Lauren David, Development Coordinator, Ronald McDonald House; John McDonough, Head of Distribution, OppenheimerFunds; and Tony Teravainen, President and CEO, Support the Enlisted Project

SANDIEGO, Aug. 5, 2015 – Members of the OppenheimerFunds Distribution team took time to support the local community during this week’s Distribution Symposium in San Diego. Attendees assembled 75 wheelchairs for Support the Enlisted Project and stuffed 100 teddy bears for the local Ronald McDonald House, both based in San Diego. Both non-profit organizations also received a $10,000 grant.

Over the past five years, OppenheimerFunds employees attending the Symposium – a semi-annual conference among more than 300 members of the firm’s sales team – have supported several causes in cities across the United States.

“As a leading asset manager, our clients are based across the country, and it’s important for us to be involved in the communities where our advisors and investors live and work,” said John McDonough, Head of Distribution. “The volunteer opportunities offered during the Distribution Symposium provide a unique opportunity for us to make a different kind of connection within these communities.”

The organizations supported during this week’s event—Support the Enlisted Project (STEP) and the Ronald McDonald House Charities of San Diego—serve more than 2,000 military veterans and help more than 15,000 family members each year, respectively.

STEP provides active-duty and veteran families with financial counseling and financial grants through times of crisis, with the goal of achieving financial self-sufficiency. The Ronald McDonald house provides a home for the families of critically ill children so that parents can take care of their own basic needs while remaining within close proximity to their children.

“We’ve done this every year since 2011 and now our team looks forward to carving out some time for volunteering. They are energized by the opportunity to serve the communities of our advisors and end investors,” McDonough added.

OppenheimerFunds’ corporate Philanthropy & Community program has a variety of offerings year-round, including partnerships with the National Museum of Mathematics (MoMath) and Cross Cultural Solutions (CCS), as well as matching-gift and volunteer-time-off programs. To learn more, visit the firm’s Philanthropy & Community page.

OppenheimerFunds Distribution Symposium Volunteer History
DateLocationOrganizationActivityAmount 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 Ronald McDonald House and Support the Enlisted Project (STEP) Stuffed approximately 100 bears for children and assembled 75 wheelchairs for donation $10,000