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Corporate Social Responsibility
News
6.05.2006 ET
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Mattel, Inc. Donates $50,000 to Earthquake Disaster Relief in Indonesia
Save the Children will Direct Funds to Immediate Relief Efforts and School Rebuilding
(CSRwire) El Segundo, Calif. - In response to the devastation caused by the
powerful earthquake in Indonesia on May 27, Mattel, Inc. today announced a
cash donation of $50,000 to Save the Children. Funds will be put toward
immediate relief efforts and to support the establishment of temporary
schools in the affected areas. In addition, the Mattel Children's
Foundation will open its Matching Gifts program internationally for
disaster relief donations.
"The impact of the earthquake on the people in central Java is immense.
We are fortunate to be able to make a meaningful difference for those in
need, particularly children and families, during this difficult time,"
said Kevin Farr, chief financial officer of Mattel, Inc. and chairman of
the Mattel Children's Foundation. "We are pleased to be able to support
our ongoing partner, Save the Children, in their efforts to address the
immediate and long-term needs of children and families in the region."
"The earthquake that struck Indonesia has created, once again, a crisis
for children and their families," said Charles F. MacCormack, president
and CEO, Save the Children. "We thank Mattel and the Mattel Children's
Foundation for their continued support of Save the Children. Our work
will help meet the immediate survival needs of children and families in
the area, many of them now displaced from their homes, with a special
focus on ensuring that children are protected and safe."
The Mattel Children's Foundation Matching Gifts Program for Disaster
Relief will match, dollar for dollar, any donation made by a Mattel, Inc.
employee for disaster relief efforts. International employee donations
will be matched to corresponding US-based charities for earthquake relief
programs.
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 2006, the
Foundation will continue its partnership 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.
About Mattel
Mattel, Inc., (NYSE: MAT, www.mattel.com) is the worldwide leader
in the design, manufacture and marketing of toys and family products,
including Barbie®, the most popular fashion doll ever introduced. The
Mattel family is comprised of such best-selling brands as Hot Wheels®,
Matchbox®, American Girl® and Tyco® R/C, as well as Fisher-Price brands
(www.fisher-price.com), including
Little People®, Rescue Heroes®, Power Wheels® and a wide array of
entertainment-inspired toy lines. With worldwide headquarters in El
Segundo, Calif., Mattel employs more than 25,000 people in 42 countries
and sells products in more than 150 nations throughout the world. The
Mattel vision is to be the world's premier toy brands -- today and
tomorrow.
About Save the Children
Save the Children is the leading independent organization creating lasting
change for children in need in the United States and around the world. For
more than 70 years, Save the Children has been helping children survive
and thrive by improving their health, education and economic opportunities
and, in times of acute crisis, mobilizing rapid life-saving assistance to
help children recover from the effects of war, conflict and natural
disasters. Save the Children USA is a member of the International Save the
Children Alliance, a global network of 27 independent Save the Children
organizations working to ensure the well-being and protection of children
in more than 110 countries. For more information, visit savethechildren.org.
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