Kentucky Realtors Creates New Nonprofit Foundation to Help Kentuckians in Need

The Kentucky Realtors (KYR) Board of Directors has established a non-profit charitable organization that will financially assist individuals and entities throughout the Commonwealth.

The Kentucky Realtors Relief Foundation (KRRF) is a 501(c)(3) that will be overseen by its own board of directors.

KYR President Mike Inman said the foundation was born out of a desire to help Kentuckians who were impacted by the December 2021 tornadoes in western Kentucky.

“KYR administered a historic $1.5 million relief grant from the National Association of Realtors, but these funds are limited to housing-related expenses only,” Inman said. “The funds raised by KRRF are unlimited and can be allocated to individuals, entities or even communities to help meet other urgent needs as they arise.”

A non-profit organization operated by the Lexington-Bluegrass Association of Realtors (LBAR) had raised funds on behalf of KRRF during its formalization. LBAR CEO Justin Landon and President Rusty Underwood were on hand at a recent event to present KRRF with a check for $130,000 to officially fund the foundation.

“We are excited to see KYR kick off with a 501(c)(3) that will serve charitable organizations and causes across the state,” Underwood said. “This contribution to the launch of this venture will help provide, at least initially, much-needed funding for those affected by the Western Kentucky tornadoes and, in the future, additional relief during the next disaster.”

KRRF Board Chair 2022 Jaclyn Graves says the fund will help many people across the Commonwealth. “It is an honor to have the opportunity to serve our communities through KRRF,” she said. “Our Kentucky Realtor family is committed to helping our neighbors and we appreciate the ability we now have to provide them with comfort and support when needed.”

Any person or business wishing to make a tax-deductible contribution to the fund should send a check payable to KRRF to Kentucky Realtors at 2708 Old Rosebud Rd., Suite 200, Lexington, KY 40509.

Kentucky Realtors

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