Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
WOODS FUND OF CHICAGO
 
Number and street (or P.O. box number if mail is not delivered to street address)200 WEST MADISON STREET 3RD FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60606
A Employer identification number

36-3917968
B Telephone number (see instructions)

(312) 782-2698
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$62,298,009J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 86,104 86,104  
4 Dividends and interest from securities... 621,830 621,830  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,676,818
b Gross sales price for all assets on line 6a 10,469,886
7 Capital gain net income (from Part IV, line 2)... 4,323,696
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0 -21,046  
12 Total. Add lines 1 through 11........ 4,384,752 5,010,584  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 392,048 0   392,048
14 Other employee salaries and wages...... 769,770 0   769,770
15 Pension plans, employee benefits....... 270,770 0   270,770
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,040 0   3,040
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
39,595 0   39,595
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
249,326 144,891   100,435
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
98,229 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 131,960 0   131,960
21 Travel, conferences, and meetings....... 36,333 0   36,333
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
436,815 0   436,815
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,427,886 144,891   2,180,766
25 Contributions, gifts, grants paid....... 4,331,750 4,331,750
26 Total expenses and disbursements. Add lines 24 and 25 6,759,636 144,891   6,512,516
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,374,884
b Net investment income (if negative, enter -0-) 4,865,693
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,417,784 1,308,472 1,308,472
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 46,690,720 Click to see attachment
List of Attached Documents:
// Content
44,425,148 		60,989,537
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 48,108,504 45,733,620 62,298,009
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 137,821,206 141,498,021
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -89,712,702 -95,764,401
29 Total net assets or fund balances (see instructions)..... 48,108,504 45,733,620
30 Total liabilities and net assets/fund balances (see instructions). 48,108,504 45,733,620
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
48,108,504
2
Enter amount from Part I, line 27a .....................
2
-2,374,884
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
45,733,620
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
45,733,620
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a MFO BROWN CAP MGMT MUT FDS P 2021-12-10 2023-12-19
b CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-02-07
c CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-03-01
d CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-03-08
e CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-04-10
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-05-08
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-06-07
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-06-30
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-07-10
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-08-07
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-09-01
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-09-08
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-10-10
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-11-08
CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2023-12-08
MFO GOLDMAN SACHS TRUST II GQG PARTNERS INTL OPPORTUNITIES FD CL R6 P 2020-12-11 2023-02-06
MFO GOLDMAN SACHS TRUST II GQG PARTNERS INTL OPPORTUNITIES FD CL R6 P 2020-12-11 2023-05-30
MFO GOLDMAN SACHS TRUST II GQG PARTNERS INTL OPPORTUNITIES FD CL R6 P 2020-12-11 2023-09-26
CF SSGA US TIPS INDEX NL QP CTF (CMY5) FUND P 2014-03-06 2023-09-26
MFO TOUCHSTONE STRATEGIC TR SANDS CAP EMERGING MKTS GROWTH FD INSTL CL P 2018-11-07 2023-11-29
CF RREEF AMERICA REIT II P 2014-10-01 2023-03-31
CF RREEF AMERICA REIT II P 2014-10-01 2023-06-30
CF RREEF AMERICA REIT II P 2014-10-01 2023-09-29
MFO PARNASSUS EQTY INC FD-INS P 2019-11-21 2023-02-06
MFO PARNASSUS EQTY INC FD-INS P 2014-12-23 2023-05-30
MFO PARNASSUS EQTY INC FD-INS P 2014-12-23 2023-09-26
MFO PARNASSUS EQTY INC FD-INS P 2014-12-23 2023-10-27
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2019-06-14 2023-09-26
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2019-06-14 2023-11-06
