Photo: © Kevin Mazur/WireImage

Mary-Kate and Ashley Olsen have designed a purse for charity.

The fashion designer siblings, who have three fashion labels, The Row,
Elizabeth + James and Olsenboye, have created the limited-edition change
purse for their JCPenny Olsenboye collection to benefit Pennies from Heaven,
a campaign that gives to after-school activities.

Ashley said, “Every child should have the opportunity to be part of a
positive and nurturing environment after school.” Mary-Kate added, “Through the purchase of an Olsenboye change purse, customers can help support after-school programs and impact a child’s life.”

The purse, which features a peace sign, can be purchased exclusively at
JCPenny for $9.99, with all proceeds going toward the campaign.
The twins also recently launched a luxury handbag collection for The Row.

The nine-bag line, which includes a backpack that retails for $39,000, is made from python and alligator and available from Barneys department store.

Try on Mary-Kate and Ashley Olsen‘s hairstyles in the Makeover Studio!