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The Poetry Foundation

Private foundation · Grantmaker Chicago, IL EIN: 36-2490808 Website

The Poetry Foundation is a private foundation based in Chicago, Illinois. It supports poetry and literary arts through grantmaking and its own programs, publications, events, educational activities, and digital resources.

The Poetry Foundation at a glance

In short: The Poetry Foundation gave $4.2M across 179 grants in 2024 (avg $24K), top state Illinois. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$4,207,326
+19.4% vs 2023
Grants made (2024)
179
+9.8% vs 2023
Average grant
$23,505
+8.7% vs 2023
Median grant
$20,000
Total assets
$313,179,597
+4.2% vs 2023
Primary geography
Illinois (24% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to The Poetry Foundation

How to Apply

The Foundation says guidelines and deadlines are available on its grants page. Its filing describes a competitive application review process and says restrictions on awards should be confirmed with the organization.

Contact

Application contact: Michelle T Boone President
Mailing address: 61 W Superior Street, Chicago, IL 60654
Phone: (312) 799-8072
Email: grants@poetryfoundation.org
Website: https://poetryfoundation.org

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

Who The Poetry Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Mid Atlantic Arts: $500KMid Atlantic Arts$500KRecitation Prizes - Detail Upon REQ: $114KRecitation Prizes - DetailUpon REQ$114KUniversity of Nebraska Foundation: $106KUniversity of NebraskaFoundation$106KWoodland Pattern Inc: $95K across 2 grantsWoodland Pattern Inc$95K · 2 grantsO Miami Inc: $75K across 2 grantsO Miami Inc$75K · 2 grantsCommunity of Literary Magazines and Presses: $66K across 2 grantsCommunity of LiteraryMagazines and Presses$66K · 2 grantsAcademy of American Poets Inc: $62K across 2 grantsAcademy of American Poets Inc$62K · 2 grantsCave Canem: $55KCave Canem$55KThird World Press Foundation Inc: $55K across 2 grantsThird World Press FoundationInc$55K · 2 grantsPoetry Center of Chicago: $55K across 2 grantsPoetry Center of Chicago$55K · 2 grants

The largest 2024 recipient was Mid Atlantic Arts ($500K). Together the top 10 received $1.2M.

Organizations only. It also paid 16 grants to individuals ($309,000), which are not listed by name.

Grant Size Distribution

1,074 grants across all recorded years

1005<$50K45$50–100K22$100–250K1$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1,005 grants of 1,074 (94%).

Geographic Focus

Where this funder awards grants

The General Operating Support program is for eligible organizations based in the U.S. and U.S. territories. In 2024, the largest shares of grant dollars by recipient state were Illinois (24%), Maryland (14%), New York (13%), California (7%), and Florida (3%).

Grant Distribution by State

55states

Share of 2024 grant dollars across all 179 itemized grants.

Cities

ChicagoNew YorkBrooklynSan FranciscoWashingtonLos AngelesBaltimoreHonoluluSaint PaulTucsonDenverOmahaProvidenceBostonMilwaukeePhiladelphiaSioux FallsDetroitHoustonIndianapolis

How The Poetry Foundation gives

  • 32% of 2024 grantees were also funded in 2023. Method
  • Giving grew 111% from 2021 to 2024. Method
  • In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2024). 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$2M$4M$6M38 grants2020 280 grants2021 414 grants2022 163 grants2023 179 grants2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $4.3M (2022). In 2024 it made 179 grants totaling $4.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Mid Atlantic Arts Baltimore, MDGrant for Poetry Out Loud$500,000
Recitation Prizes - Detail Upon REQ Chicago, ILRecitation Prizes$114,204
University of Nebraska Foundation Lincoln, NESpecial projects and opportunities grant for african poetry book fund at the university of Nebraska$106,122
3 grants to individuals Recipients not named —$154,000
Community of Literary Magazines and Presses New York, NYPoetry Programs, Partnerships and Innovation Grant$60,000
Cave Canem Brooklyn, NYEquity in Verse Grant$55,000
Board of Trustees at Illinois State University Normal, ILEquity in verse grant for obsidian: literature & arts in the african diaspora$50,000
Community Literature Initiative Los Angeles, CAEquity in Verse Grant$50,000
Ideas Xlab Louisville, KYSpecial Opportunities Grant$50,000
Poetry Center of Chicago Chicago, ILPoetry Programs, Partnerships and Innovation Grant$50,000
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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
2024$313,179,597$13,753,554$16,739,498$4,207,326179$16,144,753$13,193,048$13,913,595
2023$300,431,923$7,644,729$18,575,315$3,524,622163$16,385,855$6,228,798$13,417,797
2022$292,503,710$10,267,155$19,264,441$4,312,460414$16,788,854$6,397,060$13,783,095
2021$341,014,923$70,333,831$13,491,798$1,997,470280$11,239,377$67,422,884—
2020$318,692,609$14,478,611$11,755,658$1,266,60338—$13,496,520—

