Financing and Governance

Activities supported by voluntary donations from Illinois ASBO members, special fund-raising events, funds appropriated by Illinois ASBO Board of Directors and interest earned from a permanent endowment fund. All donations are tax deductible. 

 
All donations and funds used according to the following: 
  • No less than 60 percent for scholarships, research and policy development or charitable contributions 
  • No more than 20 percent deposited in a permanent endowment fund 
  • Approximately 10 percent for certificates, plaques and other recognition tokens for recipients 
  • Approximately 10 percent for marketing and administering the recognition programs 
  • Illinois ASBO sponsorship of events at other organization conferences 
 
 
12 MEMBER BOARD OF GOVERNANCE 
  • Executive Director (Administrator of the Foundation) 
  • Assistant Executive Director 
  • Service Associate Advisory Committee Chair 
  • Service Associate Advisory Committee Member 
  • Treasurer and Past President (2) 
  • Active Members (4) 
  • Service Associate Members (4)