This is Timmy's Gift A Precious Moments Christmas Story. This cartoon is from 1991.
The end credits song from the Precious Moments Christmas special "Timmy's Gift", sung by James Ingram and Melissa Manchester, ripped from my DVD copy of the special. I used to watch this special a lot as a kid, so I heard this song a lot; it's now one of my all-time favorite Christmas specials in existence and one of my favorite animated pieces. Merry Christmas to my subscribers!