Now you can raise new, unrestricted funding and promote your mission through everyday real estate transactions – at no cost to your charity or your supporters. IIC is a nonprofit and totally transparent social enterprise.
Here are just a few of the benefits to your charity:
DETAILS: When Heather Hofman got a new job in Washington D.C., she needed a real estate broker for her home sale in Boise, Idaho. Heather used IIC to find her broker and by doing so, generated $1,766 for Waters Elementary, at no cost to her.
DETAILS: Sargent Shriver National Center on Poverty Law chose a broker through IIC. As a result of their new office lease, they were able to generate $25,000 of unrestricted funds for their own mission.
DETAILS: As the result of an office lease renewal in the Central Loop, Eckhart Kolak selected Kennebec Estuary Land Trust in Maine, to receive $6,905 through Investing In Communities.
Here are just a few of our Charities
To educate and serve children and adults with autism to help them achieve their highest level of independence in their home, school and community. We provide a Special Day School program for children with autism, ages 3-21. We work with all ages in every aspect of improving the lives of individuals with developmental disabilities. We continue to educate individuals with developmental disabilities beyond the age of 21 with social skills, job skills, and job placement.
Urban Releaf understands the benefits of education and green development, which is why we provide an array of tools for our community participants to better serve not only the needs of the community, but also the needs of the ecosystem.
The Chicago Blues Museum promotes the preservation and the rich living tradition of the blues (and its musical off-springs), its pioneers and places it emerged from and evolved in through education and performance programs. These programs on the history of the blues are meant to foster worldwide appreciation of the blues as an indigenous American art form, based on the premise that the blues is among America's greatest gifts to the world. To ensure the continuance of this vibrant art form for the cultural enrichment of future generations, the Chicago Blues Museum collects, preserves, displays images, photographs, film and video footage, recordings, memorabilia, and artifacts in a state-of-the-art exhibit formats.
The mission of the AIDS Foundation of Chicago is to lead the fight against HIV/AIDS and improve the lives of people affected by the epidemic. We pursue our mission through: Advocacy, Funding and Collaboration.
Our mission is to increase the number of internationally educated nurses available for practice as bilingual, bicultural nurses in metropolitan Chicago and surrounding communities through advocacy, education, and supportive services. Our current focus is to prepare internationally educated Hispanic/Latino nurses to achieve licensure in Illinois.
Our goals are to:
- Provide educational programs for immigrant nurses to assist them in becoming registered nurses in the U.S.
- Help to develop a cadre of bilingual, bicultural nurses to address the healthcare needs of our large multi-cultural populations.
- Provide job opportunities for women. The majority of our nurses (98%) are women. Once they achieve RN licensure, they serve as role models for their families and communities. They also earn a salary of $60,000 a year or more.
The mission of The Women's Business Development Center (WBDC) is to accelerate the pace of growth of women's business ownership and micro-enterprise. Goals of the WBDC include: increasing the economic impact of women-owned businesses on families and communities; increasing awareness of business ownership as a viable means of economic self-sufficiency; and stimulating public policy and creating systemic changes which support and strengthen women's economic empowerment.
Play for Life International (PFLI) uses sports to engage and empower at-risk youth to uplift, connect, and build peace. Through sports, we can change more than a moment, we can change the game. Our Purpose: Play for Life International is dedicated to helping youth build stronger communities and better lives for themselves. We reinforce our commonalities and empower youth through convening the power of sports. Our Practice: We engage and empower at-risk youth through sustainable and substantive programming including sport-specific programs, in school and after school programs, and the coordination of equipment donations. Our Principles: * To build character and self esteem * To foster respect * To encourage healthy lifestyles that include physical activity and healthy eating * To grow a sense of community
EMBARC strives to expand the outlook of high school students from some of Chicago's most socially and economically isolated communities so as to encourage their investment in success. EMBARC provides culturally enriching experiences for students and fosters a teen-led community, in order to develop a college-going culture that brings mobility not just to the students but also the community around them.
The CPAG mission is to unite artists and communities in partnership to produce high quality public art and to extend and transform the tradition of collaborative community involved public artwork.
Seas of Peace is a sailing and conflict resolution program for Middle Eastern and American youth. Partnered with Seeds of Peace, a world leader in youth conflict resolution, Seas of Peace combines peace-building and conflict resolution with the profound experience of life at sea. The first ten days of the three week summer program are spent learning to sail small boats in Casco Bay, Maine. The remaining time is spent living aboard a traditionally rigged schooner. During both parts of the program, the participants engage in dialogue about who they are and where they come from, undergo leadership training, and discuss ways to continue working for peace back home. In choosing such an isolated environment as a sailing boat, Seas of Peace challenges the participants to truly engage with one another - offering them no choice with whom they interact.
