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Appraisal Institute Education Trust


About the Appraisal Institute Education Trust


The Appraisal Institute Education Trust is at a defining moment in its 55-year history. Founded exclusively for charitable, literary, educational and scientific purposes, the Trust is currently seeking to expand its level of philanthropic funding. While growth in the AIET balance sheet historically has come primarily through large, unsolicited estate gifts, the Trust is now undertaking a “Transforming Our Future” initiative to advance its mission and channel additional philanthropic resources toward areas of urgent professional importance. While celebrating the rich tradition and heritage of the real estate appraisal profession, this initiative seizes the opportunity to secure the profession’s future.

The AIET welcomes voluntary contributions from individual members, chapters and regions of the Appraisal Institute as well as from a member’s business associates, corporations and other institutions. Contributions may be made on a regular or, annual basis, in recognition of an event-- e.g., a chapter anniversary, as an “In Memoriam” gift as well as through specific bequests. All donations are acknowledged with a letter to the donor; a special card is sent to thank families for “Gifts in Memoriam.” Contributions may be tax-deductible under Section 170(a) of the Internal Revenue Code of 1986 as amended by virtue of Section 170(c)(2).

If you are able, please consider making the AIET a priority in your charitable giving this year and give something back to your profession in a positive and meaningful way.

For more information, contact Olivia Carreon at 312-335-4148 or e-mail: ocarreon@appraisalinstitute.org


Our Mission

The Appraisal Institute Education Trust is an Illinois not-for-profit corporation organized under the Illinois General Not for Profit Corporation Act of 1986, as amended. The Education Trust has been organized exclusively for charitable, literary, education, and scientific purposes. Specifically, the Education Trust:

•  Receives, administers, and disburses funds to improve, advance, research, and teach the techniques of real estate appraisal;
 
•  Promotes and conducts research to study all aspects of real estate appraisal;
 
•  Encourages and subsidizes the writing and publication of treatises, books, and pamphlets relating to real estate appraisal;
 
•  Provides support for educational institutions and other organizations that improve, advance, and teach real estate appraisal; and
 
•  Awards scholarships, grants, and internships to qualified individuals for education or work in the field of real estate appraisal.
 
Recent Projects Funded by AIET
•  The James H. Pritchett Award
•  Y.T. and Louise Lee Lum Library
•  Graduate/Undergraduate Scholarships
•  Scholarships for Minorities and Women
•  Appraisal Institute Online Education
•  Research Grants
•  Conference Education Speakers
•  Education Network Training
•  Data Storage Standards

Board of Trustees
•  Sara F. Schwarzentraub, SRA, Chair
•  David L. DuBois, MAI, Vice Chair
•  Bruce A. Kellogg, MAI
•  Gary P. Taylor, MAI, SRA
•  Alan Hummel, SRA
•  Richard D. Powers, MAI, SRA
•  Carol L. Chirpich, SRA
•  Terrell R. Oetzel, MAI
•  Joseph T. Thouvenell, MAI
•  Lawrence J. Colorito, Jr., MAI
•  Reaves C. Lukens, Jr., MAI, SRA
•  Robert W. Taylor, MAI, SRA
•  Ron D. DeVries, MAI, SRA