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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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) 600-0948
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$57,921,046J 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 148,548 148,548  
4 Dividends and interest from securities... 558,270 558,270  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,465,905
b Gross sales price for all assets on line 6a 8,784,330
7 Capital gain net income (from Part IV, line 2)... 2,769,343
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
0 634,711  
12 Total. Add lines 1 through 11........ 3,172,723 4,110,872  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 423,580 0   423,580
14 Other employee salaries and wages...... 977,659 0   977,659
15 Pension plans, employee benefits....... 299,107 0   299,107
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
31,291 0   31,291
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
45,109 0   45,109
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
519,951 199,760   320,191
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,092 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 140,812 0   140,812
21 Travel, conferences, and meetings....... 30,616 0   30,616
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
570,815 0   570,815
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,042,032 199,760   2,839,180
25 Contributions, gifts, grants paid....... 5,573,000 5,573,000
26 Total expenses and disbursements. Add lines 24 and 25 8,615,032 199,760   8,412,180
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,442,309
b Net investment income (if negative, enter -0-) 3,911,112
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 1,308,472 1,404,866 1,404,866
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).......... 44,425,148 Click to see attachment
List of Attached Documents:
// Content
38,886,445 		56,516,180
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) 45,733,620 40,291,311 57,921,046
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........ 141,498,021 143,967,768
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -95,764,401 -103,676,457
29 Total net assets or fund balances (see instructions)..... 45,733,620 40,291,311
30 Total liabilities and net assets/fund balances (see instructions). 45,733,620 40,291,311
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
45,733,620
2
Enter amount from Part I, line 27a .....................
2
-5,442,309
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
40,291,311
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
40,291,311
Form 990-PF (2024)
Form 990-PF (2024)
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 1997-04-01 2024-05-01
b MFO BROWN CAP MGMT MUT FDS P 2024-09-18 2024-10-30
c CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2024-01-09
d CF MONDRIAN EMERGING MARKETS EQUITY P 2005-08-31 2024-02-09
e MFO BLACKROCK FDS V STRATEGIC INCOME OPPORTUNITIES PORT CL K P 2014-03-06 2024-05-01
MFO GOLDMAN SACHS TRUST II GQG PARTNERS INTL OPPORTUNITIES FD CL R6 P 2020-12-11 2024-05-01
MFO GOLDMAN SACHS TRUST II GQG PARTNERS INTL OPPORTUNITIES FD CL R6 P 2020-12-11 2024-09-19
MFO GOLDMAN SACHS TRUST II GQG PARTNERS INTL OPPORTUNITIES FD CL R6 P 2020-12-11 2024-11-20
CF SSGA US TIPS INDEX NL QP CTF (CMY5) FUND P 2014-03-06 2024-06-26
CF SSGA US TIPS INDEX NL QP CTF (CMY5) FUND P 2014-03-06 2024-09-11
CF SSGA US TIPS INDEX NL QP CTF (CMY5) FUND P 2014-03-06 2024-09-16
CF SSGA US TIPS INDEX NL QP CTF (CMY5) FUND P 2014-03-06 2024-12-13
CF RREEF AMERICA REIT II P 2014-10-01 2024-02-07
CF RREEF AMERICA REIT II P 2014-10-01 2024-05-03
CF RREEF AMERICA REIT II P 2014-10-01 2024-08-01
CF RREEF AMERICA REIT II P 2014-10-01 2024-11-04
MFO HARBOR FDS SMAL CAP P 2020-09-14 2024-05-01
MFO HARBOR FDS SMAL CAP P 2024-09-18 2024-10-30
MFO HARBOR FDS SMAL CAP P 2020-09-14 2024-11-20
MFO PARNASSUS EQTY INC FD-INS P 2014-12-23 2024-05-01
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2023-11-21 2024-06-21
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2023-11-21 2024-06-26
