Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Novo Foundation, based in Hurley, New York, is a philanthropic organization with significant financial resources, holding assets of over $719 million. In the past year, it reported expenses of approximately $174 million and revenue of nearly $374 million. The foundation is co-led by Jennifer and Peter Buffett, who serve as Co-Presidents. The foundation supports a wide range of initiatives across numerous cities and states in the United States, although specific subject areas of focus are not listed. Key personnel include Kimberly McLain, the Chief Financial Officer, and Brooke Pickering-Cole, the Executive Director of the Farm Hub. The foundation's activities are widespread, funding projects in cities from New York to San Francisco, and states from Alaska to Wyoming.
Focus Areas
Geographic Focus
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Financials
+2.6% from previous year
501 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $27,541,597 | TIDES FOUNDATION | PROJECT SUPPORT: ADVANCING GIRLS FUND | New york, NY, US | 2022 |
| $24,383,492 | TIDES FOUNDATION | PROJECT SUPPORT: ADVANCING GIRLS FUND | New york, NY, US | 2023 |
| $22,940,133 | TIDES FOUNDATION | PROJECT SUPPORT : ADVANCING GIRLS FUND | New york, NY, US | 2024 |
| $15,498,265 | HUDSON VALLEY FARM HUB LLC | GENERAL SUPPORT | Kingston, NY, US | 2022 |
| $15,140,000 | ROCKEFELLER PHILANTHROPY ADVISORS | PROJECT SUPPORT: THE LIFE STORY INITIATIVE | New york, NY, US | 2024 |
| $10,000,000 | TIDES CENTER | PROJECT SUPPORT: "WOMEN BUILDING UP" | San francisco, CA, US | 2022 |
| $10,000,000 | TIDES CENTER | PROJECT SUPPORT: "WOMEN BUILDING UP" | San francisco, CA, US | 2023 |
| $9,139,000 | COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY | PROJECT SUPPORT: RADIO KINGSTON CORP | Poughkeepsie, NY, US | 2022 |
| $5,977,000 | TIDES FOUNDATION | DONOR ADVISED FUND | New york, NY, US | 2024 |
| $5,692,500 | COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY | PROJECT SUPPORT: RADIO KINGSTON | Poughkeepsie, NY, US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
KM
KIMBERLY MCLAIN
| CHIEF FINANCIAL OFFICER | $354,184 | 2024 |
BP
BROOKE PICKERING-COLE
| EXEC DIR, FARM HUB | $265,225 | 2024 |
JB
JENNIFER BUFFETT
| CO-PRESIDENT | $1 | 2024 |
PB
PETER BUFFETT
| CO-PRESIDENT | $1 | 2024 |
AS
AARON STERN
| SECRETARY | $0 | 2024 |
JENNIFER BUFFETT
CO-PRESIDENT
PETER BUFFETT
CO-PRESIDENT
AARON STERN
SECRETARY
KIMBERLY MCLAIN
CHIEF FINANCIAL OFFICER
BROOKE PICKERING-COLE
EXEC DIR, FARM HUB
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025