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2019-06-14 2023-11-16
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2015-05-19 2023-11-21
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2013-10-22 2023-05-30
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2013-10-22 2023-09-26
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2013-10-22 2023-11-06
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2013-10-22 2023-11-16
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2013-10-22 2023-11-21
BROWN CAPITAL MANAGEMENT SMALL COMPANY FUND, LONG-TERM P 2023-01-01 2023-12-31
PARNASSUS EQUITY INCOME FUND, LONG-TERM P 2023-01-01 2023-12-31
MFO HARBOR FDS SMAL CAP RETRMT P 2023-01-01 2023-12-31
HIGH VISTA PRIVATE EQUITY III, L.P. P 2023-01-01 2023-12-31
HIGH VISTA INTERNATIONAL PARTNERS, L.P. P 2023-01-01 2023-12-31
CBRE STRATEGIC PARTNERS U.S. VALUE 7 P 2023-01-01 2023-12-31
PRIVATE EQUITY CORE FUND III P 2023-01-01 2023-12-31
WARBURG PINCUS PRIV EQUITY XII P 2023-01-01 2023-12-31
HIGHVISTA U.S. PRIVATE EQUITY III, LP P 2023-01-01 2023-12-31
HIGHVISTA U.S. PRIVATE EQUITY III, LP P 2022-01-01 2023-12-31
HIGHVISTA INTERNATIONAL PARTNERS, LP P 2023-01-01 2023-12-31
HIGHVISTA INTERNATIONAL PARTNERS, LP P 2022-01-01 2023-12-31
PRIVATE EQUITY CORE FUND (QP) II, LP P 2023-01-01 2023-12-31
PRIVATE EQUITY CORE FUND (QP) II, LP P 2022-01-01 2023-12-31
PRIVATE EQUITY CORE FUND (QP) III, LP P 2023-01-01 2023-12-31
PRIVATE EQUITY CORE FUND (QP) III, LP P 2022-01-01 2023-12-31
WARBURG PINCUS PRIVATE EQUITY XII, L.P. P 2022-01-01 2023-12-31
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (B), L.P. P 2022-01-01 2023-12-31
WARBURG PINCUS GLOBAL GROWTH, L.P. P 2022-01-01 2023-12-31
WARBURG PINCUS GLOBAL GROWTH (E&P)-2, L.P. P 2022-01-01 2023-12-31
MONDRIAN EMERGING MARKETS EQUITY FUND, L.P. P 2023-01-01 2023-12-31
MONDRIAN EMERGING MARKETS EQUITY FUND, L.P. P 2022-01-01 2023-12-31
OBVIOUS VENTURES III, L.P. P 2023-01-01 2023-12-31
OBVIOUS VENTURES III, L.P. P 2022-01-01 2023-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 200,000   227,202 -27,202
b     504 -504
c 2,404   2,684 -280
d     9,679 -9,679
e     9,388 -9,388
5,390     5,390
    11,445 -11,445
2,555   2,863 -308
3,525     3,525
    767 -767
2,605   2,660 -55
    67,092 -67,092
1,214     1,214
1,874     1,874
98     98
700,000   730,183 -30,183
650,000   649,265 735
100,000   98,770 1,230
200,000   197,190 2,810
893,697   752,916 140,781
7,601   4,972 2,629
10,937   7,449 3,488
10,615   7,473 3,142
600,000   583,716 16,284
200,000   162,578 37,422
100,000   80,342 19,658
125,000   103,774 21,226
100,000   83,100 16,900
200,000   164,681 35,319
325,000   262,186 62,814
870,426   655,618 214,808
150,000   52,185 97,815
200,000   68,122 131,878
300,000   99,892 200,108
300,000   96,637 203,363
1,929,847   617,199 1,312,648
67,560     67,560
159,154     159,154
57,146     57,146
56,849     56,849
85,722     85,722
2,397     2,397
32,636     32,636
835,098     835,098
    113 -113
18,331     18,331
13,008     13,008
21,623     21,623
    114 -114
    12,378 -12,378
    329 -329
52,298     52,298
870,611     870,611
3,473     3,473
    36,889 -36,889
1,192     1,192
    2,353 -2,353
    47,842 -47,842
    5,728 -5,728
    227,912 -227,912
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -27,202
b       -504
c       -280
d       -9,679
e       -9,388
      5,390
      -11,445
      -308
      3,525
      -767
      -55
      -67,092
      1,214
      1,874
      98
      -30,183
      735
      1,230
      2,810
      140,781
      2,629
      3,488
      3,142
      16,284
      37,422
      19,658
      21,226
      16,900
      35,319
      62,814
      214,808
      97,815
      131,878
      200,108
      203,363
      1,312,648
      67,560
      159,154
      57,146
      56,849
      85,722
      2,397
      32,636
      835,098
      -113
      18,331
      13,008
      21,623
      -114
      -12,378
      -329
      52,298
      870,611
      3,473
      -36,889
      1,192
      -2,353
      -47,842
      -5,728
      -227,912
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,323,696
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 67,633
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 67,633
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 67,633
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 134,728
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 134,728
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 67,095
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow67,095 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.WOODSFUND.ORG
14
The books are in care ofright arrowJANE CLIFFORD INTERIM VP OF FINANC Telephone no.right arrow (312) 600-0948

