Author, How the poor can save capitalism
BACKGROUND / Academic and professional background
Graduated from Santa Monica High School, 1984. Received an Honorary Doctorate Degree of Human Letters from Paul Quinn College in Dallas, Texas, in 2004 for his work around education and poverty eradication.
ACHIEVEMENT/ What is your project, initiative, start-up, company all about?
Since 1992, Operation HOPE, a global nonprofit focused on financial dignity, has empowered more than 2 million individuals and directed more than $1.5 billion in private capital to America’s low-wealth communities. It has recruited a growing army of 20,000 HOPE Corps volunteers, and helped raise average credit scores for financial case management clients more than 120 points over an average 18-month period. Currently Operation HOPE is focused on Project 5117, a multi-year initiative that will track and increase business role models for youth, boost credit scores for adults, and empower underserved communities, as a part of its “silver rights” mission to make free enterprise work for everyone.
LOCATION/ In which city, country, part of the world do you conduct your activities?
It currently serves more than 300 U.S. cities, as well as South Africa, Saudi Arabia, Morocco and the United Arab Emirates.
IMPACT: What is the positive economic, social, political, environmental…of the activity, project, initiative, start-up, company?
It has empowered more than 2 million individuals and directed more than $1.5 billion in private capital to America’s low-wealth communities.
QUOTE/ A saying, quote or reference phrase that tells something about you
“There is a difference between being broke and being poor. Being broke is a temporary economic situation, but being poor is disabling frame of mind, and depressed condition of one’s spirit, and we must all vow to never, ever be poor again.”