The Wisconsin Commercial REALTORS Education and Research Fund (CARW Foundation) is a 501(c)3 organization that began in 2018. It was announced at the CARW 25th Anniversary Celebration by Chairman, Steve Pape. The effort was formalized in 2020 by a group of commercial real estate professionals dedicated to enhancing the careers of commercial real estate professionals and the communities in which we live.
Purpose
The purpose of the CARW Foundation is to provide scholarships for commercial real estate students, and to support research that benefits the Wisconsin commercial real estate community.
Activities
- Support/fund grants for commercial real estate practitioners looking to further their knowledge through attendance at commercial real estate educational designation programs.
- Support / fund scholarships for college students pursuing commercial real estate brokerage.
- Support primary and secondary research for commercial real estate and community funding issues including community development initiatives.
Founding Members
2020/21 Officers:
President of the Board | Steve Pape, Revel Real Estate Investments
Secretary of the Board | Joseph F. Lak Jr., The Heimat Group
Treasurer of the Board | Benjamin Adank, Cushman & Wakefield | The BOERKE Company
Director | Curt Pitzen, Newmark
Executive Director | Tracy Johnson, CARW (Commercial Association of REALTORS® Wisconsin)
If you are interested in learning more about being part of the CARW Foundation efforts, contact Tracy Johnson at [email protected]
Supporting the Foundation
Gifts / Individual Contributions:
Donate here today - https://carw.com/donate-to-the-carw-foundation/
Contact Tracy Johnson at [email protected] with any questions about contributions.
The Wisconsin Commercial REALTORS Education and Research Fund is a 501(c)3 non-profit organization. Contributions made to the Fund are tax-deductible.
Grants
Annually, The CARW Foundation will award up to 5 grants to commercial real estate professionals looking to expand their knowledge and experience in the industry. These grants are supplemental for course, certification, or conference fees which must be used within one year of being awarded. Grant amount will range from $250 - $500. Applications open June 21, 2021 and close July 21, 2021. Gifts will be awarded in August 2021 for use within one calendar year. APPLICATION DEADLINE EXTENDED TO JULY 23 AT 5:00 PM
Form is HERE
Scholarships
Annually, CARW will award one or more scholarships to a Wisconsin student studying commercial real estate. More details will follow.
Hall of Fame
The CARW Foundation is introducing a new award – the CARW Commercial Real Estate Hall of Fame Award. This is an award that will recognize Commercial Real Estate practitioners who have impacted the industry and CARW over their lifetime. Recipients of this award, will have a one-year scholarship given to a four-year Wisconsin college or university student studying real estate, on their behalf from the CARW Foundation. We hope to stay connected to these students in the future and keep them engaged in our industry!
2021 CARW Commercial Real Estate Hall of Fame Inductees
Deborah Sobczak
Thomas Bernacchi (posthumously)
CARW Foundation Donors
See the list of active donors HERE.