2005

IFF and the Donors Forum of Chicago publish Getting It RIght: How Illinois Nonprofits Manage for Success, a follow up to the 1998 survey on the financial health of Illinois' nonprofits.

IFF launches its Charter Schools Capital Program, with support of an $8 million U.S. Department of Education grant, to meet the capital growth needs of Illinois' charter schools.

  



Grand Opening of the UNO Charter School Network's Carlos Fuentes Elemenatary School, a project funded in part by IFF-sponsored bonds. 

   
2004 IFF establishes a Research Department and publishes the first-ever comprehensive statewide Child Care Needs Assessment.    
   
2001 IFF closes on its 200th loan and the loan portfolio reaches $31 million.    
Gads Hill Child Care Center - The IFF’s 200th borrower.
   
2000

Research conducted for the City of Chicago results in the creation of the Children’s Capital Fund, a $42 million program of the IFF to build/renovate licensed child care centers in low income neighborhoods of Chicago.

IFF staff totals 28, with $46.5 million in total assets and $20.7 million in net assets.

 

  
Mayor Daley announces the Chicago Children’s Capital Fund with IFF leaders.
   
1998

IFF disseminates the first ever study documenting the financial health and stability of the nonprofit sector in Illinois Nonprofits: Building Capacity for the Next Century.

IFF’s Real Estate Services division now has 11 clients.

 

  


   
1996

U.S. Treasury awards $900,000 to IFF through its Community Development Financial Institutions Program.

IFF continues its growth and has now closed more than 60 loans with a $9 million loan portfolio, $27.9 million in total assets and $9.8 million in net assets.

  
CDFI Fund Director Tony Brown and IFF President Trinita Logue.
   
1994 IFF gains experience as construction manager as six child care centers are in operation as part of the Child Care Facility Development Program.

By 1994 IFF has closed 46 loans with a $5 million loan portfolio.

 
Christopher House on the northside of Chicago, one of the seven child care centers built as part of the Child Care Facility Development Program.
   
1993 IFF closes on a $1 million loan from Continental Bank, its first borrowing for the loan program.  
The seven members of the IFF staff in the early years. 
   
1992

IFF launches the innovative public private partnership, the Child Care Facility Development Program a $21.7 million program to build seven child care centers throughout Illinois.

By 1992 IFF has five staff, $25 million in total assets and $6.1 million in net assets.

  
The bond closing for the Child Care Facility Development Program.
   
1990 IFF begins operations with $1.7 million in initial support, two staff and a $2.7 million loan portfolio by year end.  
Two of IFF’s first Board of Director members, Jeanette Bitter and Jim Zacharias.
   

 


IFF One North LaSalle Street, Suite 700  Chicago, Illinois 60602
Phone:312.629.0060   Email:general@iff.org

© Copyright 2009 IFF. All rights reserved.