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One of the largest awards available to emerging poets in the United States, these fellowships are intended to support exceptional young poets who demonstrate a clear and sustained commitment to the craft. The foundation awards five fellowships annually to support poets at any stage of their career between the ages of 21 and 31.
The Poetry Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1946. The principal officer is Caren Skoulas. It holds total assets of $313.2M. Annual income is reported at $101.3M. Total assets have grown from $197.1M in 2011 to $313.2M in 2024. The foundation is governed by 21 officers and trustees. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in United States and US Territories. According to available records, The Poetry Foundation has made 615 grants totaling $9.1M, with a median grant of $4K. Annual giving has grown from $1.3M in 2020 to $3.5M in 2023. Grantmaking activity was highest in 2022 with $4.3M distributed across 414 grants. Individual grants have ranged from $100 to $250K, with an average award of $15K. The foundation has supported 514 unique organizations. The foundation primarily supports organizations in Illinois, New York, California, which account for 27% of all grants. Grantmaking reaches organizations across 55 states. Contributions to this foundation are tax-deductible.
The Poetry Foundation takes a distinctive, ecosystem-building approach to arts philanthropy. Rather than operating as a traditional grantmaker, it functions primarily as a literary institution that also makes grants to strengthen the broader poetry ecosystem. With approximately $313 million in assets, the Foundation is one of the wealthiest poetry-focused organizations in the world, originating from a transformative $200 million gift from pharmaceutical heiress Ruth Lilly in 2002. The Foundation's strategy operates on multiple levels: it directly produces and distributes poetry through Poetry magazine (est. 1912) and poetryfoundation.org (the largest free online poetry archive with 45,000+ poems and 4.5 million monthly visitors), it cultivates individual talent through fellowships and prizes, and it strengthens institutional capacity through general operating support grants to nonprofit poetry organizations. Their grantmaking philosophy emphasizes unrestricted operating support over project-specific funding, reflecting a belief that poetry organizations need flexible resources to sustain their missions. The Sustainable Futures initiative extends this logic with multi-year commitments, providing organizational stability that is rare in arts funding.
The Poetry Foundation awarded over $3 million in grants in 2025, with the largest portion going to organizational support. Their General Operating Support program distributed $1.345 million to 52 organizations in the fall 2025 cycle from 137 applications (38% acceptance rate). The Sustainable Futures initiative allocated $3 million over three years to 12 organizations, with individual grants ranging from $150,000 to $450,000. Individual awards include the Ruth Lilly Poetry Prize ($100,000 lifetime achievement), five Ruth Lilly and Dorothy Sargent Rosenberg Poetry Fellowships ($27,000 each for poets ages 21-31), the Pegasus Award for Poetry Criticism ($10,000), and the Pegasus Poetry Book Prize ($10,000 plus publication). On the programmatic side, the Foundation spends approximately $6 million on public programs and education, $1.6 million on Poetry magazine, and $1.6 million on its digital platform. Program funding is exclusively focused on poetry and literary arts, with geographic coverage across all US states and territories. The foundation's direct charitable activities (programs, events, workshops) represent a larger financial commitment than its external grantmaking, reflecting its hybrid operating/grantmaking model.
| Dimension | Poetry Foundation | Andrew W. Mellon Foundation (Arts) | National Endowment for the Arts | Academy of American Poets |
|---|---|---|---|---|
| Assets | ~$313 million | ~$7 billion (total) | Federal appropriation | ~$15 million |
| Annual Giving (Arts) | ~$3 million grants + $9M programs | ~$100 million (arts portion) | ~$200 million (total) | ~$3 million |
| Focus | Poetry exclusively | Humanities and arts broadly | All art forms | Poetry exclusively |
| Grant Type | General operating support | Project and institutional | Project grants | Poet laureates, prizes, grants |
| Geographic | US and territories | US and select international | US | US |
| Application | Open (Fluxx platform) | Primarily invitation-only | Open competitive | Open competitive |
| Distinctive | Largest free poetry archive online; Poetry magazine | Largest humanities funder in US | Federal arts agency | Poet laureate programs in all 50 states |
The Poetry Foundation is unique among arts funders for its exclusive focus on poetry combined with substantial assets. While the NEA and Mellon fund across all art forms, the Poetry Foundation concentrates its resources entirely on poetry and literary arts. Compared to the Academy of American Poets (its closest peer), the Poetry Foundation has roughly 20 times the asset base, enabling significantly larger institutional grants and multi-year commitments. The Foundation's hybrid model — combining direct programming (magazine, website, events) with external grantmaking — distinguishes it from pure grantmakers.
