Educational Foundation

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 Valuing a Business, 6th Edition by Shannon Pratt.

Learn more below about how it works, applying for a grant, making a donation and leaving a gift.

How it Works

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.

  • Requests for grants must be made BEFORE the time that the grant is needed.
  • The Board of Directors will act on all applications and will render its decision within 45 to 90 days of receipt of any applications (sometimes sooner); however, it is preferable for all grant requests to be submitted at least 90 days before the event for which the grant is requested in order to ensure proper approval time.
  • Grants must be used within 90 days of their approval or the grant will be withdrawn and the funds will be redirected.
  • Grants are issued by the ASA Educational Foundation one course at a time. Applicants may request a grant for more than one course, but such requests will not be acted upon until the applicant provides proof of successfully completing the first approved course coupled with a request to be approved for a subsequent course. The applicant may be required to complete a new application and provide more current data before approval is granted for additional course work.

*The Educational Foundation provides grants for continuing education courses only. The Educational Foundation does not accept applications for USPAP courses or to attend ASA or other industry conferences or events.

Apply for a Grant

All applications and requested documentation must be sent electronically.

  1. Download grant application;
  2. Print, sign and e-mail completed applications to:

    Blake J. Runckel, ASA
    Chair, ASA Educational Foundation Board of Directors

Make a Donation


To make an online donation of cash, click on: ASA Educational Foundation


To make a donation by check, make payable to ASAEF and mail to: 11107 Sunset Hills Rd., Ste. 310, Reston, VA 20190

Annual Fundraiser Auction Item

To make a donation of an item, click on: ASA Educational Foundation Donation Form

Leave a Gift 

Create a Legacy for Appraisal Education

Leaving a gift to the ASA Educational Foundation in your will or by beneficiary designation is a great way in invest in the future of appraisal education and make a lasting difference for the valuers of tomorrow.

Learn more on how you benefit, choosing the right gift for you and how to get started.

COVID-19 Fund

ASAEF has launched a new effort to support the families of ASA member appraisers who have died from COVID-19 by contributing $2,500 to start a new fund. Members and industry professionals are encouraged to partner with ASAEF to support this cause by contributing financial donations.

To make an online donation of cash, click on: ASA Educational Foundation COVID-19 Fund

To make a donation by check, make payable to ASAEF, and mail to:11107 Sunset Hills Rd., Ste. 310, Reston, VA 20190. Be sure to note ASAEF COVID-19 Fund on check.

Impacted member families may apply for assistance here.