Scholarships
INVESTING IN THE FUTURE
Mission
To promote the homebuilding industry through scholarship, research, education and professional recognition.
General
The Foundation has raised nearly $3 million in endowments for scholarships through the generosity of its’ benefactors, including many Hall of Fame Inductees. CHF works with over 60 colleges and universities in California that offer and provide degree programs promoting the homebuilding industry.
Stewardship
The CHF Board of Trustees takes seriously its duty to provide wise stewardship of the assets entrusted to them. The assets of the Research Fund will be invested in accordance with the investment policies of the Foundation. Each year, 5% of the Research Fund balance will be available for distribution. The annual fee for administration of the Fund will be .5% of fund balance.
Distributions
CHF has distributed over $1.4 million in scholarships and grants to five university-based programs and to over 45 college and university students enrolled in industry-related programs such as construction management or architecture. “The goal is to assist these students in completing their degrees and begin working within the building industry,” said Gail Grimm, CHF Executive Director.
For more information, contact Desiree Webb, CHF Endowment Manager, at (916) 340-3330.