The Appraisal Institute Relief Foundation was incorporated in December 2005 as a charitable not-for-profit organization. The general purposes of the Foundation are: "To provide emergency financial assistance (i) to Designated Members, Candidates for Designation, Practicing Affiliates, Affiliates, employees (and dependents of AI individuals and employees), of the Appraisal Institute, a nonprofit organization, and (ii) to individuals who have made meaningful contributions to the real estate profession, who have experienced a disaster or emergency that has left the recipient in a state of financial, physical or emotional distress." Contributions are welcome at any time from AI individuals as well as anyone with a desire to provide assistance.
Emergency Financial Assistance
The Appraisal Institute Relief Foundation is available to provide emergency financial assistance to those who may need it. If you need assistance, or are aware of any eligible recipients who may, please contact the Appraisal Institute Relief Foundation at firstname.lastname@example.org for more information or complete the application below:
Contribute to the AI Relief Foundation
Mail or Fax
Please download and complete this form and send to:
Appraisal Institute Relief Foundation
c/o Appraisal Institute
200 W. Madison, 15th Floor
Chicago, IL 60606
T (312) 335-4154
F (312) 335-4155
The Appraisal Institute Relief Foundation is pleased to announce that the IRS has approved our application for 501(c)(3) status. A 501(c)(3)organization is exempt from paying federal income taxes. Additionally, all persons and organizations that make contributions (money or property) to a 501(c)(3) organization are able to claim deductions for their donations on the their federal income tax under section 170 of the Internal Revenue Code.
A Message From the AI Relief Foundation
The Appraisal Institute Relief Foundation Board thanks everyone for their generosity in the wake of Hurricane Katrina. The Foundation developed out of membership interest to provide direct assistance to members and employees of the Appraisal Institute affected by Hurricane Katrina.
Through the end of 2008, the AIRF received approximately $330,000 in chapter, AI individual and Appraisal Institute employee contributions, and disbursed approximately $81,000 to 50 individuals. Funds received by the Appraisal Institute Relief Foundation are allocated directly to victims requiring assistance, with the exception of marginal administrative costs.
The AIRF continues to receive positive feedback from those who have benefited from the disbursements, with disaster victims generally expressing sincere appreciation, particularly as the organization recognized their plight and reached out to provide both personal and financial support. Typifying these responses, one recipient wrote, "You folks prove that people are genuinely good by nature. Those of us who have been caught up in this phenomenal disaster certainly appreciate what you are doing for us."
The long-range goal of the AIRF is to be able provide immediate assistance to AI individuals who are victims of catastrophic disasters. To that end, the AIRF continues to solicit donations for future needs, and a voluntary contribution to AIRF is now included on dues and fees notices. On behalf of the Appraisal Institute Relief Foundation, thank you again for your generosity:
John Y. Fiser, MAI, SRA
Robin D. Czarnecki-Griffin, SRA
Ken P. Wilson, MAI, SRA
Thomas A. Stark, MAI
Richard J. Murray, SRA
Carlos J. Ortiz
Russell K. Sterling, MAI