NEWS

Ty Warner donates Beanie Babies profits to help Ukraine

Published on: 7th March 2022

Ty Warner says he feels an obligation to help the children of Ukraine and will donate proceeds from sales of Beanie Babies to Save the Children.

Joining the many organisations in the toy industry offering support, the CEO of TY Inc. has pledged that 100% of profits from sales of Beanie Babies during the month of March will be donated to the charity to provide emergency assistance to those in crisis across Ukraine and the region.

“The events unfolding in Ukraine are deeply troubling. I can only imagine what children there must be going through,” said Ty Warner in announcing the gift. “I feel an obligation to help.”

“Save the Children is incredibly grateful for Ty Inc. and Mr. Warner’s support during this time of crisis in Ukraine,” said Luciana Bonifacio, chief development officer, Save the Children. “This partnership will help protect children from harm, and will help meet the urgent needs of children and their families who are in grave danger across Ukraine and the region.”

Ty Warner, chairman, CEO, and founder of Ty Inc., the largest manufacturer of plush toys in the world, is a philanthropist who has donated more than $300m to a variety of charities. Most recently, the release of the Max the dog Beanie Baby saw 100% of profits being donated to Next for Autism to raise awareness of autism support.

In April 2020, the United Way Worldwide Covid-19 Fund received 100% of the profits from the sale of Hope, a limited-edition praying bear.

Manufacturer of the world-famous Beanie Babies and Beanie Boos, Ty recently won Plush Toy of the Year Award for its Squish-A-Boo range at London Toy Fair.

 

RECENT ARTICLES

Friday Blog

Planes, trains and automobiles…it’s the Friday Blog!

Outdoor Toy Awards 2022 winners announced

See the latest new roles added to Toy World’s recruitment round-up

Spin Master announces new animated series, Vida the Vet

Sylvanian Families launches Pony’s Stylish Hair Salon

Hasbro unveils Nerf’s first ever brand mascot

Licensing-X Germany prepares for October debut

BargainMax.co.uk secures new warehouse facility at PLP Ellesmere Port

B&M launches online home delivery service

WowWee launches My Avastars next gen fashion dolls