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Tuesday, November 15, 2011

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Showers 50% chance of rain HIGH LOW 69 62

Issue 62 I N D E P E N D E N T

PUBLISHED SINCE 1906 http://utdailybeacon.com

Vol. 118 S T U D E N T

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U N I V E R S I T Y

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5K event helps support ministry for homeless Holly Patton Staff Writer Against the canopy of orange and white, Knoxville lies as the backdrop not only for a population of students and teachers, but also for a number of homeless men and women. While this issue has been addressed in various ways, Eddie Young of Redeemer Church of Knoxville garnered the support of some students and the city to form the non-profit organization, Redeeming Hope Ministries. “Redeeming Hope places a big emphasis on ‘holistic transformation,’” senior Caitlin Wise said. “Our goal is to be their friends and reintroduce them into society.” In addition to building friendships, this nonprofit also provides food supplies for anyone who wishes to participate in the program. “Every first and third Wednesday, we have ‘Food in the Fort,’” Wise said. “You can come and get $75-worth of groceries. We have a partnership with Beardsley Farm, which is local, so we serve some really fresh food.” Redeeming Hope wants to invest in those struggling financially on all levels. The program not only reaches out to those that are on the streets, but also to those that find themselves skating a thin line between those housed and the homeless. “We want to befriend people who could lose it all, who are one electric bill from being homeless,” Wise said. As men and women gather together to collect food on designated Wednesdays, Redeeming Hope also initiated an art class with opportunities to create various paintings and crafts providing a creative outlet that some do not get to express in their everyday lives. “This was our ‘aesthetic portion’ — we wanted them to be exposed to art,” Wise said. “I loved doing it, and there were some really sweet people.” Along with Wise, other students found enjoyment in the time they spent volunteering at Redeeming Hope and in the relationships they established. For Lauren Stephens, junior in child and family studies, it helped to provide a fresh outlook on school and Knoxville itself. “It has opened my eyes to people in Knoxville outside of the university,” Stephens said. “Opening my eyes and heart to the homeless in Knoxville has given me a bigger appreciation for my schooling and privileges I have been blessed

with. I’m able to do something I enjoy — art — with people I don’t normally interact with.” Redeeming Hope operates year-round and finds its support from both students and fundraising events. Running with Hope, their most recent event, drew a multitude of students to Circle Park this past Saturday morning to partake in a 5k race. “Two hundred and fifty-five people participated in the race, but more signed up or donated to Redeeming Hope Ministries,” volunteer Chelsea Knotts said. “The prize for first place men was a $25 gift card to Bonefish Grill, a free kayak rental from River Sports Outfitters, a water bottle from the UT Bookstore, a Sonic card, two Hardee’s cards for a free breakfast, a Wendy’s card for a free frosty. The women’s prize was the same except instead of a Bonefish Grill card, they had a Papa John’s gift certificate for two large pizzas with any toppings.” From the support that came in due to the race, Redeeming Hope welcomed a flood of donations from runners, non-runners, raffles and several other advocates. “The day of the race, around $1,150 was raised in day of registrants, raffles and donations,” Knotts said, “These amounts don’t include the money we raised from a Buffalo Wild Wings percentage night, and the leftover money from the $5,000 Haslam Scholar donation that was used to have the race. I would say we raised around $7,000 for Redeeming Hope Ministries.” Anxiety accompanies any event that requires volunteer participation — worry that no money will be raised, plans will go awry or no one will show up. Running with Hope coordinators, however, found success in the outcome of their endeavors. “I think this event was a great success — 255 participants is amazing for a first time race,” Knotts said. “On top of that, this event has garnered a lot of name recognition for Redeeming Hope Ministries and will help us in the future when we are having future events for this great organization.” Amid the bustling fall that Knoxville generally yields, this non-profit stepped into the limelight to not only raise awareness of the homeless community, but also to encourage student involvement in life beyond Big Orange Country. “Redeeming Hope has made me enjoy the city and makes me want to invest in the people while I’m here,” Stephens said.

Tara Sripunvoraskul • The Daily Beacon

Mark Newman, undecided sophomore, crosses the finish line of the first Running with Hope 5k event at Circle Park on Saturday, Nov. 12. The event, organized by Redeeming Hope Ministries, raised an estimated $7,000 to help support and get the homeless in Knoxville back on their feet.

Council holds financial workshop Caroline Snapp Staff Writer Last Wednesday, UT’s Alumni Association Women’s Council hosted a seminar on how female students can be financially savvy. The free event was held in the UC and was open to all students. Kristen T. Tucker, a UT alumna and investment officer for Wells Fargo, led the seminar which focused on many of the financial hurdles students encounter and how to plan for financial success in the future. The seminar was focused on female students, and Tucker believes it is incredibly important for women to learn how to achieve financial success. “Women are becoming more and more influential in making financial decisions in both households and in businesses,” Tucker said. The hour-and-a-half-long workshop focused on budgeting, saving, managing credit, applying for a loan and even planning for retirement. Tucker began the lecture with an anecdote about her financial troubles as a college student. She believes many college students enter the job market without sufficient financial knowledge, so this kind of workshop can be very beneficial. “I think that coming out of college, you have knowledge of the Tara Sripunvoraskul • The Daily Beacon career, knowledge of the job Deborah Ince, sophomore in journalism and electronic media, talks with a speaker at the Top 25 Initiative dis- you’re hoping to attain, but the cussion in the Baker Center on Thursday, Nov. 10. UT is working hard to become a top 25 public research univer- money that comes along with that we don’t always know what sity, already having improved in a number of areas such as retention rates and research expenditures.

to do with,” Tucker said. “I think having events like this helps to build confidence, helps to better prepare them for those financial decisions they’re going to be making after college and will hopefully put our economy and our country back on track.” The lecture answered many questions that college students might have about finances. Foreign terms such as IRA accounts and mutual funds were explained. Tucker focused on the importance of saving for the future. “Savings is one of the most important things you can do now that will set you up for the future,” Tucker said. She also explained the best ways to acquire credit, how to effectively build one’s credit score and how to keep track of one’s credit. She suggested checking your credit score at least once yearly and to avoid using fad websites to check your credit. She explained that saving should always be a factor when constructing a budget. The event had a large turnout, and at the end Tucker opened the floor to questions, answering students’ questions about mortgages and credit cards, among other things. Candice Patton, a senior, thought the seminar was very helpful. “I mean, there’s a lot of questions (about finances) that I can’t even ask my parents and get a clear answer, so it answered all of my questions,” Patton said.


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