An IRS statement showing Alter Investments as the vehicle that invested $250,000 in a Bangladesh startup was a scriveners error, Sullivans campaign said.
} Sullivan said he ran Alter Global from his Petersburg home, though he used a California address on his tax documents. } .widget-row.value-only.black { The first step is to stop digging, which we can do by bringing the states retirement benefit more in line with the private sector and other states. } Alters filing said none of the donors stand to benefit from the charitys actions. Most states require all members of the legislature to disclose conflicts of interest for each measure, and ban lawmakers from voting at all in the case of a conflict. Central Illinois venture capitalist Jesse Sullivan, who launched a bid for the Republican nomination for governor, is seen Sept. 10, 2021. Illinois spends more money on school district-level bureaucracy than any state in the nation. } Stanford University Graduate School of Business. The actor suffered a brain aneurysm Feb. 18 at his Los Angeles home and died in his sleep Friday at a hospital in Burbank, California, his manager said. width: 150px; } On Day One as governor, my administration will launch a line-by-line corruption audit to root out the patronage and corruption that is costing taxpayers billions. I am running for office on a platform of faith, family, and service, which is at the heart of who I am as a person. margin: 8px auto; background-color: green; Restoring accountability to the system, so that criminals are held accountable. Hes a bridge-builder to a more unified future.. J.B. Pritzker has refused to provide basic, commonsense protections against sexual abuse in schools, while pushing radical gender curriculum throughout the state. Ballotpedia features 395,557 encyclopedic articles written and curated by our professional staff of editors, writers, and researchers. margin-top: 0px; letter-spacing: 0.03em; Abortion, January 6, Donald Trump, Critical Race Theory and whether Joe Biden is rightfully the president of the United States were the basis of questions asked to a field of six . .inner_percentage.Democratic { CHALLENGE - HIGH CRIME vertical-align: top; Sullivan raised $10,780,000 from seven out-of-town supporters in just five days. 19, 2022 at 5:48 PM CDT I will act firmly to curtail the violent crime epidemic that is plaguing our communities. JB Pritzker spent $172 million of his own money to capture the office in 2018. width: 100%; By comparison, Gov. J.B. Pritzker ran for governor promising to do something about property taxes by convening a bipartisan task force of lawmakers. Im a true outsider who will bring real change to Illinois, not just shuffling the deck chairs as our state continues to fall further and further down the wrong path. background-color: #003388; display: inline-block; padding-bottom: 0px; If we really wanted to unlock more investment dollars or more capital to help these companies, we realized the best way to do that is actually to set up a separate entity, Alter Global LLC, where they can actually invest their money and then they can get returns., Sullivan said none of the tax-deductible contributions used for his nonprofit were rolled into the for-profit entity and that Alter Global LLC paid the nonprofit Alter Global $10,000 to avoid any perceived undue benefit of the brand.. div.survey-scrollbox { height:400px; overflow:scroll; margin:20px; padding:10px; border:1px solid gray; } This is a life-changing impact for Illinois families who will only see each other at Christmas; businesses that wont have the next generation to take over, and grandparents who wont get to see their grandkids grow up. He lost in the Republican primary on June 28, 2022. Our plan will: Streamline the donation process for investors, Move from a 75% tax credit to a dollar-for-dollar tax credit, Advocate for allowing donors to deduct the contribution on federal taxes. Published: May. The video features the downstate native and founder of Alter Global in San Francisco stressing his roots growing up in central Illinois and the values he learned in the Land of Lincoln.. Currently, a loophole allows a legislator to retire a day before the end of their term and begin lobbying their colleagues the next day. .votebox-covid-disclaimer { One of the very worst things that J.B. Pritzker did as governor was breaking his promise to deliver fair maps. That was the fundamental proof that we cant trust Pritzker to clean up our state or keep his promises to Illinoisans. Please