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SSENISUB UNUSUAL new rules. new results.

Robert Toigo Foundation ANNUAL REPORT


Business Unusual…reflects a new time in our lives, in our industry and in our nation. For business enterprises— whether global corporate, emerging managers or non-profit—these times required greater innovation and transformation to meet increasing demands for service and results. 2012 was a year of formidable transformation within the Finance industry—and for Toigo. As a non-profit solely dedicated to a world-changing business sector, our work to sustain our mission obligated us to respond to mounting requirements to critically examine the manner in which we operate to ensure continued stakeholder value, relevance and impact. At the heart of Toigo’s success are the relationships and partnerships we have forged over the years—fueled by a brand of excellence, service and transparency—tools which allowed our strategies for 2012 to result in the achievement of programmatic objectives despite the challenging landscape. Demonstrating the agility to thrive during these times, we—once again—showcased our skillful ability to manage through uncertainty while positioning ourselves to take full advantage of the opportunities the “new normal” would present for talent and for greater multicultural perspectives in years ahead.

Nancy A. Sims President & CEO Toigo Foundation


Business Unusual meant a shift from aggressive program expansion‌(as announced in 2011) to emphasis on core programming in 2012—especially given the uneven state of both charitable giving and the employment landscape. Toigo executed skillfully amidst an uncertain donor environment to fulfill its commitment to deliver direct programming benefitting its Fellows and Alumni and conservative expenditure of costs for management and administration and indirect programming.

Direct Progr am Expenses

81%

Management & Admin istr ation

14%

INDIRECT Expenses

5%


Robert Toigo Foundation / 2012 ANNUAL REPORT / 2


At the core of the Toigo network are Toigo Fellows and Alumni… Now more than 1,000 strong.

Pictured top left

Founder & Head of Strategic Alliances Gilt Group “By opening its doors to me, Toigo has made it possible for me to take an active part in the invaluable community of diverse business executives and leaders.”

Pictured bottom left

Director Clarion Partners “I am incredibly grateful for the contribution Toigo has made to my life, both professionally and personally. It was via Toigo that I ended up at Clarion Partners, where I’ve now been thriving for nine years.”

Pictured bottom right

Investment Officer Employees’ Retirement System of the City of Dallas “The Toigo Family is an extended one, full of people who want to see your success, pay it forward, and give back.”

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So what does Business Unusual mean for next generation leaders …and their vision of their respon­­ sibility to help reshape and rebuild a new model of leadership grounded in a commitment to community and social enterprise—while maintaining a focus on growth and opportunity? Toigo continued to inform, support and promote the ongoing educational and career development of our talent through our Education and Toigo Institute Programming offering practical learning, information exchange and networking, and high-touch career management. Through a variety of innovative channels, we aligned our programming with the needs of the talent we serve, and the requirements of our partners to forge new pathways for learning, skill building, and career opportunity.

Learning & Opportunity As the Finance industry transitioned from the market downturn, there was an almost-simultaneous introduction of new business ventures, restructuring of traditional models and the expectation for new talent, skill and global perspective. For the MBA, doors were opening to career possibilities not previously available coupled with a need to bolster traditional skills with a greater emphasis on knowledge of global markets, new investment strategies and models, and advanced quantitative and management skills. Through our APEx programming, Toigo helped MBA students assess the right focus for career complemented by critical mentoring and career guidance to help realize those goals. Toigo introduced students to experts—most prominently Toigo Alumni—across a variety of investment sectors to educate and inform on the latest trends in the market and careers on the rise. We presented tools for building requisite skills in traditional areas of Finance as well as in burgeoning areas such as social impact investing, emerging markets and public service—all of which resonate with a generation who aims to leverage their finance skills to create a double bottom line impact—their daily work impacting communities in meaningful ways.

Robert Toigo Foundation / 2012 ANNUAL REPORT / 4


Learn More: http://www.toigofoundation.org/Toigo-Fellowship Become a Mentor: http://www.toigofoundation.org/Mentor

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So what does Business Unusual mean for today’s leaders…for the individuals assuming responsibility for ensuring their organizations’ sustainability and growth? How are they preparing their organizations to address the challenges and expectations that may arise?

Power the Network To support the critical needs of our post-graduate population—many of whom are senior leaders within the organizations where they work or are emerging as owners of their own business enterprises—Toigo supported forums and events for senior level exchange on industry issues and provided increased support to those adversely affected during this time (through coaching and creating opportunities for networking— essential for re-engagement and retention). For those in job transition, the services provided through ToigoPRO™ offered invaluable comfort, counsel and contacts to accelerate re-entry into the industry.

Robert Toigo Foundation / 2012 ANNUAL REPORT / 6


Robert Toigo Foundation / 2012 ANNUAL REPORT / 8


Business Unusual stimulates industry dialogue. …To further enhance our potential for impact, we focused the Toigo lens on change and new leadership priorities before an audience of more than 800 at our 2012 Annual Gala. Legendary journalist Ted Koppel led a thought-provoking panel discussion on new paradigms of leadership. Four prominent industry leaders—Molly Ashby, Mellody Hobson, Larry Schloss and (Toigo Alumnus) Shundrawn Thomas—joined the panel to share their views on what individuals and organizations are doing to keep the spirit and purpose of their work alive. The magic of the Toigo network was evident in a room packed with a who’s who of industry leaders and top firms—all brought together to engage one another in discourse on issues impacting us all.

