About Us
The Foundation was established at the request of the membership – the idea for the Foundation came from the business planning sessions in 2007 and 2008 – members wanted a 501(c)(3) corporation that could accept tax deductible contributions and respond quickly to national disasters in Connecticut; similar to the manner in which the National Association of REALTORS® Relief Foundation functioned after Hurricane Katrina.
The Foundation formalizes the charitable efforts of the Association – in the past, CTR has responded generously when disaster struck (the 9/11 tragedy, Hurricanes Katrina and Rita in the gulf coast, the tornadoes in Kansas) and the Foundation is the natural progression of that tradition.
The Foundation is not CTR – the Connecticut Association of REALTORS® Foundation, Inc. was established in February 2009 as a separate entity, independent of CTR with a separate Board of Trustees.
- Click here for a copy of the CAR Foundation's IRS letter of determination.
- Click here for a copy of the CAR Foundation's 2019 Form 990.
The Raymond F. Gates, Jr. Scholarship Fund is now part of the Foundation. The fund was transferred to the Foundation in 2009 and that money along with all future donations to the scholarship fund will only be used to award scholarships to the children of Connecticut REALTORS® – nothing has changed except that donations to the scholarship fund are now tax deductible.
More than $1 million
in scholarships
has been awarded since 1976 |
The Foundation needs funding to fulfill its mission statement – in addition to awarding scholarships, the Foundation’s mission is "To be good neighbors to our members, our communities and the world." Due to minimal resources, the Foundation has limited its assistance (aside from scholarship awards) to making donations to disaster relief efforts but would now like to expand its efforts to other areas..
Meet the Foundation Trustees
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