2026-08-10T15:38:32-05:00 2025-09-30 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2024-10-01 810585993 PERT Foundation PERT 3126168000 33 S State Street 750 Chicago IL 60603 Andrea Saenz President 3126168000 2026-08-03 1 1 Rebekuh Eley P01247672 3126343400 2026-08-03 2024 2025-03-06 01:10:19Z Andrea Saenz 33 S State Street 750 Chicago IL 60603 191254954 0 X N/A X 2002 IL 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 4 0 0 311653014 0 0 0 67415 655858 16 9859050 311720445 10514908 318021564 0 0 0 0 0 0 0 0 80397 87978 318101961 87978 -6381516 10426930 317276071 127638890 317052064 126847002 224007 791888 X PERT Foundation's exempt purpose is to support The Chicago Community Trust and The Chicago Community Foundation. During the tax year, PERT Foundation managed and stewarded charitable assets designated for the future support of The Chicago Community Trust and The Chicago Community Foundation. No grants were distributed during the year. 0 0 2500 0 0 PERT Foundation's exempt purpose is to support The Chicago Community Trust and The Chicago Community Foundation. During the tax year, PERT Foundation managed and stewarded charitable assets designated for the future support of The Chicago Community Trust and The Chicago Community Foundation. No grants were distributed during the year. 2500 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 2 0 1 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 1 0 0 0 0 0 0 IL X The Chicago Community Trust Attn Brian Schroeder 3126168000 33 S State Street 750 Chicago IL 60603 Andrea Saenz President and Director 1.00 39.00 X X 0 623862 61186 Bryan Traubert Vice President and Director 1.00 1.00 X 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 Margaret Stineman Director 1.00 1.00 X 0 0 0 Laura Kernaghan Treasurer as of 4/8/25 1.00 39.00 X 0 162260 13616 Jessica Strausbaugh Treasurer until 3/25/25 1.00 39.00 X 0 326218 57269 Amy Pena Secretary until 6/5/25 1.00 39.00 X 0 243747 34184 0 1356087 166255 0 0 1 0 0 655858 655858 180740046 180740046 0 Miscellaneous Revenue 900099 9859050 9859050 9859050 10514908 0 0 10514908 31738 31738 50027 50027 1213 1213 Expense Reimbursements 5000 2500 2500 87978 2500 85478 0 9069 249888 18950 0 317248052 127389002 317276071 127638890 36683 0 317015381 126847002 317052064 126847002 X -317024045 -126597114 317248052 127389002 224007 791888 317276071 127638890 X 10426930 -9859049 X X 0 1 X 0 0 X X 2 The Chicago Community Foundation 363432023 7 1 0 0 The Chicago Community Trust 362167000 8 1 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Form 990, Schedule A, Part IV, Line 1: The Articles of Incorporation of PERT Foundation name The Chicago Community Foundation as the supported organization. By private letter ruling, the IRS determined that The Chicago Community Foundation is a component part of The Chicago Community Trust (the "Trust"). The Trust is not explicitly named in the Articles of Incorporation but is supported by virtue of its relationship to The Chicago Community Foundation 0 Beneficial Interest in Charitable Term Trust 127389002 127389002 X Part X, Line 2: The Chicago Community Trust (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. Income taxes recorded in the accompanying consolidated financial statements for unrelated business income amounted to $150,092 and $122,602 in the fiscal years ended September 30, 2025 and 2024, respectively. Income tax receivable amounted to $281,745 and $1,322,559 as of September 30, 2025 and 2024, respectively, and is included in other assets in the accompanying consolidated statements of financial position. The Trust accounts 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 has no significant uncertain tax positions. 0 0 0 0 0 0 0 1 0 Andrea Saenz President and Director 0 594280 0 28340 0 1242 0 52325 0 8861 0 685048 0 0 Jessica Strausbaugh Treasurer until 3/25/25 0 325768 0 0 0 450 0 26882 0 30387 0 383487 0 0 Amy Pena Secretary until 6/5/25 0 243057 0 0 0 690 0 20909 0 13275 0 277931 0 0 Laura Kernaghan Treasurer as of 4/8/25 0 161960 0 0 0 300 0 13616 0 0 0 175876 0 0 Part I, Line 3 The compensation of the President/Director is reviewed annually by the Board of Directors and the Governance and Advocacy Committee of a related tax-exempt organization, The Chicago Community Trust. Part I, Line 7 The President received a performance-based incentive bonus, which is included in Part II, column B (ii). Schedule J, Part II, Line 1, Line 2, Line 3: Ms. Andrea Saenz, Ms. Jessica Strausbaugh, and Ms. Amy Pena are paid employees of The Chicago Community Trust, a related tax-exempt organization. Ms. Andrea Saenz serves as the current President and a Director of PERT Foundation. Ms. Jessica Strausbaugh served as the Treasurer of PERT Foundation until 3/25/2025. Ms. Amy Pena served as Secretary of PERT Foundation until 6/05/2025. Form 990, Part VI, Section A, line 2 Thomas C. Liebman and Elizabeth Liebman have a familial relationship. Ms. Andrea Saenz, Ms. Jessica Strausbaugh, and Ms. Amy Pena are paid employees of The Chicago Community Trust, a related tax-exempt organization. Ms. Andrea Saenz serves as the current President and a Director of PERT Foundation. Ms. Strausbaugh serves as the Treasurer of PERT Foundation. Ms. Amy Pena serves as the Secretary of PERT Foundation. Form 990, Part VI, Section A, line 6 The Members of PERT Foundation are divided into two classes: the Donor Members are currently Elizabeth Liebman and Rebecca Liebman; and the Publicly Supported Organization Member is The Chicago Community Foundation, which is a component part of The Chicago Community Trust. Form 990, Part VI, Section A, line 7a The Chicago Community Trust has the right to the appointment and removal of three of the five directors of the Corporation. Form 990, Part VI, Section A, line 7b The Chicago Community Trust has the right to the appointment and removal of three of the five directors of the Corporation Form 990, Part VI, Section B, line 11b The Form 990 is reviewed and approved by The President, Treasurer and Secretary of the Board before filing with the IRS. The Form 990 is made available to the directors prior to filing with the IRS. Form 990, Part VI, Section C, line 19 A copy of the governing documents, conflict of interest policy and financial statements 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 XI, line 9: Loss on Beneficial Interest in Charitable Term Trust -9,859,049. 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. Form 990, Part VII, Section A, Column B, Activities of the Board: Activities of the Board include: attending and preparing for board meetings and various other administrative matters. The Chicago Community Foundation 33 S State Street Suite 750 Chicago IL 60603 363432023 Philan. Grantmaking IL 501(c)(3) Line 7 CCT 1 The Chicago Community Trust 33 S State Street Suite 750 Chicago IL 60603 362167000 Philan. Grantmaking IL 501(c)(3) Line 8 N/A 0 Metropolis Strategiess NFP 33 S State Street Suite 750 Chicago IL 60603 364278088 Philan. Grantmaking IL 501(c)(3) Line 12a, I CCT 1 Charitable Term Trust Hold Investments IL N/A T 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 The Chicago Community Trust P 32946 FMV