Buffett foundation unveils $90M plan to help girls of color

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The Sage of Omaha and Berkshire Hathaway's CEO isn't likely to want to leave his investing powerhouse.

NEW YORK — In the 15-year existence of her girls’ empowerment organization, Joanne Smith has dealt with funders and donors but never quite like this: a foundation putting $90 million toward helping girls of color by letting them determine their needs instead of being told what the funds have to be used for.

The NoVo Foundation, founded in 2006 by Jennifer and Peter Buffett, the youngest son and daughter-in-law of billionaire investor Warren Buffett, officially announced on Thursday how its $90 million…READ MORE

 

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