WEEF’s Funding Council met on July 5th to decide where $60,000 would be allocated this term. The meeting went surprisingly smoothly and the final decision was made in a very reasonable two hours. As usual, there were some disagreements between your class’s WEEF reps, but these conflicting opinions were necessary to ensure we made the best decisions possible. The attached table outlines the Funding Council’s decisions for the spring term.
If you would like to discuss any of the amounts allocated and why the funding council made the decisions they did, I would be more than happy to meet with you or discuss your concerns via email. Please keep in mind that funding council had some tough decisions to make this term as a total of $380,132.81 was requested and only $60,000 was available to allocate.
I encourage all recipients of funding to spend their allocations as soon as possible while still being prudent and sensible. This will ensure that the impacts of our funding decisions are felt by students immediately.
My main focus as WEEF Director this term was to keep the Foundation on the right track as we move through this period of economic turbulence. Some of the decisions made by the Board of Directors this term include our deferral of 2010/2011’s E5 payment and the spending limit of $60,000 for each term until next spring. I would like to thank Barbara Blundon- the Faculty’s Financial Officer – for helping me assemble relevant financial information and for providing insight into WEEF’s “health”.
I would also like to thank this term’s Assistant Directors for all their help with our 20th Year Celebrations and other logistical work. Andrew, Cailin, Kal and Laurin – you guys have been a great help and I am grateful for your enthusiasm!
This fall term will see Praveen Arichandran as the on-stream Director. Praveen has a bunch of initiatives planned for WEEF and I look forward to seeing the outcome of his deliberations.
Best of luck on finals, and if you’re feeling lonely, just remember that WEEF loves you.
See you in the Winter,
Graham
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