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Ben & Jerry’s Foundation Faces Shutdown | Global News
Description
Ben & Jerry’s iconic foundation is shutting down by year’s end after its parent company, Magnum, cut off funding and ousted its staff—triggering a legal battle over control and the future of decades of social justice support. For 40 years, the foundation gave away $600K annually to Vermont nonprofits, but now its survival hinges on a judge’s ruling. The dispute began when Magnum accused the foundation’s board of governance failures, citing an April audit that flagged conflicts of interest—charges Ben Cohen and others dismiss as baseless. Despite implementing new policies, Magnum refused to restore funding unless the board changed. The closure threatens not just grant recipients, but also the staff who saw their work as part of the brand’s legacy.
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