HISTORY
The California Association of REALTORS® Scholarship Foundation was
established in 1948. The foundation, which was originally called the
Glenn D. Willaman Real Estate Foundation, was suggested and started at the
Silver Anniversary Testimonial Banquet for Glenn D. Willaman, the
Association’s first Executive Officer, at the 42nd Convention of the
California Real Estate Association (as C.A.R. was previously known) in
1946. The Association wished to honor Willaman for his twenty-five
years of service to it and started the Foundation with $1,874.38 in cash, a
$1,000 bond and some donation pledges.
PURPOSE
“To provide scholarships to help students whose intelligence, qualities of leadership and health make them assets worth developing for the future good of the state.”
“To encourage people going into the real estate business to obtain a quality real estate education.”
More about the C.A.R. Scholarship Foundation:
*The C.A.R. Scholarship Foundation was organized in 1948
*The C.A.R. Scholarship Foundation is a 501(c)(3) public charity and may receive tax deductible donations
*The C.A.R. Scholarship Foundation is managed by an appointed group of 13 trustees who are members of the California Association of REALTORS®
*Funds for the Foundation come from charitable donations and bequests
*Income from Foundation assets are used to award scholarships to deserving students planning a career in real estate
For more information please call C.A.R. Staff, Lynette Flores at 213-739-8243. Thank you very much.
Revised 2/17/10
