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Code · Illinois · Chapter 30 — FINANCE · Act 790

Sec. 15. Grant eligibility.

83 words·~1 min read·/il/chapter-30/act-790/15

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Sec. 15. Grant eligibility. To be eligible to receive a grant under this Act, an organization must be a community-based organization or other not-for-profit entity that:
(1)is a not-for-profit corporation that is exempt from federal income taxation under
Section 501(c)(3) of the federal Internal Revenue Code of 1986;
(2)is organized under the General Not for Profit Corporation Act of 1986 for the
purpose of providing charitable services to the community; and
(3)complies with the provisions of the Charitable Trust Act.
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