Owen Glenn Committed to New Zealand

5 September 2011 – Kiwi entrepreneur and philanthropist, Owen Glenn, announced recently on TV3’s The Nation that he will commit NZ$100 million to the youth of New Zealand. Mr Glenn told Radio Live’s Paul Henry his commitment to this country is not contingent on National and ACT winning the election.

“My commitment to this country is not politically motivated, so regardless of who governs New Zealand after November’s election, once my business is sold, which I anticipate will be during October, I will look to announce more on my plans.”

Mr Glenn says he was not trying to influence the outcome of the election through the announcement.

“I happen to believe that currently a Government involving both National and ACT is best situated to move New Zealand forward and to leverage the opportunity I intend to create through this donation. That's my personal opinion. We live in a democracy and people should vote for the party they feel will help New Zealand the most.”

A press conference will be held in October when Mr Glenn will announce more details about his donation and the areas in which it will be spent.

“I am working on the finer details but it is important people know that my foundation, The Glenn Family Foundation, is not calling for applications as to how this money could be spent.”

ENDS

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