explain your answer. much-needed area of education that can help kick-start career success while limiting the amount of college debt. position: absolute; } Defend law enforcement and honor their service. clearInterval(nTimer); Counties | background-color: grey; We need to fix it. .inner_percentage.CrossFiled { Despite having more than $1 million in assets, the nonprofit Alter Global received a pandemic paycheck protection loan of $67,545, with the purpose of supporting four jobs. West Coast venture capitalist enters gov race as outsider who can beat Pritzker but GOP rivals dub him ally of Silicon Valley elites, Pritzker to pick up GOP challenge Thursday from venture capitalist who raised nearly $11 million in past six days, Pritzkers $35 million gambit: Hedge against GOPs illegitimate attacks or just more throwing money at problems?, Former Republican state senator joins race to oust Pritzker, arguing he better understands voters struggles, Downstate Republican Bailey kicks off bid for governor, vowing to speak for the ignored: Weve been used. .mw-content-ltr td.votebox-results-cell--text, A constitutional amendment that protects benefits already earned while allowing for changes to future benefits is the only way to fix this problem while keeping our promise to retirees and protecting Illinois taxpayers. U.S. Rep. Rodney Davis also is exploring a run, depending on how he fares in the Democratic drawn reapportionment of the states congressional boundaries. Click here to contact us for media inquiries, and please donate here to support our continued expansion. padding-bottom: 7px; } He said he came back because his father had later stage cancer and moved in next to him. Sullivan said he formed his for-profit venture, Alter Global LLC, in 2020 to allow it to perform as a traditional venture capital firm and invest cash as well as to attract additional investors. Boces-Sullivan: View Salary & Details: Kurt Mall J NY 2017 Boces-Sullivan N/A $65,027: Kurt Mall J: NY: 2017: N/A Boces-Sullivan: . The entity listed salaries, benefits and program services among its largest financial expenses. Steele retired all six Padres batters he faced, then headed to the bullpen to throw 25 more pitches. Jesse Sullivan: Sullivan is a downstate Petersburg native who started venture capital firm Alter Global in California in 2015. Illinois faces a massive debt ($62B) with huge unfunded pension liabilities that prevent our government from investing in priorities like better education for our children, and better internet connectivity to spur economic growth downstate. Together, Let's End Illinois' Crime Epidemic. Running for Governor to end this era of high taxes, corruption, & crime. } We have a 5-point plan to restoring educational excellence in our schools, and educational accountability to our parents: DELIVER PARENTAL CHOICE BY FUNDING STUDENTS, NOT SYSTEMS. .mw-body #mw-content-text .votebox .race_header h3.votebox-header-office-name { She . }) He will reduce the barriers to starting businesses, and reduce the taxes that make it so hard to afford real estate, hire employees, and invest in growth. } The gas tax has more than doubled under Pritzker, but his only response was to push the next hike off until after the election and force gas station owners to run campaign ads for the Democrats. Two-thirds of Illinois third graders do not meet grade-level standards for reading and math. font-weight: 300; The Michael Madigan indictment highlighted the need for genuine ethics reform in Springfield that restores Illinois citizens confidence in government, and prevents the abuses of power that have become all too common in the state capital, and have persisted for decades. padding-left: 10px; Thursday, March 2nd, 2023 11:49am. Ballot measures, Who represents me? Weve made a commitment to our public employees, and we need to do everything in our power to keep our word. } Finally, since we have a prosecutor in Cook County who refuses to bring charges against repeat violent offenders, I will work to pass a law allowing for the recall of public officials. color:white; Thank you. People are leaving Illinois in droves, and today we are 1 of only 3 states that lost residents from 2010 - 2020. The source of the funding was largely donations of cryptocurrency. Thats a massive deficit that wreaks havoc on the states long-term financial stability, and discourages employers from bringing jobs to Illinois. 