Director of State Investments & Banking at Illinois Treasurer
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Team
Decision makers at Illinois Treasurer
Chief Fiscal Officer
Chief Information Officer
Chief Information Officer & Director of Operations
Chief Internal Auditor
Deputy Chief Financial Product Officer and Director of College Savings
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Board meetings, strategic plans, and buyer signals from Elizabeth Turner’s organization
The committee received updates on previous grant cycles and documentation compliance for grantees. Key actions included the approval of recommended grant awards for the Spring 2026 cycle. Furthermore, the committee reviewed a financial status report for the Charitable Trust Fund and discussed the logistics and timelines for the 2026 Small Food Program and the upcoming Fall 2026 grant application cycle.
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The board received Q4 2025 program updates regarding funded accounts and asset growth, discussed ongoing employer enforcement activities, and reviewed legislative updates including recent administrative rule adoptions. A quarterly report was presented covering program metrics, marketing activities, and field team outreach efforts. Market performance analysis was provided, detailing fixed income returns and equity performance. The board approved changes to the investment lineup to align with the upcoming program manager conversion and formally approved the renaming of the program to My Illinois Savings.
The committee meeting included updates on the status of current and past grantees along with the Fall 2025 finalists. A report was provided regarding the current application cycle for Spring 2026 and the financial status of the Charitable Trust Fund. Additionally, the committee discussed the Charitable Trust Small Food Program pilot, specifically the rules process and preparations for the upcoming application window.
The agenda includes staff updates regarding program implementation, enforcement, and the budget. The Board will discuss the quarterly report, focusing on program review, outreach, marketing, communication, and investment review, as well as the implementation timeline for the 2026 wave. Additional action items involve the approval of the Investment Policy Statement and the renewal of the Board Insurance Policy. The meeting concludes with a presentation on the environmental landscape by the AKF Consulting Group.
Extracted from official board minutes, strategic plans, and video transcripts.
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