What is the Timothy N. Hagemann Trust?
This trust is designed to help assessing officers from smaller rural jurisdictions become members of IAAO, maintain their membership in IAAO or take an IAAO educational course. The trust committee will give priority to assessing officials who work full time in jurisdictions having fewer than 7,500 parcels of real estate. The committee will take into consideration the jurisdiction's budgetary constraints and the applicant's level of commitment.
The trust also is designed to support improved assessments in rural areas through direct grants for research projects, rewards for publications of technical articles on rural issues and support of the activities of IAAO's Rural And Small Jurisdictions Issues Section.
Awards for articles on rural issues are made after review of articles in IAAO publications with the granting of the award based on the appropriateness of the article, the perceived importance of the topic, and the availability of funds.
Who was Timothy N. Hagemann?
Timothy N. Hagemann, of Kansas, was a long time supporter of professionalism of assessors, especially through membership in professional organizations such as the Kansas County Appraisers Association and the IAAO. This trust was established after Tim's death in 1993.
Who can apply for this grant?
Any deserving individual who works for the public sector and needs financial assistance in becoming an IAAO member, renewing IAAO membership or taking an IAAO educational course can apply for the grant. The position may be full-time or part-time. Individuals who work in the private sector are not eligible for this grant.
An individual or group planning research of issues important to rural appraisers may apply for a grant. Projects must be approved in advance and actual payment of the award will not be made before a complete report of the results of the research.
Request for financial support of activities of the Rural and Small Jurisdictions Issues Section will also be considered.
How much is in the trust?
The Kansas County Appraisers Association has contributed $17,000 to capitalize the fund initially and has pledged a minimum of $1,000 per year for three years to continue the support of the fund. The IAAO and the KCAA have begun a campaign to bring the trust up to its initial goal of $25,000.
How can one donate?
Donations are always appreciated. The IAAO and Kansas County Appraisers Association appreciated the gifts that are received to build up the fund's equity. Donations are accepted throughout the year. Contributions can be sent to: Timothy N. Hagemann Memorial Membership Trust, PO Box 81260, Chicago, IL 60681
How does one apply for a grant?
Application forms are available from Lupe Simpson, IAAO, 130 East Randolph Street, Suite 850, Chicago, IL 60601 or call 312-819-6121.
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