Expanding on its tradition of encouraging individual creativity and building effective institutions to help address some of the world’s most challenging problems, the MacArthur Foundation selects a group of small non-profit organizations around the world for this prestigious award each year. Those with operating budgets of $1 million or less are awarded a $350,000 grant. Those with operating budgets between $1 - $2.5 million receive a $500,000 award. Read more about the award.