Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
The Onion Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)414 Hardscrabble Road
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wayne, ME04284
A Employer identification number

47-1289795
B Telephone number (see instructions)

(207) 636-7353
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$81,245,612J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 69,500,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,296,406 1,296,406  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,806,439
b Gross sales price for all assets on line 6a 42,194,079
7 Capital gain net income (from Part IV, line 2)... 3,806,439
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 7,773 7,773  
12 Total. Add lines 1 through 11........ 74,610,618 5,110,618  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,052 0   21,052
14 Other employee salaries and wages...... 143,063 0   143,063
15 Pension plans, employee benefits....... 33,972 0   33,972
16a Legal fees (attach schedule)......... Click to see attachment 185 0   185
b Accounting fees (attach schedule)....... Click to see attachment 11,702 5,851   5,851
c Other professional fees (attach schedule).... Click to see attachment 158,304 83,064   75,240
17 Interest............... 110 0   110
18 Taxes (attach schedule) (see instructions)... Click to see attachment 46,774 11,687   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 30,207 0   30,207
21 Travel, conferences, and meetings....... 7,950 0   7,950
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 46,932 0   41,303
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 500,251 100,602   358,933
25 Contributions, gifts, grants paid....... 3,333,900 3,333,900
26 Total expenses and disbursements. Add lines 24 and 25 3,834,151 100,602   3,692,833
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 70,776,467
b Net investment income (if negative, enter -0-) 5,010,016
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 296,743 187,060 187,060
2 Savings and temporary cash investments......... 1,373,354 3,065,300 3,065,300
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet250,000
Less: allowance for doubtful accounts bullet0 0 250,000 250,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,071,220 Click to see attachment72,323,366 72,323,366
c Investments—corporate bonds (attach schedule)....... 1,360,522 Click to see attachment1,143,006 1,143,006
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 840,921 Click to see attachment4,276,880 4,276,880
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,942,760 81,245,612 81,245,612
Liabilities 17 Accounts payable and accrued expenses..........   5,000
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment819 Click to see attachment1,292
23 Total liabilities (add lines 17 through 22)......... 819 6,292
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 13,941,941 81,239,320
29 Total net assets or fund balances (see instructions)..... 13,941,941 81,239,320
30 Total liabilities and net assets/fund balances (see instructions). 13,942,760 81,245,612
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
13,941,941
2
Enter amount from Part I, line 27a .....................
2
70,776,467
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
84,718,408
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,479,088
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
81,239,320
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities P    
b From Pass-through Investments P    
c Capital Gains Dividends P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 40,869,117   38,377,410 2,491,707
b     10,230 -10,230
c 1,324,962     1,324,962
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,491,707
b       -10,230
c       1,324,962
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,806,439
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 69,639
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 69,639
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 42,538
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 75,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 117,538
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 47,899
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet47,899 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletME
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.onionfoundation.org
    14
    The books are in care ofbulletFrederick Onion Telephone no.bullet (207) 636-7353

    Located atbullet414 Hardscrabble RoadWayneME ZIP+4bullet04284
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Frederick Onion Co-Director
    1.00     		0 10,526 0
    414 Hardscrabble Road
    Wayne,ME04284
    Susan Onion Co-Director
    1.00     		0 10,526 0
    414 Hardscrabble Road
    Wayne,ME04284
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Dana T Kidder Program Officer
    40.00     		70,980 4,259 0
    152 Tappan Farm Road
    Winthrop,ME04364
    Nathaniel May Program Officer
    40.00     		72,083 2,606 0
    33 Grant Street
    South Portland,ME04106
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Isaacson Miller Leadership Recruitment 69,040
    263 Summer Street 7th Floor
    Boston,MA02210
    Crewe Advisors Investment Advisory 59,120
    136 E South Temple Suite 2400
    Salt Lake City,UT841111185
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 Program related impact investment loan to Sustainable Forest Futures, Inc., a 501(c)(3) organization. 250,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet250,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    48,068,679
    b
    Average of monthly cash balances.......................
    1b
    6,839,183
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,276,880
    d
    Total (add lines 1a, b, and c).........................
