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Libra Foundation Owen W Wells Trustee is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 1990. It holds total assets of $161.6M. Annual income is reported at $41.4M. According to available records, Libra Foundation Owen W Wells Trustee has made 232 grants totaling $18.8M, with a median grant of $5K. The foundation has distributed between $6.1M and $6.4M annually from 2020 to 2023. Individual grants have ranged from $2K to $4.2M, with an average award of $81K. The foundation has supported 104 unique organizations. The foundation primarily supports organizations in Maine, Massachusetts, New Hampshire, which account for 100% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Libra Foundation Owen W Wells Trustee is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 232 grants. Its grantmaking reaches organizations primarily in ME, MA, NH.
Libra Foundation Owen W Wells Trustee has distributed a total of $18.8M across 232 grants. The median grant size is $5K, with an average of $81K. Individual grants have ranged from $2K to $4.2M.
APPLICANT MUST BE A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) AND NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). THE FOUNDATION LIMITS ITS GRANTS TO CHARITABLE ORGANIZATIONS, ACTIVITIES, OPERATIONS OR PURPOSES WHICH ONLY TAKE PLACE WITHIN THE STATE OF MAINE.
Libra Foundation Owen W Wells Trustee is headquartered in PORTLAND, ME. While based in ME, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Craig N Denekas | CHAIRMAN/CEO | $420K | $74K | $494K |
| Jere G Michelson | PRESIDENT/COO/CFO | $410K | $62K | $472K |
| Paul Pietropaoli | EXECUTIVE VICE PRESIDENT | $290K | $72K | $363K |
| Erik Hayward | EXECUTIVE VICE PRESIDENT | $290K | $58K | $348K |
| Owen W Wells | TRUSTEE | $100K | $41K | $141K |
Total Giving
$9.1M
Total Assets
$170M
Fair Market Value
$137.7M
Net Worth
$169.6M
Grants Paid
$6M
Contributions
$0
Net Investment Income
$0
Distribution Amount
$6.9M
Total: $30.8M
Total Grants
232
Total Giving
$18.8M
Average Grant
$81K
Median Grant
$5K
Unique Recipients
104
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pineland Farms IncDEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | New Gloucester, ME | $4.2M | 2023 |
| MainehealthRAISING READERS PROGRAM | Portland, ME | $1.1M | 2023 |
| Foxcroft AcademyPISCATAQUIS COUNTY ICE ARENA OPERATING EXPENSES | Doverfoxcroft, ME | $173K | 2023 |
| Fort Kent Outdoor CenterGENERAL OPERATING SUPPORT | Fort Kent, ME | $50K | 2023 |
| Mainehealth Dba Pen Bay Waldo Healthcare FoundationCONSTRUCT NEW HEALTH CENTER |
| Pendred E Noyce | TRUSTEE | $0 | $0 | $0 |
| William J Ryan | TRUSTEE | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Rockland, ME |
| $50K |
| 2023 |
| Boys & Girls Clubs Of Southern MaineA PLACE FOR GROWTH CAPITAL CAMPAIGN | Portland, ME | $50K | 2023 |
| City Of Presque Isle Fbo Nordic Heritage Outdoor CenterGENERAL OPERATING SUPPORT | Presque Isle, ME | $50K | 2023 |
| Friends Of Katahdin Woods & WatersTEKAKAPIMEK CONTACT STATION | Portland, ME | $25K | 2023 |
| State Ymca Of Maine Dba Ymca Camp Of MaineENDOWMENT FUND | Winthrop, ME | $25K | 2023 |
| Farnsworth Art MuseumGENERAL OPERATING SUPPORT | Rockland, ME | $20K | 2023 |
| Portland Stage CompanyGENERAL OPERATING SUPPORT | Portland, ME | $20K | 2023 |
