4 Tough Conditions Teacher Tabichi Must Meet to Receive Ksh100M
Kenyan teacher Peter Mokaya Tabichi who won Ksh100 million has four tough conditions that he must meet to receive his cash reward.
First, contrary to many people's belief that the 2019 Global Teacher Prize would receive the money in lump sum, the cash will be distributed over a 10-year time span.
The 36-year-old teacher will receive the reward from Varkey Foundation in Ksh10 million ($100,000) annual installments.
Besides, back home, Teacher will be expected to pay 15 percent tax to the government in accordance with the Finance Bill 2018 that applies to all types of winnings including lotteries, betting and prize competitions.
Secondly, Tabichi will be required to attend financial counseling sessions provided free-of-charge by the Varkey Foundation.
The financial counseling is expected to help the winner handle the new found wealth prudently for his benefit.
Lastly, Tabichi must continue to teach or provide educational support to students for a period of five years after the awarding of the Prize.
The support is offered to students between the ages of 5 and 18 and must be done in a school setting unless he or she retires from the profession.
Additionally, the teacher will be required to serve as Global Ambassador for Varkey Foundation for the next five years.
"Serving as Global Ambassador for VF shall include but not be limited to attending events, speaking to the media, undertaking training and other commitments outside of working hours, on weekends and/or on holidays. VF will pay for and arrange all travel and accommodation," the foundation noted.
Mr. Tabichi, a Mathematics and Physics teacher at Keriko Secondary School in Pwani Village, Nakuru, has been giving 80% of his teaching salary to local community projects, including education, sustainable agriculture and peace-building.
Varkey Foundation is a a family organization established to improve standards of education and raise the status and capacity of teachers throughout the world.
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