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Libra Foundation

PORTLAND, ME EIN: 04-6626994 Website

The Libra Foundation is a private foundation committed to supporting organizations led by those most impacted by systemic oppression. Based in San Francisco, California, the foundation focuses on building community power and advancing social justice through philanthropic investments in frontline organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$161.6M

-5.0% YoY

Annual Giving

$5.2M

-14.2% YoY

Grant Count

67

+3.1% YoY

Avg Grant Size

$78K

-16.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Libra Foundation's guiding principle is that those closest to systemic issues understand them best and are most equipped to build and implement effective solutions. The foundation is committed to a vision of society that uplifts and empowers all people, believing that all people deserve to live free of systemic oppression, economic insecurity, and environmental harm.

Primary funding focus areas include:

  • Criminal justice system transformation
  • Environmental and climate justice
  • Gender justice
  • Racial justice
  • Democratic rights and community power-building

The foundation prioritizes funding BIPOC-led movements working at the grassroots level to build power in communities and center those most impacted by systemic inequities.

Grantmaking

The Libra Foundation emphasizes multi-year, unrestricted grants to frontline organizations working toward transformational change. The foundation's approach to philanthropy is centered on trust—trusting grantees who are closest to their communities to set the strategic vision for their work.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AmherstAuburnAugustaBangorBar HarborBathBelfastBiddefordBinghamBlue HillBoothbayBostonBridgtonBrunswickCamdenConcordCumberlandDamariscottaDoverfoxcroftEast Boothbay

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$8M$11M20202021202220232024
Metric202420232022
Total Assets$161,557,671$170,023,543$174,993,751
Revenue$-1,523,256$-339,498$-2,662,658
Expenses$8,208,021$9,054,568$9,064,186
Qualifying Distributions$9,428,577$9,902,582$10,278,739
Net Investment Income
Distributable Amount$6,626,047$6,895,170$7,091,963

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M87 grants202088 grants202180 grants202265 grants202367 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FOXCROFT ACADEMY$159KCROSS INSURANCE ARENA$75KMAINEHEALTH$58KFORT KENT OUTDOOR CENTER$50KFARNSWORTH ART MUSEUM$20KBEST BUDDIES IN MAINE$10KGOOD SHEPHERD FOOD BANK …$10KISLAND INSTITUTE$10KMAINE HISTORICAL SOCIETY$10KMAINE MARITIME MUSEUM$10K

Grant Size Distribution

250 grants across all recorded years

229<$50K14$50–100K3$100–250K3$250–500K$500K–1M1$1–5M$5M+

Open Grants

1 open opportunity from Libra Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Supriya Lopez Pillai serves as President of the Libra Foundation.

Compensation Overview

From 2024 IRS filing

CRAIG N DENEKASCHAIRMAN/CEO$423KJERE G MICHELSONPRESIDENT/COO/CFO$413KERIK HAYWARDEXECUTIVE VICE PRESIDENT$308KPAUL PIETROPAOLIEXECUTIVE VICE PRESIDENT$308KOWEN W WELLSTRUSTEE$101K

From 2024 filing

NameTitleHoursCompensation
OWEN W WELLSTRUSTEE30$100,801
CRAIG N DENEKASCHAIRMAN/CEO50$423,364
JERE G MICHELSONPRESIDENT/COO/CFO50$413,284
ERIK HAYWARDEXECUTIVE VICE PRESIDENT50$307,561
PENDRED E NOYCETRUSTEE10
WILLIAM J RYANTRUSTEE10
PAUL PIETROPAOLIEXECUTIVE VICE PRESIDENT50$307,561

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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