The Toy Bank Is Officially Open for ... Play!
New Product Philanthropy Program Supported by the North American Toy Industry
Launched in Time to Serve Children In Need This Holiday Season
NEW YORK, Oct. 9 /PRNewswire/ -- To remedy the harsh reality that there
are thousands of children unable to own their own toy, The Toy Bank has been
launched by the Toy Industry Foundation (TIF(TM)) and its partner, Gifts In
Kind International (GIKI), and supported by the North American toy industry.
The year-round program allows charities serving underprivileged and at-risk
children to have access to newly manufactured toys. At a special ceremony
that took place at the close of the Toy Industry Association & Toy Wishes
Holiday Preview, the official kickoff announcement for the hot new toys for
the upcoming holiday season, children representing The Children's Health Fund,
a provider of free health care services to tens of thousands of poor and
low-income children across the country, were among the first recipients to
receive a donation from The Toy Bank during a special ceremony.
"We are proud to open the virtual doors of The Toy Bank, which is the
first industry-sponsored, product philanthropy program created to serve
thousands of disadvantaged children who may not have the opportunity to own a
new toy. By the end of this year we will present more than
250,000 toys to boys and girls throughout North America, in hopes of bringing
more joy and fun during their holiday season," said Patrick Feely, TIF
chairman and president and chief executive officer of Radica Games Ltd.
"We are very excited about our partnership with the Toy Industry
Foundation," said Susan Corrigan, president and chief executive officer of
Gifts In Kind International. "Over the next three years we are striving to
bring a million toys to a million underprivileged, homeless and at-risk
children who often lack the simple playthings that can make childhood and
adolescence so memorable."
"Toys are an important tool for the healthy development of children, but
unfortunately most children living in poverty do not have access to toys,"
said Alan Shapiro, M.D., medical director for The Children's Health Fund's New
York Programs. "The toy industry's effort to more widely distribute these toys
and games via The Toy Bank should be applauded. Our patients from the South
Bronx Health Center for Children and Families are extremely excited about
attending this event," he added.
Every child deserves the right to imagine, dream, invent and have fun
through toys and play. Through The Toy Bank program, charities serving
underprivileged and at-risk children can obtain newly manufactured toys, and
manufacturers, retailers and distributors of toys can reach needy children all
around the world. For organizations interested in signing up to receive toys,
or those companies interested in donating toys, an easy-to-use online system
is available at: www.thetoybank.org.
About the Toy Industry Foundation
In 2000, the Toy Industry Foundation (TIF(TM)) refocused its philanthropic
efforts, recognizing its unique position to galvanize and leverage industry
resources to make a difference in the lives of children in need. After further
review, the TIF Board committed to support children who are homeless
throughout America. By contributing its funds to programs such as The Power of
Play and The Toy Bank, the industry is working to achieve its mission to bring
joy, happiness and comfort to children through the experience of toys and
play. For more information about the TIF, visit www.toy-tia.org -- click on
Toy Industry Foundation.
About Gifts In Kind International
Gifts In Kind International (GIKI) is the world's leading charity in
product philanthropy and the eighth largest charity in the United States.
Leading manufacturers and retailers of all sizes rely on them to design and
manage the donation process. Its network of 400-plus Gifts In Kind(R)
affiliates provides non-profits access to millions of dollars annually in
product and service donations, including nearly $800 million in 2002. For
more information about GIKI, visit: http://www.giftsinkind.org/.
About The Children's Health Fund
The Children's Health Fund, founded in 1987, works to provide medical care
to the nation's most medically underserved population - homeless and
disadvantaged children. To date, The Children's Health Fund's national network
of 16 pediatric programs has treated more than 300,000 children. More
information can be found at The Children's Health Fund website at
www.childrenshealthfund.org.
SOURCE Toy Industry Foundation
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