Charitable Trust

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Charitable Trust – Helping Small Nonprofits Across Illinois 

The Charitable Trust Stabilization Fund (“Fund”) was created in 2007 to help small non-profits across Illinois.  Money for the Fund comes from the filing fees not-for-profit organizations pay to incorporate with the State of Illinois.  The program is funded by non-profits and exists to support non-profits.

Treasurer Frerichs and the State Treasurer’s Office work with an 11-member committee that oversees the management and guidelines of the Fund. The committee is made up of appointees from state government agencies and private citizens.

The State Treasurer’s Office and the Charitable Trust Stabilization Committee acknowledge the critical services that many non-profits provide to people across the State of Illinois.  To respond to the unprecedented and widespread challenges caused by the COVID-19 pandemic, we will be doubling the total number of grants that will be awarded (up to $12,500 maximum) under the Charitable Trust program.  

For the Fall 2020 grant cycle, applications will be accepted from July 1 through September 30 in two categories: Food Programs and Housing Programs. Charitable Trust is intended to help small non-profits with annual budgets of $1 million or less.  Grant applicants located in an area where pervasive poverty, unemployment, and economic distress exist will be given special attention.

Applicants will need to complete the online application in full, including all requested documents and forms. Applicants without access to a computer or the Internet should contact the State Treasurer’s office at (217) 836-4590.

The application requests basic information about the non-profit organization and leadership.  Applicants will also be asked to certify their eligibility for this grant, write a narrative on how the grant money will be spent, and provide supporting documentation that shows their non-profit has filed appropriate forms with the Illinois Secretary of State's office, the Illinois Attorney General's office, and the Federal Government, and other information that demonstrates the fiscal health of the organization. 

 

Questions about this program or the application can be directed to:

CharitableTrust@illinoistreasurer.gov or at (312) 814-1817

For more information about eligibility and the criteria that will be used to judge applications, click here.

For some basic information regarding Charitable Trust, please see the Charitable Trust Fact Sheet.


Charitable Trust Board Members

Illinois State Treasurer Michael Frerichs, Co-Chair
Erica Spangler Raz, Designee for Illinois Attorney General Kwame Raoul, Co-Chair
Designee for Illinois Lt. Governor Juliana Stratton
Jared Walkowitz, Designee for the Illinois Department of Commerce and Economic Opportunity
Hunter Wiggins, Designee for the Illinois Department of Financial and Professional Regulation    
Emilia DiMenco, Appointee
Andreason Brown, Appointee
Dorri McWhorter, Appointee
Dale Morrissey, Appointee
Sheila Simon, Appointee
Butch Trusty, Appointee

 

Charitable Trust Meeting Materials

 

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