Carol Crenshaw is chief financial officer and vice president, finance with The Chicago Community Trust. 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. Her responsibilities include overseeing the Trust’s accounting, investment programs, financial reporting; managing an annual consolidated administrative budget of $17 million and a grants budget of more than $300 million; and supervising the fund accounting system, which administers more than 1,200 individual funds housed at the Trust. Crenshaw serves on the finance investment committee of the Trust’s Executive Committee, which directs an investment program for the organization’s endowments.
Prior to joining the Trust, Crenshaw was an auditor with KPMG Peat Marwick/Chicago for five years, specializing in banks and nonprofit organizations. Crenshaw is a graduate of Northern Illinois University, a Certified Public Accountant, a member of the Accounting Practices Committee of Community Foundations and a board member of the Northern Illinois University Foundation. Crenshaw is also a board member of Tronc.