Illinois State Treasurer Michael Frerichs announced that nonprofit organizations interested in applying for grants through the Charitable Trust Stabilization Fund now have until Thursday, April 30, to submit their paperwork.
Frerichs decided to give organizations more time to apply given the impact of COVID-19.
"Now more than ever, non-profit organizations need the extra funding to assist with their important missions of providing food, shelter, and economic development," Frerichs said in a statement. "We all are adjusting to this new normal and hope the extra time encourages more organizations to apply."
The Charitable Trust Stabilization Fund assists small non-profits with annual budgets of $1 million or less. Money comes from filing fees non-profits pay when incorporating in the state of Illinois, not personal or property tax dollars.
The next application cycle runs July 1-Sept. 30. Visit IllinoisTreasurer.gov to complete an application online. Those with questions should email CharitableTrust@illinoistreasurer.gov .
