Richard Parker, AREF interim executive director; Gael MacLeod, former executive director; and Les Phillips, chair of the Board of Governors, cut the 20th anniversary cake.

Recently the Alberta Real Estate Foundation (AREF) celebrated 20 years of community service to the industry and to Albertans. The foundation has awarded grants to over 430 industry and community causes in Alberta since 1991. That translates into over $13.1 million. The foundation gives back by leveraging the interest on funds held in trust during a real estate transaction. Areas of interest include industry education initiatives for brokers, homebuyers and tenants as well projects that enhance leadership in the real estate industry. AREF also funds community projects that promote affordable housing, land stewardship and the environment.

Gael MacLeod was the executive director until 2010. She was recently elected alderman in Ward 4 in Calgary. The 20th Anniversary party gave the foundation an opportunity to say thank you and good-bye to her.

As part of the celebration, the foundation will host a Thought Leader Series for industry and homebuyers throughout the year. Industry professionals will share their perspective and offer insight into the road ahead. Information on future sessions is on the foundation’s website at www.aref.ab.ca.