    1d
    59,184,742
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    59,184,742
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    887,771
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    58,296,971
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,914,849
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    2,914,849
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    69,639
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    69,639
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,845,210
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,845,210
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    2,845,210
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 2,845,210
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 198,731
    b From 2017...... 145,777
    c From 2018...... 70,753
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 415,261
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,942,833
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 2,845,210
    e Remaining amount distributed out of corpus 1,097,623
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,512,884
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		198,731
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,314,153
    10 Analysis of line 9:
    a Excess from 2017.... 145,777
    b Excess from 2018.... 70,753
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 1,097,623
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Frederick Onion
    Susan Onion
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    The Onion Foundation
    2 Great Falls Plaza Box 7
    Auburn,ME04210
    (207) 513-1432
    info@onionfoundation.org
    bThe form in which applications should be submitted and information and materials they should include:
    To submit an application, applicants may go to the Foundation's online grant portal to set up an account. Onion Foundation Spring/Fall Cycle Grants are intended to support organizations or projects that align with the Foundation's mission priority areas of Arts & Environment within the state of Maine. In 2022 the Onion Foundation is giving organizations the option of requesting general operating funds based on the experiences of our nonprofit partners. If an organization's work is entirely in either the arts or environment sectors and aligns with the Foundation's priorities, an applicant may request general operating support. If an organization's work is in support of a broader mission and the arts and environment are only a part of an applicant's programming, an organization may request project/program support. The Foundation evaluates an organization's proposal just on the information requested through the application form.
    cAny submission deadlines:
    Applications for this upcoming year's Cycle are due September 30, 2022, and March 2, 2023.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    To apply for and receive a grant your organization must be a 501(c)(3) public charity as designated by the IRS, operating under a fiscal sponsor who is a qualified 501(c)(3) public charity, a public education institution, or a Maine municipality. The organization and/or the project must be based in Maine and focused on benefitting Maine's people; the Foundation will also typically only award grants to organizations that align with the Foundation's mission and values. Grant recipients are required to report progress on their projects. Spring & Fall Cycle Grants range between $5,000 and $20,000. Organizations are eligible to receive one Spring or Fall grant per calendar year.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    The Onion Foundation
    2 Great Falls Plaza Box 7
    Auburn,ME04210
    (207) 513-1432
    info@onionfoundation.org
    bThe form in which applications should be submitted and information and materials they should include:
    To submit an application, applicants may go to the Foundation's online grant portal to set up an account. The Onion Foundation's Discovery grants are intended for small scale projects in the arts or environment that align with the mission and priorities of the Foundation that may lead to a discovery - a new learning or innovative approach. These grants offer a chance to try something new (not a variant on existing work), which could include pilot programs or professional or organizational development such as strategic planning or equity, inclusion, diversity and justice work. Discovery Grant asks can range from $1,000 to $5,000. Discovery Grants are one-time investments and are not designed to be repeated for the same project in future years.
