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August 03 2011

United Way of Metropolitan Atlanta Makes $75,000 Commitment to HOPE Financial Literacy Empowerment Center at Ebenezer

Announcement made during White House urban forum focused on job creation and economic success in Atlanta
 

ATLANTA, GA — August 3, 2011 –The United Way of Metropolitan Atlanta will commit $75,000 to the HOPE Financial Literacy Empowerment Center at Ebenezer to help foster a new generation of urban entrepreneurs in the city and greater region, announced Operation HOPE Founder, Chairman and CEO John Hope Bryant on July 29, 2011 during an Urban Entrepreneurship Forum organized by the White House in Atlanta.

The contribution will support the new HOPE Financial Literacy Empowerment Center in Atlanta (HOPE Center, Atlanta), currently under construction at the Martin Luther King, Sr. Community Resource Complex at the historic Ebenezer Baptist Church. The award will also help sustain center counselors, mentors, staffing, and resources for minority entrepreneurs.

The new HOPE Center at Ebenezer is the embodiment of a five-year national Joint Framework Agreement signed between HOPE and the Financial Services Roundtable. In April, Operation HOPE established the HOPE Express Office in Atlanta to build traffic for the coming center at Ebenezer. Offering foreclosure prevention, counseling, loan modification, to date, the office has serviced nearly 300 individuals and funded nearly $10 million in loans.

Roundtable members who have partnered with HOPE in support of the coming center include: LPL Financial Services, SunTrust, Wells Fargo, MasterCard, and State Farm Insurance. Additional support comes from Coca-Cola, the EDA, and now United Way of Metropolitan Atlanta. 

“We are pleased and proud to partner with the United Way of Metropolitan in order to create sustainable change,” Bryant said. “This commitment will help young business developers build their dreams into empires and convert small business dreamers into small business owners. It is all a part of HOPE’s ‘silver rights’ mission to empower communities.”

“United Way improves lives by mobilizing the caring power of communities all around metro Atlanta and supporting this cause strengthens our belief that together we can make a difference,” said Milton J. Little, Jr. “Our partnership with Operation HOPE will go a long way in helping those in need become financially fit, and we are proud to be a part of this stellar program.”

In an effort to support President Obama’s vision to boost job growth, Mayor Kasim Reed’s Office and White House Office of Public Engagement Associate Director Michael Blake, hosted the Atlanta Urban Entrepreneurship Forum focused on encouraging job growth and fostering economic success for local entrepreneurs. 

Through this initiative, the inaugural Urban Entrepreneurship Summit was held at Rutgers Business School on June 4, 2011 with Mayor Cory Booker as the host. The success of the first event sparked a nationwide series of White House Urban Forums. The Atlanta event marks the third Urban Entrepreneurship Forum held by the White House and local leaders. Additional forums are planned for Orlando (Aug. 3); Philadelphia (Aug. 8); and Oakland (Aug. 11).

About United Way of Metropolitan Atlanta

United Way of Metropolitan Atlanta engages all segments of our community to drive sustainable change in education, income, health and homelessness while continuing to address urgent and basic human care. United Way of Metropolitan Atlanta seeks to maximize our external and internal contributions by valuing, utilizing and recognizing everyone's unique potential in order to more fully achieve the goal of building a safer and stronger community.

About Operation HOPE

Founded in 1992, social empowerment nonprofit Operation HOPE'smission is to expand economic opportunity in under-resourced communities through financial literacy education. HOPE promotes "silver rights" - making free enterprise and capitalism relevant and effective for the underserved. Raising more than $500 million and directing and restructuring nearly $500 million more in mortgages and economic support from the private sector, for a total of approximately $1 billion dollars in economic activity, HOPE seeks dignity and empowerment for all. Follow Operation HOPE on Facebook, Twitter and on our blog.