of Color on Corporate Boards

SPRINGFIELD, IL – The Midwest Investors Diversity Initiative (“MIDI”), a 16-member alliance of institutional investors with more than $820 billion in assets under management and advisement, reported progress today on its efforts to increase board diversity at Midwest- based companies. During the 2020-2021 season, MIDI engaged 21 companies. Six companies appointed women or persons of color to their board of directors and seven committed to adopt policies that prioritize diversity as a factor in candidate search processes. Since 2016, when the group was formed, MIDI has undertaken 75 company engagements.…

Read MoreMidwest Investors Diversity Initiative Moves the Needle for More Women and Persons of Color on Corporate Boards
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Illinois Commission Working to Bring More Equity to Banking Reconvenes after One Year to Assess Banks’ Progress

Chicago, IL – June 15, 2021 – Chicago City Treasurer Melissa Conyears-Ervin and Illinois State Treasurer Michael Frerichs will host a virtual event on Friday, June 18th at 11:00 a.m., the day before Juneteenth, to hear from top banking executives on their efforts to bring more equity to the banking industry, specifically in their hiring, lending and community investment practices. Banking executives from BMO Harris Bank, JPMorgan Chase, Fifth Third Bank, and PNC Bank will speak at the virtual event about the progress in their institutions since the inaugural meeting…

Read MoreIllinois Commission Working to Bring More Equity to Banking Reconvenes after One Year to Assess Banks’ Progress
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Last Call: Illinois State Treasurer Michael Frerichs Reminds Students to Submit Photos by June 24 for the 2021 Cream of the Crop Contest

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today reminded young photographers to submit their photo entries for the 2021 Cream of the Crop Contest by June 24. The contest encourages students to share their vision of agriculture in Illinois. “Don’t miss the opportunity to submit a photo for a chance to be recognized in our 2021 Cream of the Crop photo contest,” Frerichs said. “Take a picture of something fun and unique that you think showcases the agricultural beauty of our great state.” The treasurer’s office will accept electronic submissions…

Read MoreLast Call: Illinois State Treasurer Michael Frerichs Reminds Students to Submit Photos by June 24 for the 2021 Cream of the Crop Contest
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State Treasurer Michael Frerichs Launches “Illinois’ Greatest Returns” Series to Highlight Unique and Valuable Items Returned by the Illinois Unclaimed Property Program

SPRINGFIELD — Lost bank accounts, insurance policy proceeds, unused rebate cards, vintage coins, military medals, and special keepsakes are among the cash and property that have been reunited with Illinois residents during the past five decades, Illinois State Treasurer Michael Frerichs said today. “Connecting people with their lost cash and keepsakes is one of the most fulfilling parts of my job,” Frerichs said. “Some of our greatest returns are unclaimed cash to put a new roof on someone’s home, jewelry from a grandparent that had put it away in a…

Read MoreState Treasurer Michael Frerichs Launches “Illinois’ Greatest Returns” Series to Highlight Unique and Valuable Items Returned by the Illinois Unclaimed Property Program