Libra Global Philanthropies Foundation
Libra Global Philanthropies Foundation is a New York, New York–based private foundation established in 2023 by the Logothetis family. It supports charitable work through grants and other initiatives, with a stated global reach and a focus on addressing social needs.
Libra Global Philanthropies Foundation at a glance
In short: Libra Global Philanthropies Foundation gave $3.4M across 69 grants in 2024 (avg $50K), top state New York. 52% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,430,698
- +46.2% vs 2023
- Grants made (2024)
- 69
- -27.4% vs 2023
- Average grant
- $49,720
- +101.3% vs 2023
- Median grant
- $25,000
- Total assets
- $74,825
- -79.5% vs 2023
- New grantees (estimate)
- 52% first-time grantees (36 of 69, 2024)
- Primary geography
- New York (28% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Libra Global Philanthropies Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests and states that it does not restrict giving to preselected organizations. Its filing describes a rolling application process. The foundation’s website says new submissions to its rolling grants programs are paused for a few months due to an unprecedented surge in applications; current grantees may discuss renewal requests at the end of their funding cycle and then submit a formal proposal. Applicants are asked to relate requests to at least one priority area. The filing lists an online application and no direct grants to individuals, political campaigns, legislative lobbying, building or capital campaigns, or projects exclusively serving religious purposes.
- Review Cycle
- Applications are accepted on a rolling basis, according to the foundation’s filing.
- Deadline
- Applications are accepted on a rolling basis, according to the foundation’s filing.
- Contact
Application contact: Gina Crivelli
Mailing address: 134 E 40Th Street, New York, NY 10016
Phone: (212) 401-9333
Email: giving@libraphilanthropies.org
Website: https://libraphilanthropies.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Libra Global Philanthropies Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Libra Philanthropies Greece Amke ($564K). Together the top 10 received $2.1M.
Organizations only. It also paid 1 grant to individuals ($16,000), which are not listed by name.
Grant Size Distribution
236 grants across all recorded years
The most common grant size was under $50K: 190 grants of 236 (81%).
Geographic Focus
Where this funder awards grants
The foundation states that it supports organizations worldwide. Its 2024 grants included recipients in New York, Washington, D.C., Illinois, and Massachusetts, as well as international recipients. The reported grant-dollar distribution by recipient state lists 28% for New York, 9% for Washington, D.C., 4% each for Illinois and Massachusetts, and 51% in an unspecified category.
Grant Distribution by State
Share of 2024 grant dollars across all 69 itemized grants.
States
Cities
Is Libra Global Philanthropies Foundation open to new grantees?
52%
first-time grantees, 2024
In 2024, 36 of 69 grantees (52%) were first-time recipients. First grants averaged $51K; repeat grants $49K. How we count
Medians: $19K first-time, $25K repeat.
- 46% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1.6M (2022) to $3.4M (2024). In 2024 it made 69 grants totaling $3.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Libra Philanthropies Greece Amke | To Supoprt General Operating Expenses. | $563,968 |
| Seleni House Foundation Inc New York, NY | General Operational Support. | $375,000 |
| Impact Entrepreneurship Award Ltd | To Support the General Operational Expenses. | $242,428 |
| Entrepreneurship Award Corp New York, NY | To Support the General Operational Expenses. | $215,000 |
| Welead | To Support the General Operational Expenses. | $194,326 |
| Fundaction Innovation Para El Desarrollo | To support the general operational expenses of the dreamers & makers program. | $111,200 |
| Embriricos Family Charitable Trust | To Support the General Operational Expenses. | $100,000 |
| Massachusetts Insitute of Technology Cambridge, MA | The philippe a. Embiricos (1968) fellowship in ocean engineering to support students at mit interested in ocean engineering. | $100,000 |
| The Barack Obama Foundation Chicago, IL | General operating expenses and for the design, planning, and implementation of my brothers keepers programming (MBK). | $100,000 |
| Washington OXI Day Foundation Washington, DC | General Operating Expenses | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $74,825 | $4,280,515 | $4,530,132 | $3,430,698 | 69 | $4,565,927 | $5,142 |
| 2023 | $364,621 | $3,948,000 | $3,554,131 | $2,346,643 | 95 | $3,611,433 | $5,685 |
| 2022 | $20,039 | $2,701,686 | $2,864,909 | $1,642,741 | 72 | $2,762,010 | $3,159 |
| 2021 | $85,812 | $85,934 | $122 | — | — | $39 | $20 |
Under IRS private-foundation payout rules, Libra Global Philanthropies Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation says it aims to foster international partnerships, create innovative programs, and support changemakers addressing unresolved social needs. Its strategic-giving priorities are economic empowerment, education, health, community development, and leadership. Its filing also names humanitarian aid as an area of grant support.
