May 28, 2017

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OppenheimerFunds Supports the Boys & Girls Clubs of Metro Atlanta

Distribution team assembles and donates 300 College Bound Care packages at annual Distribution Symposium

Submitted by: OppenheimerFunds

Categories: Volunteerism, Community Development

Posted: Jan 11, 2017 – 11:00 AM EST

 

ATLANTA, Jan. 11 /CSRwire/ - OppenheimerFunds employees supported the local community during this week’s Distribution Symposium in Atlanta. In coordination with the Boys & Girls Clubs of Metro Atlanta, conference attendees assembled and donated 300 College Bound Care packages that will include school supplies and dorm room items for Club member teens who are preparing for their freshman year in college, as well as small items from the National Museum of Mathematics. The firm also provided a $10,000 grant to the organization. 

Over the past six 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 Distribution team.  

“We strive 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 and Marketing at OppenheimerFunds. “We are excited to partner with the Boys & Girls Clubs of Metro Atlanta to further strengthen our team while building a meaningful connection with the local community, through tomorrow’s leaders.”

College Bound is an educational leadership program designed to support high school members through the college preparation and application process. Each participant is assigned a Boys & Girls Club staff member who serves as their personal case manager throughout their college years. Staff helps teens meet the requirements for college admissions, prepare for SAT and ACT tests, prepare for the transition from high school to college, and access scholarships and funding.

“Many of the youth we serve face barriers when it comes to academic achievement. They don’t have access to the resources and relationships they need to excel,” said Missy Dugan, President & CEO of Boys & Girls Clubs of Metro Atlanta. “We are so grateful to partners like OppenheimerFunds who believe in our kids and invest in their future potential. We know with the right resources and support, these kids and teens will become the next leaders in our community.”

OppenheimerFunds’ broader philanthropic initiatives include its 10,000 Kids by 2020 program, which aims to engage 10,000 students in math literacy programs over the next several years through non-profit partnerships and active employee volunteerism. In coordination with the National Museum of Math, 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 & Girls Club in a variety of ways, including to provide engaging math experiences for students. Employees volunteer abroad as well through the firm’s partnership with Cross-Cultural Solutions, which provides impactful and sustainable service opportunities and skills based volunteer programs 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, up to $5,000. To learn more, visit the firm’s Philanthropy & Community page here.

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


 

About Boys & Girls Clubs of Metro Atlanta

Boys & Girls Clubs of Metro Atlanta’s mission is to save and change the lives of children and teens, especially those who need us most, by providing a safe, positive, and engaging environment and programs that prepare and inspire them to achieve Great Futures. Through 25 Clubs in 10 metro counties, trained and professional staff serve more than 3,300 youth (ages 6-18) daily through programs that foster academic success, healthy lifestyles and character and leadership development. BGCMA also oversees Camp Kiwanis, a 160-acre outdoor residence camp. While the cost to effectively serve those who need us most is more than $5,700 per member, BGCMA asks families to pay only a $50 annual membership fee and no child is turned away due to inability to pay. For more information, please visit www.bgcma.org.

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 $217 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of December 31, 2016.

Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 15 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. For more information, 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.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY, 10281

© 2017 OppenheimerFunds Distributor, Inc. All rights reserved.

For more information, please contact:

Natalie Marin VP, Public Relations
Phone: 212 323 4352

For more from this organization:

OppenheimerFunds

 

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