The University of Embu appeals to you, as our most valuable partner, to join us in a Gala Dinner to mobilize funds to support the University Endowment Fund which will support University programmes such as needy students. In 2024 the Endowment Gala Dinner is the pinnacle of this year’s University Endowment Calendar of activities. The event offers a unique opportunity to also tell our philanthropists the impact of the fund which was established in 2018.
The University is working towards nurturing future leaders and talents, some of which may fall off due to financial difficulties beyond their control. Through endowment, the University is able to support individuals to realize their full potential that could otherwise be missed. The uniqueness of this approach is that the support is forever as only the interest is utilized and the principal is invested in perpetuity. The endower is also remembered forever and engraved in the annals of history of the University. Philanthropists who are willing to donate to help others but only in a transparent ecosystem, is assured of this by the University of Embu. This is because the Fund is overseen by a Board of Trustees who are guided by a fully executed Trustee Deed and a Policy.
The University of Embu offers multiple options for endowing:
Permanent Endowments: Funds with perpetual life where only the interest is used as agreed upon. Term Endowment: Funds invested for a specified period, with options to expend part of the principal or follow the endower’s wishes. Quasi Endowments: Funds functioning as an endowment, sourced either from the endower or the institution’s own funds.
Dear Esteemed Guest,
I invite you, as our valuable partner, to the University of Embu’s Endowment Fund Gala Dinner. This is an imitative to mobilize funds to grow the University Endowment Fund to support the University programmes such as needy students. Since its launch the fund supports over 2000 students per year.
We undertook the Endowment Fund initiative because it provides the support that is assured for perpetuity since only the interest realized from investing the donations is utilized.
Your presence and contribution to the initiative will be a positive response to accelerating the realization of quality education for our students whose lives are forever transformed.
Warm Regards,
Prof. Daniel Mugendi Ph.D. EBS
Vice-Chancellor, University of Embu