2019-08-08T13:23:17-05:00 2018-09-30 420714325 RSM US LLP 1 S Wacker Drive Ste 800 Chicago IL 60606 990 2017-10-01 810585993 The Pert Foundation PERT 3126168000 225 N Michigan Ave No 2200 Chicago IL 60601 Jason Baxendale President 3126168000 2019-08-08 1 Rebekuh Eley P01247672 3126343400 66.98.98.131 2019-08-08 11:12:47 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8C7237D2AFEDFB09D88626A2D3FB2BC60A40D8C2 2017 2019-02-21 02:37:17Z Jason Baxendale 225 N Michigan Ave No 2200 Chicago IL 60601 25458200 0 X N/A X 2002 IL Provides grant support to tax exempt charitable organizations. 5 4 0 5 0 0 0 0 0 0 1154343 5225713 302 252 1154645 5225965 11515000 18290000 0 0 0 0 0 0 0 237050 145164 11752050 18435164 -10597405 -13209199 27597253 10384659 58572 0 27538681 10384659 X See Schedule O 0 0 18324014 18290000 The Pert Foundation is a philanthropic grantmaking institution that supports the mission of The Chicago Community Trust and The Chicago Community Trust Foundation through granting funds to charitable organizations within a designated class or purpose. 18324014 1 0 0 0 0 0 0 0 0 0 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 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 Avenue Suite 2200 Chicago IL 60601 Jason Baxendale President and Director 1.00 40.00 X X 0 227225 17903 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 Carol Crenshaw Treasurer (until 09/30/2018) 1.00 40.00 X 0 294346 19829 0 521571 37732 0 0 1 0 0 344039 344039 25113909 20232235 4881674 4881674 4881674 252 252 252 5225965 0 0 5225965 18290000 18290000 77121 77121 15 15 Fees for Staff Services 68028 34014 34014 18435164 18324014 111150 0 5519 5519 625066 176715 26966668 10202425 27597253 10384659 58572 0 58572 0 X 27538681 10384659 27538681 10384659 27597253 10384659 -13209199 -3944823 0 X X 0 1 X 0 0 X X 2 The Chicago Community Foundation 363432023 7 0 17265000 0 The Chicago Community Trust 362167000 8 1 150000 0 2 17415000 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 $875,000. 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). 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. The governing boards of the Trust and Foundation consist of the same seventeen members and have the power to appoint the majority of the governing board of Pert. The Trust and Foundation received a private letter ruling from the Internal Revenue Service which allows for the Foundation to be making grants to charitable organizations that operate exclusively to perform the functions or to carry out the purposes of the Trust and Foundation by promoting the mental, moral, intellectual and physical improvements, assistance, and relief of the residents of the greater Chicago Metropolitan region. 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. 27538681 1281142 18290000 145164 10384659 35479227 3811504 11515000 237050 27538681 23864202 10000000 2818739 967500 236214 35479227 20575351 5004730 -731955 792500 191424 23864202 17038079 2880354 1687470 885000 145552 20575351 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 5501 (c)(3) of the Internal Revenue Code and, except for taxes pertaining to unrelated business income, are exempt from federal and state income taxes. No provision has been made for income taxes in the accompanying consolidated financial statements as The Trust and its affiliates have no significant unrelated business income. The Trust and its affiliates account for uncertain tax position 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 affiliates have no significant uncertain tax positions. On December 22, 2017, the President signed into law H.R. 1, originally known as the Tax Cuts and Jobs Act. The new law includes several provisions that result in substantial changes to the tax treatment of tax-exempt organizations and their donors. The Trust and affiliates have reviewed these provisions and the potential impact and concluded the enactment of H.R. 1 will not have a material effect on the operations of the organization. 