John E. Toffolon Jr. Passed Away on April 26, 2022

By the family

May 4, 2022: John E. Toffolon Jr. passed away peacefully on April 26, 2022, after fighting a courageous battle against cancer. He was surrounded by his beloved wife of 41 years, Joan, and his beautiful daughters Ashley and Allison.

Born in Hartford, CT to Barbara and John E. Toffolon, he spent his childhood years in Riverton, CT. He graduated from the Fordham University Gabelli School of Business with a B.S. in Finance in 1973, and an M.B.A. in 1977.

John had an outstanding career in investment banking. He worked at the Federal Reserve Bank of NY, The First Boston Corporation as Managing Director and CFO, Nomura Securities International as Executive Managing Director and Chief Financial and Administrative Officer. He served as Chairman of the Board of Directors at Cowen Group, Inc., Chairman of the Audit Committee of the Westway Group, Inc., and a member of the NY Stock Exchange Surveillance Committee.

An ardent supporter of education, John gave his time and talents to the institutions he highly valued. He served as Trustee of Fordham University and then a Trustee Fellow. He was a Co-Founder of the Fordham Basketball New Era Fund and a major supporter of Fordham’s student scholarships and men’s and women’s basketball. He also was on the Board of Trustees at the Berkshire School in Sheffield, MA where his two daughters attended high school. As a resident of Bronxville for 30 years, John was a supporter and champion of many local organizations.

John was an avid golfer, loved the game, and was a member of Siwanoy Country Club, Bronxville, Atlantic Golf Club, Bridgehampton, and Mid Ocean Club, Bermuda. Golf gave him the opportunity to develop close relationships with his colleagues and friends, something that was so important to him.

John lived life to the fullest and made an impact on the many lives he touched. He was a strong, caring, and generous individual, always available to offer counsel to family and friends and his quest for excellence was always apparent. John had many loves, but nothing could compare to his love for his family and his two daughters. He was always there to support them and cherished the moments he spent with them.

He is survived by his wife Joan, his daughters Ashley and Allison, his sister Penley Kidd (Douglas), his cousin Barbara Lee Koones, and many nieces and nephews.

Visiting hours are Wednesday, May 4 from 4:00- 8:00 PM at Fred H. McGrath & Son Funeral Home, Bronxville. Mass of Christian Burial will be Thursday, May 5 at St. Joseph’s Church at 9:45 AM. Interment will follow at Gate of Heaven Ceremony.

To view the live stream of the Mass, visit

In lieu of flowers, donations can be made in John’s memory to Fordham Basketball New Era Fund or Memorial Sloan Kettering Cancer Center.



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