Libra Future Fund Inc

PORTLAND, ME EIN: 20-2402155

Libra Future Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available for 2020. In 2020, it awarded 6 grants totaling $31K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$31K

Grant Count

6

Avg Grant Size

$5K

Under IRS private-foundation payout rules, Libra Future Fund Inc reported a distributable amount of $4 for 2020 — the minimum it must pay out in qualifying distributions.

About Libra Future Fund Inc

Based on IRS filings

Libra Future Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available for 2020. In 2020, it awarded 6 grants totaling $31K.

Ready to take the next step with Libra Future Fund Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

FreeportGorhamGreenvilleLewistonNew GloucesterSaint George

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$39K2020
Metric2020
Total Assets
Revenue$31,035
Expenses$35,799
Qualifying Distributions
Net Investment Income
Distributable Amount$4

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$31K6 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2020

BLAIR HILL INN$10KPRONOUNCED HUMAN LLC$5KRENTSCORE LLC$5KSTAND ALONE GEAR LLC$5KLIEF LLC$5KPINELAND FARMS INC$1K

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Blair Hill Inn ($10,000), Pronounced Human Llc ($5,000), Rentscore Llc ($5,000).

RecipientPurposeAmount
BLAIR HILL INN GREENVILLE, MEBUSINESS GRANTS$10,000
PRONOUNCED HUMAN LLC GORHAM, MEBUSINESS GRANTS$5,000
RENTSCORE LLC LEWISTON, MEBUSINESS GRANTS$5,000
STAND ALONE GEAR LLC FREEPORT, MEBUSINESS GRANTS$5,000
LIEF LLC SAINT GEORGE, MEBUSINESS GRANTS$5,000
PINELAND FARMS INC NEW GLOUCESTER, METRANSFER OF FURNITURE UPON DISSOLUTION$1,410

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
ERIK K HAYWARDPRESIDENT AND TREASURER5
HAYLEY GRIFFINSECRETARY2
DEVIN MCNEILLDIRECTOR2
MADELEINE PURCELLDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Libra Future Fund Inc?

Libra Future Fund Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. It holds — in total assets as of 2020.

Where does Libra Future Fund Inc operate?

Libra Future Fund Inc has awarded grants in Maine.

What size grants does Libra Future Fund Inc award?

In 2020, Libra Future Fund Inc awarded 6 grants totaling $31K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Libra Future Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Libra Future Fund Inc reported a distributable amount of $4 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Libra Future Fund Inc's EIN?

Libra Future Fund Inc's EIN (Employer Identification Number) is 20-2402155. IRS Form 990 filing data is available on this page for 2020.

Explore Open Grants

Browse active grant opportunities in Libra Future Fund Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Libra Future Fund Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Libra Future Fund Inc to a real strategy.

Plan your approach