Hammonds Initiative introduces the “Say H.I. to the Future” YFL ™ program to promote generational wealth and to encourage investing within the Black community. For each youth, H.I. will be planting a seed of $100 for them to open up a savings account with a black-owned financial institution. We will also cover the first year’s payments for each child’s Whole Life insurance policy valued at $50k.
*For youth(s) aged 12-18. Acceptance into the program is on a first come first serve basis. Participants will be notified once registration is complete. Seating is limited.
WHAT WILL EACH PARTICIPATING YOUTH GAIN?
$50K WHOLE LIFE INSURANCE POLICY *1st year paid
NEW SAVINGS ACCOUNT
$100 SEED FOR NEW SAVINGS ACCOUNT
A NEW AND EMPOWERED WAY OF THINKING