The ACMP Foundation was formed in 1993 to foster the playing of chamber music for people of all ages and skill levels. Since 1994, ACMP has awarded 2,614 grants totaling over $3.6 million for programs and projects around the world that promote participatory chamber music activities.

ACMP grant recipients include both well-established and fledgling institutions, regional and national associations, recognized nonprofit organizations as well as individuals able to create and implement suitable programs. ACMP takes a lively interest in recipients' activities, on occasion providing technical and logistical assistance, and arranging for site visits to complement written reports.