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2024-07-15 2024-09-16
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2024-07-15 2024-11-04
CF SSGA S&P 500 (R) INDEX NL CM10CTF P 2024-07-15 2024-11-21
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2023-11-29 2024-02-22
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2023-11-29 2024-05-03
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2024-07-15 2024-09-10
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2024-07-15 2024-11-04
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2024-07-15 2024-12-05
MFO BROWN CAP MGMT MUT FDS P 2024-01-01 2024-12-31
MFO PARNASSUS EQTY INC FD-INS P 2024-01-01 2024-12-31
CF SSGA MSCI EAFE INDX NL QP CTF (ECTF ) FUND P 2024-01-01 2024-12-31
ABERDEEN PRIVATE EQUITY III, L.P. P 2024-01-01 2024-12-31
ABERDEEN INTERNATIONAL PARTNERS, L.P. P 2024-01-01 2024-12-31
ABERDEEN REAL ESTATE PARTNERS, L.P. P 2024-01-01 2024-12-31
CBRE STRATEGIC PARTNERS U.S. VALUE 7 P 2024-01-01 2024-12-31
FRONTIER P 2024-01-01 2024-12-31
PRIVATE EQUITY CORE FUND III P 2024-01-01 2024-12-31
WARBURG PINCUS PRIV EQUITY XII P 2024-01-01 2024-12-31
HIGHVISTA U.S. PRIVATE EQUITY III, LP P 2024-01-01 2024-12-31
HIGHVISTA U.S. PRIVATE EQUITY III, LP P 2023-01-01 2024-12-31
HIGHVISTA INTERNATIONAL PARTNERS, LP P 2023-01-01 2024-12-31
PRIVATE EQUITY CORE FUND (QP) II, LP P 2023-01-01 2024-12-31
PRIVATE EQUITY CORE FUND (QP) III, LP P 2024-01-01 2024-12-31
PRIVATE EQUITY CORE FUND (QP) III, LP P 2023-01-01 2024-12-31
WARBURG PINCUS PRIVATE EQUITY XII, L.P. P 2023-01-01 2024-12-31
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (B), L.P. P 2024-01-01 2024-12-31
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (B), L.P. P 2023-01-01 2024-12-31
WARBURG PINCUS GLOBAL GROWTH, L.P. P 2023-01-01 2024-12-31
OBVIOUS VENTURES III, L.P. P 2023-01-01 2024-12-31
(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 100,000   25,567 74,433
b 25,000   24,219 781
c 2,525   2,562 -37
d 1,092,196   1,021,852 70,344
e 300,000   328,816 -28,816
1,500,000   1,233,977 266,023
450,000   343,135 106,865
100,000   81,009 18,991
216   172 44
250,000   194,012 55,988
218   169 49
220   171 49
10,125   7,665 2,460
9,633   7,263 2,370
9,502   7,230 2,272
9,399   7,263 2,136
200,000   191,764 8,236
25,000   24,575 425
50,000   37,634 12,366
1,000,000   751,136 248,864
3   2 1
12   10 2
14   15 -1
350,000   336,730 13,270
400,000   378,228 21,772
350,000   329,914 20,086
200,000   184,952 15,048
100,000   99,022 978
150,000   149,560 440
100,000   102,615 -2,615
190,348     190,348
258,268     258,268
102,436     102,436
127,728     127,728
8,539     8,539
9,035     9,035
314     314
3,839     3,839
72,481     72,481
780,093     780,093
8     8
84,899     84,899
6,528   6,528 0
77,135   77,135 0
139     139
25,736   25,736 0
182,126     182,126
1,915     1,915
34,349   34,349 0
18,981     18,981
15,370     15,370
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       74,433
b       781
c       -37
d       70,344
e       -28,816
      266,023
      106,865
      18,991
      44
      55,988
      49
      49
      2,460
      2,370
      2,272
      2,136
      8,236
      425
      12,366
      248,864
      1
      2
      -1
      13,270
      21,772
      20,086
      15,048
      978
      440
      -2,615
      190,348
      258,268
      102,436
      127,728
      8,539
      9,035
      314
      3,839
      72,481
      780,093
      8
      84,899
      0
      0
      139
      0
      182,126
      1,915
      0
      18,981
      15,370
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 2,769,343
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 54,364
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 54,364
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 54,364
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 68,000
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 68,000
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 13,636
