The exclusive public purposes for which AIERF is organized are charitable, literary, educational and scientific within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”). In furtherance of those purposes AIERF shall:

  • Receive, administer and disburse funds for the purpose of improving, advancing, researching and teaching the techniques of real estate appraisal, with benefits to be made available to the interested public;
  • Provide emergency financial assistance (i) to Designated Members, Candidates, Practicing Affiliates, Affiliates, employees (and their dependents) of the Appraisal Institute, an Illinois not for profit corporation organized under the Code, and (ii) to individuals who have made meaningful contributions to the real estate profession (collectively, “Recipients”), who have experienced a disaster or emergency that has left the Recipients in a state of financial, physical, or emotional distress;
  • Provide scholarships and grants to qualified persons for education in or work in the field of real estate appraisal;
  • Promote and conduct research and study into all aspects of real estate appraisal, with findings and conclusions to be made available to the interested public;
  • Foster the establishment of educational standards for real estate appraisals;
  • Maintain a library and encourage and cause the writing and publication of treatises, books and pamphlets relating to real estate appraisal, which are to be made available to the interested public;
  • Encourage and interest educational and other organizations in improving, advancing and teaching real estate appraisal.


Emergency Financial Assistance

AIERF provides emergency financial assistance to those who have experienced a disaster or emergency that has left the recipient in a state of financial, physical or emotional distress.

Scholarship Opportunities

AIERF offers numerous scholarships for AI Candidates for Designation as well as undergraduate and graduate students who are pursuing degrees in the real estate field.

Minority/Women Outreach

Our minorities and women scholarships are awarded to qualified Candidates for Designation and college students.


We appreciate your interest in donating to the Appraisal Institute Education and Relief Foundation. Donations of any amount are welcome and will help support the many purposes of AIERF.

By donating, you are assisting your colleagues in need, supporting scholarships, and contributing to the development of leading-edge appraisal education initiatives as well as the advancement of the appraisal profession overall.