Nonprofit · EIN 13-3565420
ROBERT A TOIGO FOUNDATION
Tax-exempt · OAKLAND, CA 94607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $3,732,622 | $4,361,676 | -$629,054 | $4,776,533 | $412,289 | $4,364,244 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,078,654
- Program service revenue
- $518,404
- Investment income
- $76,454
- Net income from fundraising events
- -$941,161
- Other revenue
- -$940,890
Expenses
- Grants and similar amounts paid
- $80,500
- Compensation of officers, directors and key employees
- $494,667
- Other salaries and wages
- $714,104
- Salaries, compensation and benefits (total)
- $1,380,068
- Professional fundraising fees
- $0
- Legal fees
- $598
- Accounting fees
- $202,501
- Occupancy
- $170,260
- Travel
- $277,517
- Depreciation
- $42,279
- Program services (functional)
- $3,412,932
- Management and general (functional)
- $526,816
- Fundraising (functional)
- $421,928
Balance sheet and other
- Total assets, start of year
- $5,555,939
- Total assets, end of year
- $4,776,533
- Total liabilities, end of year
- $412,289
- Net assets, end of year
- $4,364,244
- Land, buildings and equipment
- $89,836
- Net assets without donor restrictions
- $3,506,783
- Net assets with donor restrictions
- $857,461
- Gross receipts
- $5,304,609
- Employees
- 10
- Volunteers
- 100
- Year formed
- 2000
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NANCY A SIMS | PRESIDENT Officer | 70 | $468,123 | $26,545 |
| SHANNON HOWELL | DIRECTOR OF TALENT ACCESS Highest-paid employee | 40 | $147,443 | $35,824 |
| SHAKEEL BHATIA | DONOR RELATIONS MANAGER Highest-paid employee | 40 | $140,611 | $24,354 |
| TREVOR WELCH | SENIOR PROGRAMMING COORDINATOR Highest-paid employee | 40 | $108,500 | $7,179 |
| NORAH SUISALA FILIVAA | ADMIN ASSIST/OFFICE MGR Highest-paid employee | 40 | $103,100 | $9,147 |
| MARK MCCOMBE | CHAIRMAN (Thru 5/2024) Trustee or director, Officer | 0.5 | $0 | $0 |
| JOSE MINAYA | Chairman (start 5/2024) Trustee or director, Officer | 0.5 | $0 | $0 |
| JAY FERGUSON | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DHVANI SHAH | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| SUE TOIGO FOUNDER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARK ANSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JASE AUBY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOSTON BRADLEY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KEITH CAHILL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARY CAHILL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT CHAN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOHN CLAISSE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MICHAEL DELANEY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOSE E FELICIANO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOSE FERNANDEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| FRAN HIGGINS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| STEPHANIE IVY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KATHRYN KOCH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| BRYAN LEWIS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| EDWARD LEWIS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TANAKA MASWAOSWE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| BARRY MILLER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JANICE COOK ROBERTS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| STEVE MARTINEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ROBERT O'LEARY | BOARD MEMBER (start 10/2024) Trustee or director | 0.5 | $0 |
| IVELISSE SIMON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KELLI WASHINGTON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| Marcie Frost | Board Member Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 555 12TH STREET, OAKLAND, CA 94607-4046
- In care of
- % NANCY SIMS
- Principal officer (990 for 2024)
- NANCY SIMS, 555 12TH STREET SUITE 275, OAKLAND, CA 94607
- Signed the 990
- NANCY SIMS, PRESIDENT & CEO
- Phone
- (510) 763-5771
- Return prepared by
- WITHUMSMITHBROWNPC
Mission
Our mission is to shape the future of finance by developing leaders whose innovation, investment excellence, and human-centered leadership advance the industry and its adjacent sectors.
