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Fundraising strategies at the Kenya Wildlife Service Fund

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The Kenya Wildlife Service Fund is an endowment fund dedicated to wildlife—our national pride and the world’s heritage. It’s created through an Act of Parliament under the Wildlife Conservation Management Act. The fund came into operation towards the end of 2009.

The endowment fund’s goal is to raise KSh 100 billion (US $ 100million), amassed over a decade. At an assumed interest rate of 10 percent a year, KSh 10 billion (about $13 million) will then be available per year.
The Kenya Wildlife Service Fund is designed to provide reliable, consistent funding, despite fluctuating tourist income, shifting politics, or the vagaries of international economics. By definition, the principal of an endowment fund cannot be touched; only interest and other income may be tapped. Therefore the fund will be able to support wildlife and community conservation efforts generation after generation
Category: #Case Studies #Endowment Funds #Fundraising