Obama and the Woods Fund of Chicago

Barack Obama served on the board of directors of Woods Fund of Chicago from 1993 to 2001. During that time, the tax exempt foundation made some interesting grants, including one to Obama's church, Trinity United Church of Christ, headed by Rev. Jeremiah Wright at the time. Grants were also made to ACORN, a left wing voter registration group and to a partnership for constructing low income housing. The fund also used Northern Trust for financial services, which is the same company that provided Obama his 2005 mortgage.In 2001 the board of directors included Obama, William Ayers, the former Weather Underground radical terrorist, and serving as chairman was Howard J. Stanback who headed New Kenwood LLC, a limited liability company founded by now-convicted felon Tony Rezko and Allison Davis, Obama's former boss at the law firm of Davis Miner Barnhill & Galland.Grant to Obama's ChurchThe Woods Fund in 2001 awarded a $6,000 grant to Obama's church, Trinity...(Read Full Article)

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