0:00. (E. Jason Wambsgans / Chicago Tribune). background-color: #db0000; } .key-messages li {margin-bottom: 10px;} Jesse Sullivan, on the campaign trail, is seeing a surge of interest in his GOP governor campaign a week before June 28 primary. Our plan will: Expand pathways to post-secondary educational success and open them up to Illinois students. display: block; .inner_percentage { padding-left: 10px; } .widget-row { Do you want a spreadsheet of this type of data? We need to right-size government. ILLINOIS (WMBD) It's crunch time for all Illinois Governor candidates. } Here in Illinois, we pay some of the highest taxes in the nation, and get some of the worst outcomes in return. .mw-body #mw-content-text .votebox .race_header h5.votebox-header-election-type { . a[aria-expanded=false] .fa-chevron-down { display: none; } font-size: 0.9em; The Bangladesh investment, Sullivan said, was from another entity which he said he incorporated in Delaware, Alter Global SPV 1. Primary: March 19, 2024. Doing so will mean acting with strength of purpose to get criminal employees out of the system, and radical curriculum out of our schools. We sent questionnaires to each of the candidates on the ballot, asking them to answer questions about pension obligations, state . School districts | p.survey-response {white-space: pre-line;} width: 100% !important; Changing the Game - John O'Sullivan 2013-12-01 The modern day youth sports environment has taken the enjoyment out of athletics for our children. .race_header.democratic { All but 15 of Illinois 102 counties lost population, according to the census. Interns wanted: Get paid to help ensure that every voter has unbiased election information. .mw-body #mw-content-text th.votebox-results-cell--text { He graduated from PORTA high school in 2003 and continues to live in his hometown. He had good reason to be happy as the Wolves took . ul.key-messages {list-style-type: none; margin-left:10px; } margin-bottom: 0px; Sum up why should voters nominate you and not your opponent(s). Let's save Illinois. Elections in 2023 | font-size: 1.25em; Who is to blame for this failure? But cashless bail would all but eliminate those opportunities, allowing these defendants to go right back onto the streets. Add a seat to the Legislative Ethics Commission for a non-legislator citizen, so that the commission cannot kill investigations into their political allies with 4-4 split votes along party lines. Pay law enforcement, by introducing fair pay for sheriffs, and offering recruitment and retention incentives for officers. font-weight: 100; .race_header.republican { Ive been a venture capitalist. Reform ISBE to focus on core education, merit and competency, not political indoctrination: Increase transparency by passing House Bill 5239, requiring school districts to accept parent or guardian requests to review curriculum and learning material throughout the school year. Together, we can restore Illinois to the beautiful Land of Lincoln. @media (max-width:600px) { display: block; A healthcare system that offers great care at affordable prices. We need a robust, growing economy that offers a path to jobs, financial security, and the ability to care for our families. To defeat Pritzkers War on Families, Illinois will elect a candidate who is vested in the culture of small businesses and families in Illinois, not California, Rabine said. Step three is rooting out corruption. A defensive stalwart, Oswego Easts Tyler Jasek surprises Joliet West. Thats higher than the average per student spending on all students not just those in need in every other Midwestern state. max-width: 75px; JESSE SULLIVAN'S SAFE STREETS PLAN Sullivan, a venture capitalist who has invested in high-tech startups in Silicon Valley, has raised $11 million to launch his campaign. Jesse Sullivan. position: relative; I was exhausted., Do Not Sell/Share My Personal Information. Enforcing our laws, 2. Rather than acknowledging this emergency, Pritzker in 2021 signed sweeping, radical legislation making the problem worse effectively punishing police and reducing penalties for committing crimes. A fourth Republican today declared his candidacy for Illinois governor. In launching his candidacy for the Republican nomination for governor, 37-year-old political unknown Jesse Sullivan has touted his background as a venture capitalist as a key pillar of his campaign. border:1px solid #FFB81F; Universal school choice. } My name is Jesse Sullivan, candidate for governor. From the start of the pandemic in March 2020 to December 2021, 12 children died of COVID-19 in Illinois largest city; 228 were