The University of Embu Endowment Fund was established in 2018 with an objective of mobilizing resources to enable the University realise its mandate, key amongst them, assisting talented but very needy students to finance their education.
The Fund is established by a Trust Deed and is managed by an independent Board of Trustees, whose responsibility is to ensure that the endowed funds are professionally managed. As detailed in the Trust Deed, funds in the Endowment Fund account are strictly invested and only the interest earned is used to support Endowment Fund activities. This ensures that the Fund operates in perpetuity.
Since its inception, the Fund has organised a number of fundraising drives that have contributed to a build-up of the Endowment Fund kitty, which now stands at approximately Kenya Shillings 40,000,000.
The Board of Trustees has an ambitious plan to raise the endowment capital to approximately Kenya Shillings 10 billion. Through sound investment of this capital, the Board aims to generate resources to support priority programmes at the University.
Endowers can contribute by depositing seed capital, making a direct donation to the fund, or sponsoring an identified programme or cause.
