Abstract :
Engineering Foundation was founded in 1914, the first gift for endowment, $200,000, was delivered to United Engineering Society as trustee on February 24, 1915. Only the income could be expended. Members of the Foundation Board were elected March 25, 1915 and met for organizing April 15. With no expendable funds yet accumulated and less than $10,000 a year in prospect, no project could be undertaken immediately.
