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Education : Adult Education Programs and Services

The Forte Foundation

Motivating young women to prepare for a business career

one star

69.62

9600 Escarpment Suite 745 PMB 72
Austin, TX 78749
tel: (512) 535-5157   Web Site
EIN: 61-1457145

Board Leadership
Elizabeth M. Philipp
Board Chair

CEO
Elissa Ellis Sangster
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 69.62 one star
  Financial 79.98 two stars
  Accountability & Transparency 62.00 one star
This rating was published 05/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Forté Foundation is a non-profit consortium of leading companies and top business schools working together to launch women into fulfilling, significant careers through access to business education, opportunities, and a community of successful women. Forté was founded in 2001 in response to a landmark research study, "Women and the MBA: Gateway to Opportunity," which explored several key myths and misperceptions about business careers and why fewer women attend schools of business than schools of medicine or law. Women have been in mainstream business for over 30 years, but still make up less than 17% of corporate board members in America's 500 largest companies.

Forté Foundation is a non-profit consortium of leading companies and top business schools working together to launch women into fulfilling, significant careers through access to business education, opportunities, and a community of successful women. Forté was founded in 2001 in response to a landmark research study, "Women and the MBA: Gateway to Opportunity," which explored several key myths and misperceptions about business careers and why fewer women attend schools of business than schools of medicine or law. Women have been in mainstream business for over 30 years, but still make up less than 17% of corporate board members in America's 500 largest companies.

Financial

two stars

79.98

Accountability & Transparency

one star

62.00

This rating was published 05/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.2%
  Administrative Expenses 14.6%
  Fundraising Expenses 9.1%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.18
  Program Expenses Growth 25.0%
  Liabilities to Assets 75.1%
All data for Financial Performance Metrics calculations was provided by The Forte Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Forte Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Forte Foundation (TX) 69.62 one star
Coro New York Leadership Center (NY) 87.70 three stars
PowerMyLearning (NY) 92.61 four stars
Working Wardrobes (CA) 87.50 three stars
Jobs For America's Graduates (VA) 86.00 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,493,371
   Federated Campaigns $0
   Membership Dues $458,851
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $2,952,222
   Program Service Revenue $0
Total Primary Revenue $2,952,222
   Other Revenue $640,353
TOTAL REVENUE $3,592,575
   
EXPENSES  
   Program Expenses $2,681,087
   Administrative Expenses $482,098
   Fundraising Expenses $179,703
TOTAL FUNCTIONAL EXPENSES $3,342,888
   
Payments to Affiliates $0
Excess (or Deficit) for the year $249,687
   
Net Assets $484,996

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 05/01/2018 69.62 one star
2015-06 02/01/2018 72.07 two stars
2015-06 06/01/2017 63.36 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 61-1457145
Name in IRS Master File THE FORTE FOUNDATION
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 2004
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$185,125 5.53% Elissa Ellis Sangster Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Forte Foundation (TX) 69.62 one star
On the Move (CA) 90.58 four stars
Techbridge (GA) 85.23 three stars
Jobs For America's Graduates (VA) 86.00 three stars
Investigative Reporters & Editors (MO) 91.67 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Forte Foundation
9600 Escarpment
Suite 745 PMB 72
Austin, TX 78749
tel: (512) 535-5157
EIN: 61-1457145

Visit Web Site

Board Leadership

Elizabeth M. Philipp
Board Chair

CEO

Elissa Ellis Sangster
Executive Director

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