Frank J. Hanna III
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Frank J. Hanna III is an American
entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
,
merchant banker A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodi ...
and
philanthropist Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...
. He was one of three entrepreneurs profiled in the
Acton Institute The Acton Institute for the Study of Religion and Liberty is an American research and educational institution, or think tank, in Grand Rapids, Michigan, (with an office in Rome) whose stated mission is "to promote a free and virtuous society ch ...
and
PBS The Public Broadcasting Service (PBS) is an American public broadcasting, public broadcaster and Non-commercial activity, non-commercial, Terrestrial television, free-to-air television network based in Arlington, Virginia. PBS is a publicly fu ...
documentary film '' The Call of the Entrepreneur''. Hanna has been described as "one of the leading
Catholic The Catholic Church, also known as the Roman Catholic Church, is the largest Christian church, with 1.3 billion baptized Catholics worldwide . It is among the world's oldest and largest international institutions, and has played a ...
philanthropists in the USA."


Education and Career

Hanna was a corporate attorney with
Troutman Sanders Troutman Pepper Hamilton Sanders LLP, known as Troutman Pepper, is an American law firm with more than 1,200 attorneys located in 23 U.S. cities. In terms of revenue it placed 47th on The American Lawyer's 2022 AmLaw 100 rankings of U.S. law fi ...
, a multi city law firm headquartered in Atlanta. Since 2006, he has served as
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of the family's investment firm, Hanna Capital, LLC. After studying at the
University of Georgia , mottoeng = "To teach, to serve, and to inquire into the nature of things.""To serve" was later added to the motto without changing the seal; the Latin motto directly translates as "To teach and to inquire into the nature of things." , establ ...
, where he earned BBA and JD degrees, Hanna and his younger brother David devised a method for helping companies rid themselves of unwanted loans. This led to the brothers' founding an investment firm they later sold.Brooks, Arthur C. "Q&A: Frank Hanna on the Meaning of Money", ''Reader's Digest'' (April 2009

/ref>


Public service

Hanna has helped start and fund two schools in Atlanta, serving on the boards of each:
Holy Spirit Preparatory School Holy Spirit Preparatory School (abbreviated HSP) is an independent, Roman Catholic preparatory school located in Atlanta and Sandy Springs, Georgia. It was originally established in 1996 as Donnellan School. Location and administration Pre-K4 ...
and Holy Spirit College. 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."The Call of the Philanthropist", ''Philanthropy''. October 1, 2007
/ref> In addition, in 2002, Hanna was chosen by
George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...
to be co-chair of the
President's Advisory Commission on Educational Excellence for Hispanic Americans The White House Initiative on Educational Excellence for Hispanics is a multi-agency working group within the Department of Education charged with strengthening the nation's capacity to provide high-quality education while increasing opportunitie ...
and oversaw the production and delivery of its report to the President: "From Risk to Opportunity." 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 Federalist Society for Law and Public Policy Studies (abbreviated as FedSoc) is an American conservative and libertarian legal organization that advocates for a textualist and originalist interpretation of the U.S. Constitution. Headquartered ...
, the
Becket Fund for Religious Liberty Becket Law (formerly the Becket Fund for Religious Liberty) is a non-profit public interest law firm based in Washington, D.C., that describes its mission as "defending the freedom of religion of people of all faiths." Becket promotes accommodat ...
, and the
Acton Institute The Acton Institute for the Study of Religion and Liberty is an American research and educational institution, or think tank, in Grand Rapids, Michigan, (with an office in Rome) whose stated mission is "to promote a free and virtuous society ch ...
. He also supports, serves on the board, or is otherwise affiliated with the
American Enterprise Institute The American Enterprise Institute for Public Policy Research, known simply as the American Enterprise Institute (AEI), is a center-right Washington, D.C.–based think tank that researches government, politics, economics, and social welfare. ...
,
Ethics and Public Policy Center The Ethics and Public Policy Center (EPPC) is a conservative, Washington, D.C.-based think tank and advocacy group. Founded in 1976, the group describes itself as "dedicated to applying the Judeo-Christian moral tradition to critical issues of pub ...
, the Institute for Marriage and Public Policy, and The Philanthropy Roundtable.


