2021-08-11T16:47:28-05:00 2020-09-30 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2019-10-01 810585993 The Pert Foundation PERT 3126168000 225 N Michigan Ave No 2200 Chicago IL 60601 Jason Baxendale President 3126168000 2021-07-27 1 Rebekuh Eley P01247672 3126343400 2021-07-27 2019 2022-09-23 18:48:47Z Jason M Baxendale 225 N Michigan Ave No 2200 Chicago IL 60601 2827931 0 X N/A X 2002 IL The Pert Foundation is organized and operated to foster, support, develop, and maintain charitable activities and vital human and educational services by supporting and carrying out the charitable purposes of The Chicago Community Trust and The Chicago Community Foundation by such means as the board of directors of the organization may determine from time to time. 5 4 0 5 0 0 0 0 0 0 378628 -79203 921 505 379549 -78698 920000 865000 0 0 0 0 0 0 0 90014 94950 1010014 959950 -630465 -1038648 9427365 8853659 11117 54231 9416248 8799428 X The Pert Foundation is organized and operated to foster, support, develop, and maintain charitable activities and vital human and educational services by supporting and carrying out the charitable purposes of The Chicago Community Trust and The Chicago Community Foundation by such means as the board of directors of the organization may determine from time to time. 0 0 885650 865000 The Pert Foundation is organized and operated to foster, support, develop, and maintain charitable activities and vital human and educational services by supporting and carrying out the charitable purposes of The Chicago Community Trust and The Chicago Community Foundation by such means as the board of directors of the organization may determine from time to time. 885650 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 IL X The Chicago Community Trust Attn Rosa Carrillo 3126168000 225 N Michigan Ave No 2200 Chicago IL 60601 Jessica Strausbaugh Treasurer and Secretary 1.00 39.00 X 0 274106 3925 Jason Baxendale President and Director 1.00 39.00 X X 0 247671 18666 Heather Bilandic Black Vice President and Director 1.00 0.00 X X 0 0 0 James J Glasser Director 1.00 0.00 X 0 0 0 Elizabeth Liebman Director 1.00 0.00 X 0 0 0 Thomas C Liebman Director 1.00 0.00 X 0 0 0 0 521777 22591 0 0 1 0 0 217223 217223 2610203 2906629 -296426 -296426 -296426 505 505 505 -78698 0 0 -78698 865000 865000 51836 51836 1785 1785 29 29 Expense Reimbursements 41300 20650 20650 959950 885650 74300 0 5519 5519 194640 410705 9227206 8437435 9427365 8853659 11117 54231 11117 54231 X 9416248 8799428 9416248 8799428 9427365 8853659 -1038648 421828 0 X X 0 1 X 0 0 X X 2 The Chicago Community Foundation 363432023 7 1 25000 0 The Chicago Community Trust 362167000 8 1 100000 0 2 125000 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 Form 990, Schedule A, Part I, Line 12g: Monetary support to supported organizations by charitable class or purpose was $865,000. See Schedule I and Schedule A narratives for details. Form 990, Schedule A, Part IV, Line 1: The Pert Foundation (Pert) is a supporting organization of The Chicago Community Trust (Trust) and The Chicago Community Foundation (Foundation). Other supported organizations are designated through the same charitable class or purpose as that of the Trust and Foundation. The mission of the Trust and the Foundation is to lead and inspire philanthropic efforts that measurably improve the quality of life and prosperity in the region. As of 9/30/20, the governing boards of the Trust and Foundation had 15 members and 2 vacancies and have the power to appoint the majority of the Governing Board of Pert. Form 990, Schedule A, Part IV, Lines 5a and 5b: Pert supports the charitable purposes of the Trust and Foundation by making grants to charitable organizations that operate exclusively to perform the functions or to carry out the purposes of the Trust or Foundation by promoting the mental, moral, intellectual and physical improvements, assistance, and relief of the inhabitants of the greater Chicago Metropolitan area. Grants made by Pert to charitable organizations greater than $5,000 are listed on Schedule I. These supported organizations are designated by class or purpose and support the charitable purposes of the Trust and Foundation. 