Call of Duty Endowment Launches in UK to Help Veterans Find High-Quality Employment
September 08 2017 - 3:01AM
Business Wire
First Digital Personalisation Pack Available
in UK on September 8th with Proceeds Received by
Activision Going to Endowment Programmes
The Call of Duty™ Endowment, a US charitable fund that provides
grants to help veterans find high-quality employment, is expanding
its support to the UK.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170908005152/en/
Call of Duty Endowment Double Duty Pack
Image (Photo: Business Wire)
The Call of Duty Endowment (“The Endowment”) is a non-profit,
private foundation founded in 2009 by Bobby Kotick, the CEO of
Activision Blizzard. It is co-chaired by General James L. Jones,
former NATO Commander and National Security Advisor to President
Barack Obama and is led by Dan Goldenberg, a veteran and captain in
the US Navy Reserve.
The Endowment was initially established in the US to identify
and fund best-in-class organisations to place 25,000 veterans in
jobs by the end of 2018. That goal was met two years early, and has
subsequently and ambitiously been revised to placing 50,000
veterans into high-quality jobs by 2019.
Providing more than £19 million pounds in funding and other
support to best-in-class non-profit organisations, the programme
has placed more than 37,000 US veterans into full-time jobs with an
average 2016 starting salary of £42,000. As a result, the Endowment
has helped veterans capture over £1.3 billion in first year
salaries and demonstrated the value of veterans in the civilian
workplace to companies across the US.
The expansion of its activities to the UK will seek to identify
and forge partnerships with a select group of UK charities, to be
announced in the coming months.
To fund UK Endowment programmes, Activision today announced The
Call of Duty Endowment Double Duty Calling Card for Call of Duty®:
Black Ops III is available in the UK. Designed by Treyarch, the
animated Calling Card allows players to view a service member
transform before their eyes from a uniformed warrior to a civilian
on their way to work, showing their donation’s meaningful impact on
the veteran community. In addition to the animated Calling Card,
the pack includes three rare supply drops. All proceeds received by
Activision, as a result of sales of these digital items to UK
consumers, will go towards Endowment programmes dedicated to
finding veterans high quality work.
“Our expansion to the UK was a natural move–with a long-standing
ally whose armed forces have served so closely with those of the
US,” said Dan Goldenberg, Executive Director of the Endowment.
Through its Seal of Distinction program, enabled via a pro bono
relationship with Deloitte, the Endowment identifies and evaluates
veteran-serving non-profit organizations that effectively connect
recent military veterans with real career opportunities. UK
application criteria include:
- Organisation must undergo a review and
evaluation process, as well as have a mission that includes
directly assisting unemployed and underemployed veterans to find
high quality jobs;
- Group must complete an application,
provide requested documentation and be prepared to submit to
verification procedures by Deloitte; and
- Applicants will be assessed by metrics
including, the number of veterans placed in jobs, the quality of
those placements, average cost-per-placement, average starting
salary, six-month retention rate, and a variety of organisational,
financial and other health indicators and requirements.
Winners receive a £23,000 unrestricted grant that supports their
organisation’s efforts to place veterans in meaningful jobs
followed by the opportunity to earn restricted grants that have
historically averaged more than £450,000.
About Activision Blizzard:
Activision Blizzard, Inc., a member of the Fortune 500 and
S&P 500, is the world's most successful standalone interactive
entertainment company. We delight hundreds of millions of monthly
active users around the world through franchises including
Activision's Call of Duty®, Destiny and Skylanders®, Blizzard
Entertainment's World of Warcraft®, Overwatch®, Hearthstone®,
Diablo®, StarCraft®, and Heroes of the Storm®, and King's Candy
Crush™, Pet Rescue™, Bubble Witch™ and Farm Heroes™. The company is
one of the Fortune "100 Best Companies To Work For®." Headquartered
in Santa Monica, California, Activision Blizzard has
operations throughout the world, and its games are played in 196
countries. More information about Activision Blizzard and
its products can be found on the company's
website, www.activisionblizzard.com.
About the Call of Duty Endowment:
The Call of Duty Endowment is a non-profit foundation co-founded
by Bobby Kotick, CEO of Activision Blizzard. The Endowment helps
veterans find high-quality careers by supporting groups that
prepare them for the job market and by raising awareness of the
value vets bring to the workplace. For more information about the
Call of Duty Endowment, please visit
www.callofdutyendowment.org.
ACTIVISION and CALL OF DUTY are trademarks of Activision
Publishing, Inc. All other trademarks and trade names are the
properties of their respective owners.
Cautionary Note Regarding Forward-looking Statements:
Information in this press release that involves Activision
Blizzard's expectations, plans, intentions or strategies regarding
the future, including statements about the availability and
features of the The Call of Duty Endowment Double Duty Calling
Card, are forward-looking statements that are not facts and involve
a number of risks and uncertainties. Factors that could cause
Activision Publishing's actual future results to differ materially
from those expressed in the forward-looking statements set forth in
this release include unanticipated product delays and other factors
identified in the risk factors sections of Activision Blizzard's
most recent annual report on Form 10-K and any subsequent quarterly
reports on Form 10-Q. The forward-looking statements in this
release are based upon information available to Activision
Publishing and Activision Blizzard as of the date of this release,
and neither Activision Publishing nor Activision Blizzard assumes
any obligation to update any such forward-looking statements.
Forward-looking statements believed to be true when made may
ultimately prove to be incorrect. These statements are not
guarantees of the future performance of Activision Publishing or
Activision Blizzard and are subject to risks, uncertainties and
other factors, some of which are beyond its control and may cause
actual results to differ materially from current expectations.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170908005152/en/
Rubenstein CommunicationsJoy Phillips,
212-843-8096jphillips@rubenstein.com
Activision Blizzard (NASDAQ:ATVI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Activision Blizzard (NASDAQ:ATVI)
Historical Stock Chart
From Sep 2023 to Sep 2024