Poetry Foundation

The Poetry Foundation is an American literary foundation based in Chicago. It was established in 2003 after philanthropist Ruth Lilly made a bequest to the Modern Poetry Association, which was founded in 1941 to support the publication of Poetry, and was the predecessor of the Poetry Foundation. Lilly's bequest later grew to about $200 million. The foundation continues to publish Poetry magazine.

According to the foundation, its mission is to amplify poetry and celebrate poets by fostering spaces for all to create, experience, and share poetry. In addition to its magazine, it pursues that mission through grants, awards, free public programs, a public poetry library, and the literary blog Harriet.

The Poetry Foundation is a 501(c)(3) exempt private nonoperating foundation.