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow13,636 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 		2,800 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 		272,744 33,126 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
DEBORAH D CLARK ASST. SECRETARY, GRANTS & OPS MANAGER
40.00 		131,036 31,877 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
JOSE OLIVA DIRECTOR
1.00 		5,000 0 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
QUINN RALLINS DIRECTOR
1.00 		2,000 0 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
CAROLINE MCCOY VP OF PROGRAMS
40.00 		340,107 17,172 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
WEI ANITON VP OF FINANCE
40.00 		216,172 35,923 0
201 W MADISON ST 3RD FLOOR
CHICAGO,IL60607
IRENE JUANIZA PROGRAM OFFICER
40.00 		190,917 32,411 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
ANDREA ORTEZ PROGRAM OFFICER
40.00 		125,073 42,021 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
MARIE BAHATI PROGRAM OFFICER
40.00 		125,190 20,862 0
200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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
CLIFFORD FINANCIAL CONSULTING INC OUTSOURCED CFO 84,952
5237 N GLENWOOD AVENUE
CHICAGO,IL60640
LIGHTPATH OM LLC DBA STRUT AGENCY COMMUNICATIONS SERVICES 77,920
3940 LAUREL CANYON BLVD 402
STUDIO CITY,CA91604
SARAH SOMMERS DESIGN COMMUNICATIONS SERVICES 54,465
1313 W WINONA ST
CHICAGO,IL60640
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 (2024)
Form 990-PF (2024)
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
32,669,447
b
Average of monthly cash balances.......................
1b
2,927,758
c
Fair market value of all other assets (see instructions)................
1c
24,683,509
d
Total (add lines 1a, b, and c).........................
1d
60,280,714
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
60,280,714
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
904,211
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
59,376,503
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,968,825
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
2,968,825
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
54,364
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
1,780
c
Add lines 2a and 2b............................
2c
56,144
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,912,681
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,912,681
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
2,912,681
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
8,412,180
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
8,412,180
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 2,912,681
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 513,801
b From 2020...... 1,692,190
c From 2021...... 1,442,001
d From 2022...... 1,992,097
e From 2023...... 3,418,794
f Total of lines 3a through e ........ 9,058,883
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 8,412,180
a Applied to 2023, 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 2024 distributable amount..... 2,912,681
e Remaining amount distributed out of corpus 5,499,499
5 Excess distributions carryover applied to 2024. 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 14,558,382
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		513,801
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		14,044,581
10 Analysis of line 9:
a Excess from 2020.... 1,692,190
b Excess from 2021.... 1,442,001
c Excess from 2022.... 1,992,097
d Excess from 2023.... 3,418,794
e Excess from 2024.... 5,499,499
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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) 600-0948
bThe form in which applications should be submitted and information and materials they should include:
SEE OUR WEBSITE HTTPS://WWW.WOODSFUND.ORG/OUR-GRANTS FOR FORMS AND MATERIALS
cAny submission deadlines:
APPLICATIONS OPEN FOR ONE MONTH ANNUALLY IN FEBRUARY WITH GRANTS ANNOUNCED IN JULY.
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 (2024)
Form 990-PF (2024)
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 STE 104
CHICAGO,IL606476905 		  PC GENERAL OPERATING SUPPORT 50,000

