Membership

A community foundation may become a member of the Corporation if it is a tax-exempt, not-for-profit, publicly-supported, philanthropic institution organized and operated primarily as a permanent collection of component funds for the long-term benefit of a defined geographic area within the State of Illinois. Each member must:

  1. Be officially recognized by the Internal Revenue Service as tax-exempt under Section 501 (c) (3);
  2. Meet the public support test under Section 170(b) (1) (A) (vi) as modified by Treas. Reg. 1.170A9(c) (10);
  3. Operate primarily as a grantmaking institution but which may also provide direct charitable services;
  4. Administer grant programs for the benefit of diverse grantees that are neither limited collectively by field of interest nor to serving only parts of the population; and
  5. Be structured primarily as a permanent collection of component funds that carry out the diverse charitable purposes specified by the governing body and donors.
  6. Pay annual dues.
  7. Select a voting representative of the member foundation who shall submit annually a signed Conflict of Interest statement.

Please contact us if you have questions about membership.