9416248 343130 865000 94950 8799428 10384659 41603 920000 90014 9416248 27538681 1281142 18290000 145164 10384659 35479227 3811504 11515000 237050 27538681 23864202 10000000 2818739 967500 236214 35479227 1.00000 0 0 0 X Part V, Line 4: To provide dollars to meet the mission and goals of The Pert Foundation. Part X, Line 2: The Trust and its affiliates received tax determination letters from the Internal Revenue Service indicating that they are tax-exempt organizations under Section 501(c)(3) of the Internal Revenue Code and, except for taxes pertaining to unrelated business income, are exempt from federal and state income taxes. In fiscal year 2020, provision has been made for income taxes in the accompanying consolidated financial statements for unrelated business income of $292,500. The Trust and its affiliates account for uncertain tax positions in accordance with FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (included in FASB ASC Subtopic 740-10, Income Taxes - Overall). There is no impact on the consolidated financial statements as a result of this pronouncement as the Trust and its affiliates have no significant uncertain tax positions. 1 The Chicago Community Trust 225 N Michigan Avenue Suite 2200 Chicago IL 606011009 362167000 501(c)(3) 100000 Support general Operations and support for the Unity Fund for basic human needs. United Way of Metropolitan Chicago 333 S Wabash Avenue 30th Floor Chicago IL 606044503 300200478 501(c)(3) 100000 Support for the Chicago Community Covid-19 Response Fund. Chicago Humanities Festival 500 N Dearborn Street Suite 825 Chicago IL 606547659 367148236 501(c)(3) 50000 General Operating Support Journeycare Foundation Inc 2050 Claire Court Glenview IL 60025 363820916 501(c)(3) 50000 General Operating Support Pioneer Center for Human Services 4031 Dayton Street McHenry IL 60050 362480845 501(c)(3) 50000 Support for group homes. Illinois Arts Alliance (DBA Arts Alliance Illinois) 70 E Lake Street Suite 420 Chicago IL 606017689 363177592 501(c)(3) 45000 General Operating Support The Chicago Lighthouse for People Who are Blind Or Visually Impaired 1850 W Roosevelt Road Chicago IL 606081200 362169139 501(c)(3) 40000 General Operating Support Audience Architects NFP 100 S State Street 4th Floor Chicago IL 60603 383748678 501(c)(3) 30000 General Operating Support Calumet Collaborative 1000 E 111th Street Suite 650 Chicago IL 60628 811497692 501(c)(3) 25000 Support to launch the Calumet Ambassadors Initiative. Chicago Public Media Inc 848 E Grand Avenue Navy Pier Chicago IL 606113509 363687394 501(c)(3) 25000 General Operating Support Family Health Partnership Clinic 401 E Congress Parkway Crystal Lake IL 600146210 364277029 501(c)(3) 25000 General Operating Support Free Spirit Media NFP 1327 W Washington Boulevard Suite 103B Chicago IL 60607 364456215 501(c)(3) 25000 General Operating Support Illinois Partners for Human Service 33 W Grand Avenue Suite 300 Chicago IL 60654 454408108 501(c)(3) 25000 General Operating Support Northwestern University Settlement 1400 W Augusta Boulevard Chicago IL 606423939 362167818 501(c)(3) 25000 General Operating Support Planned Parenthood of Illinois 18 S Michigan Avenue 6th Floor Chicago IL 606033206 362170901 501(c)(3) 25000 General Operating Support SGA Youth & Family Services 11 E Adams Street Chicago IL 606036301 362167916 501(c)(3) 25000 General Operating Support The Chicago Community Foundation 225 N Michigan Avenue Suite 2200 Chicago IL 606011009 363432023 501(c)(3) 25000 Support for Elevated Chicago to promote economic and community development in underinvested communities with transit stations. ADA 25 Advancing Leadership 567 W Lake Street Suite 150 Chicago IL 60661 841895211 501(c)(3) 20000 General Operating Support Chicago Dancemakers Forum 159 E Walton Street 20A Chicago IL 60611 472428034 501(c)(3) 20000 General Operating Support Civic Federation 10 N Dearborn Street Suite 800 Chicago IL 606024304 362170124 501(c)(3) 20000 General Operating Support Trillium Arts 5240 Robinhood Road Charlotte NC 28211 824547618 501(c)(3) 20000 General Operating Support Woodstock Christian Life Services 920 N Seminary Avenue Woodstock IL 600982996 363186415 501(c)(3) 20000 General Operating Support Connections for the Homeless Inc 2121 Dewey Avenue Evanston IL 602013057 363346917 501(c)(3) 15000 General Operating Support Avenues to Independence 515 Busse Highway Park Ridge IL 600683154 366008710 501(c)(3) 10000 General Operating Support Awakenings Art 4001 N Ravenswood Avenue 204C Chicago IL 60613 271747959 501(c)(3) 10000 General Operating Support Chicago Cultural Accessibility Consortium 1523 W Edgewater Avenue 2W Chicago IL 60660 352613807 501(c)(3) 10000 General Operating Support Delta Institute 35 E Wacker Drive Suite 1200 Chicago IL 606012109 364210191 501(c)(3) 10000 General Operating Support Women Employed 65 E Wacker Place Suite 1500 Chicago IL 606017253 362969526 501(c)(3) 10000 General Operating Support 28 0 Schedule I, Part I, Line 2: Prospective grantee organizations are required to submit a proposal requesting funding which outlines the purpose of the grant, the population to be served, and the expected outcomes. The proposal is reviewed by staff or director to determine the merits of the proposal. The proposal and evaluation is presented to the Board of Directors, if approved by the Board, the proposal is funded. 