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Operation Hope

www.operationhope.org link_icon

Operation HOPE: Company Research Report





Company Overview



Name and Mission


Operation HOPE
  • Mission: To expand economic opportunity by providing financial education and resources, assisting individuals in achieving financial security, homeownership, and entrepreneurship. The mission focuses on making free enterprise and capitalism work for underserved communities by disrupting poverty.


Founding Details


  • Founded: 1992

  • Founder: John Hope Bryant


Key People


  • Founder, Chairman, and CEO: John Hope Bryant


Headquarters


  • Location: Atlanta, GA


Number of Employees


  • No information is available


Revenue


  • No information is available


Notable Aspects


  • Known For: Operation HOPE is renowned for its financial literacy programs and initiatives aimed at economic empowerment for underserved communities.




Products and Services



Offered Programs



1. HOPE Inside
  • Description: Offers financial literacy and empowerment by transforming individuals from being financially excluded to financially included. Programs operate in physical locations and virtually.

  • Key Features:

  • Credit and money management

  • Homeownership assistance

  • Small business development

  • Financial wellness programs


2. HOPE Inside the Workplace
  • Description: A program offered to enhance financial wellness among employees.

  • Key Features:

  • Focuses on improving employees' credit and financial well-being.


3. HOPE Inside Disaster
  • Description: Provides financial recovery services to individuals and businesses affected by disasters.

  • Key Features:

  • Financial disaster recovery programs


4. HOPE Inside for Youth
  • Description: Aims to equip youth with financial literacy tools.

  • Key Features:

  • Youth-targeted financial education programs


5. Credit & Money Management
  • Description: Programs that educate clients on wise financial decision-making.

  • Key Features:

  • Credit score improvement

  • Debt reduction strategies


6. Homeownership
  • Description: HUD-certified coaching for first-time homebuyers.

  • Key Features:

  • Education on the home-buying process and lending


7. Small Business Development
  • Description: Supports entrepreneurs in launching and growing their businesses.

  • Key Features:

  • Entrepreneurial education and business plan assistance




Recent Developments



New Products/Initiatives



1. "UPLIFT Denver"
  • Launch Date: June 2024

  • Description: A program in partnership with U.S. Bank and KeyBank to provide free financial literacy coaching in Denver.


2. American Aspiration Tour
  • Launch Date: 2024

  • Description: A national tour to promote financial literacy inspired by Bryant's book "Financial Literacy for All."


3. AI Ethics Council
  • Launch Date: 2024

  • Description: Founded by John Hope Bryant and Sam Altman, aims to ensure equitable participation in AI evolution.


New Features



  • No new features documented for existing products.


Partnerships



1. With U.S. Small Business Administration (SBA)
  • Date: April 2024

  • Description: A strategic alliance to foster entrepreneurship and support small businesses.


2. Partnerships with U.S. Bank and KeyBank
  • Purpose: To implement the “UPLIFT Denver” initiative.




This report reflects the comprehensive initiatives and recent developments of Operation HOPE, emphasizing its ongoing commitment to economic empowerment, financial literacy, and entrepreneurial support through strategic collaborations and innovative programs.