Treasurer Unveils $200K in Grants for Illinois Nonprofits, Including Rockford

Several small nonprofits across Illinois have been awarded grant money to help strengthen housing and workforce programs.

Nearly $200,000 Targeted to Illinois Housing and Job Training Programs

During a news conference held in Rockford, Treasurer Michael Frerichs announced that nearly $200,000 in Charitable Trust grants will be awarded to 10 small nonprofits serving communities across Illinois.

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According to the press release, the funding will support housing stability, rental assistance, and workforce development initiatives, as many Illinois families continue to struggle with rising costs.

We are helping people who need a helping hand at a time when so many folks are struggling. -Illinois Treasurer Michael Frerichs

According to Frerichs, these grants are funded by fees paid by larger nonprofits filing annual reports, not by personal or property taxes.

Where the Money is Going

An independent 11-member panel selected the 10 recipients from 68 applicants, with each organization receiving up to $200,000, the maximum award allowed.

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Among the nonprofits receiving the $200,000 grant is the Boys and Girls Club of Freeport and Stephenson County, and in Rockford, Life Decisions will also be awarded the grant.

Nonprofits Details Immediate Impact

Leaders say the funds will directly support paid internships for youth, interest-free emergency housing loans, and rental and utility assistance to prevent displacement.

Since its launch in 2017, the Charitable Trust Stabilization Fund has awarded 251 grants totaling more than $5 million to 209 nonprofits statewide.

The current grant cycle remains open through March 31 for organizations focused on food access and workforce development.