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Newman’s Own invites more companies to donate 100% of their profits to charities

  • Newman’s Own Foods donates 100% of profits to charity, as stated by the company.
  • The Newman’s Own Foundation invites other companies to join the 100% for Purpose Club to donate all profits to social causes, according to Alex Amouyel.
  • The Philanthropic Enterprise Act allows foundations to own corporations, enabling companies to follow Newman’s Own model, as mentioned by Celia Roady.
  • Humanitix, an Australian company, is the second founding member of the 100% for Purpose Club, also donating 100% of profits to charity.
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  • 62% of the sources are Center
62% Center
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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, January 23, 2025.
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