Real Estate Foundation grants can support registered non-profit organizations (including charitable organizations, municipalities, regional districts, First Nations, senior government departments, professional associations and other societies), as well as Community Contribution Companies (C3s).
There are additional eligibility rules for applications submitted through the Real Estate Industry Grant stream.
Does it fit our legislated mandate and our mission?
- Mandate: To support real estate and land use related research, public and professional education, and law reform, as well as other real estate and land use related initiatives intended for the public or professional good.
- Mission: To transform land use attitudes and practices through innovation, stewardship and learning.
Does it meet our basic criteria?
- Target real estate/land use practitioners and/or key public audiences.
- Encourage best practices.
- Address a current/emerging need.
- Increase the capacity of an organization, sector or community to improve real estate and/or land use practices.
- Have a reasonable budget.
- As a rule, Foundation support will not exceed 50% of the cash portion of the project budget, or 33% of the total budget (including in-kind donations), whichever is less;
- The Foundation typically will not act as the sole funder of a project;
- We expect that other logical partners will be approached for cash or in-kind support.
- Have clear, achievable objectives and identified deliverables, including well-developed implementation and communications plans.
- Grants are generally intended for time-bound projects or initiatives with specific objectives, activities and deliverables identified.
- Our funding is intended for the non-capital costs associated directly with a project or initiative. These costs might include, but are not limited to; project coordination and management, consultant fees, communications, production of education content, workshop delivery, community consultation and travel.
- We also recognize that any project or initiative is supported by an organisation’s overall operations and we will fund a portion of those costs as a percentage of the total costs. i.e. if appropriate applicants may choose to include ‘indirect/admin costs’ as an expense item on their budget form, and may allocate up to a maximum of 15% of the total expenses.
- Even if a project matches our eligibility criteria, there are a few activities which the Foundation does not generally fund. These activities and costs are detailed in the FAQ section.
Does it meet our effectiveness criteria?
- Leadership & innovation – We give preference to projects that demonstrate leadership in a field, either by presenting an innovative solution and/or by meeting an identified need. Innovation is the application of unique approaches to meet land use challenges through more effective processes, techniques, technologies or ideas.
- Partnership & collaboration – We encourage partnerships and collaboration with other groups and individuals that will be directly involved in planning, communicating or implementing the initiative. We encourage a diverse range of logical partners including non-profit, public and private sector.
- Sustainability & longevity – We look for initiatives that can be sustained after initial funding is obtained, and which have an ongoing legacy.
- Scalability & potential to replicate – We assess potential projects by examining how they may be replicated in other communities in BC. We ask how the initiative plans to transfer concepts, approaches and policies to other geographic regions, audiences and user groups.
The Real Estate Foundation has determined the following types of applications do not fall within its funding mandate and are not eligible for grants. Please check this list to ensure your project does not fall into one of these categories. If in doubt, please contact one of our staff for clarification.
The Foundation will not entertain applications for:
- Directed political lobbying;
- Activities of religious organizations that primarily serve their membership and/or direct religious activities, unless the community at large significantly benefits;
- Activities that will primarily or exclusively provide financial benefits for individuals;
- Retirement of debt and/or retroactive funding.