Woods Trust

The Lawrence Wood Fund was established in 1997 to honor Lawrence Wood, a longtime competition pilot, supporter of the U.S. Team and past Soaring Society of America president. Lawrence Wood donated his personal Nimbus 3DT to the US Team Soaring Committee in 1997 to show his support of this effort. The U.S. Team Soaring Committee elected to sell the aircraft on the open market and to apply all proceeds over $100,000 for the benefit of the 1997 U.S. Team. The corpus of $100,000 was used to establish an honorary fund in the name of Lawrence Wood. Interest accrued by the Lawrence Wood Fund will be made available to the U.S. Soaring Team. 

The Trustees have established the general guideline of making available from the applicable Trust funds about 5% per year for operations, intending that this would preserve the corpus of the funds, and hopefully provide some of the income and capital gain flowing back into the funds for further growth. This would be applicable to the Robertson Fund as one of the Trust Funds. The Larry Wood Trust Fund has also been established for US Soaring Teams use, and the above is applicable to it, as well. 

The Woods Trust, as part of the SSA Foundation, is managed by independent trustees as gatekeepers held under the foundation structure which provides long-term security and stability to contributors while bringing the internal discipline necessary to preserve and manage long term endowments. 

LAWRENCE WOOD LONG TIME TEAM SUPPORTER DIES
Lawrence Wood was born December 7, 1918 at Refugio, Texas.
He passed away on January 5, 2005 after a short illness. His father Richard Henry Wood, and his mother, Carrie Lambert Wood, were of Texas families with deep Irish roots. Interested in engineering and business administration, Wood joined Braniff Airways of Dallas, Texas after College. In 1940, he began a short but varied two years as co-pilot instructor, and administrator and became involved in the engineering aspects of airport design and construction.

In 1942, his experience with the airlines led to the rank of Captain and Pilot. Following the entry of the United States into World War II he became associated with the Contract Carrier division - Air Transport Command. Transferred in 1943, Mr. Wood became instructor of Army/Air Force transportation crews. In 1947, after the War and another brief stint with Branifff, he returned to Refugio. Lawrence Wood continued his association with flying through the years. He was one of the organizers of the Refugio Soaring Circle and served several years as a Director of the Soaring Society of America as a past President.

In 1986 he received the Soaring Society of America's highest award - The Warren E. Eaton Memorial. The Lawrence Wood Fund was established in 1997 by donating his personal Nimbus 3DT to the US Team Soaring Committee to show his support of this effort. The U.S. Team Soaring Committee elected to sell the aircraft on the open market and to apply all proceeds over $100,000 for the benefit of the 1997 U.S. Team. The corpus of $100,000 was used to establish an honorary fund in the name of Lawrence Wood. Interest accrued by the Lawrence Wood Fund will be made available to the U.S. Soaring Team.  He attended the Nationals in Uvalde last August spoke with Mark Huffstutler about doing some flights in a Ximingo motorglider. He loved soaring and dreamt of it until his death.

Funding the Future

Robbie 
Robertson


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