How to Become an Alliance Member
From the By-Laws of the Alliance of Illinois Community Foundations, members are defined as:
“tax-exempt, not-for-profit, publicly-supported, philanthropic institution organized and operated primarily as a permanent collection of component funds for the longterm benefit of a defined geographic area within the State of Illinois.”
Each member must:
- Be officially recognized by the Internal Revenue Service as tax-exempt under Section 501 (c) (3)
- Meet the public support test under Section 170(b) (1) (A) (vi) as modified by Treas. Reg. 1.170A9(e) (10)
- Operate primarily as a grantmaking institution but which may also provide direct charitable services
- 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
- Be structured primarily as a permanent collection of component funds that carry out the diverse charitable purposes specified by the governing body and donors.”