OPERATING VERSUS GRANTMAKING

Executive summary

“When a student spends three months working in the slums of Nairobi,” says Manu Chandaria OBE, “...Then he begins to understand what life is all about.”
 
When Manu Chandaria and his brothers asked to set up a foundation in the early 1950s, their parents told them: “You people have been in America for too long.”

About the foundation

Founded in 1955 by Manu Chandaria OBE EBS and his brothers, with the support of his parent’s generation
Legal Status - Grant-making foundation
​Needs Addressed - Health and education
Geographic Focus - Kenya
Resources Given by Family/Firm - Financial
Sources of Financing - Endowment from the family business, made in 1956
​Ongoing Family Involvement - Manu Chandaria and descendents are on the board

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conclusion

The Foundation’s projects allows the Chandaria family to create a legacy not only of healthier and better educated Kenyans, but also to form a new generation of business leaders with the motivation and skills to meet societal challenges. Chancellor of two universities, and supporter of many others, at one institution, Manu, on behalf of the family, has been able to stipulate that students can only graduate if, during their three years of study, they spend three months undertaking community service. “When a student spends three months working in the slums of Nairobi,” he says, “then he begins to understand what life is all about.”

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