An appointed Board of Governors oversees the mission of the Alberta Real Estate Foundation. The Alberta Real Estate Foundation's Board of Governors is comprised of industry and public volunteers that represent the heart of the organization. They collectively make decisions about each grant to create successful and meaningful results that benefit the people of Alberta.

The Foundation is independent of organized real estate, government and licensing authorities. Some of these bodies appoint nominations for the Board of Governors. Governors are appointed for a three-year term and are limited to serving for two three-year terms.

Governor	Appointment	Composition
Les Phillips - Chair, Edmonton	Sept 12, 2006	Alberta Real Estate Association
Tim Walsh - Past Chair, Ft McMurray	Nov 1, 2003	Alberta Real Estate Association
Sherry Belcourt-Darby - Edmonton	Nov 1, 2010	Alberta Real Estate Association
Graham Downey - Edmonton	Nov 7, 2007	Real Estate Council of Alberta
Jay Freeman - Edmonton	Jan 1, 2008	Foundation - Public Appointment
Colleen Killingsworth - Calgary	Jan 1, 2010	Foundation - Public Appointment
Richard Parker - Calgary	Dec 6, 2007	Real Estate Council of Alberta
Gary D. Willson - Calgary	Jan 1, 2009	Foundation - Public Appointment