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Holt-Smithson Foundation is a private corporation based in SANTA FE, NM. The foundation received its IRS ruling in 2024. The principal officer is Diane Karp. It holds total assets of $32.9M. Annual income is reported at $742K. Total assets have grown from N/A in 2015 to $32.9M in 2024. The foundation is governed by 12 officers and trustees. Tax records are available from 2015 to 2024. According to available records, Holt-Smithson Foundation has made 16 grants totaling $77K, with a median grant of $2K. Annual giving has decreased from $35K in 2020 to $8K in 2023. Individual grants have ranged from $100 to $35K, with an average award of $5K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Texas, District of Columbia, California, which account for 38% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
The Holt/Smithson Foundation is a fundamentally different kind of arts funder than a conventional grantmaking foundation — understanding this distinction is the single most important thing a prospective applicant can know. Established by Nancy Holt's bequest in 2014 and headquartered in Santa Fe, NM (1000 Cordova Place, 87505), it operates primarily as a programming and legacy organization rather than a grants distributor. The foundation has a planned sunset in 2038, exactly a century after the births of both Nancy Holt (1938–2014) and Robert Smithson (1938–1973), which gives it an unusual time-bounded urgency that shapes every strategic decision.
External funding opportunities are concentrated in two channels: the annual Research Fellowship program and artist commissions. The Research Fellowship ($3,540 per fellow plus a travel allowance) is the primary open application mechanism. Artist commissions — offered to five artists selected to develop two- to three-year project proposals tied to island and land sites owned by the foundation — are competitive and relationship-leaning rather than open solicitation.
The foundation's giving philosophy centers entirely on deepening, extending, and protecting the creative legacies of Holt and Smithson. This is not a foundation that funds adjacent arts programming or general arts organizations. The Contemporary Austin received the largest recorded external grant ($35,000) for "advancing the vision of artists" — framed explicitly as legacy work. The Archives of American Art (Smithsonian) received two separate grants totaling $19,298 for archival materials, reflecting the foundation's priority on documentary preservation and institutional partnerships.
First-time applicants must recognize that the board includes some of the most respected names in contemporary art: Lucy R. Lippard (art critic and Smithson collaborator), Elizabeth Sussman (curator of major Smithson retrospectives), Virginia Dwan (patron who funded Spiral Jetty), and James Lingwood (co-director of Artangel). This peer group sets an exceptionally high standard for scholarly and conceptual rigor.
The relationship progression for fellowships is relatively direct: submit materials by email, receive acceptance, undertake research, deliver project outcomes, and receive final payment — no LOI stage or multi-round process. For institutional partnerships (exhibitions, publications, co-produced programs), the appropriate pathway is direct outreach to Executive Director Lisa Le Feuvre, who has led the foundation since at least FY2019 and is clearly the central operational decision-maker.
The Holt/Smithson Foundation presents a financial picture that requires careful interpretation. On paper, its 'total giving' has consistently exceeded $1 million annually — $897,188 (FY2019), $1,129,335 (FY2020), $1,052,099 (FY2021), $1,085,711 (FY2022), and $1,102,786 (FY2023). However, these figures represent total program expenditures from an operating foundation — exhibitions, publications, commissions, and educational events — not grants distributed to outside organizations. The foundation's actual external grantmaking, reflected in the separate 'grants paid' line, is dramatically smaller: $40,408 (FY2019), $72,760 (FY2020), $14,635 (FY2021), $4,228 (FY2022), and $4,763 (FY2023).
From the foundation's disclosed grantee records — 16 total transactions averaging $4,832 each, totaling $77,314 — the external funding landscape is clear. The largest single external grant on record is $35,000 to The Contemporary Austin for "advancing the vision of artists." The Archives of American Art (Smithsonian) is the most consistent institutional recipient, having received support twice for a combined $19,298 in archival materials grants. Land Art Contemporary received four smaller grants totaling $12,600 for artwork sustainability work connected to Broken Circle/Spiral Hill in the Netherlands. Environmental organizations — Dig Deep Right to Water ($4,888), New Mexico Wilderness Alliance ($2,114), and Rocky Mountain Institute ($2,114) — have received general operating support at the $100–$5,000 level, suggesting occasional values-aligned gifts outside the core arts focus.
The Research Fellowship at $3,540 per fellow represents the most accessible and consistently available financial support level. Total foundation assets have remained stable at $32.9M–$35.3M since the major endowment event in FY2020, when $29.9M in contributions were received. Officer compensation — $371,271 in FY2023, $346,965 in FY2022 — reflects an active professional staff led by Executive Director Lisa Le Feuvre, who earned $237,904 in FY2023.
