STRATHMORE SCHOOL ENDOWMENT FUND


Contrary to popular belief that Strathmore School is a rich-man’s school, the school has an active and efficient bursary scheme that has seen many orphans and students with ability but little financial muscle to make it through. Strathmore has two schemes through which its well-wishers donate funds to aid needy students. In the first scheme, money can be donated to the Bursary Fund and utilized in full in the year in which it is donated. The second scheme involves setting up an Endowment Fund usually named after the donor or in memory of a person of their choice. The school invests the Endowment fund money and, in agreement with the donor, allocates some of the interest earned every year to bursaries and reinvests the rest of the interest to make the fund grow.

Approximately 15% of students at Strathmore School are on bursary.

In 2015, the school awarded Kenya Shillings 8 million in bursaries, to 80 needy students compared to Kenya Shillings 255,000 in 1991. Unfortunately, the bursary figure has not always been matched by an equal amount of donations from parents, past students, companies and well-wishers. In fact the school has in the last 15 years found herself digging deep into her coffers and sometimes withholding funds meant for other projects due to the rising need for bursaries.

We appeal to well wishers to sponsor a student in the school and support the scheme.







HOWTO CONTRIBUTE

SEND CONTRIBUTION VIA M-PESA. TO PAY BY MPESA, KINDLY FOLLOW THE STEPS BELOW:
1. Go M-PESA,
2. Select PAYBILL
3. ENTER BUSINESS NUMBER: 488700
4. ENTER ACCOUNT NUMBER: STRATH
space, then your form 4 graduation year, then name

e.g. STRATH 04 J.KAMAU

WRITE & SEND A CHEQUE TO:
STRATHMORE SCHOOL
P.O. BOX 25095-00603
NAIROBI- KENYA

 ENDOWMENT FUNDS

Over the years, the school’s benefactors have started 62 endowment funds whose total capital value now stands at Kenya Shillings 95,659,951.

The first Endowment Fund was started in 1994 by Mr. and Mrs. Gajree in memory of their son, Jawahar.

Jawahar Gajree, an alumnus of Strathmore School (1982- 1993), died in a car crash in 1993 while on a short holiday in Kenya.

There are several Endowment Funds started by former staff members and their families e.g. the Mr. Stephen de la Bedoyere Family Fund, the Dr. Branya Fund, Ada Drakard Fund and the Santiago Eguidazu Memorial Fund. Mr. Stephen de la Bedoyere was the Class teacher of the pioneer Std 1 group in 1986, and now lives in United Kingdom. Dr. Branya is the late father of John Branya, who served as Principal of Strathmore School from 1984 to 1995.

A number of past students have also started Endowment Funds e.g. Dr. Deepak Bedi, Mr. Jos Konzolo and Mr. Kenneth Mwangi.

Another alumnus, Ives Mascarenhas, recently started an Endowment Fund in memory of his parents, Geoffrey and Idinha.

The Form 4 class of 1995 started the Nkonge-Majani Memorial Fund in honor of their late classmates. In 2012 alone, members of this class contributed over Kshs 800,000 towards the fund. Other groups that have set up Endowment Funds include the Form 6 classes of 1984, 1986 and 1989, and the Form 4 class of 2001.

Belinda De-souzaThe Belinda de Souza Endowment Fund was launched in July 2013 as an initiative of the Strathmore School Choir. Belinda is the mother of Kevin de Souza, an alumnus of Strathmore School. Members of the choir sung at Belinda’s funeral Mass on 25 June 2013. Her life was an inspiration to them and they felt that her memory should always be honored by starting an Endowment Fund in her name.

2006_F1&_Ochieng Terry The Terry Ochieng Endowment Fund was launched by Keith Ochieng (Form 4 1997 class) in memory of his younger brother, Terry, also an alumnus of Strathmore School.

cliveMembers of the Form 4 class of 1999 started the Clive Kibwage Endowment Fund in honor of their classmate Dr.Clive Kibwage, who passed away in June 2013.

Over the years, several past students have contributed regularly to the more general Past Students Endowment Fund. In 2015 alone, they contributed over Kshs 274,000 to this fund. Many of them contribute monthly via bank standing orders.

HOWTO CONTRIBUTE

SEND CONTRIBUTION VIA M-PESA. TO PAY BY MPESA, KINDLY FOLLOW THE STEPS BELOW:
1. Go M-PESA,
2. Select PAYBILL
3. ENTER BUSINESS NUMBER: 488700
4. ENTER ACCOUNT NUMBER: STRATH
space, then your form 4 graduation year, then name

e.g. STRATH 04 J.KAMAU

WRITE & SEND A CHEQUE TO:
STRATHMORE SCHOOL
P.O. BOX 25095-00603
NAIROBI- KENYA

IN EACH OF THE CASES ABOVE, THE DONOR SHOULD SEND AN EMAIL CONFIRMING THE BENEFICIARY AND DETAILS OF THE PAYMENT ITSELF TO: gwandera@strathmore.ac.ke


 

(Table showing endowment funds)


