Newman's Own Foundation invites companies to commit all profits to charity, donating $600M since 2018.

Newman's Own Foundation, started by Paul Newman, invites companies to join its "100% for Purpose Club," committing all profits to charity. The foundation has donated $600 million to causes, mostly benefiting children, since its inception. Passed in 2018, the Philanthropic Enterprise Act allows foundations to own companies that donate all profits to charity, supporting this model's expansion.

2 months ago
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