Libra Foundation Grant

The Libra Foundation


Grant amount: Up to US $25,000

Next deadline: Aug 15, 2018

Later deadlines: Nov 15, 2018, Feb 15, 2019, May 15, 2019

Applicant type: Nonprofit

Funding uses: Training / Capacity Building, Capital Project, Education / Outreach, General Operating Expense, Applied Project / Program

Location of project: Maine

Location of residency: Maine

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Overview:

Mission Statement

The Libra Foundation, based in Portland, Maine, was created by Elizabeth Noyce in 1989 and has made significant contributions to worthy causes throughout the State of Maine. Embracing the sense of proportion and fairness defined by its name, Libra, the Foundation maintains a balance and diversity of giving throughout Maine and across all populations.

While the formal application process is the norm and continues to generate the lion's share of the increasing number of annual requests, Libra does pro-actively solicit some groups to apply and also undertakes special programs of its own creation. Traditionally, small grants are given to many organizations as opposed to large grants to only a few. Areas of giving include

  • Arts, Culture & Humanities,
  • Education,
  • Environment,
  • Health,
  • Human Services,
  • Justice,
  • Public/Society Benefit and
  • Religion.

As Libra grows, it will continue to strive for innovative ways to enrich Maine, empower communities, and enhance the quality of life of all Maine citizens.

Guidelines

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. The aforementioned activities comprise the lion's share of Libra Foundation's charitable giving.

The Foundation, however, also funds organizations and programs that promise significant social benefit but may lack the ability to develop financial self-sufficiency. To date, Libra Foundation has forged innovative and productive partnerships with organizations such as the United Way and MaineHealth that offer no short-term financial incentive but present the possibility of significant long-term social payback.

In its partnership with MaineHealth, for example, Libra Foundation has developed Raising Readers, a nationally-recognized literacy program that utilizes Maine's hospitals and pediatrician offices to make books available to the families of Maine's youngsters. The Foundation has donated millions of books as part of a concerted effort to improve literacy rates in Maine. The Foundation expects that by encouraging parents to read to, and with, their children, Maine's youngsters will learn to value literacy and become more academically adept.

Therefore, 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.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • No Applications 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 only take place within the State of Maine.

Ineligibility:

  • The Foundation does not normally award grants to supplement annual campaigns for regular operations nor make multiple year gifts.
  • Having made a grant to a charitable organization, the Foundation does not generally make a subsequent grant for the same purpose.
  • Grants are not made to individuals, nor for scholarships, fellowships, or travel, nor in the form of loans.


About this funder:

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