1 The Chicago Community Foundation 225 N Michigan Avenue Suite 2200 Chicago IL 606014501 363432023 501(c)(3) 17265000 General Operating Support The Chicago Community Trust 225 N Michigan Avenue Suite 2200 Chicago IL 606011009 362167000 501(c)(3) 150000 General Operating Support SGA Youth & Family Services 11 E Adams Chicago IL 606036301 362167916 501(c)(3) 100000 General Operating Support A Better Chicago 600 West Van Buren Suite 510 Chicago IL 60602 274499625 501(c)(3) 75000 General Operating Support Journeycare Foundation Inc 405 Lake Zurich Road Barrington IL 600103141 363820916 501(c)(3) 50000 General Operating Support Chicago Humanities Festival 500 N Dearborn Street Suite 825 Chicago IL 606547659 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 606081200 362169139 501(c)(3) 35000 General Operating Support Illinois Arts Alliance 70 E Lake Street Suite 420 Chicago IL 606017689 363177592 501(c)(3) 35000 General Operating Support Chicago Dance History Project 7617 N Eastlake Terrace Unit C Chicago IL 60626 474927350 501(c)(3) 35000 General Operating Support Woodstock Christian Life Services 920 N Seminary Avenue Woodstock IL 600982996 363186415 501(c)(3) 30000 General Operating Support The Lake County Community Foundation 114 S Genesee Street Suite 505 Waukegan IL 60085 203654399 501(c)(3) 25000 General Operating Support Northwestern University Settlement Association 1400 W Augusta Boulevard Chicago IL 606423939 362167818 501(c)(3) 25000 General Operating Support Civic Federation 10 N Dearborn Street Suite 800 Chicago IL 606024304 362170124 501(c)(3) 25000 General Operating Support Planned Parenthood of Illinois 18 S Michigan Avenue 6th Floor Chicago IL 606033200 362170901 501(c)(3) 25000 General Operating Support Metropolitan Planning Council 140 S Dearborn Street Suite 1400 Chicago IL 606035208 362382849 501(c)(3) 25000 General Operating Support Chicago Public Media Inc 848 E Grand Avenue Navy Pier Chicago IL 606113509 363687394 501(c)(3) 25000 General Operating Support Street-Level Youth Media 1637 N Ashland Avenue Chicago IL 606221420 364039558 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 Humanities Council Inc 125 S Clark Street Suite 650 Chicago IL 606035200 370971586 501(c)(3) 25000 General Operating Support Community Foundation of Will County 701 Essington Road Suite 103 Joliet IL 60435 760821144 501(c)(3) 25000 General Operating Support Family Health Partnership Clinic 401 E Congress Parkway Crystal Lake IL 600146210 364277029 501(c)(3) 20000 General Operating Support Fairvote 6930 Carroll Street Suite 240 Takoma Park MD 20912 010911420 501(c)(3) 15000 General Operating Support Women Employed 65 E Wacker Place Suite 1500 Chicago IL 606017253 362969526 501(c)(3) 15000 General Operating Support Delta Institute 35 E Wacker Drive Suite 1200 Chicago IL 606012109 364210191 501(c)(3) 15000 General Operating Support Avenues to Independence 515 Busse Highway Park Ridge IL 600683154 366008710 501(c)(3) 15000 General Operating Support Audience Architects NFP 100 S State Street 4th Floor Chicago IL 60603 383748678 501(c)(3) 15000 General Operating Support Chicago Dancemakers Forum 159 E Walton 20A Chicago IL 60611 472428034 501(c)(3) 15000 General Operating Support Moneythink 405 W Superior Street Chicago IL 606548559 271052771 501(c)(3) 10000 General Operating Support The Awakenings Foundation 4001 N Ravenswood Avenue Chicago IL 606131154 271747959 501(c)(3) 10000 General Operating Support Chicago Cultural Accessibility Consortium 1523 West Edgewater Avenue 2W Chicago IL 60660 352613807 501(c)(3) 10000 General Operating Support Connections for the Homeless Inc 2121 Dewey Avenue Evanston IL 602013057 363346917 501(c)(3) 10000 General Operating Support 32 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 services, 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 226925 0 0 0 300 0 9150 0 8753 0 245128 0 0 Carol Crenshaw Treasurer (until 09/30/2018) 0 292366 0 0 0 1980 0 10800 0 9029 0 314175 0 0 Schedule J, Part II, Line 1: Mr. Baxendale and Ms. Crenshaw are paid employees of The Chicago Community Trust, EIN #36-2167000, which is a related organization. Mr. Baxendale serves as President and Director of the Pert Foundation. Ms. Crenshaw serves as Treasurer of The Pert Foundation. Mr. Baxendale and Ms. Crenshaw do not receive compensation from The Pert Foundation for services rendered. All board members serve without compensation. Form 990, Part III, Line 1, Description of Organization's Mission: 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. Form 990, Part VI, Section A, line 2 Thomas C. Liebman and Elizabeth Liebman have a familial relationship. Mr. Baxendale and Ms. Crenshaw 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. Crenshaw serves as Treasurer of the Pert Foundation. Form 990, Part VI, Section A, line 6 The Members of The Pert Foundation are diveded 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 620 Dakota St Crystal Lake IL 60012 364465219 Phil. Grantmaking IL 501(c)(3) Line 12a, I CCT 1 Metropolis Strategies 21 S Clark St Chicago IL 60603 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 17265000 Accrual The Chicago Foundation of Community Foundation of Will County B 25000 Accrual The Lake County Community Foundation B 25000 Accrual