The Illinois Real Estate Educational Foundation (REEF) is a not-for-profit organization established to aid and promote the work of real estate education throughout Illinois. The Foundation, established in 1970, is supported through the voluntary contributions of those who recognize the importance of furthering academic experience and training in the real estate industry in Illinois.
Scholarship awards have become a prominent activity of the Foundation. Scholarships are presently awarded each year by the Foundation to students of real estate and related fields of study at colleges and universities both within and outside Illinois and to those furthering their knowledge in the field of association management and leadership.
The Foundation is also under contract with the State of Illinois to administer the Illinois Diversity Real Estate Scholarship Program.