Atlanta — Financial Literacy for All, a national initiative to support embedding financial literacy into American culture, has released the next wave of private sector companies who are committing their organizations to the movement.
General Motors Corp., The Hershey Co. and Tyson Foods, Inc will join other organizations including founding members Walmart Inc., The Walt Disney Co., The National Football League, The National Basketball Association, Delta Air Lines, Inc., Walgreens Boots Alliance, Inc., Bank of America Corp., Khan Academy, Inc., PayPal Holdings, Inc. and Ares Management.
Underscoring the need for financial capability, the National Financial Educators Council estimates that financial illiteracy costs American families an estimated $352 billion in 2021.
Launched May 20, 2021, this 10-year commitment co-chaired by Walmart CEO Doug McMillion and Bryant, will reach millions of youth and working adults enabling them to achieve greater financial success for themselves and their families, according to the company.
“We are honored to have these iconic companies, who represent the best of American ingenuity, lend their influential voice to this movement,” says John Hope Bryant, founder and CEO of Operation HOPE. “We look forward to collaborating with the innovative leadership at General Motors, The Hershey Co. and Tyson Foods to grow our impact as we work to help everyone build a better future.”