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
The mission of the IRPF is to: create free, efficient, transparent and equitable real estate markets anchored to private property rights; to develop civil society by establishing an ethical and trained real estate profession committed to protection of the public and organized into representative real property associations; and to promote real property ownership as a key element of strong democracies and poverty alleviation.
One Brick provides support to local non-profit and community organizations by creating a unique, social and flexible volunteer environment for those interested in making a concrete difference in the community.
We enable people to get involved, have an impact, and have fun, without the requirements of individual long-term commitments. One Brick currently operates in San Francisco, New York City, Chicago, Washington DC., Minneapolis/Saint Paul, Seattle, Orlando, Indianapolis, Silicon Valley, and Detroit.
Bethany Christian Services is a Christian non-profit offering a broad array of services in support of families and children, including adoption, foster care, counseling and refugee services.
To address the needs of the west side communities of Chicago by developing, managing, and operating group and individual programs to: Stimulate self-determination, empowerment, self-awareness, community development and revitalization, human dignity, and racial pride; Promote positive self-images in children and adults; Provide through the existing resources of the agency and by referral to others, education/training designed to lead to employment and job fulfillment; Promote citizen involvement in the improvement and stabilization of the neighborhood; Provide Early Head Start, Head Start, PreK, Child Care, After School, and Evening Programs for infants-youth and provide senior services in the community.
The West Humboldt Park Development Council is a community development organization that acts as a catalyst to create a stronger and more vibrant community.
The Vision: IOFA envisions a world where adolescents and youth are able to exercise their human rights and to realize their full potential as positive and productive members of society without fear of exploitation, violence, or neglect. The Mission: To improve the lives of young people by addressing critical and emerging issues affecting vulnerable adolescents around the world.
St. Leonard's Ministries provides residential and case management services for formerly incarcerated men and women. More than 450 individuals utilize its programs and services each year. Recidivism rates are dramatically lower at 20% than the State's rate of 50%+.
SBND is a "self-help" project that provides hands-on strategic organization planning and financial support through education, mentoring and fund development initiatives to start and grow nonprofit and small business community enterprises.
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.
Smarty Pants Are Leaders empowers youth in under-served, what we call under-estimated, children in low income communities through Art and Gardening programs. We understand that providing access to healthy nutritional choices and nature minimizes health care disparities and helps develop sustainability in all ways of life.
Harborquest's mission is to provide opportunity for a better life through appropriate employment for those disenfranchised from the mainstream economy.
The Honeycomb project equips and mobilizes youth to volunteer--with their families--in their communities. Honeycomb's unique family-based volunteer model provides an infrastructure for families in Chicago to make a lifelong commitment to improving their communities. Through strategic partnerships with local organizations and experts, we create, develop, and facilitate hands-on service experiences. Volunteers across generations learn about and address the most pressing needs in their communities, such as literacy, hunger, homelessness and care of the environment.
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!