Funder DirectoryTERRA FOUNDATION FOR AMERICAN ART
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Private non-operating foundationEIN 362999442Est. 2003-05

TERRA FOUNDATION FOR AMERICAN ART

CHICAGO, IL 60611

Accepts unsolicited proposals

Total Assets

$583.8M

FY 2022

Annual Giving

$14.7M

FY 2022

Grants Made

225

FY 2022

Avg Grant

$65K

FY 2022

Grant Range

$604–$350K

Typical

Deadlines

Various

Applications

Programs & Activities

Program 1

$14.7M

Grants were awarded to 179 educational & public institutions for exhibitions, educational programs & sympsia, fellowships, & publications.

Program 2

$328K

Direct activities to advance the field of american art, including exhibitions, scholarly research, publications and educational & residency programs.

Program 3

$3K

Fellowship and research grants were awarded to individuals for art education. All grants to individuals are monitored by terra foundation staff.

Focus Areas

Private Operating Foundations

Financial Snapshot

2022 filing

Total Revenue

$449K

Total Expenses

$19.5M

Qualifying Distributions

$23.6M

Distributable Amount

$18.5M

Min. Investment Return

$18.4M

Undistributed Income

$14.2M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

225 grants

Grant sizes from minimum $604 through median $70K to maximum $350K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2022. Peak $14.7M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

TERRA FOUNDATION FOR AMERICAN ART FUND
$5.3M
2 grants
THE STUDIO MUSEUM IN HARLEM
$1.0M
2 grants
IFF
$1M
1 grant
SMITHSONIAN AMERICAN ART MUSEUM AND THE RENWICK GALLERY
$865K
6 grants
SOUTH SIDE COMMUNITY ART CENTER
$829K
7 grants
CENTRE POMPIDOU
$745K
4 grants
COLLEGE ART ASSOCIATION
$606K
5 grants
BARBICAN CENTRE TRUST
$550K
3 grants

Grant Size Distribution

500 grants

<$10K
72
grants
$10–50K
205
grants
$50–250K
215
grants
$250K–1M
6
grants
$1–5M
2
grants
$5M+

Geographic Focus

40 states

Illinois
$11.4M
38% of total
New York
$6.4M
21% of total
District of Columbia
$1.6M
5% of total
Massachusetts
$1.5M
5% of total
California
$1.5M
5% of total
Pennsylvania
$916K
3% of total
Maryland
$645K
2% of total
Minnesota
$485K
2% of total
Ohio
$475K
2% of total
North Carolina
$395K
1% of total

+30 more states

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