2024-11-15T15:26:46-05:00 2023-12-31 541896113 ROBINSON FARMER COX ASSOCIATES 530 WESTFIELD RD CHARLOTTESVILLE VA 229011726 990 2023-01-01 852523353 CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS FOUNDATION CHAR 550 HILLSDALE DRIVE CHARLOTTESVILLE VA 22901 ABBY TAMMEN SECRETARY 2024-11-15 true true DAVID E FOLEY P01457488 4349738314 2024-11-15 2023 2024-10-15 13:58:12Z TAMMY WILT 117904 false X HTTPS://WWW.CAAR.COM/COMMUNITY-INFORMA X 2021 VA THE FOUNDATION, AS CAARS PHILANTHROPIC INITIATIVE, IS INTENDED TO BE AN EFFECTIVE MECHANISM FOR REALTORS TO DONATE THEIR TIME, TALENT, AND RESOURCES TO IMPACT, SUSTAIN AND SUPPORT COMMUNITY INITIATIVES. THE PURPOSES OF THE FOUNDATION SHALL BE EXCLUSIVELY CHARITABLE AND EDUCATIONAL, FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING THE FOLLOWING PURPOSES: 1. TO LEVERAGE THE PHILANTHROPIC PASSION, KNOWLEDGE, AND SKILLS OF CAARS MEMBERSHIP AND AFFILIATES 2. TO PROVIDE VOLUNTEER OPPORTUNITIES 3. TO CREATE OPPORTUNITIES FOR CAAR MEMBERS TO LEVERAGE THEIR COMBINED GIVING POWER AND REALIZE A TAX BENEFIT, WHERE APPLICABLE 4. TO ENSURE ACCOUNTABILITY AND IMPACT OF DONATIONS THROUGH REPORTING METRICS 5. TO SEEK CONTRIBUTIONS IN FURTHERANCE OF THE FOUNDATIONS STRATEGIC COMMUNITY INITIATIVES AND PURPOSES FROM ANY SOURCE, BUT PRIMARILY FROM THE MEMBERSHIP OF THE CAAR AND OTHER INTERESTED INDIVIDUALS AND CORPORATIONS. 6. TO MANAGE 13 13 0 0 96001 111600 0 2979 6304 0 98980 117904 0 0 0 0 0 17341 20020 17341 20020 81639 97884 147661 261945 0 147661 261945 X THE FOUNDATION, AS CAARS PHILANTHROPIC INITIATIVE, IS INTENDED TO BE AN EFFECTIVE MECHANISM FOR REALTORS TO DONATE THEIR TIME, TALENT, AND RESOURCES TO IMPACT, SUSTAIN AND SUPPORT COMMUNITY INITIATIVES. THE PURPOSES OF THE FOUNDATION SHALL BE EXCLUSIVELY CHARITABLE AND EDUCATIONAL, FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING THE FOLLOWING PURPOSES: 1. TO LEVERAGE THE PHILANTHROPIC PASSION, KNOWLEDGE, AND SKILLS OF CAARS MEMBERSHIP AND AFFILIATES 2. TO PROVIDE VOLUNTEER OPPORTUNITIES 3. TO CREATE OPPORTUNITIES FOR CAAR MEMBERS TO LEVERAGE THEIR COMBINED GIVING POWER AND REALIZE A TAX BENEFIT, WHERE APPLICABLE 4. TO ENSURE ACCOUNTABILITY AND IMPACT OF DONATIONS THROUGH REPORTING METRICS 5. TO SEEK CONTRIBUTIONS IN FURTHERANCE OF THE FOUNDATIONS STRATEGIC COMMUNITY INITIATIVES AND PURPOSES FROM ANY SOURCE, BUT PRIMARILY FROM THE MEMBERSHIP OF THE CAAR AND OTHER INTERESTED INDIVIDUALS AND CORPORATIONS. 