Paul Newman gives $10 million to Ohio college for scholarship fund
June 3, 2007 - Posted in ScholarshipPaul Newman is donating $10 million to a central Ohio college to help start a scholarship fund.
The 82-year-old actor graduated from Kenyon College, a private liberal arts school, in 1949 with a degree in drama and economics.
A spokesman for the college says Newman’s donation will fund partial and full scholarships for 15 to 20 students a year.
The first Newman’s Own scholars will be announced this summer.
Newman and his wife, Joanne Woodward, have donated privately to Kenyon College in the past.
The couple went public at Kenyon’s request because the college hopes the contribution will spur donations from other alumni.
“My days there were among the happiest and most formative of my life,” Newman said in a statement from Kenyon on Friday. “I believe strongly that we should be doing whatever we can to make all higher education opportunities available to deserving students. I hope others will support Kenyon in this manner.”
Newman has given more than $175 million to charities from the profits earned by his Newman’s Own brand of dressings, pasta sauces, popcorn and salsa.
Newman, star of films including “Cool Hand Luke,” “Butch Cassidy and the Sundance Kid” and “The Color of Money,” said last week that he’s retiring from acting after more than 50 years.
Information from: www.canada.com