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 2019, the school awarded Kenya Shillings 15 million in bursaries, to 90 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 88 endowment funds whose total capital value now stands at Kenya Shillings 113,951,883.45.

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 2022

Additions
Received 2022

Principal
31st Oct 2022
Mr. & Mrs. Githongo E. Fund
Kshs. 110,791
Kshs. 110,791
Dr. Branya & Family E. Fund
Kshs. 178,223
Kshs. 178,223
Past Students E. Fund
Kshs. 7,226,794
Kshs. 65,000
Kshs. 7,291,794
Mr. Bedoyere Family E. Fund
Kshs. 261,106
Kshs. 261,106
Our Lady of Africa E. Fund
Kshs. 1,200,916
Kshs. 1,200,916
Jawahar Gajree E. Fund
Kshs. 2,434,530
Kshs. 2,434,530
Ada Drakard E. Fund
Kshs. 1,527,422
Kshs. 1,527,422
Ajay Chotai E. Fund
Kshs. 350,985
Kshs. 350,985
1989 Class E. Fund
Kshs. 1,491,185
Kshs. 1,491,185
Dr. Deepak Bedi E. Fund
Kshs. 875,202
Kshs. 875,202
Mr. Wambua & Family E. Fund
Kshs. 2,072,453
Kshs. 2,072,453
E. Gendia Memorial Fund
Kshs. 1,673,928
Kshs. 1,673,928
Mr. & Mrs. Knott E. Fund
Kshs. 59,719
Kshs. 59,719
Current Parents E. Fund
Kshs. 35,818,368
Kshs. 980,000
Kshs. 36,798,368
Current Students Fundraising
Kshs. 1,059,497
Kshs. 1,059,497
Jos Konzolo & Family E. Fund
Kshs. 388,016
Kshs. 388,016
Mr. Ongwae & Family E.Fund
Kshs. 52,964
Kshs. 52,964
Vincent Maiko E. Fund- (1986 F6 class)
Kshs. 49,843
Kshs. 49,843
Peter Mboya Memorial Fund- (1982 F6 class)
Kshs. 268,422
Kshs. 268,422
Nathan Ngumi E. Fund
Kshs. 585,811
Kshs. 585,811
Kingori Mwangi E. Fund
Kshs. 11,827,337
Kshs. 540,400
Kshs. 12,367,737
Mr & Mrs. Muthoka Fund
Kshs. 272,734
Kshs. 272,734
Nkonge Majani Fund (Class of '95)
Kshs. 1,281,094
Kshs. 1,281,094
Bakhtawar Singh Virdee Memorial Fund
Kshs. 29,175
Kshs. 29,175
Class of '84 E. Fund
Kshs. Kshs. 273,570
Kshs. Kshs. 6,000
Kshs. 279,570
Santiago Eguidazu memorial Fund
Kshs. 620,238
Kshs. 620,238
Geoffrey & Idinha Mascarenhas Endowment Fund
Kshs. 8,284,292
Kshs. 8,284,292
Tim &Tina Wanyonyi Endowment Fund
Kshs. 3,926,095
Kshs. 500,000
Kshs. 4,426,095
Class of '97 E. Fund
Kshs. 180,236
Kshs. 50,000
Kshs. 240,236
Mr & Mrs. Ken Mwangi E. Fund
Kshs. 700,923
Kshs. 700,923
Mahmud Rahimtulla Memorial Fund
Kshs. 11,718,336
Kshs. 11,718,336
Joseph Odipo Memorial Fund (Class of 2011)
Kshs. 62,906
Kshs. 62,906
Mr & Mrs. G. Njoroge E. Fund
Kshs. 1,128,251
Kshs. 1,128,251
Terry Ochieng Memorial Fund
Kshs. 105,034
Kshs. 105,034
Belinda DeSouza E. Fund
Kshs. 311,351
Kshs. 153,500
Kshs. 464,851
Clive Kibwage Memorial Fund (Class of 1999)
Kshs. 113,749
Kshs. 113,749
Alvin Ngui Memorial Fund (Class of 2012)
Kshs. 15,866
Kshs. 15,866
Fredrick Owegi & Family E. Fund
Kshs. 2,969,862
Kshs. 2,969,862
Diphas & Inviolate Siboe Family E. Fund
Kshs. 374,867
