Skip to content

Texas · Nonprofit

THE FORTE FOUNDATION

THE FORTE FOUNDATION (Texas) receives grants from 31 organizations whose IRS filings report $1,383,070 to it, the largest being GRADUATE MANAGEMENT ADMISSION COUNCIL ($400,000). 13 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$6.8M
Funders on record
31
Grants received
$1.4M
Net assets
$1.2M
13/31 repeat funderspeak grant-dependency 4%
01What it does

What The Forte Foundation does

Mission

We fuel the future of business by connecting ambitious career-driven women with leading companies and business schools--equipping them with critical skills, networks, and resources to thrive in high-impact careers.

As stated on its FY2024 Form 990.

Program

  1. Forte's alliance connects talented women, companies, universities, and business schools. Forte provides women with access to business education, role models, professional networks, and leadership training that empowers them to rethink what is possible.

    $5,364,850 spentof which $10,000 as grants$2,924,400 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $5,364,850.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.9M) Expenses 100 ($3.9M) Net assets 100 ($505k)2018 Revenue 110 ($4.3M) Expenses 115 ($4.4M) Net assets 67 ($338k)2019 Revenue 114 ($4.4M) Expenses 117 ($4.6M) Net assets 44 ($221k)2020 Revenue 103 ($4.0M) Expenses 93 ($3.6M) Net assets 128 ($645k)2021 Revenue 138 ($5.4M) Expenses 113 ($4.4M) Net assets 331 ($1.7M)2022 Revenue 151 ($5.9M) Expenses 157 ($6.1M) Net assets 297 ($1.5M)2023 Revenue 174 ($6.8M) Expenses 175 ($6.8M) Net assets 298 ($1.5M)2024 Revenue 175 ($6.8M) Expenses 185 ($7.2M) Net assets 232 ($1.2M)
'17'18'19'20'21'22'23'24
Revenue (175)Expenses (185)Net assets (232)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.7M to $3.0M (+83%).

$1.9M
$1.7M
$1.7M
$3.0M
$3.6M
$3.7M
$3.7M
$3.5M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 8%. Grants only. Government contracts and fees sit inside program revenue.

56% of THE FORTE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$20k
’17
−$167k
’18
−$117k
’19
$424k
’20
$1.0M
’21
−$172k
’22
$6k
’23
−$336k
’24
4.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Elissa Ellis Sangster

CEO

Board chair

Caitlin Mclaughlin

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2323242425262625
Joined·+3+5+4+6+3+2+5
No longer listed·3445226
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 11 funders, grant income rose $97k → $167k.

9 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE FORTE FOUNDATION’s funders (the co-funder graph). Top 30 of 31 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE FORTE FOUNDATION leans on a few funders — its largest provides 29% of grant income and the top three 64%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE FORTE FOUNDATION.

29%
largest funder
64%
top three
~6
effective funders

Largest funder’s share by year: 2017 52% · 2018 55% · 2019 52% · 2020 28% · 2021 43% · 2022 31% · 2023 51% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of THE FORTE FOUNDATION's funders are still giving 3 years after their first grant; 42% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of THE FORTE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $673k that is directly attributable, 98% of it comes from funders outside Texas, across 15 states.

NH
IL
NY
MA
PA
CT
MO
VA
MD
AZ
NC
DC
OK
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $710k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE FORTE FOUNDATION is better cushioned than half of the 1,551 employment nonprofits its size.

Operating margin−5% · bottom quartile
Months of reserve4.5mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 1,551 employment nonprofits $1M–$10M, FY2024

Organizations like THE FORTE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 16%Fundraising 10%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THE FORTE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE FORTE FOUNDATION?
THE FORTE FOUNDATION (Texas) receives grants from 31 organizations whose IRS filings report $1,383,070 to it, the largest being GRADUATE MANAGEMENT ADMISSION COUNCIL ($400,000). 13 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE FORTE FOUNDATION have?
IRS filings report 31 organizations giving $1,383,070 in grants to THE FORTE FOUNDATION, 13 of which have funded it in more than one year.
Who is the largest funder of THE FORTE FOUNDATION?
GRADUATE MANAGEMENT ADMISSION COUNCIL is the largest funder on record, with $400,000 in grants. The full list of funders is on this page.
How can an organization like THE FORTE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Forte →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 31 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing