A COMMITMENT TOOUR COMMUNITY
Client Spotlight - Tony Toohey
Growing up in a blue-collar family in Daly City, Tony Toohey never thought of getting a Master’s degree or owning multiple dealerships; he assumed that his path was paved with those same blue-collar milestones. His first move on the road less travelled began at SF State where he received a degree in accounting in 1979. He then worked for what is now KPMG, one of the Big Four accounting organizations, for three years before entering the auto industry.
A local car dealer was looking for a CFO and Tony decided to reroute his path, still utilizing his financial acumen and accounting expertise from his education and prior work experience. After five years as CFO of that dealership he realized his passion and shifted his interest to becoming a dealer. Tony spent five years learning the ropes and getting familiar with all operations.
In 1993, he bought minority interest in Auburn Toyota with Bernie Magnussen and over the next 15 years he bought more and more of the store culminating in January 2016 when he completely bought out Magnussen while simultaneously buying Auburn Chrysler Dodge Jeep Ram. Though both were bought in 2016, Tony had been managing Auburn Toyota since 1993. He is now a veteran of the auto industry and runs both dealerships with the help of his children and son-in-law. Together they have created a high-functioning management team transitioning towards a family-run structure. Tony is happy to share the knowledge and work with his family and to see them thriving with the new responsibility. Their help gives him more time to do some of the things he loves such as spend time with his wife of 41 years and his kids and grandkids, golf, swim, and travel (less so now due to COVID).
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VOLUNTEER SPOTLIGHT
This Giving Tuesday, Karp Capital chose to continue to support one of our local charitable organizations, the San Francisco Marin Foodbank. Giving Tuesday is a global day of ‘giving’ usually celebrated the first Tuesday after Thanksgiving, however this year was celebrated May 5th as an emergency response to COVID-19. Food insecurity grew greatly as unemployment reached record-breaking numbers. People no longer had an income to provide for their families adding to the already massive community that the food banks have been providing for consistently.
We aided the San Francisco Marin Food Bank’s Giving Tuesday venture by donating over 2,000 meals to our food-insecure neighbors. In the past we have been able to see the difference of our philanthropic work with them by working in the warehouse and sorting through thousands of pounds of food. However, in order to stay responsible and keep our community safe and healthy we chose to help from home. Food banks all over the country took action on Giving Tuesday and matched donations and meals and provide for those affected by the economic turmoil caused by the Coronavirus outbreak.
CHARITIES WE SUPPORT
Becoming Independent — also known as BI — helps people with developmental disabilities live meaningful and productive lives. We are a nonprofit community benefit organization serving Sonoma, Napa and Solano counties with a purpose of elevating human abilities for the mutual benefit of our Community.
The Women’s Daytime Drop-In Center (WDDC) is a 501 (c)(3) non-profit program, in the San Francisco Bay Area, empowering women and children to move from the streets to a home by providing ongoing and intensive counseling, case management services, daily support groups, a comprehensive children’s program, a variety of referral services, and a transitional housing program for four single parent families.
Headlands Center for the Arts is a multidisciplinary, international arts center dedicated to supporting artists; the creative process; and the development of new, innovative ideas and artwork. Headlands artists programs support artists of all disciplines—from visual artists to performers, musicians, writers, and videographers.
Venetia Valley School Foundation to help access desperately needed resources. The families of Venetia Valley do not have the resources to pay for necessary programs. The future of these kids requires investment and the vision and generosity of individuals and foundations keyed in to changing demographics.
The SF-Marin Food Bank has been servicing the Bay area for over 30 years. Their goal is to end hunger in San Francisco and Marin. The Food Bank feeds over 140,000 per week and continue to work towards closing the gap and filling 35 million ‘missing’ meals.
MEMBERSHIPS
San Francisco Trial Lawyers Association (SFTLA) promotes civil justice through education and trial advocacy. For over fifty years, SFTLA has served the needs of the plaintiff’s bar.
Delivering over 100 programs annually, the association is dedicated to connecting human resources professionals with practice resources, leading California-specific training, legal and legislative developments.
The Sausalito Chamber of Commerce Promotes, Represents & Supports Sausalito Businesses and Residents Providing Referrals, Networking & Marketing Opportunities.
The National Association of Plan Advisors, an affiliate organization of the American Retirement Association, was created by and for retirement plan advisors.
WITH 25+ YEARS OF EXPERIENCE IN THE FINANCIAL SERVICES INDUSTRY, THE KARP TEAM IS UNCOMPROMISING IN THEIR COMMITMENT TO HELP YOU REACH YOUR INVESTMENT GOALS.
