Woodstock Club Historical Foundation, Inc.

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1 Woodstock Club Historical Foundation, Inc. Investing in the Next Generation

2 Visionary Founders The Woodstock Club was founded by a collection of Indianapolis civic and business leaders who sought to establish a convenient, family-friendly club near Downtown. The vision of this group continues to live on in our club today. Woodstock Club s Founding Board Members A Family Tradition The Woodstock Club was officially chartered in 1915 and is now approaching its 100th anniversary. A family focus has been at the heart of the Woodstock Club since its earliest days. When the Country Club of Indianapolis moved to the outskirts of Marion County in 1914, several couples organized an effort to start a new club to make use of the property being vacated. Augustus Coburn, President of the Michigan Lumber Co. William Coburn, President of Coburn Photo and Film Charles Coffin, President of Indiana Savings & Investment Co. Henry Danner, President of Burfurd Printing Co. William Day, Partner at Thomas C. Day and Co. Jaquelin S. Holliday, Chairman of Holliday and Co. Gilbert Hurty, President of Hurty, Peck and Co. Hugh Mckenna Landon, Chair of the Fletcher Trust Co. Meredith Nicholson, Hoosier author and diplomat Illustrious Early Members Woodstock Club has been fortunate to count among its membership local and national business leaders, two U.S. vice presidents, multiple mayors of Indianapolis, U.S. senators, and noted authors and artists have all shared in the history and tradition of our Club. We take pride in our rich history and the fact that our club has served the needs of so many accomplished Hoosiers during its first century. We are also proud that, regardless of profession, Woodstock has as its founders intended become a second home for many, and its members an extension of each other s family. Woodstock is a place where families feel comfortable coming together and being themselves. The club is, and has always been, a beautiful haven for recreation and an elegant venue for life s celebrations and gatherings for friends and family. James Allison Co-Founder of the Indianapolis Motor Speedway, Presto-Lite and Allison Engine Company Charles Fairbanks U.S. Senator & 26th Vice President of the U.S. Jaquelin S. Holliday Chairman of Holliday & Co. Josiah K. Lilly Sr. Son of Eli Lilly Sr. and head of Eli Lilly and Co. The Foundation The Woodstock Club Historical Foundation was established in 2006 with the intent of preserving the rich history and tradition of our Club. Today, the Foundation is embarking on a campaign to secure Woodstock s historic Clubhouse for the enjoyment of the next generation of members, community leaders and their families. Thomas Marshall Governor of IN and 28th Vice President of the U.S. Thomas Taggert Mayor of Indianapolis and U.S. Senator Booth Tarkington Pulitzer Prize winning author Woodstock Club Historical Foundation 2

3 A Living Landmark In the 90 years since this building was constructed, it has been witness to countless events and milestones in the lives of members and the community-at-large. From large crowds visiting Woodstock for the Western Open or watching fireworks on the fourth of July, to weddings and retirement parties, and even memorial services, the Woodstock Clubhouse is woven into the life stories of its members and the broader Indianapolis community. In 2007 the Clubhouse was placed on the National Register of Historic Places. The designation was granted not just in recognition of the Clubhouse s architectural beauty, but also in honor of its historical significance in the country club movement, and its place in the history of Indianapolis. The Clubhouse The Woodstock Clubhouse has always been the heart of the club s hospitality and activity. I just love the feeling I get when I m there. As soon as you walk in you can feel the history and the warmth of the place. - Clarence Doninger, Woodstock Historical Foundation Board Member Frederick Wallick, the architect who designed the Clubhouse in 1922, designed homes for a number of prominent Indianapolis executives and their families, including Dr. George H.A. Clowes, Senator Thomas Taggart, Nicholas Noyes, and Eli Lilly. The Woodstock Club approached Wallick to create a replacement for the previous clubhouse after it was destroyed by a fire. Wallick incorporated many of the same features of his home plans into the Italian Villa-style design for the new Clubhouse. The resulting building even includes a room that is still referred to today as the Living Room. Built in 1923 the Clubhouse was envisioned as and remains a quiet escape where members and their families can relax, connect, and enjoy fine food and company. 3 Investing in the Next Generation Woodstock Club Historical Foundation 4

4 Preserving Our Past, Ensuring our Future Debt Reduction Social clubs in America face multiple challenges to their longterm viability in the modern era. Aging facilities and growing competition for the attention, time, and resources of increasingly suburban families have combined to threaten the sustainability of many historic social clubs across the country. The Woodstock Club has worked diligently to maintain and improve its facilities and services over time and as a result has sustained strong finances and membership in the face of these challenges. In order to complete a number of past improvements, the Woodstock Club took out a mortgage on the Clubhouse. With an original balance of $4 million, the Woodstock Club and the Foundation have effectively paid down this debt to $2 million. In 2006, members of the Woodstock Club proactively launched the Woodstock Historical Foundation to address some of these challenges. A separate legal entity from the Woodstock Club, this nonprofit foundation was created with the mission of preserving and maintaining the historic Woodstock Clubhouse, thereby helping to ensure the vibrancy of the Woodstock Club for future generations. The Foundation now seeks to eliminate this debt and the club s monthly mortgage payments entirely, and in so doing reduce the ongoing burden on Club finances of paying down the principal and interest on this loan. Endowment Creation While eliminating the Clubhouse mortgage will provide immediate flexibility, we also know that the long-term costs of maintaining a nearly century-old building can be significant. At Woodstock we are unquestionably proud of our historic home, but we are also cognizant that many of the clubs and social opportunities with which we compete do not face the same costs of upkeep. In order to assure that the Woodstock Club can continue to compete with newer facilities, and continue to provide opportunities to young families, the Foundation seeks to build an endowment to support the ongoing needs of the Clubhouse and reduce this burden on the club. Since its creation, the Foundation has raised $1.3 million to support the conservation and upkeep of the historic Clubhouse. With this funding, the Foundation has been able to reduce the Club s debt by $1.2 million, yet we intend to do more. Now the Foundation has set its sights on a new ambitious goal that would eliminate a current mortgage on the ninety-year-old Clubhouse and provide resources for its ongoing maintenance. In so doing, the Foundation will provide the Woodstock Club with the financial flexibility necessary to maintain its exemplary service to its members and build upon its strong membership and finances in the future. 4 Investing in the Next Generation Your Support The Woodstock Club Historical Foundation requests your support to ensure the future of our great Clubhouse. Please use the enclosed Commitment Card to signify your investment in the future of Woodstock Club and its rich tradition of serving central Indiana s great families.

5 The Woodstock Club Historical Foundation, Inc 1301 West 38th St. Indianapolis, IN woodstockclub.com