    cAny submission deadlines:
    Open from January to November with decisions made on a rolling basis.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    To apply for and receive a grant, an organization must be a 501(c)(3) public charity as designated by the IRS, operating under a fiscal sponsor who is a qualified 501(c)(3) public charity, a public education institution, or a Maine municipality. The organization and/or the project must be based in Maine and focused on benefitting Maine's people; the Foundation will only award grants to organizations that align with the Foundation's mission and values. Grant recipients are required to report progress on their projects. Discovery Grant Projects must: be a new project; not yet started; respond to an unforeseen challenge or opportunity; promote development, equity, inclusion, diversity, and justice; be small in scale; start and end within the next year; and address specific community needs and benefits.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    240 Strings
    PO Box 10193
    Portland,ME04101     		None PC General Purpose 11,500
    30 Mile River Watershed Assoc
    PO Box 132
    Mt Vernon,ME04352     		None PC General Purpose 18,000
    317 Main Comm Music Center
    317 Main Street
    Yarmouth,ME04096     		None PC General Purpose 20,000
    A Climate to Thrive
    PO Box 75
    Mount Desert,ME04660     		None PC General Purpose 8,000
    A Company of Girls
    PO Box 7527
    Portland,ME04122     		None PC General Purpose 18,000
    Abbe Museum
    PO Box 286
    Bar Harbor,ME04609     		None PC General Purpose 28,000
    Acadia Center
    PO Box 583
    Rockport,ME04856     		None PC General Purpose 13,000
    Acorn Productions
    PO Box 4644
    Portland,ME04112     		None PC General Purpose 5,000
    Albiston Foundation
    6027 Village on the Green 130
    Carrabassett Valley,ME04947     		None PC General Purpose 7,500
    Androscoggin Land Trust
    PO Box 3145
    Auburn,ME04210     		None PC General Purpose 8,000
    Androscoggin Valley Council of Governments
    125 Manley Rd
    Auburn,ME04210     		None PC General Purpose 4,800
    Apex Youth Connection
    PO Box 783
    Biddeford,ME04005     		None PC General Purpose 20,500
    Apogee Arts (dba Alison Chase Performance)
    5 Black Bear Rd
    Brooksville,ME04617     		None PC General Purpose 7,500
    Appalachian Mountain Club
    10 City Square
    Boston,MA02129     		None PC General Purpose 5,000
    Aroostook Arts and Education Center
    149 State Street 1252
    Presque Isle,ME04769     		None PC General Purpose 18,000
    Artsworth
    25 Pine Street
    Ellsworth,ME04605     		None PC General Purpose 5,000
    ArtVan
    10 State Rd PMB 272
    Bath,ME04530     		None PC General Purpose 18,500
    ArtWaves
    1345A State Hwy 102
    Bar Harbor,ME04609     		None PC General Purpose 11,000
    Arundel Conservation Trust
    PO Box 2704
    Kennebunkport,ME04046     		None PC General Purpose 10,000
    Augusta Colonial Theater
    295 Water Street 2066
    Augusta,ME04338     		None PC General Purpose 7,500
    Bagaduce Music
    49 South Street
    Blue Hill,ME04614     		None PC General Purpose 15,000
    Bangor Symphony Orchestra
    PO Box 1441
    Bangor,ME04402     		None PC General Purpose 18,000
    Bar Harbor Music Festival
    741 West End Ave Suite 4-B
    New York,NY10025     		None PC General Purpose 7,500
    Bay Chamber Concerts
    PO Box 599
    Rockport,ME04856     		None PC General Purpose 18,000
    Belfast Bay Watershed Coalition
    PO Box 152
    Belfast,ME04915     		None PC General Purpose 5,600
    Belfast Creative Coalition DBA AIMe - Activism in Maine
    PO Box 333
    Lincolnville,ME04849     		None PC General Purpose 5,000
    Belfast Flying Shoes
    93 Kaler Rd
    Belfast,ME04915     		None PC General Purpose 5,000
    Bicycle Coalition of Maine
    38 Diamond Street
    Portland,ME04101     		None PC General Purpose 20,000
    Bigelow Laboratory for Ocean Sciences
    60 Bigelow Dr
    East Boothbay,ME04544     		None PC General Purpose 20,500
    Blue Hill Community Development
    PO Box 438
    Blue Hill,ME04614     		None PC General Purpose 7,000
    Blue Hill Concert Association
    PO Box 140
    Blue Hill,ME04614     		None PC General Purpose 7,500
    Blue Hill Heritage Trust
    PO Box 222
    Blue Hill,ME04614     		None PC General Purpose 28,000
    Boothbay Sea and Science Center
    PO Box 332
    East Boothbay,ME04544     		None PC General Purpose 20,500
    Bowdoin International Music Festival
    6300 College Station
    Brunswick,ME04011     		None PC General Purpose 10,000
