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Portfolio > Mutual Funds

OppenheimerFunds Launches New Philanthropy Program

By Michael S. Fischer

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OppenheimerFunds has rolled out a new philanthropy program, The Right Way to Change Perspectives, in partnership with two organizations that share the company’s mission, beliefs and core values.

In a mid-December statement, OppenheimerFunds said The Right Way’s mission was to help change peoples’ perspectives and encourage them to roll up their sleeves to make a difference.

In its new endeavor, OppenheimerFunds is partnering with the National Museum of Mathematics (MoMath) and Cross-Cultural Solutions. “We aspire to bring the two organizations together to bring this new approach to math abroad in the future,” Bill Glavin, OppenheimerFunds chief executive, said in the statement.

“Through active experiences, these organizations tackle some of the most pressing global issues and are committed to changing peoples’ perspectives. We hope to provide people with experiences that change the way they see things— whether it’s math or social issues around the world—so that they are inspired to influence positive change in their own life or someone else’s.”

MoMath, which opened inNew York City on December 15, addresses the public decline in the number of students who are achieving in math and preparing for careers that rely on mathematics. The museum’s facility provides exhibits and programs that actively engage the public and are intended to make math more fun and less intimidating.

MoMath and OppenheimerFunds are teaming up on an exhibit called String Product, which combines a working staircase with an exhibit on a unique algebraic property of a parabola.  They will also send MoMath’s traveling exhibition, Math Midway, to Centennial,Colo. andRochester,N.Y., where OppenheimerFunds has offices.

Cross-Cultural Solutions addresses critical global issues by providing meaningful and sustainable volunteer service to communities abroad. In the inaugural year of its partnership with Cross-Cultural Solutions, OppenheimerFunds plans to send groups of employees throughout 2013 to different countries where Cross-Cultural Solutions has an established presence. Their volunteer projects will focus on improving education for children.

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