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.

[contact-form-7 id=”9243″]

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 94 endowment funds whose total capital value now stands at Kenya Shillings 122,980,483.

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 2024

Additions
Received 2024

Principal
28th Feb 2024
Mr. & Mrs. Githongo E. Fund
Kshs. 112,109
Kshs. 112,109
Dr. Branya & Family E. Fund
Kshs. 180,344
Kshs. 180,344
Past Students E. Fund
Kshs. 7,404,793
Kshs. 3,000
Kshs. 7,407,793
Mr. Bedoyere Family E. Fund
Kshs. 264,213
Kshs. 264,213
Our Lady of Africa E. Fund
Kshs. 1,215,207
Kshs. 1,215,207
Jawahar Gajree E. Fund
Kshs. 2,463,501
Kshs. 2,463,501
Ada Drakard E. Fund
Kshs. 1,545,598
Kshs. 1,545,598
Ajay Chotai E. Fund
Kshs. 355,162
Kshs. 355,162
1989 Class E. Fund
Kshs. 1,508,930
Kshs. 1,508,930
Dr. Deepak Bedi E. Fund
Kshs. 885,617
Kshs. 780,922
Kshs. 1,666,539
Mr. Wambua & Family E. Fund
Kshs. 2,097,115
Kshs. 2,097,115
E. Gendia Memorial Fund
Kshs. 1,693,848
Kshs. 1,693,848
Mr. & Mrs. Knott E. Fund
Kshs. 60,430
Kshs. 60,430
Current Parents E. Fund
Kshs. 38,399,481
Kshs. 950,000
Kshs. 39,349,481
Current Students Fundraising
Kshs. 1,072,105
Kshs. 1,072,105
Jos Konzolo & Family E. Fund
Kshs. 392,633
Kshs. 392,633
Mr. Ongwae & Family E.Fund
Kshs. 53,594
Kshs. 53,594
Vincent Maiko E. Fund- (1986 F6 class)
Kshs. 50,436
Kshs. 50,436
Peter Mboya Memorial Fund- (1982 F6 class)
Kshs. 271,616
Kshs. 271,616
Nathan Ngumi E. Fund
Kshs. 592,782
Kshs. 592,782
Kingori Mwangi E. Fund
Kshs. 12,513,305
Kshs. 12,513,305
Mr & Mrs. Muthoka Fund
Kshs. 275,980
Kshs. 275,980
Nkonge Majani Fund (Class of '95)
Kshs. 1,296,339
Kshs. 1,296,339
Bakhtawar Singh Virdee Memorial Fund
Kshs. 29,522
Kshs. 29,522
Class of '84 E. Fund
Kshs. 282,891
Kshs. 282,891
Santiago Eguidazu memorial Fund
Kshs. 627,619
Kshs. 627,619
Geoffrey & Idinha Mascarenhas Endowment Fund
Kshs. 8,382,875
Kshs. 8,382,875
Tim &Tina Wanyonyi Endowment Fund
Kshs. 5,729,261
Kshs. 5,729,261
Class of '97 E. Fund
Kshs. 284,266
Kshs. 5,000
Kshs. 289,266
Mr & Mrs. Ken Mwangi E. Fund
Kshs. 709,264
Kshs. 709,264
Mahmud Rahimtulla Memorial Fund
Kshs. 11,857,784
Kshs. 11,857,784
Joseph Odipo Memorial Fund (Class of 2011)
Kshs. 63,655
Kshs. 63,655
Mr & Mrs. G. Njoroge E. Fund
Kshs. 1,141,677
Kshs. 1,141,677
Terry Ochieng Memorial Fund
Kshs. 106,284
Kshs. 106,284
Belinda DeSouza E. Fund
Kshs. 569,037
Kshs. 569,037
Clive Kibwage Memorial Fund (Class of 1999)
Kshs. 182,103
Kshs.13,000
Kshs. 195,103
Alvin Ngui Memorial Fund (Class of 2012)
Kshs. 16,055
Kshs. 16,055
Fredrick Owegi & Family E. Fund
Kshs. 3,005,203
Kshs. 3,005,203
Diphas & Inviolate Siboe Family E. Fund
Kshs. 408,616
Kshs.24,000
Kshs. 432,616
Mwangi Watunu & Family E. Fund
Kshs. 54,560
Kshs. 54,560
Class of 2003 E. Fund
Kshs. 379,766
Kshs. 379,766
Sajabi Family E. Fund
Kshs. 814,243
