Philanthropy
With writer A. E. Hotchner, Newman founded Newman's Own, a line of food products, in 1982. The brand started with salad dressing, and has expanded to include pasta sauce, lemonade, popcorn, salsa, and wine, among other things. Newman established a policy that all proceeds, after taxes, would be donated to charity. As of 2010, the franchise has donated in excess of $300 million. He co-wrote a memoir about the subject with Hotchner, Shameless Exploitation in Pursuit of the Common Good. Among other awards, Newman's Own co-sponsors the PEN/Newman's Own First Amendment Award, a $25,000 reward designed to recognize those who protect the First Amendment as it applies to the written word.
One beneficiary of his philanthropy is the Hole in the Wall Gang Camp, a residential summer camp for seriously ill children, which is located in Ashford, Connecticut. Newman co-founded the camp in 1988; it was named after the gang in his film Butch Cassidy and the Sundance Kid (1969). Newman's college fraternity, Phi Kappa Tau, adopted Hole in the Wall as their "national philanthropy" in 1995. One camp has expanded to become several Hole in the Wall Camps in the U.S., Ireland, France, and Israel. The camps serve 13,000 children every year, free of charge.
In June 1999, Newman donated $250,000 to Catholic Relief Services to aid refugees in Kosovo.
On June 1, 2007, Kenyon College announced that Newman had donated $10 million to the school to establish a scholarship fund as part of the college's current $230 million fund-raising campaign. Newman and Woodward were honorary co-chairs of a previous campaign.
Newman was one of the founders of the Committee Encouraging Corporate Philanthropy (CECP), a membership organization of CEOs and corporate chairpersons committed to raising the level and quality of global corporate philanthropy. Founded in 1999 by Newman and a few leading CEOs, CECP has grown to include more than 175 members and, through annual executive convenings, extensive benchmarking research, and best practice publications, leads the business community in developing sustainable and strategic community partnerships through philanthropy. Newman was named the Most Generous Celebrity of 2008 by Givingback.org. He contributed $20,857,000 for the year of 2008 to the Newman's Own Foundation, which distributes funds to a variety of charities.
Upon Newman's death, the Italian newspaper (a "semi-official" paper of the Holy See) L'Osservatore Romano published a notice lauding Newman's philanthropy. It also commented that "Newman was a generous heart, an actor of a dignity and style rare in Hollywood quarters."
In 2011 Paul Newman's estate gifted land to Westport to be managed by the Aspetuck Land Trust.
Read more about this topic: Paul Newman
Famous quotes containing the word philanthropy:
“... the hey-day of a womans life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.”
—Elizabeth Cady Stanton (18151902)
“Almost every man we meet requires some civility,requires to be humored; he has some fame, some talent, some whim of religion or philanthropy in his head that is not to be questioned, and which spoils all conversation with him. But a friend is a sane man who exercises not my ingenuity, but me.”
—Ralph Waldo Emerson (18031882)
“I shall not be forward to think him mistaken in his method who quickest succeeds to liberate the slave. I speak for the slave when I say that I prefer the philanthropy of Captain Brown to that philanthropy which neither shoots me nor liberates me.”
—Henry David Thoreau (18171862)