Total Assets (endowment): $1 billion
Total Assets (2012): $200,696,839
Total Giving (2012): $36,548,528
Total Giving (2007): $45,624,287
Prominent Grants: Focus on empowering adolescent girls, ending violence against girls and women, advancing social and emotional learning, and promoting local living economies. In 2008, NoVo Foundation joined forces with the Nike Foundation to create the Girl Effect. Since 2008, NoVo Foundation has committed more than $116 million to this effort.
Summary: NoVo Foundation is dedicated to catalyzing a transformation in global society, moving from a culture of domination to one of equality and partnership. We support the development of capacities in people—individually and collectively—to help create a caring and balanced world. We envision a world that operates on the principles of mutual respect, collaboration, and civic participation, thereby reversing the old paradigm predicated on hierarchy, violence, and the subordination of girls and women. Grantmaking is structured around initiatives, rather than program areas. NoVo was founded by Jennifer and Peter Buffet; Jennifer also serves as President. Peter Buffet is the youngest son of investor Warren Buffet. NoVo was created in 2006 after Warren Buffet pledged to donate 350,000 shares of Berkshire Hathaway Inc. stock to the foundation.