Newman’s Own said, “Best practices surrounding philanthropic organizations do not allow for the establishment of perpetual funding allotments for anyone, including Nell and Susan Newman.
A meritless lawsuit based on this faulty wish would only divert money away from those who benefit from Paul Newman’s generosity.”“While we expect to continue to solicit Newman family recommendations for worthy organizations, our funding decisions are made each year and will continue to reflect the clear aim of Paul Newman and our responsibility to the best practices governing private foundations.”The suit, obtained by TheWrap, alleges that Newman’s Own improperly cut its contributions in half, to $200,000 per foundation.The two women are seeking a judgment forcing Newman’s Own to donate $1.4 million to their foundations.Pamela Chelin contributed to this report..
Read more on thewrap.com
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