Illinois State Treasurer’s Office News Releases
Martin Luther King, Jr. Community Center Among Awardees of Treasurer Frerichs’ Charitable Trust Grant Program
ROCK ISLAND — The Martin Luther King, Jr. Community Center is among 20 non-profit organizations to share more than $460,000 as recipients of the Charitable Trust Stabilization Fund in 2018, Illinois State Treasurer Michael Frerichs said today. The 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 Martin Luther King, Jr. Community Center is a vital asset to the Rock Island-area community,” Frerichs said. “We are…
State Treasurer Frerichs’ I-Cash Program Returns Record-Breaking $200 Million with Two Months Remaining in the Fiscal Year
SPRINGFIELD — A record-breaking $200 million in forgotten cash and securities has been returned to its owners during the past 10 months, Illinois State Treasurer Michael Frerichs said today. It is the largest amount in the program’s 58-year history. Such milestones typically are recorded in July to capture the state’s entire fiscal year, which is July 1-June 30. With two months remaining in the current fiscal year, that means the state treasurer’s office will shatter previous records set in fiscal years 2018, 2017 and 2016. “Reuniting people with their unclaimed…
Treasurer Frerichs to Host Illinois College Savings Events
SPRINGFIELD — Illinois State Treasurer Michael Frerichs today announced dates for the Illinois College Savings events to provide tax and investment professionals with important updates on Illinois’ Bright Start and Bright Directions college savings programs, both considered among the best in the country according to Morningstar. Sessions will run at the following dates and times: Tuesday, April 23 – Normal Tuesday, April 23 – Peoria Bloomington-Normal Marriott Hotel & Embassy Suites East Peoria | 100 Conference Center | 201 Broadway Avenue, Center Drive, Peoria, IL Normal, IL Registration: 1:00 p.m.…