Pom Wonderful Owners Make Big Donation For Sustainability
Billionaire couple Stewart and Lynda Resnick made another big donation recently. The Los Angeles couple who are behind Pom Wonderful, Fiji Water, Teleflora and other brands have donated $20 million to the California Institute of Technology for the Resnick Sustainability Institute. The new center, which will focus on using science and engineering developments for new energy technologies, has a total budget of $90 million. The Gordon and Betty Moore Matching Program contributed another $10 million to launching the project. In a press release announcing the gift the Resnicks stated that they are "passionately committed to finding alternative and sustainable energy solutions." Stewart Resnick is a member of the Board of Trustees for the school. Last year the Resnicks made a $55 million pledge to the Los Angeles County Museum of Art.
[via Los Angeles Business Journal]
Reader Comments (Page 1 of 1)
Wesley Aug 25th 2009 6:35PM
Before you praise the Resnicks you might want to Google them, as much as they donate it still leaves them time to screw the little people on a pretty large scale.