Annual Report


The Foundation has consistently shown an ability to execute on its mission with prudent care and cost efficiency across all aspects of the operation. The skill to generate revenue with a low cost of fundraising expenses exemplifies the organization’s success in leveraging resources to achieve results.

Toigo Board of Directors


Sue Toigo | Fitzgibbon Toigo Associates

Executive Officers

Chairman | David Marchick | The Carlyle Group

Vice Chair | Denise Nappier | Treasurer, State of Connecticut

Treasurer | Jay Ferguson | Vicente Capital Partners

Secretary | Andrea Beldecos | JP Morgan Asset Management

Governing Board

Jerry Albright | Teachers Retirement System of Texas

Dan Allen | State Universities Retirement System of Illinois

Sheri Bronstein | Bank of America

Mary Cahill | Emory University

Ellen-Blair Chube | William Blair & Company

Jose E. Feliciano | Clearlake Capital Group, L.P.

Jose Fernandez | StepStone Group

Leslie Hale | RLJ Lodging Trust

Heather Hammond | Russell Reynolds Associates

Carla Harris | Morgan Stanley

David A. Hunt | PGIM The Global Investment Management Business of Prudential Inc.

Troy Jenkins | Profit Investment Management

Kate Jonas | BlackRock

Henry Jones | California Public Employees’ Retirement System

Katherine A. Lehman | Lincolnshire Management, Inc.

Victor MacFarlane | MacFarlane Partners

Tony de Nicola | Welsh, Carson, Anderson & Stowe

Janice Cook Roberts | Kohlberg Kravis Roberts & Co.

Carlos Schonfeld | Capital International Research, Inc.

Erik Scott | Palladium Equity Partners

Dhvani Shah | Illinois Municipal Employees Retirement Fund

Jack Thayer | Exelon

Jim Williams | J. Paul Getty Trust

Kelly Williams | GCM Grosvenor Private Markets

Joel Wittenberg | WK Kellogg Foundation

Paul R. Yett | Hamilton Lane Advisors

Advisory Board

Christopher J. Ailman | California State Teachers’ Retirement System

Joe Alejandro | Patrolmen’s Benevolent Association

Stuart Bernstein | Capridge Partners

Judy Chambers | Pension Consulting Alliance

Vijoy Paul Chattergy | Hawaii Employees Retirement System

Janet Cowell | Treasurer, State of North Carolina

Alex Doñé | New York City Office of the Comptroller

David Fann | TorreyCove Capital Partners

Carmen Heredia-Lopez, CFA | WK Kellogg Foundation

Dick Ingram | Teachers’ Retirement System of the State of Illinois

Josh Kawaii-Bogue | California State Teachers’ Retirement System

Lisa Mazzocco | University of Southern California

Leslie Spencer | PFM Asset Management, LLC

Scott Stedman | The Yucaipa Companies

Scott Stringer | New York City Office of the Comptroller

Laurie Weir | California Public Employees’ Retirement System

Ash Williams | Florida State Board Administration

President & CEO

Nancy Sims | Robert Toigo Foundation