Carol Crenshaw

Biography

Carol Crenshaw is the Chief Financial Officer and Vice President of Finance for The Chicago Community Trust, a community foundation dedicated to improving the Chicagoland region through strategic grant making, civic engagement and inspiring philanthropy. Crenshaw joined the Trust in 1983 as assistant controller and was promoted to controller in 1984. She has served in her current role since 1994 managing the foundation’s investments, cash management, accounting, budgeting, audit, tax, and enterprise risk. Her responsibilities include overseeing a consolidated enterprise consisting of 12 organizations with assets totaling $2.3 billion, an annual consolidated administrative budget of $17 million, a grant budget of over $198 million, annual contributions of over $200 million and supervising a fund accounting system which administers more than 1,500 individual funds. Crenshaw serves as a member of the Trust’s internal leadership team and serves as the liaison for the finance and investment committee, the audit committee and the human resources and governance committee. 

Research Interest

Human resources and governance