Libra Future Fund Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2020
Grant Size Distribution
6 grants across all recorded years
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).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIK K HAYWARD | PRESIDENT AND TREASURER | 5 | — |
| HAYLEY GRIFFIN | SECRETARY | 2 | — |
| DEVIN MCNEILL | DIRECTOR | 2 | — |
| MADELEINE PURCELL | DIRECTOR | 2 | — |
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.