Warren Buffett does most of his philanthropic giving through the Bill & Melinda Gates Foundation — eradicating diseases and supporting communities in the developing world.
A new philanthropic endeavor from Buffett's son is bringing that giving closer to home. The NoVo Foundation, established by the Omaha billionaire as a charitable trust, will devote $90 million over the next seven years to support young women and girls of color in the United States.
Peter Buffett and his wife Jennifer Buffett, will distribute the $90 million through the NoVo Foundation. The foundation, which works on advancing adolescent girls' rights, ending violence against girls and women, helping local economies, supporting indigenous communities, and researching social and emotional learning, first announced its $90 million commitment a year ago. Read more...
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