Illinois Fund to Help Small Nonprofits

Gregory S. Dowell • February 3, 2021

Small nonprofits should consider if they might qualify for funding.

In 2007, the Charitable Trust Stabilization Fund was created to help small nonprofits in Illinois.  Qualifying small nonprofits, defined as those with annual budgets of $1 million or less, can apply for grants.  The grants go before an 11-member committee that oversees the management of the Fund. 


Applications for the Spring 2021 grant cycle will be taken from January 1st through March 31st, in three categories:  food programs; housing programs; and workforce and economic development.  Those nonprofits that are located in areas of pervasive poverty, unemployment, and economic distress will be given special attention.  The applications are completed online.  More information, and access to the online application, can be found at the following address:


https://illinoistreasurer.gov/Office_of_the_Treasurer/Charitable_Trust



By Greg Dowell October 1, 2025
Challenges have left some clients out in the cold
By Greg Dowell September 30, 2025
A new deduction for car loan interest, 2025 to 2028
By Greg Dowell September 30, 2025
A new deduction for overtime for tax years 2025 to 2028
By Greg Dowell September 26, 2025
This is a subtitle for your new post
By Greg Dowell September 10, 2025
Advantages exist with both options - understanding which might be best for your business is the challenge.
By Greg Dowell August 14, 2025
It's not enough to make a gift to charity, specific documentation must be received in order to sustain a deduction with the IRS.
By Greg Dowell July 10, 2025
How the Tax Act impacts businesses
By Greg Dowell July 10, 2025
Key information for individuals
By Greg Dowell March 17, 2025
The annual list of tax scams was recently released by the IRS, see article below.
By Greg Dowell March 17, 2025
Rates remain unchanged for 2nd quarter 2025