The has announced that it awarded grants totaling more than $11.4 million in 2016 in support of nearly eighty initiatives and partnerships.
The foundation's largest commitment was $4.5 million to the Smithsonian Institution in support of its efforts to increase access to the , an extensive collection of archival material related to the artists, collectors, dealers, and scholars who have shaped the history of art in the United States. Other awards included support for postdoctoral teaching fellowships at in Berlin; various international exhibitions, including Mary Cassatt Retrospective (National Museum of Modern Art, Kyoto), Alexander Calder and Fischli/Weiss (Fondation Beyeler, in Basel, Switzerland); Continental Shift: Nineteenth Century American and Australian Landscape Painting (Art Gallery of Western Australia); and the Terra Foundation Essays series.
Since 2005, the foundation has awarded nearly $80 million in support of more than seven hundred projects around the world. "For more than a decade, the foundation has been actively supporting projects that inspire the exploration, understanding, and enjoyment of the visual arts of the United States," said Terra Foundation president and CEO Elizabeth Glassman. "This year's awards demonstrate the geographic and topical range of our efforts, which result in meaningful cross-cultural exchanges with audiences across the globe."