in a recent Open Letter to the Poetry Foundation the poet Sandra Simonds states:

Last year the Poetry Foundation’s income was over seven million dollars and the foundation’s total assets are well above 150 million dollars. I was disappointed to learn that the Poetry Foundation gives only around $7,500 annually to poets in need.

A petition to The Poetry Foundation that you can sign if you want has been set up at Change.org

(It currently has 177 signatures)