Call of Duty™ Endowment Hits Goal of Placing 50,000 Veterans in Meaningful Employment Ahead of Schedule
October 15 2018 - 9:00AM
Business Wire
Doubles Down and Commits to Placing 100,000
Veterans Into High-Quality Jobs By 2024
The Call of Duty™ Endowment (“the Endowment”) today announced
that it has reached its goal of funding the placement of 50,000
veterans into high-quality jobs ahead of schedule. Now, the
Endowment is doubling down with a new goal of securing placements
for a total of 100,000 veterans by 2024. Thanks to the work being
done by the Endowment, veterans in the United States and United
Kingdom have found premier opportunities with hundreds of companies
including Amazon, Apple, Bank of America, Deloitte, Delta, IBM,
Lockheed Martin, Microsoft, Nike, and SpaceX.
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The Call of Duty Endowment Hits Goal of
Placing 50,000 Veterans in Meaningful Employment Ahead of Schedule
(Graphic: Business Wire)
“The Call of Duty Endowment has exceeded expectations and
continues to benefit the lives of veterans and their families,
significantly giving back to those who sacrificed for others,” said
Bobby Kotick, CEO of Activision Blizzard and co-founder of the
Endowment. “With U.S. and U.K. veteran unemployment and
underemployment challenges persisting, I am thrilled
to advance our efforts with a new, ambitious goal of
securing employment for 100,000 veterans by 2024.”
When the Call of Duty Endowment was established in 2009, its
initial goal was to identify and fund best-in-class organizations
to place 25,000 U.S. veterans in jobs by the end of 2018. That goal
was met two years early, and was subsequently revised to place
50,000 veterans into high-quality jobs by 2019.
“The Call of Duty Endowment is making a remarkable impact in the
lives of our veterans,” said General James L. Jones (USMC, Ret.),
Co-Chairman of the Endowment. “High-quality, meaningful employment
is imperative to their successful transition back to civilian life
and the Endowment’s focus on these efforts is unmatched.”
To help place veterans in high-quality jobs, the Endowment works
with carefully vetted, high-performing veteran employment
organizations through its prestigious Seal of Distinction program
in partnership with Deloitte. The Seal of Distinction program
bestows awards annually to the highest performing non-profits that
meet the Endowment’s benchmarks in effectiveness, efficiency, and
integrity in placing veterans in high-quality jobs. In 2017, the
Endowment expanded its reach overseas, identifying and forging
partnerships with a select group of U.K.-based veteran’s
charities.
“Placing fifty thousand veterans in meaningful jobs is
significant—that’s the equivalent of more than half the U.S. Army’s
annual recruit class. By finding and funding world-class
organizations and with the unwavering support
of Activision Blizzard, we were able to reach our goal ahead
of schedule," said Dan Goldenberg, executive director of the
Endowment. “Our approach is to marry common sense business
practices with philanthropy, which enables us to place vets in jobs
at about 1/6 the cost per placement of U.S. Department of Labor
efforts. We are proud of, and share this achievement with, all of
our grantees who have worked tirelessly towards our shared
goal.”
To date, the Endowment has awarded more than $28 million in
grants to Seal of Distinction recipients, and Activision Blizzard
has donated over $31 million to the Endowment—at an average
cost-per-placement of $505, year-to-date. In addition to providing
funding to leading veterans’ employment organizations, the
Endowment partners with its grantees to provide advice and support
aimed at helping them sharpen their already top-notch
operations.
About Activision Blizzard, Inc.
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, public benefit
organization 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.
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SouleJeremy.soule@activision.com
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