Located atright arrow200 WEST MADISON STREET 3RD FLOORCHICAGOIL ZIP+4right arrow60606
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
LAWRENCE ANTON SEALS JR CHAIR
1.00 		0 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
ALICE KIM VICE CHAIR
1.00 		0 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
MONICA HARRIS SECRETARY
1.00 		5,000 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
MATTHEW REILEIN TREASURER
1.00 		0 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
DR LOURDES TORRES DIRECTOR
1.00 		0 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
KIMBERLY RUDD DIRECTOR
1.00 		0 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
STACEY SUTTON DIRECTOR
1.00 		5,000 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
MICHELLE MORALES PRESIDENT
40.00 		261,248 31,690 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
DEBORAH D CLARK ASST. SECRETARY, GRANTS &
40.00 		120,800 30,731 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
WEI ANITON VP OF FINANCE
40.00 		195,400 34,294 0
201 W MADISON ST 3RD FLOOR
CHICAGO,IL60607
CAROLINE MCCOY VP OF PROGRAMS
40.00 		196,500 22,466 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
IRENE JUANIZA PROGRAM OFFICER
40.00 		120,600 25,411 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
ANDREA ORTEZ PROGRAM OFFICER
40.00 		92,619 17,842 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
MARIE BAHATI PROGRAM OFFICER
40.00 		91,667 11,939 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
35,748,713
b
Average of monthly cash balances.......................
1b
2,094,220
c
Fair market value of all other assets (see instructions)................
1c
26,404,348
d
Total (add lines 1a, b, and c).........................
1d
64,247,281
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
64,247,281
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
963,709
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
63,283,572
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,164,179
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,164,179
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
67,633
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
2,824
c
Add lines 2a and 2b............................
2c
70,457
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,093,722
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,093,722
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,093,722
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,512,516
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,512,516
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 3,093,722
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 970,285
b From 2019...... 513,801
c From 2020...... 1,692,190
d From 2021...... 1,442,001
e From 2022...... 1,992,097
f Total of lines 3a through e ........ 6,610,374
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,512,516
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		Click to see attachment
List of Attached Documents:
// Content
0
d Applied to 2023 distributable amount..... 3,093,722
e Remaining amount distributed out of corpus 3,418,794
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 10,029,168
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		970,285
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		9,058,883
10 Analysis of line 9:
a Excess from 2019.... 513,801
b Excess from 2020.... 1,692,190
c Excess from 2021.... 1,442,001
d Excess from 2022.... 1,992,097
e Excess from 2023.... 3,418,794
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DEBORAH CLARK GRANTS MANAGER
200 WEST MADISON STREET 3RD FLOOR
CHICAGO,IL60606
(312) 782-2698
bThe form in which applications should be submitted and information and materials they should include:
SEE OUR WEBSITE WOODSFUND.ORG/HOW-TO-APPLY FOR FORMS AND MATERIALS
cAny submission deadlines:
CORE GRANTMAKING DEADLINES ARE GENERALLY TWICE/YEAR FOR OUR SPRING AND FALL CYCLE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
WOODS FUND WORKS PRIMARILY AS A PARTNER WITH NONPROFIT ORGANIZATIONS TO FIGHT THE BRUTALITY OF POVERTY AND STRUCTURAL RACISM IN THE CHICAGO REGION. GRANTS ARE GENERALLY LIMITED TO NONPROFIT ORGANIZATIONS THAT OPERATE IN THE CHICAGO METROPOLITAN AREA AND ARE PRIMARILY PROVIDED TO ORGANIZATIONS LOCATED IN CHICAGO. WOODS FUND WILL ONLY PROVIDE GRANTS TO ORGANIZATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR HAVE A FISCAL SPONSOR. THE FISCAL SPONSOR AND ORGANIZATION'S MISSIONS SHOULD BE IN ALIGNMENT. NO GRANTS CAN BE MADE TO INDIVIDUALS. PLEASE NOTE THAT WFC REQUIRES ORGANIZATIONS TO ADHERE TO LOBBYING LIMITS ESTABLISHED BY THE FEDERAL GOVERNMENT FOR ORGANIZATIONS WITH A 501(C)(3) DESIGNATION. PLEASE REFER TO THE INFORMATION PROVIDED ON THE BOLDERADVOCACY.ORG OF THE ALLIANCE FOR JUSTICE WEB SITE FOR A DETAILED DESCRIPTION OF REGULATIONS AND REQUIREMENTS FOR NONPROFITS ENGAGED IN ADVOCACY WORK. FOR MORE INFORMATION VISIT HTTPS://WWW.WOODSFUND.ORG/OUR-GRANTS
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A LONG WALK HOME INC

