One of America's leading nonprofit community development financial institutions, IFF strengthens nonprofits and their communities through lending and real estate consulting. We serve nonprofits in Illinois, Indiana, Iowa, Missouri, and Wisconsin, with a focus on those that serve low-income communities and special needs populations.
Responding to the Needs of Missouri Nonprofits
As a nonprofit committed to community development, IFF supports organizations in Missouri by providing financial and real estate solutions to their facility needs. Since 1988, we have been a trusted partner to nonprofits in every sector, including health care, education, and affordable housing.
Today, Missouri Executive Director Kirby Burkholder and Loan Officer Kate Reese work together to bring IFF’s affordable, flexible lending to more nonprofits across Missouri, from the Bootheel to the metropolitan Kansas City and St. Louis areas.
IFF also provides real estate consulting services to a broad range of nonprofits in the Kansas City and St. Louis metropolitan areas. Kirby Burkholder and Real Estate and School Services Project Manager Michelle Gleason work with each nonprofit client to determine IFF’s scope of consulting services. Clients choose from a comprehensive menu of fully integrated services based on a proposal tailored to specific needs, all at below-market rates.
View this short video, from KPLR Channel 11's All About Business St. Louis, to learn more about
the ways IFF's Missouri office supports nonprofits.
IFF’s commitment to nonprofits in Missouri goes beyond the office. Each IFF staff member in Missouri is involved with nonprofit boards, including: Lemay Housing Partnership, St. Louis Language Immersion Schools, Missouri Charter Public School Association, City of St. Louis Mental Health Board, and the United Way of Greater St. Louis Community Investment Committee.
Kirby Burkholder notes, “It has been so rewarding to work closely with Missouri nonprofits as they think strategically about facilities and the connection to financial and operational health. We will continue to grow our office to respond to the needs of Missouri nonprofits as they continue to serve the people of Missouri.”
A few highlights of the agencies we've been proud to work with in Missouri are below:
Beyond Housing’s Save-A-Lot Grocery Store, Pagedale, Missouri Residents of Pagedale, just west of St. Louis, had no access to affordable grocery stores—the few convenience stores nearby are expensive and do not carry produce, meat, or poultry. In 2009, IFF provided a $1,245,000 loan to Beyond Housing, a NeighborWorks organization, to build a grocery store. IFF’s loan filled a financing gap for this New Market Tax Credits transaction led by US Bank. Save-A-Lot leases the building from Beyond Housing and provides residents with savings of up to 40 percent compared to conventional grocery chains. For more information on this project, please click here.
"IFF was instrumental in making this project happen. Financing grocery stores in low and moderate income communities is a daunting task but IFF’s flexibility, creativity, and knowledge of community development allowed this dream to become a reality." —Chris Krehmeyer, Executive Director, Beyond Housing, Inc.
Hogan Preparatory Academy, Kansas City, Missouri With the help of a $250,000 equipment loan from IFF, Hogan Preparatory Academy (Hogan Prep), who has operated a high school since 1999, opened its first middle school in August 2011.
IFF congratulates Hogan Prep for the local and national attention the school recently received. Due to its outstanding performance last year, the school received a 2010 College Board Inspiration Award for their college-preparation programs and partnerships among teachers, parents, and community organizations. Hogan Prep was one of only three schools across the country to receive the annual award. Hogan Prep also won the Missouri Charter Public School Association (MCPSA) Charter School of Excellence Award for the past two years.
Hogan Prep serves a 98 percent minority and 80 percent low-income student population. Last year, 100 percent of Hogan Prep's graduates were accepted into college.
Click here to see the recent Fox 4 News story about the recognition Hogan Prep has received for its achievements.
Paraquad, St. Louis Relocation is stressful, especially for an organization dedicated to people with disabilities for whom location and accessibility are paramount. A 20-year, $1 million IFF loan, subordinate to financing offered by Pulaski Bank, enabled Paraquad to secure a permanent, centrally located home for its operations. For more information on this project, please click here.
"They are used to dealing with nonprofits, they understand what they are looking at when they see your financials—they know who you are.” —Jeff Lee, Chief Financial Officer, Paraquad
Restored Hope Remedial Services, Independence, Missouri In 2009, IFF made a 15-year $190.000 loan to Restored Hope Remedial Services (RHRS) which enabled them to acquire the 5,500 square foot building they were occupying and make improvements. RHRS offers a full range of diagnostic and neuroscience-based therapies for children, adults and seniors with learning disabilities.
The upper floor of the building is used for a private school which complements the primary diagnostic and therapeutic services program offered on the first floor—the school accepted its first students in September 2010.
Click here to see the recent Fox 4 News story which highlights the difference RHRS has made in lives of some of the school's students.
Missouri Borrowers
4-Sight Counseling
Academie Lafayette Charter School
Annie Malone Children and Family Services
Argentine Neighborhood Development Assocation
ArtsTech
Assistance League of St. Louis
Beacon Health Center
Beyond Housing
Boys and Girls Clubs of Greater Kansas City
Boys and Girls Clubs of Greater St. Louis
Brookside Day School (BSDS, Inc.)
Carondolet Leadership Academy Charter
Childgarden Child Development Center
City Garden Montessori Charter School
Della Lamb Community Services
Gateway 180 :: Homeslessness Reversed
Gateway Greening, Inc.
Gateway Science Academy
Good Shepherd School for Children
Grace Hill Settlement House, Inc.
Grand Center, Inc.
Great Circle
Habitat for Humanity St. Louis
Hogan Preparatory Academy
Hope Academy
IBS Industries, Inc.
Justine Petersen Housing and Reinvestment Corporation
KIPP St. Louis
Meet the Need Development Corporation
Metropolitan Community Church of Greater St. Louis
Mid-Coast Radio Project, KKFI 90.1 FM
Neighborhood Houses
Paraquad, Inc.
Planned Parenthood of Kansas and Mid-Missouri
Project, Inc.
Regional Housing and Community
Development Alliance
reStart, Inc.
Restored Hope Remedial Services
Riverview West Florissant Development Corporation
Saint Louis ConnectCare
St. Louis Language Immersion Schools
St. Martin's Child Center
South City Preparatory Academy
South Grand Community Improvement District
SSDN
St. Clair Associated Vocational Enterprises, Inc.
TouchPoint Autism Services
UCP Easter Seals Heartland
Urban Strategies, Inc.
Valley Industries
Wyman Center, Inc.
IFF has worked throughout Illinois since its inception. The full list of borrowers, including those in Illinois' Metro East area, can be found on IFF’s Our Borrowers webpage.
Please click here to browse an interactive map of IFF loans and real estate projects.
Improving the Landscape in which Missouri Nonprofits Operate
Read more about IFF's research of public schools in St. Louis in the St. Louis Post-Dispatch, along with interactive graphics of public schools in the 16 zip code areas in the city.
The United Way of Greater St. Louis recently announced the service areas eligible for its 2012 one-time grant opportunities. Awards range from $1,000 to $25,000 depending on service type. The first application deadline is March 16. To learn more about the grants and eligibility criteria, visit https://www.stl.unitedway.org/onetimegrants.aspx.
Around Town
May 7 | Attending Justine PETERSEN's 4th Annual Small Business Week Panel | St. Louis
May 22 | Participating in Meet the Neighbors: CDFIs Working Next Doorat the Kansas CDFI Forum | Kansas City
June | Attending Nonprofit Missouri's first conference Building Relationships - Strengthening Nonprofits:2012 Before Disaster Strikes: Lessons from Joplin | Joplin
