NEO Philanthropy Inc logo

NEO Philanthropy Inc

NEW YORK, NY EIN: 13-3191113 Website

NEO Philanthropy Inc is a 501(c)(3) public charity based in New York, NY at 1001 Avenue of the Americas, 12th Floor. The organization functions as a bridge between philanthropic institutions and grassroots nonprofit organizations working on social justice issues. With more than 40 years of experience, NEO Philanthropy provides infrastructure, funding mechanisms, and strategic support to strengthen social justice movements and amplify the impact of both funders and community-based organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$185.6M

-7.2% YoY

Annual Giving

$103.5M

+78.4% YoY

Grant Count

558

+44.9% YoY

Avg Grant Size

$185K

+23.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

NEO Philanthropy's mission is to bring together and strengthen the work of philanthropic institutions, nonprofit groups, and other public interest organizations who share a vision of society that ensures justice, dignity, and opportunity for all people.

The organization's core values center on the belief that everyone should have the freedom to make their own choices, be treated with dignity, and have the opportunity to pursue their goals. All collaborative funds, fiscally-sponsored projects, and programs contribute to a shared vision of strong communities where everyone is valued and has a voice.

Primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Public Policy and Public Services Institutions

Grantmaking

NEO Philanthropy operates through multiple grantmaking mechanisms:

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Geographic Focus

Where this funder awards grants

NEO Philanthropy's grantmaking focuses primarily on:

  • North Carolina
  • California
  • New York

Grant Distribution by State

51states
+43 more states

Cities

AlamoAlbanyAlbuquerqueAlburquerqueAlexandriaAlexandrisAliso ViejoAllstonAmesAmherstAnchorageAngletonAnn ArborApollo BeachApopkaApple ValleyArcadiaArdenArlingtonAshburn

Financial History

Multi-year comparison from IRS filings

Total Assets: $185,577,115 (2024)

Total Giving: $104,107,545

Total Revenue: $168,890,598 (2024)

Total Expenses: $184,937,212 (2024)

Total Liabilities: $20.7 million (2024)

Staff: 447 employees (2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51M$102M$153M$203M20202021202220232024
Metric202420232022
Total Assets$185,577,115$199,912,880$153,308,341
Revenue$168,890,598$167,648,220$132,029,874
Expenses$184,937,212$128,270,774$114,068,624
Qualifying Distributions
Net Investment Income$3,789,026$2,206,645$344,630
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$26M$52M$78M$104M460 grants2020431 grants2021342 grants2022385 grants2023558 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Breakthrough Energy Foun…$23.6MAsian American Advancing…$3.7MNational Black Worker Ce…$2.6MFord Foundation$2.1MOne Arizona$1.8MBlueprint North Carolina$1.1MTides Center$1.1MAlliance For Youth Organ…$1.1MOficina Legal Del Pueblo…$1.1MCenter For Civic Policy$1.0M

Grant Size Distribution

250 grants across all recorded years

<$50K$50–100K$100–250K145$250–500K73$500K–1M30$1–5M2$5M+

Open Grants

1 open opportunity from NEO Philanthropy Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Breakthrough Energy Foundation ($23,580,000), Asian American Advancing Justice - AAJCInc ($3,675,000), National Black Worker Center Inc ($2,598,740).

RecipientPurposeAmount
Breakthrough Energy Foundation Kirkland, WAProgram Grant$23,580,000
Asian American Advancing Justice - AAJCInc Washington, DCProgram Grant$3,675,000
National Black Worker Center Inc Raleigh, NCProgram Grant$2,598,740
Ford Foundation New York, NYProgram Grant$2,123,725
One Arizona Phoenix, AZProgram Grant$1,780,000
Blueprint North Carolina Durham, NCProgram Grant$1,100,000
Tides Center Los Angeles, CAProgram Grant$1,078,250
Alliance For Youth Organizing Washington, DCProgram Grant$1,050,000
Oficina Legal Del Pueblo Unido Inc Austin, TXProgram Grant$1,050,000
Center For Civic Policy Albuquerque, NMProgram Grant$1,005,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DWANA FRANKLIN DAVISPROGRAM DIRECTOR$355KMICHELE LORDPRESIDENT$324KRUTLEDGE SIMMONSVICE PRESIDENT AND GENERAL C…$277KZAINAB SALBIPROGRAM DIRECTOR$271KERIN BALLARDCOO AND EXECUTIVE VP$269KMARGARITA RUBALCAVACHIEF PROGRAM OFFICER$266KERICA LINNICKVICE PRESIDENT, SIF$260KRINI CHAKRABORTYVICE PRESIDENT, FFF$258KALEXANDRA TOMAPROGRAM DIRECTOR$246KEDWIN REKOSHPROGRAM DIRECTOR$244KAMANDA NAVARROPROGRAM DIRECTOR$228KSU LIMCFO AND VP OF INFRASTRUCTURE$220K

