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OppenheimerFunds Supports Boston Community During Distribution Symposium

Submitted by: OppenheimerFunds

Categories: Philanthropy & Corporate Contributions, Community Development

Posted: Aug 23, 2016 – 11:00 AM EST

 

BOSTON, Aug. 23 /CSRwire/ - 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.

For more information, please contact:

Phone: 212.323.0729

For more from this organization:

OppenheimerFunds

 

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