The Libra Foundation is a private foundation established by Elizabeth B. Noyce which became active in June, 1989.

It is authorized by the Internal Revenue Service to make grants and contributions to charitable organizations other than political organizations.

No application 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 will need evidence of this for its files at the time of application for a grant.

The Foundation limits its grants to charitable organizations, activities, operations or purposes which only take place within the State of Maine.

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. In most cases, grants will not exceed $25,000. Grants are not made to individuals, nor for fellowships, or travel, nor in the form of loans.