Civic Intelligence

The Pert Foundation

EIN 81-0585993 • 501(c)3 • Chicago, IL

Profile

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.

33 S State Street 750Chicago, IL 60603

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

1.00x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

1.02x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

26th percentile

-2.0%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

100th percentile

73864%

Faster asset growth than 100% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

2390761%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$317,276,071

Up $316,847,110 (+73864%) from 2023

Liabilities

Up

$317,052,064

Up $317,031,538 (+1544536%) from 2023

Net Assets

Down

$224,007

Down $184,428 (-45%) from 2023

Revenue

Up

$311,720,445

Up $311,707,407 (+2390761%) from 2023

Expenses

Up

$318,101,961

Up $318,092,654 (+3417779%) from 2023

Net Income

Down

-$6,381,516

Down $6,385,247 (-171140%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400M$300M$200M$100M$0Assets 2011: $3,820,009Liabilities 2011: $725Net Assets 2011: $3,819,2842011Assets 2012: $17,454,150Liabilities 2012: $21,030Net Assets 2012: $17,433,1202012Assets 2013: $20,321,079Liabilities 2013: $375,000Net Assets 2013: $19,946,0792013Assets 2014: $20,575,351Liabilities 2014: $0Net Assets 2014: $20,575,3512014Assets 2015: $23,888,091Liabilities 2015: $23,889Net Assets 2015: $23,864,2022015Assets 2016: $35,502,072Liabilities 2016: $22,845Net Assets 2016: $35,479,2272016Assets 2017: $27,597,253Liabilities 2017: $58,572Net Assets 2017: $27,538,6812017Assets 2018: $10,384,659Liabilities 2018: $0Net Assets 2018: $10,384,6592018Assets 2019: $9,427,365Liabilities 2019: $11,117Net Assets 2019: $9,416,2482019Assets 2020: $8,853,659Liabilities 2020: $54,231Net Assets 2020: $8,799,4282020Assets 2021: $4,700,079Liabilities 2021: $23,905Net Assets 2021: $4,676,1742021Assets 2022: $378,092Liabilities 2022: $13,568Net Assets 2022: $364,5242022Assets 2023: $428,961Liabilities 2023: $20,526Net Assets 2023: $408,4352023Assets 2024: $317,276,071Liabilities 2024: $317,052,064Net Assets 2024: $224,0072024

Highlighted filing

2024

Assets$317,276,071
Liabilities$317,052,064
Net Assets$224,007

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400M$300M$200M$100M$0-$100MRevenue 2011: $331,836Expenses 2011: $97,157Net Income 2011: $234,6792011Revenue 2012: $12,966,617Expenses 2012: $33,846Net Income 2012: $12,932,7712012Revenue 2013: $2,850,574Expenses 2013: $668,229Net Income 2013: $2,182,3452013Revenue 2014: $454,658Expenses 2014: $1,030,542Net Income 2014: -$575,8842014Revenue 2015: $5,822,523Expenses 2015: $983,924Net Income 2015: $4,838,5992015Revenue 2016: $11,917,000Expenses 2016: $1,203,714Net Income 2016: $10,713,2862016Revenue 2017: $1,154,645Expenses 2017: $11,752,050Net Income 2017: -$10,597,4052017Revenue 2018: $5,225,965Expenses 2018: $18,435,164Net Income 2018: -$13,209,1992018Revenue 2019: $379,549Expenses 2019: $1,010,014Net Income 2019: -$630,4652019Revenue 2020: -$78,698Expenses 2020: $959,950Net Income 2020: -$1,038,6482020Revenue 2021: $887,326Expenses 2021: $5,655,473Net Income 2021: -$4,768,1472021Revenue 2022: $790,525Expenses 2022: $4,152,066Net Income 2022: -$3,361,5412022Revenue 2023: $13,038Expenses 2023: $9,307Net Income 2023: $3,7312023Revenue 2024: $311,720,445Expenses 2024: $318,101,961Net Income 2024: -$6,381,5162024

