This archive report was first published on 16 July 2019.
Starehe Boys and Girls Centres are facing a significant funding challenge, with the institution seeking over Sh600 million to finance the education of about 1,000 bright but needy students.
According to Raymond Rono, the chairman of the Old Starehian Society, the funds will be used to cover the education, food, accommodation, and health costs of at least 70 per cent of the students who rely on the school sponsorship.
The funds will be mobilised under the Griffin Memorial Endowment Trust (GMET), which was formed in 2009 in honour of the school's late founder Dr Geoffrey Griffin.
Published on July 16, 2019, the institution had previously admitted to funding challenges that left the education of about 600 bright but needy students at stake.
Currently, the GMET fund has Sh200 million in its coffers, which is invested with the interest earned being used for the sponsorship of children from deprived backgrounds.
"With 2,000 endowments of Sh1 million each, totalling Sh2 billion, the GMET fund will guarantee free places in both the Starehe (boys and girls) Schools, forever or for as long as both GMET and the schools are in existence," Mr Rono said.
Starehe Boys Centre was founded in 1959 by the late Dr Griffin, the late Geoffrey Geturo, and the late Joseph Gikubu, and provides care and education for students in needy but bright students alongside its sister school, Starehe Girls, which was founded in 2004.