    Boys & Girls Clubs of Southern Maine
    PO Box 7830
    Portland,ME04112     		None PC General Purpose 10,000
    Brunswick-Topsham Land Trust
    179 Neptune Dr Suite 200
    Brunswick,ME04011     		None PC General Purpose 15,000
    Camp Ketcha
    336 Black Point Road
    Scarborough,ME04074     		None PC General Purpose 15,000
    Cathance River Education Alliance
    PO Box 187
    Topsham,ME04086     		None PC General Purpose 16,000
    Celebration Barn Theater
    190 Stock Farm Rd
    South Paris,ME04281     		None PC General Purpose 23,000
    Center for an Ecology Based Economy
    447 Main Street
    Norway,ME04268     		None PC General Purpose 21,500
    Center for Maine Contemporary Art
    PO Box 1767
    Rockland,ME04841     		None PC General Purpose 18,000
    Center Street Church
    PO Box 265
    Machias,ME04654     		None PC General Purpose 3,000
    Chebeague & Cumberland Land Trust
    371 Tuttle Rd 2
    Cumberland,ME04021     		None PC General Purpose 15,500
    Chewonki Foundation
    485 Chewonki Neck Rd
    Wiscasset,ME04578     		None PC General Purpose 10,000
    Children's Museum and Theater of Maine
    PO Box 4041
    Portland,ME04101     		None PC General Purpose 6,500
    Chocolate Church Arts Center
    804 Washington Street
    Bath,ME04530     		None PC General Purpose 10,000
    Classical Uprising
    PO Box 7259
    Portland,ME04112     		None PC General Purpose 12,000
    Coastal Mountains Land Trust
    101 Mt Battie Street
    Camden,ME04843     		None PC General Purpose 20,000
    Coastal Rivers Conservation Trust
    PO Box 333
    Damariscotta,ME04543     		None PC General Purpose 23,000
    Cobbossee Water District
    418 167 Main Street
    Winthrop,ME04364     		None PC General Purpose 10,000
    Cobscook Institute
    10 Commissary Point Rd
    Trescott,ME04652     		None PC General Purpose 19,500
    Come Spring Food Pantry
    PO Box 524
    Union,ME04862     		None PC General Purpose 10,000
    Continuum Arts Collective
    76 Lower Main Street
    North Berwick,ME03906     		None PC General Purpose 18,000
    Creative Portland
    84 Free Street
    Portland,ME04101     		None PC General Purpose 9,750
    Cultivating Community
    PO Box 3792
    Portland,ME04101     		None PC General Purpose 28,000
    Cultural Resources Inc
    Box 1175
    Rockport,ME04856     		None PC General Purpose 6,000
    Denmark Arts Center
    PO Box 813
    Denmark,ME04022     		None PC General Purpose 5,000
    Documentary Songwriters
    41 Morse Rd
    Hope,ME04847     		None PC General Purpose 1,250
    Downeast Coastal Conservancy
    6 Colonial Way Suite 3
    Machias,ME04654     		None PC General Purpose 18,000
    Downeast Institute for Applied Marine Research and Education
    PO Box 83
    Beals,ME04611     		None PC General Purpose 15,000
    Downeast Lakes Land Trust
    4 Water Street
    Grand Lake Stream,ME04668     		None PC General Purpose 23,000
    East Coast Greenway Alliance
    5826 Fayetteville Rd 210
    Durham,NC27713     		None PC General Purpose 10,000
    Eastport Arts Center
    PO Box 153
    Eastport,ME04631     		None PC General Purpose 15,000
    Ellsworth Community Music Institute
    PO Box 56
    Ellsworth,ME04605     		None PC General Purpose 15,000
    Engine Inc
    PO Box 1681
    Biddeford,ME04005     		None PC General Purpose 18,000
    Falmouth Land Trust
    PO Box 6172
    Falmouth,ME04105     		None PC General Purpose 7,500
    Fit Girls of Wilton Maine
    PO Box 493
    Wilton,ME04294     		None PC General Purpose 3,000
    Francis Malcolm Science Center Inc
    PO Box 186
    Easton,ME04740     		None PC General Purpose 7,500
    Freeport Conservation Trust
    PO Box 433
    Freeport,ME04032     		None PC General Purpose 7,500
    Frenchman Bay Conservancy
    PO Box 150
    Hancock,ME04640     		None PC General Purpose 20,500
    Friends of Baxter State Park
    PO Box 322
    Belfast,ME04915     		None PC General Purpose 23,000
    Friends of DaPonte String Quartet
    PO Box 401
    Damariscotta,ME04543     		None PC General Purpose 18,000
    Friends of Katahdin Woods & Waters
    PO Box 18177
    Portland,ME04112     		None PC General Purpose 10,000
    Friends of Quarry Road
    PO Box 2032
    Waterville,ME04903     		None PC General Purpose 5,000
    Friends of the Cobbossee Watershed
    PO Box 206
    East Winthrop,ME04343     		None PC General Purpose 16,300
    Friends of the Strand Theater
    PO Box 433
    Rockland,ME04841     		None PC General Purpose 7,500
    Gateway Milbridge
    PO Box 62 26 Main Street
    Milbridge,ME04658     		None PC General Purpose 5,000
    Georges River Land Trust