6. TO MANAGE false false 18682 ACTIVITY 1 A.GOOD NEIGHBOR AWARD B.REALTORS VOLUNTEER IN THE LOCAL COMMUNITY (CITY OF CHARLOTTESVILLE; COUNTIES OF ALBEMARLE, GREENE, FLUVANNA, LOUISA, AND NELSON) C.NOMINEES CONDUCT VOLUNTEER ACTIVITIES WITHIN THE GREATER CHARLOTTESVILLE COMMUNITY; NOMINATIONS ARE SUBMITTED ONLINE; AWARDS ARE PRESENTED BY THE CAAR FOUNDATION AT EVENTS HOSTED BY THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS D.BIANNUAL E.AWARD SUBMISSION IS FREE F.10% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; DECISION MAKING & APPLICANT REVIEW PROCESSES G.RAISING AWARENESS OF REALTORS SUPPORTING LOCAL NON-PROFITS BY VOLUNTEERING IN THE GREATER CHARLOTTESVILLE AREA A.GENERAL PARTICIPATION AND SPONSORSHIP OF CHARITABLE COMMUNITY EVENTS B.REALTORS C.GREATER CHARLOTTESVILLE COMMUNITY D.UP TO 10 TIMES PER YEAR E.NONE F.25% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; PARTICIPATION AT EVENTS G.RAISING AWARENESS AMONGST MEMBERS OF THE PUBLIC ABOUT: I.REALTORS SUPPORTING LOCAL NON-PROFITS THROUGH VOLUNTEERISM IN AND FINANCIAL CONTRIBUTIONS TO THE GREATER CHARLOTTESVILLE AREA NON-PROFITS INCLUDING BLUE RIDGE AREA FOOD BANK II.REALTORS SUPPORTING AFFORDABLE HOUSING OPPORTUNITIES BY PARTNERSHIP WITH AND FINANCIAL CONTRIBUTIONS TO HABITAT FOR HUMANITY OF GREATER CHARLOTTESVILLE, ALBEMARLE HOUSING IMPROVEMENT PROGRAM, AND COMMUNITY LAND TRUST III.REALTORS SUPPORTING DISASTER RELIEF SERVICES IN LOCAL COMMUNITIES THROUGH FINANCIAL CONTRIBUTIONS TO THE AMERICAN RED CROSS AND THE VIRGINIA REALTORS DISASTER RELIEF FUND IV.REALTORS SUPPORTING ANNUAL HOUSING SYMPOSIUM HOSTED BY THE THOMAS JEFFERSON PLANNING DISTRICT COMMISSION (REGIONAL HOUSING PARTNERSHIP) A.CHARITABLE GOLF TOURNAMENT B.REALTORS AND MEMBERS OF THE PUBLIC C.GOLF COURSE IN THE GREATER CHARLOTTESVILLE AREA D.ANNUALLY E.35% OF THE REGISTRATION FEE WILL BE A CONTRIBUTION TO THE FOUNDATION; 65% OF THE REGISTRATION FEE WILL COVER VENUES EXPENSES; ADDITIONAL HARD COSTS WILL BE COVERED BY SPONSORSHIPS (FOOD & BEVERAGE, PRIZES, MARKETING) F.30% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; EXECUTION OF THE EVENT G.RAISING FUNDS THAT WILL ALLOW THE FOUNDATION TO OFFER FINANCIAL SUPPORT FOR AFFORDABLE HOUSING NEEDS & INITIATIVES (SEE SPECIFIC INFORMATION IN ACTIVITY 2) ACTIVITY 4 A.SILENT AUCTION & RECEPTION B.REALTORS AND MEMBERS OF THE PUBLIC C.HILLSDALE CONFERENCE CENTER D.ANNUALLY E.65% OF THE REGISTRATION FEE WILL BE A CONTRIBUTION TO FOUNDATION; 35% OF THE REGISTRATION FEE WILL COVER EVENT EXPENSES; ADDITIONAL HARD COSTS WILL BE COVERED BY SPONSORSHIPS (FOOD & BEVERAGE, PRIZES, MARKETING) F.30% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; EXECUTION