a) to provide scholarships and bursaries
for the benefit of students in pursuit of post-secondary education,
with emphasis upon areas of studies relative to transportation.
b) to raise money for carrying out
the purpose of the Society through donations, fees or otherwise.
c) to accept and receive such donations,
gifts bequests, grants and other funds as may be deemed appropriate
for use in carrying out the said purposes;
d) to do all such other acts and
things as are conducive to the attainment of the purpose of the
Society.
The purposes will be carried out on an exclusively charitable
basis.
The Foundation engages in assorted projects such as forums on
transportation issues, golf tournaments, lotteries and other fundraising
activities to facilitate the funding of annual scholarships and
bursaries.
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"Our objective is to advance and promote transportation modes
and issues as well as to provide updates and progress on matters
of interest within the transportation industry."