2024

CHICAGO — Illinois State Treasurer Michael Frerichs today hosted a celebration to highlight the achievements of women in Illinois. This year’s theme for Women’s History Month is “Women Who Advocate for Diversity, Equity, and Inclusion.” The event, which was held at the state government building at 555 W. Monroe St., honored eight women for their contributions to their communities: a tech sales director, a nonprofit founder, a food pantry director, a school superintendent, a state senator, a labor leader, a spinal cord injury nonprofit founder, and an alderperson. “Today, we…

SPRINGFIELD — The Illinois State Treasurer’s Office made nearly $120.6 million in investment earnings from the state investment portfolio in February, Illinois State Treasurer Michael Frerichs announced today. An additional $82.5 million in gross investment earnings was earned for cities, villages, school districts, counties and other units of government that take part in the highly rated Illinois Funds local government investment pool operated by the Illinois State Treasurer’s Office. “Every dollar we make through smart, safe investing is a dollar that does not need to be raised in taxes,” Treasurer…

SPRINGFIELD — Illinois State Treasurer Michael Frerichs is encouraging young Illinois photographers to submit photos for the 2024 Cream of the Crop Photo Contest, which provides students with a creative opportunity to share their vision of agriculture in our state. Students ages 8 to 18 may submit contest entries until the deadline of June 14. Bright Start scholarships of $1,000, $500 and $250 will be awarded to students who place first, second or third in each of the three age categories. “Our great state is a leader in the agricultural…

CHICAGO — Illinois State Treasurer Michael Frerichs is calling on lawmakers to support his initiative to create a new investment pool enabling nonprofit organizations to invest together in higher-interest portfolios and generate additional funds for their good works. “The Illinois Funds investment pool is known for being safe, liquid, and competitive, and it has a strong track record of benefiting municipalities, educational institutions, and other governmental bodies,” Frerichs said. “Nonprofit organizations work hard to fulfill their missions to improve the lives of others, and they deserve to have the chance…

SPRINGFIELD — Small nonprofit organizations that provide people with food or housing assistance are encouraged to apply for funding through the Charitable Trust Stabilization Program, Illinois State Treasurer Michael Frerichs said today. Grant applications will be accepted through March 31. “Through the Charitable Trust program, small nonprofits have an opportunity to make an even greater impact on the people and communities they serve,” said Frerichs, whose office manages the program. “I am proud the State Treasurer’s Office can assist these organizations that are doing such important work to feed and…