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Education : Adult Education Programs and Services

The Forte Foundation

Motivating young women to prepare for a business career

three stars

84.84

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

Board Leadership
Karen Korn
Board Chair

CEO
Elissa Sangster
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 84.84 three stars
  Financial 80.12 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 06/01/2020 and includes data from FY2018, 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.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Showing 3 of 6
Total in 2018
Number of individuals attending community events or trainings
4,499
Total number of new organization members
142
Number of groups/individuals benefiting from tools/resources/education materials provided
100,000
Number of participants attending course/session/workshop
630
Number of participants who felt that they have been provided with a range of options for future employment
630
Number of advocate or trained spokesperson citations in the media
54
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

80.12

Accountability & Transparency

four stars

92.00

This rating was published 06/01/2020 and includes data from FY2018, 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)
76.7%
  Administrative Expenses 14.9%
  Fundraising Expenses 8.3%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.08
  Program Expenses Growth 19.1%
  Liabilities to Assets 80.0%
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.

Constituent Voice

Charity Navigator believes collecting feedback from the people an organization serves can make it more effective. That is why we're partnering with GuideStar by Candid to share Constituent Voice information with you. Here's how this organization is listening and learning from its constituents:
How is the organization collecting feedback?
Electronic surveys (by email, tablet, etc), Focus groups or interviews (by phone or in person), Community meetings or town halls, Constituent (client or resident, etc) advisory committees
How is the organization using feedback?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
With whom is the organization sharing feedback?
The people we serve, Our staff, Our board, Our funders, Our community partners
What challenges does the organization face when collecting feedback?
Note: This organization did not select any of the multiple choice responses to this question
Describe a recent change in your organization that resulted from feedback.
Note: This organization did not answer this question
This Constituent Voice information is provided to us by Candid. At this time, Constituent Voice information published on this organization's page has no effect on its rating per our methodology.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Forte Foundation (TX) 84.84 three stars
Global Health Corps (NY) 91.98 four stars
Public Education Foundation (TN) 87.43 three stars
Cleveland Leadership Center (OH) 85.66 three stars
The Education Foundation of Collier County (FL) 98.14 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $251,585
   Federated Campaigns $0
   Membership Dues $2,065,930
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $2,317,515
   Program Service Revenue $1,959,738
Total Primary Revenue $4,277,253
   Other Revenue $446
TOTAL REVENUE $4,277,699
   
EXPENSES  
   Program Expenses $3,295,988
   Administrative Expenses $708,230
   Fundraising Expenses $440,519
TOTAL FUNCTIONAL EXPENSES $4,444,737
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-167,038
   
Net Assets $337,894

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.

Program Name Amount Spent % of Program Expenses
Annual Conference $1,626,903 49.4%
Educational and Networking Events $931,386 28.2%
Other Networking Opportunities $737,699 22.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 84.84 three stars
2017-12 03/01/2020 81.84 three stars
2017-12 05/01/2019 77.93 two stars
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, 2017
  • December, 2016
  • December, 2015
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$194,672 4.37% Elissa Ellis Sangster CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Forte Foundation (TX) 84.84 three stars
Global Health Corps (NY) 91.98 four stars
Cleveland Leadership Center (OH) 85.66 three stars
Anitab.org (CA) 91.64 four stars
The Club Foundation (VA) 87.90 three stars

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This charity has an official representative registered with Charity Navigator.

Constituent Voice

This organization is sharing information on how they communicate with stakeholders to better inform your giving.

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

Karen Korn
Board Chair

CEO

Elissa Sangster
CEO

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