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 67 endowment funds whose total capital value now stands at Kenya Shillings 99,986,052.

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: 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 2019

Additions
Received 2019

Principal
31st Oct 2019
Mr. & Mrs. Githongo E. Fund
Kshs. 102,134
Kshs. 5,000
Kshs. 107,134
Dr. Branya & Family E. Fund
Kshs. 172,333
Kshs. 172,333
Past Students E. Fund
Kshs. 6,819,483
Kshs. 69,950
Kshs. 6,889,433
Mr. Bedoyere Family E. Fund
Kshs. 252,475
Kshs. 252,475
Our Lady of Africa E. Fund
Kshs. 1,161,223
Kshs. 1,161,223
Jawahar Gajree E. Fund
Kshs. 2,354,064
Kshs. 2,354,064
Ada Drakard E. Fund
Kshs. 1,476,937
Kshs. 1,476,937
Ajay Chotai E. Fund
Kshs. 339,384
Kshs. 339,384
1989 Class E. Fund
Kshs. 1,431,907
Kshs. 10,000
Kshs. 1,441,907
Dr. Deepak Bedi E. Fund
Kshs. 749,600
Kshs. 749,600
Mr. Wambua & Family E. Fund
Kshs. 1,497,132
Kshs. 510,000
Kshs. 2,007,132
E. Gendia Memorial Fund
Kshs. 1,618,601
Kshs. 1,618,601
Mr. & Mrs. Knott E. Fund
Kshs. 57,745
Kshs. 57,745
Current Parents E. Fund
Kshs. 30,858,692
Kshs. 821,459
Kshs. 31,680,151
Current Students Fundraising
Kshs. 1,024,478
Kshs. 1,024,478
Jos Konzolo & Family E. Fund
Kshs. 375,191
Kshs. 375,191
Mr. Ongwae & Family E. Fund
Kshs. 51,213
Kshs. 51,213
Vincent Maiko E. Fund (1986 F6 Class)
Kshs. 48,195
Kshs. 48,195
Peter Mboya Memorial Fund (1982 F6 Class)
Kshs. 259,550
Kshs. 259,550
Nathan Ngumi E. Fund
Kshs. 566,448
Kshs. 566,448
Kingori Mwangi E. Fund
Kshs. 10,869,781
Kshs. 430,000
Kshs. 11,299,781
Mr. Andrew M. Muthoka & Family Fund
Kshs. 263,719
Kshs. 263,719
Nkonge Majani Fund (Class of '95)
Kshs. 1,238,751
Kshs. 1,238,751
Bakhtawar Singh Virdee Memorial Fund
Kshs. 28,210
Kshs. 28,210
Class of 1984 E. Fund
Kshs. 240,999
Kshs. 10,000
Kshs. 250,999
Santiago Eguidazu Memorial Fund
Kshs. 599,738
Kshs. 599,738
Geoffrey & Idinha Mascarenhas E. Fund
Kshs. 8,010,478
Kshs. 8,010,478
Tim & Tina Wanyonyi E. Fund
Kshs. 3,549,921
Kshs. 3,549,921
Class of 1997 E. Fund
Kshs. 102,016
Kshs. 37,500
Kshs. 139,516
Kevin O'Byrne Memorial Fund
Kshs. 449,690
Kshs. 449,690
Mr & Mrs. Ken Mwangi E. Fund
Kshs. 627,088
Kshs. 50,000
Kshs. 677,088
Mahmud Rahimtulla Memorial Fund
Kshs. 11,331,018
Kshs. 11,331,018
Joseph Odipo Memorial Fund
Kshs. 60,827
Kshs. 60,827
Mr & Mrs. G. Njoroge E. Fund
Kshs. 1,090,960
Kshs. 1,090,960
Terry Ochieng Memorial Fund
Kshs. 101,562
Kshs. 101,562
Alvin Ngui Memorial Fund (Class of 2012)
Kshs. 15,342
Kshs. 15,342
Belinda de Souza E. Fund
Kshs. 286,127
Kshs. 15,000
Kshs. 301,127
Fredrick Owegi & Family E. Fund
Kshs. 2,871,702
Kshs. 2,871,702
Clive Kibwage Memorial Fund (Class of 1999)
Kshs. 109,989
Kshs. 109,989
Diphas & Inviolate Siboe Family E. Fund
Kshs. 282,587
Kshs. 51,000
Kshs. 333,587
Mwangi Watunu & Family E. Fund
Kshs. 52,136
Kshs. 52,136
Class of 2003 E. Fund
Kshs. 359,073
Kshs. 359,073
Sajabi Family E. Fund
Kshs. 198,313
Kshs. 72,000
Kshs. 270,313
Class of 1987 E. Fund
Kshs. 2,420,128
Kshs. 2,420,128
Class of 2000 E. Fund
Kshs. 350,345
Kshs. 423,116
Kshs. 773,461
Class of 2005 E. Fund
Kshs. 104,546
Kshs. 100,000
Kshs. 204,546
Class of 1994 E. Fund
Kshs. 94,121
Kshs. 32,000
Kshs. 126,121
Gichane Family E. Fund
Kshs. 251,125
Kshs. 251,125
MaryAnn & S. Kimani Family E. Fund
Kshs. 151,125
Kshs. 151,125
Mr. & Mrs. George Sinari E. Fund
Kshs. 10,075
Kshs. 30,000
Kshs. 40,075
John & Rosalyn Muthiora E. Fund
Kshs. 75,135
Kshs. 75,135
Charles & Gladys Kigwe Memorial Fund
Kshs. 25,188
Kshs. 25,188
Class 8-2018 Endowment Fund
Kshs. 81,793
Kshs. 81,793
Kaira Family Endowment Fund
Kshs. 75,500
Kshs. 75,500
Kibowen Family Endowment Fund
Kshs. 35,225
Kshs. 10,000
Kshs. 45,225
Dr. & Dr. Michoma Peter E. Fund
Kshs. 100,417
Kshs. 100,417
Mr. & Mrs. N. K. Sang E. Fund
Kshs. 15,071
Kshs. 15,071
Onguto Family E. Fund
Kshs. 50,208
Kshs. 50,208
Jomo & Mwaniki E. Fund
Kshs. 14,036
Kshs. 14,036
Gilbert Kibuga Family E. Fund
Kshs. 602,000
Kshs. 602,000
James Gichuru Family E. Fund
Kshs. 150,750
Kshs. 150,750
Kyle Aludo E. Fund
Kshs. 50,063
Kshs. 50,063
Ikua Kinuthia & Family E. Fund
Kshs. 100,167
Kshs. 100,167
Mr. & Mrs. Nderitu & Family E. Fund
Kshs. 25,021
Kshs. 25,021
Class of 1990 E. Fund
Kshs. 70,058
Kshs. 70,058
Drs. Richard & Jane Mbugua E. Fund
Kshs. 100,083
Kshs. 200,000
Kshs. 300,083
Class 4-2019 Mothers E. Fund
Kshs. 52,000
Kshs. 52,000
A. M. Munyendo Family E. Fund
Kshs. 50,000
Kshs. 50,000
John Nyandieka E. Fund
Kshs. 150,000
Kshs. 150,000
Kagwanja Family E. Fund
Kshs. 100,000
Kshs. 100,000
Nicholas and Pascaline Karanja E. Fund
Kshs. 100,000
Kshs. 100,000
Mulwa Sadat E. Fund
Kshs. 100,000
Kshs. 100,000
TOTAL
Kshs. 98,908,993
Kshs. 3,339,025
Kshs. 102,308,018