Foundation / Corporation
Grants of up to $25,000 to Maine nonprofit organizations to enhance the quality of life for state residents. Funding is primarily directed towards programs that promote economic development and children's welfare. Programs that promote social progress are also considered. All grant activities must take place within the State of Maine.
Since its inception, the Foundation has pursued its goal of improving Maine residents' quality of life by leveraging its financial assets to spur economic development, further entrepreneurial activity and create jobs in the State of Maine.
Thus far, the organization has worked to realize its goals primarily by making grants to organizations that it expects to develop innovative and sustainable Maine-based business initiatives and programs that provide for the welfare and betterment of children.
Though Libra Foundation focuses its support primarily upon efforts that offer potential economic benefits to the State of Maine and its residents, and the support of children, the Foundation also funds organizations and efforts that work to realize social progress.
Traditionally, small grants are given to many organizations as opposed to large grants to only a few. Areas of giving include Arts, Culture and Humanities, Education, Environment, Health, Human Services, Justice, Public/Society Benefit and Religion.
GrantWatch ID#: 180624
In most cases, grants will not exceed $25,000.
The Foundation does not normally make multiple year gifts.
The Foundation is authorized by the Internal Revenue Service to make grants and contributions to charitable organizations other than political organizations.
No matter what the purpose of the project, no application will be considered from an organization unless it has been determined to be tax-exempt under Section 501(c)(3) of the Internal Revenue Code and "not a private foundation" under Section 509(a) of the Code.
The Foundation limits its grants to charitable organizations, activities, operations or purposes which take place only within the State of Maine.
Grants are not made to individuals, nor for fellowships, or travel, nor in the form of loans. Unsuccessful applicants are asked to wait at least one year after submitting an application before reapplying.
The Foundation does not normally award grants to supplement annual campaigns for regular operations.
Applications may be submitted at any time but must be received by February 15, May 15, August 15, and November 15 to be considered at the next regular meeting of the Trustees (which take place quarterly each year in March, June, September, and December).
More information about the Foundation may be found here:
Foundation Mission Statement:
Grant Application Procedures:
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Grant requests should be addressed to:
Three Canal Plaza, Suite 500
P.O. Box 17516
Portland, ME 04112-8516
Jennifer or Kathi