Newman's Own Foundation

Paul Newman who started Newman’s Own Foundation three years before he died in 2008, allowed the foundation to use his name and likeness — but only on several conditions including giving each of the two daughters’ foundations $400,000 a year. Paul Newman, who lived in Westport with his wife, actor Joanne Woodward, created the Newman’s Own brand in 1982, with all profits going to charities. Today the product line includes frozen pizza, salsa, salad dressings and pasta sauces, as well as dog food and pet treats. In his will, Paul Newman left his assets to his wife and Newman’s Own Foundation. Newman’s Own, the products company, is a subsidiary of Newman’s Own Foundation, a nonprofit organization. The foundation says more than $570 million has been given to thousands of charities since 1982. According to 2020 tax records, the foundation had more than $24 million in income and paid out $11.5 million in contributions, gifts and grants. Operating and administrative expenses totaled nearly $4.5 million.