August 21, 2017

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OppenheimerFunds Supports San Diego Community During Distribution Symposium

Attendees volunteered with Operation Homefront and Boys & Girls Clubs of Greater San Diego

Submitted by: OppenheimerFunds

Categories: Philanthropy & Corporate Contributions, Community Development

Posted: Aug 03, 2017 – 02:25 PM EST

 

SAN DIEGO, Aug. 03 /CSRwire/ - 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.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc. 

225 Liberty Street, New York, NY 10281-1008

© 2017 OppenheimerFunds Distributor, Inc. All rights reserved.

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.

For more information, please contact:

Paul Lussier Public Affairs Manager
Phone: 212-323-4091

For more from this organization:

OppenheimerFunds

 

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