BOSTON, July 26, 2016 – OppenheimerFunds employees supported the local community during this week’s 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, etc. $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