June 1, 2023

Partnering in change: Our 2021-2022 Annual Report

Following two years of deep listening, reflecting, and reviewing, we are excited to share that the Foundation had a successful year one implementing our new 2022-2025 Strategic Plan.

Grounded in our legislated Mandate, this new plan clarifies the Vision, Mission, and Values of the Foundation, and reflects the understanding we gained through the conversations with our stakeholders, and with ourselves on how our work can better address the needs of the real estate industry and Albertans. Outreach, Accountability, and Effectiveness are the Strategic Priorities guiding our actions and activities.

The Foundation is strategically using its funds to partner with the real estate industry in response to the call for innovative solutions for our increasingly complex and changing economic and social environment. Our efforts are also aligned with the government’s, to deliver on its mandate in the service of Albertans and strengthening Alberta’s economy.

We are thrilled to share that the Foundation approved $956,066 to 30 initiatives during our 2021-2022 fiscal year, benefitting all four real estate sectors: Commercial, Condominium, Mortgage, and Residential. Importantly, the initiatives also benefit the people within those sectors: industry leaders, real estate professionals including REALTORS®, brokers and managers, and landowners, homeowners, and tenants.

The initiatives we invested in reflect a thoughtful response to what we heard from our stakeholders and what we continue to learn from the real estate industry ecosystem. We heard that the Foundation should play a more visible role and offer critical support in addressing the massive changes that the real estate industry is facing. We also heard and understand that the different sectors and geographic regions face unique issues that require their own paths of research, application, and understanding.

Eight of the fifteen initiatives we funded through our Development Grant and Investment Grant Programs positively contribute to advancing real estate leadership, responding to the need to build capacity to keep pace with the many demographic, cultural, social, environmental and financial changes that are intersecting for the industry.

We reached twelve first-time grant recipients, evidence of the effectiveness of our efforts to increase the industry’s and public’s awareness of our work and funding opportunities. We are thrilled to reach new and varied grant recipients in all corners of the province and share that we are here to fund impactful initiatives, to connect people, and to share knowledge.

We invite you to explore and join us in celebrating the initiatives that the real estate and related industries brought forward for our investment.

Read our 2021-2022 Annual Report

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