Kshs. 20,000
Kshs. 834,243
Class of 1987 E. Fund
Kshs. 2,547,637
Kshs. 2,547,637
Class of 2000 E. Fund
Kshs. 1,154,519
Kshs. 1,154,519
Class of 2005 E. Fund
Kshs. 287,023
Kshs. 287,023
Class of 1994 E. Fund
Kshs. 136,588
Kshs. 136,588
Gichane Family E. Fund
Kshs. 262,800
Kshs. 262,800
MaryAnn & S. Kimani Family E. Fund
Kshs. 158,151
Kshs. 158,151
Mr. & Mrs. George Sinari E. Fund
Kshs. 52,254
Kshs. 52,254
John & Rosalyn Muthiora E. Fund
Kshs. 386,999
Kshs. 386,999
Charles & Gladys Kigwe Memorial Fund
Kshs. 26,358
Kshs. 26,358
Class 8-2018 Endowment Fund
Kshs. 210,893
Kshs. 210,893
Kaira Family E. Fund
Kshs. 79,010
Kshs. 79,010
Kibowen Family E. Fund
Kshs. 47,299
Kshs. 47,299
Dr. & Dr. Michoma Peter E. Fund
Kshs. 105,085
Kshs. 105,085
Mr. & Mrs. N. K. Sang E. Fund
Kshs. 15,771
Kshs. 15,771
Onguto Family E. Fund
Kshs. 52,543
Kshs. 52,543
Jomo & Mwaniki Muigai E. Fund
Kshs. 61,024
Kshs. 61,024
Gilbert Kibuga Family E. Fund
Kshs. 629,987
Kshs. 629,987
James Gichuru Family E. Fund
Kshs. 157,758
Kshs. 157,758
Kyle Aludo E. Fund
Kshs. 52,390
Kshs. 52,390
Ikua Kinuthia & Family E. Fund
Kshs. 104,824
Kshs. 104,824
Mr & Mrs Nderitu Family E. Fund
Kshs. 26,184
Kshs. 26,184
Class of 1990 E. Fund
Kshs. 73,315
Kshs. 73,315
Drs. Richard & Jane Mbugua E. Fund
Kshs. 415,929
Kshs. 415,929
Kevin O'Byrne Memorial Fund
Kshs. 470,595
Kshs. 470,595
Class 4-2019 Mothers E. Fund
Kshs. 54,220
Kshs. 54,220
A.M. Munyendo Family E. Fund
Kshs. 52,231
Kshs. 52,231
John Nyandieka E. Fund
Kshs. 441,684
Kshs. 441,684
Kagwanja Family E. Fund
Kshs. 104,369
Kshs. 104,369
Kariuki Family E. Fund
Kshs. 51,999
Kshs. 51,999
Nicholas & Pascaline Karanja E. Fund
Kshs. 104,090
Kshs. 104,090
Mulwa Sadat E. Fund
Kshs. 104,090
Kshs. 104,090
Gichugu Family E. Fund
Kshs. 103,434
Kshs. 103,434
Class of 1989 (8-4-4) E. Fund
Kshs. 517,560
Kshs. 517,560
Class 5 Mums (2020) E. Fund
Kshs. 31,364
Kshs. 31,364
Muturo & Family E. Fund
Kshs. 32,737
Kshs. 32,737
Mogusu Family E. Fund
Kshs. 56,721
Kshs. 56,721
Shirley Lukera Wambani E. Fund
Kshs. 228,169
Kshs. 228,169
Class of 2002 E. Fund
Kshs. 47,926
Kshs. 47,926
Victor Maina E. Fund
Kshs. 5,648
Kshs. 5,648
Beatrice Mwihia Endowment Fund
Kshs. 35,765
Kshs. 35,765
Kihara Family Endowment Fund
Kshs. 101,585
Kshs. 101,585
Class of 2009 Endowment Fund
Kshs. 53,680
Kshs. 53,680
Silvano Borruso Endowment Fund
Kshs. 359,378
Kshs. 359,378
C-FAM Endowment Fund
Kshs. 313,052
Kshs. 313,052
Debra & Robert Aloo Endowment Fund
Kshs. 40,104
Kshs. 40,104
Class of 2022 F.4 Dads Endowment Fund
Kshs. 169,000
Kshs. 169,000
Class of 2022 Grade 6 Dads Endowment Fund
Kshs. 6,000
Kshs. 6,000
Class of 1976 Endowment Fund
Kshs. 10,000
Kshs. 10,000
Dr. Vincent R. Okungu Endowment Fund

Kshs. 30,000
Kshs. 30,000
Nathwani Family Endowment Fund
Kshs. 5,000
Kshs. 10,000
Kshs. 15,000
TOTAL
Kshs. 121,174,561
Kshs. 1,805,922
Kshs. 122,980,438