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What is the Legacy Fund? The Gary Mammel Legacy Fund is an endowment fund set up for donations from individual REALTORS® and those in the real estate industry who wish to support safe, decent and affordable housing for all in Colorado. Traditionally, CARHOF has generated revenue from homebuyer's earnest money, which a REALTOR® deposits into an interest-bearing escrow account. The interest is collected by CARHOF and donated to nonprofit and public agencies that provide a variety of housing services for moderate to low-income families and individuals. The Gary Mammel Legacy Fund is an opportunity to invest in helping thousands in Colorado with their housing needs and keep a meaningful Foundation alive through the ups and downs of the housing market. How is the money used?
How can you get involved? |