| Portland Symphony OrchestraGENERAL OPERATING SUPPORT | Portland, ME | $20K | 2023 |
| Portland Museum Of ArtGENERAL OPERATING SUPPORT | Portland, ME | $20K | 2023 |
| Maine Public Broadcasting NetworkGENERAL OPERATING SUPPORT | Lewiston, ME | $10K | 2023 |
| Good Shepherd Food BankCAMPAIGN TO END HUNGER | Auburn, ME | $10K | 2023 |
| Maine Maritime MuseumGENERAL OPERATING SUPPORT | Bath, ME | $10K | 2023 |
| Salvation Army - Northern New England DivisionGENERAL OPERATING SUPPORT | Portland, ME | $10K | 2023 |
| Maine Historical SocietyGENERAL OPERATING SUPPORT | Portland, ME | $10K | 2023 |
| Peregrine Corporation Dba StriveGENERAL OPERATING SUPPORT | South Portland, ME | $10K | 2023 |
| Island InstituteGENERAL OPERATING SUPPORT | Rockland, ME | $10K | 2023 |
| Maine Adaptive Sports & RecreationGENERAL OPERATING SUPPORT | Newry, ME | $5K | 2023 |
| Maine Association Of NonprofitsGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| Maine AudubonGENERAL OPERATING SUPPORT | Falmouth, ME | $5K | 2023 |
| Maine Children'S Home For Little WanderersGENERAL OPERATING SUPPORT | Waterville, ME | $5K | 2023 |
| Maine Discovery MuseumGENERAL OPERATING SUPPORT | Bangor, ME | $5K | 2023 |
| Maine Farmland TrustGENERAL OPERATING SUPPORT | Belfast, ME | $5K | 2023 |
| Maine Media Workshops CollegeGENERAL OPERATING SUPPORT | Rockport, ME | $5K | 2023 |
| Maine Organic Farmers And Gardeners AssociationGENERAL OPERATING SUPPORT | Unity, ME | $5K | 2023 |
| Maine State BalletGENERAL OPERATING SUPPORT | Falmouth, ME | $5K | 2023 |
| Maine State Music TheatreGENERAL OPERATING SUPPORT | Brunswick, ME | $5K | 2023 |
| Maine State Society For The Protection Of AnimalsGENERAL OPERATING SUPPORT | South Windham, ME | $5K | 2023 |
| Monhegan Historical & Cultural Museum AssociationGENERAL OPERATING SUPPORT | Monhegan, ME | $5K | 2023 |
| Northern Forest Center - MaineGENERAL OPERATING SUPPORT | Concord, NH | $5K | 2023 |
| Ogunquit Museum Of American ArtGENERAL OPERATING SUPPORT | Ogunquit, ME | $5K | 2023 |
| Ogunquit PlayhouseGENERAL OPERATING SUPPORT | Ogunquit, ME | $5K | 2023 |
| Penobscot Marine MuseumGENERAL OPERATING SUPPORT | Searsport, ME | $5K | 2023 |
| Penobscot Theatre CompanyGENERAL OPERATING SUPPORT | Bangor, ME | $5K | 2023 |
| Penquis Community Action Program IncGENERAL OPERATING SUPPORT | Bangor, ME | $5K | 2023 |
| Portland BalletGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| Portland Conservatory Of MusicGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| Portland OvationsGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| Home IncGENERAL OPERATING SUPPORT | Orland, ME | $5K | 2023 |
| American Red Cross Of MaineGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| Autism Society Of MaineGENERAL OPERATING SUPPORT | Winthrop, ME | $5K | 2023 |
| Bangor Symphony OrchestraGENERAL OPERATING SUPPORT | Bangor, ME | $5K | 2023 |
| Bay Chamber ConcertsGENERAL OPERATING SUPPORT | Rockport, ME | $5K | 2023 |
| Bigelow Laboratory For Ocean SciencesGENERAL OPERATING SUPPORT | East Boothbay, ME | $5K | 2023 |
| Center For A Green FutureGROWING TO GIVE PROGRAM | Brunswick, ME | $5K | 2023 |
| Center For Grieving ChildrenGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| Center For Maine Contemporary ArtGENERAL OPERATING SUPPORT | Rockland, ME | $5K | 2023 |
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