Under IRS private-foundation payout rules, The Poetry Foundation reported a distributable amount of $13.9M for 2024 — 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 “amplify poetry and celebrate poets by fostering spaces for all to create, experience, and share poetry.” Its website describes grants as supporting nonprofit organizations with a core commitment to poetry and the literary arts.

Its General Operating Support program offers unrestricted grants to U.S.-based nonprofit poetry organizations, presses, publications, and select literary arts service and membership organizations. Eligible organizations need a minimum operating budget of $20,000; organizations without 501(c)(3) status may apply with a fiscal sponsor. The program’s grants are $10,000–$75,000 for 12 months. The Foundation also describes invitation-only Sustainable Futures grants for past grantee-partners and limited Special Opportunities support for activities such as national events, Midwest poetry initiatives, fellowships, residencies, laureateships, and collaborative funding initiatives.

Examples of grantees illustrate the range of organizations supported. Poets House describes itself as a library and meeting place offering poetry resources, events, and education programs. Young Chicago Authors says it cultivates young people’s voices through writing, publication, and performance education. Woodland Pattern describes its work as presenting poetry and the arts, promoting reading and writing, and serving as a regional resource and forum.

In 2024, the Foundation also reported direct activities including free events, library book clubs and writing workshops, a poetry festival in Chicago, a summer institute for poetry teachers, and co-leading Poetry Out Loud, a national poetry recitation competition for high school students. Its website and Poetry magazine are additional parts of its work.

Grantmaking

In filing year 2024, the Foundation gave 179 grants totaling $4,207,326. Grants ranged from $500 to $500,000, with a median grant of $20,000. Its largest reported awards included $500,000 to an individual recipient for Poetry Out Loud; $114,204 in recitation prizes; and $106,122 to the University of Nebraska Foundation for a special project and opportunities grant for the African Poetry Book Fund at the University of Nebraska. Other awards included $60,000 to the Community of Literary Magazines and Presses for poetry programs, partnerships, and innovation, and $55,000 to Cave Canem for an Equity in Verse grant.

The Foundation says its General Operating Support program uses a competitive application review process. It also describes limited special opportunities and an invitation-only Sustainable Futures program; the 2025–2028 Sustainable Futures grants have been awarded. The filing states that the Foundation awards grants through multiple initiatives, including Equity in Verse and Poetry Programs, Partnerships, and Innovation.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Michelle Boone as president and Gwendolyn Perry Davis as board chair. Other listed officers and directors include Eugene Lowe and Kary McIlwain, vice chairs; Andrew Jacobs, finance committee chair; Stuart Miller, audit committee chair; Angel Ysaguirre, equity committee chair; and trustees John Bracken, Caren Yanis, and Cecilia Conrad. The filing notes that Yanis, McIlwain, and Conrad served through April 2024.

