Meet the Unexpected Millionaires Earning Royalties from Listerine

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In the world of philanthropy, funding sources often include grants, donations, or investments. But for Catherine Schweitzer, the executive director of the Baird Foundation in Buffalo, New York, a unique and steady income stream sets her organization apart: royalties from the sale of Listerine. Every year, the nonprofit earns approximately $120,000 in passive income from…

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