Excerpt from The Engineering Foundation, Vol. 6: Report for the Year Ended February 8, 1923 Eighth Year
Engineering Foundation was established in 1914 by the American societies of Civil, Mining, Mechanical and Electrical engineers "for the furtherance of research in science and in engineering, or for the advancement in any other manner of the profession of engineering, and the good of mankind." It was based upon the vision of Ambrose Swasey, of Cleveland, Ohio, a gift by him, subsequently increased, intended to be the nucleus of a great endowment from many donors, and the mental resources of its Founder Societies.
This endowment and other properties are administered by United Engineering Society, incorporated in New York, May 11, 1904, as trustee of the societies named. Engineering Foundation is a department of United Engineering Society and has discretionary power in the disposition of the income from the endowment and of other funds for current expenditure.
Research is concentrated, directed endeavor to gain knowledge new to the searcher. Research is effort to advance the frontiers of science into the wilderness of the unknown. Each advance in science and in engineering has increased the probability and the possibility of other advances. Engineers are concerned particularly with those researches and investigations in the natural sciences and their applications which have for objectives the sustenance, the convenience, the comfort and the edification of mankind.
Some specific functions of Engineering Foundation are:
Organizing, administering, and aiding cooperative researches and investigations;
Making results of research and investigation available to engineers and industry;
Supporting selected researches and investigations, particularly those expected to yield information of general benefit, but of such nature as not likely to be undertaken by an industrial, a governmental or a private laboratory, separately, with its own resources;
Furthering interest in scientific and technical research.
Engineering Foundation's scope embraces the human as well as the material elements of engineering. The Foundation is a liaison between engineers and scientists, and between engineers and the industries.
Engineering Foundation is uninfluenced by selfish commercial interest, free from technical bias, untrammeled by social or political considerations. As a joint instrumentality of national engineering societies, for research, investigation and kindred activities, it is an expression of the spirit of progress and service among engineers.
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