PLATINUM2023

THE FORTE FOUNDATION

More Women Leading

aka Forte   |   Austin, TX   |  www.fortefoundation.org

Mission

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, professional development, and a community of successful women.

Ruling year info

2004

CEO

Elissa Sangster

Main address

9600 Escarpment Blvd. #745 PMB 72

Austin, TX 78749 USA

Show more contact info

EIN

61-1457145

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Forté is focused on launching women into fulfilling, significant careers through access to business education, professional development, and a community of successful women.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Forte College Leadership Conferences

One and two day conferences for undergraduates designed to support you to pursue your career goals, develop your personal brand, build leadership skills and network with top companies. Event portfolio includes National College to Business Leadership, College Fast Track to Finance, and Candid Conversations Conferences.

Population(s) Served
Women and girls
Adults

Forté's MBA Forums are held annually in various locations to provide women with information about the value of an MBA and make connections with admissions reps, MBA alumnae and students from top business schools in North America and Europe.

Population(s) Served
Women and girls

An annual symposium for incoming MBA women at Forté partner business schools in which attendees learn from highly-successful business leaders through a series of presentations, workshops and an interactive career expo. In addition to annual symposium, Forté offers a conference specifically for women interested in Financial Services.

Population(s) Served
Women and girls

MBALaunch is 10-month program consisting of in-person and virtual events. The program provides women seeking an MBA with a support network and a structured roadmap for applying to business schools.

Population(s) Served
Women and girls

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of individuals attending community events or trainings

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls

Related Program

Forte MBA Forums

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Each year Forte hosts a series of MBA Forums in major cities across North America and Europe, in addition to a series of virtual events. We have hosted these events annually since 2002.

Total number of new organization members

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Corporate, MBA, and partnering institutions

Number of groups/individuals benefiting from tools/resources/education materials provided

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Forté database members

Number of participants attending course/session/workshop

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls

Related Program

MBA Women's Conferences & Company Expo

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Each year Forté hosts its MBA Women's Leadership Conference for incoming MBA women as well as a conference specifically for women interested in Financials Services.

Number of advocate or trained spokesperson citations in the media

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Elissa Sangster and Forte are often quoted in top media on the topic of women's enrollment in MBA programs, gender equity issues including the gender pay gap, Men as Allies, etc.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We are growing the pipeline of college and early career women who know about business careers and business education by providing them with access to online and live events where they can explore the many career paths open to them in business no matter their college major. We want to inspire them with the women who have pursued these paths before them. We want to give them the tools and resources they need to be successful in their career search, find a job that pays them equitably, and give them access to a life-long network that can support their career aspirations. Women's representation in MBA programs is also a critical focus for Forté. We have seen the numbers of enrolled women go from 28% in 2002 to 41% in 2022, but there is still more to do in order to reach parity in business schools. Forté provides access for women through our Forté Forums series where women can meet schools and learn from other women how they did it. We also provide intensive programs that support women through the MBA application process. Our goal is to increase the women participating in these programs and ensure that they are successful in pursuing their aspirations of becoming an MBA.

College: Offer the Virtual Career Ready Certificate, an online career accelerator for undergraduate women of all majors. Develop relationships with undergraduate institutions that supports these efforts. Partner with companies who are interested in building the pipeline of college women interested in business no matter their undergraduate major. Offer live programming that allows college women to explore business careers, understand how business works, understand financial careers, and meet with other like-minded women to build their professional network. Pre-MBA: Offer live event series where women can meet business schools and hear from b-school alumnae who have graduated and are pursuing their career to learn about how they did it. Offer an intensive 8-month program to support women in their pursuit of MBA admission. This program provides them with a cohort of peers, alumnae advisors, and a network of support from admissions experts. Professional: Provide an online and live series of professional development events focused on women in the workplace.

Forté partners with 50+ top business schools and 60+ corporate partners to accomplish our goals. We have an extensive network of business professionals who are past participants in our programs or active members of our partner network. This group provides a great deal of support in the delivery of our live and online programs. Each year we host 40 live events, virtual school and career fairs, over 30 virtual workshops and seminars, and an MBA Women's Leadership Conference with over 600 attendees. The Forté leadership team boasts a wide range of experience from business school and industry experts on topics including MBA admissions, career services, diversity and inclusion, and much more.

We have seen the number of women in MBA programs grow from 28% in 2002 to 41% in 2022. Through our school partners, we provide MBA scholarships for women. In 2005 we had 35 Fellows and now boast 13,000+ Fellow students and alumnae in 2022, which represents a total of $334 million in scholarships that have been awarded to MBA women. In 20 years, we have seen our database grow from 1,800 to over 112,000 women. In 2004 we had 12 corporate and school partners in our network. We now boast over 200 universities, MBA programs and companies who support our work on an annual basis.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    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

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

THE FORTE FOUNDATION
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Operations

The people, governance practices, and partners that make the organization tick.

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lock

Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

THE FORTE FOUNDATION

Board of directors
as of 08/23/2023
SOURCE: Self-reported by organization
Board chair

Ms. Caitlin McLaughlin

Lafayette Square

Term: 2023 - 2026

ELISSA SANGSTER

Ellen Glazerman

Ernst & Young Foundation

Caitlin McLaughlin

Lafayette Square

Edie Hunt

Retired, Goldman Sachs

Lauriann Kloppenberg

Retired, Loomis Sayles

Sara O'Reilly

HMB Legal Counsel

Nicole Irvin

Goldman Sachs

Roxanne Hori

Next Act Partners

Alice Davison

Capital Group Companies

Karen Korn

Fidelity

Beverley Babcock

Imperial Oil (retired)

Jeannette Martin

Deloitte Consulting

Kathleen McQuiggan

Artemis Financial Advisors

Nogie Udevbulu

BlackRock

Peter Johnson

University of California, Berkeley, Haas School of Business

Marques Benton

Loomis Sayles

Douglas Johnson

Valor Partners

Joshua Stewart

Talent Solutions & Outreach

Karen Williams

Thrive Scholars

Melanie Carucci

Fidelity National Information Services

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 8/23/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 05/22/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.