Next time you're on the couch, dutifully working your way through a bag of tor a Own salsa (I, for one, make no apologies), take a moment to reflect that you are also an indirect participant in a fascinating, and fraught, experiment in the relationship between philanthropic power, private interests, and the public good.
Newman's Own products are a supermarket mainstay-each bears some variant of the announcement "100% Profits to Charity" accompanied by the limpid-eyed visage of actor Paul Newman. Newman created the company in 1982. That Christmas he and a friend made a giant batch of an oil-and-vinegar salad dressing and gave it away to neighbors including, as a 2015 Vanity Fair article chronicled, "a young caterer named Martha Stewart, who held a blind taste test [in which] Newman's was voted No. 1" Newman agreed to put his face on the label to sell the bottles, which flew off the shelves of local groceries. Newman and his friend made nearly $1 million and decided that all the profits from Newman's Own-as they called the new company they formed-would go to charity. Over the next several decades, Newman's Own would add pasta sauces, lemonade, popcorn, cookies, and more-giving upward of $500 million to charity, largely to organizations helping children facing serious illness or addressing child nutrition. For most of that time Newman, his family, and a few close friends distributed the funds. But as the actor grew older, he saw a need to professionalize the enterprise. In 2005 he created Newman's Own Foundation, appointing nonprofit consultant Robert Forrester to run it and leaving the food company to the foundation when he died.
Bu hikaye Town & Country US dergisinin November 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Town & Country US dergisinin November 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
For Your Eyes Only
A small wedding has many charms. Here's the proof
Anatomy of a Classic
Ballet flats have been around since medieval times. They still know how to have fun.
It's the Capital Gains Tax, Stupid
In the battle for billionaire political donations, the presidential election finally turned Silicon Valley into Wall Street without the monocle.
I'll Have What She's Wearing
Refined neutrals, face-framing turtlenecks, a white coat that says: I've got 30 more. Twenty-five years on, Rene Russo's Thomas Crown Affair wardrobe remains the blueprint for grown-up glamour.
Isn't That RICH?
If fragrance is invisible jewelry, how do you smell as if you're wearing diamonds, not cubic zirconia?
THE MACKENZIE EFFECT
A $36 billion fortune made MacKenzie Scott one of the richest women in the world. How shes giving it away makes her fascinating.
Her Roman Empire
Seventeen floors up, across from the Vegas behemoth that bears her name, Elaine Wynn is charting a major cultural future for America's casino capital, and she's doing it from a Michael Smith-designed oasis in the middle of the neon desert.
Are You There, God? I'm at Harvard
Why on earth are a bunch of successful midcareer professionals quitting their jobs and applying to Harvard Divinity School? Hint: It has nothing to do with heaven.
Bryan Stevenson
He has dedicated his life to defending the unfairly incarcerated and condemned. But his vision for racial justice has always been about more than winning in court.
Emma Heming Willis
Once best known as a model and entrepreneur, today shes an advocate for patients and caretakers dealing with an incurable disease—one that hits very close to home. Here, she speaks with Katie Couric about her mission.