Founded in 1984 by the MIBOR REALTOR® Association (MIBOR), the REALTOR® Foundation seeks “To mobilize our real estate community to raise funds and foster support for organizations that transition central Indiana’s homeless to safe and secure housing.“
Vision: Central Indiana’s homeless have access to safe and permanent housing solutions that positively change their lives.
Since its founding, the REALTOR® Foundation has awarded grants that have helped central Indiana strengthen its communities.
The REALTOR® Foundation has provided more than $2.5 Million to regional nonprofits.
We are proud to continue our commitment to the fight against homelessness. Click here to learn more about the most recent grant recipients.
Key ways we raise money and need for sustained methods and sources of income:
- Annual fund donations provide our grants. This pot of money (approx. $200,000 each year) is generated from individual gifts—transactional giving, pledges, one-time gifts
- Events (Golf Outing, The Ball, and Summer Event) fund our operations—staff time, physical materials like those we are using today—food, paper, ink, etc.
- Lastly, we raise gifts for the endowment. These are one time or deferred gifts. The endowment funds, including the interest it generates, have remained unspent. The intention of this fund is to ultimately build it up so that the interest generated could sustain $100,000 to support our operating expenses. Ultimately, achieving this will greatly increase our grant making capacity.