Grants include general operating support as well as purpose-specific support. For example, Seleni House Foundation describes its work as treating, training, supporting, and advocating for emotional health during the family-building years. Queensborough Community College says its fund advances the college’s educational and cultural programs. Luv Michael describes its mission as improving the lives of autistic individuals by creating workforce opportunities.
Grantmaking
In 2024, the foundation reported 69 grants totaling $3,430,698. Grant amounts ranged from $2,216 to $563,968, with a median of $25,000. Among the largest awards were $563,968 to Libra Philanthropies Greece AMKE for general operating expenses; $375,000 to Seleni House Foundation for general operational support; $242,428 to Impact Entrepreneurship Award Ltd for general operating expenses; and $215,000 to Entrepreneurship Award Corp for general operating expenses. Other notable grants included $100,000 to the Massachusetts Institute of Technology for an ocean engineering fellowship and $100,000 to The Barack Obama Foundation for general operating expenses and My Brother’s Keeper programming.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists George Logothetis as chair, Nicholas Logothetis as vice chair, Phaedra Chrousos as secretary/treasurer, and Maria Paula Correa and Diana Doukas as board members.
Libra Global Philanthropies Foundation is led by George Logothetis, Chair on every filing since 2021; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
George Logothetis
Chair
On filings since 2021
1 hr/week
No compensation reported
Nicholas Logothetis
Vice Chair
On filings since 2021
1 hr/week
No compensation reported
Phaedra Chrousos
Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Diana Doukas
Board Member
On filings since 2022
1 hr/week
No compensation reported
Maria Paula Correa
Board Member
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Jen Clarke (2023) — Executive Director
- Former: Regina Sheridan (2022) — Executive Director
Data from IRS Form 990 filings, 2021–2024. "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 Global Philanthropies Foundation
How much does Libra Global Philanthropies Foundation give each year?
Libra Global Philanthropies Foundation gave $3.4M across 69 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.3M across 95 grants.
What is Libra Global Philanthropies Foundation's typical grant size?
Libra Global Philanthropies Foundation's median grant in 2024 was $25,000, and its average grant was $49,720, across 69 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Libra Global Philanthropies Foundation that year got $51K on average.
Where does Libra Global Philanthropies Foundation give grants?
Libra Global Philanthropies Foundation's top state is New York, with 28% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was District of Columbia (9%). The most frequent recipient cities were New York, NY (14 grants) and Washington, DC (8 grants).
Does Libra Global Philanthropies Foundation give general operating support?
Yes: 33% of Libra Global Philanthropies Foundation's 2024 grants with a stated purpose (23 of 69) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Libra Global Philanthropies Foundation's largest grantees?
Libra Global Philanthropies Foundation's largest 2024 grantees include Libra Philanthropies Greece Amke ($563,968), Seleni House Foundation Inc ($375,000) and Impact Entrepreneurship Award Ltd ($242,428), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($16,000), which are not listed by name. Together they received 34% of its itemized 2024 grant dollars.
How large is Libra Global Philanthropies Foundation?
Libra Global Philanthropies Foundation reported $75K in total assets on its 2024 IRS Form 990-PF. It paid out $4.6M in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What does Libra Global Philanthropies Foundation fund?
The foundation says it aims to foster international partnerships, create innovative programs, and support changemakers addressing unresolved social needs. Its strategic-giving priorities are economic empowerment, education, health, community development, and leadership. See mission & focus areas ↑
How do I apply for a grant from Libra Global Philanthropies Foundation?
The foundation accepts unsolicited requests and states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Libra Global Philanthropies Foundation's EIN?
Libra Global Philanthropies Foundation's EIN (Employer Identification Number) is 87-3731514. IRS Form 990 filing data is available on this page for 2021–2024.
Does Libra Global Philanthropies Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Libra Global Philanthropies Foundation funds
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Cite this profile
Grantable. (2026). Libra Global Philanthropies Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/libra-global-philanthropies-foundation-morg_e51634469c774cd585487e2e56f22b80
BibTeX
@misc{grantable_873731514_2026,
author = {{Grantable}},
title = {{Libra Global Philanthropies Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/libra-global-philanthropies-foundation-morg_e51634469c774cd585487e2e56f22b80},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Libra Global Philanthropies Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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