OppenheimerFunds employees supported the local community during its recent Distribution Symposium in Boston. Conference attendees assembled 30 toddler beds, 100 blankets, and 100 superhero capes for children in Boston Cares’ partner programs. The firm also provided a $10,000 grant to the organization.
Over the past five years, OppenheimerFunds employees have supported local philanthropic groups in cities across the United States during the symposium, a semi-annual conference for more than 250 members of the firm’s sales team.
“We want to make a difference in the communities where our advisors and investors live and work by collaborating with local philanthropic groups as part of our Distribution Symposium,” said John McDonough, Head of Distribution at OppenheimerFunds. “We are excited to partner with Boston Cares to strengthen our team while building a meaningful connection with the local community.”
Boston Cares helps children who are transitioning out of shelters and into homes or whose families are unable to afford basic furnishings. The organization mobilizes more than 25,000 volunteers annually in support of Greater Boston schools and nonprofit agencies. Boston Cares is a member of the HandsOn Network, an alliance of volunteer organizations working to transform individuals and communities through service and civic engagement, with affiliates in 250 U.S. and international locations.
“OppenheimerFunds’ focus on empowering young people creates a natural alignment with Boston Cares,” said Kacey Sanfilippo, Associate Director at Boston Cares. “Both Boston Cares and OppenheimerFunds aim to provide programs and resources to help students reach their potential.”
OppenheimerFunds’ corporate philanthropy includes a partnership with The National Museum of Mathematics (MoMath), which provides exhibits and programs that engage students to make math more fun and less intimidating and prepare them for careers that rely on it. The firm sponsors classes from Title I schools to experience MoMath’s hands-on activities, and employees volunteer as guides. The firm also works with the Boys and Girls Club to provide engaging math experiences for students. Employees volunteer abroad as well through the firm’s partnership with Cross-Cultural Solutions, which provides meaningful and sustainable service opportunities in locations around the world. OppenheimerFunds employees also make a difference through the Volunteer Time-Off Program, through which they spend one workday per year volunteering with a philanthropic organization of their choice, and the Matching Gifts Program, which doubles the impact of any donation an employee makes to a qualified organization. To learn more, visit the firm’s Philanthropy & Community page.
OppenheimerFunds Distribution Symposium Volunteer History
Date
Location
Organization
Activity
Amount Donated
January 2011
Dallas, TX
Dallas Children’s Hospital
Created murals for hospital walls
$10,000
August 2011
Chicago, IL
Chicago Cares to benefit Woodson South Elementary School
Fixed up the local school
$10,000
January 2012
Fort Worth, TX
USO Dallas
Assembled and donated backpacks for troops
$10,000
August 2012
Salt Lake City, UT
Boys & Girls Club of Greater Salt Lake
Built and donated bicycles
$10,000
January 2013
New York, NY
Breezy Point Relief Fund
Assembled and donated care packages
$10,000
August 2013
Laguna Nigel, CA
Las Palmas Elementary School
Fixed up the local school
$10,000
January 2014
Dallas, TX
Flood victims
Provided various types of assistance
$10,000
August 2014
Washington, DC
Boys Town
Fixed up the campus, organized donated items, created backpacks, fixed kitchens to facilitate cooking
$10,000
January 2015
Atlanta, GA
USO Council of Georgia
Assembled and donated care packages for troops
$10,000
August 2015
San Diego, CA
Support the Enlisted Project (STEP)
Assembled 75 wheelchairs for donation
$10,000
August 2015
San Diego, CA
Ronald McDonald House
Stuffed approximately 100 bears for children
$10,000
January 2016
Atlanta, GA
Hands On Atlanta
Assembled 600 snack packs and hygiene essential kits
$10,000
July 2016
Boston, MA
Boston Cares
Assembled 30 toddler beds, 100 blankets, and 100 superhero capes
$10,000
About OppenheimerFunds
OppenheimerFunds, a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $217 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of June 30, 2016.
Founded in 1959, OppenheimerFunds is a high conviction asset manager with a history of providing active, innovative investment strategies to its investors. The firm’s 14 distinct, collaborative investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor-weighted-ETF strategies. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors serving individual investors. OppenheimerFunds provides advisory services to the Oppenheimer mutual funds, and OFI Global Asset Management offers solutions to institutions. For more information, visit oppenheimerfunds.com.
