Executive compensation
Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
Chairman/ceo Unclassified | $423k $457k |
President/coo/cfo Board President Above 90th percentile | $413k $446k |
Executive Vice President 75th to 90th percentile | $308k $332k |
Executive Vice President 75th to 90th percentile | $308k $332k |
Trustee Board Member Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Maine | $101k $109k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at LIBRA FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$5.2M
Itemized grants
67
Median grant
$5k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| PINELAND FARMS INC | NEW GLOUCESTER, ME | DEVELOP, OPERATE AND STAFF PINELAND FARMS, INC. FOR AGRICULTURAL PROMOTION, EDUCATION AND RESEARCH IN MAINE | $4.4M |
| FOXCROFT ACADEMY | DOVERFOXCROFT, ME | PISCATAQUIS COUNTY ICE ARENA OPERATING EXPENSES | $159k |
| CROSS INSURANCE ARENA | PORTLAND, ME | COMMUNITY USE OF CIVIC CENTER EVENTS | $75k |
| MAINEHEALTH | PORTLAND, ME | RAISING READERS PROGRAM | $58k |
| FORT KENT OUTDOOR CENTER | FORT KENT, ME | GENERAL OPERATING SUPPORT | $50k |
| PRESQUE ISLE COMMUNITY RECREATION ASSOCIATION INC | PRESQUE ISLE, ME | GENERAL OPERATING SUPPORT | $50k |
| FARNSWORTH ART MUSEUM | ROCKLAND, ME | GENERAL OPERATING SUPPORT | $20k |
| PORTLAND MUSEUM OF ART | PORTLAND, ME | GENERAL OPERATING SUPPORT | $20k |
| PORTLAND STAGE COMPANY | PORTLAND, ME | GENERAL OPERATING SUPPORT | $20k |
| PORTLAND SYMPHONY ORCHESTRA | PORTLAND, ME | GENERAL OPERATING SUPPORT | $20k |
| BEST BUDDIES IN MAINE | CUMBERLAND, ME | SCHOOL FRIENDSHIP PROGRAM | $10k |
| GOOD SHEPHERD FOOD BANK OF MAINE | AUBURN, ME | GENERAL OPERATING SUPPORT | $10k |
| ISLAND INSTITUTE | ROCKLAND, ME | GENERAL OPERATING SUPPORT | $10k |
| MAINE HISTORICAL SOCIETY | PORTLAND, ME | GENERAL OPERATING SUPPORT | $10k |
| MAINE MARITIME MUSEUM | BATH, ME | GENERAL OPERATING SUPPORT | $10k |
| MAINE PUBLIC | LEWISTON, ME | GENERAL OPERATING SUPPORT | $10k |
| PEREGRINE CORPORATION DBA STRIVE | SOUTH PORTLAND, ME | GENERAL OPERATING SUPPORT | $10k |
| PROSPERITYME | PORTLAND, ME | FINANCIAL LITERACY FOR IMMIGRANTS AND REFUGEES | $10k |
| SALVATION ARMY - NORTHERN NEW ENGLAND DIVISION | PORTLAND, ME | GENERAL OPERATING SUPPORT | $10k |
| ALZHEIMER'S ASSOCIATION - MAINE CHAPTER | SCARBOROUGH, ME | GENERAL OPERATING SUPPORT | $5k |
| AMERICAN RED CROSS OF MAINE | PORTLAND, ME | GENERAL OPERATING SUPPORT | $5k |
| AUTISM SOCIETY OF MAINE | WINTHROP, ME | GENERAL OPERATING SUPPORT | $5k |
| BANGOR SYMPHONY ORCHESTRA | BANGOR, ME | GENERAL OPERATING SUPPORT | $5k |
| BAY CHAMBER CONCERTS | CAMDEN, ME | GENERAL OPERATING SUPPORT | $5k |
| BIGELOW LABORATORY FOR OCEAN SCIENCES | EAST BOOTHBAY, ME | GENERAL OPERATING SUPPORT | $5k |
Held steady
from 2023
From $420k in 2023 to $423k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 1% from 2023 to 2024.
- Executive Vice President pay rose 6% from 2023 to 2024.
- Board Member pay rose 1% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Maine
Comparable philanthropy, voluntarism & grantmaking organizations in Maine pay their highest-earning executive a median of $12,000.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 194 organizations across 194 filings (2021 – 2024).
See full Philanthropy, Voluntarism & Grantmaking pay data for Maine →Common questions about LIBRA FOUNDATION
What does the Board President of LIBRA FOUNDATION earn?
In 2024, the Board President of LIBRA FOUNDATION received $413,284 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at LIBRA FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at LIBRA FOUNDATION falls in the top 10%. In 2024, the highest total compensation at LIBRA FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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