2012 marks the 20 Year Anniversary of Operation HOPE.
Conceived on May 5, 1992 as the vision of Founder, Chairman and CEO John Hope Bryant after the Los Angeles civil unrest, HOPE has raised and facilitated an investment of over $1.4 billion for the under-served population. HOPE’s mission is focused on making free enterprise and capitalism relevant to all.
HOPE currently has partnerships with over 5,000 private sector companies, non-profit organizations, schools and government entities in 273 U.S. cities and South Africa. To date through our HOPE Empowerment programs, Banking on Our Future, the HOPE Financial Dignity Centers and HOPE Coalition America, HOPE has served 2 million individuals!
To acknowledge the extraordinary achievements of the “Silver Rights Movement” over the past 20 years, HOPE launches a series of celebratory and empowerment events throughout 2012. We hope you will be able to join us for these exciting upcoming events!
On April 29, 1992, after a jury acquitted four white Los Angeles police officers who had been videotaped beating black motorist Rodney King, the city exploded into riots. Six days later, over $1 billion in property damage had occurred—mostly in underserved neighborhoods.
The riots were a protest not just against racial discrimination and police violence, but against a system that protects the privileged and keeps the poor in their place. Operation HOPE was founded to break down that barrier between privileged and poor.
Today, HOPE is America’s leading nonprofit organization dedicated to financial literacy and economic empowerment. We’ve reached over 1.2 million individuals in 70 U.S. cities, South Africa and Haiti.
But we’re about more than just numbers. Ultimately, we’re trying to put ourselves out of business. We build bridges between corporate America and underserved communities, replacing our own services with those of private lenders and financial organizations. In this way, we hope to provide the underserved with the tools, knowledge, and resources needed to fully participate in—and benefit from—a thriving capitalist economy.
Operation HOPE’s mission is to expand economic opportunity in underserved communities through economic education and empowerment. Operation HOPE (HOPE) improves the economic quality of life for individuals, families and communities through programs that create stakeholders: converting check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, and minimum wage workers into living wage workers.
HOPE’s ultimate mission is to eradicate poverty by focusing on the 21st century’s next civil right, what HOPE calls “silver rights.” The Silver Rights Movement recognizes Ambassador Andrew Young’s belief that “living in a capitalistic society with no access to capital is a sophisticated form of slavery.” The Silver Rights Movement works to give underserved and low-income Americans a chance to become active participants in our free-market economy.