1658 N MILWAUKEE AVE
CHICAGO,IL60647 		  PC GENERAL OPERATING SUPPORT 35,000

ACTION NOW INSTITUTE

1901 W CARROLL SUITE 201A
CHICAGO,IL60612 		  PC GENERAL OPERATING SUPPORT 40,000

ALIANZA LEADERSHIP INSTITUTE DBA ALLIANCE OF THE SOUTHEAST

9204 S COMMERCIAL AVE SUITE 301
CHICAGO,IL60617 		  PC GENERAL OPERATING SUPPORT 40,000

ALLIANCE OF FILIPINOS FOR IMMIGRANT RIGHTS AND EMPOWERMENT

4300 N CALIFORNIA AVE
CHICAGO,IL60618 		  PC GENERAL OPERATING SUPPORT 70,000

ARAB AMERICAN ACTION NETWORK

3148 W 63RD ST 2ND FLOOR
CHICAGO,IL60629 		  PC GENERAL OPERATING SUPPORT 45,000

ARISE CHICAGO

1436 W RANDOLPH SUITE 202
CHICAGO,IL60607 		  PC GENERAL OPERATING SUPPORT 40,000

ASIAN AMERICAN INSTITUTE DBA ASIAN AMERICANS ADVANCING JUSTICE CHICAGO

4716 N BROADWAY
CHICAGO,IL60640 		  PC GENERAL OPERATING SUPPORT 40,000

BLACK ROOTS ALLIANCE

5061 S PRAIRIE AVENUE
CHICAGO,IL60615 		  PC GENERAL OPERATING SUPPORT 50,000

BLOCKS TOGETHER

3711 W CHICAGO AVE
CHICAGO,IL60651 		  PC GENERAL OPERATING SUPPORT 42,500

BRAVE SPACE ALLIANCE

1515 E 52ND PLACE
CHICAGO,IL60615 		  PC GENERAL OPERATING SUPPORT 45,000

BRIGHTON PARK NEIGHBORHOOD COUNCIL

4477 S ARCHER AVE
CHICAGO,IL60632 		  PC GENERAL OPERATING SUPPORT 50,000

BYP100 EDUCATION FUND

P O BOX 15254
CHICAGO,IL60615 		  PC GENERAL OPERATING SUPPORT 35,000

CABRINI-GREEN LEGAL AID CLINIC INC

740 N MILWAUKEE AVE
CHICAGO,IL60642 		  PC GENERAL OPERATING SUPPORT 40,000

CHICAGO AMERICAN INDIAN COMMUNITY COLLABORATIVE

1650 W FOSTER AVE
CHICAGO,IL60640 		  PC GENERAL OPERATING SUPPORT 50,000

CHICAGO COALITION FOR THE HOMELESS

70 E LAKE ST SUITE 720
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 55,000

CHICAGO COMMUNITY AND WORKERS RIGHTS

2801 S HAMLIN
CHICAGO,IL60623 		  PC GENERAL OPERATING SUPPORT 45,000

CHICAGO COMMUNITY BOND FUND

601 S CALIFORNIA AVE
CHICAGO,IL60612 		  PC GENERAL OPERATING SUPPORT 45,000

CHICAGO UNITED FOR EQUITY

17 N WABASH AVE
CHICAGO,IL60602 		  PC GENERAL OPERATING SUPPORT 35,000

CHICAGO WORKERS COLLABORATIVE

1914 S ASHLAND AVE
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 53,500

COMMUNITIES UNITED

4749 N KEDZIE
CHICAGO,IL60625 		  PC GENERAL OPERATING SUPPORT 55,000

COMMUNITY ORGANIZING AND FAMILY ISSUES

2245 S MICHIGAN AVE SUITE 200
CHICAGO,IL60616 		  PC GENERAL OPERATING SUPPORT 40,000

COMMUNITY RENEWAL SOCIETY

111 W JACKSON BLVD SUITE 820
CHICAGO,IL60604 		  PC GENERAL OPERATING SUPPORT 35,000

CROSSROADS FUND

3411 W DIVERSEY 20
CHICAGO,IL60647 		  PC GENERAL OPERATING SUPPORT 190,000

ENLACE CHICAGO

2756 S HARDING
CHICAGO,IL60623 		  PC GENERAL OPERATING SUPPORT 40,000

EQUITY AND TRANSFORMATION

10 W 35TH ST 9TH FLOOR
CHICAGO,IL60616 		  PC GENERAL OPERATING SUPPORT 45,000

FAITH IN PLACE

70 E LAKE ST SUITE 920
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 35,000

FIRST DEFENSE LEGAL AID

5100 W HARRISON ST
CHICAGO,IL60644 		  PC GENERAL OPERATING SUPPORT 35,000

GRASSROOTS COLLABORATIVE

637 S DEARBORN ST 3RD FLOOR
CHICAGO,IL60605 		  PC GENERAL OPERATING SUPPORT 60,000

