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March 30 2015

Operation HOPE Receives State Farm Good Neighbor Citizenship Grant Award

The $10,000 grant will go to HOPE Coalition America – the nonprofit’s financial disaster preparedness division, to help people prepare financially for storms, hurricanes, fires and floods

NEW YORK CITY – March 30, 2015 – Financial dignity empowerment nonprofit, Operation HOPE’s disaster financial recovery and preparedness division, HOPE Coalition America (HCA), announced today that it has received a State Farm® Good Neighbor Citizenship Grant Award. The $10,000 grant will help residents in the New York metropolitan area prepare financially for emergencies or natural disasters.

“HOPE Coalition America is pleased to have the support of State Farm in helping build citizens who are better prepared with their finances,” said Oliver Bell, Chief Executive Officer of Southern Region and Director of HOPE Coalition America. “These funds will help HCA staff and HOPE Corps volunteers conduct free workshops and seminars to provide individuals, families and small business owners with step-by-step Disaster Financial Preparedness Plans for the next man-made or natural disaster.”

When disasters strike with little warning, unprepared victims often suffer the worst financially and struggle the longest, which is why State Farm chose to collaborate with Operation HOPE’s disaster financial recovery and preparedness division, HOPE Coalition America. Through HCA, State Farm believes that the number of individuals and families that take actions before emergencies or disasters will increase and they will recover sooner after a disaster.

Most believe disasters only affect others, and do very little to prepare.  Many only consider such natural disasters as hurricanes and earthquakes as real emergencies, when everyday incidents such as home flooding, fires, and chemical spills can have devastating effects on families and businesses.  

“State Farm has a rich history of giving back to the communities where we live and work,” said Naomi Johnson, New York Community Specialist. “Through our work with HOPE Coalition America, we hope to better prepare residents of the New York metropolitan area to recover from the unexpected.”  

About Operation HOPE, Inc.  

Founded in 1992 and headquartered in Los Angeles, Operation HOPE promotes financial dignity through the delivery of financial inclusion and education tools to underserved communities. Through its three core divisions and HOPE Financial Dignity Forum, the organization has provided youth and adult financial literacy, economic preparedness, digital empowerment, promoted homeownership, and assisted with foreclosure prevention to more than 2 million individuals, families, and small business owners.  HOPE is focused on Project 5117, a multi-year initiative that will track and increase business role models for youth, boost credit scores for adults, and empower underserved communities. To learn how you can join Project 5117, go to www.operationhope.org/p5117mission or visit www.operationhope.org to learn more.

About State Farm®

State Farm and its affiliates are the largest provider of car insurance in the U.S. In addition to providing auto insurance quotes, their 18,000 agents and more than 65,000 employees serve over 82 million policies and accounts – nearly 80 million auto, home, life, health and commercial policies, and nearly 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 41 on the 2014 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.