Endowment Funds

Principal
1st Jan 2018

Additions
Received 2018

Principal
20th September 2018
Mr. & Mrs. Githongo E. Fund
Kshs. 100,123
Kshs. 100,123
Dr. Branya & Family E. Fund
Kshs. 153,965
Kshs. 153,965
Past Students E. Fund
Kshs. 6,547,607
Kshs. 147,000
Kshs. 6,695,507
Mr. Bedoyere Family E. Fund
Kshs. 182,124
Kshs. 68,020
Kshs. 250,144
Our Lady of Africa E. Fund
Kshs. 1,149,726
Kshs. 1,149,726
Jawahar Gajree E. Fund
Kshs. 2,330,756
Kshs. 2,330,756
Ada Drakard E. Fund
Kshs. 1,462,314
Kshs. 1,462,314
Ajay Chotai E. Fund
Kshs. 336,024
Kshs. 336,024
1989 Class E. Fund
Kshs. 951,343
Kshs. 477,910
Kshs. 1,429,253
Dr. Deepak Bedi E. Fund
Kshs. 742,178
Kshs. 742,178
Mr. Wambua & Family E. Fund
Kshs. 986,022
Kshs. 500,000
Kshs. 1,486,022
E. Gendia Memorial Fund
Kshs. 1,602,575
Kshs. 1,602,575
Mr. & Mrs. Knott E. Fund
Kshs. 57,173
Kshs. 57,173
Current Parents E. Fund
Kshs. 26,725,103
Kshs. 2,958,768
Kshs. 29,683,871
Current Students Fundraising
Kshs. 1,014,335
Kshs. 1,014,335
Jos Konzolo & Family E. Fund
Kshs. 371,476
Kshs. 371,476
Mr. Ongwae & Family E. Fund
Kshs. 50,706
Kshs. 50,706
Vincent Maiko E. Fund (1986 F6 Class)
Kshs. 47,718
Kshs. 47,718
Peter Mboya Memorial Fund (1982 F6 Class)
Kshs. 256,980
Kshs. 256,980
Nathan Ngumi E. Fund
Kshs. 560,840
Kshs. 560,840
Kingori Mwangi E. Fund
Kshs. 9,430,988
Kshs. 1,040,000
Kshs. 10,470,988
Mr. Andrew M. Muthoka & Family Fund
Kshs. 261,108
Kshs. 261,108
Nkonge Majani Fund (Class of '95)
Kshs. 1,177,313
Kshs. 49,500
Kshs. 1,226,813
Bakhtawar Singh Virdee Memorial Fund
Kshs. 27,931
Kshs. 27,931
Class of 1984 E. Fund
Kshs. 238,613
Kshs. 238,613
Santiago Eguidazu Memorial Fund
Kshs. 593,800
Kshs. 593,800
Geoffrey & Idinha Mascarenhas E. Fund
Kshs. 7,931,166
Kshs. 7,931,166
Tim & Tina Wanyonyi E. Fund
Kshs. 2,532,300
Kshs. 488,220
Kshs. 3,020,520
Class of 1997 E. Fund
Kshs. 50,578
Kshs. 50,578
Kevin O'Byrne Memorial Fund
Kshs. 445,239
Kshs. 445,239
Mr & Mrs. Ken Mwangi E. Fund
Kshs. 501,523
Kshs. 90,000
Kshs. 591,523
Mahmud Rahimtulla Memorial Fund
Kshs. 11,218,830
Kshs. 11,218,830
Joseph Odipo Memorial Fund
Kshs. 60,225
Kshs. 60,225
Mr & Mrs. G. Njoroge E. Fund
Kshs. 980,901
Kshs. 150,000
Kshs. 1,130,901
Terry Ochieng Memorial Fund
Kshs. 65,701
Kshs. 35,000
Kshs. 100,701
Alvin Ngui Memorial Fund (Class of 2012)
Kshs. 15,190
Kshs. 15,190
Belinda de Souza E. Fund
Kshs. 283,294
Kshs. 283,294
Fredrick Owegi & Family E. Fund
Kshs. 2,843,269
Kshs. 2,843,269
Clive Kibwage Memorial Fund (Class of 1999)
Kshs. 108,900
Kshs. 108,900
Diphas & Inviolate Siboe Family E. Fund
Kshs. 188,137
Kshs. 72,000
Kshs. 260,137
Mwangi Watunu & Family E. Fund
Kshs. 51,620
Kshs. 51,620
Class of 2003 E. Fund
Kshs. 355,518
Kshs. 355,518
Sajabi Family E. Fund
Kshs. 106,811
Kshs. 63,000
Kshs. 169,811
Class of 1987 E. Fund
Kshs. 2,396,167
Kshs. 2,396,167
Class of 2000 E. Fund
Kshs. 192,422
Kshs. 124,100
Kshs. 316,522
Class of 2005 E. Fund
Kshs. 85,160
Kshs. 85,160
Class of 1994 E. Fund
Kshs. 84,000
Kshs. 84,000
Gichane Family E. Fund
Kshs. 250,000
Kshs. 250,000
MaryAnn & S. Kimani Family E. Fund
Kshs. 150,000
Kshs. 150,000
Mr. & Mrs. George Sinari E. Fund
Kshs. 10,000
Kshs. 10,000
John & Rosalyn Muthiora E. Fund
Kshs. 25,000
Kshs. 25,000
Charles & Gladys Kigwe Memorial Fund
Kshs. 25,000
Kshs. 25,000
Class 8-2018 Endowment Fund
Kshs. 31,500
Kshs. 31,500
Kaira Family Endowment Fund
Kshs. 75,000
Kshs. 75,000
Kibowen Family Endowment Fund
Kshs. 35,000
Kshs. 35,000
Dr. & Dr. Michoma Peter E. Fund
Kshs. 100,000
Kshs. 100,000
Mr. & Mrs. N. K. Sang E. Fund
Kshs. 5,000
Kshs. 5,000
Onguto Family E. Fund
Kshs. 50,000
Kshs. 50,000
Jomo & Mwaniki E. Fund
Kshs. 13,890
Kshs. 13,890
Gilbert Kibuga Family E. Fund
Kshs. 600,000
Kshs. 600,000
James Gichuru Family E. Fund
Kshs. 150,000
Kshs. 150,000
TOTAL
Kshs. 87,791,140
Kshs. 7,868,808
Kshs. 95,659,951