Illinois Nonprofit Principles and Best Practices 2020 - Forefront

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Illinois Nonprofit Principles and Best Practices 2020 - Forefront
Illinois Nonprofit
Principles and
Best Practices
2020
Message from the Attorney General

The nonprofit sector fills unmet needs in countless unique and important
ways. To accomplish your vital work, you must cultivate the public’s trust
in an organization’s mission, its leadership, and the underpinning
supportive resources.

As Attorney General, I see the value of a vibrant and reliable network of
nonprofit organizations. I have dedicated resources to my office’s
Charitable Trust Bureau to assist both nonprofits in Illinois that accept
donations and those who contribute to them.

Our team is available to work with organizations as they fulfill annual
registration requirements. We are also able to work with the public to
answer questions, educate and intercede as appropriate.

As servants of the public, we each have a role to play in providing and
protecting resources that advance causes and serve communities. The
Illinois Nonprofit Principles and Best Practices booklet by Forefront is a
tool to that end. Together, we all can demonstrate the value of charitable
endeavors and foster confidence so your work can continue.

Thank you for your diligence and your commitment to the highest
standards and proven best practices.

Please do not hesitate to contact my office if ever you are in need of
assistance.

Sincerely,
Illinois Nonprofit Principles and Best Practices

Forefront is Illinois’ statewide                   Currently, Forefront has over 1,100
association representing both                      Members. Our Nonprofit Members
grantmakers and nonprofits as well as              work in over 26 different issue areas
their advisors and allies. Our mission             across the state. Our Grantmaker
is to build a vibrant social impact                Members include private foundations,
sector for all the people of Illinois.             such as family foundations and
We provide education, advocacy,                    independent foundations, public
thought leadership, and facilitate                 charities, corporations, donor-
collective action around issues that               advised funds, charitable trusts, and
are important to our Members and                   individual philanthropists. We also
to the sector.                                     actively engage social entrepreneurs,
                                                   impact investors, and B-Corps to spur
                                                   innovation in the sector.

                                                   To help you do your work better,
                                                   Forefront updated this Nonprofit
                                                   Best Practices guide. This book is
                                                   designed to help grantmakers and
                                                   nonprofits make specific, concrete
                                                   steps to ensure adherence to the high
                                                   ethical standards and strong principals
                                                   expected of them.

3
Illinois Nonprofit Principles and Best Practices

Preamble and Purpose

Nonprofit organizations serve a critical role      Please note that there is no one-size-fits-all
in today’s society by providing opportunities      approach that must be followed; instead, you
for advancing divested and underserved             are encouraged to determine, in consultation
populations, facilitating volunteerism and         with legal counsel and other applicable
civic engagement, and developing innovative        advisors, how best to integrate these
approaches to solving complex issues--to           principles into your nonprofit’s governance
name a few. In order to effectively serve the      and operations, as appropriate, and comply
community, however, nonprofits must balance        with all other legal requirements applicable
maintaining their commitment to excellence,        to your organization.
equity, and accountability while successfully
realizing their missions, managing resources,      These Nonprofit Principles and Best Practices
and executing proper governance. In order to       are intended to apply generally to both
help Illinois nonprofits strike this balance,      grantmaking nonprofits and grantseeking
set forth on the following pages are thirteen      nonprofits, unless otherwise specifically
key principles of nonprofit governance,            noted. Further, for purposes of these
followed by best practices for consideration in    Nonprofit Principles and Best Practices, all
effectuating on these principles.                  references to “nonprofits” or “organizations”
                                                   refer to public charities or private foundations
                                                   that have registered with all applicable
                                                   regulatory bodies, including, but not limited
                                                   to, the Internal Revenue Service, the Illinois
                                                   Attorney General’s Charitable Trust Bureau,
                                                   the Illinois Secretary of State, and the Illinois
                                                   Department of Revenue.

