DUT Endowment Plan

THE DIASPORA UNIVERSITY ENDOWMENT PLAN

ENDOWMENT CURRENT 2025
(Ksh)
GOAL 2030
(Ksh)
Assets 2025 3,900,000,000 3,900,000,000
Development Fees 2,100,000,000
Incentives (County & National) 4,000,000,000
MSMEs Returns and Value Growth 5,000,000,000
MSMEs Capital Plan 5,000,000,000
Total 3,900,000,000 20,000,000,00
APPLICATION
University Property & Other Assets 2,280,000,000 5,380,000,000
MSMEs Investment 620,000,000 620,000,000
Students Finance Fund 1,000,000,000 14,000,000,000
Total 3,900,000,000 20,000,000,000

Ksh 20 Billion Endowment Plan

The DUT Master Development Plan (MDP) has achieved an Endowment of Ksh 3.9 billion by 2025, held through diverse assets.

By 2030, the MDP will grow the endowment to Ksh 20 billion through development fees, Government Incentives, MSME returns and asset valuation growth, and the MSME capital plan.

Ksh 20 Billion Endowment Application

The DUT Master Development Plan and the Trustees' allocation of endowment are as follows:

  1. Property Assets (Ksh 5.380 billion)

    15 of the 3,778 properties in Diaspora University Town will be financed by the endowment. Banks will provide additional financing for the property's buildings.

  2. Investments (Ksh 620 million)

    Diaspora University Trust has begun investing in 16 MSMEs under the Master Development Plan. The MSMEs that have started include Daktari Biotechnology Ltd (www.dktb.co.ke) and DUT Credit Ltd (www.dutcredit.co.ke). Others are progressing to start.

    The MSMEs will grow the endowment by about Ksh 10 billion through three plans (MSME Capital Return, Company Value growth, and MSME Capital Plan).

  3. Students' Finance Fund (Ksh 14 billion)

    The students' finance fund will finance students enrolling at DUT, in accordance with the Master Development Plan's terms and conditions. The budgets for the first four years, totaling Ksh 7.45 billion, are guaranteed by this fund. The KSh 7.45 billion will be allocated to pay faculty and staff salaries and benefits; student housing, food, and other needs; property, equipment, and vehicle loans; and diverse administrative and environmental expenses.

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