Pert Foundation: Nonprofit Profile, Financials & Form 990 (EIN 81-0585993)

Revenue by fiscal year
FY2020	−$79K
FY2021	$887K
FY2022	$791K
FY2023	$13K
FY2024	$311.7M
FY2025	$10.5M

Expenses by fiscal year
FY2020	$960K
FY2021	$5.7M
FY2022	$4.2M
FY2023	$9K
FY2024	$318.1M
FY2025	$88K

Net assets by fiscal year
FY2020	$8.8M
FY2021	$4.7M
FY2022	$365K
FY2023	$408K
FY2024	$224K
FY2025	$792K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Part of a larger organization · Schedule R

Pert Foundation files its own Form 990, but Schedule R discloses 3 related entities — figures on this page are for this EIN only, not the whole group.

The Chicago Community Trust · Chicago Community Foundation · Metropolis Strategies Nfp · See Schedule R

Combined filings · FY2025 · 3 entities with data

Simple sum of each entity's Form 990 headline figures — not audited consolidated financials. This page's EIN is one member.

Group revenue

$2.2B

Group expenses

$1.3B

Group net assets

$7.1B

The Chicago Community Trust · $2.1B rev · $7.0B net assets

Metropolis Strategies Nfp · $2.3M rev · $2.1M net assets

Where the money goes

3 cents of each dollar spent went to programs.

97%

Program services 3% · $2K Management & general 97% · $85K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Andrea Saenz

President and Director

$0Pt VII · Sec A

Bryan Traubert

Vice President and Director

$0Pt VII · Sec A

Elizabeth Liebman

Director

$0Pt VII · Sec A

Thomas C Liebman

Director

$0Pt VII · Sec A

Margaret Stineman

Director

$0Pt VII · Sec A

Laura Kernaghan

Treasurer as of 4/8/25

$0Pt VII · Sec A

Jessica Strausbaugh

Treasurer Until 3/25/25

$0Pt VII · Sec A

Amy Pena

Secretary Until 6/5/25

$0Pt VII · Sec A

See Pert Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports and carries out charitable activities and vital human/educational services.

Questions for Pert Foundation

Tap to ask. Pert Foundation sees how many people are interested.

Your first name shows with your question. Pert Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $2K · in their own filed words · FY2024

01

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.

$2Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking

Grants paid · 80 grants · $328.5M · 2019–2023

Chicago Community FoundationIL · FY2023$318,021,564

Chicago Community FoundationIL · FY2021$2,125,000

The Chicago Community TrustIL · FY2021$450,000

Lake County Community FoundationIL · FY2021$425,000

Tides FoundationCA · FY2021$300,000

Crossroads Fund INCIL · FY2021$300,000

Metropolitan Planning CouncilIL · FY2021$50,000

Chicago Public Media INCIL · FY2021$50,000

Illinois Arts AllianceIL · FY2021$50,000

Chicago Humanities FestivalIL · FY2021$50,000

The Chicago Lighthouse for People Who Are Blind or Visually ImpairedIL · FY2021$40,000