4
Illinois Nonprofit Principles and Best Practices

Mission and Governance

1. The nonprofit has a clearly stated                e.	Meet as frequently as needed to fully
    charitable, educational, or scientific                and adequately conduct the business
                                                          of the organization, including at least
    mission that has been approved by
                                                          once a year in person.
    the governing body and is in pursuit
                                                      f.	Maintain and distribute to governing
    of the public good.                                   body and committee members written
                                                          meeting minutes reflecting the actions
     a.	State the nonprofit’s purpose in the             of the governing body, including
         mission.                                         minutes of governing body committees
     b.	Ensure the mission is responsive                 when taking action on behalf of the
         to all relevant constituencies and               organization.
         communities to be served by the              g.	Maintain systems and policies to
         nonprofit.                                       ensure ongoing communications and
     c.	Ensure the mission is consistent                 efficient and effective decision-making
         with the “purposes” set forth in                 during and between meetings of the
         its organizational and governing                 governing body.
         instruments.                                 h.	Review organizational and governing
                                                          instruments, including board-approved
                                                          policies, no less frequently than every
2.	The role, responsibilities, selection,                five years.
    and tenure of the governing                       i.	Hire, set reasonable and appropriate
    body are clearly stated in the                        compensation for, and annually
    organization’s governing and policy                   evaluate the performance of the chief
    documents and understood by the                       executive against goals and objectives
                                                          agreed to by the chief executive and
    governing body members.
                                                          governing body. Document the basis
                                                          for decisions. If this is a responsibility
     a.	Establish and adhere to written                  of a designated committee, a summary
         criteria and selection process for the           should be provided to the full
         governing body.                                  governing body.
     b.	Stipulate the length of a term and, if
         applicable, the number of consecutive
                                                   3.	The governing body ensures that
         and/or total terms individuals may
         serve.                                        its members are competent and
     c.	Consider the appropriate governing
                                                       knowledgeable, and includes and
         body size and committee structure to          seeks diverse points of view and
         oversee the organization, encourage           experience as needed to provide
         discussion, enhance efficiency, and           credible and effective oversight of
         ensure accountability.                        all aspects of the nonprofit’s work.
     d.	Formulate written descriptions
         detailing duties and responsibilities
                                                      a.	Ensure that governing body members
         of governing body members and
                                                          (e.g., directors or trustees) have the
         committees of the governing body.
                                                          requisite skills and experience to carry
                                                          out their duties.

5
Illinois Nonprofit Principles and Best Practices

Mission and Governance (continued)

     b.	When filling vacancies on the              c.	Review the mission and strategies
         governing body, consider how skills            being employed to achieve the
         and experience of new members will             mission every three to five years
         complement existing expertise of               to determine whether they meet
         governing members.                             the needs of the organization’s
     c.	Provide governing body members with            constituencies.
         the tools and opportunities to develop     d.	Regularly determine, in consultation
         in their roles, including appropriate          with the chief executive, staff and, if
         orientation for incoming governing             the governing body deems necessary,
         body members and on-going training             outside experts and community
         on distinct roles and responsibilities,        representatives, whether programs
         specifically including legal, financial,       are being properly evaluated, and
         and fiduciary responsibilities.                employ appropriate evaluation
     d.	Provide access to sufficient                   techniques to ensure programs are
         information and diverse perspectives           being delivered efficiently and in
         (including, but not limited to, ethnic,        accordance with best practices, are
         racial, and gender perspectives) to            having the desired impact, and are
         inform decision making and carry out           effective in fulfilling the mission.
         due diligence.                             e.	Solicit and act on feedback
     e.	If not otherwise represented through           from program participants and
         the governing body, consult when               constituents about the effectiveness
         appropriate subject matter experts             of the programs and operations of the
         or community representatives and/              nonprofit.
         or include them on committees or           f.	Analyze and apply all meaningful
         advisory groups.                               data generated through periodic
                                                        evaluations of the governing
                                                        body, programs, and operations to
4.	The governing body regularly                        ensure accountability and increase
    assesses the organization’s mission                 effectiveness.
    and the effectiveness of the                    g.	Know and understand key financial
    organization, its leadership, and its               metrics beyond just revenues; focus
    programs in achieving the mission.                  on the full costs to the nonprofit to
                                                        provide services, operate programs,
     a.	Regularly conduct a periodic                   and run the organization overall.
         governing body self-evaluation.
     b.	Set long- (multi-year) and short-
         term (annual) objectives to evaluate
         program and organizational
         effectiveness, and annually evaluate
         progress toward achieving objectives.

