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Tuesday, April 26, 2011

Bobby Kotick's Call of Duty Endowment Awards $500,000 in Grants

By Thomas Earle


On March 11, Activision Blizzard's Call of Duty Endowment awarded $500,000 in grants to organizations specializing in educational services and post military career help for returning U.S. veterans. The Call of Duty Endowment, or CODE, is a non-profit organization committed to the support of our veterans as they transition from military service to civilian life. The five organizations receiving grants from the Endowment include: USO, AMVETS, Military to Medicine, Student Veterans of America and Veterans Green Jobs.

Activision CEO Bobby Kotick started the Call of Duty Endowment in 2009 after he learned of the startling unemployment rates for returning veterans. In the most recent report from the U.S. Bureau of Labor Statistics (BLS) the unemployment rate for young male veterans (ages 18-24) reached a staggering 21.9%. Kotick aim was to provide financial support to job creation and training programs, but also as a means to raise national awareness of the issue of veteran unemployment.

"It is a great honor to support these organizations that are training and placing our military men and women in 21st century careers," said Kotick. "For those who give selflessly to defend our freedom, we must continue to increase the public's awareness of this problem, and we must work together with businesses around the country to find our heroes fulfilling and sustainable jobs."

The five organizations receiving grants from the Call of Duty Endowment each received $100,000 in funding for their diverse programs. Each organization offers veterans different forms of post military career help. The USO will provide career support to wounded warriors and their families. Military to Medicine is a non-profit providing online healthcare training for veterans, while Veterans Green Jobs aims to train veterans in the growing industry of sustainable "green" jobs. Student Veterans of America focuses specifically on younger vets and Amvets operates a pilot job placement program for veterans living in Ohio.

Activision Blizzard is the worldwide leader in videogame production and responsible for record-breaking releases such as the Tony Hawk Pro Skater, Guitar Hero, and Call of Duty series. In November of 2010, Kotick and Activision pledged another $1 million to the Endowment and promised to find 1000 jobs for veterans returning home.




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