NEO Philanthropy

45 W. 36th St., 6th Floor
New York, NY 10018
(212) 378-2800
Website: www.theneodifference.org

Contact:
Sarah Motola
Program Manager, Fiscal Sponsorship
smotola@theneodifference.org

Year organization became a 501(c)(3): 1983
Year of first fiscal sponsorship: 1983
Number of sponsored projects: 50

Fiscal sponsorship fee:
NEO Philanthropy's fees for fiscal sponsorship range from 6% to 10%, depending on the budget and complexity of the project. Our fee is 15% for project management.

Eligibility criteria:

  • Aligned mission/values
  • Minimum budget
  • Other: Only projects that are closely aligned with NEO Philanthropy's mission and existing projects are considered for fiscal sponsorship. To be eligible, supported projects or groups must be aligned with NEO's social justice mission, further a legitimate tax-exempt purpose, demonstrate a likelihood of project completion, and meet other budget and review criteria.

Types of projects or services we sponsor:

  • Education
  • Environment/sustainable growth
  • People or communities of color/minorities
  • Political advocacy/social justice
  • Women

Services we offer projects:

  • Bill paying
  • Bookkeeping/accounting
  • Legal services
  • Organizational development
  • Other: Grantmaking, online donation receipt through Network for Good, HR management, payroll, tax reporting, auditing and computer IT.

Organization description:
NEO Philanthropy (NEO), formerly Public Interest Projects, brings together and strengthens the work of philanthropic institutions, nonprofit groups and other public interest organizations sharing a vision of a society that ensures justice, dignity, and opportunity for all people. NEO is a 501(c)(3) public charity that operates grantmaking, technical assistance, and strategic-planning programs for institutional donors interested in social justice and human rights issues. NEO offers fiscal sponsorship and fund management to projects that do not have a 501(c)(3) tax-exempt status, which broadens their funding avenues. We offer a comprehensive package of services including day-to-day management, fiscal oversight, budget monitoring and reporting, HR services, payroll and fringe benefits, and administrative support

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