6
Illinois Nonprofit Principles and Best Practices

Legal Compliance, Fiduciary
Responsibility, and Responsible
Stewardship

5.	The full membership of the                     6.	The governing body and staff
    governing body is responsible for                  are aware of and comply with
    the organization, and each member                  all federal, state, and local
    acts at all times in an ethical                    laws, regulations and fiduciary
    manner and in the best interest of                 responsibilities applicable to the
    the organization and the public.                   nonprofit.

     a.	Maintain policies and practices,              a.	Educate the governing body and
         including a written code of ethics,               staff about basic legal, accounting,
         a conflict of interest policy, and a              audit, and tax issues (including,
         whistleblower policy to ensure the                but not limited to those concerning
         governing body and staff act in an                internal operations, grantmaking,
         ethical and legal manner.                         fundraising, licensing, financial
     b.	Educate the governing body and                    accountability, and labor and
         staff about what constitutes conflict             employment), as well as applicable
         of interest and prevent or manage                 provisions of federal, state,
         any actual, potential, or perceived               local, and international laws and
         conflicts through disclosure,                     regulations that are relevant to the
         abstention, or other means.                       organization’s activities, including
                                                           with respect to advocacy, lobbying,
     c.	Develop and adhere to policies to
                                                           and political campaign activities.
         prevent inappropriate influence
         where one or more stakeholders            		     » T
                                                             he laws, rules, and regulations
         (e.g., employees or substantial                    applicable to a nonprofit vary
         contributors) of the organization are              depending on the specific type of
         voting members of the governing                    nonprofit (i.e., public charity or
         body.                                              private foundation); accordingly,
                                                            knowing what the laws are that are
     d.	Establish and adhere to a document
                                                            applicable to the organization at
         retention policy that provides for
                                                            hand is critical.
         the safekeeping of key organization
         documents and the prevention of           		     » By
                                                             way of example, all nonprofits
         their destruction upon receiving                   may (i) advocate for issues
         notice of a legal inquiry into the                 pertinent to their missions,
         organization’s operations.                         and (ii) not engage in political
                                                            campaign activity (such as
                                                            supporting or opposing a political
                                                            candidate); however, the rules
                                                            on “lobbying” (as defined in
                                                            the Internal Revenue Code) vary
                                                            between public charities and
                                                            private foundations.

7
Illinois Nonprofit Principles and Best Practices

Legal Compliance, Fiduciary
Responsibility, and Responsible
Stewardship (continued)

     » P
        ublic charities may engage                7.	The governing body exercises
       in limited lobbying activity (in                active oversight of the financial
       accordance with the applicable law).            affairs of the organization and
     » P
        rivate foundations may not lobby              sets policies to ensure that the
       (but they may fund organizations                organization’s resources are used
       that do lobby, in accordance with
       applicable law).
                                                       appropriately in furtherance of the
                                                       organization’s mission.
b.	Seek professional legal and accounting
    advice when needed to determine and
    support compliance.                               a.	Approve the nonprofit’s budget
c.	Develop and adhere to written financial               each year and assess financial
    management policies adequate for                      performance relative to the approved
    organization size, nature, complexity,                budget.
    and mission concerning:                           b.	Maintain sufficient resources,
     » Administrative expenditures                      including cash reserves, for effective
                                                          administration of the organization
     » Internal controls                                and, if it solicits contributions, for
     » Purchasing                                       appropriate fundraising activities.
     » Gift acceptance                              c.	Ensure that expenses are reasonable
     » Fundraising expenditures                         and necessary and incurred in
                                                          pursuit of the mission of the
     » Endowment spending
                                                          organization.
     » Permitted
              and prudent investment
                                                      d.	Set compensation for chief executive
       and asset allocations
                                                          officer, staff, and any others who
d. 	Provide the Form 990 or 990-PF and                   may receive compensation at
     any 990-T to the entire governing body               reasonable levels, considering
     each year or otherwise ensure governing              factors including comparable data
     body members are familiar with the                   of similar organizations, nature
     content.                                             of work performed, and time and
e.	Develop and adhere to a risk                          skills required. Document the
    management plan and regularly                         basis for decisions. Note that the
    consider the need for insurance                       governing body may, under limited
    coverage and other actions to mitigate                circumstances, determine that
    risk, taking into account the nature and              it is appropriate or permissible
    scope of the organization’s activities                to compensate members of the
    and its resources.                                    governing body; however, due
                                                          consideration to the organization’s
                                                          governing documents, conflicts of
                                                          interest policy, rules pertaining to
                                                          excess benefit transactions or self-
                                                          dealing, as applicable, as well as the
                                                          factors enumerated in this section d.
                                                          must be given and substantiated.

