Libra Fund
- Assets
- $642.7k
- Revenue
- $14.0k
- Investments
- $633.0k
- Employees
- 0
- Location
- Hailey, ID
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 91-1911713
Organization Overview
Libra Fund is located in Hailey, ID. The organization was established in 1999. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Libra Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Libra Fund generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $24.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Libra Fund has awarded 88 individual grants totaling $287,354. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $10,417 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,564 |
| Capital Gain Net Income | $3,564 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,010 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,952 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12 |
| Total operating and administrative expenses | $6,869 |
| Contributions, gifts, grants paid | $17,640 |
| Total expenses and disbursements | $24,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,717 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $642,731 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $175 |
| Total liabilities | $175 |
Grants Awarded
Over the last fiscal year, Libra Fund has awarded $17,640 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NATURE CONSERVANCY PURPOSE: CHARITABLE | $5,000 |
MAKE A WISH IDAHO PURPOSE: CHARITABLE | $3,000 |
MAKE A WISH ARIZONA PURPOSE: CHARITABLE | $3,000 |
MEDIA LINE PURPOSE: CHARITABLE | $500 |
JEWISH FAMILY SERVICES SEATTLE PURPOSE: CHARITABLE | $5,000 |
PHILANTHROPIC VENTURES FOUNDATION PURPOSE: CHARITABLE | $640 |