Woodward Governor Charitable Trust

Private foundation · Grantmaker Chicago, IL EIN: 84-6025403

Woodward Governor Charitable Trust is a private foundation based in Chicago, Illinois. Its filings report grantmaking, including a 2025 grant of $2,785,000 to a recipient identified as “SEE ATTACHED SCHEDULE.”

Woodward Governor Charitable Trust at a glance

In short: Woodward Governor Charitable Trust gave $2.8M across 1 grant in 2025 (avg $2.8M), mostly in Illinois. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,785,000
-24.8% vs 2024
Grants made (2025)
1
-99.0% vs 2024
Average grant
$2,785,000
+7272.5% vs 2024
Median grant
$2,785,000
Total assets
$4,299,452
-90.5% vs 2024
Primary geography
Illinois (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

How to apply to Woodward Governor Charitable Trust

How to Apply

The filing says the foundation does not restrict giving to preselected organizations. It lists Kody Braisted as the contact, “SEE FOOTNOTE” for application materials, no deadline, and no restrictions on awards.

Contact

Application contact: Kody Braisted
Mailing address: 50 South Lasalle Street, Chicago, IL 60603
Phone: (312) 630-6000

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

Who Woodward Governor Charitable Trust funds

How this funder distributes its grants

Grant Size Distribution

373 grants across all recorded years

336<$50K8$50–100K19$100–250K7$250–500K$500K–1M3$1–5M$5M+

The most common grant size was under $50K: 336 grants of 373 (90%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Illinois.

Grant Distribution by State

11states

Share of the 2025 grant dollars on its one itemized grant.

Cities

Fort CollinsRockfordHollandSanta ClaritaChicagoLovelandEvanstonGreenvilleLoves ParkZeelandCastaicGurneeRiverwoodsSkokieWindsorWinnetkaCanyon CountryFenvilleGrand RapidsGreeley

How Woodward Governor Charitable Trust gives

  • Giving grew 81% from 2022 to 2025. Method
  • In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M89 grants2019 86 grants2020 92 grants2021 86 grants2022 96 grants2023 98 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $709K (2019) to $3.7M (2024). In 2025 it made 1 grant totaling $2.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Schedule See Attached Schedule, ILSee Attached$2,785,000
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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$4,299,452$3,527,311$2,940,684$2,785,0001$2,852,951$3,464,897$2,976,135
2024$45,353,965$1,075,128$3,794,463$3,702,00098$3,719,341$1,015,206$2,331,528
2023$40,670,491$924,941$1,509,563$1,446,00096$1,453,415$575,793$1,749,548
2022$30,988,840$906,170$1,611,951$1,540,60686$1,547,221$537,536$1,651,920
2021$36,378,499$1,323,986$2,275,705$2,190,84092$2,197,080$961,222$1,907,783
2020$40,377,789$730,377$806,994$741,50086—$424,733$1,513,691
2019$8,757,438$821,085$1,397,767$709,00089—$509,679$1,761,270

Under IRS private-foundation payout rules, Woodward Governor Charitable Trust reported a distributable amount of $3.0M for 2025 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

The trust reported 98 grants totaling $3,702,000 in 2024 and 96 grants totaling $1,446,000 in 2023. In 2025, it reported one grant of $2,785,000; the filing identifies the recipient as “SEE ATTACHED SCHEDULE” and the purpose as “SEE ATTACHED.”

Leadership & Key People

Leadership team and compensation from IRS filings

Kody Braisted is listed as president and trustee on the 2025 filing.

Woodward Governor Charitable Trust is led by Kody Braisted, President & Trustee since 2024 (on filings since 2020) — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Kody Braisted

    President & Trustee

    Trustee → President & Trustee, 2024

    On filings since 2020

    20 hrs/week

    No compensation reported

Former officers (8)
  • Former: A Christopher Fawzy (2019–2024) — President & Trustee
  • Former: Jay Evans (2019–2024) — Trustee
  • Former: Jennifer Ray (2019–2024) — Trustee
  • Former: Julia G Buchanan (2019–2024) — Trustee
  • Former: Michael Schablaske (2019–2024) — Trustee
  • Former: Rick Holm (2019–2024) — Trustee
  • Former: Bryan Dunn (2024) — President & Trustee
  • Former: Steve Meyer (2019) — Trustee

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.

Frequently asked questions about Woodward Governor Charitable Trust

How much does Woodward Governor Charitable Trust give each year?

Woodward Governor Charitable Trust gave $2.8M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.7M across 98 grants.

How large is Woodward Governor Charitable Trust?

Woodward Governor Charitable Trust reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $2.9M in qualifying distributions that year, against a required minimum of $3.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

How do I apply for a grant from Woodward Governor Charitable Trust?

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

Where does Woodward Governor Charitable Trust make grants?

All grant dollars reported for 2025 went to recipients in Illinois.

What is Woodward Governor Charitable Trust's EIN?

Woodward Governor Charitable Trust's EIN (Employer Identification Number) is 84-6025403. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS August 27, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 20, 2024)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Woodward Governor Charitable Trust'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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