8
Illinois Nonprofit Principles and Best Practices

Legal Compliance, Fiduciary                        Communications, Accessibility, Privacy,
Responsibility, and Responsible                    and Disclosure
Stewardship (continued)

e.	Maintain accurate financial records,           8.	The organization maintains
    prepare internal financial statements              appropriate cybersecurity
    no less frequently than quarterly,                 safeguards, including with respect
    and provide financial reports to
                                                       to protected or confidential
    the governing body, addressing any
    differences between actual revenues                information; ensures that its
    and expenses and budgeted revenues                 intellectual property is used solely
    and expenses.                                      in furtherance of its mission; and
f.	Assure that any interim and annual                 monitors and responds to online
    financial statements, federal tax returns,         and third-party reputational risks.
    and reports to state authorities fairly
    represent the financial position and
                                                       a.	Periodically conduct appropriate
    financial activities of the organization
                                                           risk assessments with respect to the
    and comply with the organization’s
                                                           nature and scope of data collected
    governing documents through review
                                                           and maintained by the organization.
    by the governing body, committee
    thereof, or authorized officer or agent,           b.	Respect and protect the
    as determined by the governing body to                 confidentiality and privacy rights
    be the appropriate person or persons to                of individual clients, grantees,
    review such documents on behalf of the                 employees, donors, volunteers,
    organization.                                          governing body members, and others
                                                           in the organization consistent with
g.	Determine whether an audit of the
                                                           applicable law.
    nonprofit is legally required (see Illinois
    Solicitation for Charity Act, Sec. 4.,             c.	Develop and maintain appropriate
    Annual Report of Charities). Even if not               cybersecurity safeguards, which
    legally required, larger organizations are             may include, but are not limited
    strongly urged to consider securing an                 to, antivirus software, password
    audit by an outside public accounting                  protocols, firewalls, encryption,
    firm or, at a minimum, a review of                     and internal controls regarding
    financial condition by an outside firm.                access to data.
     » For
        organizations that have an audit,            d.	Understand and comply with
       establish an audit committee; for                   applicable law governing disclosure
       organizations whose size or structure               and reporting of data breaches,
       makes an audit committee infeasible,                disposal of confidential or protected
       the full governing body or portion                  information, and similar issues.
       thereof that is knowledgeable about             e.	Monitor and enforce restrictions on
       financial statements should oversee                 the use of organization’s intellectual
       the audit or review.                                property by third parties, including
                                                           fundraisers, vendors, contract
                                                           parties, and charitable or similar
                                                           databases.

9
Illinois Nonprofit Principles and Best Practices

Communications, Accessibility, Privacy,
and Disclosure (continued)

     f.	Review and keep up-to-date any            9.	The nonprofit responsibly
         profiles on third-party websites              collects, maintains, and properly
         (e.g., GuideStar/Candid, the Illinois         disposes of personally identifiable
         Attorney General’s online charitable
                                                       information received from donors,
         organization database, and
         Foundation Center).                           employees, volunteers, and clients.
     g.	Be mindful of which third-party
         websites are linked to on the                a.	Entities that collect and maintain
         organization’s website and the                   personally identifiable information
         content that is posted thereon;                  such as social security numbers
         certain content on the third-party               and financial information have
         site may be deemed attributable                  a responsibility to protect the
         to the organization through linking              information. Nonprofit organizations
         (such as support or opposition for               may have personally identifiable
         a political candidate that would be              information about donors,
         impermissible for the non-profit to              employees, volunteers, and clients.
         directly post).                              b.	Take stock of the information
     h.	Maintain appropriate policies and                collected and maintained by the
         procedures that govern who is                    organization. Periodically review
         authorized to post content on the                the information the organization
         nonprofit’s website or other social              collects on forms and applications
         media platforms, and ensure that                 to ensure the organization is only
         all posts comply with applicable law             collecting information necessary for
         pertinent to the nonprofit.                      its operations.
     i.	Designate one or more specified              c.	Scale down and keep only the
         individuals act as the official                  information the organization needs.
         “spokesperson” or “spokespeople”                 If there isn’t a legitimate need for
         for the nonprofit, authorized to issue           collecting the sensitive information,
         public statements on behalf of the               don’t collect or keep it. Phase out
         organization (in response to inquiries           the use of SSNs for administrative
         or otherwise), and encourage such                purposes and internal identification
         individuals to consult with legal                where applicable.
         counsel, as applicable, before               d.	Protect the information the
         issuing any such statements.                     organization keeps. Develop data
                                                          security policies to protect personally
                                                          identifiable information the
                                                          organization maintains in both paper
                                                          and electronic files.
                                                      e.	Destroy client information in a
                                                          secure way. Designate an employee
                                                          or retain an outside company to
                                                          oversee record keeping and disposal
                                                          according to the Illinois Personal
                                                          Information Protection Act, which
                                                          provides guidance for safe and
                                                          proper disposal.
10
Illinois Nonprofit Principles and Best Practices

