In determining which projects to support, Foundation staff and Governors ask the following questions:

• Does it fit our legislated purposes?
• Is it in line with our mission statement?
• Does it focus on aligning resources and leading learning related to sustainable land use practices?
• Does it meet basic criteria?
  • Involve logical partners
  • Target real estate/land use practitioners and/or key public audiences
  • Encourage best management practices
  • Fill a previously unmet need
  • Increase the capacity of an organization, sector, or community to improve real estate and/or land use practices
  • Does it have realistic objectives and a reasonable budget?
• Does it meet our effectiveness criteria?
  • Innovation & leadership
  • Partnership & collaboration
  • Sustainability/longevity
  • Scalability/replicability

Capital Housing Grants

[Click here] for information on the funding of capital housing projects.

Note

The Real Estate Foundation of BC relies primarily on the interest generated on real estate brokerage trust accounts for its revenue. In 2009 the Foundation received significantly less income than in previous years.

The Foundation is committed to continuing its grants program and would like prospective applicants to understand that less money will be available for disbursement in 2010, as it was in 2009. Although an application may meet the minimum requirements for a Real Estate Foundation grant, there will be many applications competing for a smaller pool of funds. This will result in fewer grant applications being approved, and those which are approved may receive less than requested.