History of the Fund
Woods Charitable Fund was established in 1941. It was the philanthropic expression of the Woods family of Lincoln, Nebraska and later, of Chicago. The first generation founders were Nelle Cochrane Woods and Frank Woods, an attorney and nationally prominent telephone company executive. Mr. and Mrs. Woods and their three sons incorporated the foundation. Two sons remained in Lincoln, while Frank Woods, Jr. (who did not use the "junior"), worked in Chicago after finishing college; he eventually headed Sahara Coal Company and a family office in Chicago.
Woods Charitable Fund grew in significance to its two communities (Lincoln and Chicago) with the infusion of additional funds in the 1950s and with the leadership of Frank Woods (Jr.). Serving as the Fund's "administrator", Frank Woods provided the vision that has given focus to much of the Fund's work. Thomas C. Woods, Jr. of Lincoln was president of Woods Charitable Fund from 1968 to 1990, when Lucia Woods Lindley, Frank Woods' (Jr.) daughter, became president.
Frank Woods (Jr.) was a true national leader in philanthropy. He was active in developing the Council on Foundations, whose original goal was to promote community foundations. Woods Charitable Fund provided money and leadership to create the Lincoln Community Foundation and gave large grants to the Chicago Community Trust. The Fund published biennial reports beginning in 1960, a rare practice at the time, particularly among smaller foundations.
Although he valued major arts and civic organizations, he seemed to have a broader vision of philanthropy. Under his leadership, institutions like the Art Institute of Chicago, which he chaired, were great beneficiaries. But he also gave grants to help equalize opportunities before the Civil Rights era and supported small community-based groups. He appeared to have valued risk taking in philanthropy, setting up a fund at the Chicago Community Trust whose purpose was to encourage "high risk grants." He was known to be very open to community organizing and got involved early in its funding.
Following Frank Woods' death, George Kelm provided leadership in bringing professional staff and new Board members into the Fund, and in supporting staff in the development of clear guidelines and program priorities. In the early ‘90's, he helped the Fund separate to better serve its respective communities, Lincoln and Chicago, and became the first President of the Woods Fund of Chicago. George Kelm, like his predecessor, was a major figure in Chicago area philanthropy and in the Council on Foundations. He was especially concerned about the well-being of children and families, and, with Director Lucia Woods Lindley, inspired the Fund's grantmaking interest in this area.
One critical leadership contribution of Mr. Kelm was hiring the Fund's first full-time staff director, Jean Rudd. She shaped the Director's philanthropic visions into clear grantmaking guidelines, creating two major grantmaking programs in community organizing and public workforce development policy that remain to this day. With the Board's support, Jean recruited staff and Directors to the Fund who were professionals in these fields. She and her staff excelled in finding investment opportunities for the Fund in emerging issues that affected the area's least advantaged, including welfare reform, affordable housing, the quality of public schools, the involvement of non-custodial fathers in raising families, race and class disparities in the juvenile justice system, and tax policy as a tool to reduce poverty.
The Woods family had the wisdom to recognize that specific needs and opportunities change. They gave little specific direction to the proposed uses of the Fund, beyond somewhat standard language: to make contributions to organizations "...organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, including the encouragement of art...".
By not citing specific guidelines, the founders entrusted to future directors the responsibility of effective grantmaking.
Still, the legacy of the Woods family, of George Kelm, of Jean Rudd, and of other staff members and directors established a clear set of principles that give focus to the Fund's work.
Sounds like a subversive group to me. Must be an offshoot of Hamas. Let's fry these terrorist pricks.