Dallas, January 10, 2018 – 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
|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.
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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.