June 02 2012
HOPE Highlighted at 38th Annual Convention of the National Conference of Black Mayors
Atlanta – Global financial dignity nonprofit, Operation HOPE (HOPE) and its Founder, Chairman and CEO John Hope Bryant were honored at the President’s Luncheon with the esteemed President’s Award during the 38th Annual Convention of the National Conference of Black Mayors (NCBM) on June 2, for outstanding impact on community and public policy work.
HOPE was acknowledged for its work to empower constituents in many of the cities headed by NCBM members, along with Bryant’s public policy work in Washington – brought to life by the NCBM – to create a network of local financial literacy councils throughout the US.
Convening May 30 – June 3, the event hosted by the Honorable Kasim Reed and the city of Atlanta, was themed Mayors Agents for Change: Thinking Global, Acting Local and gathered some 300 mayors and distinguished delegates from across the globe to forge collective approaches on national issues of mutual concern.
Also honored during the tribute were: The Honorable Doug Palmer (Trenton, NJ/USA) and His Excellency Prince Olagunsoye Oyinlola (Osun State/Nigeria). Others who have received this cherished honor in the past include: Congressman Bennie Thompson, Congressman Emanuel Cleaver, Reginald Weaver, and The Honorable Wellington Webb.
Bryant, who has worked closely with the NCBM in his role as Chair of the Subcommittee on the Underserved and Community Empowerment for the President's Advisory Council on Financial Capability, addressed the importance of financial dignity and empowerment in underserved neighborhoods.
Through the leadership of President Barack Obama and US Treasury Secretary Timothy Geithner, and the support of the President’s Advisory Council on Financial Capability (Council) members, Chair Ariel Capital Management Founder, Chairman & CEO John F.W. Rogers, and NFTE (Network for Teaching Entrepreneurship) President and Vice Chair CEO Amy Rosen, Bryant noted that his initiative to make financial literacy more accessible, had resulted in 102 Financial Literacy Councils being formed in cities across the America. Orchestrated through the NCBM, these councils will help empower low-and-moderate income citizens to have a better understanding of how to use their finances more effectively.
Founded in 1974, the National Conference of Black Mayors (NCBM) represents more than 650 African American Mayors across the United States, representing over 48 million citizens. It is a leader in the redevelopment of our most vulnerable communities and serves as a clearinghouse on information pertinent to municipal development and financing.
Bryant, who reports to President Barack Obama along with the Council Chairs, works to provide recommendations for promoting and enhancing financial literacy and capability among the American people. Through Operation HOPE, he has helped more than 2 million individuals understand the importance of financial dignity and the “language of money”.
This November, HOPE will launch its next Financial Dignity HOPE Center with the opening of the Martin Luther King, Sr. Community Resource Facility in Atlanta. In 2004, Operation HOPE established its super-regional corporate office on Peachtree Street in the city’s historic downtown area.