From public IRS filings
IFF
CHICAGO, IL · Community Improvement
Mission
IFF leverages knowledge, capital, and resources to advance equitable and transformational outcomes in under-resourced communities, guided by our commitment to be an inclusive, anti-racist and anti-oppressive institution that honors communities as asset-rich and as experts in their own stories.
Financials (IRS Form 990)
Total revenue
$134.6M
Total expenses
$73M
Total assets
$779.5M
Program expense ratio
9530%
Source: IRS Form 990, tax year 2024.
Who funds IFF
$91.4M in foundation grants on record from 26 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Fidelity Investments Charitable Gift Fund | $60M | 1 |
| United Power for Action and Justice | $5.5M | 2 |
| National Urban League | $1M | 2 |
| Chicago Community Trust | $640K | 2 |
| Low Income Investment Fund | $300K | 1 |
| Amplify Gr | $200K | 1 |
| Opportunity Finance Network | $200K | 2 |
| Enterprise Community Partners | $147K | 3 |
| Columbus Foundation | $100K | 1 |
| Central Indiana Community Foundation | $75K | 1 |
Leadership
Joe Neri — CEO (Principal officer)
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