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: 561550
4. ENTER ACCOUNT NUMBER: Your form 4 graduation year, then name

e.g. 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 78 endowment funds whose total capital value now stands at Kenya Shillings 105,380,482.

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.

 The Terry Ochieng Endowment Fund was launched by Keith Ochieng (Form 4 1996 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: 561550
4. ENTER ACCOUNT NUMBER: Your form 4 graduation year, then name

e.g. 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 2020

Additions
Received 2020

Principal
30th Jun 2020
Mr. & Mrs. Githongo E. Fund
Kshs. 108,287
Kshs. 108,287
Dr. Branya & Family E. Fund
Kshs. 174,194
Kshs. 174,194
Past Students E. Fund
Kshs. 6,980,695
Kshs. 29,000
Kshs. 7,009,695
Mr. Bedoyere Family E. Fund
Kshs. 255,202
Kshs. 255,202
Our Lady of Africa E. Fund
Kshs. 1,173,764
Kshs. 1,173,764
Jawahar Gajree E. Fund
Kshs. 2,379,487
Kshs. 2,379,487
Ada Drakard E. Fund
Kshs. 1,476,937
Kshs. 1,476,937
Ajay Chotai E. Fund
Kshs. 343,050
Kshs. 343,050
1989 Class E. Fund
Kshs. 1,457,471
Kshs. 1,457,471
Dr. Deepak Bedi E. Fund
Kshs. 757,695
Kshs. 97,972
Kshs. 855,688
Mr. Wambua & Family E. Fund
Kshs. 2,025,596
Kshs. 2,025,596
E. Gendia Memorial Fund
Kshs. 1,636,082
Kshs. 1,636,082
Mr. & Mrs. Knott E. Fund
Kshs. 58,368
Kshs. 58,368
Current Parents E. Fund
Kshs. 32,080,931
Kshs. 212,000
Kshs. 32,292,931
Current Students Fundraising
Kshs. 1,035,543
Kshs. 1,035,543
Jos Konzolo & Family E. Fund
Kshs. 379,243
Kshs. 379,243
Mr. Ongwae & Family E. Fund
Kshs. 51,766
Kshs. 51,766
Vincent Maiko E. Fund (1986 F6 Class)
Kshs. 48,716
Kshs. 48,716
Peter Mboya Memorial Fund (1982 F6 Class)
Kshs. 262,353
Kshs. 262,353
Nathan Ngumi E. Fund
Kshs. 572,566
Kshs. 572,566
Kingori Mwangi E. Fund
Kshs. 11,420,775
Kshs. 11,420,775
Mr. Andrew M. Muthoka & Family Fund
Kshs. 266,567
Kshs. 266,567
Nkonge Majani Fund (Class of '95)
Kshs. 1,252,130
Kshs. 1,252,130
Bakhtawar Singh Virdee Memorial Fund
Kshs. 28,515
Kshs. 28,515
Class of 1984 E. Fund
Kshs. 253,701
Kshs. 253,701
Santiago Eguidazu Memorial Fund
Kshs. 606,215
Kshs. 606,215
Geoffrey & Idinha Mascarenhas E. Fund
Kshs. 8,096,991
Kshs. 8,096,991
Tim & Tina Wanyonyi E. Fund
Kshs. 3,588,260
Kshs. 250,000
Kshs. 3,838,260
Class of 1997 E. Fund
Kshs. 139,708
Kshs. 15,000
Kshs. 154,708
Mr & Mrs. Ken Mwangi E. Fund
Kshs. 685,076
Kshs. 685,076
Mahmud Rahimtulla Memorial Fund
Kshs. 11,453,393
Kshs. 11,453,39
Joseph Odipo Memorial Fund
Kshs. 61,484
Kshs. 61,484
Mr & Mrs. G. Njoroge E. Fund
Kshs. 1,102,742
Kshs. 1,102,742
