Carol Atwood is a Babson Entrepreneur in Residence conducting analysis of approaches to accelerating changes in both content and approaches to learning that is relevant in an age of AI. Carol is also founder and Managing Director of Spartacus Capital. She is a successful entrepreneur who is actively involved in creating and participating in ventures that provide superior financial returns by incorporating better social, environmental, and governance strategies. She is a recipient of many awards, including the “NYC Entrepreneur of the Year” award sponsored by NASDAQ, the Kaufmann Foundation, and Ernst & Young.
Ms. Atwood is currently on the board of the Calvert Foundation, which seeks to maximize the flow of lending capital to disadvantaged communities around the world, serving as Chair of the Advancement Committee. The Calvert Foundation’s total loan disbursements over the life of the fund surpass well over one billion dollars, and have delivered both social and financial returns to investors. The Calvert Foundation has financed more than 20,000 homes, 495,000 microenterprise jobs, 34,000 U.S. jobs, and 26,000 nonprofits, while maintaining a 98.8% repayment rate from borrowers, and a 100% repayment rate to investors.
Ms. Atwood also serves on the board of Community Investment Partners (CIP), which manages, among other separately managed accounts, the Communities at Work Fund, a loan fund exceeding $100 million dedicated to creating jobs in under-served communities within the U.S. She is Chair of King Arthur Flour (KAF), the second-largest branded flour company in the U.S. and an early adopter of the “b corporation” principles. She was a founding board member of and angel investor in IW Financial, a web-based application that empowers advisors and money managers to identify ESG criteria and is an advisory board member of CSR Wire, the leading source of corporate responsibility and sustainability press releases, reports, and news. She is also the US advisory board member of the New Paradigm Fund, which serves as the fiscal sponsor for the Ubuntu Institute in South Africa, led by Nelson Mandela’s grandson, Prince Cedza Dlamini, and a member of the Impact and Messaging Committee of the Social Investment Forum, and long-time partner and previous board member of Social Venture Partners.
Ms. Atwood also formerly served on the board and as co-chair of the sustainability committee at Social Venture Network (SVN), and on the steering committee of the Harvard Kennedy School’s Initiative for Responsible Investing. She also formerly owned and operated TMG Solutions, an international marketing company that developed programs for Fortune 500 companies. In 1997, TMG was named Company of the Year by the National Association of Small Business Investment Companies and ranked among the top 100 women-owned businesses by Working Woman magazine.
Ms. Atwood holds a Bachelor’s Degree in International Relations from Boston University.