and an annual budget of $17 million, most of which flows into grants promoting American art through research, exhibitions and other events. Between 2006 and 2012 alone, the foundation spent $40 million on more than 380 projects in more than 30 countries, starting in Western Europe and branching out to Russia, Mexico, Australia and beyond. In 2012, it gave away $7.6 million, with exhibitions receiving 60 to 70 percent of the funds. Leadership 2001–2020: Elizabeth Glassman 2020–present: Sharon Corwin References External links Foundation website 1978 establishments in Illinois Arts foundations based in the United States Arts organizations established in 1978