Ferguson, MO -- Septmenber 18, 2014 -- On September 17th, How The Poor Can Save Capitalism bestselling author and Operation HOPE Chairman and CEO John Hope Bryant travelled with The King Center CEO Reverend Dr. Bernice King to participate in a "Framing The Issues On Ferguson, Missouri" session with Ferguson and Clayton County Missouri elected officials, community organizations, leaders, citizens.
Partners in peace and dignity, Operation HOPE and The King Center focused attention on respect, self reliance and economic solutions for the people of Ferguson.
The small delegation met with every a wide array of the community, including youth. Operation HOPE learned from the community how best to incorporate economic empowerment initiatives, like Project 5117, in Ferguson, Clayton County, and other Missouri neighborhoods.
Operation HOPE's Project 5117 is a national alliance Co - Chair by Global Spokesperson Ambassador Andrew Young and Board Member Reverend Dr. Bernice King. Its mission is to strengthen the economy by focussing on empowering those who earn less than $50,000 a year. It is a measurable local impact, community by community plan of action designed to answer some of the questions posed by Dr. Martin Luther King, Jr. in the Poor People's Campaign in both word and deed. Project 5117 is supported by a broad range of services from homeownership counseling, credit card debt management, and comprehensive entrepreneurship training. The organization is exploring plans to introduce economic empowerment services into the community.
Watch the 4-minute movie on How The Poor Can Save Capitalism here.
HOPE Business in a Box Academies to begin five-year strategy to promote poverty reduction, educational excellence and leadership development
NEW YORK – June 26, 2014 – Operation HOPE announced today a new partnership with the Rural School & Community Trust (Rural Trust) to promote HOPE Business in a Box Academies an initiative focused on youth entrepreneurship in classrooms over the next five years, starting in rural Northeastern NC and Louisiana.
The collaboration will boost Project 5117, the HOPE’s commitment to reduce poverty as a commitment to Action for Clinton Global Initiatives America.
“We are pleased to work in partnership with the Rural Trust to bring HOPE Business In A Box Academies into classrooms throughout rural America. This initiative is designed to inspire and empower youth to take control of their future and become the nation’s next generation of job creators and business builders through collaboration with the Rural Trust. Project 5117, is leveraging a national movement for change, which works in tandem to further efforts around our commitment to Clinton Global Initiatives America,” said Mary Ehrsam, Global Youth Empowerment Group President.
The Rural Trust seeks to help rural schools and communities grow better together by involving young people in place-based learning linked to community and economic development. Through conducting research and advocating for appropriate educational policies and equitable funding for rural schools, it improves rural access to highly effective educators; and increases rural capacity to design, implement, and support appropriate innovation.
“We are thrilled to partner with Operation Hope to bring this opportunity for financial dignity to rural youth and communities around the country,” said Executive Director for The Rural School and Community Trust Doris Terry Williams, Ed.D. “Connecting students’ standards-based academic work to the economic needs of their families and communities can have significant and sustainable short-term and long-term impact on poverty reduction. We look forward to extending this opportunity to as many rural communities as possible.”
Posted at 09:08 PM in Bryant Friends Making a Difference, Bryant on Bi-Partisan Public Policy, Bryant on Leadership, HOPE and Project 5117 for a New America, HOPE and the Silver Rights Movement, HOPE Partners, HOPE Results, Partnership with Community | Permalink | 0 Comments
Operation HOPE would like to thank Mr. Fred Smith, president of HOPE Coalition America, HOPE Coalition America Advisory Board Member and a senior advisor to the chairman of Operation HOPE for his many years of service and being dedicated in helping many Americans through financial hardships after natural disasters. HOPE Coalition America helped with recovery for Hurricane Katrina and Sandy, tornadoes in Oklahoma and the floods of Colorado, to name a few.
We congratulate him on his retirement and know he will continue to do great things in the next chapter of his life.
Mr. Smith will remain active with Operation HOPE as a senior advisor for John Hope Bryant, chairman, founder and CEO of Operation HOPE and as an Advisory Board Member for HOPE Coalition America.
Below is the complete bio of Mr. Smith.
HOPE Coalition America Advisory Board Member Since: January 2014
Fred Smith is the President of HOPE Coalition America; a division of Operation HOPE, Inc. Fred also is a senior advisor to the chairman of Operation HOPE.
