Overview
What is Robert A Toigo Foundation?
The Robert A Toigo Foundation, based in Oakland, California, is a nonprofit organization dedicated to inspiring change and fostering inclusive leadership, particularly in the finance industry. In response to the challenges posed by COVID-19, the foundation continued its operations by advancing remote learning through online courses, webinars, and networking sessions. This shift allowed the foundation to reach a broader audience, engaging corporate donors and providing career management support to a growing number of students. The foundation's MBA Fellowship program saw robust applications in 2022, with nearly 350 candidates vying for selection. Utilizing online tools, the foundation was able to assess candidates effectively and select 100 students for the program. By mid-year, the foundation resumed select in-person events, rekindling the spirit of connection and high-value learning opportunities. The foundation's programming supports the career advancement of talented individuals, offering leadership development, industry education, and career support throughout their MBA experience and beyond.
Official website here: www.toigofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Robert A Toigo Foundation has achieved an exemplary Four-Star rating from Charity Navigator, indicating a high level of accountability and financial transparency. This perfect score demonstrates the foundation's commitment to responsible financial practices, with a robust independent board and strong financial oversight processes in place. The foundation’s fiscal management appears to be sound, with a low liabilities-to-assets ratio and a commendable program expense ratio.
Strengths noted include a fully independent board of directors and comprehensive policies governing conflict of interest and whistleblower protections. The foundation has successfully maintained a diversified board with 25 independent members and has no reported material diversions of assets. These attributes contribute to the organization's overall credibility and effectiveness in fulfilling its mission.
While the data does not highlight any specific limitations, the focus on accountability and finance suggests the foundation may benefit from emphasizing its programmatic impact and outreach efforts in future communications. Overall, the Robert A Toigo Foundation exemplifies high standards in financial health and governance, positioning it as a trustworthy nonprofit in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Robert A Toigo Foundation?
100% of 7 reviewers on Facebook recommend the Robert A Toigo Foundation. Here is a summary of their reviews: The foundation receives high praise for its commitment to empowering women and fostering leadership opportunities.
Supporters appreciate the organization's focus on creating impactful programs that drive change and support underrepresented groups in leadership roles. Many emphasize the positive difference the foundation is making in the community and the lives of individuals it serves.
Overall, the sentiment surrounding the nonprofit is overwhelmingly positive, with users feeling confident in the organization's mission and effectiveness in delivering on its promises.
This AI summary has been generated from reviews found on Facebook.
Is Robert A Toigo Foundation legitimate?
Robert A Toigo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert A Toigo Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $384,771
Professional Fundraising Fees: $0
Other Salaries and Wages: $655,171
For more financial information, click here
Official website here: www.toigofoundation.org
What is the mission statement of Robert A Toigo Foundation?
The Robert A Toigo Foundation's mission is to inspire change and promote more inclusive leadership in various sectors, particularly finance. They achieve this by identifying and developing highly talented individuals, primarily women and men, during their MBA experience. The foundation's flagship program, the MBA Fellowship, identifies young professionals with high leadership potential who are committed to making a positive impact in their careers and communities. The foundation's programming provides leadership assessment and development training, industry education, and career support throughout the MBA programs and beyond, supporting the career ascent and retention of minority leaders. Additionally, the foundation's work promotes the benefits of inclusion within the finance industry and associated fields.
Official website here: www.toigofoundation.org
Who is the CEO of Robert A Toigo Foundation?
Nancy Sims is the President & Ceo of Robert A Toigo Foundation. The CEO's salary of Robert A Toigo Foundation is $381,446 and their total compensation is $406,817.
Official website here: www.toigofoundation.org
What is the revenue of Robert A Toigo Foundation?
Robert A Toigo Foundation's revenue in 2022 was $4,408,859.
Official website here: www.toigofoundation.org
Who are the executives of Robert A Toigo Foundation and what are their salaries?
The average compensation at Robert A Toigo Foundation during 2022 was $94,540. There are 11 employees and 91 volunteers at Robert A Toigo Foundation.
Here are 28 key members and their salaries (Robert A Toigo Foundation's CEO's salary is $381,446 and their total compensation is $406,817):
- Compensation: $381,446
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- Other: $25,371
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Official website here: www.toigofoundation.org
Where can I find the form 990 for Robert A Toigo Foundation?
Robert A Toigo Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.toigofoundation.org
Learn more at the official website: www.toigofoundation.org
Mission Statement of Robert A Toigo Foundation
The Robert A. Toigo Foundation aims to inspire change and advance more inclusive leadership in the finance sector and beyond. Their mission is to identify and nurture the leadership potential of highly talented individuals, primarily women and men, during their MBA experience. The foundation's work is built upon the achievements of nearly 2,000 alumni, who have gone on to contribute positively to their communities and careers in finance.
The foundation's flagship program is the MBA Fellowship, which recognizes young professionals with exceptional leadership potential at the beginning of their academic careers. The foundation supports these individuals throughout their MBA programs with leadership assessment and development training, industry education, and career guidance. This ongoing support continues as Toigo Alumni advance in their post-graduate careers, ensuring their continued success and impact in the finance industry.
In addition, the Robert A. Toigo Foundation promotes the merits of inclusion in the finance sector and related fields. By leveraging the impressive talents of its alumni, the foundation aims to make a positive impact on this vital industry, ultimately contributing to a more diverse and inclusive workforce.
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Impact
August, 2024
The Robert A Toigo Foundation's impact is centered on inspiring change and advancing more inclusive leadership in finance and beyond. Through its MBA Fellowship Program, the foundation identifies and supports young professionals with the greatest leadership potential, providing them with leadership assessment, industry education, and career support throughout their MBA programs and beyond. The foundation's efforts not only foster the career advancement of highly talented individuals but also promote the merits of inclusion in the finance industry and associated fields. In 2022, the foundation continued to address the challenges related to COVID by delivering remote learning opportunities, online coursework, webinars, and networking sessions, reaching a growing number of students and expanding its technical skills platform to include new programming in AI, Fintech, and digital infrastructure innovation. The foundation's commitment to developing diverse leaders and fostering a supportive community of alumni has a lasting impact on the finance industry and beyond.
This information is meant to be a general summary of Robert A Toigo Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,673
- Program Service Revenue: $444,293
- Gross Receipts: $5,637,773
Assets and Liabilities:
- Total Assets: $7,230,304
- Total Liabilities: $673,741
- Net Assets: $6,556,563
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOIGO INSTITUTE & PROF SERVICES
Revenue
$273,389
EDUCATION
Revenue
$72,975
CAREER & TALENT SERVICES
Revenue
$97,929
Organization Details
Founding Year
2000
Phone
(510) 763-5771Principal Officer
Nancy Sims
Main Address
555 12TH STREET SUITE 275, OAKLAND, CA, 94607
Website
www.toigofoundation.orgNTEE Category
Code: B82Z - Education
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