OF THE EVENT G.RAISING FUNDS THAT WILL ALLOW THE FOUNDATION TO OFFER FINANCIAL SUPPORT FOR AFFORDABLE HOUSING NEEDS & INITIATIVES (SEE SPECIFIC INFORMATION IN ACTIVITY 2) ACTIVITY 5 A.INTRODUCTION TO HOME OWNERSHIP SEMINARS B.MEMBERS OF THE PUBLIC; SUBJECT MATTER EXPERTS SUCH AS LENDERS, LOCAL NON-PROFITS C.HILLSDALE CONFERENCE CENTER D.QUARTERLY E.FREE F.5% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; CONDUCTING SEMINARS G.RAISING AWARENESS OF AFFORDABLE HOUSING OPPORTUNITIES; EDUCATING FIRST- TIME HOME BUYERS ABOUT HOW TO BECOME A HOMEOWNER AND CONTINUED HOMEOWNERSHIP RESPONSIBILITIES 18682 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 false 0 false false false false false false false false X 13 13 false false false false false false false true true false false true false false false false false false X ABBY TAMMEN 4348172227 550 HILLSDALE DRIVE CHARLOTTESVILLE VA 22901 X TAMMY WILT CHAIRMAN 1.00 X X 0 0 0 GREG SLATER VICE CHAIRMA 1.00 X X 0 0 0 JOHN CROCKER TREASURER 1.00 X X 0 0 0 ABBY TAMMEN SECRETARY 1.00 X 0 0 0 VIRGINIA BAREFOOT DIRECTOR 1.00 X 0 0 0 RACHEL BURNS DIRECTOR 1.00 X 0 0 0 TIMOTHY CARSON DIRECTOR 1.00 X 0 0 0 MICHAEL GUTHRIE DIRECTOR 1.00 X 0 0 0 KRISTEL HARRIS DIRECTOR 1.00 X 0 0 0 MARY KING DIRECTOR 1.00 X 0 0 0 PETER MCFARREN DIRECTOR 1.00 X 0 0 0 JESSICA RUSSO DIRECTOR 1.00 X 0 0 0 KRISTIN STREED DIRECTOR 1.00 X 0 0 0 false false false 111600 111600 1626 1626 4678 4678 4678 4678 117904 4678 1626 X 559 559 750 750 12780 12780 6 6 STRATEGIC PLANNING 5896 5896 BOD APPRECIATION 29 29 20020 18682 1338 0 90010 116553 95 57651 145297 147661 261945 0 0 X 147661 261945 147661 261945 147661 261945 97884 16400 X false false X 71000 96001 111600 278601 71000 96001 111600 278601 278601 398 1626 2024 398 1626 2024 71000 96399 113226 280625 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990 - ORGANIZATION'S MISSION THE FOUNDATION, AS CAARS PHILANTHROPIC INITIATIVE, IS INTENDED TO BE AN EFFECTIVE MECHANISM FOR REALTORS TO DONATE THEIR TIME, TALENT, AND RESOURCES TO IMPACT, SUSTAIN AND SUPPORT COMMUNITY INITIATIVES. THE PURPOSES OF THE FOUNDATION SHALL BE EXCLUSIVELY CHARITABLE AND EDUCATIONAL, FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING THE FOLLOWING PURPOSES: 1. TO LEVERAGE THE PHILANTHROPIC PASSION, KNOWLEDGE, AND SKILLS OF CAARS MEMBERSHIP AND AFFILIATES 2. TO PROVIDE VOLUNTEER OPPORTUNITIES 3. TO CREATE OPPORTUNITIES FOR CAAR MEMBERS TO LEVERAGE THEIR COMBINED GIVING POWER AND REALIZE A TAX BENEFIT, WHERE APPLICABLE 4. TO ENSURE ACCOUNTABILITY AND IMPACT OF DONATIONS THROUGH REPORTING METRICS 5. TO SEEK CONTRIBUTIONS IN FURTHERANCE OF THE FOUNDATIONS STRATEGIC COMMUNITY INITIATIVES AND PURPOSES FROM ANY SOURCE, BUT PRIMARILY FROM THE MEMBERSHIP OF THE CAAR AND OTHER INTERESTED INDIVIDUALS AND CORPORATIONS. 