He is the former President and Chief Operating Officer of Operation HOPE, Inc., a national nonprofit that provides economic education, financial literacy and financial dignity services, and Deputy Treasurer of the State of California. As Deputy Treasurer for Public Finance, he was responsible for all general obligation bonds, lease revenue bonds, revenue anticipation notes and the State’s commercial paper program. He managed the State’s portfolio of outstanding debt and the annual cash-borrowing plan needed to finance the State’s fiscal operational budget and represented the Treasurer on twenty-five finance and public interest committees. As Assistant Treasurer, served as Executive Director of the California Debt Limit Allocation Committee that is responsible for allocating $1.5 billion, annually, in private activity bond financing in California. Additional responsibilities included Executive Director of the California Industrial Development Financing Advisory Commission, and the California Pollution Control Financing Authority, managing the activities of individuals who assist private, business and local government, to develop and structure financing to facilitate economic expansion and environment improvement. He was the principal coordinator of the California Financial Summit and the California Pacific Rim Investment Summits in Hong Kong, Shanghai, Singapore and Taiwan.
Posted at 03:31 PM in Bryant and Friends, Bryant and his Vision for Operation HOPE, Bryant Blogging for the People, Bryant Friends Making a Difference, Bryant Heroes and Sheroes, Bryant International Agenda, Bryant Memories, Bryant on Bi-Partisan Public Policy, Bryant on HOPE Leaders, HOPE and the Silver Rights Movement, HOPE Coalition America, Partnership with Community, Partnership with Private Sector | Permalink | 0 Comments
Technorati Tags: emergency disaster financial preparedness, fred d. smith retires from operation hope, hca, hope coalition america, john hope bryant, operation hope, president bill clinton, response and recovery
Posted at 05:17 PM in Bryant Friends Making a Difference, Bryant International Agenda, Bryant on Bi-Partisan Public Policy, Bryant on Capitalism for the People, Bryant on Leadership, Bryant on Something to Think About, Bryant on Success, Bryant Traveling Man, HOPE and Friends, HOPE and Project 5117 for a New America, HOPE and the Silver Rights Movement, HOPE Business-In-A-Box, HOPE Inside, HOPE Inside Plus, HOPE Office of Government Relations and Public Policy, HOPE, Washington, DC, HOW THE POOR CAN SAVE CAPITALISM Book, HTPCSC Book Tour, John Hope Bryant Authored, Partnership with Community, Partnership with Government, Partnership with Private Sector | Permalink | 0 Comments
What’s the X-factor for hardworking but poor Americans to move up the economic ladder?
A lot goes into the recipe for success, and there’s no single predictor. Hard work through a steady job, getting a collegiate degree or credential, and waiting until marriage to have kids are all X-factors correlated with getting ahead. Luck is more of an X-factor than it should be these days.
Financial Capability Month, going on now, brings to mind one additional X-factor that helps people get ahead: savings. According to the Pew Charitable Trusts, individuals who ascend from the bottom 20 percent have six times as much in the bank than those who remained stuck at the bottom.
That makes intuitive sense. After all, life is full of unexpected setbacks, and savings provide a buffer for the expenses that come with a job loss, a child’s injury, or a car accident. Savings help those on the ascent not to slip back down the ladder.
But even more important than the buffer is what savings indicate about the saver. If you save, that means you can prioritize needs versus wants and set goals for yourself. That basic financial literacy is the foundation for financial capability—which is in turn the foundation for getting ahead.
Savings is the first step toward the financial milestones associated with building wealth: getting a home mortgage, applying for a small business loan, putting money in a college fund, and saving for retirement. Abraham Lincoln recognized this in 1865, when he chartered the Freedmen’s Saving and Trust Company to serve freed slaves—and, more importantly, teach them about money for the first time in their lives. He knew that they would need not just their freedom but the economic independence that makes freedom mean something.
Bryant is the founder and chairman of Operation HOPE and author of the forthcoming “How the Poor Can Save Capitalism.” Keating, a former two-term governor of Oklahoma, is president and CEO of the American Bankers Association.
