2023 Illinois Compiled Statutes › Chapter 105 - SCHOOLS › 105 ILCS 40/ - Illinois Distance Learning Foundation Act.

(105 ILCS 40/1)
Sec. 1. 
		Short title. 
		This Act may be cited as the Illinois Distance Learning Foundation Act.
(Source: P.A. 88-146.)
(105 ILCS 40/5)
Sec. 5. 
		Creation of Foundation. 
		The General Assembly authorizes the
Lieutenant Governor, in accordance with Section 10 of the State Agency Entity
Creation Act, to create the Illinois Distance Learning Foundation.   Pursuant
to this authority, the Lieutenant Governor shall create the Illinois Distance
Learning Foundation as a not-for-profit foundation.  The Lieutenant Governor
shall file articles of incorporation as required under the General Not For
Profit Corporation Act of 1986 to create the Foundation.  The Foundation's
Board of Directors shall be appointed by the Lieutenant Governor from time to
time.  The Lieutenant Governor shall serve as Chairman of the Board of
Directors of the Foundation.  The Director of the Governor's Rural Affairs
Council shall serve as the initial Director of the Foundation.  No member of
the Board of Directors may receive compensation for his or her services to the
Foundation.
Until January 11, 1999, while the office of Lieutenant
Governor is vacant,
the powers and duties of the Lieutenant Governor and the Office of the
Lieutenant Governor under this Act shall be carried out as provided in Section
67.35 of the Civil Administrative Code of Illinois (renumbered; now Section
405-500 of the Department of Central Management Services Law, 20 ILCS
405/405-500).
(Source: P.A. 90-609, eff. 6-30-98; 91-239, eff. 1-1-00.)
(105 ILCS 40/10)
Sec. 10. 
		Foundation purposes. 
		The purposes of the Foundation are:  to
promote increased use of communication and information technology in rural
school districts in the State of Illinois in order to improve curriculum,
access to skilled faculty, parental participation, and adult education
opportunities; to make grants and gifts in aid and support of that goal, and to
engage generally in other lawful endeavors consistent with the foregoing
purposes.  The Foundation shall operate within the provisions of the General
Not For Profit Corporation Act of 1986.
(Source: P.A. 88-146.)
(105 ILCS 40/15)
Sec. 15. 
		Organization, powers, and duties of Foundation. 
		As soon as
practicable after the Foundation is created, the Board of Directors shall meet,
organize, and designate, by majority vote, a treasurer, secretary, and any
additional officers as may be needed to carry out the activities of the
Foundation, and shall adopt bylaws of the Foundation.  The Lieutenant Governor
may
adopt other rules and regulations deemed necessary to govern Foundation
procedures.
The Foundation may accept gifts or grants from the federal government, its
agencies or officers, or from any person, firm, or corporation, and may expend
receipts on activities that it considers suitable to the performance of its
duties under this Act.  Funds collected by the Foundation shall be considered
private funds and shall be held in an appropriate account outside of the State
Treasury.  The treasurer of the Foundation shall be custodian of all Foundation
funds.  The Foundation's accounts and books shall be set up and maintained in a
manner approved by the Auditor General and the Foundation and its officers
shall be responsible for the approval of recording of receipts, approval of
payments, and the proper filing of required reports.  The Foundation may be
assisted in carrying out its functions by personnel of the Office of the
Lieutenant Governor with respect to matters falling within their scope and
function.  The Foundation shall cooperate fully with the boards, commissions,
agencies, departments and institutions of the State.  The funds held and made
available by the Illinois Distance Learning Foundation shall be subject to
financial and compliance audits by the Auditor General in compliance with the
Illinois State Auditing Act.
(Source: P.A. 88-146.)
(105 ILCS 40/900)
Sec. 900. 
		(Amendatory provisions; text omitted).
(Source: P.A. 88-146.)
(105 ILCS 40/99)
Sec. 999. 
		Effective date. 
		This Act takes effect upon becoming law.
(Source: P.A. 88-146.)