AIDS FOUNDATION CHICAGO

200 W MONROE ST STE 1150
CHICAGO,IL606065036 		  PC GENERAL OPERATING SUPPORT 5,000

ALIANZA LEADERSHIP INSTITUTE DBA ALLIANCE OF THE SOUTHEAST

8944 S COMMERCIAL AVENUE
CHICAGO,IL60617 		  PC GENERAL OPERATING SUPPORT 50,000

ALLIANCE OF FILIPINOS FOR IMMIGRANT RIGHTS AND EMPOWERMENT

4300 N CALIFORNIA AVE
CHICAGO,IL606181514 		  PC GENERAL OPERATING SUPPORT 50,000

AMPT ADVANCING NONPROFITS

600 WEST CERMAK ROAD
CHICAGO,IL60616 		  PC GENERAL OPERATING SUPPORT 10,000

APNA GHAR INC

4350 N BROADWAY ST STE 2
CHICAGO,IL606136043 		  PC GENERAL OPERATING SUPPORT 50,000

ARAB AMERICAN ACTION NETWORK

3148 W 63RD ST FL 2
CHICAGO,IL606292750 		  PC GENERAL OPERATING SUPPORT 50,000

ARAB FUTURES HEALING AND LIBERATION NETWORK

436 14TH STREET 5TH FLOOR
OAKLAND,CA94612 		  PC GENERAL OPERATING SUPPORT 20,000

ARISE CHICAGO

1700 W HUBBARD ST STE 2E
CHICAGO,IL606226250 		  PC GENERAL OPERATING SUPPORT 60,000

ASIAN AMERICAN INSTITUTE DBA ASIAN AMERICANS ADVANCING JUSTICE - CHICAGO

4753 N BROADWAY ST STE 502
CHICAGO,IL606404997 		  PC GENERAL OPERATING SUPPORT 50,000

BELIEVERS BAILOUT

200 WEST MADISON STREET 3RD FLOOR
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 30,000

BLACK ALLIANCE FOR JUST IMMIGRATION

1368 FULTON STREET
BROOKLYN,NY11216 		  PC GENERAL OPERATING SUPPORT 15,000

BLACK ROOTS ALLIANCE

5061 S PRAIRIE AVENUE C/O BRONZEVIL
E INCUBATOR
CHICAGO,IL60615 		  PC GENERAL OPERATING SUPPORT 90,000

BLOCKS TOGETHER

3711 W CHICAGO AVE
CHICAGO,IL606513821 		  PC GENERAL OPERATING SUPPORT 50,000

BRAVE SPACE ALLIANCE

1515 E 52ND PL
CHICAGO,IL606154390 		  PC GENERAL OPERATING SUPPORT 50,000

BREAKIN IT DOWN

C/O 2124 W21ST PLACE
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 5,000

BRIGHTON PARK NEIGHBORHOOD COUNCIL

4477 S ARCHER AVE
CHICAGO,IL606322845 		  PC GENERAL OPERATING SUPPORT 60,000

BUILDING COMMUNITY NOT PRISONS

1457 W SUNNYSIDE
CHICAGO,IL60640 		  PC GENERAL OPERATING SUPPORT 15,000

BYP100 EDUCATION FUND

PO BOX 15254
CHICAGO,IL606155143 		  PC GENERAL OPERATING SUPPORT 50,000

CABRINI-GREEN LEGAL AID CLINIC INC

6 S CLARK ST STE 200
CHICAGO,IL606031801 		  PC GENERAL OPERATING SUPPORT 50,000

CENTER FOR THIRD WORLD ORGANIZING

6621 LAKEWOOD AVE APT 1E
CHICAGO,IL60626 		  PC GENERAL OPERATING SUPPORT 50,000

CENTRO DE TRABAJADORES UNIDOS UNITED WORKERS' CENTER

10638 S EWING AVE APT 1
CHICAGO,IL606176618 		  PC GENERAL OPERATING SUPPORT 60,000

CHICAGO AFRICAN AMERICANS IN PHILANTHROPY

200 WEST MADISON STREET CAAIP C/O
FOREFRONT
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 2,000

CHICAGO ALLIANCE AGAINST RACIST AND POLITICAL REPRESSION

6353 S COTTAGE GROVE AVE
CHICAGO,IL60637 		  PC GENERAL OPERATING SUPPORT 10,000

CHICAGO AMERICAN INDIAN COMMUNITY COLLABORATIVE

3545 N WHIPPLE ST
CHICAGO,IL606185613 		  PC GENERAL OPERATING SUPPORT 50,000

CHICAGO COALITION FOR THE HOMELESS

70 E LAKE ST STE 720
CHICAGO,IL606015963 		  PC GENERAL OPERATING SUPPORT 90,000

CHICAGO COMMUNITY AND WORKERS RIGHTS

2801 S HAMLIN AVE
CHICAGO,IL606234554 		  PC GENERAL OPERATING SUPPORT 60,000

CHICAGO COMMUNITY BOND FUND

601 S CALIFORNIA AVE
CHICAGO,IL606123305 		  PC GENERAL OPERATING SUPPORT 50,000

CHICAGO FOUNDATION FOR WOMEN

140 S DEARBORN STREET
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 10,000

CHICAGO FREEDOM SCHOOL

