US EditionNewman’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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Associated Press News+11 Reposted by 11 other sources
Newman’s Own invites more companies to donate 100% of their profits to charities
The promise is not new, but still hard for many to believe: 100% of profits from the sale of Newman’s Own foods, like salad dressings, pasta sauce and
·United States
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NBC Connecticut+2 Reposted by 2 other sources
Newman's Own invites more companies to donate 100% of their profits to charities
Alex Amouyel, the foundation’s CEO and president, made the case for why more for-profit companies should donate all of their profits to social causes.
·Connecticut, United States
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Total News Sources15
Leaning Left4Leaning Right1Center8Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 31%
C 62%
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