Legal Niches

CODE Doles Out Grant to the Wounded Warrior Project

By pete_gallagher

Activision's Blizzard's Call of Duty Endowment (CODE), which provides funding to assist war veterans, has announced another funding initiative.

CODE's first donation was a $125,000 endowment to the Paralyzed Veterans of America, which enabled the group to open a vocational rehab center. Via Bloomberg we learn that CODE's second major donation will be a $100,000 grant to the Wounded Warrior Project, a Florida-based charity that assists injured veterans transitioning to either civilian life or new military positions. The funds will be used to open a new Transition Training Academy (TTA).

CODE also provided assistance to the families of victims from last year's Fort Hood shooting.

Activision Blizzard CEO Bobby Kotick told Bloomberg that he hopes to grow CODE's endowments to between $50.0 and $100.0 million by the end of this decade. Current CODE funding totals about $1.0 million.

Kotick added:

Being able to meet these brave men and women and hear their stories firsthand has strengthened my conviction that the private sector as well as the government is responsible for ensuring they have employment and that we don't penalize them for their years of service to this country.'

Note: The Bloomberg story puts CODE's grant to the Paralyzed Veterans of America at $375,000, versus our original story which reported it as a $125,000 grant. Official PR (PDF) announcing the founding of CODE put the figure at $125,000, so we will stick with that.

Full post as published by GamePolitics.com on February 03, 2010 (boomark / email).