Where does the money go?
Since our inception in 1991, we have invested almost $15
Million in nearly 500 projects that enhance the Real Estate
industry and benefit the people of Alberta. We help fund a
diverse range of initiatives, including supporting studies in
entrepreneurship and Real Estate, encouraging conversations
about ground water, enhancing prairie wildlife habitat and
helping low income households pay energy utility bills.
Where does the money come from?
The Foundation’s revenue is generated by Real Estate transactions across the province. Under the
Alberta Real Estate Act, whenever a home buyer deposits money in trust through a Real Estate
broker, the interest that’s earned on the deposit is accumulated and forwarded to AREF for
reinvestment in Alberta’s communities.
The Foundation has funded over 550 community investment initiatives since 1991. View some of our most recent projects here.