Small nonprofits that provide people with food or workforce and economic development assistance are encouraged to apply for funding through the Charitable Trust Stabilization Program.
Donor Name: Illinois State Treasurer’s Office
State: Illinois
County: All Counties
Type of Grant: Grant
Deadline: 03/31/2023
Size of the Grant: Up to $20,000
Grant Duration: 1 year
Details:
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.
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.
The spring 2023 Grant Cycle will award grants to non-profit charitable programs in two categories: Food and Economic & Workforce Development.
Focus Areas
- Food Programs:
- Food Pantries
- Supplemental School Feeding Programs
- Summer Feeding Programs
- SNAP Outreach
- Farmer’s Market SNAP expansion
- Access to fresh produce
- Meal Deliveries
- Workforce & Economic Development:
- Small Business Development Councils
- Entrepreneurship Training or Services
- Resume Preparation
- Interview Training
- Placement and Retention Services
- GED Classes
- Vocational Training
- Apprenticeship Training
- Industry Certifications
- Workforce Development for People with Disabilities
Funding Information
For the first grant cycle of 2023, up to $200,000 is available. The maximum award amount is $20,000 for each organization.
Grant Period
The term of any grant award shall be for one year, with grant funds to be expended by a grantee within one calendar year after the effective date of the Grant Agreement.
Eligibility Criteria
Only applicants that meet all the following requirements will be considered:
- A not-for-profit corporation that is exempt from federal income taxation under Section 501(c) (3) of the federal Internal Revenue Code
- A not-for-profit organized under the Illinois General Not for Profit Corporation Act of 1986 for the purpose of providing charitable services to the community:
- The organization is domiciled in the State of Illinois, and provides charitable services exclusively in the State of Illinois.
- The organization has the equivalent of at least one full-time paid employee.
- The organization has an operating budget of $1 Million or less.
- The organization has adopted a policy of non-discrimination on the basis of race, gender, sexual orientation, age, national origin, disability, family status, or religion.
- Additionally, non-for-profits with a person, or immediate family member (including but not limited to a spouse/domestic partner, sibling or child) holding an elective office making in excess of $60,000, where any such person holds a position of paid staff, consultant, director, officer, or board member of an organization will not be eligible.
- The total grant request should not be more than 30% of the organization’s budget, and should not exceed 25% overhead costs, unless the grant will be used for a one-time expenditure.
- Previous grant recipients are eligible to apply if the term of their grant has been complete for at least one calendar year. A grantee may not receive a grant award in more than 2 consecutive calendar years.
- Fiscal sponsors, sub-grantees, and other applications on behalf of another organization will not be considered.
- Organizations that do not file AG990-IL forms on a regular basis due to an exemption must provide a recent audited financial statement in order to be considered.
For more information, visit Illinois State Treasurer’s Office.
