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The Woods Foundation

Private foundation · Grantmaker Lincoln, IL EIN: 36-4196899 Website

The Woods Foundation is a private foundation based in Lincoln, Illinois. In its 2025 filing, it reported 32 grants totaling $864,457, including support for cancer research, scholarships, education, food assistance, and community services.

The Woods Foundation at a glance

In short: The Woods Foundation gave $864K across 32 grants in 2025 (avg $27K), mostly in Illinois. 16% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$864,457
+12.4% vs 2024
Grants made (2025)
32
+10.3% vs 2024
Average grant
$27,014
+1.8% vs 2024
Median grant
$10,000
Total assets
$15,966,158
+1.2% vs 2024
New grantees (estimate)
16% first-time grantees (5 of 32, 2025)
Primary geography
Illinois (96% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Woods Foundation

How to Apply

The foundation states that it does not restrict giving to preselected organizations. Applicants should contact the foundation for its grant application; the filing lists no restrictions on awards.

Contact

Application contact: The Woods Foundation
Mailing address: 306 Clinton St, Lincoln, IL 62656
Phone: (217) 735-1234

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Woods Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

OSF Healthcare System: $200KOSF Healthcare System$200KAcademic Development Institute: $142KAcademic Development Institute$142KLincoln Economic Advancement Develo: $100KLincoln Economic AdvancementDevelo$100KTimber Pointe Charitable Foundation: $73KTimber Pointe CharitableFoundation$73KLincoln Elementary School Dist #27: $36KLincoln Elementary School Dist#27$36KSouthern IL University: $35KSouthern IL University$35KLincolnLogan Food Pantry: $30KLincolnLogan Food Pantry$30KCommunity Action Partnership Central IL: $25KCommunity Action PartnershipCentral IL$25KIllinois College: $22KIllinois College$22KIllinois Wesleyan University: $19KIllinois Wesleyan University$19K

The largest 2025 recipient was OSF Healthcare System ($200K). Together the top 10 received $682K.

Grant Size Distribution

168 grants across all recorded years

149<$50K7$50–100K11$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 149 grants of 168 (89%).

Geographic Focus

Where this funder awards grants

In 2025, 96% of grant dollars went to recipients in Illinois, 3% to Tennessee, and 1% to North Carolina.

Grant Distribution by State

7states

Share of 2025 grant dollars across all 32 itemized grants.

Cities

LincolnSpringfieldBloomingtonPeoriaNormalJacksonvilleUrbanaCharlestonMacombRock IslandCaryEdwardsvilleNashvilleEast PeoriaMemphisMt PulaskiPeoria HeightsRockfordWheatonDecatur

Is The Woods Foundation open to new grantees?

16%

first-time grantees, 2025

In 2025, 5 of 32 grantees (16%) were first-time recipients. First grants averaged $11K; repeat grants $30K. How we count

Medians: $10K first-time, $10K repeat.

  • 75% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+4%). Method
  • In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M50 grants2019 35 grants2020 36 grants2021 35 grants2022 36 grants2023 29 grants2024 32 grants2025

From 2019 to 2025, annual grant giving ranged from $445K (2020) to $864K (2025). In 2025 it made 32 grants totaling $864K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
OSF Healthcare System Peoria, ILCancer Research$200,000
Academic Development Institute Lincoln, ILScholarship Program$141,916
Lincoln Economic Advancement Develo Lincoln, ILUnrestricted.$100,000
Timber Pointe Charitable Foundation Bloomington, ILRenovation & Equipping Woods Center for Programs$72,500
Lincoln Elementary School Dist #27 Lincoln, ILLogan County 5TH Grade Field Trip$36,126
Southern IL University Edwardsville, ILScholarships$35,429
LincolnLogan Food Pantry Lincoln, ILUnrestricted$30,000
Community Action Partnership Central IL Lincoln, ILMeals on Wheels Equipment$25,000
Illinois College Jacksonville, ILCollege Scholarships$21,868
Illinois Wesleyan University Bloomington, ILTuition$18,956
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$15,966,158$1,224,502$1,034,200$864,45732$922,512$1,143,650$878,871
2024$15,775,856$1,030,112$919,715$769,29629$816,470$951,545$845,056
2023$15,665,459$689,583$899,147$755,78736$802,630$609,841$820,312
2022$15,885,474$846,480$980,288$832,16735$877,380$768,148$837,382
2021$16,009,690$1,294,401$703,229$540,42736$594,904$1,212,900$903,617
2020$15,417,801$997,252$605,390$445,31135—$924,990$794,325
2019$15,025,630$1,029,108$967,684$798,97650—$958,512$809,731

Under IRS private-foundation payout rules, The Woods Foundation reported a distributable amount of $879K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s filings do not state a mission. Its 2025 grants show support for scholarship programs and tuition, cancer research, food assistance, school field trips, and equipment and renovation. Among the organizations it supported, Academic Development Institute describes its mission as assisting families, schools, and communities with children’s academic and personal development and conducting related research. Timber Pointe Charitable Foundation says it raises funds to provide and expand facilities at an outdoor center serving individuals with disabilities.