Geographically, external grantees have spanned New Mexico (3), California (3), Washington DC (2), Colorado (2), Massachusetts (1), and Texas (1). There is no evidence of direct international grantmaking; the foundation's extensive international activity appears to take the form of direct programming partnerships rather than cash grants.
The Holt/Smithson Foundation occupies a specific niche among mid-sized arts-focused foundations with assets in the $30M–$35M range. Its peer set by asset size is similarly structured, though most operate as conventional grantmakers rather than operating foundations.
| Foundation | State | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|---|
| Holt/Smithson Foundation | NM | $32.9M | $1.1M (program ops) | Holt & Smithson Legacies | Fellowship open annually |
| Newington-Cropsey Foundation | NY | $33.2M | Not disclosed | Hudson River School / American Landscape | Not publicly known |
| Irma and Norman Braman Art Foundation | FL | $33.2M | Not disclosed | Visual Arts | Not publicly known |
| Contemporary Arts Foundation Inc. | FL | $32.7M | Not disclosed | Contemporary Arts | Not publicly known |
| Low Road Sharon Inc. | CT | $32.1M | Not disclosed | Arts & Culture | Not publicly known |
| Helen Marie Taylor Charitable Foundation Inc. | VA | $30.9M | Not disclosed | Arts & Culture | Not publicly known |
Three factors distinguish Holt/Smithson from its asset-class peers. First, unlike most private foundations of this size, it operates with a professional staff, a budget exceeding $1M annually in program activities, and an Executive Director earning $237,904 — it is an active institution, not a passive endowment. Second, its hard sunset date of 2038 creates a spend-down imperative uncommon in this peer group, suggesting that funding commitments and programming intensity will likely increase as that date approaches. Third, its institutional reach — MoMA, the Smithsonian, Kröller-Müller Museum, Goodwood Art Foundation — operates well above what its asset size alone might suggest, placing it in a different strategic tier despite comparable financials.
The foundation's 2025–2026 activity has been exceptionally international and exhibition-dense. In October 2025, artist Susan Philipsz delivered the fourth Annual Lecture at Kröller-Müller Museum in the Netherlands, programmed in partnership with Land Art Lives. The fifth Annual Lecture (February 27, 2026) named artist Matt Mullican as speaker, with the Smithsonian Institution's Archives of American Art as institutional partner — the most prominent U.S. institution yet to partner with the series.
Major exhibition activity includes: Nancy Holt: Light and Shadow Poetics at the MAK Center for Art and Architecture (Schindler House, Los Angeles, opened January 28, 2026); Nancy Holt: MoonSunStarEarthSkyWater at Goodwood Art Foundation in southern England (opened February 2026, on view through November 2026, the first major UK exhibition of the land artist); and a presentation of Holt's Sky Mound drawings at Museum Ostwall in Germany (opened March 2026, through July 26, 2026). In May 2026, Nancy Holt's work appeared in a group show at Sprüth Magers in Los Angeles (through August 8, 2026).
On the preservation front, the foundation completed a joint film restoration project with MoMA in February 2026, producing new digital scans of Spiral Jetty, Swamp, and Sun Tunnels. The foundation also received an external grant from the Henry Luce Foundation (amount not disclosed) for public-facing research on Nancy Holt. No leadership changes have been reported; Lisa Le Feuvre continues as Executive Director. Open Days at Robert Smithson's Broken Circle/Spiral Hill in the Netherlands were announced for 2026 booking as of June 2, 2026.
The Holt/Smithson Foundation Research Fellowship is highly specific — applicants who treat it as a general arts research opportunity will not succeed. The following guidance draws directly from the foundation's stated process and organizational priorities.
Demonstrate specialized depth, not breadth. The 500-word personal statement must articulate how the fellowship fits within your wider research objectives — not why Holt or Smithson are generally important. The reviewing board includes individuals who knew these artists personally or built careers around their legacies. Shallow engagement is instantly recognizable.
Select your fellowship track strategically. Active tracks include Earthworks Ethics, Local Narratives, Indigenous Narratives, Exhibition Histories, and Robert Smithson: writings, lectures, and interviews. The foundation explicitly flags Indigenous Narratives as a priority area given the location of many earthworks on formerly Indigenous lands. If your research can authentically engage this framework, this track carries measurable weight.
Treat the 500-word writing sample as a diagnostic. Provide a close, original reading of a single artwork by Holt or Smithson, or a published article on a closely related topic. Choose an understudied work — reviewers have seen thousands of analyses of Spiral Jetty and Sun Tunnels. A rigorous engagement with a lesser-examined piece demonstrates the depth the foundation is actually looking for.
