Michael Carbery Named Executive Director of the Catholic Education Foundation
Michael Carbery
The Catholic Education Foundation is pleased to announce the appointment of Michael Carbery, CFA, as Executive Director. The Catholic Education Foundation supports families in the Diocese of Joliet who seek a Catholic education for their children but are unable to afford the full cost of tuition.
Carbery joins the foundation with extensive leadership experience in finance, banking, fundraising, and education. He most recently served as Senior Director of Development at DePaul University, where he helped strengthen philanthropic partnerships and advance major institutional initiatives. His early career includes serving as a founding director of First Community Bank of Homer Glen and Lockport (now Busey Bank) and more than 25 years as a senior financial executive with several Wall Street firms.
Carbery also brings a long record of service to Catholic organizations. He previously chaired the Board of Directors at St. Francis High School in Wheaton and currently serves on the Finance Commission for the Society of Mount Carmel (Religious Order of Carmelites). A graduate of Joliet Catholic Academy, he has deep roots in the Diocese of Joliet and a longstanding commitment to Catholic education.
“Mike brings the leadership, vision, and commitment needed to guide the foundation into its next chapter,” said Jeffery Arseneau, Chairman of the Board of Directors. “His experience in finance and philanthropy, combined with his passion for Catholic education, will strengthen our mission of making Catholic schools accessible to more families across the diocese.”
“The gift of Catholic education has shaped my life and formed the values that guide me—living faithfully, giving generously, and leading responsibly,” Carbery said. “I am honored to serve the Catholic Education Foundation in my home diocese and look forward to helping more families make Catholic education part of their children’s life journey.”
Carbery holds a master’s degree in educational leadership with a concentration in Catholic leadership from DePaul University and a bachelor’s degree in economics with honors from Yale University.
About the Catholic Education Foundation
The Catholic Education Foundation provides tuition assistance to families seeking a Catholic education for their children in schools across the Diocese of Joliet. Through the generosity of donors, the Catholic Education Foundation helps make Catholic education possible for thousands of students each year across the Diocese’s five county school region. For more information, visit cef.joliet.org.