    8 North Main Street
    Rockland,ME04841     		None PC General Purpose 18,000
    Good Food Council of Lewiston-Auburn
    PO Box 885
    Lewiston,ME04243     		None PC General Purpose 10,000
    Great Works Regional Land Trust
    PO Box 151
    South Berwick,ME03908     		None PC General Purpose 18,000
    Greater Lovell Land Trust Inc
    PO Box 225
    Lovell,ME04051     		None PC General Purpose 10,000
    Growing to Give
    30 East Coxon Road
    Brunswick,ME04011     		None PC General Purpose 7,500
    Gulf of Maine Research Institute
    350 Commercial Street
    Portland,ME04101     		None PC General Purpose 15,000
    Harpswell Heritage Land Trust
    PO Box 359
    Harpswell,ME04079     		None PC General Purpose 15,000
    Healthy Acadia
    140 State St
    Ellsworth,ME04605     		None PC General Purpose 17,500
    Healthy Communities of the Capital Area
    11 Mechanic St
    Gardiner,ME04345     		None PC General Purpose 10,000
    Heart of Biddeford
    205 Main St
    Biddeford,ME04005     		None PC General Purpose 5,000
    Hearty Roots
    PO Box 302
    Bristol,ME04539     		None PC General Purpose 7,500
    Herring Gut Learning Center
    PO Box 286
    Port Clyde,ME04855     		None PC General Purpose 18,000
    High Peaks Alliance
    13 Fogg Rd
    Readfield,ME04355     		None PC General Purpose 22,500
    High Peaks Creative Council
    13 Fogg Road
    Readfield,ME04355     		None PC General Purpose 5,000
    Hirundo Wildlife Trust
    PO Box 266
    Orono,ME04473     		None PC General Purpose 12,500
    Hurricane Island Center for Science and Leadership
    PO Box 1280
    Rockland,ME04841     		None PC General Purpose 18,000
    iCan Shine
    PO Box 541
    Paoli,PA19301     		None PC General Purpose 5,000
    Ice Dance International
    48 Eliot Rd
    Kittery,ME03904     		None PC General Purpose 7,500
    Illustration Institute
    2 Union Street Suite 400
    Portland,ME04108     		None PC General Purpose 10,000
    Independence Association
    3 Industrial Parkway
    Brunswick,ME04011     		None PC General Purpose 13,000
    Indigo Arts Alliance
    60 Cove St
    Portland,ME04101     		None PC General Purpose 28,000
    Inland Woods Trails
    PO Box 572
    Bethel,ME04217     		None PC General Purpose 23,000
    Intercultural Community Center
    36 Patrick Dr
    Westbrook,ME04092     		None PC General Purpose 12,000
    Johnson Hall Inc
    PO Box 777
    Gardiner,ME04345     		None PC General Purpose 8,000
    Kennebec Estuary Land Trust
    PO Box 1128
    Bath,ME04530     		None PC General Purpose 48,000
    Kennebec Land Trust
    PO Box 261
    Winthrop,ME04364     		None PC General Purpose 18,000
    Kennebec Performing Arts Company
    PO Box 481
    Augusta,ME04332     		None PC General Purpose 5,000
    Kennebec Valley YMCA
    31 Union Street
    Augusta,ME04330     		None PC General Purpose 4,400
    Knox County Homeless Coalition
    PO Box 1696
    Rockland,ME04841     		None PC General Purpose 7,500
    LA Arts
    221 Lisbon Street
    Lewiston,ME04240     		None PC General Purpose 10,000
    LA Public Theatre Inc
    31 Maple Street
    Lewiston,ME04240     		None PC General Purpose 18,000
    Lake Stewards of Maine
    24 Maple Hill Road
    Auburn,ME04210     		None PC General Purpose 15,000
    Lakes Environmental Association
    230 Main Street
    Bridgton,ME04009     		None PC General Purpose 15,000
    Land in Common
    217 South Mountain Rd
    Green,ME04236     		None PC General Purpose 11,000
    Laudholm Trust
    342 Laudholm Farm Road
    Wells,ME04090     		None PC General Purpose 15,000
    Leaps of Imagination Inc
    PO Box 843
    Rockport,ME04856     		None PC General Purpose 7,500
    Little Cranberry Yacht Club Community Sailing & Education Foundation
    PO Box 298
    Ilseford,ME04646     		None PC General Purpose 5,000
    Loon Echo Land Trust
    8 Depot St Suite 4
    Bridgton,ME04009     		None PC General Purpose 15,000
    Mad Horse Theater Company
    24 Mosher St
    South Portland,ME04106     		None PC General Purpose 5,000
    Main Street Skowhegan
    48 Court St
    Skowhegan,ME04976     		None PC General Purpose 16,500
    Maine Academy of Modern Music
    125 Presumpscott St Bldg14
    Portland,ME04103     		None PC General Purpose 15,000
    Maine Adaptive Sports & Recreation
    PO Box 853
    Bethel,ME04217     		None PC General Purpose 18,000
    Maine Appalachian Trail Club Inc
    PO Box 7564
    Portland,ME04112     		None PC General Purpose 21,500
    Maine Appalachian Trail Land Trust
    PO Box 761
    Portland,ME04104     		None PC General Purpose 10,500