Posted at 09:58 AM in Bryant and his Vision for Operation HOPE, Bryant Blogging for the People, Bryant Friends Making a Difference, Bryant International Agenda, Bryant on Bi-Partisan Public Policy, Bryant on Leadership, Bryant on Something to Think About, HOPE 700 Credit Score Communities, HOPE and Bryant Media, HOPE and Project 5117 for a New America, HOPE and the Silver Rights Movement, HOPE Business-In-A-Box, HOPE Inside, HOPE Inside Plus, HOPE Results, HOPE-Gallup Index, HOW THE POOR CAN SAVE CAPITALISM Book, John Hope Bryant Authored, Partnership with Community, Partnership with Government, Partnership with Private Sector | Permalink | 0 Comments
Technorati Tags: aba, american bankers association, american bankers association-operation hope, governor frank keating, hope business in a box academies, hope inside, hope inside plus, operation hope, project 5117, silver rights movement
Washington – The American Bankers Association and global financial dignity leader Operation HOPE (HOPE) announced today an unprecedented new partnership fortifying the efforts of both organizations in expanding financial literacy empowerment, economic energy, and good credit for youth and adults over the next two years.
“After working to support each other’s work for years, we are excited to work collectively to take each other’s programs and initiatives to scale and implement solutions that will sustain economic recovery in the United States,” said John Hope Bryant, founder, chairman and CEO of HOPE. “We are very proud to work with the American Bankers Association to empower Americans both young and old, with a better understanding of how to take control of their financial future.”
Posted at 06:35 PM in 21st Century Low Wealth Agenda, 21st century Middle Class agenda, Bryant and his Vision for Operation HOPE, Bryant Blogging for the People, Bryant Friends Making a Difference, Bryant International Agenda, Bryant on Bi-Partisan Public Policy, Bryant on Capitalism for the People, Bryant on Civil Rights, Bryant on Leadership, Bryant on Something to Think About, HOPE and America 2020, HOPE and Project 5117 for a New America, HOPE and the Silver Rights Movement, HOPE Business-In-A-Box, HOPE Inside, HOPE Inside Plus, HOPE Local Impact, HOPE Partners, HOPE Results, HOPE's Banking on Our Future Program, Partnership with Community, Partnership with Government, Partnership with Private Sector | Permalink | 0 Comments
Technorati Tags: american bankers association, civil rights to silver rights empowerment, Donald Ogilvie, governor frank keating, hope business in a box academy, hope inside, hope inside plus, john hope bryant, operation hope, project 5117
Today Operation HOPE issues a formal statement of support to and for President Barack Obama and his initiative to empower boys and young men of color, called MY BROTHER'S KEEPER.
Of course, these are issues that are all near and very dear to my heart as the founder of Operation HOPE. Things we have been working to combat for more than 20 years now, since our founding after the Rodney King Riots of 1992 in South Los Angeles. Of course, the core of that crisis as well centered around the brewing frustrations of young men of color too.
It is one thing for an organization like Operation HOPE to place its shoulder against the wheel and to try to help, but it is another thing altogether when the power and influence of the U.S. Presidency weighs in. When the President himself makes this a national priority. And that is precisely what has happened here, with President Barack Obama signaling his strong support for this new national policy priority -- saving our boys and young men of color.
I will not take time here to list the countless, debilitating statistics that chronicle the status of our youth today, as the White House entry has already done this well. I will simply say that it is time for America, and Americans, to get to work here -- helping the President and our nation to 'lift' our most vulnerable.
These young people, are literally our future workers, customers, servant leaders, hoped-for future taxpayers, entrepreneurs, small business owners and job creators. These young people are not optional to our future. They are -- our future.
Commendations to the President and his team. Let's support him. We will do just that here at Operation HOPE, through our own Project 5117, which continues the unfinished poverty eradication work of Dr. Martin Luther King, Jr.
John Hope Bryant is the founder, chairman and CEO of Operation HOPE and Bryant Group Companies, Inc. Magazine/CEO READ bestselling business author of LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World (Jossey-Bass), and is the only 2010-2012 bestselling business author in America who is also African-American. His newest book, due out May, 2014, is HOW THE POOR CAN SAVE CAPITALISM, and will be published byBerrett Koehler Publishing).
