Catalytic Capital | April 18, 2017

Buffets launch a seven-year, $90 million plan to support girls of color in the U.S.

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Members of the Buffet family have launched a seven-year, $90 million plan to support girls of color in the U.S.

The NoVo Foundation, established by Peter and Jennifer Buffett, will target groups and organizations working with girls of color in the southeastern U.S., home to 40 percent of minority girls in the U.S.

Warren Buffett’s youngest son and daughter-in-law have spent the year since announcing the commitment talking to minority girls and advocates like Brooklyn-based Girls for Gender Equity.

Over the next seven years, the foundation will support policy and research on issues facing girls of color and community organizations that work with them directly.

“Our organizing work looks very different from organizing in New York,” Kameisha Smith, who works with girls in the Mississippi Delta through the Nollie Jenkins Family Center, told Bloomberg. “Our success looks different than success in New York.”

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