Arts and Culture

Woods Fund of Chicago Announces Temporary Suspension of its Arts and Culture Program in 2010

Our foundation has had the privilege of supporting arts and culture organizations in Chicago for many, many years.  It is with a heavy heart we announce the foundation will not be awarding any grants in this program area in 2010.  This extremely difficult decision was reached in light of significant reductions in our assets.  We believe this is a fiscally responsible and prudent decision under existing economic realities but it in no way reflects our lack of commitment to the Chicago arts community.   We look forward to resumption of this important funding area when the economic environment is sufficiently improved.  Payments for 2008 multiyear grants will be made upon receipt and approval of a year-end report and other required documentation.