How did Newman’s Own donate its profits to charity?

Paul Newman launched the Newman’s Own line of food products in 1982 with the explicit commitment that all profits would be donated to various charitable causes. Over the course of its operation, the company became highly successful, generating hundreds of millions of dollars in profits for philanthropic efforts.1

In 2008, Newman further solidified this commitment by transferring his ownership of the firm to the Newman’s Own Foundation, ensuring that the company's earnings would continue to support charitable work in perpetuity.1