SOURCE: Operation HOPE, Inc.

September 12, 2007 16:07 ET

Operation HOPE Trumpeted Amongst Select Organizations and Individuals in Former President's New Bestseller

In the Book, "Giving," Clinton Highlights the Financial Literacy Nonprofit's Influential Role in Empowering Underserved Communities

LOS ANGELES, CA--(Marketwire - September 12, 2007) - Humanitarian and first citizen, former President Bill Clinton, singled out economic empowerment nonprofit Operation HOPE (HOPE) and its founder, John Hope Bryant, for its contribution to building strong communities in his new book, "Giving: How Each of Us Can Change the World." Clinton's latest literary endeavor features a variety of organizations and individuals whose call to give has created opportunity for others. Since leaving the White House, Clinton has made it a personal mission to spark a global chain of giving.

Recognizing Operation HOPE, Clinton points out the basic need for both young people and adults to understand how our economy functions and encourages people with the necessary skills to join HOPE's "silver rights" movement to teach financial literacy to low-wealth children and adults. Clinton profiles HOPE's success in converting low-income check cashers into banking customers, renters into homeowners, minimum-wage workers into living-wage earners and hourly workers into entrepreneurs. In regards to Bryant, who is also chairman and CEO of HOPE, Clinton notes his ability to work with Democrats and Republicans alike and whose belief to offer "a hand up and not a hand out" has raised some $300 million in mortgages and small-business loans, more than $100 million in grant funding, and educated over 200,000 youth in financial literacy.

Bryant expressed his admiration for the former president, "I am deeply honored that former President Bill Clinton values the work we do at Operation HOPE. Our commitment to the community has been furthered through our partnership with the William J. Clinton Foundation. His words, matched by his actions, continue to inspire us to do more."

In the book, Clinton points out that everyone can give something and encourages them to do so, "There's much to be done, down the street and around the world. It's never too late or too early to start giving. As you read about a wide range of givers, I hope you'll think about what you yourself can do."

Operation HOPE, Inc. (HOPE) is America's leading nonprofit social investment banking and financial literacy empowerment organization operating with more than 400 private sector partners, 1500 nonprofit and school partners, and 100 government partners, in 30 U.S. major markets and South Africa. Through its global initiatives and three principal programs, Banking on Our Future, HOPE Coalition America, and HOPE Centers, Operation HOPE has raised more than $400 million for its "silver rights" mission to make free enterprise and capitalism relevant to the underserved.

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