From 2024 filing

NameTitleHoursCompensation
CATHY ALBISAVICE CHAIR1
CHRISTINA SCHATZSECRETARY/TREASURER1
KERRIEN SUAREZCO-CHAIR1
KRISTEN RUFFCO-CHAIR1
ALEX-HANDRAH AIMEBOARD MEMBER1
BLAKE STRODEBOARD MEMBER1
DARREN SANDOWBOARD MEMBER (THROUGH JANUARY 2024)1
GLENN HARRISBOARD MEMBER1
JOHN GILROY ESQBOARD MEMBER1
KESI B FOSTERBOARD MEMBER1
SEAN THOMAS-BREITFELDBOARD MEMBER (THROUGH JULY 2024)1
ERIN BALLARDCOO AND EXECUTIVE VP39.6$269,084
MICHELE LORDPRESIDENT39.5$323,627
SU LIMCFO AND VP OF INFRASTRUCTURE35.6$220,283
ERICA LINNICKVICE PRESIDENT, SIF40$260,028
MARGARITA RUBALCAVACHIEF PROGRAM OFFICER39.9$266,010
RINI CHAKRABORTYVICE PRESIDENT, FFF38.1$257,563
RUTLEDGE SIMMONSVICE PRESIDENT AND GENERAL COUNSEL39.9$277,300
ALEXANDRA TOMAPROGRAM DIRECTOR40$245,940
AMANDA NAVARROPROGRAM DIRECTOR40$228,298
DWANA FRANKLIN DAVISPROGRAM DIRECTOR40$355,267
EDWIN REKOSHPROGRAM DIRECTOR40$244,257
ZAINAB SALBIPROGRAM DIRECTOR40$271,493

Recent News & Activity

Recent developments and announcements

NEO Philanthropy received an $8.6 million investment from the Bill & Melinda Gates Foundation to advance economic mobility and opportunity in the United States. This funding supported the launch of the Economic Mobility and Opportunity Fund, which opened new grant applications.

Latest Grants: November 2025 | The Joyce Foundation

The organization is recognized as a grantee by major funders including the Rockefeller Brothers Fund and The Joyce Foundation.

NEO Philanthropy, Inc. | Rockefeller Brothers Fund

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does NEO Philanthropy Inc fund?

NEO Philanthropy's mission is to bring together and strengthen the work of philanthropic institutions, nonprofit groups, and other public interest organizations who share a vision of society that ensures justice, dignity, and opportunity for all people. The organization's core values center on the belief that everyone should have the freedom to make their own choices, be treated with dignity, and have the opportunity to pursue their goals. All collaborative funds, fiscally-sponsored projects, a…

How do I apply for a grant from NEO Philanthropy Inc?

NEO Philanthropy operates through multiple grantmaking mechanisms: **Collaborative Funds**: The organization leads large-scale collaborative grant-making funds on a range of social justice issues, pooling resources from multiple donors committed to shared goals. **Fiscal Sponsorship Program**: Provides administrative and support services to nonprofit organizations and projects that do not have 501(c)(3) tax-exempt status. This program also serves as an incubator for projects closely aligned wit…

Where does NEO Philanthropy Inc make grants?

NEO Philanthropy's grantmaking focuses primarily on: • North Carolina • California • New York

What size grants does NEO Philanthropy Inc award?

In 2024, NEO Philanthropy Inc awarded 558 grants totaling $103.5M — an average of about $185K per grant, based on its IRS Form 990 filings.

What is NEO Philanthropy Inc's EIN?

NEO Philanthropy Inc's EIN (Employer Identification Number) is 13-3191113. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in NEO Philanthropy Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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