The Waterloo Engineering Endowment Foundation (WEEF) is an endowment fund with over 12 million in assets that distributes over $200 000 in interest to the engineering students yearly. As a council member, I was responsible for the distribution and allocation of the funds. Each term, we receive multiple solicitations from faculty, student teams, and individual projects asking for sponsorship. The funding council reviews each project based on merit, impact, and benefit to it’s members (the engineering population) and decides on the allocation and distribution of the funds.
Over my tenure, WEEF has contributed 1 million towards the construction of E5, where the Engineering Machine Shop, Sedra Design Center and WEEF offices are currently located.
WEEF is GOOD