Children's Hospitals Across the U.S. Receive Thousands of Toys as Part of Mattel's Toy Donation Program
El Segundo, Calif., December 18, 2006 - Mattel, Inc. [NYSE:MAT] today announced that in 2006 it has donated almost 1.5 million toys worth approximately $10 million to children in need around the world. Included in that donation is 45,000 toys worth $1 million to more than 160 children's hospitals in the United States, Canada, Mexico and Italy in cooperation with the National Association of Children's Hospitals and Related Institutions (NACHRI) and Gifts in Kind International.
Mattel continues to dedicate more than 2% of its pretax profit to charitable efforts, including product donations and grant making activities. Mattel's toy donations in 2006 were distributed across the U.S. to more than 500 charities in 48 states and the District of Columbia, as well as many more internationally.
"Mattel is committed to leading the way in making a difference in the lives of children," said Deidre Lind, Executive Director of the Mattel Children's Foundation and Mattel philanthropy programs. "During the holiday season, we think it is especially important to bring smiles to children's faces, especially those who are battling illness and other challenges. It is our philanthropic mission to make a meaningful difference in the lives of children of need and our toy donation program is at the core of that mission."
Mattel's philanthropic programs include support of the Mattel Children's Foundation, which conducts international and domestic grantmaking, volunteer efforts engaging employees around the world in charitable activities and product donations.
The Mattel Toy Donation program is closed for 2006, but will accept applications beginning in early 2007. More information about Mattel's Toy Donation program can be found in the "About Us/Philanthropy" section of the company's corporate website (www.mattel.com).
About the Mattel Children's Foundation
The Mattel Children's Foundation was established in 1978. With a vision of "making a meaningful difference, one child at a time," the Foundation provides cash grants through domestic and international grantmaking programs, as well as international scholarships to children of employees, matching gifts and volunteer grants for Mattel employees. In addition, the Foundation continues its tradition of partnering with exemplary nonprofit partners. Mattel has partnered with Special Olympics, Save the Children, the Mattel Children's Hospital at UCLA, the National Association of Children's Hospitals and Related Institutions (NACHRI) and the Children Affected by AIDS Foundation (CAAF). The Mattel Children's Foundation is funded exclusively by cash donations from Mattel, Inc.
Mattel, Inc., (NYSE: MAT, www.mattel.com) is the worldwide leader in the design, manufacture and marketing of toys and family products, including Barbie(R), the most popular fashion doll ever introduced. The Mattel family is comprised of such best-selling brands as Hot Wheels(R), Matchbox(R), American Girl(R), Radica(R) and Tyco(R) R/C, as well as Fisher-Price(R) brands (www.fisher-price.com), including Little People(R), Rescue Heroes(R), Power Wheels(R) and a wide array of entertainment-inspired toy lines. With worldwide headquarters in El Segundo, Calif., Mattel employs more than the 30,000 people in 42 countries and sells products in more than 150 nations throughout the world. Mattel's vision is to be the world's premier toy brands -- today and tomorrow.
||Posted by Jason Geyer