Posted at 12:24 PM in 21st Century African-American Agenda, 21st Century Low Wealth Agenda, Bryant and his Vision for Operation HOPE, Bryant Blogging for the People, Bryant International Agenda, Bryant on Bi-Partisan Public Policy, Bryant on Capitalism for the People, Bryant on Civil Rights, Bryant on Poverty, Bryant on Something to Think About, Bryant on what we are Passionate About, Bryant on Youth Economic Energy, HOPE and Project 5117 for a New America, HOPE and the Silver Rights Movement, HOPE Business-In-A-Box, Partnership with Community, Partnership with Government, Partnership with Private Sector | Permalink | 0 Comments
Three years ago, I said that Operation HOPE was coming to Alabama. At that time my interest was in helping those most impacted by the devastating Alabama tornadoes, led by Fred D. Smith and our HOPE Coalition America division. It took us three years, but we are finally operational in the state. Literally in this instance, representing rainbows after storms.
I was personally hurt by what happened in Alabama following the tornadoes. I new that the federal disaster recovery funds scheduled to flow into the state could have not only helped those impacted by the disaster (to recover and rebuild), I knew that the nearly $1 billion that the federal government was prepared to set aside to help those in the state, could have literally reset the levels of poverty itself in Alabama.
The impact of $1 billion in Alabama might equate to ten times that amount elsewhere. That said, only a small fraction of the intended funding ever made it into the state and into the hands of its residents.
The issue was not fraud or government waste or abuse, but simply a very low level of applicant requests for assistance, in far too many case. Some of this was sadly the result of an abysmally low level of financial IQ, or financial literacy in Alabama. Financial literacy is the civil rights issue of this generation. Particularly, in a place such as Alabama, with such a significant population of low-wealth residents, combined with lower levels of overall educational attainment. This is not a knock on Alabama and its residents, this is a reality — and it must be changed.
Posted at 04:19 PM in 21st Century Low Wealth Agenda, 21st century Middle Class agenda, Bryant and his Vision for Operation HOPE, Bryant Blogging for the People, Bryant International Agenda, Bryant Memories, Bryant on Bi-Partisan Public Policy, Bryant on Civil Rights, Bryant on Poverty, Bryant on Something to Think About, Bryant Traveling Man, HOPE Alabama, HOPE and America 2020, HOPE and Project 5117 for a New America, HOPE and the Silver Rights Movement, HOPE Atlanta Office, HOPE Coalition America, HOPE Inside, HOPE Results, John Hope Bryant Authored, Partnership with Community, Partnership with Government, Partnership with Private Sector | Permalink | 0 Comments
Technorati Tags: financial inclusion, financial literacy, hope coalition america, hope inside birmingham, john hope bryant, operation hope, project 5117, u.s. economic development administration, u.s. eda
On January 23rd, 2014, in Birmingham, Alabama, I was proud to stand with new friends Grayson Hall, CEO of Regions Bank, the only Fortune 500 company in the state of Alabama, and Johnny Johns, CEO of Protective Life Insurance, one of the largest insurance companies in the southern states, as we announced the first HOPE Inside location in and for Birmingham, Alabama.
Our broader work of Operation HOPE, Alabama within the state is presently supported by Regions Bank, Protective Life Insurance Co., and the federal government through the U.S. Economic Development Administration.
Our first HOPE Inside, Birmingham, located within the Five Points South location, is sponsored by and located within Regions Bank. The HOPE Inside model is an important part of our Project 5117 national initiative. It is my sincere hope that this first location in Bimingham actually represents the first of many more to come. And I am told by my team that our efforts there are already producing results.
Already, we have launched the framework for our HOPE Alabama board of directors, which will be chaired by my friend Rick Swagler, executive vice president of Regions Bank. Internal support from Rick Swagler and friend Lajuana Bradford, senior vice president of Regions Bank, is the reason we have such strong backing from the bank as we roll out this localized version of our nation vision. A special thank you to both of them. Additionally, Art Faulkner, emergency manager for the Governor and the State of Alabama, will serve as our vice chairman for the new HOPE Alabama board of directors.
Importantly, it was Birmingham Mayor William Bell who first invited me and Operation HOPE to roll-out our work in his city. Glad he did, and honored we are now doing just that. Without the mayor's original invitation, we would not be in the city. The mayor and HOPE will remain strongly connected as partners moving forward.
