OAKLAND, Calif., July 15, 2019 /PRNewswire-PRWeb/ -- The Toigo Foundation, a non-profit organization with a 30-year track record of supporting rising diverse leaders, announced today that Toigo alumnus José E. Feliciano and affiliated entities pledged $500,000 to fuel the organization's programs. The donation is a joint gift from the Kwanza Jones & José E. Feliciano SUPERCHARGED Initiative, a philanthropic grant-making and investment organization Mr. Feliciano founded with his wife, Kwanza Jones, and Clearlake Capital Group, a private investment firm he co-founded in 2006.
"Like any mission-driven organization and standout brand, Toigo strives to do great work and make a difference. When an individual who has benefitted from the organization's work gives back and commits time, energy and capital, that is strong affirmation that we are making a difference and having a meaningful impact. José's commitment is exemplary," said Nancy Sims, president and CEO of the Toigo Foundation. "As a board member, as a mentor, as an entrepreneur—and now as a major benefactor—José embodies what it means to be a Toigo Leader."
"Toigo has had a significant impact in my career trajectory and in the careers of many others. Under Nancy's leadership, Toigo has developed highly effective, scalable programs that foster and enhance the career advancement and increased leadership of underrepresented talent from the classroom to the boardroom," said Mr. Feliciano. "This donation will serve to accelerate and expand those efforts to reach a larger group of talented individuals that can benefit from the organization's leadership skills training as well as Toigo's unparalleled mentor and alumni network. Clearlake, Kwanza, and I are very excited to support Toigo's mission of promoting inclusion and diversity in leadership positions across all sectors, particularly in the financial services and private equity industries."
Mr. Feliciano was selected as a Toigo Fellow in 1998, when he enrolled in the Stanford Graduate School of Business, and he has served as a board member of the foundation since 2014. Mr. Feliciano was recently recognized by Toigo with an award, "Mission Possible: Impact," during the Foundation's annual Gala in June, which drew an audience of more than 1,200. Proceeds from the Gala exceeded $3,000,000 and will directly benefit the Foundation's work to support underrepresented leaders as they navigate and ascend in the financial world.
In addition to serving on the Toigo Foundation board, Mr. Feliciano serves on the board of directors of Robert F. Kennedy Human Rights, a foundation that works to support individuals, alliances, and organizations dedicated to improving human rights around the world. Mr. Feliciano also currently serves on the boards of directors of several portfolio companies of Clearlake Capital Group, a private investment firm with more than $10 billion of assets under management. The firm's core target sectors are industrials and energy; software and technology-enabled services; and consumer. The Kwanza Jones & José E. Feliciano SUPERCHARGED Initiative, which was founded to transform the world by positively powering possibilities for humanity and its future, invests in both nonprofit and for-profit ventures in four key areas: Education, Entrepreneurship, Equal Opportunity and Empowerment.
Mr. Feliciano graduated with High Honors from Princeton University, where he received a B.S. in Mechanical & Aerospace Engineering, and he received his MBA from the Graduate School of Business at Stanford University.
About the Robert Toigo Foundation
30 years of service and achievement in the promotion of advanced education and diversity in financial leadership. Launched in 1989, Toigo has directly supported more than 1,500 Fellows and works with 250+ organizations committed to inclusion. Toigo identifies the nation's brightest talent seeking to leverage their strong financial skills for careers across all sectors and industries.
The Foundation's reputation of excellence is rooted in dedicated service to the finance industry—to firms that have benefitted and those that seek to become engaged with the organization and its work.
SOURCE Toigo Foundation
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