
About
Carol Schwartz AO is one of Australia’s most influential business and community leaders, celebrated for her dynamic career spanning property, the arts, finance, investment, entrepreneurship, government, and health.
A prominent public voice, Carol is a passionate advocate for women’s leadership in politics, media, policymaking and allocation of capital.
Carol has been recognised via accolades including an Officer of the Order of Australia in 2019, Honorary Doctorates from Monash University and Queensland University of Technology, induction into the Australian Property Hall of Fame, and a Centenary Medal. She has also been named one of Australia’s most influential women by the Australian Financial Review and Westpac’s 100 Women of Influence Awards and is a member of the Victorian Women’s Honour Roll. In 2020, she received the nation’s highest philanthropic honour, the Leading Philanthropist Award by Philanthropy Australia.
Carol’s current board roles include Deputy Chair of the Governance Board, Reserve Bank of Australia, Chair of EQT Holdings Limited and the Climate Council, and Director Trawalla Group.
As Chair of the Trawalla Foundation and Women’s Leadership Institute Australia she has championed transformative gender equality initiatives such as Pathways to Politics for Women, WLIA Fellows and Women for Media research series. She is also the Founding Chair of Our Community, a member of the Harvard Kennedy School’s Women’s Leadership Board, and the Global Institute for Women’s Leadership Advisory Board at King’s College.
Carol has been a longstanding investor and supporter of female entrepreneurs, and in 2022 established the Female-Led Ventures investment portfolio focused on female fund managers and female founders for strong commercial returns. Carol is the Australian Lead and Global Advisory Board Member for Beyond the Billion, and was a Co-Founder of Scale Investors.
Leadership
Carol’s current Board roles include:
- Chair, EQT Holdings Limited
- Deputy Chair, Governance board of Reserve Bank of Australia
- Non-Executive Director, Trawalla Group
- Chair, Climate Council
- Chair, Women’s Leadership Institute Australia
- Chair, Trawalla Foundation
- Chair, Our Community
- Board Member, Grattan Institute
Portfolio
Trawalla Foundation
The Trawalla Foundation was established in 2004 as a vehicle for the philanthropic activities of Carol and Alan Schwartz.
The Trawalla Foundation works with exceptional individuals and organisations that have a vision for the future of Australia, focused particularly on strengthening gender equality in leadership, accelerating the climate transition and supporting community building within our society.
A core priority for the Trawalla Foundation is growing the critical mass of female leaders, especially in politics, media, policymaking and capital allocation. We’re firm believers that shared power and decision-making between men and women leads to better outcomes for all Australians.
trawallafoundation.com.au

Trawalla Group
Trawalla Group is the Schwartz Family Office. Alan and Carol established the Trawalla Group in 2007 to manage the family’s investments and philanthropy. Trawalla backs bold businesses and meaningful change — with a mindset shaped by the family’s entrepreneurial heritage.
trawallagroup.com.au
Female-Led Venture Portfolio
The Female-Led Venture Portfolio, led by Carol Schwartz AO, Chenelle Tanglao and Sarah Buckley, invests in female fund managers and female founders for strong commercial returns. We invest in female fund managers, driving impact at scale. We invest directly in underrepresented female founders, tapping into a vast pool of untapped potential in female entrepreneurship.
Women’s Leadership Institute Australia
The Women’s Leadership Institute Australia (WLIA) is a not-for-profit organisation, founded by Carol Schwartz AO. We see politics, media, policymaking and capital allocation as pivotal engines for propelling gender equality forward. So, we focus on high-impact investments, strategic partnerships and groundbreaking research in these four influential spheres.
Media coverage
Australian Financial Review
Australia Day honours has a woman problem
2026
Australian Financial Review
Top female fund managers share their stock picks
2025
Australian Financial Review
No better time than now to set stronger net-zero targets
2025
Mutual Trust
Age of the Agitator: Carol Schwartz AO on leadership, impact, and why Jane Fonda still rocks
2025
Qantas magazine
How Female-led Philanthropy is Creating Lasting Social Impact
2025
Monash University
Carol Schwartz AO delivers the 2024 Richard Larkins Oration
2024
Australian Financial Review
Why women will supercharge philanthropy
2024
She Gives
Carol Schwartz AO’s philanthropic story
Australians Investing in Women (AIIW)
Carol Schwartz AO on gender-wise giving
2024
General Sir John Monash Foundation
John Monash Oration, 2022 – delivered by Carol Schwartz AO