An endowment fund is a combination of many funds that serve the stated purpose and respect the donor’s conditions if attached to a particular donation. The Foundation will allow donations from alumni as well as non-alumni in three categories as stated below. All donations shall be maintained, accumulated and invested in Canada by third party professionals as determined by the governing board and only an estimated Return on Investments (ROI) shall be budgeted each year for the foundation’s target projects and in line with the foundation objectives.

a. Restricted fund: Funds that can only be invested in perpetuity, estimated ROI is budgeted.
b. Donor Advised Fund: Funds that have a donor Advised /Defined /specified use.
c. Unrestricted fund: Funds that are unrestricted for use if so indicated by Donor.

All disbursements of the Foundation shall be entirely in line with stated objectives and through official channels that conform to Provincial and Federal laws.

Sources of donations for the Foundation are:

1. University of Engineering and Technology Lahore (UETL) Alumni.
2. Benefactors and philanthropists interested in advancing engineering education, R&D, Entrepreneurship and Promotion of Social Responsibility in engineering practices.
3. Private and Government funding agencies.

Kindly send suggestions to info@ulefca.org on ways to succeed in raising funds for advancing
engineering education.