Catholic service

Hanna has spoken to Catholic leaders at conferences at the
Vatican Vatican may refer to: Vatican City, the city-state ruled by the pope in Rome, including St. Peter's Basilica, Sistine Chapel, Vatican Museum The Holy See * The Holy See, the governing body of the Catholic Church and sovereign entity recognized ...
and has often been a featured guest on local and national media programs. 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. 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 (portions of the
Bodmer Papyri The Bodmer Papyri are a group of twenty-two papyri discovered in Egypt in 1952. They are named after Martin Bodmer, who purchased them. The papyri contain segments from the Old and New Testaments, early Christian literature, Homer, and Menander ...
) to the
Vatican Apostolic Library The Vatican Apostolic Library ( la, Bibliotheca Apostolica Vaticana, it, Biblioteca Apostolica Vaticana), more commonly known as the Vatican Library or informally as the Vat, is the library of the Holy See, located in Vatican City. Formally es ...
, it also devotes itself, in particular, to the causes of Catholic education, evangelization, and Catholic formation. Hanna serves (or has served) on the boards of the
EWTN The Eternal Word Television Network, more commonly known by its initials EWTN, is an American basic cable television network which presents around-the-clock Catholic-themed programming. It is not only the largest Catholic television network in ...
, 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
Busch School of Business The Tim and Steph Busch School of Business is the business school of the Catholic University of America, located in Washington, D.C. (USA), and one of the twelve schools of the university. History The Catholic University of America announce ...
of the
Catholic University of America The Catholic University of America (CUA) is a private Roman Catholic research university in Washington, D.C. It is a pontifical university of the Catholic Church in the United States and the only institution of higher education founded by U.S. ...
. He also supports or is otherwise affiliated with FOCUS (the
Fellowship of Catholic University Students The Fellowship of Catholic University Students (FOCUS) is a Catholic outreach program for American college students founded in 1997 by Curtis Martin and Dr. Edward Sri at Benedictine College. Origin and purpose FOCUS exists to evangelize. The mi ...
), Lumen Institute, the
Pontifical North American College The Pontifical North American College (NAC) is a Catholic Church, Roman Catholic educational institution in Rome, Italy, that prepares seminarians to become priests in the United States and elsewhere. The NAC also provides a residence for Pri ...
, and
Sophia Institute Press Sophia Institute Press is a non-profit publishing company based in Nashua, New Hampshire, United States. It publishes Catholic books, the online opinion journal ''Crisis Magazine'', the traditionalist Catholic website ''OnePeterFive'', the Trid ...
.


The Bodmer Papyrus

By means of The Solidarity Association, Hanna obtained from the Bodmer Foundation in
Cologny Cologny () is a Municipalities of Switzerland, municipality in the Canton of Geneva, Switzerland. History Cologny is first mentioned in 1208 as ''Colognier''. The oldest trace of a settlement in the area is a Neolithic lake side village which ...
, Switzerland, portions of the 14-15
Bodmer Papyri The Bodmer Papyri are a group of twenty-two papyri discovered in Egypt in 1952. They are named after Martin Bodmer, who purchased them. The papyri contain segments from the Old and New Testaments, early Christian literature, Homer, and Menander ...
( P75), dating from between A.D. 175 and 225. The papyrus includes the oldest extant copy of portions of the Gospels of
Luke People *Luke (given name), a masculine given name (including a list of people and characters with the name) *Luke (surname) (including a list of people and characters with the name) *Luke the Evangelist, author of the Gospel of Luke. Also known as ...
and
John John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second ...
as well as the oldest transcription of the "
Our Father The Lord's Prayer, also called the Our Father or Pater Noster, is a central Christian prayer which Jesus taught as the way to pray. Two versions of this prayer are recorded in the gospels: a longer form within the Sermon on the Mount in the Gosp ...
." In January 2007, Hanna presented the papyrus to
Pope Benedict XVI Pope Benedict XVI ( la, Benedictus XVI; it, Benedetto XVI; german: link=no, Benedikt XVI.; born Joseph Aloisius Ratzinger, , on 16 April 1927) is a retired prelate of the Catholic church who served as the head of the Church and the sovereign ...
in a ceremony at the Vatican. "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.