Highlighted filing

2024

Revenue$311,720,445
Expenses$318,101,961
Net Income-$6,381,516

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$317$317$0.22$312$318$6.38
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.01$0.01$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.01$0.36$0.79$4.15$3.36
2021Detailed filing. Detailed filing data is available for this year.$4.70$0.02$4.68$0.89$5.66$4.77
2020Detailed filing. Detailed filing data is available for this year.$8.85$0.05$8.80$0.08$0.96$1.04
2019Detailed filing. Detailed filing data is available for this year.$9.43$0.01$9.42$0.38$1.01$0.63
2018Detailed filing. Detailed filing data is available for this year.$10.4$0.00$10.4$5.23$18.4$13.2
2017Summary only. Only limited summary data is available for this year.$27.6$0.06$27.5$1.15$11.8$10.6
2016Summary only. Only limited summary data is available for this year.$35.5$0.02$35.5$11.9$1.20$10.7
2015Summary only. Only limited summary data is available for this year.$23.9$0.02$23.9$5.82$0.98$4.84
2014Summary only. Only limited summary data is available for this year.$20.6$0.00$20.6$0.45$1.03$0.58
2013Summary only. Only limited summary data is available for this year.$20.3$0.38$19.9$2.85$0.67$2.18
2012Summary only. Only limited summary data is available for this year.$17.5$0.02$17.4$13.0$0.03$12.9
2011Summary only. Only limited summary data is available for this year.$3.82$0.00$3.82$0.33$0.10$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 1, 2025
Return Version
2023v6.0
Gross Receipts
$313,272,125
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$396,101$0▼ $396,101
Savings and Temporary Cash Investments$23,791$18,950▼ $4,841
Cash and Non-Interest-Bearing Accounts$9,069$9,069→ $0
Total Assets$428,961$317,276,071▲ $316,847,110
Other Assets Total$0$317,248,052▲ $317,248,052
Liabilities
Grants Payable$0$317,015,381▲ $317,015,381
Accounts Payable and Accrued Expenses$20,526$36,683▲ $16,157
Total Liabilities$20,526$317,052,064▲ $317,031,538
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$317,248,052-
Net Assets Without Donor Restrictions$408,435$-317,024,045▼ $317,432,480
Total Net Assets Fund Balance$408,435$224,007▼ $184,428
Total Liabilities and Net Assets / Fund Balance$428,961$317,276,071▲ $316,847,110

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$317,248,052--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$408,435--$408,435$0
2022$364,524-▲ $53,218-$408,435
2021$4,676,174-▼ $159,584$60$364,524
2020$8,799,428-▲ $1,532,218-$4,676,174
2019$9,416,248-▲ $343,130-$8,799,428
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrea SaenzPresident and Director
Bryan TraubertDirector
Elizabeth LiebmanDirector
Margaret StinemanDirector
Thomas C LiebmanDirector
Amy PenaSecretary
Jessica StrausbaughTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$311,653,014
Program Service Revenue
$0
Investment Income
$67,415
Other Revenue
$16
All Other Contributions
$311,653,014
Change in Net Assets
$-6,381,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$318,021,564
Other Expenses$80,397
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$318,021,564--$318,021,564
Fees for Services Legal-$35,697-$35,697
Fees for Services Other-$29,474-$29,474
Insurance-$5,198-$5,198
Other Expenses$2,500$2,500-$5,000
Fees for Service Investment Mgmnt Fees-$3,358-$3,358
Occupancy$830$830-$1,660
Office Expenses$5$5-$10
Total Functional Expenses$318,024,899$77,062$0$318,101,961
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Chicago Community FoundationChicago, IL501(c)(3)General support for programs, operations and other charitable purposes$318,021,564
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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 initial Donor Members were Charles Liebman and Mary Liebman. The current Donor Member is Thomas Liebman. The initial Publicly Supported Organization Member is The Chicago Community Trust.