Kshs. 29,000
Kshs. 403,867
Mwangi Watunu & Family E. Fund
Kshs. 53,918
Kshs. 53,918
Class of 2003 E. Fund
Kshs. 371,347
Kshs. 8,000
Kshs. 379,347
Sajabi Family E. Fund
Kshs. 566,843
Kshs. 70,000
Kshs. 636,843
Class of 1987 E. Fund
Kshs. 2,502,853
Kshs. 2,502,853
Class of 2000 E. Fund
Kshs. 1,060,042
Kshs. 8,000
Kshs. 1,068,042
Class of 2005 E. Fund
Kshs. 283,648
Kshs. 283,648
Class of 1994 E. Fund
Kshs. 134,982
Kshs. 134,982
Gichane Family E. Fund
Kshs. 259,709
Kshs. 259,709
MaryAnn & S. Kimani Family E. Fund
Kshs. 156,291
Kshs. 156,291
Mr. & Mrs. George Sinari E. Fund
Kshs. 51,639
Kshs. 51,639
John & Rosalyn Muthiora E. Fund
Kshs. 382,448
Kshs. 382,448
Charles & Gladys Kigwe Memorial Fund
Kshs. 26,048
Kshs. 26,048
Class 8-2018 Endowment Fund
Kshs. 84,589
Kshs. 25,000
Kshs. 109,589
Kaira Family E. Fund
Kshs. 78,081
Kshs. 78,081
Kibowen Family E. Fund
Kshs. 46,743
Kshs. 46,743
Dr. & Dr. Michoma Peter E. Fund
Kshs. 103,849
Kshs. 103,849
Mr. & Mrs. N. K. Sang E. Fund
Kshs. 15,586
Kshs. 15,586
Onguto Family E. Fund
Kshs. 51,925
Kshs. 51,925
Jomo & Mwaniki Muigai E. Fund
Kshs. 40,424
Kshs. 40,424
Gilbert Kibuga Family E. Fund
Kshs. 622,578
Kshs. 622,578
James Gichuru Family E. Fund
Kshs. 155,903
Kshs. 155,903
Kyle Aludo E. Fund
Kshs. 51,774
Kshs. 51,774
Ikua Kinuthia & Family E. Fund
Kshs. 103,591
Kshs. 103,591
Mr & Mrs Nderitu Family E. Fund
Kshs. 25,876
Kshs. 25,876
Class of 1990 E. Fund
Kshs. 72,453
Kshs. 72,453
Drs. Richard & Jane Mbugua E. Fund
Kshs. 411,038
Kshs. 411,038
Kevin O'Byrne Memorial Fund
Kshs. 465,061
Kshs. 465,061
Class 4-2019 Mothers E. Fund
Kshs. 53,582
Kshs. 53,582
A.M. Munyendo Family E. Fund
Kshs. 51,617
Kshs. 51,617
John Nyandieka E. Fund
Kshs. 307,754
Kshs. 30,000
Kshs. 337,754
Kagwanja Family E. Fund
Kshs. 103,142
Kshs. 103,142
Kariuki Family E. Fund
Kshs. 51,387
Kshs. 51,387
Nicholas & Pascaline Karanja E. Fund
Kshs. 102,866
Kshs. 102,866
Mulwa Sadat E. Fund
Kshs. 102,866
Kshs. 102,866
Gichugu Family E. Fund
Kshs. 102,218
Kshs. 102,218
Class of 1989 (8-4-4) E. Fund
Kshs. 511,473
Kshs. 511,473
Class 5 Mums (2020) E. Fund
Kshs. 30,995
Kshs. 30,995
Muturo & Family E. Fund
Kshs. 32,352
Kshs. 32,352
Mogusu Family E. Fund
Kshs. 41,230
Kshs. 41,230
Shirley Lukera Wambani E. Fund
Kshs. 225,486
Kshs. 225,486
Class of 2002 E. Fund
Kshs. 44,892
Kshs. 44,892
Victor Maina E. Fund
Kshs. 5,582
Kshs. 5,582
Beatrice Mwihia Endowment Fund
Kshs. 35,344
Kshs. 35,344
Kihara Family Endowment Fund
Kshs. 100,390
Kshs. 100,390
Class of 2009 Endowment Fund
Kshs. 53,049
Kshs. 53,049
Silvano Borruso Endowment Fund
Kshs. 237,755
Kshs. 237,755
C-FAM Endowment Fund
Kshs. 309,674
Kshs. 309,674
Debra & Robert Aloo Endowment Fund
Kshs. 25,000
Kshs. 25,000
TOTAL

Kshs. 112,017,555
Kshs. 3,082,328
Kshs. 115,099,883