Program accomplishments
- As part of its 35th Anniversary milestone, the Toigo Foundation proudly welcomed a new cohort of young professionals into its Milestone Class, selected from an applicant pool of 253 finalists. These future leaders represent a broad spectrum of finance-focused graduate students committed to careers in investment, advisory, and asset management. In alignment with our strategic goals and continued innovation in candidate engagement, the Foundation invested $[$11,731] in the development and implementation of a new applicant platform and customer relationship management (CRM) system. These tools were designed to capture applicant and student data, foster a sense of community, and provide employers with direct access to talent through job postings and curated career-focused events. The system also features integrated video content, targeted candidate assessments-particularly around coachability-and robust applicant reporting dashboards. The Foundation launched the "Catapult" program as the first-tier industry education event, hosted virtually over 2.5 days to accommodate the financial and time constraints of today's graduate student population. Delivered via a high-functioning virtual event platform, the program included general sessions, skill-building breakout groups, chat forums, and structured networking spaces-creating a rich, accessible learning experience. From this broader group, [60] students were selected as our final Toigo Legacy Fellows and invited to attend an in-person onboarding event held in New York. This immersive experience provided deeper program orientation, exposure to senior industry executives, and a realistic preview of graduate school expectations in the context of their Fellow responsibilities. The Fellows were also recognized during Toigo's annual industry dinner, further elevating their visibility and affirming their accomplishments. To support students' career preparedness, the Foundation engaged a team of subject matter experts who delivered individual and group sessions focused on self-assessment, navigating a competitive job market, and managing priorities during graduate studies. In addition, our signature APEx (Advancing Professional Experience) leadership development events continued to serve as critical in-person programming, welcoming 150 students for two days of master classes centered on executive presence, communication, and strategic thinking. Participants also took part in coaching engagements and technical workshops tailored to current market demands. Toigo's Learning Intensive in Alternatives was expanded in 2024. The program now includes three sector - focused tracks that offer deep dives into specific investment strategies. Students participated in team-based investment presentations, national case competitions, and coursework aligned with preparation for industry-recognized certifications. The Foundation's financial investment in curriculum design, contractor-led instruction, and asset-class specialization enabled the creation of a scalable, high-value program. Finally, through the Foundation's proprietary Talent Management Portal, members of the Class of 2025 and Class of 2026 gained immediate access to internship and full-time job opportunities from leading financial services firms. This portal serves as an essential bridge between education and employment, underscoring our commitment to creating pathways to leadership in the investment profession.Expenses $1,807,601 · grants $80,500 · revenue $241,090
- The Foundation's success in identifying and developing next generation leaders for careers in Finance was celebrated in several ways in 2024. The impressive group of past participants - referred to as alumni exemplify the success of Toigo's work and their own leadership impact with Finance. The Foundation retained a noted journalist to interview 30 alumni to present their viewpoints on investment markets, areas of their expertise and amplification of Toigo. These were produced and posted on social media. Additionally, 35 individuals were showcased for their excellence in their careers, their stewardship of the non-profit and their bright futures ahead. Two successful convening events were hosted in 2024 drawing in the investment community in celebration of the non-profits 35 years of service and impact. Details which surround two celebrations hosting a total of 1,600 professionals was a testament to the deep relationships established and the marker of excellence. The dinner program featured prominent authors and industry notables; followed by a gathering of past participants and guests. Each dinner event was preceded by an industry gathering of approximately a total of 250 guests to discuss critical topics which impacted the mission of the Foundation and its talent. Representatives from the plan sponsor and asset management community; past Toigo participants; board members and investment community.Expenses $1,397,230 · revenue $198,457
- In 2024, the Toigo Foundation enhanced its career advancement and corporate engagement services through a strategic platform branded as ToigoPRO (Professional Recruiting Opportunity). This initiative was designed to heighten visibility and access to employment opportunities for Toigo's highly talented candidate base while supporting corporate partners in identifying and engaging top-tier, talent for positions across financial services. Key investments were made in the redesign and enhancement of the talent website, creating a more accessible and user-centric portal for both job seekers and employers. The platform now supports streamlined application processes, increased visibility of job postings, and a dynamic presentation of candidate profiles for networking and interview consideration. These updates helped bridge critical connections between Toigo talent and leading firms seeking high-caliber professionals. To further amplify these efforts, the Foundation dedicated financial and operational resources to expand employer sponsorship tools, increase social media promotion, and host both virtual and in-person recruiting events. These activities included employer-led webinars that highlighted firm culture, investment strategies, and hiring needs. For MBA students participating in Toigo's programs, the Foundation launched an online talent portfolio platform that enables students to showcase their skills, career aspirations, and availability to apply for internships and full-time roles. This platform, combined with curated job listings and exclusive employer webinars, provided students with structured opportunities to engage with potential employers early and meaningfully. Additionally, a series of Talent Management workshops and educational podcasts were introduced, equipping participants with practical tools to navigate the competitive employment market. Topics included resume development, networking strategies, and compensation negotiation-all tailored to support the advancement and long-term success of Toigo alumni and current program participants. Through these multi-pronged efforts, the Toigo Foundation deepened its role as a trusted talent development partner within the financial industry, reinforcing its mission to support future leaders and expand career pathways.Expenses $208,101 · revenue $78,857
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3565420
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $4,776,533
- Income (IRS master file)
- $5,304,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $3,194,233 | $4,756,575 | $5,555,939 | IRS |
| 990 | December 2022 | $4,408,859 | $3,561,689 | $7,230,304 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about ROBERT A TOIGO FOUNDATION
- What is the EIN of ROBERT A TOIGO FOUNDATION?
- The employer identification number (EIN) of ROBERT A TOIGO FOUNDATION is 13-3565420.
- Is ROBERT A TOIGO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to ROBERT A TOIGO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROBERT A TOIGO FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ROBERT A TOIGO FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROBERT A TOIGO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ROBERT A TOIGO FOUNDATION?
- The 990 for the year ended December 31, 2024 names NANCY SIMS.
- Who are the officers and directors of ROBERT A TOIGO FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 33 people; 5 received compensation from the organization, the highest $468,123 (NANCY A SIMS, PRESIDENT).
- How much revenue does ROBERT A TOIGO FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,732,622, expenses of $4,361,676 and total assets of $4,776,533 at year end.
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