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.








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    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 2023

    Additions
    Received 2023

    Principal
    31st Aug 2023
    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. 7,335,793
    Kshs. 12,000
    Kshs. 7,347,793
    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. 885,617
    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. 38,363,881
    Kshs. 1,331,600
    Kshs. 39,695,481
    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. 4,979,261
    Kshs. 500,000
    Kshs. 5,479,261
    Class of '97 E. Fund
    Kshs. 242,738
    Kshs. 15,000
    Kshs. 257,738
    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.115,103
    Kshs.56,000
    Kshs. 171,103
    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. 408,616
    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. 694,243
    Kshs. 80,000
    Kshs. 774,243
    Class of 1987 E. Fund
    Kshs. 2,547,637
    Kshs. 15,000
    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. 135,893
    Kshs. 75,000
    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. 341,684
    Kshs. 100,000
    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. 41,721
    Kshs. 15,000
    Kshs. 56,721
    Shirley Lukera Wambani E. Fund
    Kshs. 228,169
    Kshs. 228,169
    Class of 2002 E. Fund
    Kshs. 45,426
    Kshs. 45,426
    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. 274,378
    Kshs. 35,000
    Kshs. 309,378
    C-FAM Endowment Fund
    Kshs. 313,052
    Kshs. 313,052
    Debra & Robert Aloo Endowment Fund
    Kshs. 25,104
    Kshs. 15,000
    Kshs. 40,104
    Class of 2022 F.4 Dads Endowment Fund
    Kshs. 90,000
    Kshs. 50,000
    Kshs. 140,000
    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
    TOTAL
    Kshs. 118,424,933
    Kshs. 2,324,600
    Kshs. 120,749,533