The AMP Foundation is one of Australia’s largest, independently funded corporate foundations. Since its inception in 1992, it has invested more than $110 million into the Australian community to help organisations and individuals bring about positive change.
We bring our purpose of Helping people create their tomorrow to life through thoughtful investment of our corpus in sustainable diversified funds with the community in mind. We also allocate 10% of our capital to impact investing, which includes social benefit financial instruments that achieve both a commercial return, as well as demonstrated social or environmental outcomes.
We help AMP employees and aligned financial advisers help their community by dollar matching their fundraising and payroll giving; and donating to the charities they volunteer with.
The AMP Foundation also helps people create their tomorrow through our Tomorrow Makers program which has moved from only donating and granting also supporting individuals who wish to create social enterprises that positively impact their communities. Our support is financial as well as coaching and mentoring through all aspects of social enterprise establishment. We support these social entrepreneurs from the early idea proofing stage; through the establishment phase and in future years will support the early operating years to ensure sustainability of the positive impact they will achieve in our communities.
We are refreshing our approach to philanthropy and the sector generally which we hope to communicate early in 2024. We are proud of the outcomes achieved by the organisation we have supported over the years:
- Good Shepherd Australia New Zealand is a financial inclusion leader that, through an AMP Foundation funded program, provides expert support to AMP clients facing financial hardship.
- Cancer Council. The AMP Foundation has been funding the Cancer Council Pro Bono Program since 2010. This national initiative enables financial advisers to provide free advice to people affected by cancer who could not otherwise afford it.
- Tender Funerals Australia, helps communities create local social enterprises that deliver affordable and meaningful funerals to people who often become indebted for many years after the death of a loved one.
- Variety Queensland supports children who are ill, disadvantaged or living with disability. It is piloting a financial counselling service for the families of these children.
- Wesley Mission provides a range of community services, including financial counselling. The AMP Foundation is funding its financial counselling intern service to increase the number of financial counsellors in Australia.
- The Funding Network, supporting grassroots charities through live crowdfunding events.
And we are excited to see the impact our 2023, 30th anniversary $1M grant recipients achieve in the coming years:
- Global Sisters helps disadvantaged women create and run successful businesses.
- First Australians Capital is a national Indigenous-led organisation that builds investment readiness and designs the right capital solutions for Indigenous businesses to thrive.
Our new website will be up and running in 2024 until then if you would like more information, please reach out to us on:
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AMP Foundation Limited (as trustee for AMP Foundation Trust)
ABN 64 153 084 728
GPO Box 4134, Sydney 2001