719 S STATE STREET
CHICAGO,IL60605 		  PC GENERAL OPERATING SUPPORT 60,000

CHICAGO JOBS COUNCIL

29 E MADISON ST
CHICAGO,IL60602 		  PC GENERAL OPERATING SUPPORT 35,000

CHICAGO JOBS WITH JUSTICE

333 S ASHLAND AVENUE
CHICAGO,IL60607 		  PC GENERAL OPERATING SUPPORT 35,000

CHICAGO TORTURE JUSTICE CENTER

815 W 63RD ST FL 4
CHICAGO,IL606211917 		  PC GENERAL OPERATING SUPPORT 60,000

CHICAGO UNITED FOR EQUITY

100 N LA SALLE ST STE 600
CHICAGO,IL606023550 		  PC GENERAL OPERATING SUPPORT 60,000

CHICAGO WORKERS' COLLABORATIVE

1914 S ASHLAND AVE
CHICAGO,IL606082904 		  PC GENERAL OPERATING SUPPORT 50,000

COALITION FOR SPIRITUAL AND PUBLIC LEADERSHIP NFP

EISENHOWER TOWER
MAYWOOD,IL60153 		  PC GENERAL OPERATING SUPPORT 60,000

COMMUNITIES UNITED

4749 N KEDZIE AVE
CHICAGO,IL606256889 		  PC GENERAL OPERATING SUPPORT 60,000

COMMUNITY ORGANIZING AND FAMILY ISSUES

2245 S MICHIGAN AVE STE 200
CHICAGO,IL606162126 		  PC GENERAL OPERATING SUPPORT 50,000

COMMUNITY RENEWAL SOCIETY

111 W JACKSON BLVD STE 820
CHICAGO,IL606044128 		  PC GENERAL OPERATING SUPPORT 50,000

CROSSROADS FUND

3411 W DIVERSEY AVE STE 20
CHICAGO,IL606471281 		  PC GENERAL OPERATING SUPPORT 170,000

DISSENTERS

6621 LAKEWOOD AVE APT 1E
CHICAGO,IL60626 		  PC GENERAL OPERATING SUPPORT 30,000

EASTLAKE TENANTS UNION

7656 S ESSEX AVE APT 1
CHICAGO,IL606496008 		  PC GENERAL OPERATING SUPPORT 35,000

ENLACE CHICAGO

2756 S HARDING AVE
CHICAGO,IL606234407 		  PC GENERAL OPERATING SUPPORT 51,000

EQUITY AND TRANSFORMATION

10 W 35TH ST FL 9
CHICAGO,IL606163717 		  PC GENERAL OPERATING SUPPORT 50,000

FAITH IN PLACE

5416 S CORNELL AVENUE
CHICAGO,IL60615 		  PC GENERAL OPERATING SUPPORT 50,000

FIRST DEFENSE LEGAL AID

601 S CALIFORNIA AVE
CHICAGO,IL606123305 		  PC GENERAL OPERATING SUPPORT 50,000

FOREFRONT

200 WEST MADISON STREET 2ND FLOOR
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 50,000

FUNDERS COLLABORATIVE ON YOUTH ORGANIZING (FCYO)

330 7TH AVENUE
NEW YORK,NY10001 		  PC GENERAL OPERATING SUPPORT 30,000

GET TO WORK ILLINOIS INC

932 N LOCKWOOD AVE
CHICAGO,IL606512818 		  PC GENERAL OPERATING SUPPORT 50,000

GOODKIDS MADCITY ENGLEWOOD

2050 W 59TH ST
CHICAGO,IL606361531 		  PC GENERAL OPERATING SUPPORT 60,000

GRASSROOTS COLLABORATIVE

637 S DEARBORN ST FL 3
CHICAGO,IL606051936 		  PC GENERAL OPERATING SUPPORT 50,000

HANA CENTER

4300 N CALIFORNIA AVE
CHICAGO,IL606181514 		  PC GENERAL OPERATING SUPPORT 120,000

HEALING TO ACTION

332 S MICHIGAN AVE STE 1032
CHICAGO,IL606044366 		  PC GENERAL OPERATING SUPPORT 60,000

HOUSING ACTION ILLINOIS

67 E MADISON ST STE 1603
CHICAGO,IL606033062 		  PC GENERAL OPERATING SUPPORT 50,000

ILLINOIS BLACK ADVOCACY INITIATIVE

200 WEST MADISON STREET 2ND FLOOR
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 10,000

ILLINOIS CAUCUS FOR ADOLESCENT HEALTH

719 S STATE ST FL 4
CHICAGO,IL606052540 		  PC GENERAL OPERATING SUPPORT 50,000

ILLINOIS COALITION FOR IMMIGRANT & REFUGEE RIGHTS

228 S WABASH AVE STE 800
CHICAGO,IL606042373 		  PC GENERAL OPERATING SUPPORT 50,000

ILLINOIS COALITION TO END PERMANENT PUNISHMENTS

2150 S CANALPORT AVE UNIT 2A-4
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 35,000

IMMIGRANT SOLIDARITY DUPAGE

311 S NAPERVILLE RD SUITE C
WHEATON,IL60187 		  PC GENERAL OPERATING SUPPORT 50,000

IMPACT FOR EQUITY (FORMERLY BPI CHICAGO)

