Poetry organization receives $2 million grant

From the Associated Press:

Poets & Writers, a nonprofit literary organization, has received a $2 million donation to support its Jackson Poetry Prize, a $50,000 award founded in 2007 for emerging American poets.

"Receiving this generous gift during such a challenging time reminds us of the importance of literature," Elliot Figman, executive director of Poets & Writers, said in a statement Monday.

The money comes from the Liana Foundation, a philanthropic organization based in Far Hills, N.J., and co-managed by poet Susan Jackson.