The Scholarship Foundation of the Contra Costa Association of REALTORS® was formed in 1967; it has grown to be a preeminent organization for local disbursement of scholarships in the state of California.

The Foundation is administered by a governing board of 12 Trustees with one serving as president. It is a non-profit, 501(c)(3) organization.

The Scholarship Foundation continues to grow in many ways. In 2008, 15 students received $50,000 in scholarship grants. Contributions from donors in all categories were also at an all-time high.

Students affiliated with the following prestigious colleges & universities have been scholarship recipients in recent years: Georgetown University, UC Berkeley Haas School of Business, St. Mary's College, University of Southern California, Claremont McKenna College, Diablo Valley College, Sonoma State University, San Diego State University, Kingston University (London), University of Oregon, University of Maryland, UCLA, University of California – Davis, University of Denver, Whittier College, California State – East Bay, Loyola Marymount University, Hawaii Pacific University, Boston College, California Polytechnic State University, San Jose State University, Southern Methodist University, Seattle Pacific University, Harvard College, University of the Pacific, Cal State University Sacramento, University of Arizona, Chapman University, and Arizona State University.