About Iff
IFF strengthens nonprofits and the communities they serve by providing leadership, capital, and real estate solutions.
Focus Areas
Affordable housingHealth care (community clinics)Education (K-12, charter schools)Early childhood educationArts & cultureCommunity developmentNonprofit capacity building and financial managementFood access / grocery in food desertsWorkforce development
Who They Fund
middle schools (students / school facilities)small business owners / entrepreneurs
Funding Style
About Iff
IFF’s recent grant record is dominated by facility finance for schools and early childhood education providers, including a $21,404,857 award to North Chicago School District 187 to rehab a middle school. That kind of large capital support sits alongside a broader lending and financing platform that also serves affordable housing, community health, and arts organizations. The foundation’s work is not limited to grants in the usual sense: it provides financing, development support, lines of credit, and technical assistance, and it makes program-related investments. The same pattern shows up in smaller awards. IFF gave $900,000 to Garrison Frazier Investments Inc for equipment and/or facilities rehab costs, and it provided a series of capital-oriented awards to child care and school operators across the Midwest. The organization’s own description says it strengthens nonprofits and the communities they serve by providing leadership, capital, and real estate solutions. In practice, that means helping organizations finance buildings, upgrade campuses, and keep projects moving while permanent financing is assembled. Its latest 990 year on file is 2025, and annual grants totaled $81,397,072.
What Iff Funds
Education facilities are a central part of Iff’s grantmaking. Beyond the large school rehabilitation work, it awarded $150,000 to Grand Rapids Christian Schools in Rockford, Michigan, for equipment and/or facilities rehab costs, reflecting a consistent emphasis on campus and building support. Early childhood education is another major lane. IFF gave $299,999 to Phoenix Child Care & Academy in Jackson, Michigan, for equipment and/or facilities rehab costs, and it awarded $150,934 to Creative Hearts Childcare LLC in Detroit for the same general purpose. Its programs also include direct facility-improvement support, technical consulting, and capital access for ECE providers. The foundation also backs financial infrastructure for organizations. It gave $726,000 to Bdo Fma LLC in Pittsburgh for third-party consultants who help educate and train business owners on financial management, and it provided a similar award to Bdo Fma LLC in Grand Rapids. Arts and culture organizations are served through a line-of-credit program administered by IFF.
How Iff Gives
Typical grant size sits at a p25 of $24,935, a median of $46,608, and a p75 of $74,989, which points to a mix of mid-sized awards with some much larger capital transactions. The recent list shows repeat recipient patterns: North Chicago School District 187 received two large awards in 2023 and 2024, and Bdo Fma LLC appears in both Pittsburgh and Grand Rapids. Iff is a regular funder with program-related investments and a regional scope, so its support is structured around financing, lending, and technical assistance rather than a simple open application grant model. Several active programs accept unsolicited inquiries, including ACLF, Streamlined Flex Loan, Learning Spaces, and Bridge Loans for Capital Campaigns.
Financial Snapshot
Annual Giving
$17M
Total Assets
$779.5M
Total Revenue
$134.6M
Total Expenses
$73M
Typical Grant Size
Most grants fall between $25K and $75K, with a median of $47K.
25th Percentile
$25K
Median
$47K
75th Percentile
$75K
Geographic Reach
Regional10 states funded
About 8% of grants go to recipients in MI.
Funding intensity
LowHigh
Headquarters
Leadership
Joe Neri
Accepts unsolicited proposals
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