Charlottesville Area Association Of Realtors Foundation

THE FOUNDATION, AS CAARS PHILANTHROPIC INITIATIVE, IS INTENDED TO BE AN EFFECTIVE MECHANISM FOR REALTORS TO DONATE THEIR TIME, TALENT, AND RESOURCES TO IMPACT, SUSTAIN AND SUPPORT COMMUNITY INITIATIVES. THE PURPOSES OF THE FOUNDATION SHALL BE EXCLUSIVELY CHARITABLE AND EDUCATIONAL, FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING THE FOLLOWING PURPOSES: 1. TO LEVERAGE THE PHILANTHROPIC PASSION, KNOWLEDGE, AND SKILLS OF CAARS MEMBERSHIP AND AFFILIATES 2. TO PROVIDE VOLUNTEER OPPORTUNITIES 3. TO CREATE OPPORTUNITIES FOR CAAR MEMBERS TO LEVERAGE THEIR COMBINED GIVING POWER AND REALIZE A TAX BENEFIT, WHERE APPLICABLE 4. TO ENSURE ACCOUNTABILITY AND IMPACT OF DONATIONS THROUGH REPORTING METRICS 5. TO SEEK CONTRIBUTIONS IN FURTHERANCE OF THE FOUNDATIONS STRATEGIC COMMUNITY INITIATIVES AND PURPOSES FROM ANY SOURCE, BUT PRIMARILY FROM THE MEMBERSHIP OF THE CAAR AND OTHER INTERESTED INDIVIDUALS AND CORPORATIONS. 6. TO MANAGE

ACTIVITY 1 A.GOOD NEIGHBOR AWARD B.REALTORS VOLUNTEER IN THE LOCAL COMMUNITY (CITY OF CHARLOTTESVILLE; COUNTIES OF ALBEMARLE, GREENE, FLUVANNA, LOUISA, AND NELSON) C.NOMINEES CONDUCT VOLUNTEER ACTIVITIES WITHIN THE GREATER CHARLOTTESVILLE COMMUNITY; NOMINATIONS ARE SUBMITTED ONLINE; AWARDS ARE PRESENTED BY THE CAAR FOUNDATION AT EVENTS HOSTED BY THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS D.BIANNUAL E.AWARD SUBMISSION IS FREE F.10% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; DECISION MAKING & APPLICANT REVIEW PROCESSES G.RAISING AWARENESS OF REALTORS SUPPORTING LOCAL NON-PROFITS BY VOLUNTEERING IN THE GREATER CHARLOTTESVILLE AREA

ACTIVITY 4 A.SILENT AUCTION & RECEPTION B.REALTORS AND MEMBERS OF THE PUBLIC C.HILLSDALE CONFERENCE CENTER D.ANNUALLY E.65% OF THE REGISTRATION FEE WILL BE A CONTRIBUTION TO FOUNDATION; 35% OF THE REGISTRATION FEE WILL COVER EVENT EXPENSES; ADDITIONAL HARD COSTS WILL BE COVERED BY SPONSORSHIPS (FOOD & BEVERAGE, PRIZES, MARKETING) F.30% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; EXECUTION OF THE EVENT G.RAISING FUNDS THAT WILL ALLOW THE FOUNDATION TO OFFER FINANCIAL SUPPORT FOR AFFORDABLE HOUSING NEEDS & INITIATIVES (SEE SPECIFIC INFORMATION IN ACTIVITY 2) ACTIVITY 5 A.INTRODUCTION TO HOME OWNERSHIP SEMINARS B.MEMBERS OF THE PUBLIC; SUBJECT MATTER EXPERTS SUCH AS LENDERS, LOCAL NON-PROFITS C.HILLSDALE CONFERENCE CENTER D.QUARTERLY E.FREE F.5% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; CONDUCTING SEMINARS G.RAISING AWARENESS OF AFFORDABLE HOUSING OPPORTUNITIES; EDUCATING FIRST- TIME HOME BUYERS ABOUT HOW TO BECOME A HOMEOWNER AND CONTINUED HOMEOWNERSHIP RESPONSIBILITIES

A.GENERAL PARTICIPATION AND SPONSORSHIP OF CHARITABLE COMMUNITY EVENTS B.REALTORS C.GREATER CHARLOTTESVILLE COMMUNITY D.UP TO 10 TIMES PER YEAR E.NONE F.25% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; PARTICIPATION AT EVENTS G.RAISING AWARENESS AMONGST MEMBERS OF THE PUBLIC ABOUT: I.REALTORS SUPPORTING LOCAL NON-PROFITS THROUGH VOLUNTEERISM IN AND FINANCIAL CONTRIBUTIONS TO THE GREATER CHARLOTTESVILLE AREA NON-PROFITS INCLUDING BLUE RIDGE AREA FOOD BANK II.REALTORS SUPPORTING AFFORDABLE HOUSING OPPORTUNITIES BY PARTNERSHIP WITH AND FINANCIAL CONTRIBUTIONS TO HABITAT FOR HUMANITY OF GREATER CHARLOTTESVILLE, ALBEMARLE HOUSING IMPROVEMENT PROGRAM, AND COMMUNITY LAND TRUST III.REALTORS SUPPORTING DISASTER RELIEF SERVICES IN LOCAL COMMUNITIES THROUGH FINANCIAL CONTRIBUTIONS TO THE AMERICAN RED CROSS AND THE VIRGINIA REALTORS DISASTER RELIEF FUND IV.REALTORS SUPPORTING ANNUAL HOUSING SYMPOSIUM HOSTED BY THE THOMAS JEFFERSON PLANNING DISTRICT COMMISSION (REGIONAL HOUSING PARTNERSHIP)

A.CHARITABLE GOLF TOURNAMENT B.REALTORS AND MEMBERS OF THE PUBLIC C.GOLF COURSE IN THE GREATER CHARLOTTESVILLE AREA D.ANNUALLY E.35% OF THE REGISTRATION FEE WILL BE A CONTRIBUTION TO THE FOUNDATION; 65% OF THE REGISTRATION FEE WILL COVER VENUES EXPENSES; ADDITIONAL HARD COSTS WILL BE COVERED BY SPONSORSHIPS (FOOD & BEVERAGE, PRIZES, MARKETING) F.30% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; EXECUTION OF THE EVENT G.RAISING FUNDS THAT WILL ALLOW THE FOUNDATION TO OFFER FINANCIAL SUPPORT FOR AFFORDABLE HOUSING NEEDS & INITIATIVES (SEE SPECIFIC INFORMATION IN ACTIVITY 2)