Many early comic creators, whose work laid the foundation of entire fictional universes that proved to be highly lucrative for the publishers that profit from them, were often paid little for their work, and were not allowed to keep their creations. According to the Hero Initiative, "to be eligible for financial assistance from Hero, an applicant must have been a working comic book writer, penciler, inker, colorist or letterer on a work-for-hire basis for no less than 10 years since January 1, 1934." Anyone who meets the eligibility requirements may apply for aid, which could vary from medical assistance, paying rent, or finding employment. Hero's benefits are not meant to be a permanent crutch for needy creators, but assistance for those in debt, or who have trouble paying bills. Any granted aid is kept confidential.
The Hero Initiative utilizes many methods of fundraising. Foremost is their annual art auction, auctioning donated original comics art-work at fan conventions. Year-long, they sell donated art and special edition comics at conventions and through the Dynamic Forces website. Artists, writers, and publishers are invited to donate work, and fans are invited to donate money directly to the fund. ACTOR also sells a green Excelsior! wrist-band similar in design to the Livestrong wristband. in 2017, the Arizona Comic Mini Expo held a Drink and Draw event to raise money for the Initiative. Several professional comic book artists provided sketches to be exchanged for donations. The money raised was split between the HERO Initiative and the ACLU of Arizona.
Name
The Hero Initiative was formerly known as A Commitment to Our Roots, or ACTOR, from its founding until September 2006. While the original name of the organization reflected the charity's goal, the acronym that resulted, ACTOR, more often confused people unfamiliar with the organization. In an effort to expand the marketability and fund-raising ability of the charity, the executive board decided to change the name to something more associated with comic books, thus the new name, Hero, named after the common and recognizable comic industry word Superhero.
In 2010, The Hero Initiative created The Dick Giordano Humanitarian of the Year Award, named after former board member Dick Giordano, who had died earlier in the year. The award recognizes one person in comics each year who demonstrates particular generosity and integrity in support of the overall comic book community. It debuted at the 2010 Harvey Awards ceremony held at the Baltimore Comic-Con.