The Call of Duty Endowment, a veterans' employment campaign, will launch a new ‘chapterization' model using $1,110,000 in grants to help veteran employment services organizations to scale their operations.
Five initial grants will be made to Atlanta, Georgia-based Hire Heroes USA, who will open new offices in San Diego; Denver, Colorado-based Veterans Green Jobs, who will open offices in Los Angeles; Lanham, Maryland-based AMVETS; Huntsville, Alabama-based Still Serving Veterans; and the Washington, D.C.-based National Chamber Foundation.
"We are thrilled theEndowment 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 HeroesUSA."
The announcement comes after the Bureau of Labor Statistics (BLS) released veterans' unemployment numbers today. The numbers show that the unemployment rate for veterans aged between 18 and 24-years old was at 20.4 percent, 5 percent higher than their nonveteran counterparts at 15 percent.
"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," Kotick said in a prepared statement. "By providing the funds to open new chapters in these targeted areas, we believe that goal will be accomplished."
The Call of Duty Endowment also announced today that it has appointed its first full-time Executive Director Dan Goldenberg, who has 21 years of active and reserve military service and currently serves as a commander in the Navy Reserve.
Founded by Kotick in November, 2009, the Endowment has placed more than 1,000 veterans in jobs, given job-training services to more than 2,500 veterans, and donated nearly $2 million in grants and scholarships to U.S. veterans' organizations and colleges.
In 2011, Activision Publishing made a $3 million donation to the Endowment.
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