A North Carolina foundation created to assist realtors in need has removed “realtors” from its name.
The Wilmington Business Journal reports the Wilmington Realtors Foundation is now called the Housing Foundation of Southeastern North Carolina. 501(c)(3) foundation, which was launched in 1988, explained in a statement that its new name is a reflection of its “broader regional focus and deepened commitment to creating sustainable opportunities for homeownership across the southeastern region of the state. Since the foundation is not under the Realtor umbrella, it also made sense to eliminate the word ‘Realtor’ from the name.”
The foundation was previously linked to the Wilmington-area Cape Fear Realtors (CFR), with the organization’s chief operations officer tasked with overseeing the foundation’s operations. The CFR issued a statement that said, “Cape Fear Realtors has graciously provided in-kind administrative support to the Wilmington Realtors Foundation since it was founded. As the foundation’s mission has evolved over the years, and with it their administrative needs, CFR’s support has also evolved. Cape Fear Realtors will continue to support the foundation’s endeavors and is optimistic about its success.”
The CFR added the foundation’s Realtors Helping Realtors program “is currently being reviewed by the Cape Fear Realtors Board of Directors, with the hope of continuing to provide support for Realtor members in need.”
