Immediately after Dr. Martin Luther King, Jr. won the 1964 Nobel Peace Prize, plans for an interracial celebratory dinner in still-segregated Atlanta were not initially supported by the city's business elite.
It was the CEO of The
Within two hours of that meeting, every ticket to the dinner was sold.
To this day, The
Recognizing the need to refresh and reaffirm these values for successive generations, The
Operation HOPE believes that financial literacy is the new civil rights issue for a generation; we call it “Silver Rights.” Simply put, our mission is to empower underserved communities by promoting financial inclusion and financial literacy, leading to long-term financial dignity for all.
Women, girls and our youth represent a mostly untapped growth and aspirational engine for the nation. With support from
For the girls today, our message is simple—if you can’t get a job after college, then consider creating your own. With the support of Coca- Cola, Operation HOPE will be providing the necessary tools, including the HOPE Business In A Box Academies – a program for underserved students in grades 4 through 12, in economically-challenged local public schools. Through The
HOPE will present participants with 25 business ideas that they can start for $500 or less and then host two events each school year in their school auditorium (think "Shark Tank for Kids"), where young people pitch their idea in front of a panel of judges. For those that win, we fund the business up to $500, open a first-ever bank account for them, assign a business role model, and then watch all the endorphins engage on the right (creative and emotional) side of their brain, as they finally connect education with aspirations. The lights come on, and they never go off after that. Winners are also taught to open bank accounts, are assigned a business role model, and receive ongoing mentoring. Gallup and the Gallup-HOPE Index then measures what success looks like for each student and each school.
For adults, we will continue driving credit scores to 700 with our HOPE 700 Credit Score Communities, operating within our expanding network of HOPE Inside locations. As I continue to say, "Nothing changes your life more, than God or love, than moving your credit score 120 points!" And this is precisely what we are doing for clients inside of our HOPE Inside locations, which operate inside bank branches, police departments, community colleges, hotels, grocery stores, and a range of other high traffic locals. When we do this, something else happens over time. Check cashers, payday lenders and rent to own stores turn into credit unions and banks, liquor stores become convenience stores, and so on, until we’ve turned an underserved market into an emerging market.
Since 1992, Operation HOPE has empowered more than 2.6 million individuals worldwide. Through our work, we aim to turn check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners and minimum wage workers into living wage consumers.
With a big, bold, audacious and inclusive dream, and a powerful collaboration like this one between Operation HOPE and the
But this is nothing new for The