30 Years of HOPE:
The History of Operation HOPE
Timeline
HOPE Announces the American Aspiration Tour
Financial Literacy for All Published
Publication of “Financial Literacy for All: Disrupting Struggle, Advancing Financial Freedom, and Building a New American Middle Class”
by John Hope Bryant, Founder & CEO of Operation HOPE
The HOPE Insider Survey
The initial HOPE Insider survey received responses from more than 3,500 Operation HOPE clients and provides key insights into American financial sentiment relating to housing, debt, small business ownership, work and general economic optimism, as Americans navigate the complex challenges of the current economic climate.
HOPE Launches Community Credit Score Index
The HOPE Community Credit Score Index, an extension to the Financial Wellness Index, take a closer look by overlaying resident credit score data with other critical information on education, homeownership, income, life expectancy, and crime to identify the neighborhoods most in need. These statistics help inform policy, program and service offerings, and provide residents a greater understanding of their specific community’s financial health.
FL4A Joins Nasdaq Stock Market for Opening Bell Ceremony
Financial Literacy for All joins Nasdaq to kick off National Financial Literacy Month
SBA adds 1MBB to strategic alliance
U.S. Small Business Administration revises and renews strategic alliance with HOPE to include 1MBB programing for small businesses
FDIC collaborates with HOPE
U.S. Federal Deposit Insurance Corporation launches new collaboration with Operation HOPE to incorporate an extension of financial education activity with HOPE’s 1MBB and Small Business Programs.
Atlanta Child Savings Account Program launches
The Atlanta Child Savings Account Program, launched in partnership with the City of Atlanta, provides qualifying Atlanta Public Schools (APS) kindergartners with a free savings account and a one-time deposit of $50. The savings account, managed by Operation HOPE, will be a starting point for savings, reserved for expenses related to post-secondary education.
FICO joins the growing number of FL4A partners
FICO joins Mastercard, BlackRock, TIME for Kids, Nextdoor, US Bank, Santander, Truist and First Horizon Bank along with FL4A founding members Walmart, Disney, NFL, NBA, Delta Air Lines, Walgreens, Bank of America, Khan Academy and Ares Management as part of this first-of-its-kind coalition. FICO’s involvement complements FL4A’s existing efforts to promote greater financial well-being among American working adults and young people.
HOPE Financial Wellness Index
HOPE’s Financial Wellness Index, launched in partnership with Experian, utilizes credit data to build a Community Credit Score Index.
The Index highlights high- and low-credit score zip codes in the same city by showcasing discrepancies in earnings, social mobility, housing, education and longevity.
Robinhood Markets signs Investors’ Bill of Rights
Operation HOPE announced that Robinhood Markets is the first company to sign onto its Investors’ Bill of Rights.
Financial Literacy for All (FL4A) launched
Operation HOPE launches the Financial Literacy for All movement in partnership with CEO’s of companies such as Walmart, Delta Air Lines, the NBA and NFL, Walgreens, Bank of America, and Disney to infuse this initiative in their business plans for the next 10 years to help people with financial literacy and generational wealth.
Third Reconstruction Launched
“Third Reconstruction: A 3-Point plan to make Financial Literacy the Civil Issue of this Generation” published in the Milken Review.
Investors’ Bill of Rights launched
Operation HOPE announced its Investors’ Bill of Rights to address the greater need for individual investor protections. The Investors’ Bill of Rights was created by Operation HOPE’s Chairman and CEO, John Hope Bryant, with input from a variety of organizations and leaders in the US financial markets.
Twitter partners with HOPE
Twitter agrees to invest $100 million in lenders promoting racial equality by reinvesting interest it earns from loans into Operation HOPE.
1MBB Launched
The One Million Black Business and Entrepreneurship Initiative is launched, in partnership with Shopify, to create, scale or grow one million Black businesses by 2030 at the HOPE Global Forum, conducted virtually in response to COVID-19.
HOPE Global Advisory Board established
Established the HOPE Global Advisory Board with preeminent corporate and social leaders.
Columbus, GA gives HOPE Key to the City
John Hope Bryant and Operation HOPE receive Key to the City from Mayor of Columbus, Ga and Congressional Recognition at keynote for Columbus Urban League.
100th HOPE Inside location opens
HOPE’s 100th location opened in Baltimore, Maryland, in partnership with The Columbia Bank to deliver Operation HOPE’s core programming to residents of Baltimore and communities in the surrounding area.
MBDA signs MOU with HOPE
U.S. Department of Commerce Minority Business Development Agency (MBDA) and Operation HOPE signed a MOU designed to provide U.S. minority business enterprises (MBEs) with greater opportunities to access technical and financial resources.
Legacy Forum honors 150th Anniversary of the Freedman’s Bank
U.S. Treasury Department, U.S. National Archives, and Operation HOPE host the first Freedman’s Bank Legacy Forum commemorating the 150th Anniversary of the Freedman’s Bank
President Clinton speaks at HOPE Global Forum
Former President Bill Clinton is keynote speaker at the HOPE Global Forum.
