William Towns is the executive director of Benefit Chicago, an investment fund created through a collaboration by The Chicago Community Trust, the John D. and Catherine T. MacArthur Foundation, and Calvert Foundation. The fund mobilizes $100 million for loans and investments that fuel nonprofits and businesses with a social purpose working throughout the Chicago region.
Prior to this position he was Assistant Vice President, Neighborhood Initiatives in the Office of Civic Engagement, University of Chicago and Regional Vice President of Mercy Portfolio Services, a subsidiary of Mercy Housing Inc. whose goal is to assist municipalities in addressing the economic and housing crises through foreclosure purchase, green redevelopment, asset management, land banking, and education. He also held diverse positions with Pathway Senior Living L.L.C, in Des Plaines, IL.
Towns holds extensive research and teaching experience and has a Ph.D. from Benedictine University. He holds an MBA from the University of Notre Dame and a Bachelor’s degree in Business Administration from Loyola University.