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Saturday, April 20, 2013

Good Guy Paul Newman Meme

Good Guy Paul Newman Meme

Starts a multi-million dollar corporation
Donates 100% of profits to charity.

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.[1] Newman's Own has inspired other business, including Give Something Back Business Products, to adopt his social enterprise model.[2] 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."