Monday, November 28, 2016
The Latest Nutrition Grantmaking From Newman's Own
Paul Newman was a man ahead of his time. While everyone now grasps the idea of social enterprise businesses, Newman's Own was a novelty when it launched in the 1980s and started giving away its profits.
It's since distributed over $475 million to nonprofits worldwide. Newman started Newman’s Own Foundation in 2005, three years before his death, to ensure that his philanthropic legacy would continue.
Among its activities, the foundation is deeply into the food and nutrition issues that have become so hot in recent years among funders. It's given $11.5 million to nutrition-based programs in underserved communities since 2014, making it a significant player in this space...