States We Serve
| IFF in Missouri |
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Since entering the Missouri marketplace in 2006, IFF has provided over 25 below-market loans to regional nonprofits for a total principal of almost $14 million. In 2008, IFF opened its first-ever Missouri office to become a permanent fixture in the local nonprofit landscape. Missouri Director Kirby Burkholder, who oversees IFF's three Missouri staff, 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 serve Missouri nonprofits as they continue to serve the people of Missouri.” IFF works across sectors with agencies like Brookside Day School. The Kansas City-based charter school was looking for new facilities to accommodate its expanding student body. IFF helped Brookside with planning and site selection, provided a $1 million subordinate loan and helped secure a $2.2 million bank loan to complete the package, and later made an additional loan for Furniture, Fixtures, and Equipment. “The IFF philosophy got us a building we can afford and that will provide us with the program space we need,” says Brookside’s Executive Director Millie Krna. IFF also plays a special role in helping Missouri charter schools obtain critical facility financing and real estate planning guidance. We are adding new staff to focus on increasing the number of high performing charter school options in Missouri through public policy and coordinated real estate consulting services.IFF's research department has also conducted research specific to Missouri, including: 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.Missouri Borrowers
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