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.

HOW TO 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.

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
30th Jun 2024
Mr. & Mrs. Githongo E. Fund
Kshs. 113,510
Kshs. 113,510
Dr. Branya & Family E. Fund
Kshs. 182,598
Kshs. 182,598
Past Students E. Fund
Kshs. 7,496,647
Kshs. 9,000
Kshs. 7,505,647
Mr. Bedoyere Family E. Fund
Kshs. 267,516
Kshs. 267,516
Our Lady of Africa E. Fund
Kshs. 1,230,397
Kshs. 1,230,397
Jawahar Gajree E. Fund
Kshs. 2,494,295
Kshs. 2,494,295
Ada Drakard E. Fund
Kshs. 1,564,918
Kshs. 1,564,918
Ajay Chotai E. Fund
Kshs. 359,602
Kshs. 359,602
1989 Class E. Fund
Kshs. 1,527,792
Kshs. 1,527,792
Dr. Deepak Bedi E. Fund
Kshs. 896,687
Kshs. 780,922
Kshs. 1,677,609
Mr. Wambua & Family E. Fund
Kshs. 2,123,329
Kshs. 2,123,329
E. Gendia Memorial Fund
Kshs. 1,715,021
Kshs. 1,715,021
Mr. & Mrs. Knott E. Fund
Kshs. 61,185
Kshs. 61,185
Current Parents E. Fund
Kshs. 41,444,717
Kshs. 950,000
Kshs. 42,394,717
Current Students Fundraising
Kshs. 1,085,506
Kshs. 1,085,506
Jos Konzolo & Family E. Fund
Kshs. 397,541
Kshs. 397,541
Mr. Ongwae & Family E.Fund
Kshs. 54,264
Kshs. 54,264
Vincent Maiko E. Fund- (1986 F6 class)
Kshs. 51,066
Kshs. 51,066
Peter Mboya Memorial Fund- (1982 F6 class)
Kshs. 275,011
Kshs. 275,011
Nathan Ngumi E. Fund
Kshs. 600,192
Kshs. 600,192
Kingori Mwangi E. Fund
Kshs. 12,669,721
Kshs. 12,669,721
Mr & Mrs. Muthoka Fund
Kshs. 279,430
Kshs. 279,430
Nkonge Majani Fund (Class of '95)
Kshs. 1,312,543
Kshs. 1,312,543
Bakhtawar Singh Virdee Memorial Fund
Kshs. 29,891
Kshs. 29,891
Class of '84 E. Fund
Kshs. 286,427
Kshs. 10,000
Kshs. 296,427
Santiago Eguidazu memorial Fund
Kshs. 635,464
Kshs. 635,464
Geoffrey & Idinha Mascarenhas Endowment Fund
Kshs. 8,487,661
Kshs. 8,487,661
Tim &Tina Wanyonyi Endowment Fund
Kshs. 5,795,148
Kshs. 5,795,148
Class of '97 E. Fund
Kshs. 287,499
Kshs. 15,000
Kshs. 302,499
Mr & Mrs. Ken Mwangi E. Fund
Kshs. 718,130
Kshs. 718,130
Mahmud Rahimtulla Memorial Fund
Kshs. 12,006,006
Kshs. 12,006,006
Joseph Odipo Memorial Fund (Class of 2011)
Kshs. 64,451
Kshs. 64,451
Mr & Mrs. G. Njoroge E. Fund
Kshs. 1,155,948
Kshs. 1,155,948
Terry Ochieng Memorial Fund
Kshs. 107,613
Kshs. 107,613
Belinda DeSouza E. Fund
Kshs. 576,150
Kshs. 576,150
Clive Kibwage Memorial Fund (Class of 1999)
Kshs. 183,854
Kshs. 28,000
Kshs. 211,854
Alvin Ngui Memorial Fund (Class of 2012)
Kshs. 16,256
Kshs. 16,256
Fredrick Owegi & Family E. Fund
Kshs. 3,042,768
Kshs. 3,042,768
Diphas & Inviolate Siboe Family E. Fund
Kshs. 413,724
Kshs.24,000
Kshs. 437,724
Mwangi Watunu & Family E. Fund
Kshs. 55,242
Kshs. 55,242
Class of 2003 E. Fund
Kshs. 384,513
Kshs. 2,500
Kshs. 387,013
Sajabi Family E. Fund
Kshs. 823,609
Kshs. 60,000
Kshs. 883,609
Class of 1987 E. Fund
Kshs. 2,579,482
Kshs. 2,579,482
Class of 2000 E. Fund