Learn More:

www.toigogala.org

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Business Unusual—a time of reflection. …The passion for giveback took shape in 2012 through the efforts of Toigo Alumni to form a separate 501(c)3 to build a legacy of leadership for the Toigo MBA Fellowship. The fund—which started with pledges totaling $400,000—continues as a vibrant effort and symbolic statement of the enduring respect and belief in the mission shared by those who have benefitted from the program. As the Foundation’s newest donor, grants awarded support the funding of scholarships and select programming that fosters continuing education of Alumni. “It was my great honor to be able to repay the wonderful gift that this organization gave me. I am humbled by the Foundation’s commitment to helping others and everything Toigo has achieved for our industry.”

Learn More:

Robert Toigo Foundation / 2012 ANNUAL REPORT / 10

http://alumniendowment.toigofoundation.org


Business Unusual further amplified the increased attention to women in leadership…the desire for the next generation to benefit from the wisdom and insight of those who have already achieved significant success—and the responsibly of established leaders to inspire those who are poised to follow in their footsteps. The Toigo Institute’s Groundbreakers Women in Leadership Summit has created a unique setting for women across industries, ethnicities, age groups, and years of experience to have audience with luminaries as keynote speakers, panelists and workshop leaders. The result: cross-generational mentoring, business development, and engagement on topics from women on boards, to entrepreneurship, to cross-cultural dynamics and more. Praised by several media outlets as the first event of its type, Groundbreakers—which also features Toigo Alumnae as next-generation leaders—has now become an annually anticipated opportunity for an audience of women nationwide.

Appearing left to right

Abigail Disney

(Filmmaker and Philanthropist)

Featured as one of four “In the Lead” keynotes.

Toigo Alumna Nicole Pullen-Ross

(Columbia 1999—Managing Director, Goldman Sachs)

Kicked off the Summit with a rousing welcome.

Gwen Ifill (Moderator and Managing Editor, Washington Week—Senior Correspondent and Co-anchor,

PBS NewsHour)

One of the many highlights of the Summit was the opportunity to hear from this groundbreaking journalist.

Lisa Garcia Quiroz

(Chief Diversity Officer and Senior Vice President, Corporate Responsibility, Time Warner Inc.)

Introduces keynote and event moderator Gwen Ifill.

Learn More:

http://groundbreakers.toigofoundation.org

Robert Toigo Foundation / 2012 ANNUAL REPORT / 12


Business Unusual calls for…a board of directors to focus actively on the issues and challenges the organization is facing. Benefiting from a well-established discipline of governance, the caliber of the membership, systematic rotation of members and the responsibility assumed by each to engage with objective and critical thinking, Toigo’s Board of Directors represents the highest standards of governance, diversity and oversight. This allowed for key decisions and directives which supported the strategies and goals of the organization to remain forward-thinking in 2012. In 2012, we honored Marcos Rodriguez (Palladium Equity Partners) for seven years of service as the chairman of the board and his passionate advocacy of the Toigo mission. At the 2012 Gala, Marcos officially passed the gavel to new board chair David Marchick (The Carlyle Group)— who enthusiastically accepted the mantle of responsibility to carry forward the success created during Marcos’ tenure.

Robert Toigo Foundation / 2012 ANNUAL REPORT / 14


TOIGO Board of Directors 2012 Founder

Sue Toigo

Fitzgibbon Toigo Associates

Executive Officers

Chairman Vice Chair Treasurer Secretary

David Marchick Denise Nappier Win Neuger Andrea Beldecos

The Carlyle Group Treasurer, State of Connecticut PineBridge Investments UBS AG

Governing Board

Dan Allen Stuart Bernstein Mary Cahill William Cobb David Fann Jay Ferguson Jose Fernandez Susan Graham Carla Harris Eric Holoman Troy Jenkins Kate Jonas Henry Jones Terry L. Jones Katherine A. Lehman Melvin Lindsey Victor MacFarlane Carlyle Peake Shaka Rasheed Janice Cook Roberts Marcos A. Rodriguez Howard Sanders Shelley Ilene Smith Jim Williams Kelly Williams

State Universities Retirement System of Illinois Teacher Retirement System of Texas Emory University Church Pension Fund TorreyCove Capital Partners Vicente Capital Partners (and Toigo Alumnus) StepStone Group Ernst & Young LLP Morgan Stanley Magic Johnson Enterprises CB Richard Ellis Investors BlackRock California Public Employees’ Retirement System Syncom Management Company, Inc. Lincolnshire Management, Inc. Artio Global Investors MacFarlane Partners BBVA Citadel (Toigo Alumnus) Kohlberg Kravis Roberts & Co. Palladium Equity Partners, LLC (Outgoing Chair—June 2012) Auldbrass Partners GrayShell Consulting Getty Trust Credit Suisse

Advisory Board

Christopher J. Ailman Joe Alejandro Solange F. Brooks Moctesuma Esparza John C. Liu Lisa Mazzocco Anne Stausboll Scott Stedman Ash Williams Paul R. Yett

California State Teachers’ Retirement System Patrolmen’s Benevolent Association California State Teachers’ Retirement System Maya Entertainment Office of the New York City Comptroller University of Southern California CalPERS Yucaipa Companies Florida State Board Administration Hamilton Lane Advisors

President & Ceo

Nancy Sims

Robert Toigo Foundation

Annual Report Design by Curran & Connors, Inc. / www.curran-connors.com


The Robert Toigo Foundation 180 Grand Avenue, Suite 450 Oakland, CA 94612 (510) 763-5771 www.toigofoundation.org

Tax ID: 13-3565420

Toigo 2012 Annual Report  
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