A Buffett family foundation will devote $90 million to supporting girls of color
The NoVo Foundation is making a big commitment.Image: alex wong/Getty Images
By Emma Hinchliffe2017-04-13 15:55:47 UTC
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.
Since then, the nonprofit has talked to advocates and communities about how to ensure the funding is put to its best use. In practice, the money will go to community-based organizations, to communities in the Southeast, and to policy and research groups working on issues related to the lives of women and girls of color. The foundation expects to award about $13 million in its first year.
The influx of funding for initiatives in the Southeast could be a big deal, since the foundation chose the region after seeing it had often been ignored by philanthropy.
Community groups, local organizers, and advocates on the policy side can all apply for grants over the next few weeks.
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Video will play inPlay nowDon’t auto playNever auto playAn Auckland family are overjoyed their beloved family cat Freddie has been returned to them after going missing 18 months ago. Lisa Baillie said Freddie spent the last two weeks hanging around the Animates store at St Lukes, so staff took him to the nearby vet to have his microchip scanned. “I just got a call out of the blue from Pet Doctors. ‘Did you have a cat called Freddie? We’ve found him,'” Baillie said. “I think I screamed. I was at work, I just yelled when they said we’ve got a cat called Freddie, I was just in shock.” Jack Baillie cuddles Freddie the cat, who has returned to his family 18 months after going missing. Photo / Supplied Freddie had disappeared “basically off the face of the earth” from their home in September 2015. Baillie was unsure why he went missing but thought it might have been because the house was on the market and Freddie had been disrupted by all the open homes and strangers coming through the house. She reported him missing and put out fliers in her neighbourhood, but five weeks later had to move to a different area. “The kids chose him and he was only two, they were just devastated,” she said. Though the kids had talked about Freddie every week since he went missing, Baillie had given up hope on ever seeing him again, which was why the call from the vet last Thursday was such a surprise. Continued below.Related ContentVideoCat returns home after 18 months Loyalty low in 30pc of bank customers My car accident left me terrified of driving – so I asked racing legend Greg Murphy for help Freddie has made himself at home in his family’s new house. Photo / Supplied Freddie appeared to be well-fed and in good health, so Baillie suspects someone may have taken him in and looked after him, though questions why they did not take him in to see if he had a microchip. She picked up her daughter, Sophie, from school and got Freddie from the vet, then surprised her son, Jack, when he came home for the day. A video Baillie took shows Jack, 8, coming home from school and discovering Freddie asleep on a bed in the house, then gently wrapping his arms around the cat and cuddling him. “Jack, you can see in his face, he just couldn’t believe it. They’ve just been doting over him ever since.” Baillie said Freddie seemed happy as ever, “totally affectionate”, and appeared to be enjoying spending time around the kids. Freddie is happy to be back with his family, Lisa Baillie says. Photo / Supplied “We’ve just been on a high ever since Thursday night.” Baillie wanted to thank the Animates staff for getting Freddie scanned, and also whoever cared for Freddie over the past year and a half. – NZ Herald