Terra Foundation for American Art logo

Terra Foundation for American Art

Private foundation · Grantmaker Chicago, IL EIN: 36-2999442 Website

The Terra Foundation for American Art is a private foundation based in Chicago, Illinois, established in 1978 by Daniel J. Terra. It supports projects engaging the visual arts of the United States and Indigenous arts of North America through grants and collection initiatives, and works with organizations and individuals locally and globally.

Terra Foundation for American Art at a glance

In short: Terra Foundation for American Art gave $15.4M across 236 grants in 2025 (avg $65K), top state New York. 59% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$15,419,104
+7.7% vs 2024
Grants made (2025)
236
+18.6% vs 2024
Average grant
$65,335
-9.2% vs 2024
Median grant
$50,000
Total assets
$620,603,048
+2.9% vs 2024
New grantees (estimate)
59% first-time grantees (120 of 204, 2025)
Primary geography
New York (15% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Terra Foundation for American Art

How to Apply

The foundation’s open application programs use a two-part process: submit a Grant Inquiry Form, then proceed to a proposal. Applicants should consult the program guidelines for required materials, restrictions, and additional eligibility details. The foundation’s filing says it does not restrict giving to preselected organizations.

Review Cycle
The Collections Grants inquiry deadline of August 3, 2026, has passed; proposals are due October 13, 2026, for projects beginning after May 1, 2027. For Convening Grants, the September 28, 2026, inquiry deadline has passed for programs taking place after May 1, 2027. The next listed Convening Grants cycle has an inquiry deadline of February 16, 2027, and proposal deadline of April 20, 2027, for programs taking place after November 1, 2027.
Deadline
The Collections Grants inquiry deadline of August 3, 2026, has passed; proposals are due October 13, 2026, for…
Contact

Application contact: Amy Zinck
Mailing address: 120 E Erie Street, Chicago, IL 60611
Phone: (312) 654-2263
Website: https://terraamericanart.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Terra Foundation for American Art funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Forge Project Association: $550KForge Project Association$550KUniversity of Maryland: $400K across 2 grantsUniversity of Maryland$400K · 2 grantsPalais De Tokyo: $348K across 2 grantsPalais De Tokyo$348K · 2 grantsFloating Museum: $285KFloating Museum$285KSmithsonian Institute: $280K across 5 grantsSmithsonian Institute$280K · 5 grantsMuse Des Beaux-Arts De Montral: $275K across 2 grantsMuse Des Beaux-Arts De Montral$275K · 2 grantsCentre Pompidou: $250KCentre Pompidou$250KZeitz Museum of Contemporary Art Africa: $250KZeitz Museum of ContemporaryArt Africa$250KUniversity of Chicago: $240K across 3 grantsUniversity of Chicago$240K · 3 grantsArizona State University Foundation for a New American University: $225K across 2 grantsArizona State UniversityFoundation for a New American…$225K · 2 grants

The largest 2025 recipient was Forge Project Association ($550K). Together the top 10 received $3.1M.

Grant Size Distribution

958 grants across all recorded years

461<$50K308$50–100K162$100–250K21$250–500K2$500K–1M4$1–5M$5M+

The most common grant size was under $50K: 461 grants of 958 (48%).

Geographic Focus

Where this funder awards grants

The foundation states that its grantmaking reaches different cities, regions, and countries, and describes its approach as local and global. Its filing reports grantmaking across 43 countries since 2005. In 2025, the largest reported shares of grant dollars by recipient state were New York (15%), Illinois (10%), California (9%), and Pennsylvania (5%); 25% was listed under an unspecified state entry.

Grant Distribution by State

50states

Share of 2025 grant dollars across all 236 itemized grants.

Cities

ChicagoNew YorkWashingtonPhiladelphiaBostonLos AngelesSan FranciscoBrooklynEvanstonMinneapolisHoustonBerkeleySeattleBaltimoreDetroitPhoenixPortlandSanta FeAtlantaDenver

Is Terra Foundation for American Art open to new grantees?

59%

first-time grantees, 2025

In 2025, 120 of 204 grantees (59%) were first-time recipients. First grants averaged $82K; repeat grants $66K. How we count

Medians: $67K first-time, $50K repeat.

  • 24% of 2025 grantees were also funded in 2024. Method
  • Giving grew 25% from 2022 to 2025. Method
  • In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M197 grants2020 182 grants2021 116 grants2022 225 grants2023 199 grants2024 236 grants2025

From 2020 to 2025, annual grant giving ranged from $9.9M (2020) to $15.4M (2025). In 2025 it made 236 grants totaling $15.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Forge Project Association Ancram, NYArts Education$550,000
Floating Museum Chicago, ILArts Education$285,000
University of Maryland College Park, MDArts Education$280,000
Centre Pompidou Arts Education$250,000
Palais De Tokyo Arts Education$250,000
Zeitz Museum of Contemporary Art Africa Arts Education$250,000
Yinka Shonibare Foundation (London) Arts Education$220,000
Chancellor Masters & Scholars of the University of Oxford Arts Education$201,882
Abbotsford Cultural Centre Arts Education$200,000
Carnegie Institute Pittsburgh, PAArts Education$200,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$620,603,048$11,758,589$22,878,391$15,419,104236$23,870,427$13,606,855$21,337,169
2024$602,937,364$25,052,658$25,089,633$14,322,498199$23,572,653$23,571,572$19,409,395
2023$583,846,758$449,057$19,541,234$14,683,815225$23,612,459$3,221,356$18,499,768
2022$559,052,944$96,843,650$27,058,116$12,354,606116$19,292,653$106,681,372$19,402,865
2021$631,506,305$28,063,083$20,457,887$10,809,093182—$15,174,435$19,815,663
2020$545,326,737$16,842,308$18,370,700$9,898,386197—$16,508,952$17,594,078

