Libra Future Fund Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Libra Future Fund Inc. Data shown is extracted from Form 990-PF filings.

EIN: 20-2402155

Foundation Overview

Based in Portland, ME, Libra Future Fund Inc has awarded 13 grants totaling $105,228 to organizations in Maine. Individual grants range from $1,410 to $45,079, with a median award of $5,000.

Latest Tax Year
2020
Total Giving (all years)
$105,228
Total Assets
$0
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
6
Median Grant
$5,000
% No Significant Change
0% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: June 2021

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Emerging Foundation: 83%

5 of 6 recipients (83%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.

Geographic Focus
Maine

100% of all grants are concentrated in Maine, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Maine, funding concentrates in Greenville (15%), Gorham (15%), Portland (15%).

Funding Trajectory
-57%

Declining funding trend with 57% decrease over 2 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Libra Future Fund Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Blair Hill Inn $10,000 Greenville, ME, US Business Grants 2020
Pronounced Human Llc $5,000 Gorham, ME, US Business Grants 2020
Rentscore Llc $5,000 Lewiston, ME, US Business Grants 2020
Stand Alone Gear Llc $5,000 Freeport, ME, US Business Grants 2020
Lief Llc $5,000 Saint George, ME, US Business Grants 2020
Pineland Farms Inc $1,410 New Gloucester, ME, US Transfer Of Furniture Upon Dissolution 2020
Blair Hill Inn $45,079 Greenville, ME, US Business Grants 2018
Simmer Food Llc $5,000 Portland, ME, US Business Grants 2018
Third Assist Llc $4,470 Blue Hill, ME, US Business Grants 2018
Kinotek Llc $5,000 Orono, ME, US Business Grants 2018
Lorraine's Cakes Llc $5,000 Standish, ME, US Business Grants 2018
Anthony Viola $4,269 Gorham, ME, US Business Grants 2018
Back40 Inc $5,000 Portland, ME, US Business Grants 2018

Foundations Similar to Libra Future Fund Inc

Discover 5 foundations with comparable assets ($0-$0), similar grant patterns, and geographic focus in ME that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 01-6084838 | 9 grants awarded
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EIN: 04-6175493 | 2 grants awarded
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$2,867.5
median grant
Friendship, ME
Same state
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EIN: 04-6018033 | 34 grants awarded
$0
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$10,000
median grant
Portland, ME
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EIN: 01-0534479 | 32 grants awarded
$0
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$10,000
median grant
Cumberland Foreside, ME
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Contact Information

Official contact details for Libra Future Fund Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 20-2402155
Website http://www.librafuturefund.org
Address PO BOX 17516 Portland, ME 04112-8516

Key People (4)

Board members, trustees, and key staff who oversee Libra Future Fund Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President And Treasurer Erik K Hayward
Secretary Hayley Griffin
Director Devin Mcneill
Director Madeleine Purcell

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Libra Future Fund Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated June 2021 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.