Carlson School Receives $80,000 Grant from Newman’s Own Foundation to Support Military Veterans
Friday, November 11, 2016
The Carlson School has been awarded an $80,000 grant from Newman’s Own Foundation, the independent foundation created by the late actor and philanthropist, Paul Newman. The grant will provide $20,000 for the Holmes Center to offer fellowships for veteran entrepreneurial MBA students. The remaining $60,000 will be used to recruit veterans, through outreach and fellowships, into the school’s MBA programs.
“We are incredibly grateful for Newman’s Own support of the Carlson School’s Military Veteran’s Initiative,” says Morgan Kinross-Wright, executive director of corporate and foundations relations at the Carlson School. “This grant will help us to support even more servicemen and women in our program, allowing them to seamlessly transition from a military career to one in business.”
Newman’s Own Foundation made the award to the Carlson School as part of a broader commitment to support veteran entrepreneurship and higher education.
“We are proud to fund the Carlson School as it works to make a difference for the men and women who have served,” said Bob Forrester, president and CEO, Newman’s Own Foundation. “It is one of the many organizations empowering veterans to learn and to build successful careers.”
Newman’s Own Foundation has been supporting military nonprofit organizations for more than 20 years, with a total of $13.5 million donated since 2010. The foundation continues Paul Newman’s commitment to give all profits and royalties from the sale of Newman’s Own food and beverage products to charity. Since 1982, more than $475 million has been donated to thousands of charities around the world.