HEALING TO ACTION

332 S MICHIGAN AVE SUITE 1032/H696
CHICAGO,IL60604 		  PC GENERAL OPERATING SUPPORT 25,000

HOUSING ACTION ILLINOIS

67 E MADISON ST SUITE 1603
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 45,000

ILLINOIS CAUCUS FOR ADOLESCENT HEALTH

PO BOX 477629
CHICAGO,IL60647 		  PC GENERAL OPERATING SUPPORT 35,000

ILLINOIS COALITION FOR IMMIGRANT AND REFUGEE RIGHTS

228 S WABASH SUITE 800
CHICAGO,IL60604 		  PC GENERAL OPERATING SUPPORT 60,000

IMMIGRANT SOLIDARITY DUPAGE

311 S NAPERVILLE RD SUITE C
WHEATON,IL60187 		  PC GENERAL OPERATING SUPPORT 45,000

INNER-CITY MUSLIM ACTION NETWORK

2744 W 63RD ST
CHICAGO,IL60629 		  PC GENERAL OPERATING SUPPORT 45,000

KENWOOD OAKLAND COMMUNITY ORGANIZATION

4242 S COTTAGE GROVE AVE
CHICAGO,IL60653 		  PC GENERAL OPERATING SUPPORT 140,000

LATINO POLICY FORUM

180 N MICHIGAN AVE SUITE 1250
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 55,000

LATINO UNION INC AKA LATINO UNION OF CHICAGO

4811 N CENTRAL PARK AVE
CHICAGO,IL60625 		  PC GENERAL OPERATING SUPPORT 50,000

LAWNDALE CHRISTIAN DEVELOPMENT

3843 W OGDEN AVE
CHICAGO,IL60623 		  PC GENERAL OPERATING SUPPORT 35,000

LITTLE VILLAGE ENVIRONMENTAL JUSTICE ORGANIZATION

2445 SPAULDING AVE
CHICAGO,IL60623 		  PC GENERAL OPERATING SUPPORT 50,000

LIVE FREE CHICAGO DBA LIVE FREE ILLINOIS

4445 S KING DR
CHICAGO,IL60653 		  PC GENERAL OPERATING SUPPORT 35,000

LOGAN SQUARE NEIGHBORHOOD ASSOCIATION DBA PALENQUE LSNA

2840 N MILWAUKEE AVE
CHICAGO,IL60618 		  PC GENERAL OPERATING SUPPORT 50,000

LUGENIA BURNS HOPE CENTER

710 E 47TH ST SUITE 200W
CHICAGO,IL60653 		  PC GENERAL OPERATING SUPPORT 90,000

MAMAS ACTIVATING MOVEMENTS FOR ABOLITION AND SOLIDARITY

4300 N CALIFORNIA AVE
CHICAGO,IL606181514 		  PC GENERAL OPERATING SUPPORT 70,000

METROPOLIS STRATEGIES DBA ILLINOIS JUSTICE PROJECT

21 S CLARK ST SUITE 4301
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 35,000

MUJERES LATINAS EN ACCION

2124 W 21ST PLACE
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 25,000

NORTHWEST SIDE HOUSING CENTER DBA NORTHWEST CENTER

5233 W DIVERSEY AVE
CHICAGO,IL60639 		  PC GENERAL OPERATING SUPPORT 40,000

ORGANIZED COMMUNITIES AGAINST DEPORTATIONS

4811 N CENTRAL PARK AVE
CHICAGO,IL60625 		  PC GENERAL OPERATING SUPPORT 55,000

PASO-WEST SUBURBAN ACTION PROJECT

3415 W NORTH AVE SUITE D
MELROSE PARK,IL60160 		  PC GENERAL OPERATING SUPPORT 50,000

PILSEN ALLIANCE

1744 W 18TH ST
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 40,000

PRISON NEIGHBORHOOD ARTSEDUCATION PROJECT

2040 N MILWAUKEE AVE
CHICAGO,IL60647 		  PC GENERAL OPERATING SUPPORT 45,000

PROGRESS CENTER FOR INDEPENDENT LIVING

7521 MADISON ST
FOREST PARK,IL60130 		  PC GENERAL OPERATING SUPPORT 35,000

RAISE YOUR HAND FOR ILLINOIS PUBLIC EDUCATION

73 W MONROE 320
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 55,000

SOUTHSIDE TOGETHER ORGANIZING FOR POWER

602 E 61ST ST
CHICAGO,IL60637 		  PC GENERAL OPERATING SUPPORT 50,000

SOUTHWEST ORGANIZING PROJECT

2558 W 63RD ST
CHICAGO,IL60629 		  PC GENERAL OPERATING SUPPORT 55,000

