The Road Ahead
Drive and determination on the inclusion front are more critical than ever as we operate against the headwinds of narrow thinking and challenges that threaten to reverse progress in our country.
While sobering, business understands the value of an inclusive work environment. Study after study underscores the value. As Toigo has demonstrated over the past 30 years, diverse talent—future leaders—are at the ready.
The truth is, creating a culture of inclusion—and thereby establishing an organizational fabric where both cognitive and identity diversity thrive and drive measurable results—is extremely complex. The country knows this and, in many ways, companies are micro-cultures of this larger stage. The concern is that we are not thinking bold or big enough. One thought leader recently remarked that our current approaches to talent and inclusion have us “driving on the same roads.” We need to pave new roads. This is Toigo’s work.
“Toigo is honored to work with individuals and organizations with the courage and conviction to expand beyond what is familiar to what is possible.”
— Nancy Sims, President & CEO, Toigo Foundation
Toigo Impact
Non-profits operate in an increasingly measured world.
Toigo’s management team has a keen eye toward the mission-driven work we do, as well as the results and impact derived. Some outcomes are easily measured; others reflect broader goals toward ongoing engagement and awareness that fuel the continued success of the organization, the individuals we serve and all who support it.
1,400
highly selective, diverse professionals served via 5-star Fellowship program
400%
applicant increase since inception
$17M
Investment made in scholarships, industry education and skill-based training in support of diverse professionals
92%
remain in financial roles
150
Toigo Alumni serve on boards
Notable board roles include:
Board Member, Macy’s; Trustee, LACERA;
Trustee, Illinois SURS; Trustee, Northwestern University
300+ firms
model of service and programming to engage corporate partners
From the classroom to the boardroom, Toigo-powered initiatives support diverse leaders’ growth through the arc of their career resulting in stronger performance for both the individuals and the institutions they serve.
Toigo MBA Class 2019
With 94 rising leaders named as MBA Class of 2019 Toigo Fellows, Toigo is serving its largest combined class of 158 Fellows—evidence of the value of the Fellowship and life-long connection to one of the nation’s most active finance-focused alumni networks.
Reflecting the fact that diverse talent is not concentrated in a few very select schools, our class includes MBA candidates at more than 15 MBA programs nationally. The selection process is highly rigorous, with 500+ applicants. The range of professional experience included a mix of finance, engineer, consulting and more. In recruiting and selecting our fellowship class, Toigo encourages individuals committed to careers in finance and a commitment to a broader mission of change and leadership to apply. Each year, the diversity of experiences and qualifications gets richer, making our job of selecting next generation leaders a challenging and rewarding experience.
Gender Diversity
Ethnic Diversity
Institutional Engagement
Toigo’s work continues to be recognized both in and out of the finance arena for the highest form of quality, professionalism, accountability and mission-focus.
The art of balancing dynamic programming with a keen eye to cost and delivery is a proven Toigo skill. This approach has allowed the Foundation to extend its reach beyond the finance industry to other allied industries, as well as government, academia, media and entertainment and philanthropy.
Toigo’s message of Onward! was amplified through a historic and memorable fireside chat led by a Toigo Alumna with Former First Lady Michelle Obama at our annual Gala who shared timely, inspiring messages around ambition, vision, hope and commitment.
The evening reignited the spirit of members of the industry to focus forward with energy, enthusiasm and optimism that our collective and sustained work can drive the change we all seek to achieve. This is the embodiment of our ONWARD! theme.
Financials
Toigo’s annual financial statement reflects the greatest use of funds for the direct benefit of the rising leaders we serve.
Accountability & Transparency
Rating: 93
2017 Gold Seal for Transparency
2017 Toigo Board of Directors
Founder
Sue Toigo | Fitzgibbon Toigo Associates
Executive Officers
Chairman | David Marchick | The Carlyle Group
Co-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
Mark Anson | Commonfund
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
Heather Hammond | Russell Reynolds Associates
David A. Hunt | PGIM The Global Investment Management Business of Prudential Inc.
Troy Jenkins | Profit Investment Management
Henry Jones | California Public Employees’ Retirement System
Katherine A. Lehman | Hilltop Private Capital
Victor MacFarlane | MacFarlane Partners
Mark McCombe | BlackRock
Barry Miller | Landmark Partners
Jose Minaya | Nuveen TIAA Investments
Tony de Nicola | Welsh, Carson, Anderson & Stowe
Janice Cook Roberts | Kohlberg Kravis Roberts & Co.
Carlos Schonfeld | Capital International Research, Inc.
Erik A. Scott | Palladium Equity Partners
Dhvani Shah | Illinois Municipal Employees Retirement Fund
Jack Thayer | Exelon Business Services Co, LLC
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, Inc.
Alex Doñé | New York City Office of the Comptroller
David Fann | TorreyCove Capital Partners
Dick Ingram | Teachers’ Retirement System of the State of Illinois
Josh Kawaii-Bogue | California State Teachers’ Retirement System
Lisa Mazzocco | University of Southern California
Scott Stedman | The Yucaipa Companies
Scott Stringer | New York City Office of the Comptroller
Ash Williams | Florida State Board Administration
President & CEO
Nancy Sims | Robert Toigo Foundation