Communications, Accessibility, Privacy,
and Disclosure (continued)

     f.	Plan ahead. Create a plan for                to your constituents, such as grant
         responding to data breaches                  guidelines, organizational and
         including notification to the effected       program reports and evaluations,
         individuals and law enforcement.             and certain other relevant financial
     g.	Assess the organization’s policies           information. If the organization
         and procedures to ensure that                does not maintain a website, make
         the organization complies with               them available upon request. If
         applicable laws and data security            third-party providers post this
         best practices as technology                 information instead, review those
         changes.                                     sites periodically to ensure accuracy.
                                                   d.	Make available the names of
                                                       governing body members, officers,
10. The nonprofit embraces                            and key staff members.
     transparency and accountability               e.	Publish an address and the
     by making information about its                   name of an individual to contact
     mission, program activities and                   for information. Nonprofits that
     outcomes, and finances available                  maintain offices, if feasible, should
     to the public and communicates                    also publish a phone number, office
     in a clear, timely, and proactive                 location, and office hours. Whenever
                                                       feasible, an email address for
     manner.
                                                       inquiries should be provided.
                                                   f.	Respond to and act promptly on
     a.	Ensure all financial, organizational,         complaints.
         and program reports and educational
                                                   g.	Develop and follow policies defining
         materials are complete and accurate
                                                       timely response to complaints.
         in all material respects.
                                                   h.	When resources permit, develop a
     b.	Understand the full costs of
                                                       social media strategy to ensure that
         running the nonprofit’s programs
                                                       relevant organizational and program
         and operations, including the costs
                                                       information reaches all important
         of the nonprofit’s infrastructure
                                                       and relevant audiences on a timely
         (such as the cost of reasonable and
                                                       basis.
         necessary staff training, operational
         tools, and other costs that advance       i.	Remember that a nonprofit’s
         the nonprofit’s mission), and be              audience is the community it serves.
         prepared to disclose and discuss              Build strong relationships with the
         those full costs with prospective             community served, community
         funders.                                      leaders in that community, and other
                                                       nonprofits serving that community
     c.	Make available to the public
                                                       (among others). Keeping the lines
         basic informational data about
                                                       of communication open with these
         the organization, which should
                                                       stakeholders and providing clear and
         include the Form 990 or 990-
                                                       transparent information builds trust,
         PF (or a website link to copies
                                                       earns respect, and demonstrates
         provided by other organizations
                                                       integrity.
         such as Guidestar/Candid), and
         consider posting information useful

11
Illinois Nonprofit Principles and Best Practices

Communications, Accessibility, Privacy,
and Disclosure (continued)

11.	Nonprofits that raise funds                       h.	Provide appropriate training and
    from the public or from donor                          supervision of people soliciting
    institutions maintain solicitation                     funds to ensure they understand
                                                           their responsibilities and applicable
    policies that reflect the
                                                           federal, state, and local laws,
    organization’s mission and                             and prohibit techniques that are
    use of solicited funds.                                coercive, intimidating, or intended to
                                                           harass potential donors.
     a.	Represent the organization’s policies
         and practices accurately and respect      12.	Grantmaking nonprofits establish,
         the dignity of program beneficiaries
                                                       follow, and clearly communicate
         in all solicitation materials.
                                                       processes for receiving, reviewing,
     b.	Disclose important and relevant
                                                       and acting on grant applications,
         information to potential donors.
                                                       and for monitoring and evaluating
     c.	Honor all statements in fundraising
                                                       grants made; and act fairly
         appeals about the use of a
         contribution (e.g., restrictions on           and responsibly in considering
         use of fundraising proceeds, or               the funding needs of potential
         commitments to allocate funds to              grantees.
         certain programs).
     d.	Respect the rights of donors in               a.	Make readily available a brief written
         accordance with established                       statement including:
         professional standards such as
                                                   		     » Program interests
         “A Donor Bill of Rights.”
                                                   		     » G
                                                             rantmaking policies, including
     e.	Ensure donated funds are used for
                                                            types of funding provided
         purposes consistent with the donor’s
         intent, whether as described in           		     » Geographic or policy restrictions
         the relevant solicitation materials       		     » P
                                                             referred ways of receiving
         or as specifically directed by the                 applications
         donor, and maintain supporting            		     » S
                                                             teps in the proposal review and
         documentation regarding donor’s                    due diligence process
         intent in the organization’s files.
                                                   		     » T
                                                             imetable for consideration of
     f.	Ensure that internal or external                   grant requests
         fundraisers are not compensated
         based on a commission or a
         percentage of the amount raised.
     g.	Ensure compliance with state
         fundraising/solicitation registrations
         and requirements, including with
         respect to digital fundraising.