CFPB signs MOU with HOPE
Consumer Financial Protection Bureau and Operation HOPE Sign a Memorandum of Understanding to Promote Financial Education.
SBA signs MOU with HOPE
The U.S. Small Business Administration and Operation HOPE signed a Strategic Alliance Memorandum to encourage entrepreneurship and economic empowerment for small business owners.
HOPE recognized in the UAE
Bryant’s work in financial literacy was recognized by the Emirates Foundation in the United Arab Emirates. The new Esref Sah (Spend Wisely) Personal Finance curriculum, which features Bryant’s personal life story, likeness and image, is a UAE wide partnership between the Emirates Foundation and Operation HOPE that seeks to boost youth financial literacy skills and confidence, as well as encouraging personal financial dignity through role modeling.
President Obama creates the President’s Advisory Council For Financial Capability For Young Americans
President Obama creates the President’s Advisory Council For Financial Capability For Young Americans. John Bryant serves as a founding member.
OECD recognizes HOPE for best practices in Financial Education
Operation HOPE has been a “financial education best practice” on behalf of the USA highlighted in the Organisation for Economic Co-operation and Development Global Money Week 10 Years Of Celebrations since 2013.
Global Money Initiative launched
Casablanca Stock Exchange (CSE) and Wikipedia Founder and Wikia Co-Founder Jimmy Wale, partner with Operation HOPE to launch the first international financial literacy empowerment tool, the Wikia-Operation HOPE Global Money Initiative (Global Money).
HOPE receives Hidden Heroes Award
Operation HOPE and Bryant received the Andrew Goodman Foundation, Hidden Heroes Award for 2010 in Harlem, New York, presented by the brother of Andrew Goodman himself. The award and foundation is named after one of three brave young men who gave their lives in support of the civil rights movement of the 20th century in America.
Department of Education signs MOU with HOPE
U.S. Education Department White House Initiative On HBCUs creates MOU with Operation HOPE around financial education for HBCU collegiate students.
HOPE partners with SBA’s Office of Entrepreneurship Education
U.S. Small Business Administration launches the Office Of Entrepreneurship Education. Operation HOPE becomes a national alliance partner.
Peace Corps partners with HOPE
U.S. Peace Corps forms partnership with Operation HOPE to empower South African Youth and Women to develop their own financial future.
SBA National Small Business Week honors HOPE
U.S. Small Business Administration National Small Business Week recognized Operation HOPE and John Bryant for superior financial inclusion work.
1st Presidential Meeting on Financial literacy
At the request of Chairman Bryant and Operation HOPE, U.S. President George W. Bush, Treasury Secretary Paulson, Education Secretary Spellings, HUD Secretary Jackson, U.S. Treasurer Cabral and 6 financial literacy experts in the Roosevelt Room of the White House for a first-ever Presidential meeting on financial literacy in America.
15TH Anniversary of Bankers’ Bus Tour
Chairman Bryant and Ambassador Andrew Young host the HOPE Bankers’ Bus Tour of the Los Angeles riots, attended by more than 500 leaders from government, community and the private sector.
HOPE joins Clinton Global Initiative
Operation HOPE becomes a member of the Clinton Global Initiative.
American Red Cross Partners with HOPE
Operation HOPE signs memorandum with American Red Cross to vertically integrate HOPE Coalition America’s emergency disaster preparedness, response and recovery work with ARC’s critical response work.
HOPE inspires change to Community Reinvestment Act
A provisional change in the federal Community Reinvestment Act (CRA) law, at the request of Chairman Bryant and Operation HOPE, allowing and authorizing “credit for emergency disaster financial counseling” under CRA for thrifts (OTS approved) and state and federally chartered banks (OCC and FDIC approved), for all victims of Hurricane Katrina and Rita, irrespective of income or location throughout the nation.
USA Freedom Corps Partners with HOPE
President Bush’s USA Freedom Corps announces partnership with Operation HOPE Citizen Corps and Volunteers For Prosperity with a focus on a Financial Literacy corps.
White House Office on Faith-Based & Community Initiatives Partner invite HOPE
Operation HOPE’s founder and CEO served as a featured speaker on behalf of Operation HOPE, Inc. for the first ever-national conference of the White House Office of Faith-Based and Community-Based Initiatives, on two separate panels, namely “Community Development Successful Partnerships” and the “Foundations and Corporations Forum.”
Financial First Aid Kit (EFFAK) Created
The Emergency Financial First Aid Kit (EFFAK), now an official federal government document (FEMA document #532) was created and became available to all Americans, at no cost.
Veteran Affairs partners with HOPE
Operation HOPE and U.S. Veteran Affairs signs MOU around financial education for veterans.