SOUTHSIDERS ORGANIZED FOR UNITY AND LIBERATION

11211 S ST LAWRENCE
CHICAGO,IL60628 		  PC GENERAL OPERATING SUPPORT 40,000

SUPPORTIVE HOUSING PROVIDERS ASSOCIATION

6 LAWRENCE SQUARE
SPRINGFIELD,IL62704 		  PC GENERAL OPERATING SUPPORT 25,000

TARGET AREA DEVELOPMENT CORPORATION

1542 W 79TH ST
CHICAGO,IL60620 		  PC GENERAL OPERATING SUPPORT 25,000

TRANSFORMATIVE JUSTICE LAW PROJECT OF ILLINOIS

203 N LA SALLE ST SUITE 2100
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 35,000

UNITED CONGRESS OF COMMUNITY AND RELIGIOUS ORGANIZATIONS

2744 W 63RD ST
CHICAGO,IL60629 		  PC GENERAL OPERATING SUPPORT 20,000

WAREHOUSE WORKERS FOR JUSTICE

37 S ASHLAND 1ST FLOOR
CHICAGO,IL60607 		  PC GENERAL OPERATING SUPPORT 50,000

WOMEN EMPLOYED

65 E WACKER PL SUITE 1500
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 35,000

WOODSTOCK INSTITUTE

67 E MADISON ST SUITE 2108
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 45,000

WORKERS CENTER FOR RACIAL JUSTICE

2929 S WABASH SUITE 203
CHICAGO,IL60616 		  PC GENERAL OPERATING SUPPORT 50,000

AIDS FOUNDATION CHICAGO

200 W MONROE ST STE 1150
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 6,750

ASSATA'S DAUGHTERS

235 E 58TH ST
CHICAGO,IL60637 		  PC GENERAL OPERATING SUPPORT 35,000

BLACK WORKERS MATTER

932 N LOCKWOOD AVE
CHICAGO,IL60651 		  PC GENERAL OPERATING SUPPORT 40,000

BREAKIN IT DOWN (MUJERES LATINAS EN ACCION'S CONFERENCE)

2124 W 21ST PLACE
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 5,000

CENTRO DE TRABAJADORES UNIDOS UNITED WORKERS' CENTER

10638 S EWING AVE APT 1
CHICAGO,IL60617 		  PC GENERAL OPERATING SUPPORT 50,000

CHICAGO FREEDOM SCHOOL

719 S STATE STREET UNIT 300
CHICAGO,IL60605 		  PC GENERAL OPERATING SUPPORT 35,000

CHICAGO TORTURE JUSTICE CENTER

815 W 63RD ST FL 4
CHICAGO,IL60621 		  PC GENERAL OPERATING SUPPORT 35,000

COALITION FOR SPIRITUAL AND PUBLIC LEADERSHIP NFP

EISENHOWER TOWER 1701 S 1ST AVENUE
407
MAYWOOD,IL60153 		  PC GENERAL OPERATING SUPPORT 35,000

DISSENTERS

6621 LAKEWOOD AVE APT 1E
CHICAGO,IL60626 		  PC GENERAL OPERATING SUPPORT 35,000

GOODKIDS MADCITY ENGLEWOOD

2050 W 59TH ST
CHICAGO,IL60636 		  PC GENERAL OPERATING SUPPORT 35,000

HANA CENTER

4300 N CALIFORNIA AVE
CHICAGO,IL60618 		  PC GENERAL OPERATING SUPPORT 51,000

HEARTLAND ALLIANCE

208 S LASALLE ST STE 1300
CHICAGO,IL60604 		  PC GENERAL OPERATING SUPPORT 30,000

ILLINOIS BLACK ADVOCACY INITIATIVE

200 WEST MADISON STREET 2ND FLOOR
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 35,000

JUVENILE JUSTICE INITIATIVE

518 DAVIS STREET STE 211
EVANSTON,IL60201 		  PC GENERAL OPERATING SUPPORT 35,000

LOVE AND PROTECT

4850 N BROADWAY PO BOX 409155
CHICAGO,IL60640 		  PC GENERAL OPERATING SUPPORT 10,000

LUCY PARSONS LABS

332 S MICHIGAN AVENUE
CHICAGO,IL60604 		  PC GENERAL OPERATING SUPPORT 35,000

MARGUERITE CASEY FOUNDATION

1425 4TH AVENUE SUITE 900
SEATTLE,WA981012222 		  PC GENERAL OPERATING SUPPORT 10,000

MUSLIMS FOR JUST FUTURES (FISCAL SPONSOR DEFENDING RIGHTS AND DISSENT INC)

