ADMINISTRATIVE CODE TITLE 74: PUBLIC FINANCE CHAPTER V: TREASURER PART 650 RULES FOR CHARITABLE TRUST STABILIZATION COMMITTEE SECTION 650.30 GRANT ELIGIBILITY CRITERIA
Section 650.30 Grant Eligibility Criteria
Grant awards may be made to an applicant that:
a) is a not-for-profit corporation that is exempt from federal income taxation under Section 501(c)(3) of the federal Internal Revenue Code (26 U.S.C. 501(c)(3)) (Section 15(1) of the Act);
b) is organized under the General Not for Profit Corporation Act of 1986 [805 ILCS 105] for the purpose of providing charitable services to the community (Section 15(2) of the Act);
c) complies with the provisions of the Charitable Trust Act [760 ILCS 55] (Section 15(3) of the Act);
d) is domiciled in the State of Illinois and provides charitable services exclusively in the State of Illinois;
e) has the equivalent of:
1) one full-time paid employee; or
2) for grant awards provided to food pantries, soup kitchens, and other food assistance organizations that provide free food or meal programs to members of the community, a designated fiscal agent; and
f) certifies that it has adopted a nondiscrimination policy that complies with the Illinois Human Rights Act [775 ILCS 5] and all applicable federal and State laws.
(Source: Amended at 50 Ill. Reg. 7425, effective May 7, 2026) |