6. TO MANAGE THE FUNDS OF THE FOUNDATION, THE INCOME FROM WHICH IS TO BE AVAILABLE FOR FOUNDATION PURPOSES. 7. TO CONTRIBUTE SUMS, UP TO THE AMOUNT OF INCOME, FROM THE FUNDS OF THE FOUNDATION FOR CHARITABLE AND EDUCATIONAL PURPOSES WHICH, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING: A. HOUSING INITIATIVES B. EDUCATION INITIATIVES C. DISASTER RELIEF, AND D. OTHER INITIATIVES AS APPROVED BY MOST OF THE BOARD OF DIRECTORS TO MEET CRITICAL OR EMERGING NEEDS IN THE COMMUNITY. 8. TO SOLICIT, RECEIVE AND OTHERWISE ACQUIRE GIFTS OF MONEY AND OF ALL OTHER KINDS OF PROPERTY, AND TO HOLD, USE AND DISPOSE OF THE SAME, IN SUCH A MANNER AS IS DEEMED ADVISABLE IN CARRYING ON THE FOREGOING PURPOSES. 9. GENERALLY, IN FURTHERANCE OF THE FOREGOING PURPOSES, TO HAVE AND EXERCISE ALL OF THE POWERS, RIGHTS AND PRIVILEGES NOW AND HEREAFTER CONFERRED BY THE LAWS OF THE COMMONWEALTH OF VIRGINIA UPON NONSTOCK CORPORATIONS, ALL TO THE END THAT THE FOREGOING EDUCATIONAL AND CHARITABLE PURPOSES OF THIS FOUNDATION MAY BE FULLY AND EFFECTIVELY PURSUED AND ACCOMPLISHED, IN FULL COMPLIANCE WITH THE ARTICLES OF INCORPORATION OF THIS FOUNDATION AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. FORM 990, PAGE 2, PART III, LINE 4A ACTIVITY 1 A.GOOD NEIGHBOR AWARD B.REALTORS VOLUNTEER IN THE LOCAL COMMUNITY (CITY OF CHARLOTTESVILLE; COUNTIES OF ALBEMARLE, GREENE, FLUVANNA, LOUISA, AND NELSON) C.NOMINEES CONDUCT VOLUNTEER ACTIVITIES WITHIN THE GREATER CHARLOTTESVILLE COMMUNITY; NOMINATIONS ARE SUBMITTED ONLINE; AWARDS ARE PRESENTED BY THE CAAR FOUNDATION AT EVENTS HOSTED BY THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS D.BIANNUAL E.AWARD SUBMISSION IS FREE F.10% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; DECISION MAKING & APPLICANT REVIEW PROCESSES G.RAISING AWARENESS OF REALTORS SUPPORTING LOCAL NON-PROFITS BY VOLUNTEERING IN THE GREATER CHARLOTTESVILLE AREA FORM 990, PAGE 2, PART III, LINE 4B A.GENERAL PARTICIPATION AND SPONSORSHIP OF CHARITABLE COMMUNITY EVENTS B.REALTORS C.GREATER CHARLOTTESVILLE COMMUNITY D.UP TO 10 TIMES PER YEAR E.NONE F.25% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; PARTICIPATION AT EVENTS G.RAISING AWARENESS AMONGST MEMBERS OF THE PUBLIC ABOUT: I.REALTORS