In March 2026, the Poetry Foundation opened applications for the 2026 Ruth Lilly and Dorothy Sargent Rosenberg Poetry Fellowships, with a priority on supporting poets who have not yet received substantial institutional backing. The 2025 fellows were Jada Renee Allen, DeeSoul Carson, Andres Cordoba, Maryhilda Obasiota Ibe, and Aris Kian. In 2025, the Foundation announced its Sustainable Futures initiative, awarding $3 million over three years to 12 organizations including Cave Canem, Poets House, InsideOut Literary Arts, Young Chicago Authors, and Split This Rock. The fall 2025 General Operating Support cycle awarded $1.345 million to 52 organizations selected from 137 applications. The Foundation also participated in a historic $50 million coalition initiative to bolster nonprofit literary arts organizations. The 2025 Pegasus Awards went to Rigoberto Gonzalez, Amy Stolls, and Kazim Ali. Poetry magazine continues to publish 11 issues annually with circulation exceeding 30,000 across 40 countries, and the website serves 4.5 million monthly visitors.
1. Poetry must be central to your mission: The Foundation funds organizations where poetry is a core commitment, not a peripheral activity. General arts organizations with occasional poetry programming are unlikely to qualify.
2. Prepare for the Fluxx platform: Applications are submitted through Fluxx, which requires a pre-registration approval step. Begin the registration process well before the deadline to avoid last-minute technical issues.
3. Request alternative formats early: The Foundation offers accessible application alternatives (audio, video, interview) but requires at least two weeks notice before the deadline. Contact grants@poetryfoundation.org or 312-799-8059 to arrange.
4. Emphasize operational sustainability: Grants are explicitly for general operating support (salaries, rent, technology, administration, marketing). Focus your application on organizational health and sustainability rather than specific project deliverables.
5. For fellowships, highlight emerging status: The 2026 fellowship cycle prioritizes poets who have not yet received substantial institutional backing. If you have limited prior awards or institutional support, emphasize this as a strength rather than a weakness.
6. Include diverse literary arts services: The Foundation supports traditional literary organizations and those serving historically underrepresented poets and writers. Organizations centering equity and inclusion in poetry should highlight this alignment.
7. Be realistic about scale: With a 38% acceptance rate in the fall 2025 cycle and grants averaging around $25,000, calibrate your expectations. The Foundation distributes modest operating support broadly rather than large grants to a few organizations.
8. Consider the pathway to Sustainable Futures: Multi-year Sustainable Futures grants go to past grantee-partners. Securing an initial General Operating Support grant is the entry point to this larger funding track.
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Poetry public programs, education, prizes and awards: the foundation offers an array of programs to expand the audience for poetry. In early 2021 the foundation's building remained closed in response to the pandemic for in-person activities. The staff focused on creating virtual programming for audiences in chicago and beyond. In this time we presented 26 virtual events for youth and adults, 147 online workshops, and a multi-day virtual teachers institute. Poetry out loud, a national high school recitation competition, completed its 17th year. We awarded annual prizes, including the lilly poetry prize and five lilly-rosenberg fellowships. All virtual programs were free to the public.
Expenses: $6M
Poetryfoundation.org expands poetry's audience beyond the page by offering a wide range of content that engages with the art form, including the largest, free online archive of poetry. The website offers articles, poetry collections, podcasts, over 45,000 poems, and a full digital archive of poetry magazine free to read. New content is added to the website weekly, including features on new poetry collections, book reviews, poets blogging on a range of topics, articles for educators, and poetry for children. In 2021 our website greeted an average 4.5 million monthly web visitors. Our newsletters had over 120,000 subscribers.
Expenses: $1.6M
"poetry" magazine (expense is net of $968,017 program revenue) established in 1912. Poetry magazine continues to present the best new poetry written by distinguished poets, and also works to discover and present emerging, new writers, with approximately 70% of each issue publishing a poet for the first time in the magazine. The magazine also focuses on current issues relating to poetry in the culture, as well as presenting critical exchanges, debates, reviews, and special features. In 2021, when the magazine revised the manner in which it recorded submissions received, the magazine received and read 16,528 poetry submissions packets (average four poems per packet) and 201 prose submissions, from which it published 474 poems and 17 prose pieces in 11 issues. Circulation this year exceeded 30,000, with subscribers from 40 countries. Poetry was ranked number one in the 2021 perpetual folly literary magazine ranking for poetry.
Expenses: $1.6M
Publishes Poetry magazine (est. 1912) featuring new poetry by distinguished and emerging writers. Receives 16,500+ submission packets annually, publishes approximately 474 poems and 17 prose pieces per year. Circulation exceeds 30,000 with subscribers in 40 countries.
Offers in-person and virtual events, workshops, and a Teachers Institute. Includes Poetry Out Loud, a national high school recitation competition. All programs are free to the public.
Provides unrestricted operating support to nonprofit poetry organizations, presses, publications, and literary arts service organizations across the US and territories. Fall 2025 cycle awarded $1.345 million to 52 organizations.
