IFF is a nonprofit lender and real estate consultant dedicated to strengthening nonprofits and the communities they serve through affordable financing, real estate consulting, research, and public policy.
Responding to the Needs of Missouri Nonprofits
As a nonprofit committed to community development, IFF support 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.
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:
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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.
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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.
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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 |
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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.
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Missouri Borrowers
- 4-Sight Counseling
- Academie Lafayette Charter School
- Annie Malone Children and Family Services
- Argentine Neighborhood Development Assocation
- Assistance League of St. Louis
- Beyond Housing
- Brookside Day School (BSDS, Inc.)
- Carondolet Leadership Academy Charter
- Childgarden Child Development Center
- Della Lamb Community Services
- 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
- Herbert Hoover Boys and Girls Club
- Hogan Preparatory Academy
- Hope Academy
- IBS Industries, Inc.
- Justine Petersen Housing and Reinvestment Corporation
- KIPP St. Louis
- Meet the Need Development Corporation
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- 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.
- 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
- Thomas Jefferson Agricultural Institute
- TouchPoint Autism Services
- UCP Easter Seals Heartland
- Urban Strategies, Inc.
- Valley Industries
- Wyman Center, Inc.
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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
IFF's research department has also conducted research specific to Missouri, including Missouri Nonprofits: Building Capacity for the 21st Century, Public School in St. Louis: Place, Performance, and Promise, and Putting Performance on the Map: Locating Quality Schools in the Kansas City, Missouri School District. IFF uses its data-driven research findings to support public policy reform and action that will attract necessary resources to highest-need areas.
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.
Around Town
Contact
To learn more about our work in Missouri or to discuss our services, please contact us.
For loan inquiries,
please call: |
For questions about our real estate consulting
services or our work with schools, please call: |
For all other inquiries,
please call: |
Kate Reese
314 588 8840 x3 |
Michelle Gleason
314 588 8840 x2 |
Kirby Burkholder
314 588 8840 x1 |
You can find directions to IFF's Missouri office on the Contact Us page.
Please click here to download a print-ready overview of IFF’s Missouri Loan Program.
