The Poetry Foundation is a United States literary society that seeks to promote poetry and lyricism in the wider culture. It was formed from Poetry magazine, which it continues to publish, with a 2003 gift of $200 million from philanthropist Ruth Lilly.

Poetry has been published in Chicago since 1912. It is one of the leading monthly poetry journals in the English-speaking world. Founded by poet and arts columnist Harriet Monroe, who built it into an influential publication, it is now published by the Poetry Foundation. In 2007 the magazine had a circulation of 30,000, and printed 300 poems per year out of approximately 100,000 submissions. It is sometimes referred to as Poetry—Chicago.