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
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
States
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from NEO Philanthropy Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CATHY ALBISA | VICE CHAIR | 1 | — |
| CHRISTINA SCHATZ | SECRETARY/TREASURER | 1 | — |
| KERRIEN SUAREZ | CO-CHAIR | 1 | — |
| KRISTEN RUFF | CO-CHAIR | 1 | — |
| ALEX-HANDRAH AIME | BOARD MEMBER | 1 | — |
| BLAKE STRODE | BOARD MEMBER | 1 | — |
| DARREN SANDOW | BOARD MEMBER (THROUGH JANUARY 2024) | 1 | — |
| GLENN HARRIS | BOARD MEMBER | 1 | — |
| JOHN GILROY ESQ | BOARD MEMBER | 1 | — |
| KESI B FOSTER | BOARD MEMBER | 1 | — |
| SEAN THOMAS-BREITFELD | BOARD MEMBER (THROUGH JULY 2024) | 1 | — |
| ERIN BALLARD | COO AND EXECUTIVE VP | 39.6 | $269,084 |
| MICHELE LORD | PRESIDENT | 39.5 | $323,627 |
| SU LIM | CFO AND VP OF INFRASTRUCTURE | 35.6 | $220,283 |
| ERICA LINNICK | VICE PRESIDENT, SIF | 40 | $260,028 |
| MARGARITA RUBALCAVA | CHIEF PROGRAM OFFICER | 39.9 | $266,010 |
| RINI CHAKRABORTY | VICE PRESIDENT, FFF | 38.1 | $257,563 |
| RUTLEDGE SIMMONS | VICE PRESIDENT AND GENERAL COUNSEL | 39.9 | $277,300 |
| ALEXANDRA TOMA | PROGRAM DIRECTOR | 40 | $245,940 |
| AMANDA NAVARRO | PROGRAM DIRECTOR | 40 | $228,298 |
| DWANA FRANKLIN DAVIS | PROGRAM DIRECTOR | 40 | $355,267 |
| EDWIN REKOSH | PROGRAM DIRECTOR | 40 | $244,257 |
| ZAINAB SALBI | PROGRAM DIRECTOR | 40 | $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 FoundationThe organization is recognized as a grantee by major funders including the Rockefeller Brothers Fund and The Joyce Foundation.
NEO Philanthropy, Inc. | Rockefeller Brothers FundSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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