September 26 2013
Operation HOPE Founder John Hope Bryant Announces Commitments to Clinton Global Initiative Annual Meeting in New York
Pledges include latest programs in the financial dignity nonprofit’s suite of economic empowerment tools; program details to be shared at HOPE Summit in November
LOS ANGELES – September 25, 2013 – Operation HOPE (HOPE) Founder Chairman and CEO John Hope Bryant attended the Clinton Global Initiative Annual Meeting September 24 – 26, to announce HOPE’s program commitment to the global effort led by President Bill Clinton. The two new measures, America 2020 and HOPE Inside, will bring more sustainable financial empowerment to underserved communities.
“We are pleased to be able to integrate our goals to help fulfill a greater good, by rolling them into our commitment to the Clinton Global Initiative and beyond,” said Bryant. “Project 5117 is the ultimate playbook for success it integrates HOPE’s most powerful programs and services. We are confident that this approach will yield the best success.”
HOPE will channel its commitment goals through Phase I of Project 5117, using the innovative initiatives – America 2020 and HOPE Inside(s). HOPE’s commitment to CGI includes:
· empowering 160,000 youth nationwide;
· instituting 640 HOPE Business In A Box Academy(s) in underserved schools;
· creating 60 HOPE Inside locations in financial institutions across America,
· and improving average credit scores to 700 or better through financial dignity education & counseling
at HOPE Inside locations
Both HOPE Inside and America 2020 programs are part of a larger strategy to expand delivery of financial empowerment tools and resources to underserved communities under Project 5117. The project presents a measurement scale outlining tipping-point for success and tracks impact of HOPE programs and services. More details around the programs will be shared in coming weeks and during the HOPE Global Financial Dignity Summit (http://summit.operationhope.org/ ) in Atlanta, November 13 – 14.
Hosted by President Bill Clinton the 2013 Annual Meeting brought together CGI members to focus on the people and resources needed to drive effective action on global challenges. The theme, MOBILIZING FOR IMPACT, explored ways that CGI members and member organizations can be more effective in leveraging individuals, partner organizations, and key resources in their commitment efforts. Mobilizing the right entities—and allowing them to reach their full potential—creates lasting and scalable success. This builds on CGI’s 2012 theme, DESIGNING FOR IMPACT, which encouraged the design of purposeful commitments from the outset.
Since the earthquake in Haiti in 2010, Operation HOPE has joined Clinton’s efforts to solve world problems. As more partners support HOPE’s ability to deliver services to underserved communities into emerging communities, it impacts the lives of those throughout the country and helps HOPE’s “silver rights” movement continue to grow and evolve.
About Operation HOPE, Inc.
Operation HOPE (HOPE) is an international nonprofit organization dedicated to promoting financial literacy and dignity through various educational programs and initiatives. Since its founding in 1992, HOPE has served more than two million individuals and directed more than $1.5 billion in private capital to low-wealth communities. It maintains a growing army of 20,000 HOPE Corps volunteers, and currently serves more than 300 U.S. cities, as well as South Africa, Saudi Arabia, Morocco, and the United Arab Emirates. At the core of HOPE’s mission to eradicate poverty and empower people through financial literacy is a “silver rights” movement to ensure that free enterprise and capitalism work for the underserved.
About the Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of Bill, Hillary & Chelsea Clinton Foundation, convenes global leaders to create and implement innovative solutions to the world's most pressing challenges. CGI Annual Meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date CGI members have made more than 2,300 commitments, which are already improving the lives of more than 430 million people in over 180 countries. When fully funded and implemented, these commitments will be valued at $76.7 billion.
CGI also convenes CGI America, a meeting focused on collaborative solutions to economic recovery in the United States, and CGI University (CGI U), which brings together undergraduate and graduate students to address pressing challenges in their community or around the world, and, this year, CGI Latin America, which will bring together Latin American leaders to identify, harness, and strengthen ways to improve the livelihoods of people in Latin America and around the world. For more information, visit clintonglobalinitiative.org