Call of Duty Endowment Announces $1.1 Million in 'Chapterization' Grants Supporting Five Veterans Organizations

   Call of Duty Endowment Announces $1.1 Million in 'Chapterization' Grants
                    Supporting Five Veterans Organizations

New veterans' unemployment numbers underscore need to help veterans find jobs

PR Newswire

WASHINGTON, March 20, 2013

WASHINGTON, March 20, 2013 /PRNewswire/ -- The Call of Duty™ Endowment today
announced $1,110,000 in grants to launch its new 'chapterization' model, a
funding strategy whereby grants will be provided to organizations that have
the ability to scale their operations by opening new, regional offices—or
chapters—that offer employment services to veterans.

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The Call of Duty Endowment's announcement comes on the heels of new veterans'
unemployment numbers released today by the Bureau of Labor Statistics (BLS),
which found that the unemployment rate for the youngest veterans (aged 18-24)
remained over 5 percent higher than for their nonveteran counterparts (20.4
percent and 15 percent, respectively). While the annual report demonstrates a
positive trend nationally for the overall veteran unemployment rate, there is
much work to be done, especially for our nation's youngest veterans.

"Since its inception, The Call of Duty Endowment has been focused on providing
grants to organizations that have proven to be the most effective and
efficient in finding jobs for veterans," said Bobby Kotick, CEO of Activision
Blizzard and founder and co-chairman of the Call of Duty Endowment. "Our new
chapterization strategy allows us to continue to have an impact on this
important national issue by applying sound business principles to the veteran
employment effort – and can be a model for the non-profit world. We want to
support organizations that have proven business models and that are able to
apply those best practices in targeted markets where the most veterans have
the most need. By providing the funds to open new chapters in these targeted
areas, we believe that goal will be accomplished."

The Call of Duty Endowment will be making five initial grants in support of
its chapterization strategy. These grants will be provided to: Atlanta,
Georgia-based Hire Heroes USA; Denver, Colorado-based Veterans Green Jobs;
Lanham, Maryland-based AMVETS; Huntsville, Alabama-based Still Serving
Veterans; and the Washington, D.C.-based National Chamber Foundation.

Hire Heroes USA and Veterans Green Jobs will be opening new regional offices
in California (San Diego and Los Angeles, respectively). With more than two
million veterans and an unemployment rate that exceeds 37 percent for veterans
in the 20-24 year-old age group, both organizations recognized California's
critical need for its services, and the Endowment in turn saw an opportunity
to facilitate the organizations' entry into the region through
chapterization.

Still Serving Veterans plans to expand operations to locations with high
veteran populations throughout Alabama, including Mobile, Montgomery, and
Birmingham. AMVETS, one of the largest congressionally-chartered veterans'
service organizations in the United States, will use their grant to open 20
new career centers around the country. The grant to the National Chamber
Foundation will help underwrite hiring fairs through their nationwide Hiring
Our Heroes program.

"We are thrilled the Call of Duty Endowment has demonstrated an ongoing
commitment to our organization by choosing us as a grant recipient under its
new chapterization strategy," stated Brian Stann, President and CEO of Hire
Heroes USA. "Our team is comprised of both military and business veterans with
a passion for decreasing the unemployment rate of the men and women who served
this country, and we look forward to the opportunity to make a difference
through the new California chapter of Hire Heroes USA."

Also today, the Call of Duty Endowment appointed Dan Goldenberg as its first
full-time Executive Director. Goldenberg, who currently serves as a commander
in the Navy Reserve, brings to the job 21 years of active and reserve military
service and more than a decade of business experience – most recently serving
as Sr. Vice President of Growth Partnership Services at Frost & Sullivan, a
global research and management consulting firm. Highlights of his military
service include tours as a commanding officer, carrier-based naval flight
officer, and special assistant to the Secretary of the Navy. Goldenberg is a
graduate of the United States Naval Academy and Harvard Business School. His
strong personal connection to veterans and understanding first-hand the impact
they can have in the civilian workforce will drive CODE's efforts to place
veterans into high quality jobs.

The Call of Duty Endowment was conceived by Bobby Kotick, CEO of Activision
Blizzard and co-chairman of the Call of Duty Endowment, in November of 2009 in
an effort to raise awareness for veterans' unemployment. Since its inception,
the Endowment has provided nearly $2 million in grants and scholarships to
veterans' organizations and colleges throughout the United States to help
servicemen and women transition to civilian careers after active duty service.
These gifts have helped place more than 1,000 veterans in jobs, provided
job-training services to more than 2,500 veterans, and funded more than 30
veterans' college scholarships. On Veterans Day 2011, Activision Publishing
committed an additional $3 million donation to the Call of Duty Endowment for
its veterans' employment campaign.

About the Call of Duty Endowment:
The Call of Duty Endowment (CODE) is a non-profit, public benefit corporation
conceived by Bobby Kotick, CEO of Activision Blizzard. CODE seeks to help
organizations that provide job placement and training services for veterans.
For more information about the Call of Duty Endowment, please visit
www.callofdutyendowment.org.

SOURCE The Call of Duty Endowment

Website: http://www.callofdutyendowment.org
Contact: Lindsay Murphy, +1-202-494-6580, Lindsay@callofdutyendowment.org
 
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