Woodward Charitable Trust
The Woodward Charitable Trust is a private foundation established in 1947 and granted tax-exempt status in July 1949. Based in Chicago, Illinois (with operations referenced in Rockford, IL), the trust operates as a 501(c)(3) organization dedicated to philanthropic grantmaking across multiple states and focus areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45.4M
+11.5% YoY
Annual Giving
$3.7M
+156.0% YoY
Grant Count
98
+2.1% YoY
Avg Grant Size
$38K
+150.8% YoY
Mission & Focus Areas
The trust supports organizations involved with:
- Arts and culture
- Education
- Health and mental health
- Hunger and housing
- Human services
- Community development
- Services for disabled people
- Services for homeless people
- Support for economically disadvantaged people
Grantmaking
The trust accepts applications and is open to new applicants, with approximately 12% of new applicants receiving funding.
Grant Range
$66
Average Grant
$66
How to Apply
**
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Geographic Focus
Where this funder awards grants
The trust supports organizations across multiple states including:
- California
- Colorado
- Florida
- Illinois
- Michigan
- South Carolina
- Wisconsin
- Wyoming
Primary grantmaking focuses on Illinois, Michigan, and Colorado.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $40.7 million
- Total revenue: $924,941
- Total expenses: $1.51 million
- Total liabilities: $6,170
Assets (2024):
- Total assets: $45,353,965
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $45,353,965 | $40,670,491 | $30,988,840 |
| Revenue | $1,075,128 | $924,941 | $906,170 |
| Expenses | $3,794,463 | $1,509,563 | $1,611,951 |
| Qualifying Distributions | $3,719,341 | $1,453,415 | $1,547,221 |
| Net Investment Income | $1,015,206 | $575,793 | $537,536 |
| Distributable Amount | $2,331,528 | $1,749,548 | $1,651,920 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The trust is led by a team of uncompensated trustees:
- A. Christopher Fawzy (President and Trustee)
- Julia G. Buchanan (Trustee)
- Jay Evans (Trustee)
- Michael Schablaske (Trustee)
- Rick Holm (Trustee)
- Kody Braisted (Trustee)
- Jennifer Ray (Trustee)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kody Braisted | President/Trustee | 20 | — |
| Bryan Dunn | President/Trustee (Thru 11/24) | 0.2 | — |
| A Christopher Fawzy | President/Trustee (Thru 04/24) | 0.2 | — |
| Julia G Buchanan | Trustee | 0.2 | — |
| Jay Evans | Trustee | 0.2 | — |
| Rick Holm | Trustee | 0.2 | — |
| Jennifer Ray | Trustee | 0.2 | — |
| Michael Schablaske | Trustee | 0.2 | — |
Recent News & Activity
Recent developments and announcements
Recent grant awards and announcements include:
$350,000 grant to Loveland Youth Campus (2024)
Woodward Charitable Trust donates $350,000 to Loveland Youth Campus \u2013\$9,000 grant to Girl Scouts of Northern Illinois (2026)
Girl Scouts of Northern Illinois receives $9K grant from Woodward CharitableNew focus areas emerging around young children and families
Woodward Charitable Trust Grants: New Focus on Young Children and FamiliesRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Woodward Charitable Trust on Grantable?
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