Dedan Kimathi University of Technology Endowment Fund (DeKUTEF) was established with the goal of supporting talented students to access and successfully complete the highly competitive programmes offered by the University through provision of scholarships and bursaries. The fund will be developed further to support the wider mandate of the University and her goal to run as a world academic centre of excellence. To this end, the fund has a framework for the University supporters – be they individuals, members of the University’s alumni association, foundations, corporate entities, and development partners-, to generously contribute. The initial target is Ksh.100 million. The general idea of endowment fund, as practiced around the world, is that a contribution is not utilized directly, but is put in an appropriate investment instruments, and the yields of that investment are utilized in the course for which the principal contribution was made. Consequently, a contribution will have an impact in perpetuity. Under the same framework, capital contributions, such as buildings and equipment, which can benefit the institution for many years in the future are also made. The fund will considerably aid the University to operate truly to her historical foundation and heritage of being an Institution of the society and working for the improvement of the people.