Kshs. 1,168,950
Kshs. 1,168,950
Class of 2005 E. Fund
Kshs. 290,611
Kshs. 290,611
Class of 1994 E. Fund
Kshs. 138,295
Kshs. 138,295
Gichane Family E. Fund
Kshs. 266,085
Kshs. 266,085
MaryAnn & S. Kimani Family E. Fund
Kshs. 160,128
Kshs. 160,128
Mr. & Mrs. George Sinari E. Fund
Kshs. 52,907
Kshs. 52,907
John & Rosalyn Muthiora E. Fund
Kshs. 391,836
Kshs. 391,836
Charles & Gladys Kigwe Memorial Fund
Kshs. 26,687
Kshs. 26,687
Class 8-2018 Endowment Fund
Kshs. 212,956
Kshs. 25,000
Kshs. 237,956
Kaira Family E. Fund
Kshs. 79,998
Kshs. 79,998
Kibowen Family E. Fund
Kshs. 47,890
Kshs. 47,890
Dr. & Dr. Michoma Peter E. Fund
Kshs. 106,399
Kshs. 106,399
Mr. & Mrs. N. K. Sang E. Fund
Kshs. 15,968
Kshs. 15,968
Onguto Family E. Fund
Kshs. 53,200
Kshs. 53,200
Jomo & Mwaniki Muigai E. Fund
Kshs. 61,787
Kshs. 61,787
Gilbert Kibuga Family E. Fund
Kshs. 637,862
Kshs. 637,862
James Gichuru Family E. Fund
Kshs. 159,730
Kshs. 159,730
Kyle Aludo E. Fund
Kshs. 53,045
Kshs. 53,045
Ikua Kinuthia & Family E. Fund
Kshs. 106,134
Kshs. 106,134
Mr & Mrs Nderitu Family E. Fund
Kshs. 26,511
Kshs. 26,511
Class of 1990 E. Fund
Kshs. 74,231
Kshs. 74,231
Drs. Richard & Jane Mbugua E. Fund
Kshs. 421,128
Kshs. 421,128
Kevin O'Byrne Memorial Fund
Kshs. 476,477
Kshs. 476,477
Class 4-2019 Mothers E. Fund
Kshs. 54,898
Kshs. 54,898
A.M. Munyendo Family E. Fund
Kshs. 52,884
Kshs. 52,884
John Nyandieka E. Fund
Kshs. 446,580
Kshs. 446,580
Kagwanja Family E. Fund
Kshs. 105,674
Kshs. 105,674
Kariuki Family E. Fund
Kshs. 52,649
Kshs. 52,649
Nicholas & Pascaline Karanja E. Fund
Kshs. 105,391
Kshs. 105,391
Mulwa Sadat E. Fund
Kshs. 105,391
Kshs. 105,391
Gichugu Family E. Fund
Kshs. 104,727
Kshs. 104,727
Class of 1989 (8-4-4) E. Fund
Kshs. 524,030
Kshs. 524,030
Class 5 Mums (2020) E. Fund
Kshs. 31,756
Kshs. 31,756
Muturo & Family E. Fund
Kshs. 33,146
Kshs. 33,146
Mogusu Family E. Fund
Kshs. 57,383
Kshs. 57,383
Shirley Lukera Wambani E. Fund
Kshs. 231,021
Kshs. 231,021
Class of 2002 E. Fund
Kshs. 48,494
Kshs. 48,494
Victor Maina E. Fund
Kshs. 5,719
Kshs. 5,719
Beatrice Mwihia Endowment Fund
Kshs. 36,212
Kshs. 36,212
Kihara Family Endowment Fund
Kshs. 102,855
Kshs. 102,855
Class of 2009 Endowment Fund
Kshs. 54,351
Kshs. 54,351
Silvano Borruso Endowment Fund
Kshs. 363,329
Kshs. 10,000
Kshs. 373,329
C-FAM Endowment Fund
Kshs. 316,965
Kshs. 316,965
Debra & Robert Aloo Endowment Fund
Kshs. 40,538
Kshs. 40,538
Class of 2022 F.4 Dads Endowment Fund
Kshs. 170,490
Kshs. 25,000
Kshs. 195,490
Class of 2022 Grade 6 Dads Endowment Fund
Kshs. 6,075
Kshs. 6,075
Tefiro Serunjogi E. Fund
Ksh. 1,263,021
Ksh. 1,263,021
Class of 1976 Endowment Fund
Kshs. 10,094
Kshs. 10,094
Dr. Vincent R. Okungu Endowment Fund

Kshs. 30,125
Kshs. 30,125
Nathwani Family Endowment Fund
Kshs. 5,000
Kshs. 15,000
Kshs. 20,000
TOTAL
Kshs. 125,240,935
Kshs. 2,204,422
Kshs. 127,445,357