Under IRS private-foundation payout rules, Terra Foundation for American Art reported a distributable amount of $21.3M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s mission is to foster intercultural dialogue and encourage transformative practices that expand narratives of American art. It supports projects that question and broaden understandings of American art, generate knowledge and interpretive frameworks, include a plurality of perspectives, and catalyze inclusive and expansive practices.

Its three open application programs support permanent-collection projects, exhibitions, and convenings. Collections Grants support reinterpretation and re-presentation of permanent collections; Convening Grants support conversations, symposia, and workshops; and Exhibition Grants are another open application program. Invitation-only Initiative Grants support emerging needs, including projects outside the annual grantmaking cycles.

The foundation welcomes proposals from museums, art centers, community-based cultural organizations, foundations, research centers, and universities, among other institutions. Its website says applicants must have U.S. 501(c)(3) tax-exempt status or an international equivalent; U.S.-based fiscally sponsored projects are also welcome to inquire and apply. Additional eligibility requirements vary by program.

Examples of supported organizations span several fields. Forge Project Association, which received $550,000 in 2025, describes itself as a Native-led nonprofit working to advance Indigenous leadership in arts and culture. The Institute for Freedoms, which received $200,000, says it uses art to engage the public with civic and political ideas. Carnegie Institute, also awarded $200,000, describes its mission as preserving and expanding art and science resources for personal growth and social advancement.

Grantmaking

In filing year 2025, the foundation reported 236 grants totaling $15,419,104. Grant amounts ranged from $5,000 to $550,000, with a median award of $50,000. The largest listed awards included $550,000 to Forge Project Association, $285,000 to Floating Museum, $280,000 to the University of Maryland, and $250,000 each to Centre Pompidou, Palais de Tokyo, and Zeitz Museum of Contemporary Art Africa.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Amina Dickerson and Stephanie Harris as directors and chairs; Erica Hirshler as director and secretary; Anne Munsch as CFO, assistant secretary, and treasurer; Amy Zinck as executive vice president; and Huey Copeland, Henry Johnson, Raymond McGuire, Adam Weinberg, and Jay Xu as directors.

Terra Foundation for American Art is led by Sharon Corwin, CEO & President on every filing since 2022; 16 of 20 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Sharon Corwin

    CEO & President

    On filings since 2022

    35 hrs/week

    $500K (2022) → $600K (2025)

  • Amina Dickerson

    Director & Chair

    Director → Director & Vice Chair, 2024

    Director & Vice Chair → Director & Chair, 2025

    On filings since 2022

    1 hr/week

    $5K (2022) → $10K (2025)

  • Stephanie Harris

    Director & Chair

    Director → Director & Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Adam Weinberg

    Director

    On filings since 2020

    1 hr/week

    $10K (2020) → $5K (2025)

  • Erica Hirshler

    Director & Secretary

    Director → Director & Secretary, 2022

    On filings since 2020

    1 hr/week

    $10K (2020) → $10K (2025)

  • Jay Xu

    Director

    On filings since 2020

    1 hr/week

    $10K (2020) → $5K (2025)

  • Raymond McGuire

    Director

    On filings since 2020

    1 hr/week

    $5K (2023) → $0 (2025)

  • Huey Copeland

    Director

    On filings since 2021

    1 hr/week

    $5K (2021) → $10K (2025)

  • Eric McKissack

    Director & Treasurer

    Director → Director & Treasurer, 2024

    On filings since 2022

    1 hr/week

    $5K (2022) → $5K (2025)

  • Ravi Saligram

    Director

    On filings since 2022

    1 hr/week

    $5K (2023) → $5K (2025)

  • Amanda Williams

    Director

    On filings since 2023

    1 hr/week

    $5K (2023) → $5K (2025)

  • Catherine Sarr

    Director

    On filings since 2023

    1 hr/week

    $5K (2023) → $10K (2025)

  • Victoria Rogers

    Director

    On filings since 2023

    1 hr/week

    $5K (2023) → $5K (2025)

  • Ricardo Estrada

    Director

    On filings since 2024

    1 hr/week

    $5K (2024) → $10K (2025)

  • Arthur Cohen

    Director

    New on the 2025 filing

    1 hr/week

    $5K (2025)

  • Martha Tedeschi

    Director

    New on the 2025 filing

    1 hr/week

    $5K (2025)

  • Henry Johnson

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kaywin Feldman

    Director & Vice Chair

    Director → Director & Vice Chair, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Amy Zinck