1325 G ST NW STE 500
WASHINGTON,DC20005 		  PC GENERAL OPERATING SUPPORT 35,000

NORTHWESTERN PRITZKER SCHOOL OF LAW BLUHM LEGAL CLINIC CHILDREN AND FAMILY

357 E CHICAGO AVENUE
CHICAGO,IL606113069 		  PC GENERAL OPERATING SUPPORT 35,000

NOT ME WE (FISCAL SPONSOR SOUTHSIDE TOGETHER ORGANIZING FOR POWER)

602 E 61ST STREET
CHICAGO,IL606372508 		  PC GENERAL OPERATING SUPPORT 45,000

OPEN COLLECTIVE FOUNDATION AKA PATHS (FISCAL SPONSOR THE PRAXIS PROJECT)

PO BOX 7259
OAKLAND,CA94601 		  PC GENERAL OPERATING SUPPORT 100,000

ORGANIZING NEIGHBORHOODS FOR EQUALITY NORTHSIDE

4648 N RACINE AVE
CHICAGO,IL60640 		  PC GENERAL OPERATING SUPPORT 55,000

RAISE THE FLOOR ALLIANCE

1 N LA SALLE STREET SUITE 1275
CHICAGO,IL60602 		  PC GENERAL OPERATING SUPPORT 10,000

SHRIVER CENTER ON POVERTY LAW

67 E MADISON ST STE 2000
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 40,000

SOUTH ASIAN AMERICAN POLICY & RESEARCH INSTITUTE

4350 N BROADWAY ST STE 2
CHICAGO,IL606136043 		  PC GENERAL OPERATING SUPPORT 15,000

THE #LETUSBREATHE COLLECTIVE (FISCAL SPONSOR CENTER FOR THIRD WORD ORGANIZI

1434 W 51ST STREET
CHICAGO,IL606094926 		  PC GENERAL OPERATING SUPPORT 3,000

THE BLACK ABOLITIONIST NETWORK

1714 FRANKLIN ST STE 100245
OAKLAND,CA946123488 		  PC GENERAL OPERATING SUPPORT 45,000

THE CHICAGO COMMUNITY FOUNDATION

225 N MICHIGAN AVENUE SUITE 2200
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 75,000

THE CHICAGO COMMUNITY TRUST

225 N MICHIGAN AVE STE 2200
CHICAGO,IL606017672 		  PC GENERAL OPERATING SUPPORT 130,000

THE FINAL 5 CAMPAIGN (FISCAL SPONSOR SOCIAL AND ENVIRONMENTAL ENTREPRENEURS

23564 CALABASAS RD STE 201
CALABASAS,CA91302 		  PC GENERAL OPERATING SUPPORT 35,000

THE PEOPLE'S LOBBY EDUCATION INSTITUTE

1659 W HUBBARD ST
CHICAGO,IL606226352 		  PC GENERAL OPERATING SUPPORT 25,000

THE RESURRECTION PROJECT

1805 S PAULINA ST
CHICAGO,IL606082718 		  PC GENERAL OPERATING SUPPORT 10,000

TRUTH RACIAL HEALING AND TRANSFORMATION (TRHT) CHICAGO (FS THE CHICAGO COMM

225 N MICHIGAN AVE STE 2200
CHICAGO,IL606017672 		  PC GENERAL OPERATING SUPPORT 35,000

UNITED WORKING FAMILIES (FS CHILDREN AND TEACHERS FOUNDATION OF THE CHICAGO

2229 S HALSTED ST
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 40,000

WESTSIDE RISING (FISCAL SPONSOR BUILD CHICAGO)

5100 W HARRISON
CHICAGO,IL60644 		  PC GENERAL OPERATING SUPPORT 50,000
Total .................................right arrow 3a 4,331,750
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 86,104  
4 Dividends and interest from securities ....     14 621,830  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,676,818  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,384,752 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,384,752
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT AND TAX RETURN PREPARATION FEES 39,595 0   39,595

TY 2023 DistributionFromCorpusElection
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Election:
PURSUANT TO IRC 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OF CORPUS.