Terry Ochieng Memorial Fund
Kshs. 102,659
Kshs. 102,659
Belinda de Souza E. Fund
Kshs. 304,312
Kshs. 304,312
Clive Kibwage Memorial Fund (Class of 1999)
Kshs. 111,177
Kshs. 111,177
Alvin Ngui Memorial Fund (Class of 2012)
Kshs. 15,508
Kshs. 15,508
Fredrick Owegi & Family E. Fund
Kshs. 2,902,716
Kshs. 2,902,716
Kevin O'Byrne Memorial Fund
Kshs. 454,547
Kshs. 454,547
Diphas & Inviolate Siboe Family E. Fund
Kshs. 337,013
Kshs. 337,013
Mwangi Watunu & Family E. Fund
Kshs. 52,699
Kshs. 52,699
Class of 2003 E. Fund
Kshs. 362,951
Kshs. 362,951
Sajabi Family E. Fund
Kshs. 318,662
Kshs. 37,000
Kshs. 355,662
Class of 1987 E. Fund
Kshs. 2,446,265
Kshs. 2,446,265
Class of 2000 E. Fund
Kshs. 837,772
Kshs. 15,000
Kshs. 852,772
Class of 2005 E. Fund
Kshs. 206,305
Kshs. 206,305
Class of 1994 E. Fund
Kshs. 131,930
Kshs. 131,930
Gichane Family E. Fund
Kshs. 253,837
Kshs. 253,837
MaryAnn & S. Kimani Family E. Fund
Kshs. 152,757
Kshs. 152,757
Mr. & Mrs. George Sinari E. Fund
Kshs. 50,472
Kshs. 50,472
John & Rosalyn Muthiora E. Fund
Kshs. 75,947
Kshs. 100,000
Kshs. 175,947
Charles & Gladys Kigwe Memorial Fund
Kshs. 25,460
Kshs. 25,460
Class 8-2018 Endowment Fund
Kshs. 82,677
Kshs. 82,677
Kaira Family Endowment Fund
Kshs. 76,315
Kshs. 76,315
Kibowen Family Endowment Fund
Kshs. 45,686
Kshs. 45,686
Dr. & Dr. Michoma Peter E. Fund
Kshs. 101,501
Kshs. 101,501
Mr. & Mrs. N. K. Sang E. Fund
Kshs. 15,234
Kshs. 15,234
Onguto Family E. Fund
Kshs. 50,751
Kshs. 50,751
Jomo & Mwaniki E. Fund
Kshs. 14,188
Kshs. 14,188
Gilbert Kibuga Family E. Fund
Kshs. 608,502
Kshs. 608,502
James Gichuru Family E. Fund
Kshs. 152,378
Kshs. 152,378
Kyle Aludo E. Fund
Kshs. 50,603
Kshs. 50,603
Ikua Kinuthia & Family E. Fund
Kshs. 101,248
Kshs. 101,248
Mr. & Mrs. Nderitu & Family E. Fund
Kshs. 25,291
Kshs. 25,291
Class of 1990 E. Fund
Kshs. 70,815
Kshs. 70,815
Drs. Richard & Jane Mbugua E. Fund
Kshs. 351,884
Kshs. 50,000
Kshs. 401,884
Class 4-2019 Mothers E. Fund
Kshs. 52,371
Kshs. 52,371
A. M. Munyendo Family E. Fund
Kshs. 50,450
Kshs. 50,450
John Nyandieka E. Fund
Kshs. 151,215
Kshs. 150,000
Kshs. 301,215
Kagwanja Family E. Fund
Kshs. 100,810
Kshs. 100,810
Kariuki Family E. Fund
Kshs. 50,225
Kshs. 50,225
Nicholas and Pascaline Karanja E. Fund
Kshs. 100,540
Kshs. 100,540
Mulwa Sadat E. Fund
Kshs. 100,540
Kshs. 100,540
Gichungu Family E. Fund
Kshs. 100,000
Kshs. 100,000
Class of 1989(8-4-4) E. Fund
Kshs. 500,842
Kshs. 500,842
Class 5 Mums(2020) E. Fund
Kshs. 28,000
Kshs. 28,000
Muturo & Family E. Fund
Kshs. 30,000
Kshs. 30,000
Mogusu Family E. Fund
Kshs. 40,000
Kshs. 40,000
TOTAL
Kshs. 103,725,688
Kshs. 1,654,814
Kshs. 105,380,482