Illinois State Treasurer’s Office News Releases

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State Treasurer Michael Frerichs Announces 10 Illinois Nonprofit Groups Selected for More Than $182,000 in Charitable Trust Grants

SPRINGFIELD — Ten small Illinois nonprofits, including organizations in Chicago, central Illinois and northwestern Illinois, are sharing $182,241 in grant funds through the Charitable Trust Stabilization Program, which is managed by State Treasurer Michael Frerichs’ office. “Small nonprofit organizations perform an important service to individuals and communities by lending a hand to people in need,” Frerichs said. “I’m proud that my office can support the commendable work of these nonprofits through the Charitable Trust program.” Charitable Trust funds help nonprofits fulfill their missions to help people by providing food, housing,…

Read MoreState Treasurer Michael Frerichs Announces 10 Illinois Nonprofit Groups Selected for More Than $182,000 in Charitable Trust Grants
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Illinois Treasurer Michael Frerichs Reminds New Parents to Claim $50 Deposit in Illinois 529 College Savings Account

SPRINGFIELD — If you had a baby or adopted this year, don’t forget to open a Bright Start or Bright Directions college savings account and claim your $50 seed deposit from the Illinois First Steps program, State Treasurer Michael Frerichs reminded new parents today. “We launched the Illinois First Steps program this year to help put families on a path to saving early for their child’s education,” Frerichs said. “Saving now means money will be available when your child is ready to attend a university, community college, trade school, or…

Read MoreIllinois Treasurer Michael Frerichs Reminds New Parents to Claim $50 Deposit in Illinois 529 College Savings Account
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State Treasurer Michael Frerichs Returns $64,500 To Salvation Army of Illinois

CHICAGO — An early holiday gift surprised The Salvation Army of Illinois and will help thousands of people in need. Illinois State Treasurer Michael Frerichs returned $64,500 in I-CASH missing money to The Salvation Army, the charitable organization with a global reach widely known for its iconic Red Kettle Christmas fundraising campaign. The Salvation Army is the largest non-government provider of social services in the United States. “We place a special emphasis on returning missing money to non-profits and groups that help others in their time of need, especially during…

Read MoreState Treasurer Michael Frerichs Returns $64,500 To Salvation Army of Illinois