Check out this piece in the New Yorker about the massive amount of money that the Poetry Foundation has and how they're spending it. Here's the Poetry Foundation's response.
To summarize: The Poetry Foundation has a shit-ton of money, way more money than you ever thought poetry would attract. They are using it to publish Poetry, syndicate Ted Koosier's newspaper column, buy an office building, maintain a web site, promote poetry to nationally circulated consumer magazines, etc. A lot of people in the poetry community are annoyed, pissed or outright angry at the way the money is being spent, primarily because the Poetry Foundation takes a "do it our way/go-it-alone" approach rather than redistributing the money to the scores of independent publishers and artists who could use it.
My opinion: I'm not speaking for Dennis and Chris, but my general attitude is "Who cares?" The New Yorker sets up the story as a confrontation--People who favor the Poetry Foundation must believe in A, B, C. People who disagree with the Poetry Foundation must believe in X, Y, Z.
That's a convenient story-telling device, but it misses the point. Both sides have merit. Both sides have weaknesses. Both sides also have proponents with self-serving agendas, so they benefit by dismissing each other outright.
One joy of running Red Morning Press is that our merits and weaknesses don't matter that much. We all have jobs outside poetry, so what other publishers and poets think about our mission, our aesthetic, our fashion sense, whatever--it doesn't really concern us. We're going to publish poetry we regardless of how much money the Poetry Foundation spends or how much people rail against it.
As long as we can afford it, no one can really stop us from putting good books into the world. That's one of the reasons I encourage poets I meet to think about self-publishing. It's not that difficult or expensive, and the freedom to do it the way you want is priceless.