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AMP Foundation provides $230,000 to community

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

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