IFF strengthens nonprofits and the communities they serve by providing leadership, capital, and real estate solutions.
| Website | https://iff.org |
| Phone | (312) 629-0060 |
| communications@iff.org | |
| Languages | English; Spanish |
| Service area | Chicago |
| Serves | Small businesses / entrepreneurs |
Every service below comes with a passage taken word for word from the organisation's own website, and the link to the page that carries it. That is the directory's guarantee: nothing is published without its source.
IFF provides flexible loans ranging from $10,000 to $6.5 million+ for nonprofit facility acquisition, new construction, renovation, and equipment/vehicle purchases, with no appraisal requirements and up to 15-year terms.
We provide flexible Capital Solutions that help Midwest nonprofits plan for, finance, and build quality facilities that strengthen their communities.
IFF finances affordable housing developers through predevelopment, bridge, construction-to-permanent, and permanent loans for affordable rental projects across the Midwest.
That is why IFF is dedicated to bringing flexible financing options for affordable housing projects to communities across the Midwest.
IFF's Community Development Solutions team acts as a real estate developer across Chicago, Detroit, Grand Rapids, and St. Louis, building community-driven projects such as grocery stores, schools, and housing.
IFF serves as a real estate developer, collaborating with community stakeholders to achieve their unique visions.
IFF's research team conducts quantitative and qualitative needs assessments and studies to help communities and nonprofit organizations make data-informed facility and investment decisions.
IFF provides research services to support data-informed investment and decision-making.
IFF's Learning Spaces program provides facility improvement funding (typically $5,000-$50,000), technical assistance, and consulting services to early childhood education providers.
Learning Spaces is dedicated to helping early education providers access capital to renovate and upgrade their facilities, technical supports to identify priorities, and consult on and manage construction.
A Stronger Nonprofits Initiative program focused on strengthening child care facilities and communities.
Stronger ECE Spaces: An SNI Program. Building Stronger Child Care, Stronger Communities
An IFF program focused on supporting a stable and well-supported early childhood education workforce.
Investing in a Stable, Respected, and Well‑Supported Early Childhood Education Workforce
A four-year initiative that has awarded $14.63 million in general operating grants and provided technical assistance to 40 BIPOC-led arts and culture organizations in Chicago.
Chicago’s Cultural Treasures is a four-year equity initiative focused on strengthening, growing, and preserving organizations whose mission is to enable the creation, preservation, and dissemination of art stemming from BIPOC traditions, leadership, and culture.
An IFF initiative that funds and supports facility improvements to expand access to high-quality infant and toddler care programs in high-need Illinois communities.
The QFA Grants Program provides grants of up to $50,000 to early childhood education providers to expand infant-toddler capacity and/or enhance facility quality in these key areas
A 14-month curriculum IFF runs for cohorts of nonprofit leaders of color, combining financial management training, one-on-one financial coaching, real estate consulting, and networking to build capacity and access to capital.
The Stronger Nonprofits Initiative (SNI) aims to support nonprofits led by people of color in navigating systemic barriers to accessing capital and real estate opportunities.
IFF administers this MacArthur Foundation-funded program for Chicago arts and culture nonprofits, combining a line of credit, financial management clinics, and technical assistance, in partnership with BDO and Fifth Third Bank.
The Arts and Culture Loan Fund (ACLF) is a program designed to equip small- and medium-sized arts and culture organizations in Chicago with tools and resources to build financial stability
IFF and program partner Fifth Third Bank offer eligible arts organizations lines of credit up to $150,000 with two-year terms to cover periods of slow or irregular revenue.
An operating line of credit is a financial resource designed to support an organization during periods of low revenue, offering immediate access to capital and flexibility in repayment.
IFF-administered full-day clinics on topics like scenario planning, cash flow management, and revenue risk, each followed by individual coaching hours for participating arts organizations.
Trainings in ACLF’s financial management clinic series will explore the values, practices, and resources characteristic of financially resilient organizations.
Individualized technical assistance projects providing ACLF participant organizations a deliverable strengthening their financial management practices and capacity.
In technical assistance projects, ACLF participant organizations will receive individualized, in-depth support on a particular financial need.
IFF's real estate consultants advise nonprofit clients on facility assessments, site selection, and building purchase decisions.
IFF’s seasoned real estate consultants provided guidance to Palms-Barber and her team as they explored options for moving and expanding
IFF provides bridge loans and follow-on financing to nonprofit clients to fund facility purchase and renovation projects.
IFF initially provided a $1.2 million bridge loan to help ease the timing gap between the time NLEN expects to finish
IFF allocates New Markets Tax Credits financing to support nonprofit facility development projects such as early childhood education centers.
PNC Bank was the New Markets Tax Credits investor, with allocations coming from IFF ($7 million), LISC ($5.65 million)
IFF provides construction oversight services on behalf of nonprofit clients, managing design, zoning, public approvals, and contractor coordination during building projects.
IFF has been helping oversee the design and construction process, navigating the complexities of project blueprints, zoning requirements