Frank Hanna III

Frank J. Hanna III is an American entrepreneur, merchant banker and philanthropist. He was one of three entrepreneurs profiled in the Acton Institute's documentary film The Call of the Entrepreneur.[1]

This article is about the American merchant banker and philanthropist. For the Irish politician by the same name, see Frank Hanna.
Frank Hanna III

Hanna has been described as "one of the leading Catholic philanthropists in the USA."[2]

Education and Career

Frank was a corporate attorney with Troutman Sanders, an Atlanta law firm.[3] Since 2006, he has served as CEO of the family's investment firm, Hanna Capital, LLC.[4]

After studying at the University of Georgia, where he earned BBA and JD degrees,[5] Hanna and his younger brother David[6] devised a method for helping companies rid themselves of unwanted loans. This led to the brothers' founding an investment firm they later sold.[7] Further, the brothers began CompuCredit Corp., a company that markets credit cards to higher-risk consumers.[8]

Public service

Hanna has helped start and fund two schools in Atlanta, serving on the boards of each: Holy Spirit Preparatory School, and Holy Spirit College[9]

Holy Spirit Prep provides an intense high-school curriculum that it claims rivals that of many four-year colleges, and has been recognized as one of the Top 50 Catholic High Schools in the country.[10][11]

In addition, in 2002, Hanna was chosen by George W. Bush to be co-chair of the President's Advisory Commission on Educational Excellence for Hispanic Americans and oversaw the production and delivery of its report to the President: "From Risk to Opportunity."[12][13]

Further, Hanna supports groups that promote the educational and religious liberty that he believes are critical to the nation’s future including the Federalist Society, the Becket Fund for Religious Liberty, and the Acton Institute. He also supports, serves on the board, or is otherwise affiliated with the American Enterprise Institute, Ethics and Public Policy Center, the Institute for Marriage and Public Policy, and The Philanthropy Roundtable.

Catholic service

Frank has spoken to Catholic leaders at conferences at the Vatican and has often been a featured guest on local and national media programs.[14]

He is the founder and currently a director of The Solidarity Association, an Association of the Christian Faithful established with the approval and guidance of the late Archbishop John F. Donoghue.[15] The Association seeks to strengthen and renew the Church by assisting in critical missions within the Church for which others may not be equipped. Although the Solidarity Association is best known for its purchase and donation of the Mater Verbi (Hanna) Papyrus to the Vatican Apostolic Library (see below), it also devotes itself, in particular, to the causes of Catholic education, evangelization, and Catholic formation.

Frank serves (or has served) on the boards of the EWTN, and the Institute for Psychological Sciences. He is currently on the advisory boards of the Catholic Leadership Institute, Seton Education Partners, The Sanctuary of Culture Foundation, and the School of Business and Economics of the Catholic University of America.[16]

He also supports or is otherwise affiliated with FOCUS (The Fellowship of Catholic University Students), Lumen Institute, The Pontifical North American College, and Sophia Institute Press.

The Bodmer Papyrus

By means of The Solidarity Association,[15] Hanna obtained from the Bodmer Foundation in Cologny, Switzerland, portions of the 14-15 Bodmer Papyri, P75), dating from between A.D. 175 and 225. The papyrus includes the oldest extant copy of portions of the Gospels of Luke and John as well as the oldest transcription of the "Our Father." In January 2007, Hanna presented the papyrus to Pope Benedict XVI in a ceremony at the Vatican.[17]

"The papyrus contains about half of each of the Gospels of Luke and John. It was written in Egypt and perhaps used as a liturgical book," explained Cardinal Tauran, an archivist and librarian. . In the future, excerpts may be put on display for the general public.[18]

What Your Money Means

Published in 2008, What Your Money Means (And How to Use It Well),[19] which lays out paradigms for a fruitful and genuine ethical engagement with wealth and delineates prudent, efficient philanthropic strategies.[20]

In it, Hanna turns to the wisdom of various ages and cultures to affirm the fundamental premise that no matter how much of the goods of the earth we may acquire individually, we are never more than stewards of those goods, called to use them for our own good and the good of others.

About this book, Tom Monaghan, founder of Domino's Pizza said "I highly recommend this book to everyone who plans to engage in charitable giving no matter how much money they may have to give."

A Graduate's Guide to Life

In 2017, Beacon Publishing published A Graduate's Guide to Life: Three Things They Don't Teach You in College That Could Make All the Difference.[21]

In George Weigel's First Things magazine article, "The Summer Reading List", he notes that the book "offers those just getting started in life nuggets of wisdom, drawn from the experience of a successful Catholic entrepreneur and generous philanthropist."[22]

Honours

Orders

Philanthropic

In recognition of his decades of sustained public service in education and other fields, Frank has received the Philanthropy Roundtable's William E. Simon Prize for Philanthropic Leadership "for his national leadership in K-12 education reform."[10][23] as well as the David R. Jones Award for Philanthropic Leadership[24] awarded by the Fund for American Studies.[16]

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References
  1. "The Call of the Entrepreneur". www.calloftheentrepreneur.com.
  2. Hudson, Deal W. "Money: Making It, Spending It, Giving It Away." Catholic Online. 23 October 2008. Archived 2009-05-15 at the Wayback Machine
  3. "Profile: Frank J. Hanna." Forbes
  4. http://hannacapitalllc.com/who_we_are_frank.html
  5. "Archived copy". Archived from the original on 2009-04-13. Retrieved 2009-05-03.CS1 maint: archived copy as title (link)
  6. David Hanna is currently the CEO and Chairman of the Board of Atlanticus.
  7. Brooks, Arthur C. "Q&A: Frank Hanna on the Meaning of Money", Reader's Digest (April 2009)
  8. Lerner, Jill. "CompuCredit's $500 million men". bizjournals.com. American City Business Journals. Retrieved 4 January 2019.
  9. "Governance". holyspiritprep.org.
  10. "The Call of the Philanthropist", Philanthropy. October 1, 2007
  11. https://web.archive.org/web/20131011152042/http://www.cardinalnewmansociety.org/CatholicEducationDaily/DetailsPage/tabid/102/ArticleID/1567/Nation%E2%80%99s-Top-50-Catholic-High-Schools-Announced.aspx
  12. "Acton Institute Board of Directors Member Appointed to Co-Chair President's Commission on Educational Excellence for Hispanic Americans." Acton Institute. 30 January 2002.
  13. "From Risk to Opportunity."
  14. "Hanna speaks at Eucharistic Congress". solidarityassociation.com.
  15. "Frank Hanna". solidarityassociation.com. Solidarity Association. January 24, 2007.
  16. "Frank Hanna III". hannacapitalllc.com.
  17. "Gospel Papyrus Donated to Vatican – ZENIT – English". www.zenit.org.
  18. "Ancient papyrus given to the Vatican". solidarityassociation.com. Solidarity Association. January 24, 2007.
  19. Hanna, Frank J. (1 September 2008). "What Your Money Means: And How to Use It Well". The Crossroad Publishing Company – via Amazon.
  20. "Excellence in Philanthropy - The Philanthropy Roundtable".
  21. "A Graduate's Guide to Life - Beacon Publishing". Beacon Publishing. Retrieved 2018-02-27.
  22. "The Summer Reading List | George Weigel". First Things. Retrieved 2018-02-27.
  23. "Excellence in Philanthropy - The Philanthropy Roundtable".
  24. Archived 2014-11-29 at the Wayback Machine
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