Your donation remains forever!
You can have a fund with your name.
Endowments are permanent assets (money, securities, property) that are invested to earn income. The income earned from the investment is the only amount used while the principal is left intact, to keep generating more income. An Endowment may be created by the contribution of a single donor or the collective contributions of any number of donors. The benefits of such a fund are permanent. A gift that is made today will still be there in 100 years’ time and on, educating girls on your behalf forever.
Beneficiaries of the Kianda Foundation Scholarship Endowment Fund
|Description of beneficiaries
||Scholarship amount (Kshs.) per person / year
Total amount of scholarship required each year (Kshs.)
Total amount of scholarship required each year (US $)
|370 girls receiving technical education
|20 girls receiving formal education
|Outreach activities for 200 women
|Total amount required each year for scholarships
Total amount required each year for scholarships in KSH
Total amount required each year for scholarships in USD
The returns from the investment are expected at a minimum of 10% per annum. 8% will be spent on scholarships, 1.7% will be ploughed back to ensure growth of the fund and 0.3 % will be spent on administration. The total amount required to generate scholarships worth Kshs 24 million each year is KShs 300 million.
The first phase of fundraising of Sh.180 million which began in 2004 is now complete. We need to raise an additional 120 million for the endowment fund and to do this, Kianda Foundation needs the help of past students, friends and well-wishers who can appreciate the value of the education that has been given in the past, is now being given and will continue to be given in the future to promote Kenyan women and girls.
Kianda Foundation is seeking partners for the Endowment Fund. This partnership can be through cash contributions, property, shares or land. The donation can be made by an individual or by a group.