Operation HOPE (HOPE) and MasterCard have created the Joint Framework of Financial Literacy and Empowerment. The partnership is designed to demonstrate the payment card industry's commitment to financial literacy and empowerment.
As partners in financial literacy, HOPE and MasterCard focus on several specific issues related to financial education and empowerment.
HOPE and MasterCard commit to and encourage payment card industry companies to provide transparency and educational tools about products and services to enable consumers to make informed choices.
Adult Financial Education and Empowerment
HOPE and MasterCard will work closely with community-based organizations across the U.S. to provide financial literacy instruction for adults.
Digital and Web Support
MasterCard and HOPE will encourage high-quality web-based tools aimed at helping consumers take control of their personal finances.
MasterCard and HOPE will work to achieve the goal of universal financial literacy in the U.S. and around the globe.
MasterCard volunteers will be available for HOPE, to help teach financial literacy and encourage other companies to engage. A goal is set to have 5,000 U.S. volunteers industry-wide in five years.
MasterCard and HOPE will encourage all colleges and universities to mandate financial literacy and empowerment course work for their students.
We strongly believe that no one should be shut out of the global economy because of a lack of financial knowledge — and several other organizations agree with us.
MasterCard has partnered with the international nonprofit Grameen Foundation, as it works to improve and extend microfinance around the world using cutting-edge technology.
MasterCard is working with the Network for Teaching Entrepreneurship (NFTE) to deliver entrepreneurship education to at-risk youth in low-income communities.
For over a decade, MasterCard has partnered with Junior Achievement to deliver a financial skills curriculum to students in Europe.
The National Center for Teaching Financial Literacy (NCFTL) delivers financial literacy and capability to those most in need.
MORE THINGS TO EXPLORE
MasterCard Worldwide gave $1 million to the Network for Teaching Entrepreneurship (NFTE) to support programs for students in across the U.S.
Parents can make back-to-school shopping less stressful — but planning ahead is critical.
To help consumers save well and spend wisely, MasterCard has created a site full of tools, resources, tips, links and more to help consumers keep their financial life pointed in the right direction.