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NoVo Foundation
NoVo Foundation was established in 1999 by Peter Buffett and Jennifer Buffett. Warren Buffett provided the core endowment through annual transfers of Berkshire...
NoVo Foundation
NoVo Foundation was established in 1999 by Peter Buffett and Jennifer Buffett. Warren Buffett provided the core endowment through annual transfers of Berkshire Hathaway shares. The foundation maintains a portfolio that includes a long equity position in Berkshire Hathaway valued at approximately $938 million as of recent filings. It also owns operating businesses such as Milestone Mill and Crop Shop Hudson Valley, both in agriculture. Direct real estate holdings encompass the Hudson Valley Farm Hub, The Metro Building, and several mixed-use properties in Kingston, New York. Activity remains concentrated in North America with no disclosed commitments to external venture funds or co-investors. The organization lists no professional headcount. It operates additional properties and programs in Kingston, New York, including Radio Kingston and community facilities. No operational events from the last 24 months appear in available records. Governance stays within the founding family. Peter Buffett and Jennifer Buffett serve as co-presidents while related Buffett family foundations operate separately under Howard G. Buffett and Susan A. Buffett.
General information
Firm type
Endowment / Foundation
Year founded
1999
Location
Region
North America
Country
United States
City
Brooklyn
Corporate office
PO Box 566, Brooklyn, NY, United States
Principals
Peter Buffett
Co-President and Co-Chair of the Board
Jennifer Buffett
Co-President and Co-Chair of the Board
Sector focus
Frequently asked questions
Who runs investment decisions at NoVo Foundation?
Peter Buffett and Jennifer Buffett serve as Co-Presidents and Co-Chairs. They oversee allocation of the Berkshire Hathaway position and direct real estate holdings.
Does NoVo Foundation participate in fund commitments or only direct deals?
Available records show only direct ownership of operating businesses and properties. No external fund commitments are disclosed.
Where does the underlying wealth come from?
Warren Buffett supplies the primary endowment through transfers of Berkshire Hathaway shares.
What is NoVo Foundation's known posture on co-investments alongside external GPs?
No participation in external fund co-investments is recorded. Capital deployment occurs through direct property ownership and local operating companies.
How is NoVo Foundation related to other Buffett family vehicles?
Peter Buffett and Jennifer Buffett lead NoVo while Howard G. Buffett and Susan A. Buffett operate separate foundations with distinct mandates.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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