C.A.R. Scholarship Foundation

**ABOUT THE FOUNDATION: OUR STORY ** 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. The Foundation help students whose intelligence, and qualities of leadership make them assets worth developing for the future good of the state and encourage people going into the real estate business to obtain a quality real estate education. The Foundation is a 501(c)(3) non-profit organization and may receive tax-deductible contributions, Tax I.D. 23-7230340. The C.A.R. Scholarship Foundation works in conjunction with the existing C.A.R. Education Foundation which was established in 2005. Trustees/Directors from the Foundations are available for presentations at REALTOR® associations or Colleges/Universities with a Real Estate Program. The Foundations are led by an appointed group of 13 Trustees/Directors who are members of the California Association of REALTORS®.