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Elaina's Sustainability Fund

The term “green real estate management” refers to the incorporation of sustainable practices into the day-to-day operations of a property. In the property management industry, firms are taking hold of sustainability by introducing green real estate management services. Not only do green real estate management practices mitigate negative environmental impacts of the built environment, they can also help in saving monetary resources.

The purpose of Elaina’s Sustainability Grants is to encourage innovation or adoption of sustainability and occupant wellness initiatives that impact the buildings where we live, work, shop, and play.

Eligibility

Grants from Elaina’s Sustainability Fund are open to anyone in the world who is ready to take steps to improve the environmental footprint of commercial real estate. This includes, but is not limited to IREM® members, real estate managers, building owners, tenants, residents, students, and faculty of academic institutions. 

Preference will be given to programs that demonstrate creativity and innovation, as well as individuals or companies that may otherwise lack the funds to implement the program.

Funding and criteria

The IREM Foundation will consider grant requests ranging from $500 - $5000. Up to four (4) $5,000 grants will be awarded in 2021. Applications will be evaluated on the criteria below:

  • Anticipated impact/reduction in consumption of energy and natural resources
  • The likelihood of success
  • Creativity/innovation
  • Ability to measure results
  • Demonstrated need for resources
  • Grant’s ability to have significant impact on a project
  • Number of people impacted, i.e., residents, tenants
  • Length of time for project to be deemed a success and the ability to maintain funding in subsequent years as may be needed

Special consideration will be given to proposals that embody initiatives that increase diversity, the engagement of young professionals, and expansion of industry knowledge as these are at the core of the IREM Foundation values and purpose.

Application window and review

Applications will be accepted through January 31, 2021. Applicants will be notified of the Foundation’s decision by April 15, 2021 and funds will be distributed no later than April 30, 2021.

Applications will be reviewed by a select group from the IREM Foundation’s Scholarship & Grant Review Committee. The committee will consist of at least three sustainability experts, one researcher, and two Foundation Board members.

Reporting

Recipients will be required to submit a written report within one year of receiving funding. The report should include, at a minimum, tracking of the proposal’s original outcomes and goals, budget details, impact stories, and photos if possible. Additional information may be requested.

Guidelines and application

Applicants may select one of three pathways to receive funding. Click on the buttons below to learn more and apply.

Innovate for those with a plan

Adopt for those who need guidance

Research for those seeking to measure

About Elaina

JElaina Tattersdale On June 5, 2019, Elaina Tattersdale passed away after a short battle with cancer. At the young age of 35, she leaves behind two daughters, a loving husband, and a devoted family including her parents, 2020 IREM President Cheryl Gray, CPM® and Rick Gray, CPM®.

Elaina believed that one person could make a difference. She worked as an enterprise project manager for Canada-based real estate firm, Morguard Investments. Her dream was to improve the impact buildings have on our environment by working in sustainability, but sadly, those doors never opened. To honor her passion, Elaina’s parents, Rick and Cheryl Gray, launched Elaina’s Sustainability Fund with a donation of $50,000 to the IREM Foundation in 2019.

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