NoVo Foundation
- Company typePrivate
- Founded2010
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
NoVo Foundation firmographics
Firmographics- Name
- NoVo Foundation
- Legal name
- NoVo Foundation
- Website
- https://novofoundation.org
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
NoVo Foundation industry classification
Industry- Product category
- Philanthropic Foundation Services
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Private Foundations (BPAGAKAA)
- akta.pro secondary industries
- Community Foundations (BPAGAKAB), Environmental & Climate Grantmaking Foundations (BPAGAKAM)
Keywords
Where NoVo Foundation is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
NoVo Foundation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure
Marketing channels2 records
NoVo Foundation product offering
Product offeringCore offering
NoVo Foundation is a private charitable foundation that makes grants to organizations and initiatives serving as 'lifeboats' through turbulent times, with a stated focus on women and children. The foundation deploys capital across community empowerment, regenerative agriculture, local healthcare networks, food systems, and community media primarily in the Hudson Valley region of New York. Since 2010, it has channeled more than $160 million into regional initiatives including the Hudson Valley Farm Hub, local radio, healthcare networks, a food co-op, and property acquisitions.
Product overview
NoVo Foundation is a charitable grant-making organization focused on providing resources and support to communities in need, with a stated mission to serve as 'lifeboats' supporting women and children through turbulent times. The foundation operates primarily through grant distributions and community initiatives rather than a technology product or software platform. The foundation runs its operations from Kingston, New York, and does not accept unsolicited funding proposals.
Differentiator
Problem solved
Functional benefit
Products and services
- Hudson Valley Farm Hub A 1,255-acre agricultural property in Kingston, New York, purchased by NoVo Foundation for $13 million in 2014 to support regenerative agriculture, research, and farmer training in the Hudson Valley region.
Quantifiable outcome
- At least $160 million invested into Hudson Valley region since 2010
- +2 more outcomes
Companies that use NoVo Foundation
Customer profileSegments1 record
Ideal customer profiles1 record
NoVo Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NoVo Foundation partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Adaptive Design Hudson ValleyminorNoVo Foundation provided a grant to Adaptive Design Hudson Valley, a registered 501(c)(3) organization, to support its operations. The organization is headquartered in Kingston, New York's Pajama Factory facility.
- Adaptive Design Hudson ValleyminorNoVo Foundation granted funding to Adaptive Design Hudson Valley upon its establishment as a registered 501(c)(3) organization, with headquarters at the Pajama Factory in Kingston, NY.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
NoVo Foundation competitors and assessment
Company assessmentDirect peers
- Susan Thompson Buffett Foundation: The Susan Thompson Buffett Foundation, also directed by members of the Buffett family and focused on reproductive health and education, is the most direct peer as it shares the same donor (Warren Buffett) and now co-receives Berkshire Hathaway stock under the 2024+ accelerated giving plan. Both foundations operate with similar capital structures, governance models, and Buffett-aligned mission framing.
- Howard G. Buffett Foundation: Founded by Warren Buffett's son Howard, this family foundation focuses on food security, conflict mitigation, and migration, and is one of the four designated recipients of Berkshire Hathaway stock donations. Directly comparable as a Buffett-family grantmaking vehicle operating at similar capital scale and geographic focus.
- Sherwood Foundation: The Sherwood Foundation, run by Warren Buffett's daughter Susie, is one of the four family foundations now receiving Berkshire Hathaway stock. Operates in Nebraska with a focus on early childhood, and is structurally identical to NoVo in capital source, governance, and family-driven mission orientation.
Broad incumbents
- Bill & Melinda Gates Foundation: The Gates Foundation was the previous recipient of the bulk of Warren Buffett's annual giving for two decades and is the most globally scaled private foundation. Comparable as a mega-endowed grantmaking organization with multi-issue global programs; differs from NoVo in scale, geographic scope, and programmatic breadth.
- Ford Foundation: The Ford Foundation is one of the largest US private foundations with a $16B+ endowment focused on inequality and global development. Comparable as a mission-driven grantmaker with diversified programmatic portfolios, but operates at significantly larger scale and broader geographic scope than NoVo.
- Open Society Foundations: Founded by George Soros, Open Society Foundations is a large-scale grantmaker focused on justice, human rights, and democratic governance. Comparable to NoVo in alignment with progressive philanthropic goals and willingness to engage in place-based and policy-oriented work, but operates globally with much larger resources.
- Rockefeller Foundation: The Rockefeller Foundation is a historic US foundation with multi-billion-dollar endowment focused on health, food systems, and climate resilience. Comparable to NoVo in regenerative agriculture and food-systems investments, but with far broader global program scope and longer institutional history.
- MacArthur Foundation: The MacArthur Foundation is a major US private foundation with a multi-billion-dollar endowment funding big bets on climate solutions and other long-term issues. Comparable to NoVo in willingness to deploy place-based and catalytic capital at scale, though MacArthur operates at a broader geographic and thematic scope.
- W.K. Kellogg Foundation: The Kellogg Foundation is a major US foundation focused on children, families, and equitable communities, with a focus on racial equity and place-based work. Comparable to NoVo in centering women and children and deploying regional investments, though at significantly larger endowment scale.
Emerging players
- Skoll Foundation: The Skoll Foundation focuses on social entrepreneurship and impact investing as complements to traditional grantmaking. Comparable to NoVo's investment in Cairnspring Mills and other impact-aligned ventures, though Skoll emphasizes global social-enterprise scaling rather than regional community building.
Market position
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights5 records
Customer concentration
NoVo Foundation social profiles
Digital presenceNoVo Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
NoVo Foundation leadership team
Management profileNumber of profiles
Profiles3 records
NoVo Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NoVo Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NoVo Foundation
What does NoVo Foundation do?
NoVo Foundation is a private charitable foundation that makes grants to organizations and initiatives serving as 'lifeboats' through turbulent times, with a stated focus on women and children. The foundation deploys capital across community empowerment, regenerative agriculture, local healthcare networks, food systems, and community media primarily in the Hudson Valley region of New York. Since 2010, it has channeled more than $160 million into regional initiatives including the Hudson Valley Farm Hub, local radio, healthcare networks, a food co-op, and property acquisitions.
Is NoVo Foundation a public or private company?
NoVo Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was NoVo Foundation founded?
NoVo Foundation was founded in 2010. It employs 11 to 50 people.
Where is NoVo Foundation based?
NoVo Foundation is headquartered in New York, United States, in the North America region.
Who are NoVo Foundation's main competitors?
Direct peers on record are Susan Thompson Buffett Foundation, Howard G. Buffett Foundation and Sherwood Foundation. Broad incumbents are Bill & Melinda Gates Foundation, Ford Foundation, Open Society Foundations, Rockefeller Foundation, MacArthur Foundation and W.K. Kellogg Foundation. Skoll Foundation is listed as an emerging player.
Does NoVo Foundation have an API?
No public API is recorded for NoVo Foundation.
What industry is NoVo Foundation in?
NoVo Foundation's product category is Philanthropic Foundation Services. Its primary akta.pro industry code is BPAGAKAA, Private Foundations, with a secondary code of BPAGAKAB, Community Foundations. Its NAICS code is 813211 and its SIC code is 6799.