July 21, 2018

CSRWire.com The Corporate Social Responsibility Newswire

news by category

CSR News

OppenheimerFunds Supports Dallas Community During Distribution Symposium

Attendees volunteer with Boys & Girls Clubs of Greater Dallas and Trusted World

Submitted by: OppenheimerFunds

Categories: Philanthropy & Corporate Contributions, Volunteerism

Posted: Jan 10, 2018 – 01:30 PM EST

 

DALLAS, Jan. 10 /CSRwire/ - OppenheimerFunds employees supported the local community in Dallas this week during the firm’s Distribution Symposium, a semi-annual conference for more than 250 members of the firm’s Distribution team. Attendees helped with hurricane relief and math literacy efforts by volunteering with Trusted World and Boys & Girls Clubs of Greater Dallas. OppenheimerFunds also provided both organizations with a $10,000 grant.

“For the past seven years, our employees have rolled up their sleeves to help support the cities that host our Distribution team conferences,” said John McDonough, Head of Distribution and Marketing at OppenheimerFunds. “This year, we are proud to partner with Trusted World and Boys & Girls Clubs of Greater Dallas to help advance the positive contributions they make in these local communities and beyond.”

Trusted World is a global non-profit organization that provides free resources to both local and national organizations serving individuals and families in need. Attendees assisted in packing 4,000 meal kits that will be distributed to families recovering from recent natural disasters. In addition, the firm donated 16,000 meal kits to the organization.

“We are pleased to partner with OppenheimerFunds to help those affected by recent hurricanes,” said Michael Garrett, CEO for Trusted World. “Each package assembled during the firm’s Distribution Symposium can help families by providing them with six nutritionally complete meals."

Attendees also supported Boys & Girls Clubs of Greater Dallas by assembling 60 Robotics IQ Kits for use in their Science, Technology, Engineering and Mathematics program. In addition, the firm donated 115 Robotics IQ Kits to the organization.

“Math literacy is a crucial skill for our Club members to develop throughout their education,” said Charles English, President & CEO of Boys & Girls Clubs of Greater Dallas. “The school supplies and robotics kits donated by OppenheimerFunds will help our clubs achieve this goal.”

To further support math literacy, OppenheimerFunds also partnered with WorldVision to host a SchoolTools event where conference attendees filled 200 backpacks with school supplies and personalized notes. The backpacks were donated to Boys & Girls Clubs of Greater Dallas.

The firm’s corporate philanthropy and community initiatives include its 10,000 Kids by 2020 program, which aims to introduce 10,000 students to math literacy programs over the next few years through nonprofit partnerships and active employee volunteerism. The firm works closely with organizations including the National Museum of Mathematics, Boys & Girls Club, MATHSWORLDUK and Cross-Cultural Solutions, which provides impactful and sustainable service opportunities and skills based volunteer programs.

OppenheimerFunds is one of the world’s leading global asset managers, with nearly 2,000 employees and more than 170 investment professionals in offices including New York, Dallas, Denver, London, Rochester and Seattle. In 2012, OppenheimerFunds established its Dallas location through its acquisition of SteelPath, an innovator in developing midstream energy investment products as one of the first firms to market with MLP-focused open-end mutual funds.

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

January 2018

Dallas, TX

Trusted World

Attendees packed and donated 20,000 meal kits to be distributed to families recovering from recent natural disasters.

$10,000

January 2018

Dallas, TX

Boys & Girls Clubs of Greater Dallas

Assembled and donated 175 Robotics IQ Kits for the organization’s STEM program.

 

$10,000

 

 #  #  #

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 $249 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of December 29, 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 factor and revenue-weighted-ETF strategies, including ESG offerings, and is a signatory of the UN PRI. 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.

Web:  oppenheimerfunds.com
Tweets:  twitter.com/OppFunds
Podcasts:  oppenheimerfunds.com/advisors/podcasts

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

© 2018 OppenheimerFunds Distributor, Inc. All rights reserved.

For more information, please contact:

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

For more from this organization:

OppenheimerFunds

 

Issuers of news releases and not csrwire are solely responsible for the accuracy of the content