Mattel, Inc. Commits $1.85 Million to Otis College of Art and Design
10 Novembro 2009 - 7:23PM
Business Wire
With many of Los Angeles’ top business, philanthropic, art and
design leaders looking on, Samuel Hoi, president of Otis College
of Art and Design accepted a $1,850,000 gift from Mattel,
Inc., presented by Mattel International President Bryan
Stockton, who is also a member of the Otis Board of Trustees.
“Otis College is fortunate to have a generous corporate citizen
like Mattel in our midst,” said Hoi at the presentation today. “To
be competitive in the world and in this age of ideas and
innovation, we must embrace creativity in our schools as well as
our workplaces. Mattel clearly understands this important issue by
responding with this generous gift.”
Mattel’s philanthropic gift, part of its commitment to
two-percent pretax profit to philanthropic efforts, will support
Otis student scholarships, art and design curriculum and facility
enhancement. “We see this financial contribution as an investment
in the future,” stated Stockton. “While some companies currently
hold back their charitable giving, Mattel feels strongly about
investing now in the next
generation of creative leaders, in the health of our economy, in
the strength of our communities, and in innovations in the art and
design industry.”
The Mattel gift announcement and presentation was made during
the College’s annual “Otis Report on the Creative Economy of the
Los Angeles Region,” an event that delivers data and analysis
provided by Los Angeles County Economic Development Corporation
(LAEDC). Commissioned by Otis College, the 2009 report includes new
findings on the state of creativity in business and the workplace,
and is titled “Unleashing L.A.’s Creative Potential.” More than 350
people attended the speaker/panel discussion program held at the
Omni Los Angeles Hotel. The full report can be found at
www.otis.edu.
The Mattel/Otis Partnership began more than 15 years ago when
Otis relocated its campus from mid-town Los Angeles to Westchester,
close to Mattel Corporate Headquarters in El Segundo.
Since then, Mattel has contributed hundreds of thousands of
dollars to support the College through classroom collaborations in
Toy Design and Fashion Design, sponsorship of the annual
Scholarship Benefit and Fashion Show, and funding for student
visits to Hong Kong toy manufacturers. With its annual
participation in the Otis internship fair, the graduate show
preview and the portfolio review process, Mattel also maintains a
strong presence in Otis’ campus life. Mattel employs designers from
across a number of Otis College departments – Communication Arts,
Toy Design, Fashion Design and Digital Media. Currently, Mattel is
the #1 employer of Otis graduates.
At the close of the Otis/Mattel announcement and presentation,
Hoi said, “This deepens the College’s already extraordinary
relationship with Mattel, and will enable Otis to continue to
attract the best and brightest creative talent as students and
educators for years to come.”
About Otis: Founded in 1918, Otis College of Art and
Design prepares diverse students of art and design to enrich our
world through their creativity, their skill, and their vision. The
College offers an interdisciplinary education for over 1,200
full-time students, awarding BFA degrees in advertising design,
architecture/landscape/interiors, digital media, fashion design,
illustration, product design, painting, photography, sculpture/new
genres, and toy design; and MFA degrees in fine arts, graphic
design, public practice, and writing. Continuing Education offers
certificate programs as well as personal and professional
development courses. More information on Otis College of Art and
Design is available at www.otis.edu or by calling (310)
665-6800.
About Mattel
Mattel, Inc., (NASDAQ: MAT, www.mattel.com) is the worldwide
leader in the design, manufacture and marketing of toys and family
products. The Mattel family is comprised of such best-selling
brands as Barbie®, the most popular fashion doll ever introduced,
Hot Wheels®, Matchbox®, American Girl®, Radica® and TycoR/C®, as
well as Fisher-Price® brands, including Little People®, Power
Wheels® and a wide array of entertainment-inspired toy lines. In
2009, Mattel is recognized among the "100 Best Corporate Citizens,"
as one of the "World's Most Ethical Companies" and as one of
FORTUNE Magazine’s "100 Best Companies to Work For." With worldwide
headquarters in El Segundo, Calif., Mattel employs approximately
29,000 people in 43 countries and territories and sells products in
more than 150 nations. Mattel's vision is to be the world's premier
toy brands—today and tomorrow.
Mattel (NASDAQ:MAT)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Mattel (NASDAQ:MAT)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024