Libra Global Philanthropies Foundation
Libra Global Philanthropies Foundation is an independent 501(c)(3) private foundation established in 2023 by the Logothetis family. Based in New York, NY, the foundation is dedicated to perpetuating and scaling the legacy of social responsibility initiatives carried out by its sister organization, Libra Group, over the past decade. The foundation operates through a multifaceted approach combining social impact programs, strategic giving, and independent nonprofits incubated by the Libra ecosystem.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$75K
-79.5% YoY
Annual Giving
$3.4M
+46.2% YoY
Grant Count
69
-27.4% YoY
Avg Grant Size
$50K
+101.3% YoY
Mission & Focus Areas
The foundation's mission centers on building global human potential and fostering hope through powerful connections, programs, and resources. The organization redefines philanthropy by fostering international partnerships, creating innovative programs, and supporting changemakers to tackle unresolved social needs across the world.
Libra Philanthropies operates through four core activities:
- Establishing Nonprofits — Working with community stakeholders to establish nonprofits around the world that grow to operate independently where unmet needs exist
- Catalyzing Existing Nonprofits — Combining hands-on support, operational expertise, capacity building, network connections, and strategic giving to scale and internationalize organizations
- Empowering Leaders — Encouraging people worldwide to recognize their unique potential through access to mentorship, skills development, and international networking opportunities
- Funding Change — Providing grants to organizations worldwide in five key areas: economic opportunity, education, health, community development, and leadership
Primary funding focus areas include economic empowerment, health, humanitarian aid, leadership, and education.
Grantmaking
The foundation makes contributions to preselected charitable organizations, supporting both U.S. 501(c)(3) organizations and international charities.
Average Grant
amount: $24,000
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation has demonstrated global reach:
- Active in 183 countries
- Primary support regions include New York, District of Columbia, Illinois, and Virginia
- Engaged with organizations across 41+ countries in 2024
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total assets: $74,825
- Total revenues: $4,280,515
- Total expenses: $4,530,132
- Total giving: $3,430,698
- Number of employees: 3–8
Historical Giving Trends:
- 2022: $3.3 million in annual giving
- 2023: $2.3 million in annual giving
- 2024: $3,430,698 in total giving
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $74,825 | $364,621 | $20,039 |
| Revenue | $4,280,515 | $3,948,000 | $2,701,686 |
| Expenses | $4,530,132 | $3,554,131 | $2,864,909 |
| Qualifying Distributions | $4,565,927 | $3,611,433 | $2,762,010 |
| Net Investment Income | — | — | — |
| Distributable Amount | $5,142 | $5,685 | $3,159 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
150 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Rosanna Mortoglou — CEO of Libra Philanthropies
- Gina Crivelli — Director of Programs and Impact
- Regina Sheridan — Principal Officer
- Nicholas M. Logothetis — Co-founder of Concordia (founding sponsor initiative)
- Matthew A. Swift — Co-founder of Concordia (founding sponsor initiative)
- Nitzia Logothetis — Co-founder of Seleni Institute
- George Logothetis — Co-founder of Seleni Institute
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE LOGOTHETIS | CHAIR | 1 | — |
| NICHOLAS LOGOTHETIS | VICE CHAIR | 1 | — |
| PHAEDRA CHROUSOS | SECRETARY/TREASURER | 1 | — |
| MARIA PAULA CORREA | BOARD MEMBER | 1 | — |
| DIANA DOUKAS | BOARD MEMBER | 1 | — |
Recent News & Activity
Recent developments and announcements
**2025 Annual Impact Report:**
Libra Philanthropies Releases Inaugural Annual Impact Report and AnnouncesThe foundation released its inaugural Annual Impact Report in May 2025, marking a significant milestone in its mission. The report highlighted:
Libra Philanthropies Releases Inaugural Annual Impact Report and AnnouncesSupport for 400+ organizations across 15 years of philanthropic impact
Positive impact on 26+ million lives worldwide
1.1 million lives impacted through funded projects in 2024 alone
Engagement with 81 organizations, including 64 grantees
26 Rising Global Leader engagements and 33 partner collaborations
Libra Philanthropies anuncia una nueva era del programa Rising Global Leaders**Democracy Cohort Program (2026):**
In February 2026, Libra Philanthropies announced the inaugural Changemakers: Democracy Cohort under its flagship Rising Global Leaders program. This specialized 9-month program supports young leaders championing innovative solutions to strengthen democratic values and civic engagement worldwide. The program features expert-led workshops, 1:1 mentorship, and peer-to-peer learning designed to scale initiatives and deepen systemic impact.
Libra Philanthropies Announces Inaugural Democracy Cohort To Empower Next-Generation**Civic Engagement Expansion:**
The foundation announced its first civic engagement event in Athens, signaling geographic expansion of programming beyond its New York headquarters.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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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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