SAN DIEGO, August 3, 2017 –  OFI Global, an OppenheimerFunds company, 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, OFI Global 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 OFI Global. 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.”

OFI Global Supports San Diego Nonprofits

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.

OFI Global Supports San Diego Nonprofits
“We are grateful to partner with OFI Global 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.

“OFI Global 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.

OFI Global Distribution Symposium Volunteer Highlights

DateLocationOrganizationActivityAmount Donated
January 2011Dallas, TXDallas Children’s HospitalCreated murals for hospital walls$10,000
August 2011Chicago, ILChicago Cares to benefit Woodson South Elementary SchoolRefurbished local school facilities$10,000
January 2012Fort Worth, TXUSO DallasAssembled and donated backpacks for troops$10,000
August 2012Salt Lake City, UTBoys & Girls Club of Greater Salt LakeBuilt and donated bicycles$10,000
January 2013New York, NYBreezy Point Relief FundAssembled and donated care packages$10,000
August 2013Laguna Nigel, CALas Palmas Elementary SchoolRefurbished local school facilities$10,000
January 2014Dallas, TXFlood victimsProvided various types of assistance$10,000
August 2014Washington, DCBoys TownMade campus improvements, organized donated items, created backpacks, repaired kitchen facilities$10,000
January 2015Atlanta, GAUSO Council of GeorgiaGathered and donated care packages for troops$10,000
August 2015San Diego, CASupport the Enlisted Project (STEP)Built 75 wheelchairs for donation$10,000
August 2015San Diego, CARonald McDonald HouseStuffed ~100 teddy bears for children$10,000
January 2016Atlanta, GAHands On AtlantaAssembled 600 snack packs and hygiene essential kits$10,000
July 2016Boston, MABoston CaresConstructed 30 toddler beds and packed 100 blankets and 100 superhero capes$10,000
January 2017Atlanta, GABoys & Girls Clubs of Metro AtlantaAssembled and donated 300 College Bound Care packages$10,000
August 2017San Diego, CAOperation Homefront Created 400 baby care packages for local military families$10,000
August 2017San Diego, CABoys & Girls Clubs of Greater San DiegoHelped 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

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.