The Poetry Foundation is led by Michelle Boone, President since 2022 (on filings since 2021); 2 of 22 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Michelle Boone

    President

    President- to → President, 2022

    On filings since 2021

    40 hrs/week

    $250K (2021) → $423K (2024)

  • Angel Ysaguirre

    Equity Committee Chair

    Trustee → Equity Committee Chair, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Stuart Miller

    Audit Committee Chair

    Trustee → Audit Committee Chair, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Gwendolyn Perry Davis

    Board Chair

    Trustee-Elected March → Trustee, 2022

    Trustee → Board Chair, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Andrew Jacobs

    Finance Committee Chair

    Trustee-Elected June → Finance Committee Chair - Elected Sept, 2023

    Finance Committee Chair - Elected Sept → Finance Committee Chair, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Caren Yanis

    Trustee-

    Chair → Trustee-, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Cecilia Conrad

    Trustee-

    Equity Committee Chair → Trustee, 2022

    Trustee → Trustee-, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Fabiola Delgado

    Trustee

    Trustee-Elected March → Trustee, 2022

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Deborah Gillespie

    Trustee

    Trustee-Elected June → Trustee, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Marc Bamuthi Joseph

    Trustee

    Trustee-Elected June → Trustee, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Marguerite Griffin

    Trustee

    Trustee-Elected June → Trustee, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Parneshia Jones

    Trustee

    Trustee-Elected June → Trustee, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • John Bracken

    Trustee

    Trustee-Elected September → Trustee, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Lindsey Peckinpaugh

    Trustee

    Trustee-Elected September → Trustee, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Lynne Thompson

    Trustee

    Trustee-Elected September → Trustee, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Michael Fassnacht

    Trustee

    Trustee-Elected September → Trustee, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Deepa Gupta

    Trustee-Started Sept

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Greg Thompson

    Trustee-Started Sept

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Joe Brocato

    Trustee-Started Sept

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Jennifer Casteller

    Chief Operating Officer

    On filings since 2023

    40 hrs/week

    $70K (2023) → $272K (2024)

  • Eugene Lowe

    Vice Chair

    Trustee → Vice Chair, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kary McIlwain

    Vice Chair-

    Trustee → Vice Chair, 2022

    Vice Chair → Vice Chair-, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (15)
  • Former: Ally Bulley (2020–2023) — Finance Committee Chair -
  • Former: Brian Provost (2020–2023) — Trustee -
  • Former: Scott Turow (2020–2023) — Trustee -
  • Former: Lynn Jerath (2021–2023) — Finance Committee Chair -
  • Former: Lawrence T. Mangan (2022–2023) — Vice President of Finance & Administrator
  • Former: Andrea Wishom (2020–2022) — Vice Chair-
  • Former: David Ormesher (2020–2022) — Secretary-
  • Former: Susan Noyes (2020–2022) — Trustee-
  • Former: Blythe McGarvie (2020–2021) — Trustee-
  • Former: Kathleen Coughlin (2020–2021) — Cfo-
  • Former: Marion Godfrey (2020–2021) — Trustee-
  • Former: Ydalmi Noriega (2021) — Vice President of Programs & Engagement
  • Former: Caren Skoulas (2020) — CFO
  • Former: Henry Bienen (2020) — President-
  • Former: Willard Bunn (2020) — Chair-

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Michelle Boone — President: $423KMichelle BoonePresident$423KJennifer Casteller — Chief Operating Officer: $272KJennifer CastellerChief Operating Officer$272K

The highest reported compensation on the 2024 filing was $423K, to Michelle Boone (President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about The Poetry Foundation

How much does The Poetry Foundation give each year?

The Poetry Foundation gave $4.2M across 179 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.5M across 163 grants.

What is The Poetry Foundation's typical grant size?

The Poetry Foundation's median grant in 2024 was $20,000, and its average grant was $23,505, across 179 grants on its 2024 IRS Form 990-PF.

Where does The Poetry Foundation give grants?

The Poetry Foundation's top state is Illinois, with 24% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Maryland (14%) and New York (13%). The most frequent recipient cities were Chicago, IL (35 grants), New York, NY (21 grants), San Francisco, CA (7 grants) and Brooklyn, NY (5 grants).

Does The Poetry Foundation give general operating support?

Not in 2024: none of the 179 grants with a stated purpose on The Poetry Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Poetry Programs, Partnerships and Innovation Grant" (40 grants), "Equity in Verse Grant" (36 grants) and "Small Press Bridge Grant" (30 grants).

Who are The Poetry Foundation's largest grantees?

