Elizabeth Glassman.

Terra Foundation President and CEO Elizabeth Glassman to Step Down

Elizabeth Glassman, the president and CEO of the Terra Foundation for American Art, has announced that she is planning to resign. She will remain at the organization, which she has led for nearly two decades, until the appointment of her successor.

“We are deeply grateful for Liz’s visionary leadership of the Terra Foundation,” said Joseph P. Gromacki, chair of the foundation’s board. “Her boldness of vision has set the Terra Foundation on a trajectory of innovation and experimentation that prioritizes our cultural partners and the connections that can be made across cultures and communities. With the course she has set, we are excited for the Terra Foundation’s next chapter and to continuing to innovate to fulfill our mission.”

During her tenure, Glassman restructured the foundation’s operational model; it closed its museums in Chicago and Giverny, France, and started on a new trajectory that would allow the organization to circulate the works in its collection on a global scale. She also launched a grants program that has awarded more than $100 million to date.

Commenting on her eighteen years at the foundation, Glassman said: “While we have made fundamental shifts in our approach to better serve our mission and the needs of the many cultural partners with whom we’ve collaborated, there remains much to do as the field of cultural philanthropy continues to rapidly evolve and the need for dialogue and mutual understanding becomes ever more important.”

She added: “Art has the power to start and propel conversation, and I very much look forward to the Terra Foundation’s ongoing leadership in creating and supporting the platforms that make these necessary discussions possible.”