25 E WASHINGTON ST STE 1515
CHICAGO,IL606021852 		  PC GENERAL OPERATING SUPPORT 5,000

INNER-CITY MUSLIM ACTION NETWORK

2744 W 63RD ST
CHICAGO,IL606292343 		  PC GENERAL OPERATING SUPPORT 35,000

JANE ADDAMS SENIOR CAUCUS-CURRENT

1343 WEST IRVING PARK ROAD
CHICAGO,IL60613 		  PC GENERAL OPERATING SUPPORT 35,000

JOURNEY FOR JUSTICE ALLIANCE

4242 S COTTAGE GROVE AVE
CHICAGO,IL60653 		  PC GENERAL OPERATING SUPPORT 10,000

JUVENILE JUSTICE INITIATIVE

518 DAVIS ST STE 211
EVANSTON,IL602014624 		  PC GENERAL OPERATING SUPPORT 50,000

KENWOOD OAKLAND COMMUNITY ORGANIZATION

4242 S COTTAGE GROVE AVE
CHICAGO,IL606532908 		  PC GENERAL OPERATING SUPPORT 100,000

LATINO POLICY FORUM

180 N MICHIGAN AVE STE 1250
CHICAGO,IL606017464 		  PC GENERAL OPERATING SUPPORT 50,000

LATINO UNION INC AKA LATINO UNION OF CHICAGO

4811 N CENTRAL PARK AVE
CHICAGO,IL606255603 		  PC GENERAL OPERATING SUPPORT 60,000

LAWNDALE CHRISTIAN DEVELOPMENT CORPORATION

3843 W OGDEN AVE
CHICAGO,IL606232459 		  PC GENERAL OPERATING SUPPORT 50,000

LIDERAMOS- THE NATIONAL ALLIANCE OF LATINO LEADERSHIP

14085 IVANHOE COURT
THORNTON,CO80602 		  PC GENERAL OPERATING SUPPORT 5,000

LITTLE VILLAGE ENVIRONMENTAL JUSTICE ORGANIZATION

2445 S SPAULDING AVE
CHICAGO,IL606234018 		  PC GENERAL OPERATING SUPPORT 50,000

LIVE FREE CHICAGO DBA LIVE FREE ILLINOIS

4445 S KING DR
CHICAGO,IL606535069 		  PC GENERAL OPERATING SUPPORT 50,000

LOGAN SQUARE NEIGHBORHOOD ASSOCIATION DBA PALENQUE LSNA

2840 N MILWAUKEE AVE
CHICAGO,IL606187401 		  PC GENERAL OPERATING SUPPORT 60,000

LUCY PARSONS LABS-CURRENT

332 S MICHIGAN AVE
CHICAGO,IL606044434 		  PC GENERAL OPERATING SUPPORT 60,000

LUGENIA BURNS HOPE CENTER

710 E 47TH ST STE 200W
CHICAGO,IL606530129 		  PC GENERAL OPERATING SUPPORT 50,000

UNITED CONGRESS OF COMMUNITY AND RELIGIOUS ORGANIZATIONS

2532 W WARREN BLVD
CHICAGO,IL606122124 		  PC GENERAL OPERATING SUPPORT 20,000

METROPOLIS STRATEGIES NFP DBA ILLINOIS JUSTICE PROJECT

21 S CLARK ST STE 4301
CHICAGO,IL606032022 		  PC GENERAL OPERATING SUPPORT 50,000

MICHAEL REESE HEALTH TRUST

200 W MADISON ST STE 300
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 25,000

MOVEMENT BUILDING PATHS

548 MARKET STREET PMB 87527
SAN FRANCISCO,CA94104 		  PC GENERAL OPERATING SUPPORT 150,000

MUJERES LATINAS EN ACCION

2124 W 21ST PL
CHICAGO,IL606084010 		  PC GENERAL OPERATING SUPPORT 50,000

MUSLIMS FOR JUST FUTURES

200 WEST MADISON STREET 3RD FLOOR
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 60,000

NATIONAL LAWYERS GUILD

637 S DEARBORN STREET
CHICAGO,IL60605 		  PC GENERAL OPERATING SUPPORT 30,000

NEIGHBORHOOD FUNDERS GROUPFOR NEO PHILANTHROPY INC

436 14TH ST STE 425
OAKLAND,CA946122728 		  PC GENERAL OPERATING SUPPORT 30,000

NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION

800 W BUENA AVENUE
CHICAGO,IL60613 		  PC GENERAL OPERATING SUPPORT 50,000

NORTHWEST SIDE HOUSING CENTER DBA NORTHWEST CENTER

5233 W DIVERSEY AVE
CHICAGO,IL606391501 		  PC GENERAL OPERATING SUPPORT 50,000

NORTHWESTERN PRITZKER SCHOOL OF LAW BLUHM LEGAL CLINIC CHILDREN AND FAMILY

357 E CHICAGO AVE
CHICAGO,IL606113069 		  PC GENERAL OPERATING SUPPORT 50,000

ORGANIZED COMMUNITIES AGAINST DEPORTATIONS

4811 N CENTRAL PARK AVE
CHICAGO,IL606255603 		  PC GENERAL OPERATING SUPPORT 60,000

ORGANIZING NEIGHBORHOODS FOR EQUALITY NORTHSIDE

4648 N RACINE AVE
CHICAGO,IL606404906 		  PC GENERAL OPERATING SUPPORT 60,000

PASO-WEST SUBURBAN ACTION PROJECT