Posted at 02:41 PM in 21st Century Low Wealth Agenda, 21st century Middle Class agenda, Bryant and his Vision for Operation HOPE, Bryant Blogging for the People, Bryant Friends Making a Difference, Bryant on Bi-Partisan Public Policy, Bryant on Capitalism for the People, Bryant on Civil Rights, Bryant on HOPE Leaders, Bryant on Leadership, Bryant on Youth Economic Energy, Bryant Traveling Man, HOPE Alabama, HOPE and America 2020, HOPE and Bryant Media, HOPE and Bryant on History Making, HOPE and Project 5117 for a New America, HOPE and the Silver Rights Movement, HOPE Atlanta Office, HOPE Business-In-A-Box, HOPE Inside, HOPE Inside Ebenezer - Flagship Operations, HOPE Office of Government Relations and Public Policy, HOPE Results, John Hope Bryant Authored, Partnership with Community, Partnership with Government, Partnership with Private Sector | Permalink | 0 Comments
Technorati Tags: alabama 2020, birmingham, grayson hall, hope alabama, hope inside, john hope bryant, johnny johns, lajuana bradford, operation hope alabama, project 5117, protective life insurance company, regions bank, rick swagler, silver rights movement
John Hope Bryant: How the Poor Can Save Capitalism: Rebuilding the Path to the Middle Class
A bestselling book on Apple iBooks, Amazon.com and 800CEOREAD
John Hope Bryant: Love Leadership: The New Way to Lead in a Fear-Based World
9 months on the CEO Read, Inc. Magazine business best seller list in 2009 and 2010.
Bill Clinton: Giving: How Each of Us Can Change the World
In this bestselling and inspirational book, former U.S. President Bill Clinton features the work of Operation HOPE, and its founder, John Hope Bryant.
NIKI BUTLE MITCHELL, featuring John Bryant: The New Color of Success: Twenty Young Black Millionaires Tell You How They're Making It
John Bryant is featured in Chapter 2 of this book.
John Bryant: Banking On Our Future
Financial literacy education for youth and their parents.
Charles Grodin: If I Only Knew Then...: Learning from Our Mistakes
John Hope Bryant features as one who learned leadership from loss.
Julian C. R. Okwu, featuring John Bryant: Face Forward: Young African American Men in a Critical Age
John Bryant is featured in this book on page 64.
John McWhorter: Authentically Black
The work of John Hope Bryant and Operation HOPE are featured.
Professor Dennis Kimbro: The Wealth Choice: Success Secrets of Black Millionaires
Professor Kimbro features many leaders, including entrepreneur and philanthropist John Hope Bryant
Guruprasad Madhavan, Barbara Oakley, David Green, David Koon, Penny Low: Practicing Sustainability
John Hope Bryant and his work around financial literacy, financial dignity and silver rights, operationalized through his Operation HOPE, is highlighted and featured in a chapter of this book authored by Bryant.
John Bryant: Banking on Our Future: A Program for Teaching You and Your Kids about Money
My first published book focused on financial literacy for youth and families. Published by Beacon Press, the original publisher for Dr. Martin Luther King, Jr.
Jim Clifton: The Coming Jobs War
Jim Clifton, chairman and CEO of Gallup, highlights Operation HOPE and the Gallup-HOPE Index as one key solution to the future jobs crisis challenging America today.
Tyrese Gibson: How to Get Out of Your Own Way
From my mentee and friend Tyrese Gibson, about his inspiring life story to date. Mentions some of the life interactions between Tyrese and John Hope Bryant
Bill George: Seven Lessons for Leading in Crisis (J-B Warren Bennis Series)
Bill George, who mentions the work of Operation HOPE here in 7 Lessons for Leading in Crisis, also wrote the Forward for my book LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World (Jossey-Bass)
Sharon L. Lechter CPA: Three Feet from Gold: Turn Your Obstacles into Opportunities! (Think and Grow Rich)
Book and author draw on the wisdom and work of Operation HOPE and its founder John Hope Bryant
Matthew Bishop: The Road from Ruin: How to Revive Capitalism and Put America Back on Top
Book and author feature the work of Operation HOPE and John Hope Bryant around financial literacy empowerment in America, post crisis.