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OppFunds Pushes For MoMath

OppenheimerFunds is ringing in the holiday season in a geeky but philanthropic way.

The firm this week unveiled its new philanthropy program: The Right Way to Change Perspectives (The Right Way) whereby it will partner with the National Museum of Mathematics (MoMath) and Cross-Cultural Solutions to address education and social issues.

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

For OppenheimerFunds’ part, the firm is teaming up with the museum on an exhibit dubbed String Product, which combines a working staircase with an exhibit on a unique algebraic property of a parabola. MoMath and OppenheimerFunds are also teaming up to send MoMath's traveling exhibition, Math Midway, to Centennial, CO and, Rochester, NY, where OppenheimerFunds has offices.

On the international front, OppenheimerFunds plans to send groups of employees throughout 2013 to different countries where Cross-Cultural Solutions has an established presence to focus on improving education for children.

"We are thrilled to partner with MoMath and Cross-Cultural Solutions to help solve real, fundamental issues that are important for our country and our company, and we aspire to bring the two organizations together to bring this new approach to math abroad in the future," stated Bill Glavin, chief executive officer, OppenheimerFunds.