The Poetry Foundation, publisher of Poetry magazine, is an independent literary organization committed to a vigorous presence for poetry in our culture. It exists to discover and celebrate the best poetry and to place it before the largest possible audience. The Poetry Foundation works to raise poetry to a more visible and influential position in our culture. The Foundation seeks to be a leader in shaping a receptive climate for poetry by developing new audiences, creating new avenues for delivery, and encouraging new kinds of poetry. Established in 2003 upon receipt of a major gift from philanthropist Ruth Lilly, the Poetry Foundation evolved from the Modern Poetry Association, which was founded in 1941 to support the publication of Poetry magazine. The gift from Ruth Lilly allowed the Poetry Foundation to expand and enhance the presence of poetry in the United States and established an endowment that will fund Poetry magazine in perpetuity.