Chris & Carrie Shumway Foundation
A private family foundation established by Shumway Capital founder Chris Shumway and his wife Carrie, focused on breaking the cycle of poverty through better public education.
Last updated September 28, 2026
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Overview
The Chris & Carrie Shumway Foundation is a private family foundation established by Chris Shumway, the Founder and Managing Partner of Shumway Capital, a growth equity investment firm, and his wife, Carrie. The foundation directs a significant portion of its philanthropic efforts toward innovative organizations that it believes have the greatest potential to create a lasting, scalable impact. Its stated primary goal is to help break the cycle of poverty by expanding opportunities in public education. The foundation is closely identified with its founders. Chris Shumway leads Shumway Capital and has been active in education-focused philanthropy, having previously served on the boards of Teach for America (Connecticut) and the Tiger Foundation. He is also a visiting professor at the University of Virginia, where he teaches global investing, and serves on the board of the McIntire School of Commerce Foundation. He holds an M.B.A. from Harvard Business School and a B.S. from the University of Virginia McIntire School of Commerce. As a family foundation, the organization operates as a private philanthropic vehicle rather than a commercial enterprise. It does not sell products or services; its "offerings" are grants and philanthropic support to mission-aligned nonprofit organizations, particularly those working in public education and poverty alleviation. The foundation maintains a public web presence at shumwayfoundation.org, where it profiles its founders and describes its philanthropic focus.
History
The Chris & Carrie Shumway Foundation was established by Chris Shumway, the Founder and Managing Partner of Shumway Capital, a growth equity investment firm, and his wife, Carrie. The foundation was created as a private family philanthropic vehicle with a primary goal of helping to break the cycle of poverty through better opportunities in public education. Chris Shumway's philanthropic and professional background shaped the foundation's direction. He has served as a visiting professor at the University of Virginia, teaching global investing, and is a member of the board of the McIntire School of Commerce Foundation. He previously served on the boards of Teach for America (Connecticut) and the Tiger Foundation, reflecting a sustained engagement with education and anti-poverty causes. He received an M.B.A. from Harvard Business School and a B.S. from the University of Virginia McIntire School of Commerce. The foundation focuses a significant portion of its philanthropic efforts on innovative organizations with the greatest potential to create a lasting, scalable impact. It maintains a public website at shumwayfoundation.org, which profiles its founders and describes its philanthropic focus. As a family foundation, it operates as a grantmaking organization rather than a commercial business, and it does not publicly disclose a detailed grant history or financial statements on its homepage.
Foundation established by Chris Shumway and Carrie Shumway
Products and positioning
A private family foundation focused on breaking the cycle of poverty through better opportunities in public education, prioritizing innovative organizations with lasting, scalable impact.
Philanthropic grants
Grants directed to innovative organizations with the greatest potential to create a lasting, scalable impact.
Public education opportunity programs
Support aimed at breaking the cycle of poverty through better opportunities in public education.
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