How you can make an impact
The Alberta Real Estate Foundation invests in real estate policy, research, practices, and education that strengthen Alberta’s communities. The first step in getting funding for your project is to contact us to discuss whether it fits in one of the four areas in which we advance the real estate industry and benefit Albertans.
Recognizing Alberta’s current challenges, we will give priority to projects that focus on real estate and economic recovery and resilience.
The Foundation regularly examines these areas of interest to ensure they resonate with the needs of Albertans, the industry and organisations working throughout the province.
The Foundation’s revenue is generated by real estate transactions, both sales and rental, across the province. Under the Real Estate Act, whenever a consumer deposits money in trust through a real estate broker, property manager, or commercial broker, the interest that is earned on the deposit is accumulated and forwarded to the Foundation for reinvestment into Alberta’s communities.
The Real Estate Act states that the Foundation’s purpose is to promote and undertake:
- the education of related professionals and the public in respect of the real estate industry,
- law reform and research in respect of the real estate industry, and
- other projects and activities to advance and improve the real estate industry.
The Alberta Real Estate Foundation defines real estate as, “All real estate assets involve land. Real estate is real property. This includes the natural resources, minerals, water, growth, and any improvements of real property. The real estate industry is the buying, selling, leasing, development, management and stewardship of real property. Real estate professionals and Albertans may be involved in any of the above activities.”