Press Stories Featuring IFF

45 Entrepreneurs Who Are Changing the World Fast Company and fastcompany.com, December 2007/January 2008 [PDF 114kb] Quad-Cities AIDS Group Finds New, Larger Home QC Online, October 25, 2007 [PDF 32kb] Township Moves on Plan for Affordable Senior Housing Suburban Life, October 24, 2007 [PDF 20kb] Study Lists Challenges to Nonprofit Organizations to Serve Latinos Better La Luz (Sun-Times News Group), September 26, 2007 [PDF 32kb] Daycare Center Ready for a New Look Glendale Heights Press, Aug 22, 2007 [PDF 97kb] IFF Expands Territory Crain's Chicago Business, June 18, 2007 [PDF 1.46mb] Statewide CDFI Launches Midwest Expansion to Meet Nonprofit Capital Needs Profitwise (Federal Reserve Bank of Chicago), May 2007 [PDF 88kb] Banking on Academic Results: Hmong Academy to Add High School with Bank's Assistance The Business Journal (Milwaukee), April 20, 2007 Educators Look into Helping Your Kids Earlier The Daily Herald, April 6, 2007 [PDF 30kb] Renovations at the Children's Center of Tazewell County Have Transformed the Facility and Energized its Founder Peoria Journal Star, March 19, 2007		Investing in the Future: Child Care Plays Important Role in Community Development Bridges (Federal Reserve Bank of St. Louis), Winter 2007 'Expanding' Fund Would Help Charter Schools Grow Chicago Sun-Times, November 19, 2006 [PDF 18kb] City's Empowerment Zone Does Have Its Success Stories Letter to the editor Crain's Chicago Business, November 6, 2006  [PDF 5.03mb] Child Care Facilities are Going Green Pekin Daily Times, October 14, 2006  IFF Helps Church Complete Facility Expansion: $778,000 Shortfall Threatened Project Completion WICS ABC TV (Springfield), September 22, 2006  Federal CDFI Fund Gives $1.4M to Three Local Lenders Crain's Chicago Business, August 25, 2006  Area Child Care Centers Get Funding for Upgrades to Help Serve Low-Income Families WCBU Peoria Public Radio, August 18, 2006  University Provides Parents It Employs with New Community Child Care Options University of Chicago Chronicle, July 13, 2006   Child Care Experts Seek Solutions to Needs of Working Families Family Time (Lake County), June 2006  Nonprofits Discuss Challenges of Expansion The Daily Hearld, March 26, 2006 State Eyes Free Preschool Chicago Tribune, February 12, 2006
Press Releases		Top

First-Ever National Talk on the Future of Charter School Finance Financing the Future: Meeting the Needs of Charter Schools is the first conference in the U.S. to exclusively address the issue of charter school real estate finance, one of the most challenging issues for the charter school movement. Finance authorities, investors, and charter school leaders will examine and discuss financing and capital investment models being pioneered across the country.  January 30, 2007 [PDF 29kb] IFF + Federal Grant + Wall Street Financing = High-quality Charter School Choices for Inner-city Chicago Parents Through its Illinois Charter Capital Program (ICCP), IFF is the first and only financial institution in the U.S. to leverage an $8 million grant from the U.S. Department of Education to attract $18.7 million in Wall Street investments for charter schools. October 12, 2006 [PDF 26kb] IFF and Grand Victoria Foundation Help Nonprofits Go ‘Green’ With Child Care Classroom Makeover Grants Seven Peoria-area centers get classroom design problems solved, plus makeovers will employ green building techniques for added economic, social and environmental benefits. August 10, 2006 [PDF 33kb] New office helps IFF bring affordable capital to Central Illinois While IFF has been active in central Illinois for some time, with more than 50 loans closed to date, the new office in Peoria allows IFF to meet its goal of providing more personal contact and developing stronger relationships with nonprofits here. December 12, 2005 [PDF 20kb] New Study Examines Financial Health Of Illinois Nonprofits Getting It Right: How Illinois Nonprofits Manage for Success is a survey co-sponsored by IFF and the Donors Forum of Chicago on the financial health of nonprofits in Illinois. The study covers the years of 2001 to 2003 and its results highlight challenges and opportunities nonprofit organizations face.    September 27, 2005 [PDF 42kb]

lFF Exceeds 400 Loans to Illinois Nonprofits IFF's lending model, created in 1990, was backed by extensive research affirming the enormous need among nonprofits and by the success of two nonprofit loan funds piloted in the Chicago nonprofit community. Today, achieving a milestone of more than 400 closed loans throughout the state demonstrates the success of and need for IFF’s approach with Illinois nonprofits.   September 13, 2005 [PDF 25kb] lFF and Grand Victoria Foundation Award Childcare Classroom Improvement Grants IFF awarded grants to  “makeover” classrooms at Waukegan and North Chicago child care centers. The Fresh Spaces for Learning Places grants, part of IFF’s Building Blocks program, are funded by the Grand Victoria Foundation and bring vital private sector expertise to programs targeted at low-income families.    June 23, 2005 [PDF 28kb] Resources to Bring More Affordable Housing to Downstate Illinois  As part of Illinois Affordable Housing Week, IFF introduces new below-market financing available to nonprofit organizations developing affordable housing and Statewide Housing Action Coalition announced technical assistance resources for employer assisted housing programs.   March 14, 2005 [PDF 30kb] Early Child Care and Education Industry Vital to the State's Economy Conducted by the National Economic Development and Law Center, and reported by IFF, Action for Children and Chicago Metropolis 2020, a new report demonstrates for the first time the direct economic benefits of the early care and education industry as well as its long-term impact on the Illinois economy.  January 24, 2005 [PDF 41kb]