    Maine Association of Conservation Districts
    PO Box 541
    Portland,ME04112     		None PC General Purpose 6,000
    Maine Association of Nonprofits
    565 Congress St Suite 301
    Portland,ME04101     		None PC General Purpose 20,500
    Maine Audubon
    20 Gilsland Farm Road
    Falmouth,ME04105     		None PC General Purpose 35,000
    Maine Community Foundation
    245 Main St
    Ellsworth,ME04605     		None PC General Purpose 2,500
    Maine Conservation Alliance
    295 Water Street Suite 9
    Augusta,ME04330     		None PC General Purpose 10,000
    Maine Crafts Association
    142 Sheridan St
    Portland,ME04345     		None PC General Purpose 18,000
    Maine Environmental Education Assoc
    31 Woodside Road
    Brunswick,ME04011     		None PC General Purpose 80,600
    Maine Humanities Council
    674 Brighton Ave
    Portland,ME04102     		None PC General Purpose 7,500
    Maine Jewish Film Festival
    PO Box 7465
    Portland,ME04112     		None PC General Purpose 5,000
    Maine Lakes
    PO Box 91
    Yarmouth,ME04096     		None PC General Purpose 23,000
    Maine Math and Science Alliance
    PO Box 2246
    Augusta,ME04338     		None PC General Purpose 23,000
    Maine Mental Health Connections Inc
    2 Second St
    Bangor,ME04401     		None PC General Purpose 10,000
    Maine Mountain Collaborative
    45 Exchange Street Suite 303
    Portland,ME04101     		None PC General Purpose 10,000
    Maine Organic Farmers & Gardeners Assoc
    PO Box 170
    Unity,ME04988     		None PC General Purpose 20,000
    Maine Philanthropy Center
    PO Box 9301
    Portland,ME04104     		None PC General Purpose 12,500
    Maine Public
    1450 Lisbon St
    Lewiston,ME04240     		None PC General Purpose 15,000
    Maine School Garden Network
    28 State House Station
    Augusta,ME04333     		None PC General Purpose 8,000
    Maine State Ballet
    348 US Route One
    Falmouth,ME04105     		None PC General Purpose 8,000
    Maine State Music Theatre
    22 Elm Street
    Brunswick,ME04011     		None PC General Purpose 5,000
    Maine Transgender Network
    511 Congress St 107
    Portland,ME04101     		None PC General Purpose 2,000
    Maine TREE Foundation
    535 Civic Center Drive
    Augusta,ME04330     		None PC General Purpose 18,000
    Maine Wabanaki REACH
    PO Box 221
    Stillwater,ME04489     		None PC General Purpose 2,500
    Mainely Girls
    PO Box 1895
    Presque Isle,ME04769     		None PC General Purpose 5,000
    Mano en Mano
    PO Box 573
    Milbridge,ME04658     		None PC General Purpose 2,500
    Mayo Street Arts
    10 Mayo St
    Portland,ME04101     		None PC General Purpose 20,500
    Medical Care Development Inc
    11 Parkwood Dr
    Augusta,ME04332     		None PC General Purpose 10,000
    Merryspring Nature Center
    30 Conway Road
    Camden,ME04843     		None PC General Purpose 12,500
    Midcoast Conservancy
    290 US Route 1
    Edgecomb,ME04556     		None PC General Purpose 18,000
    Midcoast Outdoor Leadership Initiative
    PO Box 1395
    Camden,ME04843     		None PC General Purpose 10,000
    Midcoast Symphony Orchestra
    PO Box 86
    Brunswick,ME04011     		None PC General Purpose 5,000
    Midcoast Youth Center
    4 Old Brunswick Rd
    Bath,ME04530     		None PC General Purpose 23,000
    Millinocket Memorial Library
    5 Maine Ave
    Millinocket,ME04462     		None PC General Purpose 12,500
    Mountain Division Alliance
    PO Box 532
    Fryeburg,ME04037     		None PC General Purpose 5,000
    My Place Teen Center
    755 Main St
    Westbrook,ME04092     		None PC General Purpose 18,000
    Natural Resources Council of Maine
    3 Wade Street
    Augusta,ME04330     		None PC General Purpose 10,000
    New England Forestry Foundation Inc
    PO Box 1346
    Littleton,MA01460     		None PC General Purpose 62,500
    New England Grassroots Environment Fund
    PO Box 611
    Newmarket,NH03857     		None PC General Purpose 15,000
    New England Mountain Bike Association
    PO Box 2221
    Acton,MA01720     		None PC General Purpose 5,000
    New Learning Journey
    700 Bragg Hill Rd
    Fayston,VT05673     		None PC General Purpose 15,000
    New Surry Theater and Performing Arts School
    PO Box 1597
    Blue Hill,ME04614     		None PC General Purpose 5,000
    Northern Forest Canoe Trail
    PO Box 565
    Waitsfield,VT05673     		None PC General Purpose 5,000
    Ogunquit Playhouse
    PO Box 915
    Ogunquit,ME03907     		None PC General Purpose 2,000
    One Fish Foundation
    11 Baker St
    Yarmouth,ME04096     		None PC General Purpose 1,500
    Opera House Arts
    PO Box 56
    Stonington,ME04681     		None PC General Purpose 15,500
