Save the Children Will Direct Funds to Immediate Relief Efforts and School
Rebuilding
EL SEGUNDO, Calif., June 5 /PRNewswire-FirstCall/ -- 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), (http://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) and Tyco(R) R/C, as well as
Fisher-Price brands (http://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 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.
SOURCE Mattel, Inc.
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Related links:
http://www.mattel.com
http://www.savethechildren.org/
http://www.prnewswire.com/comp/540363.html /
CONTACT:
Jules Andres of Mattel, Inc.,
+1-310-252-3529, Jules.Andres@mattel.com
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