0 0 0 0 0 0 0 0 0 Jessica Strausbaugh Treasurer and Secretary 0 273813 0 0 0 293 0 2347 0 1578 0 278031 0 0 Jason Baxendale President and Director 0 247221 0 0 0 450 0 9962 0 8704 0 266337 0 0 Part I, Line 3 Annually the board of directors of The Pert Foundation reviews the compensation of the leased staff (President) based on performance evaluation in connection with established goals and objectives and determines the reasonableness of compensation. Compensation is compared to data of similar organizations and to positions with similar responsibilities. Schedule J, Part II, Line 1: Mr. Jason Baxendale and Mrs. Jessica Strausbaugh are both paid employees of The Chicago Community Trust, a related tax-exempt organization. Mr. Baxendale serves as the President and a Director of the Pert Foundation and Mrs. Strausbaugh serves as treasurer and secretary of the Pert Foundation. Form 990, Part VI, Section A, line 2 Thomas C. Liebman and Elizabeth Liebman have a familial relationship. Mr. Baxendale and Ms. Strausbaugh (CFO of The Chicago Community Trust) are both paid employees of The Chicago Community Trust, a related tax-exempt organization. Mr. Baxendale serves as the President and a director of the Pert Foundation, and Ms. Strausbaugh serves as Treasurer and Secretary of the Pert Foundation. Form 990, Part VI, Section A, line 6 The Members of The Pert Foundation are divided into two classes: the Donor Members are Charles Liebman and Mary Liebman. The initial Publicly Supported Organization Member is The Chicago Community Trust. Form 990, Part VI, Section A, line 7a The Member (Chicago Community Foundation) has the rights to the election and removal of directors from the Corporation (The Pert Foundation). Form 990, Part VI, Section A, line 7b Upon dissolution, The Pert Foundation's (Corporation) remaining assets would be distributed to the Chicago Community Foundation (Member) for its general charitable purposes. The Member also possesses the right to elect or remove any director from office without cause. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed and approved by the President of the Board before filing with the IRS. The Form 990 is subsequently circulated to other Board members. Form 990, Part VI, Section C, line 19 A copy of the governing documents, conflict of interest policy and financial statement are available upon request for the same period of disclosure as set forth in IRC Section 6104(d). Currently, the organization does not have a formal conflict of interest policy, whistleblower policy, or document retention and destruction policy, but is currently following the policies of The Chicago Community Trust. Form 990, Part XII, Financial Statements and Reporting, Line 2c: The audit committee of the supported organization, The Chicago Community Trust, assumes responsibility for oversight of the audit, review of the financial statements, and selection of the independent accountants. Part VII Section A, Column B Activities of the Board include: attending and preparing for board meetings and various other administrative matters. The Chicago Community Foundation 225 N Michigan Ave Ste 2200 Chicago IL 60601 363432023 Phil. Grantmaking IL 501(c)(3) Line 7 CCT 1 The Chicago Community Trust 225 N Michigan Ave Ste 2200 Chicago IL 60601 362167000 Phil. Grantmaking IL 501(c)(3) Line 8 N/A 0 Springboard Foundation 225 N Michigan Ave Ste 2200 Chicago IL 60601 364482332 Phil. Grantmaking IL 501(c)(3) Line 12a, I CCF 1 The Community Foundation of Will County 225 N Michigan Ave Ste 2200 Chicago IL 60601 760821144 Phil. Grantmaking IL 501(c)(3) Line 12a, I CCT 1 The Lake County Community Foundation 225 N Michigan Ave Ste 2200 Chicago IL 60601 203654399 Phil. Grantmaking IL 501(c)(3) Line 12a, I CCF 1 Glasser and Rosenthal Family Foundation 225 N Michigan Ave Ste 2200 Chicago IL 60601 453577069 Phil. Grantmaking IL 501(c)(3) Line 12a, I CCT 1 The Lavin Family Supporting Foundation 225 N Michigan Ave Ste 2200 Chicago IL 60601 364120653 Phil. Grantmaking IL 501(c)(3) Line 12a, I CCT 1 Metropolis Strategies 225 N Michigan Ave Ste 2200 Chicago IL 60601 364278088 Phil. Grantmaking IL 501(c)(3) Line 12a, I CCT 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 The Chicago Community Foundation B 25000 Accrual The Chicago Community Trust B 100000 Accrual The Chicago Community Trust P 43114 Accrual