Today, more than 69 million people live in 342,000 community associations accounting for more than $4 trillion in home values. Add tens of thousands of community managers, management companies, developers, insurance agents, and bankers to the mix and it is easy to understand why virtually everyone has a vested interest in the success of these communities.
And while these communities are better managed and more accommodating than ever before, they are experiencing a massive shift in age demographics. People are staying in their homes longer, living longer, and are relying on home investments and equity to cover more golden years.
While virtually every community is experiencing people aging in place, little research exists on the responsibilities and legalities surrounding this trend. To date, our industry lacks a clear understanding of available resources, necessary steps, and the opportunities that exist for collaborative efforts that would educate a wider audience and help ensure that collective community investments are protected and maintained for years to come.
Critical Issues Think Tank
To fully understand the depth of aging in place and other key issues facing community associations nationwide, the Foundation is establishing a Critical Issues Think Tank, which will convene industry leaders who are on the forefront of this and other vital discussions.
In the think tank’s pilot term, the Foundation is extending limited invitations for membership. Our goal is to raise enough seed money to jump-start the necessary research we’ve outlined while maintaining group dynamics that allow for thought mobility.
Think tank founding membership requires an annual gift of $2,500.
Members will enjoy:
- Name, photo and bio listed on Foundation website (with direct links to your company)
- Recognition at national CAI conferences
- Annual listing with name and photo in Common Ground magazine and Catalyst, the Foundation’s e-newsletter
- Recognition at CAI headquarters
- Name listed in the Foundation’s annual report
- Complimentary invitation to all Foundation VIP events
Members will have the opportunity to:
- Serve as an active member of the Foundation’s research steering committee
- Participate in quarterly conference calls
- Establish research criteria, set parameters, and identify goals geared toward dissemination and outreach
- Identify research firms capable of completing research
- Identify partner organizations and where possible, facilitate introductions
- Be kept abreast of significant organizational developments and, when necessary, receive talking points
- Act as ambassadors of the Foundation
The Foundation for Community Association Research is a registered 501 (c)(3) entity and gifts are tax-deductible to the full extent of the law.
For more information, please contact Melinda Kelejian, director of development, at (703) 951-7611 or firstname.lastname@example.org.