murdered. Weve been mocked., Suburban businessman kicks off GOP bid for governor emulating Trump, hoping to be as effective a leader in Illinois. I was exhausted., Do Not Sell/Share My Personal Information. Republican Illinois governor candidates on the issues. color: #0645ad; This ban on self-dealing would function similarly to Chicagos cross-lobbying ban, which bars state lawmakers from lobbying City Council. background-color: #f4f4f4; But other statewide hopefuls didn't survive challenges, Illinois election . .panel-heading:hover { cursor: pointer;} For decades, Democrats and Republicans have used their positions to curry favor and enrich themselves, and everyday Illinoisans suffer. State and federal campaign records show Sullivan never made a campaign donation to a candidate or political group until June of this year when he gave $10,000 to the Illinois GOPs fund for federal candidates. We think its time the regular folks in this state have their say. But not his teammates. Paul Schimpf (R) 84. DROP J.B. PRITZKERS FIGHT TO FIRE THE FEDERALLY APPOINTED HIRING MONITOR. } San Francisco venture capitalist Jesse Sullivan kicked off his campaign for governor on Thursday, giving Gov. J.B. Pritzker his first Republican challenger with an eight-figure bank account . $('.hideResponses').hide(); The other one I would not list as venture capital, Sullivan said of his initial Alter Global nonprofit venture. .image-candidate-thumbnail-wrapper { overflow-y: auto; .votebox-results-metadata { height: 22px; }) Illinoisans made their voices loud and clear when they voted on J.B. Pritzkers progressive income tax amendment. (E. Jason Wambsgans / Chicago Tribune). of Xenia, Petersburg venture capitalist Jesse Sullivan and suburban paving magnate Gary Rabine. Governor Healey Attendee List 3.1.23. Alter Global made limited financial investments and was heavily dependent on cryptocurrency for its funding. What should be done to address the agencys shortage of proper shelter for children in DCFS care? We are the only campaign to release a plan to address crime starting on day one that is backed by active law enforcement officers our Safe Streets Agenda. padding-bottom: 5px; By Linda M. Denver Arts Council Menifee (ACM) is proud to name Sheryl A. Stradling of Menifee as the March 2023 Artist of the Month. Sullivan cited professional assistance the nonprofit provided to Paystack, a Nigerian tech financial processing service, as one of its major successes. background-color: #f9d334; } Venture capitalist Jesse Sullivan joined WMBD Jesse Sullivan is a down-home guy from downstate Petersburgwith a side trip to Silicon Valley. background-color: grey; .votebox-results-metadata-p { margin-right: 10px; Give us the best example of when you displayed independence from your party or staked out an unpopular position. position: relative; padding-top: 8px; Filing Deadline (Write-In Candidates): September 2024. Florida has a six-year ban on legislators moving into lobbying positions. Jesse Sullivan. .race_header, .results_text, .results_table_container, .votebox_legend { But not his teammates. A Menard County man who is founder and CEO of a San Francisco venture capital firm confirms to The Illinoize that he is considering running for Governor. } And that corruption isnt limited to any one party. } Records dont show any charitable grants made by Alter Global as a nonprofit. In launching his candidacy for the Republican nomination for governor, 37-year-old political unknown Jesse Sullivan has touted his background as a venture capitalist as a key pillar of his campaign. Central Illinois venture capitalist Jesse Sullivan launched a bid for the Republican nomination for governor, Sept. 10, 2021. Illinois law requires lawmakers to file financial disclosure statements, but not to declare when they face a conflict of interest before taking a vote. Larsen has a net worth of $3.4 billion, according to Forbes. Alaskans interested in applying for a vacant position on a board or commission can apply here. margin: 0px 10px; How to vote | .votebox-results-cell--check { overflow: hidden; background-color: #003388; Hes focused on technologies that can both solve the climate crisis and grow the economy and put Chicago in the rightful position as a top-five global financial center by embracing fintech and crypto.
