International Profit Associates Employee Volunteers For Operation Hope
International Profit Associates (IPA-IBA) employee, Marcy Soskin, recently spoke
with and taught a group of students gathered from local schools as part of
Operation HOPE’s
Banking On Our Future (BOOF) program.
The program provides financial education for students ages 9-18 at no cost to school
districts. Soskin, along with 22 other International Profit Associates employees, are
currently engaged in a volunteer process which involves furthering students’ financial
educations. IPA volunteers will be instructing Lake County youth for one hour, four
times per month.
"It was one of my most rewarding experiences," said Soskin. "I never realized that
children were not taught the very basics of banking and budgeting in school. They were
unaware of services banks offer, how to earn interest or even how to calculate personal
budgets. I taught them how to understand a paycheck, how to ensure the correct amount
of taxes were deducted and how to account for insurance costs. I only wish I had more
time to teach them."
The BOOF program consists of four modules: (1) Basics of Banking and Financial Services;
(2) Checking and Savings Accounts; (3) The Power of Credit; and (4) Basic Investments.
Soskin, along with her fellow Operation HOPE
Corp. volunteers, are in training to break
down their knowledge of banking and credit into terms youth can understand and utilize.
During the next few months, the volunteers will continue to meet with Operation HOPE
and Bill Robinson, the program manager and trainer for the Chicago metro area.
Operation HOPE, Inc. (OHI) is a non-profit, public benefit organization. OHI was founded
immediately following the civil conflict that took place in Los Angeles April 19, 1992.
One of OHI’s goals is to serve as a bridge between mainstream and minority communities by
promoting the development of inner-city and under-served communities. Through numerous
public/private partnerships and strategic alliances, OHI has developed various programs
like BOOF which seek to connect the minority community with mainstream, private sector
resources. For more information please visit www.operationhope.org.
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