The Poetry Foundation's largest 2024 grantees include Mid Atlantic Arts ($500,000), Recitation Prizes - Detail Upon REQ ($114,204) and University of Nebraska Foundation ($106,122), according to its 2024 IRS Form 990-PF. It also paid 16 grants to individuals ($309,000), which are not listed by name. Together they received 17% of its itemized 2024 grant dollars.

How large is The Poetry Foundation?

The Poetry Foundation reported $313.2M in total assets on its 2024 IRS Form 990-PF. It paid out $16.1M in qualifying distributions that year, against a required minimum of $13.9M (roughly 5% of its investment assets).

What does The Poetry Foundation fund?

The Foundation’s mission is to “amplify poetry and celebrate poets by fostering spaces for all to create, experience, and share poetry.” Its website describes grants as supporting nonprofit organizations with a core commitment to poetry and the literary arts. See mission & focus areas ↑

How do I apply for a grant from The Poetry Foundation?

The Foundation says guidelines and deadlines are available on its grants page. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Poetry Foundation's EIN?

The Poetry Foundation's EIN (Employer Identification Number) is 36-2490808. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Browse active grant opportunities in The Poetry Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Academy of American Poets Inc

New York, NY

The Academy of American Poets funds poetry and literary organizations, including groups supporting poets, poetry education, and literary programs. Its 2025 grants ranged from $5,500 to $97,200, with a median of $13,750, and went to organizations across the United States, with the largest shares in New York, Wisconsin, and California. It accepted applications for a specific 2025 Poetry Fund opportunity, but general unsolicited requests are not addressed.

Arts, Culture & Humanities

Assets

$17.3M

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Total Given

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Council of Literary Magazines and Presses

New York, NY

CLMP funds independent literary magazines, presses, and other literary publishers, including projects that build their organizations’ capacity. Grants are typically $5,000–$15,000, and the programs described are for eligible U.S. organizations. Applications are accepted through specific grant programs; the profile does not state whether unsolicited requests are accepted.

Assets

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National Book Foundation Inc

New York, NY

The National Book Foundation funds nonprofit literary arts organizations, particularly capacity-building projects such as strategic planning, staff development, fundraising, and diversity initiatives. Its typical grant was $10,000 in 2025, with its program offering $5,000 or $10,000 grants to organizations across the United States. It accepted applications for the 2024 cycle, which closed May 10, 2024; no current application status is stated.

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Richard and Mary L Gray Foundation

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The Richard and Mary L Gray Foundation funded a varied mix of cultural, educational, and disability-services organizations, with most 2020 grants going to Illinois recipients. Grants ranged from $500 to $6.37 million, with a median of $5,000; it terminated on December 31, 2020, after distributing its assets. Its filing said a letter requesting a donation was sufficient and there were no deadlines, but the foundation is no longer operating.

Assets

—

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Field Foundation of Illinois

Chicago, IL

The Field Foundation of Illinois funds arts and culture, resident-led community work, journalism and storytelling, and local leaders, primarily on Chicago’s South and West Sides. Its 2025 grants had a median of $25,000, though awards ranged from $300 to over $1.1 million; it accepts unsolicited applications for A Road Together during an annual window, while Community Investments is invitation-based and Leaders for a New Chicago works by nomination.

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Total Given

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Washington, DC

Public Welfare Foundation funds U.S. nonprofits working on systemic adult and youth justice reform, including policy advocacy, organizing, leadership development, and community-led alternatives to incarceration; it generally does not fund direct services. Its 2025 grants ranged from $100 to $500,000, with a median of $138,500, and support focused on communities across the United States, including named priority locations such as Louisiana, Michigan, Georgia, and Washington, DC. It is not accepting Letters of Inquiry now; its grant portal is closed, and it asks applicants to check back in Fall 2026.

Assets

$614.7M

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Total Given

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Cite this profile

Grantable. (2026). The Poetry Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-poetry-foundation-morg_aa5eaa4b75b04e49ada84e2062b8eeb4

BibTeX
@misc{grantable_362490808_2026,
  author       = {{Grantable}},
  title        = {{The Poetry Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-poetry-foundation-morg_aa5eaa4b75b04e49ada84e2062b8eeb4},
  note         = {Accessed 2026-10-10. 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 The Poetry Foundation'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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