For 2024, the amount of the W. Eugene Smith Grant is $30,000. In addition, two $10,000 Finalist Grants will be awarded. Applicant also understands and agrees that if applicant is the recipient of the Grant, $24,000 will be paid upon receipt of the Grant, and $6000 will be paid upon receipt of twelve (12) digital images and twelve (12) prints within eighteen (18) months after receipt of the Grant. The Finalist Grants will pay $8,000 upon receipt of the grant and $2,000 will be paid upon receipt of twelve (12) digital images within eighteen (18) months after receipt of the Grant. Recipients must submit a final report detailing how the grant was used and how the money contributed to the success of the project.

The images shall become part of the W. Eugene Smith Legacy Collection at the International Center of Photography in New York. Applicant also agrees that as part of the unrestricted gift, the Smith Fund may exhibit the images and use them on a non-exclusive licensing basis to promote the activities of the Fund.

The W. Eugene Smith Memorial Fund, Inc., a not-for-profit corporation qualified under Section 501(c)(3) of the Internal Revenue Code, independently administers the grant program that provides photographers with the financial freedom to carry out or complete a major photographic essay.