Simplicity to support 25 Dreamers for two years - I Have A Dream Charitable Trust | New Zealand

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Simplicity to support 25 Dreamers

Simplicity, New Zealand’s fastest growing (and lowest cost) KiwiSaver provider, has committed to support 25 of our Dreamers for two years. This wonderful donation of $50,000 will help I Have a Dream to continue empowering children to achieve education and life success from a young age.

The Simplicity management team are aware how profitable the funds management sector is, and so from the company’s inception, the team decided to build into its operating model, a facility whereby they could allocate 15% of investment fees to the Simplicity Charitable Trust, which owns Simplicity. The Simplicity Charitable Trust focuses its support across a number of causes including disadvantaged youth, environmental, homelessness and financial literacy.

Simplicity’s Managing Director, Sam Stubbs, was made aware of the I Have a Dream kaupapa, and thought it may be a good fit with Simplicity’s desire to support disadvantaged youth in New Zealand. Like all other interested charities, a funding application was submitted by I Have a Dream and thankfully, the board decided that the I Have a Dream cause was worthy of funding.

“Our members wanted to make children in need a priority for where our donations went. We’ve done just that by supporting I Have a Dream and we’re excited to see where the next two years takes these children,” said Sam.

Sam Stubbs, Simplicity Managing Director
Simplicity's Daniel Relf, volunteering at City Mission

Simplicity is the only non-profit Kiwisaver scheme in New Zealand; it is a low-cost online model allowing members to save significantly on fees. Simplicity’s 22,000+ members are already saving more than $7.5million per annum in fees (when compared to other KiwiSaver schemes) and so far the Simplicity Charitable Trust has received $360,000 for charity. Join the Simplicity Kiwisaver scheme and give back to your community. Go to www.simplicity.kiwi to find out more. By joining Simplicity, you could save an extra $65,000 in fees over a lifetime of investing and help charities too.

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