ASA's Educational Foundation (ASAEF) is a separate, nonprofit corporation established by ASA and chartered in 1967. The mission of the ASAEF is to carry on educational, research and charitable activities related to the advancement of the appraisal profession. ASAEF is exempt from income tax as a 501(c)3 organization; thus, contributions are deductible as charitable contributions.
The foundation is managed by a board of directors, four of whom serve as officers. The directors are appointed by ASA's Board of Governors and sit as trustees, but have no other legal connection with ASAEF, which manages its affairs independently of ASA.
The foundation is supported by contributions, revenue from auctions at international conference and royalties from the sale of "Appraisal Principles and Procedures" by Henry A. Babcock.
Educational grants are awarded through a written application process and are reviewed by all ASAEF directors. Applications from all disciplines are given equal consideration and it is not necessary to be a member of ASA to apply for an educational grant. Grants cover tuition and book fees related to relevant ASA courses, continuing appraisal education, college/university-level appraisal-oriented courses as well as books relevant to professional appraising. Travel and lodging is not included.
Assistance to ASA Chapters
The following funds are supported by memorial contributions and are used to provide monetary assistance to ASA chapters and regions in their offerings of appraisal seminars, etc.
- African Sculpture Studies
- Dr. Patrick Christoff Memorial Education Fund
- George F. Sinclair, FASA International Studies Fund
To donate to the ASA Educational Foundation, mail to:
Make checks payable to ASAEF
ASAEF in care of ASA Headquarters
11107 Sunset Hills Rd, Ste 310
Reston, VA 20190