    Opera Maine
    PO Box 7733
    Portland,ME04112     		None PC General Purpose 6,000
    Outdoor Sports Institute
    175 Aroostook Avenue
    Millinocket,ME04462     		None PC General Purpose 8,000
    Oxford Hills Community Gardens DBA Alan Day Community Garden
    26 Whitman St
    Norway,ME04268     		None PC General Purpose 15,500
    Palaver Strings
    45 Exchange Street 300E
    Portland,ME04101     		None PC General Purpose 28,000
    Penobscot River Paddling Trail
    210 Oak Hill Rd
    Swanville,ME04915     		None PC General Purpose 6,000
    Penobscot Theater Company
    131 Main St
    Bangor,ME04401     		None PC General Purpose 8,000
    Pihcintu
    36 Emerson Dr
    Windham,ME04062     		None PC General Purpose 18,000
    Pine Tree Society Inc
    149 Front St
    Bath,ME04530     		None PC General Purpose 15,000
    Points North Institute
    PO Box 836
    Camden,ME04843     		None PC General Purpose 23,000
    Portland Ballet
    517 Forest Ave Suite 2
    Portland,ME04101     		None PC General Purpose 5,000
    Portland Chamber Music Festival
    PO Box 15385
    Portland,ME04112     		None PC General Purpose 7,500
    Portland Museum of Art
    Seven Congress Square
    Portland,ME04101     		None PC General Purpose 20,000
    Portland Ovations
    PO Box 17573
    Portland,ME04112     		None PC General Purpose 33,000
    Portland Parks Conservancy
    PO Box 15064
    Portland,ME04112     		None PC General Purpose 10,000
    Portland Stage
    PO Box 1458
    Portland,ME04104     		None PC General Purpose 28,000
    Portland Symphony Orchestra
    50 Monument Sq 2nd Floor
    Portland,ME04101     		None PC General Purpose 28,000
    Portland Youth Theater dba STAGES Youth Theater
    1296 Westbrook St
    Portland,ME04102     		None PC General Purpose 13,000
    President and Trustees of Bates College
    Pettigrew Hall 305 College St
    Lewiston,ME04240     		None PC General Purpose 23,000
    Presumpscot Regional Land Trust
    PO Box 33
    Gorham,ME04083     		None PC General Purpose 7,500
    Project Freewill
    62 School St
    New Portland,ME04961     		None PC General Purpose 5,000
    Quebec-Labrador Foundation
    4 S Main St Ste 4
    Ipswich,MA01938     		None PC General Purpose 12,500
    Rangeley Friends of the Arts
    2493 Main St 333
    Rangeley,ME04970     		None PC General Purpose 22,300
    Rangeley Lakes Heritage Trust
    2424 Main Street
    Rangeley,ME04970     		None PC General Purpose 15,000
    Resources for Organizing Social Change
    PO Box 2444
    Augusta,ME04338     		None PC General Purpose 47,000
    ReTreeUS
    4 Dow Road
    Sandwich,ME03227     		None PC General Purpose 20,500
    Rippleeffect
    PO Box 441
    South Portland,ME04106     		None PC General Purpose 23,000
    River Tree Arts
    35 Western Ave
    Kennebunk,ME04043     		None PC General Purpose 15,500
    ROiL dba Maine Inside Out
    PO Box 1062
    Lewiston,ME04243     		None PC General Purpose 15,500
    Royal River Conservation Trust
    PO Box 90
    Yarmouth,ME04096     		None PC General Purpose 6,000
    Rural Community Action Ministry
    81 Church Hill Rd
    Leeds,ME04263     		None PC General Purpose 5,000
    Saco River Theater
    PO Box 661
    Bar Mills,ME04004     		None PC General Purpose 12,000
    SailMaine
    PO Box 574
    Portland,ME04112     		None PC General Purpose 8,000
    Salt Bay Chamberfest
    PO Box 1268
    Damariscotta,ME04543     		None PC General Purpose 7,500
    Scarborough Land Trust
    PO Box 1237
    Scarborough,ME04070     		None PC General Purpose 13,000
    Schoodic Arts for All
    426 Main Street 174
    Winter Harbor,ME04693     		None PC General Purpose 28,000
    Schoodic Institute at Acadia National Park
    PO Box 277
    Winter Harbor,ME04693     		None PC General Purpose 15,000
    Sebasticook Regional Land Trust
    PO Box 184
    Unity,ME04988     		None PC General Purpose 9,000
    SeedMoney
    3 Powderhorn Dr
    Scarborough,ME04074     		None PC General Purpose 10,000
    Southern Maine Conservation Collaborative
    217 Commercial St Suite 302
    Portland,ME04101     		None PC General Purpose 18,000
    SPACE Gallery
    538 Congress St
    Portland,ME04101     		None PC General Purpose 32,500
    Speak About It
    PO Box 4408
    Portland,ME04101     		None PC General Purpose 1,500
    St Joseph's Church
    1 Church St
    Jay,ME04239     		None PC General Purpose 10,000
    St Mary's Nutrition Center (St Mary's Regional Medical Center)
    PO Box 7291
    Lewiston,ME04243     		None PC General Purpose 15,000
    Teens to Trails
    179 Neptune Dr Suite 300