Audience Architects Nfp DBA See Chicago DanceIL · FY2021$30,000

Trillium ArtsNC · FY2021$25,000

Illinois Partners for Human ServiceIL · FY2021$25,000

Family Health Partnership ClinicIL · FY2021$25,000

Planned Parenthood of IllinoisIL · FY2021$25,000

Blues Kids FoundationIL · FY2021$20,000

Edward G Irvin FoundationIL · FY2021$20,000

See all 80 grants →

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$10.5M

Ln 12

Other incomeLn 4–11$9.9M

Investment incomeLn 3$656K

Money outPt IX

$88K

Ln 25

Programscol B$2K

Managementcol C$85K

Owns and owesPt X

$792K

net assets · Ln 32

Cash and savingsLn 1–2$250K

Total assetsLn 16$127.6M

LiabilitiesLn 26$126.8M

PeoplePt VI, VII

8

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$656K

Other incomeLn 4–11$9.9M

Total revenueLn 12$10.5M

Assets in detailPt X, end of year

CashLn 1$250K

SavingsLn 2$0

Cash and savings togetherLn 1–2$250K

Other assetsLn 15$127.4M

Total assetsLn 16$127.6M

LiabilitiesLn 26$126.8M

Net assetsLn 32$792K

OperationsPt I, VI

EmployeesI 50

VolunteersI 64

Fiscal year endsHeaderSeptember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$28K	$250K
Total assetsLn 16	$317.3M	$127.6M
LiabilitiesLn 26	$317.1M	$126.8M
Net assetsLn 32	$224K	$792K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Legal feesLn 11b	$32K		$32K
Investment management feesLn 11f	$50K		$50K
Other fees for servicesLn 11g	$1K		$1K
Other expenses (24a–d)Ln 24	$5K	$2K	$2K
Total functional expensesLn 25	$88K	$2K	$85K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$10.5M	$88K	$10.4M	$792K	990 PDF
FY2024	$311.7M	$318.1M	−$6.4M	$224K	990 PDF
FY2023	$13K	$9K	$4K	$408K	990 PDF
FY2022	$791K	$4.2M	−$3.4M	$365K	990 PDF
FY2021	$887K	$5.7M	−$4.8M	$4.7M	990 PDF
FY2020	−$79K	$960K	−$1.0M	$8.8M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2025 990 (6 parts)

Part I · Summary $10,514,908 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $311,653,014$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $67,415$655,858

I-11 Other revenuePrior year $16$9,859,050

I-12 Total revenuePrior year $311,720,445$10,514,908

I-13 Grants and similar amounts paidPrior year $318,021,564$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $80,397$87,978

I-18 Total expensesPrior year $318,101,961$87,978

I-19 Revenue less expensesPrior year −$6,381,516$10,426,930

Part VI · Governance 4 of 5 board members independent, 5 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members4

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $10,514,908 across 3 lines filed

VIII-3 Investment incomeExcluded from tax $655,858$655,858

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,859,050$9,859,050

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $10,514,908$10,514,908

Part IX · Statement of functional expenses $87,978 across 4 lines filed

IX-11b Legal feesManagement $31,738$31,738

IX-11f Investment management feesManagement $50,027$50,027

IX-11g Other fees for servicesManagement $1,213$1,213

IX-24 Other expenses (24a–d)Programs $2,500 · Management $2,500$5,000

IX-25 Total functional expensesPrograms $2,500 · Management $85,478 · Fundraising $0$87,978

Part X · Balance sheet $127,638,890 assets, 11 lines filed

X-1 Cash, non-interest-bearingStart of year $9,069$249,888

X-2 Savings and temporary cash investmentsStart of year $18,950$0

X-15 Other assetsStart of year $317,248,052$127,389,002

X-16 Total assetsStart of year $317,276,071$127,638,890

X-17 Accounts payable and accrued expensesStart of year $36,683$0

X-18 Grants payableStart of year $317,015,381$126,847,002

X-26 Total liabilitiesStart of year $317,052,064$126,847,002

X-27 Net assets without donor restrictionsStart of year −$317,024,045−$126,597,114

X-28 Net assets with donor restrictionsStart of year $317,248,052$127,389,002

X-32 Total net assets or fund balancesStart of year $224,007$791,888

X-33 Total liabilities and net assetsStart of year $317,276,071$127,638,890

Part XI · Reconciliation of net assets $791,888 net assets at year end

XI-1 Total revenue$10,514,908

XI-2 Total expenses$87,978

XI-3 Revenue less expenses$10,426,930

XI-4 Net assets at start of year$224,007

XI-9 Other changes in net assets−$9,859,049

XI-10 Net assets at end of year$791,888

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Pert Foundation

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Pert Foundation

Funders

Grants

Related Organizations

By the numbers

Filing history

Schedules filed Part IV