The Appraisal Foundation (TAF) recently announced that it is seeking qualified candidates to fill three public interest positions on its board of trustees (BOT). One is a three-year term, and two are four years. All terms begin on Jan. 1, 2025, TAF announced in a release.
“The Appraisal Foundation relies on a constant stream of new talent to ensure our boards can always fulfill their mission to uphold public trust in the appraisal profession,” TAF President Dave Bunton said in the release. “Starting this year, the trustee nominating committee is taking additional steps to ensure the BOT is truly representative of the foundation by targeting key stakeholder groups that need additional representation on the board.
“We have seen the committee’s efforts to improve their processes through blind scoring benefit the board of trustees over the past two years, and I look forward to seeing how this new initiative will further advance the BOTs,” Bunton added.
Applications for the BOT are open to any member of the public with an interest in valuation, but the trustee nominating committee has specifically highlighted a need for representation from the following groups:
- business valuer
- fair housing advocate
- international valuer
- personal property appraiser
- residential real property appraiser
The BOT provides financial support and oversight to TAF’s two independent boards, the Appraiser Qualifications Board and the Appraisal Standards Board. The board meets twice a year, and, while trustees are reimbursed for travel expenses, they are not compensated for their time.
The board of trustees includes individuals from all appraisal disciplines, users of appraisal services, former appraiser regulators, academics, business leaders and community advocates. The Appraisal Foundation believes that diversity enhances the quality of its boards. When evaluating candidates, the trustee nominating committee will seek to choose qualified candidates who contribute to creating a diverse board.
Completed applications for board vacancies must be received by March 1. Contact Board and Councils Program Manager Arika Cole at (202) 624.3072 or via email at [email protected] with any questions about the application process.