June 26 2014
Operation HOPE Reports 1,000 Commitments Collected for Project 5117
John Hope Bryant engages leaders at Clinton Global Initiative America meeting in Denver
LOS ANGELES – June 26, 2014 – John Hope Bryant, bestselling author and founder of Operation HOPE (HOPE), led the “Financial Opportunity” working group session at the Clinton Global Initiative (CGI) America meeting in Denver, June 23-25. The social entrepreneur also reported that 1,000 commitments were made during Phase I for HOPE’s seven month CGI commitment to action in support of Project 5117.
“Operation HOPE is proud to announce the results for Project 5117 in support of our Clinton Global Initiative America Commitment to Action,” said Bryant, who recently wrote the popular new book, How the Poor Can Save Capitalism. “Today, we are pleased to report that we have collected 1,000 commitments for Project 5117. As a CGI mega commitment to action maker, we have engaged people across the United States who are passionate about liberating underserved Americans from poverty to make a commitment to HOPE’s Project 5117.”
Operation HOPE announced its new CGI commitment to action during the HOPE Global Financial Dignity Summit, last November. As a CGI mega-commitment to action maker, HOPE has worked to secure additional commitments from people and businesses throughout the US who are interested in helping support Project 5117.
One such example of these commitments is the partnership with the American Bankers Association. The ABA and HOPE work together to provide mutual support for their respective CGI America Commitments to Action. A commitment can range from becoming a Business Role Model volunteer to a HOPE Business In A Box student, to a corporate sponsor (such as a financial institution) funding a HOPE Inside location in underserved communities across the US.
The commitments were aggregated by collecting pledges, based on the goals below:
- Secure pledges from 7 school districts across the U.S. to roll out the Gallup HOPE Index to their students and participate in Project 5117.
- Engage 100 schools to become HOPE Business in a Box Academies, working towards the Project 5117 goal of reaching five million kids with financial literacy and HBIAB entrepreneurship programs.
- Recruit and train 5,000 HBIAB business role models.
- Recruit, train and deploy 1,000 financial inclusion volunteers.
- Gain commitments for 25 new HOPE Inside locations.
- Partner with 25 community based organizations that can implement and further the work of HOPE's 700 Credit Score community program
CGI America brings together leaders in business, government, and civil society to generate and implement commitments to address economic recovery in the United States. Since the first meeting in 2011, CGI America participants have made more than 300 commitments valued at more than $15.3 billion when fully-funded and implemented. Operation HOPE is proud to be a member of CGI, since its establishment in 2005.