Endowment Fund
To donate to the fund, please click here.
Objectives
The main objective of establishing the KNUST COLLEGE OF ENGINEERING ENDOWMENT FUND (KCEEF) is to provide stable and predictable funding for the College of Engineering to enable it to become an internationally acknowledged Centre of Excellence in Engineering Education; produce high calibre graduates with knowledge and expertise to support the industrial and socio-economic development of Ghana and Africa. The target is to raise 50 million Ghana Cedis ($ 5 million) within five years.
The specific objectives are:
- Improve the quality of postgraduate programmes
- Expand access to postgraduate programmes
- Provide scholarships to attract brilliant postgraduate students and needy undergraduate students
- Improve infrastructure to support teaching and learning
Sources of Revenue for KCEEF
The main potential sources of income identified to be generated into the Endowment Fund (EF) are the following:
- Annual Fund Raising through symposiums and other technical educational forums
- Donations from organizations deploying the use of science and technology.
- Contribution from the strong and motivated alumni network of the College of Engineering, KNUST.
- Allocation from portions of the College of Engineering Internally generated funds
- Investment interest accruing from investing part of the fund with credible investment houses.
- Private sector organizations, individuals etc.
Application of KCEEF
The use of this fund will be generally limited to expenditures relating to areas under the following budget lines:
- Financial support to the brilliant and needy postgraduate students by way of scholarships and other bursaries.
- Expansion of infrastructure to support teaching and research.
- Financial aid to attract brilliant postgraduate students.
- Recruitment of critical and strategic academic and non-academic staff on a contract basis until the Government approves their appointment to be regularized.
- Recruitment of Post-doctoral fellows to enhance the research output of the college.
- Any other program that the Trustees of the Fund would deem appropriate.
Donors
| Name | Amount |
|---|---|
| Honourable Dr Yaw Osei Adutwum, Minister for Education | |
| Anonymous | USD 50,000.00 |
| Volta River Authority (VRA) | GHS 2,000,000.00 |
| Ghana Grid Company | GHS 1,000,000.00 |
| Ghana National Gas Company | GHS 500,000.00 |
| College of Engineering, KNUST | GHS 133,301.19 |
| Associated Consultants Limited | GHS 120,000.00 |
| Electricity Company of Ghana | GHS 100,000.00 |
| National Petroleum Authority | GHS 100,000.00 |
| ASIB Construction Ltd | GHS 60,000.00 |
| Civil Engineering Class of 1996 | GHS 50,000.00 |
| Ghana Institution of Engineers | GHS 50,000.00 |
| Electrical Engineering Class of 2002 | GHS 40,000.00 |
| Ghana Highway Authority | GHS 20,000.00 |
| VRA Staff Deductions for April-July | GHS 12,400.00 |
| Civil Engineering Class of 1994 | GHS 12,000.00 |
| RPS Engineering | GHS 10,000.00 |
| Institution of Engineering & Technology | GHS 10,000.00 |
| BrainBirds Academy | GHS 2,000.00 |
| Mercury Heights (Suntaa Hospital Ltd) | GHS 1,500.00 |
| Ing Christian Nti, CEO of Ghana Highway Authority | |
| Ing. Amuna | |
| Ing. Harold Esseku | |
| Ing. Kwabena Bempong | |
| Ing. Lesile Addico | |
| Ing. Ludwig Annan Hesse | |
| Ing. Philip Amankwah | |
| Ing. Francis Eben Arkerst | |
| Ing. Kwabena Adjei Larbi | |
| Ing. Samuel Akuoko | |
| Ing. Allotey Celestina | |
| Bruce Fosuhene Kwadwo | |
| Frimpong Emmanuel Owusu Foejoe | |
| Bryan Edem Attigah | |
| Yaa Okudzeto | |
| Kwame Osei Baffour Akoto | |
| Nana Joe Mensah | |
| Ing. Nana Poku Agyeman | |
| Total Donations | GHS 4,661,986.50 + USD 70,619.90 |
Bank Details for Donation
Name of Bank: Stanbic Bank
Account Name: KNUST College of Engineering Endowment Fund
Account Number: 9040008248502 (GH₵), 9040009527588 (US $ )
Swift Code: SBICCHAC
Branch: KNUST
Mobile Money Details for Donation
Merchant Number: 059 860 5849
Merchant ID: 630380