Read more Sundance Institute stories on Newserhttp://www.newser.com/taggrid/31609/sundance-institute.htmlhttp://img1-cdn.newser.com/images/newser-black250x40.gifhttp://www.newser.com/2012 - Newseren-usNewser Feed GeneratorFri, 25 May 2012 15:58:07 CDThttp://www.newser.com/story/29717/ailing-newman-gives-120m-company-to-charity.htmlPeter Fearon<img src='http://img2-cdn.newser.com/getimage.aspx?mediaid=111449&width=45&height=45&crop=Y&updateddate=20110401011848' border='0' />Movie legend Paul Newman has quietly turned over his ownership of Newman's Own cookies and salad dressing company—worth $120 million—to his charitable foundation, which helps ill and impoverished kids, reports Fox TV. News of the gift comes amid reports the gaunt 83-year-old star is dying of lung cancer;...A gaunt Paul Newman watches practice for the Indianapolis 500 auto race in May. http://www.newser.com/story/29717/ailing-newman-gives-120m-company-to-charity.htmlWed, 11 Jun 2008 03:29:53 CDT