We improve the lives of professional tap dancers in Chicago through education, health and wellness and through performing opportunities.
Learn how to generate unrestricted funding at no cost to your supporters.
That’s what we call a Charity that meets our guidelines and, as such, is able to receive Charity Support Payments from us. Generally, we will approve as an Eligible Charity any organization that is tax-exempt under Section 501(c) of the U.S. Internal Revenue Code and whose principal purpose is to address issues of health, education, employment, poverty, safety, shelter, arts, science, animal welfare and/or general welfare on a non-discriminatory basis, and no part of the net earnings of which inures to the benefit of any private shareholder or individual. We will generally not approve as an Eligible Charity any organization significantly engaged in, or attempting to influence, political, legislative, or religious activities (though we may approve organizations with a religious affiliation that provide services described above to members of the community at large without regard to their religious affiliation).
We currently pay as an Introduction Fee five percent (5%) of the Referral Fee that we receive on a transaction. We pay this Introduction Fee from the portion of the Referral Fee that we retain after paying out the Charity Support Payment.
Barring unusual circumstances, we anticipate distributing the Charity Support Payment on a transaction promptly after we receive our Referral Fee on that transaction.
Charities receive unrestricted funding and internet exposure from IIC – at no cost. When you use IIC to engage your Representing Broker, you have the right to choose a charity (your Favorite Charity) to receive a Charity Support Payment equal to 70+% of the referral fee that broker’s sponsoring broker will pay to IIC when your transaction closes.
Yes. IIC is licensed in Illinois as a real estate broker. This allows sponsoring brokers in any state to pay us a Referral Fee in full compliance with their state’s licensing regulations. But IIC has not in the past, and has no plans in the future, to act as the licensed real estate fiduciary (Representing Broker) of you or any other party in any real estate transaction.
We exist to help you make the world a little better, in a way that costs you nothing to make that good happen.
IIC provides a program, via a web based platform, (the “IIC Program”) for individuals and companies that are socially-minded to leverage the power of their real estate transactions to support a charity of their choice (an Eligible Charity) at no expense to themselves. In this way IIC provides Eligible Charities with a new fundraising resource – all at no cost to charities and their supporters!
IIC serves as a middleman between consumers and brokers, thereby making it possible for virtually any brokered real estate transaction to fund a charity of the consumer’s choosing, at no cost to that consumer. That’s because the philanthropy occurs when IIC gives most of its referral fee to a charity of the consumer’s choice. IIC does this by finding appropriate brokers for each consumer’s upcoming transaction and/or referring consumers to a broker they may already be considering. In either case, IIC is then paid a referral fee by the broker that the consumer chooses, 70% of which is given by IIC to that consumer’s Favorite Charity.
This is a question for your accountant. We have been advised as follows: There is actually a three part test: (1) the activity constitute a “trade or business”; (2) the activity be “regularly carried on”; and (3) that the activity not be ”substantially related” to an exempt function of the organization. So even if you do need to pay UBIT, your organization would likely still net over $1,000 on the sale of a $300,000 home.
We’ve set up a tracking system that enables Charity ABC to get 5% of the referral fee when a supporter of ABC chooses XYZ to get 70% of the referral fee. For a $300,000 home sale, Charity ABC would get $93.
Charities with loyal supporters are in a great position. Charities with large numbers of supporters can also do well, even if some of their supporters choose a different charity.
If your organization has a “give or get” policy for board members, you could offer to count IIC transactions that either they (or people they’ve referred!) use IIC to find a broker and pick your organization. Our broker referral request form asks how you heard about IIC and there’s a place for name and email address so we can credit people with resulting transactions. Pretty nifty!
It only takes a 3-5 minutes to complete an application. It can take up to 5 days to approve the application, but typically it’s 1 or 2. Then, it’s just a matter of getting the word out to your board, employees, and supporters – and periodically reminding them. Once you get your first success story, you’ll have an even more compelling story to tell!
IIC subtracts $50 from the first check you receive each each year, to help offset our administrative costs. If you don’t get a check, there is no fee. And after your first check each year, there are no fees.
Perhaps, your organization has all the funding it needs to meet its mission? Honestly, the only reason we can think of is that you’re too busy writing grant applications or planning annual campaigns. Signing up is easier than any grant application and having just one supporter a year use IIC to buy or sell a $300,000 home would net your organization $1,320. And, you won’t have to write a grant report!