Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1990.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
What each dollar paid for.
Form 990-PF Part I, lines 24–26. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
8 people listed on the 990-PF; $1.6M paid to officers and key staff (990-PF Part VIII).
Compensation history total reportable pay by year · 5 named individuals · 990-PF Part VIII
| Name | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jere G Michelson | $426,728 | $413,284 | $410,228 | $366,632 | $328,647 |
| Craig N Denekas | $421,472 | $423,364 | $420,229 | $376,674 | $338,290 |
| Erik Hayward | $321,360 | $307,561 | $290,168 | $251,130 | $222,578 |
| Paul Pietropaoli | $321,360 | $307,561 | $290,168 | $241,130 | $207,866 |
| Owen W Wells | $100,351 | $100,801 | $100,018 | $100,419 | $96,426 |
Total reportable compensation (Form 990-PF Part VIII column (c) / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Libra Foundation Owen W Wells Trustee executive salaries →Programs and updates
A private foundation based in Portland, ME.
Questions for Libra Foundation Owen W Wells Trustee
Your first name shows with your question. Libra Foundation Owen W Wells Trustee answers here, for everyone.
Grants and how to apply
Who it funds, and how to ask.
Who They Fund
Grantmaking Profile
By the numbers
The FY2025 990-PF, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 26, 2026 | $721K | $7.5M | −$6.8M | $156.0M | 990 PDF |
| FY2024Filed with the IRS May 9, 2025 | −$1.5M | $8.2M | −$9.7M | $161.2M | 990 PDF |
| FY2023Filed with the IRS May 13, 2024 | −$339K | $9.1M | −$9.4M | $169.6M | 990 PDF |
| FY2022Filed with the IRS May 11, 2023 | −$2.7M | $9.1M | −$11.7M | $174.6M | 990 PDF |
| FY2021Filed with the IRS May 3, 2022 | $7.2M | $9.1M | −$2.0M | $193.9M | 990 PDF |
| FY2020Filed with the IRS May 13, 2021 | $2.8M | $8.9M | −$6.0M | $198.7M | 990 PDF |
Schedules filed Part IV
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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