UBC/Appraisal Institute of Canada Bursary
A bursary of $1,000 is offered by AIC to an undergraduate student specializing in the Real Estate Division of the Faculty of Commerce and Business Administration.
UBC/Appraisal Institute of Canada Prize
A prize of $500 is awarded annually to the student receiving the highest standing in BUSI 330 offered by the Real Estate Division, Sauder School of Business at the University of British Columbia.
Appraisal Institute of Canada Scholarship
A scholarship to a student registered in the Real Estate and Housing major of the B. Comm degree program at the University of Guelph. This scholarship is awarded to a student who has completed at least 9.0 credits, but no more than 12.5 credits with a minimum of 70% in the last two full time semesters.
Seneca College/Appraisal Institute of Canada Award
An annual award in the amount of $500 is presented to a graduating student in the Real Property Administration Program (RPA) who has, in the opinion of a Seneca faculty panel, demonstrated academic excellence in RPA 112 and one or more of the additional AIC curriculum courses at the College, has an active interest in the field of real property as a career, and has made valuable contributions to the classroom environment.
Solidifi "Next Generation" Scholarship - University of British Columbia
A gift awarded to the student with the highest grade in BUSI 398, who is a Candidate Member in good standing with the Appraisal Institute of Canada.
• Note: 2013 award will be based on both AIC 399 and BUSI 398 as both courses were offered during the year, but subsequently it will be based solely on BUSI 398.
Solidifi "Next Generation" Scholarship – Seneca College
Solidifi awards this annual scholarship in the amount of $1000 to an active AIC member in good
standing with the highest grade in RPA 306/AIC 400 over one academic year.
Jack Malcolm Warren Educational Trust
Jack Malcolm Warren was born in Nipawin Saskatchewan and graduated from the Nipawin High School in 1951. His appraisal career started in 1960 when he joined the Department of Highways as a Land Negotiator. In 1965 he received his AACI designation. Over 31 years his career as an appraiser led him across Canada and covered all aspects of appraisal from his own fee appraisal business to positions with the Department of Public Works and Revenue Canada. The last 12 years he held the position of Chief Appraiser with Revenue Canada for the Vancouver Region.
He dedicated a large portion of his spare time to affairs of the Appraisal Institute of Canada. Serving as Lecturer, Chapter Chair-man and on Governing Council as the Regina representative from 1968 to 1973 and then again in 1981 to 1989, for Vancouver and the Fraser Valley Chapters. Jack chaired various committees including Education, Publications and Finance. In 1987-1988 he served as National President of the Appraisal Institute of Canada.
Jack's focus through all aspects of his life was education. He encouraged many current members of the Institute to strive for their accreditation. It was his belief that one should always seek to expand their knowledge to keep in step with a changing world.
About the Trust:
The trust will advance education in the areas of appraisal and valuation in the following ways:
- By providing financial assistance by way of scholarships and bursaries to members of the public who wish to undertake a course of studies in the areas of appraisal and valuation.
- The Appraisal Institute of Canada has academic requirements for accreditation and require the candidate to complete a prescribed course of studies.
- Persons wishing to enter the accreditation program OR those enrolled in it will be eligible for assistance.
- Scholarships will be awarded on the basis of academic achievement.
- Bursaries will be granted on the basis of financial need.
- By providing financial assistance for research in the areas of appraisal and valuation by way of grants and bursaries.
- Grants will be awarded on the basis of academic achievement and the merits of the research topic. The trustees may consult senior practitioners in the proposed area of research to ensure that the proposed research topic will advance public knowledge in the area.
- By sponsoring or providing financial assistance for courses, seminars & lectures in the areas of appraisal and valuation, all of which would be open to the public.
Applicants wishing to be considered should obtain an official application from the BC Association of the Appraisal Institute of Canada office and through local AIC Association offices.
Donations to the fund should be sent to the BC Association of the Appraisal Institute of Canada, at 210 - 10451 Shellbridge Way, Richmond, British Columbia V6X 2W8. Cheques made payable to "The Jack Warren Educational Trust".
Official receipts will be issued for income tax purposes. The fund is a registered charity under the Income Tax Act. (registration number 1075357-21)
Donations should be designated to the Capital Fund or the Annual Disbursement Fund.
Gifts Subject to a Direction that they be held for 10 years or more.
Registered charities can receive gifts that are subject to a donor's written trust or direction that they be held for ten years or more. Such gifts are excluded from that part of a charity's annual disbursement quota required by Revenue Canada that is based on official receipts issued. Written direction is useful when a registered charity wishes to accumulate a capital fund, with the intention of using only the generated interest income to grant scholarships or bursaries for example. The exclusion from the disbursement quota also applies to property later substituted for the original gift.
For further information, please contact AIC – BC at (604) 266-8287.
May 16, 2013