Newman's Own

Newman's Own is a food company and for-profit corporation founded by actor Paul Newman and author A. E. Hotchner in 1982. Newman received all of the profits from product sales and donated 100% of the proceeds, after taxes, to various educational and charitable organizations of his own selection. Newman's Own has inspired other business, including Give Something Back Business Products, to adopt his social enterprise model. 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. The brand started with a home-made salad dressing that...