GameStop (NYSE: GME), the world’s largest multichannel retailer of video games, today announced the creation of The Gamer Fund. The Gamer Fund has been established to provide temporary relief and meet the basic needs of GameStop associates who are facing hardships from tragic and isolated events. Endowed with seed donations from GameStop’s founders and senior management team, The Gamer Fund will be fully run and funded by GameStop associates.
This employee-sponsored charitable organization provides financial grants to assist with short-term needs due to an unforeseen emergency or hardship. These events can include, but are not limited to, the loss of a home due to fire, a death of a loved one or a natural disaster.
“The Gamer Fund, at its core, is the essence of the GameStop culture,” stated Mike Buskey, chairman and president of The Gamer Fund. “This unique organization allows associates to give back not only by funding its efforts, but also by managing the day-to-day process. A recent example of the fund at work is the support given to those affected by Hurricane Isaac.”
“We are proud that GameStop is one of a few companies to endow a charitable organization to benefit its employees,” said Paul Raines, CEO of GameStop.The Gamer Fund’s current focus is the United States, where it employs more than 30,000 associates. The company plans to expand the fund to support all countries in which GameStop operates. About GameStop Corp. GameStop Corp. (NYSE: GME), a Fortune 500 and S&P 500 company headquartered in Grapevine, Texas, is the world's largest multichannel video game retailer. GameStop's retail network and family of brands include 6,628 company-operated stores in 15 countries worldwide and online at www.GameStop.com. The network also includes: www.Kongregate.com, a leading browser-based game site; Game Informer(R) magazine, the leading multi-platform video game publication; Spawn Labs, a streaming technology company; and a digital PC game distribution platform available at http://www.GameStop.com/PC. General information on GameStop Corp. can be obtained at the company's corporate website. Follow GameStop on Twitter @ www.twitter.com/GameStop and find GameStop on Facebook @ www.facebook.com/GameStop. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50422161&lang=en