NEO Philanthropy Action Fund Inc
NEO Philanthropy Action Fund Inc is a 501(c)(4) social welfare organization established in 2009 and based in New York, NY. The organization is designated as a civic league and social welfare organization created to promote community welfare. As a 501(c)(4) entity, contributions to NEO Action Fund are not tax-deductible. The organization operates as a subordinate entity under NEO Philanthropy.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.1M
-20.1% YoY
Annual Giving
$10.2M
+223.3% YoY
Grant Count
56
+33.3% YoY
Avg Grant Size
$182K
+142.5% YoY
Mission & Focus Areas
NEO Action Fund's mission is to promote social welfare and the common good, advance social justice, and advocate for policy reforms. The organization works to achieve these goals through supporting efforts to inform policymakers, engaging in direct advocacy, organizing and training members of the public to become active participants on issues of societal concern, and supporting capacity building and strategic direction for advocacy organizations.
The organization works on a variety of issues including:
Environmental Preservation & Climate Change: NEO Action Fund's climate program seeks to build long-term political power and provide education regarding climate change and the need for clean energy. The program provides grants to address climate change and promote clean energy at the state and national levels.
Civic Participation & Civic Engagement: NEO Action Fund promotes civic engagement through grant-making, funder alignment, and voter education to support movement-building.
Immigrant & Human Rights: NEO Action Fund's immigration program seeks to strengthen the long-term effectiveness of the grassroots immigrant justice movement to engage more adeptly in policy advocacy and in holding decision-makers accountable.
Grantmaking
NEO Action Fund provides grants and fiscal sponsorship support to organizations working on its priority issues. The organization identifies itself as "quick acting," helping donors respond to emerging needs while maintaining diligent grant-making processes. Services include rapid response support and assistance filling unexpected funding gaps and crisis management.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Year (2024):
- Total Revenue: $9,483,466
- Total Expenses: $13,434,770
- Net Income: -$3,951,304
- Total Assets: $11,051,158
- Total Liabilities: $1,590,000
Historical Financial Data:
| Fiscal Year | Assets | Revenue |
|---|---|---|
| 2023 | $13,831,195 | $9,619,356 |
| 2022 | $12,346,003 | $10,358,810 |
| 2021 | $9,329,811 | $21,403,116 |
| 2020 | $3,589,631 | $17,660,178 |
| 2019 | $7,008,393 | $13,226,182 |
| 2018 | $8,958,082 | $14,397,520 |
| 2017 | $3,171,714 | $10,114,588 |
| 2016 | $1,288,876 | $7,996,232 |
| 2015 | $1,366,295 | $2,039,350 |
| 2014 | $2,579,871 | $6,159,366 |
| 2013 | $5,054,726 | $6,171,768 |
| 2012 | $2,833,283 | $9,308,000 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,051,158 | $13,831,195 | $12,346,003 |
| Revenue | $9,483,466 | $9,101,710 | $10,358,810 |
| Expenses | $13,434,770 | $6,111,295 | $9,003,292 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $92,643 | $98,237 | $29,264 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
234 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Neo Philanthropy Inc ($3,250,000), Asian Americans Advancing Justice-Asian Law Caucus ($1,026,000), Make The Road Action Inc ($510,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Neo Philanthropy Inc New York, NY | Program Grant | $3,250,000 |
| Asian Americans Advancing Justice-Asian Law Caucus San Francisco, CA | Program Grant | $1,026,000 |
| Make The Road Action Inc Brooklyn, NY | Program Grant | $510,000 |
| NAKASEC Action Fund Centreville, VA | Program Grant | $400,000 |
| Sheriffs for Trusting Communities Durham, NC | Program Grant | $350,000 |
| New Yorkers for Equal Rights Albany, NY | Program Grant | $300,738 |
| Voces De La Frontera Action Inc Milwaukee, WI | Program Grant | $200,000 |
| Asian American Advocacy Fund Inc Norcross, GA | Program Grant | $200,000 |
| American Business Immigration Coalition Action Chicago, IL | Program Grant | $200,000 |
| Annie's List Training and Engagement Fund Austin, TX | Program Grant | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John Gilroy ESQ | Chairperson | 1 | — |
| Sara Jameel Hadad | Secretary/Treasurer | 1 | — |
| Rovika Rajkishun | Board Member | 1 | — |
| Erin Ballard | COO and Executive VP | 0.4 | $2,636 |
| Margarita Rubalcava | Chief Program Officer | 0.1 | $446 |
| Michele Lord | President | 0.5 | $3,955 |
| Su Lim | CFO and VP of Infrastructure | 4.4 | $27,224 |
| Rini Chakraborty | Vice President, FFF | 1.9 | $12,583 |
| Rutledge Simmons | Vice President and General Counsel | 0.1 | $994 |
Contact Information
Address: 1001 Avenue of the Americas, 12th Floor, New York, NY 10018-5460
Phone: 212-378-2800
Website: www.neoactionfund.org
Tax ID (EIN): 80-0444461
IRS Ruling Date: November 2009
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does NEO Philanthropy Action Fund Inc fund?
NEO Action Fund's mission is to promote social welfare and the common good, advance social justice, and advocate for policy reforms. The organization works to achieve these goals through supporting efforts to inform policymakers, engaging in direct advocacy, organizing and training members of the public to become active participants on issues of societal concern, and supporting capacity building and strategic direction for advocacy organizations. The organization works on a variety of issues in…
How do I apply for a grant from NEO Philanthropy Action Fund Inc?
NEO Action Fund provides grants and fiscal sponsorship support to organizations working on its priority issues. The organization identifies itself as "quick acting," helping donors respond to emerging needs while maintaining diligent grant-making processes. Services include rapid response support and assistance filling unexpected funding gaps and crisis management. NEO Action Fund provides donors and fiscally sponsored projects with access to experts in the field and an array of services, inclu…
What size grants does NEO Philanthropy Action Fund Inc award?
In 2024, NEO Philanthropy Action Fund Inc awarded 56 grants totaling $10.2M — an average of about $182K per grant, based on its IRS Form 990 filings.
What is NEO Philanthropy Action Fund Inc's EIN?
NEO Philanthropy Action Fund Inc's EIN (Employer Identification Number) is 80-0444461. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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