16 June 2006
AMP Foundation builds social capital in the community
AMP Foundation provides $230,000 to community groups
The AMP Foundation has announced its commitment to supporting people in local communities nationwide through its 2006
programme, which will see grants of over $230,000 allocated to non-profit organisations. AMP Foundation grants will go
to four diverse community organisations that play an invaluable role in helping New Zealanders from all walks of life,
live life to the full. The recipients of the grants are the New Zealand Federation of Family Budgeting Services, the
YWCA Auckland Future Leaders Programme, Habitat for Humanity and Project K. AMP Financial Services Managing Director,
Greg Camm says,
We're really proud of our association with each of these organisations, particularly given their focus on working at the
grass roots level within local communities around the country. While we are delighted to have handed over cheques we
want our support to be much deeper than just funding. We will be looking for ways where we can share our business
expertise as well as provide our employees with an opportunity to get involved with the great work these organisations
do. .
Once we have our basic necessities like food, shelter and clothing met, a life truly lived to the full is about more
than just money. It.s about feeling connected to the community, sharing knowledge and experience, and striving as
individuals to reach our full potential. At AMP, we see the creation of financial security as underpinning and enabling
New Zealanders to achieve all of these things,. says Mr Camm. Working closely with the New Zealand Federation of Family
Budgeting Services, an umbrella organisation supporting over 140 affiliated community groups, the AMP Foundation will
help roll-out a financial literacy programme this year.
Federation Patron and CEO of the Consumers. Institute David Russell says, .The Federation is very appreciative of the
funding and support provided by the AMP Foundation.
Our work together will help make a real difference in the lives of New Zealand families wanting to develop budgeting
skills, to help prevent the stress that a debt crisis creates for many people today he says.
The YWCA Auckland Future Leaders Programme has been given a grant to help it continue to provide mentoring, skills
development and practical assistance to young woman with leadership potential. Patron of the programme, Dame Catherine
Tizard says .Our commitment is to open doors for young women with real potential, who otherwise might never have had the
opportunities for personal growth and career advancement, which the programme provides. The grant and ongoing
involvement from the AMP Foundation will be of tremendous benefit.
ENDS