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Organizations Philanthropy, Voluntarism & Grantmaking Novo Foundation

Novo Foundation

Fiscal year ending 2024. Filed on October 27, 2025.

PO Box 566
5005
Hurley, New York 12443

Novo Foundation (EIN: 47-0824753) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Novo Foundation, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $297,318. The highest compensated employee at Novo Foundation is Kimberly McLain with fiscal year 2024 compensation of $583,828.

Revenue, expenses, and employee compensation

Revenue

$473,629,747

Expenses

$237,536,467

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kimberly McLain
Chief Financial Officer
$583,828
$347,551 No related comp$236,277
Matthew Tye
Managing Director, NIK, MILL, CROP SHO
$533,119
$375,000 No related comp$158,119
Brooke Pickering-Cole
Executive Director, HVFH (Until 3/31/2
$362,440
$277,252 No related comp$85,188
Julianne Schrader Ortega As of 412
Managing Director, HVFH (AS of 4/1/24)
$252,880
$220,875 No related comp$32,005
Peter Buffett
Co-President
$26,895
$1 No related comp$26,894
Jennifer Buffett
Co-President
$24,746
$1 No related comp$24,745
Aaron Stern
Secretary
$0

Benchmark Employee Compensation

Revisions to this organization profile

October 27, 2025:
2024 Novo Foundation 990 filed
October 23, 2024:
2023 Novo Foundation 990 filed
September 5, 2024:
Amended (originally filed November 15, 2023)2022 Novo Foundation 990 filed

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