OppenheimerFunds employees supported the local community this week during its Distribution team conference in San Diego. Event attendees assembled 400 baby care packages for local military families and participated in a Science, Technology, Engineering and Mathematics (STEM) activity by helping build 20 model solar cars with children from Boys & Girls Clubs of Greater San Diego, and donating 100 solar car kits to the program. The firm also provided a $10,000 grant to both organizations.
Over the past six years, OppenheimerFunds employees have supported local nonprofits in cities across the United States during the symposium, a semi-annual conference for more than 250 members of the firm’s Distribution team.
“Getting involved with nonprofit organizations in the communities where our clients live and work is important to our firm and a key part of our Distribution Symposium,” said John McDonough, Head of Distribution and Marketing at OppenheimerFunds. Our employees look forward to it, and are proud to partner with groups including Operation Homefront and the Boys & Girls Clubs of Greater San Diego to help advance the positive impact they are making across the community.”
Operation Homefront is a national nonprofit whose mission is to build strong, stable, and secure military families so they can thrive in the communities they have worked so hard to protect. Distribution Symposium volunteers worked with Operation Homefront and their Star Spangled Babies program to create baby care packages that will be provided to local new and expecting military families.
“We are grateful to partner with OppenheimerFunds to help give back to military families in the San Diego area,” said Jack Chirrick, Senior Director at Operation Homefront. “The baby care packages assembled during the firm’s Distribution Symposium are much appreciated by service members and their families.”
The Boys & Girls Clubs of Greater San Diego’s STEM program engages youth ages 5-18 in a variety of hands-on activities centered on STEM, serving as a support for school-based STEM programs while helping ignite interest and increased aptitude in these subjects. Volunteers built model solar cars with Boys & Girls Club members, helping them better understand the fundamentals of STEM and inspire them to become more involved in STEM activities.
“OppenheimerFunds shares our passion for math literacy and is making valuable contributions to helping introduce kids to a skillset that is crucial in tomorrow’s economy,” said Tesha Young, Director of Corporate Partnerships for Boys & Girls Clubs of Greater San Diego.
The firm’s corporate philanthropy initiatives include its 10,000 Kids by 2020 program, which aims to introduce 10,000 students to math literacy programs over the next several years through nonprofit partnerships and active employee volunteerism. The firm works closely with organizations including the National Museum of Mathematics, the Boys & Girls Club, MATHSWORLDUK and Cross-Cultural Solutions, which provides impactful and sustainable service opportunities and skills based volunteer programs.
OppenheimerFunds Distribution Symposium Volunteer Highlights
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
Refurbished local school facilities
$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
Refurbished local school facilities
$10,000
January 2014
Dallas, TX
Flood victims
Provided various types of assistance
$10,000
August 2014
Washington, DC
Boys Town
Made campus improvements, organized donated items, created backpacks, repaired kitchen facilities
$10,000
January 2015
Atlanta, GA
USO Council of Georgia
Gathered and donated care packages for troops
$10,000
August 2015
San Diego, CA
Support the Enlisted Project (STEP)
Built 75 wheelchairs for donation
$10,000
August 2015
San Diego, CA
Ronald McDonald House
Stuffed ~100 teddy 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
Constructed 30 toddler beds and packed 100 blankets and 100 superhero capes
$10,000
January 2017
Atlanta, GA
Boys & Girls Clubs of Metro Atlanta
Assembled and donated 300 College Bound Care packages
$10,000
August 2017
San Diego, CA
Operation Homefront
Created 400 baby care packages for local military families
$10,000
August 2017
San Diego, CA
Boys & Girls Clubs of Greater San Diego
Helped build 20 model solar cars with children from Boys & Girls Clubs of Greater San Diego and donated 100 model solar car kits to the organization’s STEM program
$10,000
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About OppenheimerFunds
OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $242 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of July 31, 2017.
Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and revenue-weighted-ETF strategies, including ESG. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs. For more information on the firm, visit oppenheimerfunds.com.
Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.
Before investing in any of the Oppenheimer funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.
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Image Captions:
1. John McDonough, Head of Distribution and Marketing at OppenheimerFunds, helps build solar cars with children from Boys & Girls Clubs of Greater San Diego.
2. OppenheimerFunds conference attendees helped assemble 400 baby care packages for local military families and build 20 model solar cars with children from Boys & Girls Clubs of Greater San Diego.
3. OppenheimerFunds conference attendees participated in an Operation Homefront volunteering event to help assemble baby care packages for local military families.