Form 990, Part VI, Section A, line 7A

The Member (The Chicago Community Trust) has the rights to the election and removal of directors from the Corporation (PERT Foundation).

Form 990, Part VI, Section A, line 7B

Per its Articles of Incorporation, upon dissolution, PERT Foundation's (Corporation) remaining assets will be distributed to The Chicago Community Trust (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. When there is a vacancy, the Treasurer and Secretary reviews and approves before filing with the IRS. The Form 990 is subsequently circulated to other board members 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 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.

Filing and Contact Details

Filer

Filer Name
PERT Foundation
EIN
81-0585993
Phone
3126168000
Address
33 S State Street 750, Chicago, IL 60603

Signing Officer

Name
Andrea Saenz
Title
President
Phone
3126168000
Signed
2025-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Saenz
Formed
2002
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Rsm US Llp
Address
30 South Wacker Dr Suite 3300, Chicago, IL 60606-3392
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Gain on Beneficial Interest in Charitable Term Trust 6,208,684.

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.

Financial Statement Notes

Part X, Line 2:

The Chicago Community 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 $122,602 and $73,112 in the fiscal years ended September 30, 2024 and 2023, respectively. Income tax receivable amounted to $1,322,559 and $1,479,988 as of September 30, 2024 and 2023, respectively and is included in other assets in the accompanying consolidated statements of financial position. The Chicago Community 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.

Raw XML AppendixShowing 400 of 567 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-317024045
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0830
IRS990/OccupancyGrp/ProgramServicesAmt0830
IRS990/OccupancyGrp/TotalAmt01660
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05
IRS990/OfficeExpensesGrp/ProgramServicesAmt05
IRS990/OfficeExpensesGrp/TotalAmt010
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0317248052
IRS990/OtherChangesInNetAssetsAmt06208684
IRS990/OtherExpensesGrp/Desc0Expense Reimbursements
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02500
IRS990/OtherExpensesGrp/ProgramServicesAmt02500
IRS990/OtherExpensesGrp/TotalAmt05000
IRS990/OtherRevenueTotalAmt016
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Andrea Saenz
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013021
IRS990/PYOtherExpensesAmt09307
IRS990/PYOtherRevenueAmt017
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03731
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt09307
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013038
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-6381516
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023791
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018950
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PERT 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 9/30/24, the governing boards of the Trust and Foundation had 17 members and no vacancies and have the power to appoint the majority of the Governing Board of PERT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Form 990, Schedule A, Part IV, Line 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0363432023
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1362167000
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd18
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0318021564
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0The Chicago Community Foundation
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1The Chicago Community Trust
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0318021564
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0408435
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0408435
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt09307
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0364524
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0408435
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt053218
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt062006
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04676174
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0364524
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt04090000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-159584
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt060
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0125472
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt08799428
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04676174
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt05530000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01532218
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt094950
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt09416248
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt08799428
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0865000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0343130
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0317248052
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial Interest in Charitable Term Trust
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Chicago Community 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 $122,602 and $73,112 in the fiscal years ended September 30, 2024 and 2023, respectively. Income tax receivable amounted to $1,322,559 and $1,479,988 as of September 30, 2024 and 2023, respectively and is included in other assets in the accompanying consolidated statements of financial position. The Chicago Community 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0317248052
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0318021564
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General support for programs, operations and other charitable purposes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0The Chicago Community Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0363432023
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt033 S State St Suite 750
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060603
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Prospective 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 and the Grants & Community Outreach Committee to determine the merits of the proposal. The proposal and staff's 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.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt027250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0567771
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1321339
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2230285
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt050550
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt118339
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt219712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08782
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt12489
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt212179
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt01256
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1926
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt21040
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Andrea Saenz
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Jessica Strausbaugh
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Amy Pena
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President and Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0655609
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1343093
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2263216
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The 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.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1The President received a performance-based incentive bonus, which is included in Part II, column B (ii).
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2Ms. 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.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 7
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule J, Part II, Line 1, Line 2, Line 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Thomas 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.

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