    Executive Vice President

    On filings since 2020

    35 hrs/week

    $311K (2020) → $317K (2025)

  • Anne Munsch

    CFO, Assistant Secretary & Treasurer

    On filings since 2020

    35 hrs/week

    $335K (2020) → $397K (2025)

Former officers (18)
  • Former: Joseph Gromacki (2020–2024) — Director & Chair
  • Former: Charles Harper (2020–2023) — Director & Treasurer
  • Former: Clare Munana (2020–2023) — Director
  • Former: Nora Daley (2020–2023) — Director & Vice Chair
  • Former: Carl Thoma (2020–2022) — Director
  • Former: Greg Williamson (2020–2022) — Director
  • Former: Henry Loyrette (2020–2022) — Director
  • Former: Michael Leja (2020–2022) — Director & Secretary
  • Former: Morton Shapiro (2020–2022) — Director
  • Former: Chet Gougis (2020–2021) — Director & Treasurer
  • Former: Elizabeth Glassman (2020–2021) — CEO & President
  • Former: Lonnie Bunch (2020–2021) — Director
  • Former: Carrie Haslett (2021) — Program Director
  • Former: Catherine Ricciardelli (2021) — Director of Registration
  • Former: Diego Candil (2021) — Director Tfaa
  • Former: Jennifer Siegenthaler (2021) — Program Director
  • Former: Peter J. Brownlee (2021) — Curator
  • Former: Shannon Corwin (2021) — CEO & President

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Sharon Corwin — CEO, President: $600KSharon CorwinCEO, President$600KAnne Munsch — CFO, Asst Sec/Treasurer: $397KAnne MunschCFO, Asst Sec/Treasurer$397KAmy Zinck — Exec Vice President: $317KAmy ZinckExec Vice President$317KHuey Copeland — Director: $10KHuey CopelandDirector$10KAmina Dickerson — Director/Chair: $10KAmina DickersonDirector/Chair$10KErica Hirshler — Director/Secretary: $10KErica HirshlerDirector/Secretary$10KCatherine Sarr — Director: $10KCatherine SarrDirector$10KRicardo Estrada — Director: $10KRicardo EstradaDirector$10KAdam Weinberg — Director: $5KAdam WeinbergDirector$5KJay Xu — Director: $5KJay XuDirector$5KEric McKissack — Director/Treasurer: $5KEric McKissackDirector/Treasurer$5KRavi Saligram — Director: $5KRavi SaligramDirector$5KVictoria Rogers — Director: $5KVictoria RogersDirector$5KAmanda Williams — Director: $5KAmanda WilliamsDirector$5KArthur Cohen — Director: $5KArthur CohenDirector$5KMartha Tedeschi — Director: $5KMartha TedeschiDirector$5K

The highest reported compensation on the 2025 filing was $600K, to Sharon Corwin (CEO, President). 16 officers or directors reported compensation on that filing.

Frequently asked questions about Terra Foundation for American Art

How much does Terra Foundation for American Art give each year?

Terra Foundation for American Art gave $15.4M across 236 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14.3M across 199 grants.

What is Terra Foundation for American Art's typical grant size?

Terra Foundation for American Art's median grant in 2025 was $50,000, and its average grant was $65,335, across 236 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Terra Foundation for American Art that year got $82K on average.

Where does Terra Foundation for American Art give grants?

Terra Foundation for American Art's top state is New York, with 15% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Illinois (10%) and California (9%). The most frequent recipient cities were Chicago, IL (42 grants), New York, NY (17 grants), Los Angeles, CA (7 grants) and Washington, DC (7 grants).

Does Terra Foundation for American Art give general operating support?

Not in 2025: none of the 236 grants with a stated purpose on Terra Foundation for American Art's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Arts Education" (236 grants).

Who are Terra Foundation for American Art's largest grantees?

Terra Foundation for American Art's largest 2025 grantees include Forge Project Association ($550,000), University of Maryland ($400,000 across 2 grants) and Palais De Tokyo ($348,000 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 8% of its itemized 2025 grant dollars.

How large is Terra Foundation for American Art?

Terra Foundation for American Art reported $620.6M in total assets on its 2025 IRS Form 990-PF. It paid out $23.9M in qualifying distributions that year, against a required minimum of $21.3M (roughly 5% of its investment assets).

What does Terra Foundation for American Art fund?

The foundation’s mission is to foster intercultural dialogue and encourage transformative practices that expand narratives of American art. See mission & focus areas ↑

How do I apply for a grant from Terra Foundation for American Art?

The foundation’s open application programs use a two-part process: submit a Grant Inquiry Form, then proceed to a proposal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Terra Foundation for American Art's EIN?

Terra Foundation for American Art's EIN (Employer Identification Number) is 36-2999442. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Terra Foundation for American Art funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/terra-foundation-for-american-art-morg_a6e664b76a8243d98163c67dba53b8b7

BibTeX
@misc{grantable_362999442_2026,
  author       = {{Grantable}},
  title        = {{Terra Foundation for American Art funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/terra-foundation-for-american-art-morg_a6e664b76a8243d98163c67dba53b8b7},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Terra Foundation for American Art's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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