Bill > HB1240

This bill appropriates $1,000,000 from the General Revenue Fund (the state's main operating fund) to the Illinois Department of Commerce and Economic Opportunity (DCEO) specifically to provide a grant to the Community Foundation of Northern Illinois. The grant's purpose is to support nonprofits located in Winnebago County by helping them fund their operational expenses and build their organizational capacity, which typically means improving their infrastructure, management, and ability to effectively deliver services. The appropriation will become effective on July 1, 2025, which is the start of the next fiscal year for the state of Illinois. By targeting local nonprofits through a community foundation, the bill aims to strengthen the nonprofit sector's ability to serve residents in Winnebago County by providing critical financial resources for organizational development and ongoing operations.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1240&GAID=18&DocTypeID=HB&SessionID=114&GA=104