Nicole and Joel's breaking baby news!

Hey, I just got a press release about Nicole Richie and Joel Madden's new children's foundation.

And no, I'm not making this up.

Joelmadde_jerem_12636263_600 Founded in honor of their as yet unborn child, the Richie-Madden Children's Foundation will " bring meaningful opportunities to children in all corners of the globe. The Foundation will also strive to bring light and laughter into their lives through unique entertainment and special events."

The couple will have a press conference Monday at the Los Angeles Free Clinic's Hollywood Health Center site (6043 Hollywood Blvd.) to talk about the foundation.

Oh, and as part of the launch, Richie will host a private baby shower for mothers in need at a Los Angeles-based pre-natal clinic.

Each mother will be gifted with a  "Mom-to-Be" kit of new donated baby, mommy and maternity products including cribs, baby mattresses, strollers, blankets, bottles, highchairs, diapers, organic baby products and much more.

Sponsors donated more than $150,000 in new products to create the kits for 100 moms-to-be at the Clinic.

But the best part of the release was where it referred to Nicole and Joel as a "Power Couple."   

Sorry, guys. That title is just a tad ... premature.