(20 ILCS 880/1)
Sec. 1.
Short title.
This Act may be cited as the Illinois Conservation Foundation Act.
(Source: P.A. 88-591, eff. 8-20-94.)
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(20 ILCS 880/5)
Sec. 5. Creation of Foundation. The General Assembly authorizes the
Department of Natural Resources, in accordance with
Section 10 of the State Agency Entity Creation Act, to create the Illinois
Conservation Foundation. Under this authority, the Department of Natural
Resources shall create the Illinois Conservation Foundation
as a not-for-profit foundation. The Department shall file
articles of incorporation as required under the General Not For Profit
Corporation Act of 1986 to create the Foundation. The
Foundation's Board of Directors shall be appointed as follows: 2 by the
President of the Illinois Senate; 2 by the Minority Leader of the Illinois
Senate; 2 by the Speaker of the Illinois House of Representatives; 2 by the
Minority Leader of the Illinois House of Representatives; and 4 by the
Governor. Each appointing individual shall have: one two-year term and one three-year term appointment. The Governor shall have 4 four-year term appointments. Vacancies shall be filled by the official who made the
recommendation for the vacated appointment. The Director of Natural
Resources shall chair the Board of Directors of the Foundation. No member of
the Board
of Directors may receive compensation for his or her services to the
Foundation.
(Source: P.A. 102-303, eff. 1-1-22.)
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(20 ILCS 880/10)
Sec. 10.
Foundation purposes.
The purposes of the Foundation are: to
promote, support, assist, sustain, and encourage the charitable, educational,
scientific, and recreational programs, projects, and policies of the Department
of Natural Resources; to solicit
and accept aid or contributions consistent with the stated intent of the donor
and the goals of the Foundation; to accept grants for the acquisition,
construction,
improvement, and development of potential Foundation projects; to solicit and
generate private funding and donations that assist in enhancing and preserving
Illinois' natural habitats, historic sites, river and stream corridors, state
parks, forests, and fish and wildlife areas; and to engage generally in other
lawful endeavors consistent with the foregoing purposes. The foundation shall
operate within the provisions of the General Not For Profit Corporation Act of
1986.
(Source: P.A. 88-591, eff. 8-20-94; 89-445, eff. 2-7-96.)
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(20 ILCS 880/15)
Sec. 15.
Organization, powers, and duties of Foundation.
As soon as
practical after the Foundation is created, the Board of Directors shall meet,
organize, and designate, by majority vote, a treasurer, secretary, and any
additional officers that may be needed to carry out the activities of the
Foundation, and shall adopt bylaws of the Foundation. The Department of
Natural Resources may adopt other rules deemed necessary
to govern Foundation procedures.
The Foundation may accept gifts or grants from the federal government, its
agencies or officers, or from any person, firm, or corporation, and may expend
receipts on activities that it considers suitable to the performance of its
duties under this Act and consistent with any requirement of the grant, gift,
or bequest. Funds collected by the Foundation shall be considered
private funds, except those received from public entities, and shall be
held in an appropriate account outside of the State
Treasury.
Private funds collected by the Foundation are not subject to the Public
Funds Investment Act. Foundation procurement is exempt from the Illinois
Procurement Code when only private funds are used for procurement
expenditures.
The treasurer of the Foundation shall be custodian of all Foundation
funds. The Foundation's accounts and books shall be set up and maintained in a
manner approved by the Auditor General; and the Foundation and its officers
shall be responsible for the approval of recording of receipts, approval of
payments, and the proper filing of required reports. The Foundation may be
assisted in carrying out its functions by personnel of the
Department of Natural Resources.
The Department shall provide reasonable assistance to the Foundation to
achieve the purposes of the Foundation.
The Foundation shall cooperate fully with the
boards, commissions, agencies, departments, and institutions of the State. The
funds held and made available by the Illinois Conservation Foundation shall be
subject to financial and compliance audits by the Auditor General in compliance
with the Illinois State Auditing Act.
The Foundation shall not have any power of eminent domain.
(Source: P.A. 92-797, eff. 8-15-02.)
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(20 ILCS 880/20)
Sec. 20.
Disclosure to donors of exemption from Public Funds Investment
Act. The Foundation must provide a written notice to any entity providing a
gift, grant, or bequest to the Foundation that the Foundation is not subject to
the provisions of the Public Funds Investment Act which Act places limitations
on the types of securities in which a public agency may invest public
funds.
(Source: P.A. 92-797, eff. 8-15-02.)
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(20 ILCS 880/95)
Sec. 95.
(Amendatory provisions; text omitted).
(Source: P.A. 88-591, eff. 8-20-94.)
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(20 ILCS 880/99)
Sec. 99.
Effective date.
This Act takes effect upon becoming law.
(Source: P.A. 88-591, eff. 8-20-94.)
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