Tribute to Paul Newman


This video is from 2008

Newman's Own is a food company founded by actor Paul Newman and author A.E. Hotchner in 1982. The company gives 100% of the after-tax profits from the sale of its products to Newman's Own Foundation (a private non-profit foundation) which in turn, gives the money to various educational and charitable organizations. In 1982, Newman summarized his initial intentions regarding distribution of his company's profits:
"My profits will be divided between a number of tax-deductible charities and causes, some church-related, others for conservation and ecology and things like that."
According to the Newman's Own Foundation website, over $495 million (USD) has been generated for charity since 1982. In 2016 the company donated profits of $30 million after gross sales of $600 million. The company co-sponsored the PEN/Newman's Own First Amendment Award, which was presented annually to a United States resident who had fought courageously, despite adversity, to safeguard the First Amendment right to freedom of expression as it applied to the written word.

A sampling of grantees is available at the Newman's Own Foundation website along with a description of funding areas. One beneficiary of this charity is the SeriousFun Children's Network (previously the Association of Hole in the Wall Camps), residential summer camps for seriously ill children, which Paul co-founded in 1988. Today, there are camps, programs, and initiatives operating in 50 countries across 5 continents. Over 384,700 children have attended a SeriousFun program free of charge. While proceeds from Newman's Own financed the startup of the camp, it now receives funding from many other sources. Additionally, the Newman's Own Foundation also provided a grant to The MINDS Foundation to fund US operations of the non-profit that works in rural India.Other beneficiaries of the profits from Newman's Own have included The New York Times Neediest Cases Fund (from 1983 onwards), Shining Hope for Communities, Safe Water Network,Edible Schoolyard NYC, Fisher House Foundation, the WILD Young Women Programme (New Zealand), and Pilgrims Hospices (UK).

Newman's Own Organics pays a name licensing fee, directed to the Newman's Own Foundation, to Newman's Own

If you would like to learn more about Newman's Own or the Newman's Own Foundation please visit: http://www.newmansown.com/ or http://www.newmansownfoundation.org/

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