Ty Warner to donate Beanie Babies profits to aid Ukraine

Ty Warner, CEO of TY Inc., the largest manufacturer of soft toys in the world, pledged today that 100% of profits from sales of Beanie Babies during the month of March will be donated to Save the Children 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. I feel an obligation to help,” said Warner in announcing the gift.

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

Philanthropist Warner has donated more than $300 million to a variety of charities. Most recently, he released Max the dog Beanie Baby, with 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. In addition, Warner opened his Four Seasons Hotel New York to nurses and medical workers fighting the COVID-19 pandemic, providing them with a place to stay free of charge.

Other charities that have benefitted from Warner’s philanthropy efforts include Children’s Hunger Fund, World Vision, Toy Bank, International Toy Bank, Today Show, Children’s Miracle Network, Operation Iraqi Freedom, Toys for Tots, Princess of Wales Foundation, Andre Agassi Foundation, American Red Cross, Save the Children, Elizabeth Glaser Pediatric AIDS Foundation, NY Police and Fire Widow’s Fund, Ronald McDonald House, USO, Mayo Clinic and UNICEF.

 

About Tessa Clayton

A former Chief Sub of Red magazine, Tessa Clayton is the Digital Editor of Licensing.biz and ToyNews. As a freelance journalist she specialised in writing about parenting and family life, and has contributed to a wide variety of publications and websites including Tesco online, Mother & Baby, Livingetc, Junior, Boots Health & Beauty, Practical Parenting and babycentre.co.uk. Get in touch at tessa.clayton@biz-media.co.uk

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