AMP Foundation's $1 million Charity Boost
2 February 2004 at 12:02 pm
Australian charities will receive a boost this year with a $1 million budget for AMP Foundation’s Community Fundraising Program.
The Community Fundraising Program gives AMP Financial Planners the opportunity to fundraise for local charities with AMP Foundation dollar matching the fundraising
up to $10,000 per event.
Ms Lynn McClelland, Head of AMP Foundation, says the success of the program has led to a budget increase from $400,000 when the program was launched in 2002 to
the $1 million for 2004.
McClelland says since the launch of the program in 2002, AMP Financial Planners have raised over $3.5 million by organising golf days, trivia nights, car rallies, movie nights and other fundraising events to help charities such as local hospitals, surf life saving clubs, Variety Club of Australia and CanTEEN to name just a few.
She says that to support their planners’ fundraising efforts, AMP Foundation has contributed an additional $1.1 million through the program.
In 2003, AMP Financial Planners held 72 Community Fundraising Program events around Australia.
The Community Fundraising Program is fully funded by AMP Foundation. The program was established to help the community work of AMP Financial Planners.
AMP Financial Planners have been involved in their local communities since AMP was established.
AMP’s first agent, as they were known in the 1850’s, Benjamin Short, was one of the founders of the Sydney City Mission.