-Beacon Place in Waukegan qualified for $25,000 -Big Brothers Big Sisters of Central Illinois in Decatur qualified for $22,821 -Center for Companies That Care in Chicago qualified for $25,000 -Chicago Area Fair Housing Alliance in Chicago qualified for $25,000 -Community Activism Law Alliance in Chicago qualified for $25,000 -DeKalb County Community Gardens in DeKalb $20,000 -Fellowship Housing in Hoffman Estates qualified for $13,000 -Ford Heights Community Service Organization qualified for $25,000 -Heaven’s View Community Development Corp./Jobs Partnership Peoria in Peoria qualified for $24,252 -Illinois Spina Bifida Association in Chicago qualified for $25,000 -Institute for Positive Living in Chicago qualified for $10,250 -Literacy DuPage in Naperville qualified for $20,000 -Options for Youth in Chicago qualified for $25,000 -Peoria Friendship House of Christian Service in Peoria qualified for $25,000 -Plant Chicago in Chicago qualified for $25,000 -St. Martin de Porres House of Hope in Chicago qualified for $25,000 -The Common Pantry in Chicago qualified for $21,050 -The Good Samaritan Inn in Decatur qualified for $25,000 -Zion Benton Children’s Service in Zion qualified for $25,000 The Illinois Treasurer The Illinois Treasurer is the state’s chief investment officer and Frerichs is a Certified Public Finance Officer. He protects consumers by encouraging savings plans for college or trade school, increasing financial education among all ages, and removing barriers to a secure retirement. As the state’s Chief Investment Officer, he actively manages approximately $28 billion. The portfolio includes $12 billion in state funds, $10 billion in college savings plans and $5.5 billion on behalf of local and state governments.
The investment approach is cautious to ensure the preservation of capital and returns $28 to the state for every $1 spent in operations. The Treasurer’s Office predates Illinois incorporation in 1818. Voters in 1848 chose to make it an elected office.