April 18 2013
Operation HOPE Receives $200,000 Award from UPS to Help Empower Youth and to Provide Sandy Assistance
ATLANTA – April 18, 2013 – Financial dignity leader, Operation HOPE announced today that it has received a $200,000 grant from The UPS Foundation, the charitable arm of the UPS (NYSE:UPS) in support of Hurricane Sandy financial disaster recovery assistance and youth financial literacy programs Banking on Our Future (BOOF), Fellows Interns & Loaned Executives (FILE), and HOPE Businesses-in-A-Box (HBIAB).
"This $200,000 commitment by UPS Foundation builds from previous commitments to financial literacy and empowerment," said Latresa McLawhorn Ryan global vice president of strategic partnerships and development. “This funding will help provide us provide financial recovery assistance and guidance for small business and individuals affected by Hurricane Sandy, and continue our youth financial dignity programs.
Since its formation in 2001, the result of a partnership with the Department of Homeland Security and FEMA, HCA has helped more than 300,000 individuals and small business recovering from 33 disasters, including Hurricane Katrina, the 2004 Florida Hurricanes, tornados and flooding in southern and mid-western states and Hurricane Sandy.
Banking on Our Future, HOPE's youth financial literacy program provides nucleus for its suite of youth empowerment platforms. It is the winner of Oprah's Angel Network Use Your Life Award and the U.S. Treasury Department's John Sherman Award for Financial Literacy Excellence. Since 1996, more than 18,000 HOPE Corps volunteers have educated nearly 700,000 youth globally, including South African youth and women.
Established in 1951 and based in Atlanta, Georgia, the UPS Foundation identifies specific areas where its backing clearly impacts social issues. In support of this strategic approach, The UPS Foundation has identified the following focus areas for giving: non-profit effectiveness, economic and global literacy, encouraging diversity, community safety and environmental sustainability.
The UPS Foundation was established by UPS founder Jim Casey in 1951, and leads UPS's corporate citizenship efforts. It invests nearly $100 million each year and provides more than 1.4 million hours of UPS employee’s volunteer time into communities across the globe.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
About Operation HOPE
Founded in 1992, social empowerment nonprofit Operation HOPE's mission 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, and empowering more than 2 million individuals worldwide. HOPE seeks dignity and empowerment for all. Follow Operation HOPE at www.operationhope.org, www.twitter.com/operationhope, and www.facebook.com/operationhope.