2020-08-11T11:44:45-05:00 2019-09-30 420714325 RSM US LLP 1 S Wacker Drive Ste 800 Chicago IL 60606 990 2018-10-01 810585993 The Pert Foundation PERT 3126168000 225 N Michigan Ave No 2200 Chicago IL 60601 Jason Baxendale President 3126168000 2020-07-29 1 Rebekuh Eley P01247672 3126343400 73.51.182.79 2020-07-29 10:13:38 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 117B6C86E8A10A4DFEE4D664DFC89C8F3476C6B5 2018 2020-09-22 18:59:49Z Jason M Baxendale 225 N Michigan Ave No 2200 Chicago IL 60601 2260414 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 5225713 378628 252 921 5225965 379549 18290000 920000 0 0 0 0 0 0 0 145164 90014 18435164 1010014 -13209199 -630465 10384659 9427365 0 11117 10384659 9416248 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 939919 920000 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. 939919 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 0 0 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 Jason Baxendale President and Director 1.00 39.00 X X 0 240306 18618 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 Jessica Strausbaugh Treasurer and Secretary 1.00 39.00 X 0 140480 1156 Carol Crenshaw Former Treasurer 0.00 0.00 X 0 262457 16273 0 643243 36047 0 1 1 0 0 219711 219711 2039782 1880865 158917 158917 158917 921 921 921 379549 0 0 379549 920000 920000 48691 48691 1460 1460 26 26 Expense Reimbursements 39837 19919 19918 1010014 939919 70095 0 5519 5519 176715 194640 10202425 9227206 10384659 9427365 0 11117 0 11117 X 10384659 9416248 10384659 9416248 10384659 9427365 -630465 -337946 0 X X 0 1 X 0 0 X X 2 The Chicago Community Foundation 363432023 7 0 225000 0 The Chicago Community Trust 362167000 8 1 70000 0 2 295000 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 $295,000. 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 9/30/19, 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. 10384659 41603 920000 90014 9416248 27538681 1281142 18290000 145164 10384659 35479227 3811504 11515000 237050 27538681 23864202 10000000 2818739 967500 236214 35479227 20575351 5004730 -731955 792500 191424 23864202 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 2019, provision has been made for income taxes in the accompanying consolidated financial statements for unrelated business income of $119,451. 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 Foundation 225 N Michigan Avenue Suite 2200 Chicago IL 60601 363432023 501(c)(3) 225000 General Operating Support Pioneer Center for Human Services 4031 Dayton Street McHenry IL 60050 362480845 501(c)(3) 75000 General Operating Support The Chicago Community Trust 225 N Michigan Avenue Suite 2200 Chicago IL 60601 362167000 501(c)(3) 70000 General Operating Support SGA Youth & Family Services 11 E Adams Chicago IL 60603 362167916 501(c)(3) 50000 General Operating Support Journeycare Foundation Inc 405 Lake Zurich Road Barrington IL 60010 363820916 501(c)(3) 50000 General Operating Support Chicago Humanities Festival 500 N Dearborn Street Suite 825 Chicago IL 60654 367148236 501(c)(3) 50000 General Operating Support Illinois Partners for Human Service 33 W Grand Avenue Suite 300 Chicago IL 60654 454408108 501(c)(3) 50000 General Operating Support The Chicago Lighthouse for People Who are Blind Or Visually Impaired 1850 W Roosevelt Road Chicago IL 60608 362169139 501(c)(3) 35000 General Operating Support Illinois Arts Alliance 70 E Lake Street Suite 420 Chicago IL 60601 363177592 501(c)(3) 35000 General Operating Support Audience Architechts NFP 100 S State Street 4th Floor Chicago IL 60603 383748678 501(c)(3) 30000 General Operating Support Free Spirit Media NFP 1327 W Washington Boulevard Suite 103B Chicago IL 60607 364456215 501(c)(3) 25000 General Operating Support Northwestern University Settlement 1400 W Agusta Blvd Chicago IL 60642 362167818 501(c)(3) 25000 General Operating Support Family Health Partnership Clinic 401 E Congress Parkway Crystal Lake IL 60014 364277029 501(c)(3) 25000 General Operating Support Chicago Public Media Inc 848 E Grand Avenue Navy Pier Chicago IL 60611 363687394 501(c)(3) 25000 General Operating Support Planned Parenthood of Illinois 18 S Michigan Avenue 6th Floor Chicago IL 60603 362170901 501(c)(3) 25000 General Operating Support Civic Federation 10 N Dearborn St Suite 800 Chicago IL 60602 362170124 501(c)(3) 20000 General Operating Support Woodstock Christian Life Services 920 N Seminary Avenue Woodstock IL 60098 363186415 501(c)(3) 20000 General Operating Support Chicago Dancemakers Forum 159 E Walton 20A Chicago IL 60611 472428034 501(c)(3) 20000 General Operating Support Connections for the Homeless Inc 2121 Dewey Avenue Evanston IL 60201 363346917 501(c)(3) 15000 General Operating Support Women Employed 65 E Wacker Place Suite 1500 Chicago IL 60601 362969526 501(c)(3) 10000 General Operating Support Delta Institute 35 E Wacker Drive Suite 1200 Chicago IL 60601 364210191 501(c)(3) 10000 General Operating Support Avenues to Independence 515 Busse Highway Park Ridge IL 60068 366008710 501(c)(3) 10000 General Operating Support Awakenings Art 4547 N Hermitage Ave Chicago IL 60640 271747959 501(c)(3) 10000 General Operating Support 23 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. The grantee is required to submit a program and financial report at the end of the funding cycle describing the uses of the funds and the outcomes. 0 0 0 0 0 0 0 0 0 Jason Baxendale President and Director 0 240006 0 0 0 300 0 9672 0 8946 0 258924 0 0 Carol Crenshaw Former Treasurer 0 260972 0 0 0 1485 0 9135 0 7138 0 278730 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. Mrs. Strausbaugh's compensation was below thresholds for Schedule J. Ms. Carol Crenshaw is a former paid employee of The Chicago Community Trust and served as Treasurer of the Pert Foundation through 09/30/2018. 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 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 The Community Foundation for McHenry County 225 N Michigan Ave Ste 2200 Chicago IL 60601 364465219 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 225000 Accrual The Chicago Community Trust B 70000 Accrual The Chicago Community Trust P 30206 Cash