12
Illinois Nonprofit Principles and Best Practices

Communications, Accessibility, Privacy,            Managing Human Capital
and Disclosure (continued)

     b. 	Establish and maintain relationships     13. Invest in and perform appropriate
         with grantseekers based on mutual             diligence to get to know your
         respect, candor, understanding, and           people.
         fairness.
     c.	When reviewing potential grants,
         inquire about a non-profit’s full             a.	Consult with legal counsel to
         costs of running its programs                     understand and abide by labor
         and operations, including its                     and employment laws applicable
         infrastructure costs; consider general            to the nonprofit’s workforce, adopt
         operating support whenever possible               appropriate policies addressing
         and, if not, ensure that a reasonable             matters such as whistleblower
         and appropriate portion of grant                  matters and employee conduct, and
         proceeds can be utilized by the non-              develop, monitor, and enforce the
         profit grantee to cover these costs.              procedures of an employee (and, if
                                                           applicable, volunteer) handbook.
     d.	Communicate clearly and on a timely
         basis with potential grantees.                b.	Develop job descriptions and clear
                                                           delegations of authority (under IL
     e.	Advise those affected by an                       law, the governing body cannot
         adverse, negative funding decision                delegate away its fiduciary duties),
         or significant policy or procedure                professional development and
         change within a reasonable period of              ongoing training of employees,
         time.                                             volunteers, and staff.
     f.	Clearly explain reporting and                 c.	Conduct appropriate diligence
         evaluation requirements and                       (including, for example, background
         periodically review these                         checks) of members of the governing
         requirements to ensure that they are              body, employees or individuals
         necessary, appropriate, and provide               serving as staff, and volunteers,
         sufficient benefit to the grantmaking             and specifically those with oversight
         organization to justify the time and              of and responsibility for financial
         effort they require of it grantees.               matters or with signing authority on
     g.	Ensure your diligence procedures are              behalf of the nonprofit.
         designed to evaluate nonprofit and            d.	Additionally, if the nonprofit has
         program sustainability, operational               volunteers:
         health of the organization, and
         receipt of timely and accurate            		     » C
                                                             onduct volunteer trainings on the
         reporting to enable you to better                  nonprofit’s mission and important
         understand your grantees and be                    rules and regulations applicable to
         better prepared to evaluate their                  the nonprofit.
         future funding requests.                  		     » C
                                                             onsider the nature of the
                                                            volunteer work to be performed
                                                            and conduct appropriate
                                                            background checks on volunteers.
                                                       e.	Set clear performance metrics
                                                           and annual reviews to determine
                                                           performance.

13
Number of Illinois Nonprofit Organizations
» A
   ll Nonprofit Organizations: 71,493
» 5
   01(c)(3) Public Charities (includes some Religious
  Organizations): 47,613
» 5
   01(c)(3) Private and Public Foundations: 6,153
» O
   ther 501(c) Nonprofit Organizations*: 17,103
*includes Civic Leagues, Chambers of Commerce, Veterans Organizations, etc.

Economic Impact of the Illinois Nonprofit Sector
» E
   mploys 585,086 – over 11% of the state’s workforce
» G
   enerates more than $115.1 billion in annual revenues
» H
   olds assets of $329.7 billion
» Illinois Foundations annually give over $3.6 billion
» Illinoisans give $9.2 billion to charity each year

14
Acknowledgements

Forefront is grateful for the input and expertise of the following individuals who
helped with the creation of this updated guide.

Jim Parsons                                      Dawn Melchiorre
The Brinson Foundation                           Forefront

Jodi Pellettiere Patt                            Lisa May Simpson
Quarles & Brady, LLP                             Forefront

Scott McFarland                                  Bryan Zarou
Serve Illinois Commission on                     Forefront
Volunteerism and Community Service

Theresa Geary
Attorney General’s Office

This publication was made possible by a generous contribution from the
Illinois State Treasurer’s Office Charitable Trust Program.

For more information on how Forefront can support your work, go to
www.MyForefront.org.
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