Good Tidings Spring 2019 Newsletter

Page 1

Good Tidings News from the Hampton Roads Community Foundation

Honoring William & Anne Wood

Courtesy photo

New Endowed Funds

For decades, William E. Wood’s name was emblazoned on red and white for-sale signs staked in yards from Williamsburg to Elizabeth City. Equally important to William E. Wood & Associates was Anne Devany Wood, William’s wife and business partner. “He was the driving force. She was the heart of the company,” says Dick Thurmond of Virginia Beach, a long-time colleague and former president of their company. “They both were the brains.” The company they founded in 1972 in William & Anne Wood Virginia Beach grew to be a giant among will be remembered forever. Hampton Roads residential real estate firms. It merged in 2014 into Howard Hanna Real Estate Services. Both the Woods have passed away – William in 1991 and Anne in 2011. Thanks to a 2018 conversion of the private William E. Wood & Associates Foundation, the couple will forever be remembered through two endowed funds that bear their names at the Hampton Roads Community Foundation. The new funds mirror the couple’s charitable interests. One will give annual support for scholarships at four area public colleges and universities. The other will provide annual grants to seven area nonprofit shelters that help people in need. The Wood Foundation’s donation of $491,720 to start the two funds “was the right thing to do at the right time,” says Dick Thurmond, a Wood Foundation board member and Virginia and North Carolina board chair for Howard Hanna. The goal was to ensure the Woods’ names and generosity would never be forgotten. “I have long had a very positive feeling about the community foundation and its philanthropy and leadership,” he says. William and Anne started their business when he was 56 and she was 53. He was a Virginia Beach cattle farmer working family land when he got the idea that land could be more valuable with houses on it. Anne, who grew up in Surry County, worked for another real estate firm before partnering with her husband to sell homes. Their company grew from a single office in Virginia Beach in 1972 to 17 offices with 700 The amount of grants employees and associates, including the Woods’ son Breck who passed away in 2006. Along the way the and scholarships we put company developed more than into action in 2018. 5,000 homes in Hampton Roads C O N T I N U E D P. 3

$17.5+ million:

S p r i n g / Su m m e r

2019

Recent Grants

................................................. The Hampton Roads Community Foundation recently awarded competitive Community Grants to area nonprofits. Grants are made possible by donors’ unrestricted and field-of-interest funds. Recipients are: .................................................

Business Consortium for Arts Support , $475,000 to help support 36 performing and visual arts organizations. Grant provided from the Ashinoff Family Fund, Community Fund for Arts & Culture, Lee A. & Helen G. Gifford Fund, William A. Goldback Fund, Paul S. Huber Memorial Fund, Perry and Bunny Morgan Fund and the Tyler Cultural Fund.

..................................................

Chesapeake Humane Society , $60,000 from the Alfred L. Nicholson Fund for animal welfare to purchase equipment.

..................................................

Elizabeth River Project , $135,000 over

two years for a resilience coordinator and regional expo focused on coordinating sea level rise curriculum and resources for area K-12 educators. Funding comes in part from the Barbara Upton Wilson Fund.

..................................................

Fort Monroe Foundation , $250,000

over two years to help convert a building at the former Fort Monroe military base in Hampton into a 16,200-square-foot visitor and education center and gateway to the historic site. Funding comes in part from the Vernon and Judith Cofer Fund.

..................................................

Friends of the Elizabeth River Trail Foundation , $200,000 over two years to

help add amenities to the 10.5-mile, multiuse pedestrian and bike trail that connects neighborhoods, businesses, universities and visitor attractions throughout Norfolk. Planned amenities include 11 trailheads with parking, hydration stations, playground and fitness equipment, bike racks and kayak launches. ........................ C O N T I N U E D P. 3


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.