#191: Newman's Own Foundation CEO Explains Unique Social Entrepreneurship Model
December 30, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1vn8oFS. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. “Paul Newman wanted to make the world a better place, and we carry on his legacy to do that ,” says Robert Forrester, President and CEO of Newman’s Own Foundation and Chairman and CEO of Newman’s Own, Inc. “Great tasting foods and a charitable mission are always relevant; they’re at the core of what we do.” Forrester explains that the foundation owns Newman’s Own, Inc., meaning that 100 percent of distributed profits go to charity. In fact, he reports, that over $400 million has been donated to organizations around the world. “We recently announced a $10.5 million commitment to nutrition, providing grants to over 36 organizations that focus on fresh food access and nutrition education,” Forrester adds. “Part of this commitment includes the establishment of the first-ever Newman’s Own Foundation Nutrition Cohort, which consists of 6 nonprofits and a research organization.” The six organizations supported will include: Fair Food Network (Ann Arbor, MI) FoodCorps (New York, NY) Food Trust (Philadelphia) National Farm to School Network (Chicago) Wellness in the Schools (New York, NY) Wholesome Wave (Bridgeport, CT) Please consider whether a friend or colleague might benefit from this piece and, if so, share it.