Multi-year operating grants to an invited cohort of past grantee-partners. Inaugural cohort of 12 organizations received $3 million over three years.
Five fellowships of $27,000 each awarded to exceptional young poets (ages 21-31) in the United States. No entry fee.
$100,000 prize honoring a living US poet whose lifetime accomplishments warrant extraordinary recognition.
Includes the Pegasus Award for Poetry Criticism ($10,000) and the Pegasus Poetry Book Prize ($10,000 plus publication).
The Poetry Foundation awarded over $3 million in grants in 2025, with the largest portion going to organizational support. Their General Operating Support program distributed $1.345 million to 52 organizations in the fall 2025 cycle from 137 applications (38% acceptance rate). The Sustainable Futures initiative allocated $3 million over three years to 12 organizations, with individual grants ranging from $150,000 to $450,000. Individual awards include the Ruth Lilly Poetry Prize ($100,000 lifeti.
The Poetry Foundation has distributed a total of $9.1M across 615 grants. The median grant size is $4K, with an average of $15K. Individual grants have ranged from $100 to $250K.
The Poetry Foundation takes a distinctive, ecosystem-building approach to arts philanthropy. Rather than operating as a traditional grantmaker, it functions primarily as a literary institution that also makes grants to strengthen the broader poetry ecosystem. With approximately $313 million in assets, the Foundation is one of the wealthiest poetry-focused organizations in the world, originating from a transformative $200 million gift from pharmaceutical heiress Ruth Lilly in 2002. The Foundation.
The Poetry Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 55 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michelle Boone | PRESIDENT | $391K | $55K | $445K |
| Lawrence T Mangan | VP OF FINANCE & ADMIN | $290K | $31K | $321K |
| Ally Bulley | FINANCE COMMITTEE CHAIR | $0 | $0 | N/A |
| Caren Yanis | CHAIR | $0 | $0 | N/A |
| Eugene Lowe | VICE CHAIR | $0 | $0 | N/A |
| Fabiola Delgado | TRUSTEE | $0 | $0 | N/A |
| Cecilia Conrad | TRUSTEE | $0 | $0 | N/A |
| Marguerite Griffin | TRUSTEE-ELECTED JUNE 2022 | $0 | $0 | N/A |
| Deborah Gillespie | TRUSTEE-ELECTED JUNE 2022 | $0 | $0 | N/A |
| Gwendolyn Perry Davis | TRUSTEE | $0 | $0 | N/A |
| Angel Ysaguirre | EQUITY COMM CHAIR | $0 | $0 | N/A |
| Andrea Wishom | VICE CHAIR-THRU AUGUST 2022 | $0 | $0 | N/A |
| Scott Turow | TRUSTEE | $0 | $0 | N/A |
| Brian Provost | TRUSTEE | $0 | $0 | N/A |
| David Ormesher | SECRETARY-THRU DECEMBER 2022 | $0 | $0 | N/A |
| Susan Noyes | TRUSTEE-THRU DECEMBER 2022 | $0 | $0 | N/A |
| Kary Mcilwain | VICE CHAIR | $0 | $0 | N/A |
| Parneshia Jones | TRUSTEE-ELECTED JUNE 2022 | $0 | $0 | N/A |
| Marc Bamuthi Joseph | TRUSTEE-ELECTED JUNE 2022 | $0 | $0 | N/A |
| Lynn Jerath | TRUSTEE | $0 | $0 | N/A |
| Andrew Jacobs | TRUSTEE-ELECTED JUNE 2022 | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$313.2M
Fair Market Value
N/A
Net Worth
$312.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
615
Total Giving
$9.1M
Average Grant
$15K
Median Grant
$4K
Unique Recipients
514
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Poetry Series IncPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Princeton, NJ | $30K | 2023 |
| University Of Nebraska FoundationSPECIAL PROJECTS AND OPPORTUNITIES FOR AFRICAN POETRY BOOK FUND AT THE UNIVERSITY OF NEBRASKA | Lincoln, NE | $110K | 2023 |
| Kimiko HahnRUTH LILLY POETRY PRIZE | Mattituck, NY | $100K | 2023 |
| Woodland Pattern IncPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION AND EQUITY IN VERSE FOR IN-NA-PO, INDIGENOUS NATIONS POETS | Milwaukee, WI | $95K | 2023 |
| Cave Canem Foundation IncEQUITY IN VERSE | Brooklyn, NY | $65K | 2023 |
| United States Artists IncSPECIAL PROJECTS AND OPPORTUNITIES | Chicago, IL | $65K | 2023 |
| Academy Of American Poets IncPOETRY PROGRAMS, PARTNERSHIPS, INNOVATION AND SPONSORSHIP | New York, NY | $60K | 2023 |
| Recitation Grants - Detail Upon ReqRECITATION PRIZES | Chicago, IL | $52K | 2023 |
