Hasbro, Inc. "Plays a Helping Hand" for Millions of Children Worldwide
2010 Corporate Philanthropy Report released; $23.7 million in
philanthropic support given to help children in need in 2010
PAWTUCKET, R.I.--(BUSINESS WIRE)--
Inc. (NASDAQ:HAS) released its 2010 Corporate Philanthropy Report,
"We Play a Helping Hand," providing an overview of the company's
philanthropic support. In 2010, $23.7 million in financial and product
support was provided through Hasbro's global philanthropic programs to
bring "the sparkle of Hope, the joy of Play and the power of Service"
into the lives of the children who need it most.
"Giving back and helping children overcome life's challenges are a core
part of our culture at Hasbro and has been since our first day of
business," said Brian Goldner, president and CEO of Hasbro, Inc. "Thanks
to the hard work and dedication of Hasbro's employees worldwide, we are
able to support innovative programs and organizations that give us the
opportunity to make a difference for millions of children worldwide."
The $23.7 million in overall support includes financial contributions
totaling $9.2 million given to non-profit organizations worldwide
through grants made by the Hasbro Children's Fund. Toys and games valued
at $14.5 million were donated through the Gift of Play donation program.
Hasbro employees also gave of their time and talents, volunteering over
10,000 hours as part of the Team Hasbro employee volunteer program.
Employees are given four hours of paid time off each month to volunteer
with organizations that benefit children.
"Our philanthropic programs are built on Hasbro's deep understanding of
children and are designed to have a meaningful impact on the lives of
children across the globe," said Karen Davis, vice president of
Community Relations, Hasbro, Inc. "While our contributions often focus
on creating impact for children in need, Hasbro's founding support of
generationOn in 2010 underscores our belief in the power of service. We
recognize that empowering kids to make their mark on the world through
service impacts the lives of children in all circumstances."
Hasbro's 2010 Corporate Philanthropy Report highlights many programs and
organizations supported in the last year, including:
Strategic Philanthropic Partner Program — highlighting Hasbro's
strategic global and national nonprofit partnerships and the
innovative programs in place with organizations such as Operation
Smile, World Vision and the Hasbro Children's Hospital
generationOn - a $5 million, multi-year investment from the
Hasbro Children's Fund helped to launch generationOn, the youth
service division of the Points of Light Institute
The Power of Service —service and volunteer focused programs
including Team Hasbro and Birthday Wishes
The Sparkle of Hope —programs that provide hope for children in
crisis, including pediatric health related programs and Hasbro's
disaster relief efforts including the earthquakes that struck Haiti
The Joy of Play —programs that bring the joy of play to
children who need it most, including the construction of two Boundless
Playgrounds and holiday giving through the Gift of Play product
Global Giving — snapshot of different philanthropic programs
managed by our offices across the globe
More information about Hasbro's philanthropic efforts, including its
giving guidelines, can be found at: www.hasbro.com.
About Hasbro, Inc.
Hasbro, Inc. (NASDAQ:HAS) is a branded play company providing children
and families around the world with a wide-range of immersive
entertainment offerings based on the Company's world class brand
portfolio. From toys and games, to television programming, motion
pictures, video games and a comprehensive licensing program, Hasbro
strives to delight its customers through the strategic leveraging of
well-known and beloved brands such as TRANSFORMERS, LITTLEST PET SHOP,
NERF, PLAYSKOOL, MY LITTLE PONY, G.I. JOE, MAGIC: THE GATHERING and
MONOPOLY. The Hub, Hasbro's multi-platform joint venture with Discovery
Communications (NASDAQ: DISCA, DISCB, DISCK) launched on October 10,
2010. The online home of The Hub is www.hubworld.com.
The Hub logo and name are trademarks of Hub Television Networks, LLC.
All rights reserved. Hasbro's philanthropic work strives to bring "the
sparkle of Hope, the joy of Play and the power of Service" into the
lives of the children who need it most through the Hasbro Children's
Fund and other initiatives aimed to help children worldwide. Come see
how we inspire play through our brands at http://www.hasbro.com.
© 2011 Hasbro, Inc. All Rights Reserved.
Brandon Keough, 401-727-5651
Source: Hasbro, Inc.
News Provided by Acquire Media
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