''What Your Money Means''

Published in 2008, ''What Your Money Means (And How to Use It Well)'', which lays out paradigms for a fruitful and genuine ethical engagement with wealth and delineates prudent, efficient philanthropic strategies. 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 Thomas Stephen Monaghan (born March 25, 1937) is an American entrepreneur who founded Domino's Pizza in 1960. He owned the Detroit Tigers from 1983 to 1992. Monaghan also owns the Domino's Farms Office Park, located in the Ann Arbor Charter Town ...
, 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''. 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."


Honours


Orders

* :
Knight A knight is a person granted an honorary title of knighthood by a head of state (including the Pope) or representative for service to the monarch, the church or the country, especially in a military capacity. Knighthood finds origins in the Gr ...
of the
Grand Cross Grand Cross is the highest class in many orders, and manifested in its insignia. Exceptionally, the highest class may be referred to as Grand Cordon or equivalent. In other cases, there may exist a rank even higher than Grand Cross, e.g. Grand ...
of the
Order of St. Gregory the Great The Pontifical Equestrian Order of St. Gregory the Great ( la, Ordo Sancti Gregorii Magni; it, Ordine di San Gregorio Magno) was established on 1 September 1831, by Pope Gregory XVI, seven months after his election as Pope. The order is one of ...
by
Pope Benedict XVI Pope Benedict XVI ( la, Benedictus XVI; it, Benedetto XVI; german: link=no, Benedikt XVI.; born Joseph Aloisius Ratzinger, , on 16 April 1927) is a retired prelate of the Catholic church who served as the head of the Church and the sovereign ...
* : Knight of the
Order of the Holy Sepulchre The Equestrian Order of the Holy Sepulchre of Jerusalem ( la, Ordo Equestris Sancti Sepulcri Hierosolymitani, links=yes, OESSH), also called Order of the Holy Sepulchre or Knights of the Holy Sepulchre, is a Catholic Church, Catholic order of ...
* : Knight of the
Sovereign Military Order of Malta The Sovereign Military Order of Malta (SMOM), officially the Sovereign Military Hospitaller Order of Saint John of Jerusalem, of Rhodes and of Malta ( it, Sovrano Militare Ordine Ospedaliero di San Giovanni di Gerusalemme, di Rodi e di Malta; ...


Philanthropic

In recognition of his decades of sustained public service in education and other fields, Frank has received the
Philanthropy Roundtable The Philanthropy Roundtable is a nonprofit organization that advises conservative philanthropists. History The Roundtable was founded in 1987 as a project of the now-defunct Institute For Educational Affairs. It was founded as a conservative al ...
's
William E. Simon Prize for Philanthropic Leadership The William E. Simon Prize for Philanthropic Leadership is an annual award given by the William E. Simon Foundation in honor of its founder, former Secretary of the Treasury and financier William E. Simon, and administered by the Philanthropy Ro ...
"for his national leadership in K-12 education reform", as well as th
David R. Jones Award for Philanthropic Leadership
re

awarded by
The Fund for American Studies The Fund for American Studies is a conservative non-profit organization based in Washington, D.C. Founded in 1967, the organization's mission is "to win over each new generation to the ideas of liberty, limited government and free markets." Hist ...
.


References


External links


Biography

Forbes magazine's profile of Frank J. Hanna III

Biography at Frank-J-Hanna.com

A family of entrepreneurs

Frank Hanna Interview with The Philanthropy Roundtable

Updates on Past Simon Prize Winners 2001–2013: Frank Hanna
* {{DEFAULTSORT:Hanna, Frank, III 1960s births Date of birth missing (living people) Living people Businesspeople from Atlanta Terry College of Business alumni American financial businesspeople American Roman Catholics Knights of Malta Roman Catholic activists American Enterprise Institute Knights Grand Cross of the Order of St Gregory the Great Knights of the Holy Sepulchre Acton Institute University of Georgia School of Law alumni