| Insideout Literary Arts Project (Insideout Literary Arts)EQUITY IN VERSE | Detroit, MI | $50K | 2023 |
| Board Of Trustees Of Illinois State University (Obsidian Literature & ArtsEQUITY IN VERSE | Normal, IL | $50K | 2023 |
| Radical ReversalEQUITY IN VERSE | Bloomfield, NJ | $50K | 2023 |
| Seventh Generation Fund For Indigenous Peoples IncPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION FOR DINTAH DRAMA FESTIVAL | Santa Fe, NM | $50K | 2023 |
| The Beautiful Project IncPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Durham, NC | $50K | 2023 |
| Lambda Literary FoundationEQUITY IN VERSE | New York, NY | $45K | 2023 |
| Word A Storytelling Sanctuary IncEQUITY IN VERSE | Denver, CO | $45K | 2023 |
| Urban Word Nyc IncEQUITY IN VERSE | New York, NY | $45K | 2023 |
| Kuumba LynxEQUITY IN VERSE AND SPECIAL PROJECTS AND OPPORTUNITIES | Chicago, IL | $45K | 2023 |
| Freedom ReadsPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Hamden, CT | $45K | 2023 |
| Young Chicago AuthorsEQUITY IN VERSE | Chicago, IL | $45K | 2023 |
| The Poetry Project LtdPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | New York, NY | $45K | 2023 |
| Minnesota Prison Writing WorkshopPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Minneapolis, MN | $40K | 2023 |
| Nebraska Writers CollectivePOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Omaha, NE | $40K | 2023 |
| Steppenwolf Theater CoSPECIAL PROJECTS AND OPPORTUNITIES / SPONSORSHIP | Chicago, IL | $40K | 2023 |
| Contextos NfpEQUITY IN VERSE | Chicago, IL | $40K | 2023 |
| Floating Museum NfpPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Chicago, IL | $40K | 2023 |
| Citylit Project IncEQUITY IN VERSE | Baltimore, MD | $40K | 2023 |
| Philadelphia ContemporaryPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Philadelphia, PA | $40K | 2023 |
| Torch Literary ArtsEQUITY IN VERSE | Austin, TX | $40K | 2023 |
| Split This Rock IncEQUITY IN VERSE | Washington, DC | $40K | 2023 |
| Poetic Justice IncorporatedPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Tulsa, OK | $40K | 2023 |
| Poetry Center Of Chicago (Chicago Poetry Center)POETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Chicago, IL | $40K | 2023 |
| Milkweed Editions IncPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Minneapolis, MN | $40K | 2023 |
| Diasporic Vietnamese Artists NetworkEQUITY IN VERSE | San Francisco, CA | $40K | 2023 |
| Pen America CenterPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | New York, NY | $40K | 2023 |
| The Care CenterPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Holyoke, MA | $40K | 2023 |
| Guild Complex (Guild Literary Complex)EQUITY IN VERSE AND SPECIAL PROJECTS AND OPPORTUNITIES / SPONSORSHIP | Chicago, IL | $36K | 2023 |
| 826chi Inc NfpEQUITY IN VERSE AND SPECIAL PROJECTS | Chicago, IL | $35K | 2023 |
| MiznaEQUITY IN VERSE | Saint Paul, MN | $35K | 2023 |
| Fusion Partnerships IncEQUITY IN VERSE FOR DEWMORE BALTIMORE | Baltimore, MD | $35K | 2023 |
| Kearny Street Workshop IncEQUITY IN VERSE | San Francisco, CA | $35K | 2023 |
| Love Now Media IncEQUITY IN VERSE | Philadelphia, PA | $35K | 2023 |
| Center For Book Arts Incorporated 1974POETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | New York, NY | $35K | 2023 |
| Beyond Baroque FoundationPOETRY PROGRAMS, PARTNERSHIPS, INNOVATION AND SPONSORSHIP | Venice, CA | $33K | 2023 |
| Street Poets IncPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Los Angeles, CA | $30K | 2023 |
| Resilience Partners NfpEQUITY IN VERSE FOR STOMPING GROUNDS LITERARY ARTS INITIATIVE | Chicago, IL | $30K | 2023 |
| Near South Planning BoardPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Chicago, IL | $30K | 2023 |
| Community Of Literary Magazines And PressesPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | New York, NY | $30K | 2023 |
| Poetry Society Of AmericaPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | Brooklyn, NY | $30K | 2023 |
| Under The Volcano International IncPOETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION | New York, NY | $30K | 2023 |
| Voices Of Our Nations Arts Foundation IncEQUITY IN VERSE | Miami, FL | $30K | 2023 |