TY 2023 InvestmentsOtherSchedule2
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABERDEEN REAL ASSET PARTNERS, L.P. (FLAG) AT COST 0 9,602
BLACKROCK STRATEGIC INCOME OPPORTUNITIES FUND FMV 6,043,411 5,700,841
BROWN CAPITAL SMALL COMPANY GROWTH FUND FMV 128,586 593,109
CBRE STRATEGIC PARTNERS U.S. VALUE 7, L.P. FMV 0 611
GQG PARTNERS INTERNATIONAL OPPORTUNITIES FUND FMV 3,712,666 4,153,291
GROSVENOR SPECTRUM MASTER FUND, LTD. FMV 7,218,799 9,524,020
HARBOR SMALL CAP VALUE FUND FMV 812,294 971,273
HIGHVISTA INTERNATIONAL PARTNERS, L.P. AT COST 0 117,431
HIGHVISTA U.S. PRIVATE EQUITY III, L.P. AT COST 0 235,953
MONDRIAN EMERGING MARKETS EQUITY FUND FMV 1,021,889 1,092,196
OAKTREE REAL ESTATE DEBT FUND II FMV 1,443,228 1,535,152
OBVIOUS VENTURES III, L.P. AT COST 2,398,909 3,742,903
PARNASSUS EQUITY INCOME FUND AT COST 2,335,491 3,108,208
PRIVATE EQUITY CORE FUND II FMV 0 38,093
PRIVATE EQUITY CORE FUND III AT COST 0 256,492
RREEF AMERICA REIT II AT COST 4,226,873 5,925,793
SSGA MSCI EAFE INDEX FMV 1,470,426 1,549,837
SSGA S&P 500 INDEX FUND FMV 1,929,847 2,031,746
SSGA U.S. TIPS INDEX FUND FMV 5,430,184 6,746,924
TANGIBLE ASSET PROGRAM FMV 1,759,320 2,418,829
WARBURG PINCUS GLOBAL GROWTH, L.P. AT COST 4,493,225 6,737,595
WARBURG PINCUS PRIVATE EQUITY XII, L.P. AT COST 0 4,499,638

TY 2023 LegalFeesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,040 0   3,040


TY 2023 OtherExpensesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMPUTER RELATED EXPENSES 68,244 0   68,244
PROFESSIONAL DEVELOPMENT 58,837 0   58,837
MISCELLANEOUS 6 0   6
INSURANCE 8,557 0   8,557
BOARD 58,265 0   58,265
MEMBERSHIPS & SUBSCRIPTIONS 8,174 0   8,174
GRANTEE SUPPORT 234,732 0   234,732


TY 2023 OtherIncomeSchedule2
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ABERDEEN REAL ASSETS PARTNERS, LP   -942  
HIGHVISTA U.S. PRIVATE EQUITY III, LP   7,623  
HIGHVISTA INTERNATIONAL PARTNERS, LP   640  
PRIVATE EQUITY CORE FUND (QP) II, LP   -4,273  
PRIVATE EQUITY CORE FUND (QP) III, LP   -10,204  
WARBURG PINCUS PRIVATE EQUITY XII, L.P.   -24,223  
WARBURG PINCUS PRIVATE EQUITY XII (INTERNATIONAL), LP   -29  
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (B), L.P.   9,028  
WARBURG PINCUS PRIVATE EQUITY (E&P) XII MAIN-2, L.P.   6,468  
WARBURG PINCUS GLOBAL GROWTH, L.P.   -56,901  
WARBURG PINCUS GLOBAL GROWTH (E&P)-2, L.P.   1,625  
MONDRIAN EMERGING MARKETS EQUITY FUND, L.P.   -3,639  
OAKTREE REAL ESTATE DEBT FUND II, LP   113,895  
OBVIOUS VENTURES III, L.P.   -60,114  


TY 2023 OtherProfessionalFeesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 144,891 144,891   0
COMPUTER CONSULTANT FEES 16,145 0   16,145
CONSULTANT FEES RELATED TO ADMINISTRATION 7,820 0   7,820
PROFESSIONAL FEES: OUTSIDE SERVICES 29,959 0   25,959
ANNUAL REPORT 50,511 0   50,511


TY 2023 TaxesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE UBIT 229 0   0
ESTIMATED FEDERAL EXCISE TAX 90,000 0   0
ESTIMATED FEDERAL UBIT 8,000 0   0