Grantmaking

In 2025, the foundation made 32 grants totaling $864,457. Grants ranged from $4,894 to $200,000, with a median of $10,000. Notable grants included $200,000 to OSF HealthCare System for cancer research, $141,916 to Academic Development Institute for a scholarship program, $100,000 to Lincoln Economic Advancement Development for an unrestricted purpose, and $72,500 to Timber Pointe Charitable Foundation for renovation and equipping of Woods Center for programs.

Other grants included $36,126 to Lincoln Elementary School District #27 for Logan County fifth-grade field trips, $30,000 to LincolnLogan Food Pantry for an unrestricted purpose, and $25,000 to Community Action Partnership Central Illinois for Meals on Wheels equipment.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists William B Bates as president; William B Bates Jr and Christopher L Golwitzer as directors; David L Golwitzer as secretary/treasurer; and Christy Cross as a director.

The Woods Foundation is led by William B. Bates, President on every filing since 2019; 4 of 5 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • William B. Bates

    President

    On filings since 2019

    3 hrs/week

    $12K (2019) → $12K (2025)

  • Christopher L. Golwitzer

    Director

    On filings since 2019

    3 hrs/week

    $12K (2019) → $12K (2025)

  • William B. Bates Jr.

    Director

    On filings since 2019

    3 hrs/week

    $12K (2019) → $12K (2025)

  • Christy Cross

    Director

    On filings since 2024

    9 hrs/week

    $4K (2024) → $20K (2025)

  • David L. Golwitzer

    Secretary & Treasurer

    On filings since 2019

    3 hrs/week

    $12K (2019) → $0 (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Christy Cross — Director: $20KChristy CrossDirector$20KWilliam B Bates — President: $12KWilliam B BatesPresident$12KWilliam B Bates Jr — Director: $12KWilliam B Bates JrDirector$12KChristopher L Golwitzer — Director: $12KChristopher L GolwitzerDirector$12K

The highest reported compensation on the 2025 filing was $20K, to Christy Cross (Director). 4 officers or directors reported compensation on that filing.

Frequently asked questions about The Woods Foundation

How much does The Woods Foundation give each year?

The Woods Foundation gave $864K across 32 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $769K across 29 grants.

What is The Woods Foundation's typical grant size?

The Woods Foundation's median grant in 2025 was $10,000, and its average grant was $27,014, across 32 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Woods Foundation that year got $11K on average.

Where does The Woods Foundation give grants?

The Woods Foundation gives mostly in Illinois: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lincoln, IL (10 grants), Peoria, IL (4 grants), Bloomington, IL (2 grants) and Springfield, IL (2 grants).

Does The Woods Foundation give general operating support?

Yes: 34% of The Woods Foundation's 2025 grants with a stated purpose (11 of 32) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "College Scholarships" (3 grants) and "Cancer Research" (3 grants).

Who are The Woods Foundation's largest grantees?

The Woods Foundation's largest 2025 grantees include OSF Healthcare System ($200,000), Academic Development Institute ($141,916) and Lincoln Economic Advancement Develo ($100,000), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.

How large is The Woods Foundation?

The Woods Foundation reported $16.0M in total assets on its 2025 IRS Form 990-PF. It paid out $923K in qualifying distributions that year, against a required minimum of $879K (roughly 5% of its investment assets).

What does The Woods Foundation fund?

The foundation’s filings do not state a mission. Its 2025 grants show support for scholarship programs and tuition, cancer research, food assistance, school field trips, and equipment and renovation. See mission & focus areas ↑

How do I apply for a grant from The Woods Foundation?

The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Woods Foundation's EIN?

The Woods Foundation's EIN (Employer Identification Number) is 36-4196899. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 9, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 10, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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Cite this profile

Grantable. (2026). The Woods Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-woods-foundation-morg_b2903647505442cc865585a82207e501

BibTeX
@misc{grantable_364196899_2026,
  author       = {{Grantable}},
  title        = {{The Woods Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-woods-foundation-morg_b2903647505442cc865585a82207e501},
  note         = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Woods Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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