Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE74. PUBLIC FINANCE |
PART650. RULES FOR CHARITABLE TRUST STABILIZATION COMMITTEE |
SUBPARTB. PURPOSE AND ELIGIBILITY |
§650.30. Grant Eligibility Criteria
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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)