Carol Barbour

Carol M. Barbour
Senior Vice President Business Development Officer

227 W Monroe St

10th Floor,

Chicago, IL 60606-0007

About me


Carol is a Business Development Officer in the Foundations and Endowments Specialty Practice at Truist Bank delivering comprehensive investment advisory and tailored outsourced-chief investment officer services. She offers clients more than 25 years of experience working with not-for-profit organizations including foundations, educational institutions, cultural organizations, hospitals and associations. 

Earlier in her career she worked with non-profit organizations at TIAA, Commonfund and JPMorgan. She has also worked for two general partners, sponsoring private equity funds and a long-short investment fund, respectively. 


Colgate University
Booth School of Business, University of Chicago
Northwestern University

Personal Interests

Carol is a frequent attendee and speaker at CACUBO and NACUBO. She earned her BA from Colgate University, MBA from the University of Chicago and MA from Northwestern University. 

Carol has served on several non-profit boards including Connecticut Ballet, Summer Theater of New Canaan, Pro Arte Singers and Dana Hall School, bringing first-hand insight of the operating and administrative needs of non-profits. She serves on the Denison University Family Leadership Council and is a soprano with the Apollo Chorus of Chicago.


  • Tailored investment services and comprehensive administrative solutions for not-for-profit endowments and foundations

  • Full-service asset management solutions for a diverse group of clients, including corporate, public, insurance, not-for-profit, and health care institutions

  • Innovative, customized risk management strategies and solutions in partnership with McGriff and Truist Life Insurance Services, designed to protect every facet of your assets and income.

  • Market strategy insights, strategic and tactical asset allocation guidance, open-architecture investing platform, long-term investment strategies, alternative investments, private equity and debt offerings, and more

  • Philanthropic strategies, charitable structure evaluation, private foundations and grant management, donor advised funds

  • Trust formation and planning strategies, corporate trustee and executor services, trust administration and management, successor and irrevocable life insurance trustee, Delaware and dynasty trusts

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