Libra Foundation
EIN 046626994
Possibly inactive.
Last 990-PF filing on record is from 2023
(3 years ago). Verify before investing time in an application.
Total Given 2016–2023
$51.4M
540 grants · $6.4M avg/year
based on 8 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$5K
typical small grants · $5K–$10K
grant size
45%
supporter · 85/187 multi-year
repeat
$137.7M
Assets (2023)
187
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
CRAIG N DENEKAS
Phone
(207) 879-6280
Deadlines
NONE
How to Apply
THE FOUNDATION REQUIRES THAT A FORMAL APPLICATION BE SUBMITTED INCLUDING ORGANIZATION NAME, ADDRESS, CHARITABLE PROJECT, AMOUNT REQUESTED, PURPOSE OF PROJECT, GEOGRAPHIC AREA AND NUMBER OF PEOPLE TO BE SERVED BY PROJECT.
Restrictions
APPLICANT MUST BE A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) AND NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). THE FOUNDATION LIMITS ITS GRANTS TO CHARITABLE ORGANIZATIONS, ACTIVITIES, OPERATIONS OR PURPOSES WHICH ONLY TAKE PLACE WITHIN THE STATE OF MAINE.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $5.5M | $83.4M | $-401K | 55 |
| 2017 | $10.3M | $168.6M | $90.2M | 74 |
| 2018 | $10.4M | $172.2M | $22.1M | 91 |
| 2020 | $6.4M | $156.5M | $2.8M | 87 |
| 2021 | $6.4M | $156.5M | $7.2M | 88 |
| 2022 | $6.3M | $139.7M | $-2.7M | 80 |
| 2023 | $6.1M | $137.7M | $-339K | 65 |
Grant Size Distribution
Based on 540 grants on record
Minimum
$250
25th Pctl
$5K
Median
$5K
Average
$95K
75th Pctl
$10K
Maximum
$4.2M
Geographic Distribution
Officers & Directors
PP
Paul Pietropaoli
4 yrs
Executive Vice President
Leadership
EH
Erik Hayward
7+ yrs
Executive Vice President
Leadership
JM
Jere G Michelson
7+ yrs
President/Coo/Cfo
Leadership
CD
Craig N Denekas
7+ yrs
Chairman/Ceo
Leadership
OW
Owen W Wells
7+ yrs
Trustee
WR
William J Ryan
7+ yrs
Trustee
PN
Pendred E Noyce
7+ yrs
Trustee
CD
Craig N Denekas
7+ yrs
Chairman/Ceo
Leadership
EH
Erik Hayward
7+ yrs
Executive Vice President
Leadership
PP
Paul Pietropaoli
4 yrs
Executive Vice President
Leadership
JM
Jere G Michelson
7+ yrs
President/Coo/Cfo
Leadership
PN
Pendred E Noyce
7+ yrs
Trustee
WR
William J Ryan
7+ yrs
Trustee
OW
Owen W Wells
7+ yrs
Trustee
CD
Craig N Denekas
7+ yrs
Chairman/Ceo
Leadership
PP
Paul Pietropaoli
4 yrs
Executive Vice President
Leadership
EH
Erik Hayward
7+ yrs
Executive Vice President
Leadership
JM
Jere G Michelson
7+ yrs
President/Coo/Cfo
Leadership
WR
William J Ryan
7+ yrs
Trustee
PN
Pendred E Noyce
7+ yrs
Trustee
OW
Owen W Wells
7+ yrs
Trustee
EH
Erik Hayward
7+ yrs
Senior Vice President
Leadership
CD
Craig N Denekas
7+ yrs
Chairman/Ceo
Leadership
JM
Jere G Michelson
7+ yrs
President/Coo/Cfo
Leadership
OW
Owen W Wells
7+ yrs
Trustee
PN
Pendred E Noyce
7+ yrs
Trustee
WR
William J Ryan
7+ yrs
Trustee
PP
Paul Pietropaoli
4 yrs
General Counsel
Grants Awarded (540 total)
| Purpose | ||||
|---|---|---|---|---|
| Pineland Farms Inc | New Gloucester, ME | $4,165,000 | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | 2023 |
| Maine Medical Center | Portland, ME | $4,000,000 | FACILITIES INFRASTRUCTURE AND MEDICAL SCHOOL SCHOLARSHIPS | 2017 |
| Pineland Farms Inc | New Gloucester, ME | $3,950,000 | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | 2018 |
| Pineland Farms Inc | New Gloucester, ME | $3,925,000 | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | 2022 |
| Pineland Farms Inc | New Gloucester, ME | $3,900,000 | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | 2020 |
| Pineland Farms Inc | New Gloucester, ME | $3,705,000 | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | 2021 |
| Pineland Farms Inc | New Gloucester, ME | $3,620,000 | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | 2017 |
| Pineland Farms Inc | New Gloucester, ME | $3,140,000 | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | 2016 |
| Foxcroft Academy | Doverfoxcroft, ME | $2,000,000 | CAPITAL CAMPAIGN FOR NEW FIELDHOUSE | 2018 |
| Maine Medical Center | Portland, ME | $2,000,000 | CAPITAL CAMPAIGN | 2018 |
| Mainehealth | Portland, ME | $1,151,766 | RAISING READERS PROGRAM | 2020 |
| Mainehealth | Portland, ME | $1,137,959 | RAISING READERS PROGRAM | 2022 |
| Mainehealth | Portland, ME | $1,126,851 | RAISING READERS PROGRAM | 2021 |
| Mainehealth | Portland, ME | $1,101,003 | RAISING READERS PROGRAM | 2023 |
| Mainehealth | Portland, ME | $1,091,296 | RAISING READERS PROGRAM | 2018 |
| Mainehealth | Portland, ME | $1,085,895 | RAISING READERS PROGRAM | 2016 |
| Mainehealth | Portland, ME | $1,053,384 | RAISING READERS PROGRAM | 2017 |
| Foxcroft Academy | Doverfoxcroft, ME | $475,525 | PISCATAQUIS COUNTY ICE ARENA OPERATING EXPENSES | 2021 |
| Foxcroft Academy | Doverfoxcroft, ME | $454,345 | PISCATAQUIS COUNTY ICE ARENA OPERATING EXPENSES | 2020 |
| Foxcroft Academy | Doverfoxcroft, ME | $362,998 | PISCATAQUIS COUNTY ICE ARENA OPERATING EXPENSES | 2022 |
| Gulf of Maine Research Institute | Portland, ME | $250,000 | CAPITAL INFRASTRUCTURE, EQUIPMENT AND RELATED MATERIALS | 2018 |
| Gulf of Maine Research Institute | Portland, ME | $250,000 | CAPITAL INFRASTRUCTURE, EQUIPMENT AND RELATED MATERIALS | 2017 |
| Gulf of Maine Research Institute | Portland, ME | $250,000 | CAPITAL INFRASTRUCTURE, EQUIPMENT AND RELATED MATERIALS | 2017 |
| Sunrise County Economic Council | Machias, ME | $243,062 | MACHIAS VALLEY CENTER FOR ENTREPRENEURSHIP & BUSINESS HUB | 2021 |
| Bates College | Lewiston, ME | $200,000 | PURPOSEFUL WORK INTERNSHIP PROGRAM | 2016 |