3415 W NORTH AVE STE D
MELROSE PARK,IL601601035 		  PC GENERAL OPERATING SUPPORT 50,000

PILSEN ALLIANCE

1744 W 18TH ST
CHICAGO,IL606082093 		  PC GENERAL OPERATING SUPPORT 60,000

PRISON NEIGHBORHOOD ARTSEDUCATION PROJECT

800 W BUENA AVENUE
CHICAGO,IL60613 		  PC GENERAL OPERATING SUPPORT 10,000

PROGRESS CENTER FOR INDEPENDENT LIVING

7521 MADISON ST
FOREST PARK,IL601301407 		  PC GENERAL OPERATING SUPPORT 50,000

RAISE YOUR HAND FOR ILLINOIS PUBLIC EDUCATION

73 W MONROE ST 320
CHICAGO,IL606034955 		  PC GENERAL OPERATING SUPPORT 50,000

REAL YOUTH INITIATIVE

333 S WABASH SUITE 2750
CHICAGO,IL60604 		  PC GENERAL OPERATING SUPPORT 30,000

RPCAN ALLIANCE FOR COMMUNITY SERVICES-CURRENT

37 S ASHLAND AVE
CHICAGO,IL60607 		  PC GENERAL OPERATING SUPPORT 35,000

SHRIVER CENTER ON POVERTY LAW

67 E MADISON ST STE 2000
CHICAGO,IL606033014 		  PC GENERAL OPERATING SUPPORT 50,000

SOAPBOX PRODUCTIONS AND ORGANIZING

1006 S MICHIGAN AVE 604
CHICAGO,IL60605 		  PC GENERAL OPERATING SUPPORT 10,000

SOCIAL AND ENVIRONMENTAL ENTREPRENEURS INC

23564 CALABASAS RD STE 201
CALABASAS,CA93102 		  PC GENERAL OPERATING SUPPORT 50,000

SOUTH ASIAN AMERICAN POLICY & RESEARCH INSTITUTE

4350 N BROADWAY ST STE 2
CHICAGO,IL606136043 		  PC GENERAL OPERATING SUPPORT 10,000

SOUTHSIDE TOGETHER ORGANIZING FOR POWER

602 E 61ST ST
CHICAGO,IL606372508 		  PC GENERAL OPERATING SUPPORT 120,000

SOUTHSIDERS ORGANIZED FOR UNITY AND LIBERATION

11211 S SAINT LAWRENCE AVE
CHICAGO,IL606284647 		  PC GENERAL OPERATING SUPPORT 60,000

SOUTHWEST ORGANIZING PROJECT

2558 W 63RD ST
CHICAGO,IL606291640 		  PC GENERAL OPERATING SUPPORT 50,000

SUPPORTIVE HOUSING PROVIDERS ASSOCIATION

6 LAWRENCE SQUARE
SPRINGFIELD,IL627042523 		  PC GENERAL OPERATING SUPPORT 50,000

SYLVIA WOODS JOSEPHINE WYATT AND CLARICE DURHAM MEMORIAL FOUNDATION LTD

1953 N CLYBOURN AVE
CHICAGO,IL60614 		  PC GENERAL OPERATING SUPPORT 30,000

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 30,000

THE FINAL 5 CAMPAIGN

200 WEST MADISON STREET 3RD FLOOR
CHICAGO,IL60606 		  PC GENERAL OPERATING SUPPORT 10,000

THE PEOPLE'S LOBBY EDUCATION INSTITUTE

1659 W HUBBARD ST
CHICAGO,IL606226352 		  PC GENERAL OPERATING SUPPORT 50,000

THE UNIVERSITY OF CHICAGO SOCIAL SCIENCES DIVISION

5720 S WOODLAWN AVENUE
CHICAGO,IL60637 		  PC GENERAL OPERATING SUPPORT 10,000

TRANSFORMATIVE JUSTICE LAW PROJECT OF ILLINOIS

203 N LA SALLE ST STE 2100
CHICAGO,IL606011226 		  PC GENERAL OPERATING SUPPORT 60,000

TRUTH RACIAL HEALING AND TRANSFORMATION (TRHT) CHICAGO

33 S STATE STREET
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 60,000

UJIMAA MEDICS

818 E 63RD ST 195
CHICAGO,IL606373518 		  PC GENERAL OPERATING SUPPORT 10,000

UNITED AFRICAN ORGANIZATION

4910 S KING DR FL 1
CHICAGO,IL606152306 		  PC GENERAL OPERATING SUPPORT 30,000

UNIVERSITY OF ILLINOIS DEPARTMENT OF GENDER AND WOMEN'S STUDIES

1200 WEST HARRISON ST
CHICAGO,IL60607 		  PC GENERAL OPERATING SUPPORT 15,000

VIETNAMESE ASSOCIATION OF ILLINOIS

5110 N BROADWAY ST
CHICAGO,IL606403004 		  PC GENERAL OPERATING SUPPORT 30,000

WAREHOUSE WORKERS FOR JUSTICE

37 S ASHLAND AVE FL 1
CHICAGO,IL606071805 		  PC GENERAL OPERATING SUPPORT 50,000

WESTSIDE RISING

5100 W HARRISON
CHICAGO,IL60644 		  PC GENERAL OPERATING SUPPORT 60,000

WOMEN EMPLOYED

67 E MADISON STREET
CHICAGO,IL60603 		  PC GENERAL OPERATING SUPPORT 50,000

WOODSTOCK INSTITUTE

67 E MADISON ST STE 2108
