Earlier this year, we at the REALTOR® Foundation and our Board of Directors reviewed, critiqued, and revised our mission and vision statements. We felt it needed to more accurately portray the broad spectrum of homelessness that our grantees seek to serve, and the even broader range of care necessary for those that have experienced the trauma of being without a home.
Mission: The REALTOR® Foundation supports local nonprofits solving homelessness in central Indiana.
Vision: Everyone in our community has a safe place to call home.
Since its founding in 1984 by the MIBOR REALTOR® Association, the REALTOR® Foundation has awarded grants that have helped central Indiana strengthen its communities, providing more than $2.8 Million to local nonprofit organizations. We are proud to continue our commitment to the fight to prevent and end homelessness. Click here to learn more about our 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.