Newman’s Own Invites More Companies to Donate 100 Percent of Their Profits to Charities
The Chronicle of Philanthropy
FEBRUARY 10, 2025
Legislation passed in 2018 makes it easier for companies to follow the Newman's Own model, by allowing foundations to own corporations, with some conditions. By Thalia Beaty, Associated Press Charles Krupa, AP file photo As of 2022, Newmans Own said it had given away $600 million to charities over the years, with a focus on supporting children. Legislation passed in 2018 makes it easier for companies to follow the Newman's Own model, by allowing foundations to own corporations, with some conditi
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