Apply during the annual call window. No standing deadline exists; the foundation announces each call on its website, newsletter, and social media channels. Past cycles opened in January–February of the fellowship year. Subscribe to the foundation newsletter at holtsmithsonfoundation.org and follow @HoltSmithson (X) and @holtsmithsonfoundation (Instagram) to catch announcements immediately.
Coordinate your recommender well in advance. The confidential letter of recommendation must be emailed directly from the recommender to contact@holtsmithsonfoundation.org — not included in your own submission. Build in at least three weeks of lead time.
For institutions seeking partnerships — co-exhibitions, joint publications, or commission collaborations — do not submit a fellowship application. Instead, approach Executive Director Lisa Le Feuvre directly at contact@holtsmithsonfoundation.org with a brief collaboration concept. The foundation's recent track record with MoMA, the Smithsonian, Goodwood Art Foundation, and MAK Center shows it values peer-level institutional relationships developed through direct dialogue.
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Nancy holt and robert smithson transformed the world of art and ideas. Holt/smithson foundation develops their distinctive creative legacies. Holt and smithson recalibrated the limits of art, changing what art can be and where art can be found. Their art, writings, and ideas built the ground from which contemporary art has grown. Our ambition is to become the hub of all things holt and smithson. Collaborating with artists, writers, thinkers, and institutions we realize exhibitions, publish books, initiate artist commissions, program educational events, encourage research, and develop collections globally from our headquarters in new mexico. Holt/smithson foundation was willed into being by nancy holt in 2014. We plan to terminate in 2038, a century after nancy holt (1938-2014) and robert smithson (1938-1973) were born.
Expenses: $1.1M
The Holt/Smithson Foundation presents a financial picture that requires careful interpretation. On paper, its 'total giving' has consistently exceeded $1 million annually — $897,188 (FY2019), $1,129,335 (FY2020), $1,052,099 (FY2021), $1,085,711 (FY2022), and $1,102,786 (FY2023). However, these figures represent total program expenditures from an operating foundation — exhibitions, publications, commissions, and educational events — not grants distributed to outside organizations. The foundation'.
Holt-Smithson Foundation has distributed a total of $77K across 16 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $100 to $35K.
The Holt/Smithson Foundation is a fundamentally different kind of arts funder than a conventional grantmaking foundation — understanding this distinction is the single most important thing a prospective applicant can know. Established by Nancy Holt's bequest in 2014 and headquartered in Santa Fe, NM (1000 Cordova Place, 87505), it operates primarily as a programming and legacy organization rather than a grants distributor. The foundation has a planned sunset in 2038, exactly a century after the .
Holt-Smithson Foundation is headquartered in SANTA FE, NM. While based in NM, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa Le Feuvre | EXECUTIVE DI | $238K | $9K | $247K |
| Brenda M Folstad Cpa | CFO | $133K | $8K | $142K |
| Gaetane Verna | DIRECTOR | $0 | $0 | N/A |
| Eugenie Tsai | DIRECTOR | $0 | $0 | N/A |
| Elisabeth Sussman | DIRECTOR | $0 | $0 | N/A |
| James Lingwood | DIRECTOR | $0 | $0 | N/A |
| Jane Crawford | DIRECTOR | $0 | $0 | N/A |
| Angela Anderson Adams | DIRECTOR | $0 | $0 | N/A |
| Christine Steiner | SECRETARY | $0 | $0 | N/A |
| Diane Karp | PRESIDENT | $0 | $0 | N/A |
| Danielle Amato-Milligan | VICE PRES, T | $0 | $0 | N/A |
| Drew Watson | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$32.9M
Fair Market Value
N/A
Net Worth
$32.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$77K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
9
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Archives Of American Art-SmithsoniaARCHIVAL MATERIALS | Washington, DC | $5K | 2023 |
| Land Art ContemporaryARTWORK SUSTAINABILITY GRANT | Dalen | $3K | 2023 |
| Dig Deep Right To WaterGENERAL OPERATING | Los Angeles, CA | $2K | 2022 |
| The Rocky Mountain InstituteGENERAL OPERATING | Basalt, CO | $1K | 2022 |
| New Mexico Wilderness AllianceGENERAL OPERATING | Albuquerque, NM | $1K | 2022 |
| Archives Of American ArtDONATED ARCHIVE MATERIAL | Washington, DC | $15K | 2021 |
| Univ Of Massachusetts-DartmouthARTWORK:SAMUEL HOLT, HOLTS HOPE | North Dartmouth, MA | $1K | 2021 |
| Youth Shelters And Family ServicesGENERAL OPERATIONS | Santa Fe, NM | $100 | 2021 |
| The Contemporary AustinADVANCING VISION OF ARTISTS | Austin, TX | $35K | 2020 |