The Inoyo Toro Foundation is one of the first Educational Foundations in Nigeria involved in the recognition of teachers by instituting the Annual Award for Excellence for Teachers in public schools as one of the ways to support educational development in Akwa Ibom State in particular and Nigeria at large.

The Foundation was founded in January, 2008 in response to the need for private sector involvement in eradicating poverty through education and by supplementing the efforts of Akwa Ibom state government to enhance the quality of education.