Overview
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
in 2024, compared to $545,384,793 in 2023
501 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $27,541,597 | TIDES FOUNDATION | PROJECT SUPPORT: ADVANCING GIRLS FUND | 55 EXCHANGE PLACE SUITE 402 NEW YORK, NY US | 2022 |
| $24,383,492 | TIDES FOUNDATION | PROJECT SUPPORT: ADVANCING GIRLS FUND | 55 EXCHANGE PLACE SUITE 402 NEW YORK, NY US | 2023 |
| $22,940,133 | TIDES FOUNDATION | PROJECT SUPPORT : ADVANCING GIRLS FUND | 55 EXCHANGE PLACE SUITE 402 NEW YORK, NY US | 2024 |
| $15,498,265 | HUDSON VALLEY FARM HUB LLC | GENERAL SUPPORT | PO BOX 3971 KINGSTON, NY US | 2022 |
| $15,140,000 | ROCKEFELLER PHILANTHROPY ADVISORS | PROJECT SUPPORT: THE LIFE STORY INITIATIVE | 120 BROADWAY STE 3475 NEW YORK, NY US | 2024 |
| $10,000,000 | TIDES CENTER | PROJECT SUPPORT: "WOMEN BUILDING UP" | PO BOX 399385 SAN FRANCISCO, CA US | 2022 |
| $10,000,000 | TIDES CENTER | PROJECT SUPPORT: "WOMEN BUILDING UP" | PO BOX 399385 SAN FRANCISCO, CA US | 2023 |
| $9,139,000 | COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY | PROJECT SUPPORT: RADIO KINGSTON CORP | 25 VAN WAGNER RD POUGHKEEPSIE, NY US | 2022 |
| $5,977,000 | TIDES FOUNDATION | DONOR ADVISED FUND | 55 EXCHANGE PLACE SUITE 402 NEW YORK, NY US | 2024 |
| $5,692,500 | COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY | PROJECT SUPPORT: RADIO KINGSTON | 25 VAN WAGNER RD POUGHKEEPSIE, NY US | 2023 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
KM
KIMBERLY MCLAIN
| CHIEF FINANCIAL OFFICER | $400488 | 2022 |
KM
KIMBERLY MCLAIN
| CHIEF FINANCIAL OFFICER | $354184 | 2023 |
KM
KIMBERLY MCLAIN
| CHIEF FINANCIAL OFFICER | $354184 | 2024 |
BP
BROOKE PICKERING-COLE
| EXEC DIR, FARM HUB | $265225 | 2024 |
BP
BROOKE PICKERING-COLE
| EXEC DIR, FARM HUB | $262106 | 2023 |
JB
JENNIFER BUFFETT
| CO-PRESIDENT/CO-CHAIR | $1 | 2022 |
PB
PETER BUFFETT
| CO-PRESIDENT/CO-CHAIR | $1 | 2022 |
JB
JENNIFER BUFFETT
| CO-PRESIDENT | $1 | 2023 |
PB
PETER BUFFETT
| CO-PRESIDENT | $1 | 2023 |
JB
JENNIFER BUFFETT
| CO-PRESIDENT | $1 | 2024 |
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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