Operation HOPE, Inc.

Operation HOPE, Inc

Formation	May 5, 1992
Legal status	Non-profit
Purpose	Financial literacy
Headquarters	Los Angeles, California
Region served	United States, South Africa
Founder, Chairman and Chief Executive Officer	John Hope Bryant
Website	https://www.operationhope.org

Operation HOPE, Inc. is an American non-profit organization providing financial literacy empowerment and economic education to youth and adults. The mission of this organization is providing everybody with enterprise work and the programs carried out by Operation HOPE, Inc. Andrew Young is the global spokesman of the organization and John Hope Bryant is the chairman.^[1]

Operation HOPE serves 4,000 inner city schools, 500 low-wealth communities, and conducts programs in South Africa, Saudi Arabia, Morocco, and the United Arab Emirates. Bryant has procured $2 billion in private investments to support the organization's mission.^{[2][3][4][5][6][7][8]}

History

Operation HOPE, Inc. was founded by John Hope Bryant on May 5, 1992, immediately following the 1992 Rodney King riots in Los Angeles, California. During the civil rights movement, Martin Luther King, Sr, co-pastored Ebenezer Baptist Church with his son Dr. Martin Luther King, Jr and served on the board of a bank for 40-years. Operation HOPE, Inc. seeks to teach others about financial literacy and fiscal responsibility just as Martin Luther King, Sr sought to instill these ideals in Dr. Martin Luther King, Jr. Operation HOPE, Inc. maintains the mission of both Martin Luther King, Sr and Dr. Martin Luther King, Jr to make free enterprise work for all by focusing on poverty eradication and economic justice.^{[9][10][11][12][13][14]}

Programs and services

Project 5117

Project 5117's aim is to help the economicly weaker section of the society. Project 5117 has an alliance with the U.S. Consumer Financial Protection Bureau (CFPB). Project 5117 stands for 5 million youth empowered, out of them turning 1 million into future entrepreneurs, opening 1,000 empowerment centers and attaining 700 credit score communities. ^[15][16]

Youth Empowerment Group

Youth Empowerment Group, also called Banking on Our Future, focuses on improving the dignity and economic self-sufficiency of people in under-served communities by providing them with financial literacy. ^[17]

HOPE Coalition America

HOPE Coalition America is a financial emergency preparedness and recovery service. It provides financial and economic assistance to those affected by natural disasters. It also provides pre-disaster preparedness planning.

HOPE Corps

HOPE Corps comprises Operation HOPE's network of volunteers. The volunteers promote financial self-sufficiency and empowerment in the areas where this kind of knowledge is most helpful.^[18][19]

Office of Small Business & Entrepreneurship

This wing of Operation HOPE promotes youth entrepreneurship by creating communities of economic opportunities. The program aims to increasing the number of increasing the number of young Americans involved in small business and entrepreneurship.^[20]

References