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 USC 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 one full-time paid employee; 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 41 Ill. Reg. 13383, effective October 20, 2017)