Waterloo Engineering Endowment Foundation

The principle portion of the fund is never spent which allows the interest each year to grow, hence "The Gift That Keeps On Giving". The donations that build the fund come from three sources: student donations, Employer Matching Contribution (EMC), and engineering Alumni (including graduates' Plummer's Pledge). There are two governing bodies guiding WEEF: the Funding Council and the Board of Directors. The Funding Council, which is made up of one student representative from each on-stream class, reviews the requests for funding each term and recommends its distribution. The Board of Directors (which has 2/3 student membership) sets the policy and direction of the Foundation.