Give Something Back Inc. -- the Newman's Own model
From Wednesday, January 22, 2003
Two San Francisco entrepreneurs came up with this business idea while working out at a gym according to this San Francisco Chronicle story:
Give Something Back sells office supplies, competing with heavy-hitting corporate giants such as Office Depot and Boise Cascade. True to Hannigan's vision, GSB donates its after-tax profits to a variety of community organizations in Northern California. Since its inception, the company has donated more than $2 million to charitable causes, using Newman's Own food products as a model and inspiration.
Founded in 1982 by actor Paul Newman, Newman's Own has given $125 million to charity, all from post-tax profits.