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Westport, CT, May 24, 2012 - Newman's
Own Foundation has made a commitment to donate $30 million
to charity this year, in recognition of the 30th
anniversary of the founding of Newman's Own. This milestone
represents the largest amount of money Newman's Own
Foundation has donated in a single year.
To kick off ?30 Years of Giving, which
continues throughout 2012, Newman's Own Foundation has
announced an initial round of grants totaling approximately
$10 million. In this initial round, significant
contributions are being made in support of nutrition,
children with life-limiting conditions, empowerment, and the
encouragement of philanthropy. These four ?high impact
areas? represent a refined focus for the Foundation.
Examples of grantees in each of these four areas include:
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Nutrition: Food Research and Action
Center, The Food Trust, Wholesome Wave
Children with Life-Limiting Conditions:
SeriousFun Children's Network (formerly Association of
Hole in the Wall Camps), Friends of Green Chimneys
Empowerment: The Discovery Center, Safe
Water Network, Shining Hope for Communities, Right To
Play
Encouraging Philanthropy: Committee
Encouraging Corporate Philanthropy, generationOn, Dynamo
Academy, Newman's Own Foundation Campus Community
Service Challenge
Newman's Own Foundation, founded by the
late Paul Newman, is focusing on these four areas because
they represent the scope of organizations Newman originally
supported, as well as opportunities for the Foundation to
have an impact.
Since Paul Newman founded his food
company, Newman's Own, Inc. in 1982, Newman and Newman's Own
Foundation have donated more than $350 million to thousands
of charities worldwide. Newman established the Foundation in
2005, as a means of continuing his pledge to donate to
charity all net profits and royalties from the sale of
products from Newman's Own, Inc.
"Paul went against conventional wisdom
by creating all-natural food products and giving 100% of the
profits to charity," said Robert H. Forrester, President and
CEO of Newman's Own Foundation. "Early on, someone asked
Paul whether a company that gives all of its profits away
could survive. Thirty years later, we have not only
survived, but grown and, as a result, helped thousands of
organizations make a difference in the lives of others. In
the first year, Paul donated around $300,000, and this year
it will be 100 times that amount."
Newman's business model was unique when
he started the company. Now, there is a rising tide of
similar social business enterprises. Many organizations cite
Paul Newman and Newman's Own as a source of inspiration.
Today, the legacy continues. All
after-tax profits and royalties from the sale of Newman's
Own products go to charity, helping to fulfill Newman's
commitment to do his part to help make our world a better
place. The impact is best summarized with just a few
examples from the thousands of programs that have benefited
from funding: children with life-limiting medical conditions
attend special camps where kids get to be kids instead of
patients; wounded warriors and their families are empowered
to overcome extraordinary circumstances; hungry children
receive wholesome breakfast to nourish their bodies and
their brains; residents of Africa's largest slum experience
hope through education, healthcare, and clean water; and
young people around the world commit to creating social
change.
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About Newman's Own Foundation
Paul Newman was committed to helping make the world a
better place. To carry on his philanthropic legacy,
Newman's Own Foundation turns all net profits and royalties
from the sale of Newman's Own products into charitable
donations. To date, Paul Newman and Newman's Own Foundation
have given over $350 million to thousands of charities
around the world. For more information, visit
www.newmansownfoundation.org.
About Newman's Own Foundation
Grantees
Nutrition:
* improve
public policies and public-private partnerships to eradicate
hunger and undernutrition in the United States.
http://frac.org/
* children
and adults, promote good nutrition, increase access to
nutritious foods, and improve public policy.
http://www.thefoodtrust.org/
* affordability
of fresh, healthy, locally-grown produce for historically
underserved communities.
http://wholesomewave.org/
Children with Life-Limiting
Conditions:
* Association
of Hole in the Wall Camps) is a global community of camps
and partnership programs that create opportunities for
children and their families to reach beyond serious illness
and discover joy, confidence and a new world of
possibilities always free of charge.
http://www.seriousfunnetwork.org/
* emotional,
behavioral, social and learning challenges through
educational, therapeutic and outreach services.
http://www.greenchimneys.org/
Empowerment:
* about
race and differences, while improving math, science and
language arts skills.
http://www.discoveringdiversity.com/
* of
innovative solutions that ensure access to sustainable and
affordable sources of water.
http://www.safewaternetwork.org/
* inequality
and extreme poverty in the Kibera slum of Nairobi, Kenya, by
linking tuition free schools for girls to accessible social
services for all.
http://shininghopeforcommunities.org/
* disadvantaged
areas of the world by using the power of sport and play for
development, health and peace.
http://www.righttoplay.com/usa
Encouraging Philanthropy:
* leads
the business community in raising the level and quality of
corporate philanthropy.
http://www.corporatephilanthropy.org/
* to
take action that changes the world and themselves through
service.
http://www.generationon.org/
* development
in Italy, through the financial, technical and managerial
support of social ventures.
http://www.fondazionedynamo.org/en/
* Service
Challenge supports student groups engaged in
philanthropy and community service.
http://www.newmansownfoundation.org/challenge/
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