CHICAGO,IL606033010 		  PC GENERAL OPERATING SUPPORT 60,000

WORKERS CENTER FOR RACIAL JUSTICE

2243-2245 E 71ST ST
CHICAGO,IL60649 		  PC GENERAL OPERATING SUPPORT 55,000

WORKING FAMILY SOLIDARITY-CURRENT

1857 W 19TH ST
CHICAGO,IL60608 		  PC GENERAL OPERATING SUPPORT 35,000
Total .................................right arrow 3a 5,573,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ........... 		    14 148,548  
4 Dividends and interest from securities ....     14 558,270  
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 2,465,905  
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 3,172,723 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,172,723
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 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 45,109 0   45,109

TY 2024 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 2024 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 INTERNATIONAL PARTNERS, L.P. AT COST 0 93,925
ABERDEEN U.S. PRIVATE EQUITY III, L.P. AT COST 0 8,024
BLACKROCK STRATEGIC INCOME OPPORTUNITIES FUND FMV 5,962,989 5,690,271
BROWN CAPITAL SMALL COMPANY GROWTH FUND FMV 304,139 542,915
GQG PARTNERS INTERNATIONAL OPPORTUNITIES FUND FMV 2,223,684 2,454,243
GROSVENOR SPECTRUM MASTER FUND, LTD. FMV 5,418,799 8,663,491
HARBOR SMALL CAP VALUE FUND FMV 599,022 818,462
OAKTREE REAL ESTATE DEBT FUND II FMV 1,433,643 1,343,688
OBVIOUS VENTURES III, L.P. AT COST 2,398,909 3,665,109
PARNASSUS EQUITY INCOME FUND AT COST 2,239,331 2,946,133
PRIVATE EQUITY CORE FUND II FMV 0 22,652
PRIVATE EQUITY CORE FUND III AT COST 0 127,393
RREEF AMERICA REIT II AT COST 4,197,453 5,668,790
SSGA MSCI EAFE INDEX FMV 1,214,721 1,316,076
SSGA S&P 500 INDEX FUND FMV 2,354,861 2,991,167
SSGA U.S. TIPS INDEX FUND FMV 5,435,660 6,833,433
TANGIBLE ASSET PROGRAM FMV 1,759,320 2,552,305
WARBURG PINCUS GLOBAL GROWTH, L.P. AT COST 3,343,914 6,761,001
WARBURG PINCUS PRIVATE EQUITY XII, L.P. AT COST 0 4,017,102

TY 2024 LegalFeesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 31,291 0   31,291


TY 2024 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 45,064 0   45,064
PROFESSIONAL DEVELOPMENT 82,426 0   82,426
INSURANCE 25,130 0   25,130
BOARD 79,811 0   79,811
GRANTEE SUPPORT 326,375 0   326,375
MEMBERSHIPS & SUBSCRIPTIONS 12,009 0   12,009


TY 2024 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   -519  
HIGHVISTA U.S. PRIVATE EQUITY III, LP   18,648  
HIGHVISTA INTERNATIONAL PARTNERS, LP   -12,782  
PRIVATE EQUITY CORE FUND (QP) II, LP   -4,492  
PRIVATE EQUITY CORE FUND (QP) III, LP   -10,082  
WARBURG PINCUS PRIVATE EQUITY XII, L.P.   -20,549  
WARBURG PINCUS PRIVATE EQUITY XII (INTERNATIONAL), LP   -4  
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (B), L.P.   2,223  
WARBURG PINCUS PRIVATE EQUITY (E&P) XII MAIN-2, L.P.   2,153  
WARBURG PINCUS GLOBAL GROWTH, L.P.   36,383  
WARBURG PINCUS GLOBAL GROWTH (E&P)-2, L.P.   -753  
OAKTREE REAL ESTATE DEBT FUND II, LP   -7,634  
OBVIOUS VENTURES III, L.P.   -58,935  
SECTION 951A GILTI 0 691,054 0


TY 2024 OtherProfessionalFeesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 199,760 199,760   0
CONSULTANT FEES RELATED TO ADMINISTRATION 202,487 0   202,487
PROFESSIONAL FEES: OUTSIDE SERVICES 61,977 0   61,977
COMMUNICATIONS 55,727 0   55,727


TY 2024 TaxesSchedule
Name:
WOODS FUND OF CHICAGO
EIN:
36-3917968
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE UBIT 2,187 0   0
ESTIMATED FEDERAL EXCISE TAX 905 0   0