SUPPORTING LOCAL NON-PROFITS THROUGH VOLUNTEERISM IN AND FINANCIAL CONTRIBUTIONS TO THE GREATER CHARLOTTESVILLE AREA NON-PROFITS INCLUDING BLUE RIDGE AREA FOOD BANK II.REALTORS SUPPORTING AFFORDABLE HOUSING OPPORTUNITIES BY PARTNERSHIP WITH AND FINANCIAL CONTRIBUTIONS TO HABITAT FOR HUMANITY OF GREATER CHARLOTTESVILLE, ALBEMARLE HOUSING IMPROVEMENT PROGRAM, AND COMMUNITY LAND TRUST III.REALTORS SUPPORTING DISASTER RELIEF SERVICES IN LOCAL COMMUNITIES THROUGH FINANCIAL CONTRIBUTIONS TO THE AMERICAN RED CROSS AND THE VIRGINIA REALTORS DISASTER RELIEF FUND IV.REALTORS SUPPORTING ANNUAL HOUSING SYMPOSIUM HOSTED BY THE THOMAS JEFFERSON PLANNING DISTRICT COMMISSION (REGIONAL HOUSING PARTNERSHIP) FORM 990, PAGE 2, PART III, LINE 4C A.CHARITABLE GOLF TOURNAMENT B.REALTORS AND MEMBERS OF THE PUBLIC C.GOLF COURSE IN THE GREATER CHARLOTTESVILLE AREA D.ANNUALLY E.35% OF THE REGISTRATION FEE WILL BE A CONTRIBUTION TO THE FOUNDATION; 65% OF THE REGISTRATION FEE WILL COVER VENUES EXPENSES; ADDITIONAL HARD COSTS WILL BE COVERED BY SPONSORSHIPS (FOOD & BEVERAGE, PRIZES, MARKETING) F.30% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; EXECUTION OF THE EVENT G.RAISING FUNDS THAT WILL ALLOW THE FOUNDATION TO OFFER FINANCIAL SUPPORT FOR AFFORDABLE HOUSING NEEDS & INITIATIVES (SEE SPECIFIC INFORMATION IN ACTIVITY 2) FORM 990, PAGE 2, PART III, LINE 4D ACTIVITY 4 A.SILENT AUCTION & RECEPTION B.REALTORS AND MEMBERS OF THE PUBLIC C.HILLSDALE CONFERENCE CENTER D.ANNUALLY E.65% OF THE REGISTRATION FEE WILL BE A CONTRIBUTION TO FOUNDATION; 35% OF THE REGISTRATION FEE WILL COVER EVENT EXPENSES; ADDITIONAL HARD COSTS WILL BE COVERED BY SPONSORSHIPS (FOOD & BEVERAGE, PRIZES, MARKETING) F.30% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; EXECUTION OF THE EVENT G.RAISING FUNDS THAT WILL ALLOW THE FOUNDATION TO OFFER FINANCIAL SUPPORT FOR AFFORDABLE HOUSING NEEDS & INITIATIVES (SEE SPECIFIC INFORMATION IN ACTIVITY 2) ACTIVITY 5 A.INTRODUCTION TO HOME OWNERSHIP SEMINARS B.MEMBERS OF THE PUBLIC; SUBJECT MATTER EXPERTS SUCH AS LENDERS, LOCAL NON-PROFITS C.HILLSDALE CONFERENCE CENTER D.QUARTERLY E.FREE F.5% OF THE FOUNDATION'S TIME - MARKETING & PROMOTION; PLANNING MEETINGS; CONDUCTING SEMINARS G.RAISING AWARENESS OF AFFORDABLE HOUSING OPPORTUNITIES; EDUCATING FIRST- TIME HOME BUYERS ABOUT HOW TO BECOME A HOMEOWNER AND CONTINUED HOMEOWNERSHIP RESPONSIBILITIES FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD MEMBERS REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART IX, LINE 11G RECRUITMENT 12,780 0 0