KINGSTON — The NoVo Foundation, a local family foundation run by Peter and Jennifer Buffett, is set to receive 400,000 shares of Berkshire Hathaway stock with an estimated value of $200 million.

Peter Buffet’s father, legendary investor Warren Buffet, made the historic donation and is expected to support The Novo Foundation’s core initiatives focusing on gender equity, community resilience, and social justice initiatives.

The new infusion marks one of the largest donations in its history. In a statement issued to Berkshire Hathaway investors in late October, Warren Buffett is donating his vast wealth to four family foundations.

The multimillion-dollar donation will certainly have a significant impact on community organizations and the citizens of Kingston and Ulster County.

In a docume

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