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The Real Estate Foundation is a philanthropic organization created in 1985 by an amendment to the Real Estate Act. It is continued under the new Real Estate Services Act, which came into force January 1, 2005. Under the Act, the Foundation's purposes are: "to undertake and carry out real estate public and professional education, real estate law reform, real estate research and other projects intended for the public or professional good in relation to real estate activities." (Part 7, Division 1) The Real Estate Foundation enjoys wide latitude to interpret and execute its mandate as broadly set out in the Real Estate Services Act. The Board of Governors has established the Foundation's mission, as follows:
The Real Estate Foundation provides both project funding and endowment grants to non-profit organizations. Endowment grants are available only to organizations with charitable status (federal tax number). Project funding is granted to help an organization attain particular goals in a specified time period. See the 'How to Apply' section of this website for information on the Foundation's funding criteria. More information:
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