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Empowering the Korean American Church Community - Pt 1
INTRODUCTION
She works as a venture capitalist for Renaissance Capital Partners - an affiliation of FAME Renaissance (First AME Church) and Hancock Park Associates.
In her role, she has been responsible for managing the fund by generating potential new deals, reviewing, analyzing and presenting business opportunities.
A unique aspect of this fund is its goal of investing in businesses that foster economic development in impoverished areas.
In spite of these challenges,
it has been amazing to see God at work, as He miraculously provided the right partners to come along and take on each challenge. Thus, this report is a culmination of my contact and interview with the various partners whom God has sent to accomplish this task. I have to state that after this experience, I can whole-heartedly agree with the saying, "When you have God on your side, who can defeat you." A list of the partners and their role is listed at the end of this report. (See Korean American Church Workshop Resources Synopsis below.)
Churches United for Economic Dev.
LAVA (L.A. Venture Association)
Korea Study Task Force
Sponsorship Professionals Association
Korean Interfaith Collaborative
Yet in the midst
of all these vibrant activities and organizations, I have come to observe that the Korean American church community in general is very unaware of the resources that are available to leverage their current social services and ministries. For the few who are somewhat aware, the language barrier and the wall of bureaucracy that exists between them and the resources are more than enough to discourage their pursuit. Thus my role in this effort has been to seek solutions to minimize the barriers and to raise the comfort level to encourage them on this challenging but rewarding path.
The remaining portion
of this report provides a description of the various partners who have helped in my research ad have committed to being partners in this endeavor.
FIRST AME CHURCH AND FAME RENAISSANCE
CHURCHES UNITED FOR ECONOMIC DEVELOPMENT
Prior to Renaissance Capital Partners, Hyepin, was the Sponsorship Manager for the new California Science Center, a three phase $265 million expansion and renovation of the California Museum of Science and Industry.
In her position, Hyepin was responsible for generating revenue for the Science Center by securing corporate sponsors for a variety of institutional assets.
CUED'S mission is
is "to be agents of social transformation by serving members, promoting economic development, facilitating training and education, providing technical assistance and advocating for churches by engaging the private and public sectors." CUED defines itself as an "association of Christian churches and other organizations formed to carry out the vision and the mission by becoming churches' Chamber of Commerce and forming a banking collective. Every year, CUED has put on workshops to share its knowledge with other churches. This year, CUED worked in conjunction with the Department of Housing and Development (HUD) to cosponsor HUD's conference called "Creating Partnerships for Renewed Hope."
Since my introduction to CUED, I have been involved in CUED on several fronts including being a Steering Committee Member, recruiting new Steering Committee Members, and reaching out to the Korean American churches.
Click HERE to go to Part 3 and HERE to go to Part 4
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