OppenheimerFunds and National Museum of Mathematics
Launch Infinite Potential Math Literacy Program
NEW YORK, Oct. 2, 2014 — OppenheimerFunds, a leading investment management company, and the National Museum of Mathematics (MoMath) in New York City today announced the launch of Infinite Potential, an initiative to promote mathematical literacy and affinity among America’s youth.
Following successful pilots in Rochester and Denver, OppenheimerFunds will formally kick off the program with two adopt-a-classroom events hosted at MoMath on Oct. 2 and 10. OppenheimerFunds will give over 300 first and second graders from Title I elementary schools in New York City the opportunity to visit the museum for a day of hands-on activities and learning.
Thirty-five employee volunteers will guide the students as they explore MoMath’s interactive exhibits. OppenheimerFunds President and CEO Arthur P. Steinmetz will give opening remarks during the Oct. 10 event.
“As the leader of an investment management firm, I am passionate about advancing mathematical literacy in this country,” said Steinmetz. “The United States currently ranks 25th in mathematics among industrialized nations. Only 16 percent of high school seniors are prepared for and interested in a career that relies on math. It is important to engage students at this age to get them excited about math.”
OppenheimerFunds has partnered with MoMath since its opening in 2012 to help make math more fun and less intimidating for young people.
“We are excited to continue our work with OppenheimerFunds and look forward to bringing the love of mathematics to an even broader audience. We hope MoMath’s interactive and entertaining exhibits will spark students’ curiosity and keep them interested in mathematics for life,” said Glen Whitney, MoMath co-founder and co-executive director.
Steinmetz is a member of MoMath’s board of trustees. Under his leadership, OppenheimerFunds and MoMath will expand the Infinite Potential program to other U.S. cities.
# # #
About OppenheimerFunds, Inc.
OppenheimerFunds, Inc. (OFI) is one of the largest and most reputable investment management firms in the country. Since the original Oppenheimer fund was first offered to the public in 1959, OFI has demonstrated it is a high conviction asset manager with a history of providing innovative investment strategies to its investors. OFI and its subsidiaries offer a broad array of products and services to individuals, institutional investors and corporations worldwide. OFI provides advisory services to the Oppenheimer mutual funds, and OFI Global Asset Management provides services to institutional clients. OFI, including its subsidiaries, managed more than $251.4 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of August 31, 2014.
About the National Museum of Mathematics
The National Museum of Mathematics (MoMath) strives to enhance public understanding and perception of mathematics in daily life. The only math museum in North America, MoMath fulfills an incredible demand for hands-on math programming, creating a space where those who are math-challenged – as well as math enthusiasts of all backgrounds and levels of understanding – can revel in their own personal realm of the infinite world of mathematics through more than 30 state-of-the-art interactive exhibits. MoMath was awarded the bronze 2013 MUSE Award for Education and Outreach by the American Alliance of Museums. MoMath is located at 11 E. 26th on the north side of popular Madison Square Park in Manhattan. The Museum is open seven days a week from 10 a.m.-5 p.m. For more information, visit momath.org.
Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.
Before investing in any of the Oppenheimer funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.525.7048. Read prospectuses and summary prospectuses carefully before investing.
Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY, 10281
© 2014 OppenheimerFunds Distributor, Inc. All Rights Reserved.
# # #
Brittnie Mabry, email@example.com, 646.490.6446
Meredith Richard, firstname.lastname@example.org, 212.323.4275