Friends of TOMS

Friends of TOMS is a now-defunct international development charity that existed between 2006 and 2012 as an adjunct charity to TOMS Shoes’ “One for One” program which provided free shoes in developing countries. The organization worked to collect shoes for donations also assisted in funding treatment for podoconiosis, a foot disease that causes severe swelling. The group appears to have been set up in part by the left-of-center New Venture Fund, which registered Friends of TOMS as a trade name in 2006. It closed in 2012. 1  2

At-A-Glance

Website:

www.friendsoftoms.org

Headquarters:

3025 Olympic Blvd Studio C

Tax-Exempt Status:

501(c)(3)

Formation:

2006

Executive Director:

Thomas Blake Mycoskie

Tax ID: 20-5555180
Most Recent Filing: 2009
Budget (2009): Assets: $88,104 Revenue: $351,470 Expenses: $171,340

Contents

    Founding and History

    Friends of TOMS was registered as a trade name by the left-of-center New Venture Fund, managed by the consulting firm Arabella Advisors, in October 2006. This appears to have been done to facilitate the creation of a nonprofit that would run in conjunction with TOMS Shoes’ charitable initiative to provide one pair of shoes to children in developed countries for every pair the company sold, known as the One for One program. Friends of TOMS appears to have been created to expand the company’s charitable reach by administering shoe drives, primarily across the United States, for people to contribute shoes for distribution. The organization shut down in 2012, distributing its assets and ceasing operations. 2  3  1  4

    The trade name expired and was not renewed by the New Venture Fund in October 2008. 2

    Finances

    In its last year of existence, 2012, Friends of TOMS reported $5,794 in revenue, all of which came from grants and contributions. It reported $127 in expenses. It began the year with $129,475 in net assets, which were liquidated when the organization ceased operations. 4

    In 2014, the New Venture Fund reported a grant of $25,000 for environmental programs to Friends of the Earth. However, the New Venture Fund seems to have incorrectly listed the group’s EIN number as being 20-5555180, which is the number for Friends of TOMS, rather than 23-7420660, which is friends of the Earth’s EIN number. By that time, Friends of TOMS was defunct. 5

    Organization Philosophy

    Friends of TOMS was an outgrowth of the TOMS Shoes “One for One” program that distributed a pair of shoes in developing countries for every pair of TOMS shoes that was purchased. The program is aimed at poverty alleviation. However, the program has come under fire by critics of the current development-aid paradigm as being rooted in a paternalistic conception of poverty that fails to adequately consider why people are in need of shoes and unable to acquire them, and is ultimately a perpetual program rather than one aimed at generating a solution to poverty. 6  7  3

    Projects and Initiatives

    The main project of Friends of TOMS was a Shoe Drop program that collected shoe donations from around the U.S. and distributes the collected shoes with the donated TOMS shoes. The group also worked to facilitate the treatment of podoconiosis, a debilitating foot disease that is common in some developing countries. 1

    Leadership

    The head of the board of Friends of TOMS was Thomas Blake Mycoskie, the founder and face of TOMS Shoes. Mycoskie is no longer involved in the company and does not own any shares, having transferred them when the company was taken over by creditors in 2020. He faced criticism for allegedly having a paternalistic attitude toward people in developing countries and for not fully understanding the effect that his charitable contributions had on developing communities. Notably, research commissioned by TOMS found that children who were gifted shoes developed a more dependent attitude on outside aid, in contrast to self-provision. Research also found that TOMS donations had an undermining effect on local shoe sellers and manufacturers. 8  7  6

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2009 $88,104 $351,470 $171,340 View
    2008 $93,334 $247,386 $193,362 View

    Prior year filings: 2011

    Revenue Detail

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $16,850
    • Number of Grants: 1
    • Number of Funders: 1

    References

    1. “Friends of TOMS.” Archived from the original April 21, 2010. Accessed August 18, 2025. https://web.archive.org/web/20100421203714/http://friendsoftoms.org/.
    2. “New Venture Fund  | Department of Licensing and Consumer Protection.” DC.gov. Accessed August 18, 2025. https://corponline.dcra.dc.gov/BizEntity.aspx/ViewEntityData?entityId=2689437. 
    3. “A Revolutionary Business Model. How Did the One for One Model Started?” Ourgoodbrands. January 4, 2018. https://ourgoodbrands.com/one-for-one-model-started-revolutionary-business/. 
    4. Friends of TOMS. Return for an organization exempt from taxation, (Form 990) 2012, Part I.
    5. New Venture Fund. Return for an organization exempt from taxation, (Form 990) 2014, Schedule I.
    6. Miller, Michael Matheson, dir. Poverty, Inc. Acton Institute, 2014. DVD. 
    7. Wydick, Bruce. “The Impact of TOMS Shoes.” Across Two Worlds. March 16, 2015. https://www.acrosstwoworlds.net/the-impact-of-toms-shoes-on-kids/.
    8. Unglesbee, Ben. “Toms Shoes Creditors Take Ownership of the Company.” Retail Dive. January 2, 2020. https://www.retaildive.com/news/toms-shoes-creditors-take-ownership-of-the-company/569685/.