Business & Tech

Creator Of Beanie Babies Assists Coronavirus Relief Effort

Oak Brook's Ty Warner is releasing a limited-edition praying bear to bring support to the United Way Worldwide COVID-19 Fund.

Oak Brook's Ty Warner, creator of Beanie Babies, recently released a limited-edition bear to support COVID-19 relief efforts.
Oak Brook's Ty Warner, creator of Beanie Babies, recently released a limited-edition bear to support COVID-19 relief efforts. (Getty Images)

OAK BROOK, IL — Ty Warner, of Oak Brook, owner of the largest manufacturer of plush toys in the world, announced Wednesday the introduction of Hope, a limited-edition praying bear. This multi-colored bear will offer a symbol of hope to the world while also bringing much-needed support to the United Way Worldwide COVID-19 Fund.

Warner will contribute 100 percent of the profits from the original sale to the United Way Worldwide fund, according to a press release from United Way.

"The world needs hope, and this little bear just might bring us the smile we need right now," Warner said in the press release. "It is an honor to partner with United Way Worldwide, the world's largest nonprofit organization, which has been providing hope to communities around the world for over 135 years."

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Warner's announcement follows his decision last month to open his Four Seasons Hotel New York to nurses and medical workers fighting the COVID-19 pandemic, providing them a place to stay free of charge, according to the release. In addition, Warner is delivering individual Hope bears to the medical professionals currently staying at the hotel — and making additional donations to the United Way Worldwide on their behalf.

Hope will be available worldwide in essential retail outlets such as drug and grocery stores, so that people can purchase the bear while shopping for groceries and other essential items. Hope can also be ordered online at Ty.com.

"United Ways around the world are working tirelessly to provide critical human services and much needed financial support to our most vulnerable populations in the face of the devastating COVID-19 pandemic," said Suzanne McCormick, U.S. president, United Way Worldwide, in the release. "We are touched by Ty's introduction of Hope, whose sales profits will help the most vulnerable populations receive critical financial and social service support during this global crisis."

In addition to fundraising from the sale of Hope, Warner is supporting those on the frontlines battling the COVID-19 pandemic in New York City by opening the doors of his Four Seasons Hotel New York free of charge to medical workers responding to the crisis.

"Many of those working in New York City have to travel long distances to and from their homes after putting in 18-hour workdays caring for COVID-19 patients. Our healthcare workers need a place closer to work where they can rest and regenerate in order to continue their service to our nation's sick and infirm," Warner said in the release. "I am humbled that we could open the doors of the Four Seasons Hotel New York and provide a place for our nation's heroes to rest."

To learn more about the Hope Bear, please visit: https://shop.ty.com/

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