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Investment and support from banks, insurance companies, religious investors, foundations and the federal government make it possible for IFF's loan program to grow. Favorable pricing enables IFF to maintain below-market rates. Leadership in research and public policy is funded by foundation and corporate grants. IFF offers financial partners both a sound investment, high leverage and community impact. Investors in IFF's Loan Program support lending throughout Illinois, Indiana, Iowa, Missouri and Wisconsin. New investments include: - Wachovia NEXT Award for Opportunity Finance: In December of 2009, IFF won a $5 million PRI and $500,000 grant as part of a national award acknowledging IFF's innovative capital financing model and bold strategy to expand its lending services in Illinois, Indiana, Iowa, Missouri and Wisconsin.
- Bank of America: In November of 2008, IFF received an $8 million investment to support lending in targeted communities across IFF's service area.
- The Walton Family Foundation: In December of 2007, IFF received a $5 million PRI for charter school lending, and a $600,000 grant to launch a public policy and real estate services program for choice and charter schools in Milwaukee, and charter schools in St. Louis.
For more information about investment opportunities, please contact IFF at 312-629-0060. Grants for Special Projects and Operations Annie E. Casey Foundation Arie and Ida Crown Memorial Bank of America The Chicago Community Trust Cole Taylor Bank Community Memorial Foundation Grand Victoria Foundation Harris Bank F.B. Heron Foundation The Kresge Foundation John D. and Catherine T. MacArthur Foundation Midwest Bank and Trust The Northern Trust Company Opportunity Finance Network Polk Bros. Foundation TCF Bank Illinois U.S. Department of Education U.S. Department of the Treasury CDFI Fund Walton Family Foundation Wells Fargo Foundation Wintrust Bank IFF's Investor Consortium American Chartered Bank Busey Bank Charter One Bank Cole Taylor Bank First Bank & Trust Harris Bank Jacksonville Savings Bank LaSalle Bank MB Financial Midwest Bank and Trust M&I Bank The Northern Trust Company Park National Bank and Trust Pullman Bank Wintrust Bank | Funders and Investors in the IFF Loan Program Allstate Bank Allstate Insurance Bank of America The Blowitz-Ridgeway Foundation Calvert Foundation Catholic Health Initiatives The Chicago Community Trust Chicago Public Schools Circle of Service Foundation Citigroup Cole Taylor Bank Community Memorial Foundation First Bank Grand Victoria Foundation Harris Bank Illinois Department of Commerce and Community Affairs JPMorgan Chase & Co. John D. and Catherine T. MacArthur Foundation The Kresge Foundation Marquette Bank Midwest Bank and Trust National City Bank The Northern Trust Company Opportunity Finance Network Polk Bros. Foundation Shorebank Chicago Federal Home Loan Bank State Farm Bank Trinity Health U.S. Department of the Treasury CDFI Fund Walton Foundation Wells Fargo
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