Improving Lives Through Education

The O’Toole Family Foundation was founded on the belief that education improves lives. Our focus is on improving educational opportunities and institutions through scholarship, facility, and endowment grants. Terry received a Presidential Scholarship to attend Villanova University tuition-free and believes in giving back to his alma mater, including through his personal leadership as a former chairman of its Board of Trustees and former co-chair of its recent $750 million capital campaign.

Scholarship Fund for Inner-City Children

Scholarship Fund for Inner-City Children in New Jersey

The Foundation works with The Scholarship Fund for Inner-City Children based in the Archdiocese of Newark, NJ to provide tuition support to children in need with the opportunity to receive a high-quality, values-based education in a nurturing and safe environment.

Since 2010, the O’Toole Family Foundation has provided grants for partial-tuition scholarships for economically disadvantaged children attending private and parochial schools within Bergen, Essex, Hudson and Union counties in New Jersey. More than 100 grants have been given since the inception of the Foundation’s partnership with the Scholarship Fund.

Recipient of the Scholarship Fund for Inner-City Children.

The O’Toole Family Presidential Scholarship at Villanova University

Building on its work with The Scholarship Fund for Inner-City Children, The Foundation established a Promise Scholarship program at Villanova University in 2013. Every year, the O’Toole Family Presidential Scholarship identifies two academically successful students in their junior year of high school who are receiving support from the Scholarship Fund for Inner-City Children and attending an Archdiocese of Newark parochial high school. The Scholarship enables students to continue their education at Villanova University, providing full coverage of tuition, room and board, books, supplies, and other incidentals. A unique aspect of the program is its “Promise Scholarship,” in which Villanova provides a range of support services to O’Toole Family Presidential Scholars while they are still in high school to prepare them for the rigors of attending Villanova as members of its Honors Program. From its inception through the end of the 2021 academic year, Villanova has awarded 20 O’Toole Presidential Scholarships. The Founation’s grant to Villanova’s endowment is designed to fund the Presidential Scholarship program in perpetuity.

Recipient of the O’Toole Family Presidential Scholarship

For the Greater Great: The Villanova Campaign to Ignite Change

As co-chair of the Villanova University capital campaign, “for the Greater Great: The Villanova Campaign to Ignite Change,” Terry was instrumental in the most ambitious and successful fundraising initiative in the University’s 176-year history. With more than 7500 donors and $750 million raised, the campaign has already increased student opportunities and financial aid, advanced the academic enterprise, transformed the campus environment, and helped fortify the University’s future. For his work with the campaign and his dedication to improving educational opportunities for Villanova students, Terry was awarded the honorary Doctor of Commercial Science degree at the 2018 commencement.



$750 million


William and Helen O’Toole Dean of the Villanova School of Business Endowment

In 2002, The Foundation endowed the William and Helen O’Toole Dean’s Chair at the Villanova School of Business in honor of Terry’s parents.

The endowment supports the Villanova School of Business’ aim to continue building academic and faculty excellence.

Stanford University Graduate School of Business

In 2008, The Foundation provided a grant for new business school campus facilities and established an endowment for the O’Toole Family Faculty Fund.

The endowment enables Stanford University to continue to recruit and retain the finest professors in the world, enabling the university to continue its rich history of providing academic excellence to its students. In 2016, The Foundation also contributed funds to the New Student Resident Fund, supporting a new residence hall to be built in honor of Professor Jack McDonald, with whom Terry taught as a visiting lecturer at Stanford University Graduate School of Business for more than 25 years.


The Foundation supports the Pingry School, a K-12 institution located in New Jersey. Terry served as a Trustee from 2005-2011, and Maggie became a Trustee in 2017. The Foundation provided grants for Pingry’s capital campaigns in 1998, 2001, and 2012.