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ADVOCATING for social welfare the common good social justice and policy reforms ABOUT NEO ACTION FUND NEO Philanthropy Action Fund Inc. a 501c4 entity was established in 2009. Its mission is to promote social welfare and the common good advance social justice and advocate for policy reforms. NEO Action Fund works to achieve these goals through a variety of strategies including supporting efforts to inform policy makers 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.