Operation HOPE is a national nonprofit organization focused on financial literacy and economic empowerment for Americans, particularly targeting low- and moderate-income communities. Founded in 1992 by John Hope Bryant, the organization is dedicated to transitioning communities from dependency to self-sufficiency by encouraging financial dignity and inclusion. Based in Atlanta, Georgia, Operation HOPE provides services across the United States and has garnered significant support from partners like Shopify and Truist Financial.
Recent years have marked several important milestones for Operation HOPE:
Attribute | Information |
---|---|
Founding Date | May 5, 1992 |
Headquarters | Atlanta, Georgia, USA |
Founders | John Hope Bryant |
Revenue | Not publicly disclosed |
Profits | Not publicly disclosed |
Key Investors | Shopify, Truist Financial, Delta Airlines, NBA, NFL |
Industry | Nonprofit, Financial Services |
Number of Employees | About 51-100 |
Operation HOPE was established in the wake of the 1992 Los Angeles riots, sparked by the Rodney King verdict. Recognizing the need for financial empowerment to address poverty and civil unrest, John Hope Bryant founded the organization to teach financial literacy as a new form of civil rights. From humble beginnings, supporting disenfranchised communities in LA, Operation HOPE quickly expanded its mission across the U.S., aiming to make capitalism accessible to all citizens by transforming their perceptions of finance and capital.
Operation HOPE's mission is to disrupt poverty by promoting financial literacy and empowerment:
Currently, Operation HOPE is heavily involved in fostering entrepreneurship among minority communities, with targeted initiatives for Black-owned businesses. The organization operates several programs and services including HOPE Business In A Box and the Financial Literacy for All initiative. Despite being a nonprofit, Operation HOPE positions itself competitively by leveraging partnerships with major corporate players, enabling extensive outreach and service provision capabilities across various communities.
Operation HOPE's journey from its Los Angeles inception to becoming a pivotal player in financial literacy demonstrates its commitment to altering economic trajectories within underserved populations. With ongoing initiatives to promote inclusivity in capital markets, Operation HOPE is poised to continue expanding its impact on financial education and empowerment, further driving equitable economic opportunities on a national scale.