Libra Future Fund Inc
Libra Future Fund Inc is a private foundation, based in Portland, ME. IRS filing data is available for 2020. In 2020, it awarded 6 grants totaling $31K.
Libra Future Fund Inc at a glance
In short: Libra Future Fund Inc gave $31K across 6 grants in 2020 (avg $5K), mostly in Maine. Source: 2020 IRS Form 990-PF.
- Annual giving (2020)
- $31,410
- Grants made (2020)
- 6
- Average grant
- $5,235
- Median grant
- $5,000
- Primary geography
- Maine (100% of itemized 2020 grant dollars)
- Latest 990 filing
- Form 990-PF, 2020 View filing
Data from IRS Form 990-PF, 2020; updated September 2026.
Who Libra Future Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2020
The largest 2020 recipient was Blair Hill Inn ($10K). Together the top 6 received $31K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2020 grant dollars across all 6 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 6 grants totaling $31K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Blair Hill Inn Greenville, ME | Business Grants | $10,000 |
| Pronounced Human LLC Gorham, ME | Business Grants | $5,000 |
| Rentscore LLC Lewiston, ME | Business Grants | $5,000 |
| Stand Alone Gear LLC Freeport, ME | Business Grants | $5,000 |
| Lief LLC Saint George, ME | Business Grants | $5,000 |
| Pineland Farms Inc New Gloucester, ME | Transfer of Furniture Upon Dissolution | $1,410 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Revenue | Expenses | Grants paid | Grants | Distributable Amount |
|---|---|---|---|---|---|
| 2020 | $31,035 | $35,799 | $31,410 | 6 | $4 |
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.
Leadership & Key People
Officers and directors from IRS filings
Libra Future Fund Inc is led by Erik K. Hayward, President & Treasurer on the 2020 filing; none of the 4 officers listed in 2020 report compensation.
Officers on the 2020 filing
Erik K. Hayward
President & Treasurer
New on the 2020 filing
5 hrs/week
No compensation reported
Devin McNeill
Director
New on the 2020 filing
2 hrs/week
No compensation reported
Madeleine Purcell
Director
New on the 2020 filing
2 hrs/week
No compensation reported
Hayley Griffin
Secretary
New on the 2020 filing
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Libra Future Fund Inc
How much does Libra Future Fund Inc give each year?
Libra Future Fund Inc gave $31K across 6 grants in 2020, according to its 2020 IRS Form 990-PF.
What is Libra Future Fund Inc's typical grant size?
Libra Future Fund Inc's median grant in 2020 was $5,000, and its average grant was $5,235, across 6 grants on its 2020 IRS Form 990-PF.
Where does Libra Future Fund Inc give grants?
Libra Future Fund Inc gives mostly in Maine: 100% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there.
Does Libra Future Fund Inc give general operating support?
Not in 2020: none of the 6 grants with a stated purpose on Libra Future Fund Inc's 2020 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Business Grants" (5 grants).
Who are Libra Future Fund Inc's largest grantees?
Libra Future Fund Inc's largest 2020 grantees include Blair Hill Inn ($10,000), Pronounced Human LLC ($5,000) and Rentscore LLC ($5,000), according to its 2020 IRS Form 990-PF. Together they received 64% of its itemized 2020 grant dollars.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2020
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