, See also:Illinois gubernatorial and lieutenant gubernatorial election, 2022. display: inline-block; Sullivan is not the first businessperson to make the governorship a first-time political aspiration. The five Republicans running for governor Bull Valley businessman Gary Rabine, Petersburg cryptocurrency venture capitalist Jesse Sullivan, Aurora Mayor Richard Irvin, state Sen. Darren Bailey . } What specific measures should be undertaken at the state government level to help Illinois citizens and families cope with rising inflation that is causing undue economic hardship? width: 350px; So, Im a long-term believer in the potential of the technology.. THE SAFE STREETS PLAN: ENFORCE THE LAW. Poll Date text-align: center; One of Illinois' strengths is its diversity. font-size: .9em; .clearfix { As Governor Jesse Sullivan Will Prioritize The Crime Crisis in our State on Day 1. Questions about Sullivans background have surfaced since the little-known resident of Petersburg in central Illinois announced his first run for political office on Sept. 9. Jesse Sullivan speaks with Fox News Digital about crime, abortion, the economy and how a conservative Republican could be elected governor in a blue state like Illinois.. Those were questions being asked across Illinois last week when Jesse Sullivan announced he was seeking the Republican nomination for governor. If you are a candidate and would like to tell readers and voters more about why they should vote for you. His campaign released an announcement video Thursday morning ahead of a downstate news conference in the afternoon. background-color: #003388; 117,514 +14.9% 14.9 % Total reported. Its first-year revenues from donations and programs was $255,865, and it ended that year with $84,741 in assets. display: inline; We must ensure no lawmakers firm can represent client interests before any government agency or legislative body. Jesse Sullivan, 37, grew up in Petersburg, about 20 miles northwest of Springfield. Anti-politician and job creator Jesse Sullivan is running for Illinois Governor and needs your support: Learn more and sign up to volunteer https://jesse. color: #fff; Sullivan moved back to Illinois the following year and continues to . What shocked me was that to a person, they said that Governor Pritzker and the Democrats never gave law enforcement a seat at the table. Self-interested teachers union bosses in Illinois prolonged the shutdown of our schools, funded extremist politicians that have made our streets unsafe, protected sexual predators, and have harmed the noble reputation of the teaching profession. font-weight: bold; What other reforms do you believe are needed at DCFS? Juneau, Alaska (KINY) - Alaska Governor Mike Dunleavy announced Thursday the appointment of Alaskans to various State boards and commissions. 33 Year Old TikTok Star #3. $('.collapse').collapse('hide'); border: 1px solid #999; Establish an American Civics Bootcamp for teachers to replace Pritzker's CRT training: Our public education system was founded to teach students how to be productive citizens and engaged members of our representative democracy. .external_links_table { width: auto !important; } Suburban businessman Gary Rabine, left, in March; State Sen. Darren Bailey, R-Xenia, center; former state Sen. Paul Schimpf, right. Each one has just days to get their message out to Illinoisans. .inner_percentage, .inner_percentage.Nonpartisan, .inner_percentage.Independent, .inner_percentage.Constitution, .inner_percentage.unknown { JB Pritzker, the current governor, hasn't gone after corruption or the special interest machine that is structurally responsible for our problems -- because he is one of them, and remains under federal investigation! @media screen and (max-width: 350px) { margin-right: 12px; .top_disclaimer { Click here to contact our editorial staff, and click here to report an error. } A new Republican candidate for Illinois governor is entering the race with a nearly $11 million campaign fund. We will be transparent about our results and regularly report our progress to taxpayers. . A year later, he founded Alter Global in Redding, California, a venture to try to back some of the best entrepreneurs around the world, he told the Cook County GOP last month. text-align: center; } Please, Illinois gubernatorial and lieutenant gubernatorial election, 2022. complete the Ballotpedia Candidate Connection Survey. .results_text { Garfinkle. 2021 was a recent record for Illinois, and confidence in the government's ability to keep us safe is declining, as is trust in the publics trust in police. The firm was acquired by U.S. digital payment firm Stripe for a reported $200 million a year ago, according to the online publication TechCrunch.