    Brunswick,ME04011     		None PC General Purpose 15,000
    TEMPOart
    PO Box 4101
    Portland,ME04101     		None PC General Purpose 5,000
    Ten Bucks Theater Company
    PO Box 1732
    Bangor,ME04401     		None PC General Purpose 2,000
    Terra Moto Inc
    121 High St
    South Portland,ME04106     		None PC General Purpose 5,000
    The Boys & Girls Clubs of Kennebec Valley
    14 Pray Street
    Gardiner,ME04345     		None PC General Purpose 3,000
    The Dance Hall
    PO Box 691
    Kittery,ME03904     		None PC General Purpose 5,000
    The Ecology School
    184 Simpson Rd
    Saco,ME04072     		None PC General Purpose 10,000
    The Nature Conservancy
    14 Maine Street Suite 401
    Brunswick,ME04011     		None PC General Purpose 15,000
    The Telling Room
    225 Commercial St Suite 201
    Portland,ME04101     		None PC General Purpose 10,000
    The Theater at Monmouth
    PO Box 385
    Monmouth,ME04259     		None PC General Purpose 28,000
    Third Sector New England
    89 South St 700
    Boston,MA02111     		None PC General Purpose 5,000
    Three Rivers Land Trust
    PO Box 295
    Alfred,ME04002     		None PC General Purpose 15,500
    Toddy Pond Association
    PO Box 645
    Blue Hill,ME04614     		None PC General Purpose 3,000
    Town of Jay Maine
    340 Main St
    Jay,ME04239     		None GOV General Purpose 5,000
    Tree Street Youth
    144 Howe Street
    Lewiston,ME04243     		None PC General Purpose 5,000
    Trekkers
    325 Old County Road
    Rockland,ME04841     		None PC General Purpose 23,000
    Twin Villages Foodbank Farm
    PO Box 333
    Damariscotta,ME04543     		None PC General Purpose 15,000
    Una Voce Chamber Choir
    PO Box 210
    Bath,ME04530     		None PC General Purpose 5,000
    United Methodist Camp Properties
    PO Box 277
    Winthrop,ME04364     		None PC General Purpose 20,000
    Unity Barn Raisers
    PO Box 381
    Unity,ME04988     		None PC General Purpose 7,500
    Upper Saco Valley Land Trust
    PO Box 2233
    Conway,NH03818     		None PC General Purpose 7,500
    Veggies to Table
    4 Mills Rd 47
    Newcastle,ME04553     		None PC General Purpose 15,100
    Wabanaki Cultural Preservation Coalition - Nibezun
    PO Box 387
    Old Town,ME04468     		None PC General Purpose 10,000
    Wabanaki Health and Wellness
    1 Merchants Plaza Suite 401
    Bangor,ME04401     		None PC General Purpose 15,000
    Waldo Theater
    PO Box 587
    Waldoboro,ME04572     		None PC General Purpose 3,500
    Waterfall Arts
    256 High Street
    Belfast,ME04915     		None PC General Purpose 28,000
    Waterman's Community Center
    PO Box 526
    North Haven,ME04853     		None PC General Purpose 5,000
    Watershed Center for the Ceramic Arts
    Francine Rudoff 103 Cochran Rd
    Edgecomb,ME04556     		None PC General Purpose 8,000
    Waterville Creates
    10 Water St Suite 106
    Waterville,ME04901     		None PC General Purpose 28,000
    Wayfinder Schools
    PO Box 555
    Camden,ME04843     		None PC General Purpose 5,000
    Western Foothills Land Trust
    PO Box 107 445 Main Street
    Norway,ME04268     		None PC General Purpose 8,000
    White Pines Program
    PO Box 802
    York,ME03909     		None PC General Purpose 18,000
    WhyHunger
    505 8th Ave 2100
    New York,NY10018     		None PC General Purpose 20,500
    Wild Seed Project
    21 Memorial Highway Suite A
    North Yarmouth,ME04097     		None PC General Purpose 4,300
    William A Farnsworth Library and Art Museum
    16 Museum St
    Rockland,ME04841     		None PC General Purpose 10,000
    WinterKids
    506 Main St Suite 10
    Westbrook,ME04092     		None PC General Purpose 10,000
    Wolfe's Neck Center for Agriculture
    184 Burnett Road
    Freeport,ME04032     		None PC General Purpose 20,000
    Women for Healthy Rural Living
    PO Box 463
    Milbridge,ME04658     		None PC General Purpose 26,000
    Total .................................bullet 3a 3,333,900
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,806,439  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFrom Passthrough K-1     		    14 7,773  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 5,110,618 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,110,618
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    The Onion Foundation
     
    Employer identification number

    47-1289795
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    The Onion Foundation
          		Employer identification number
    47-1289795
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Frederick A and Susan D Onion
    414 Hardscrabble Road
     
    Wayne, ME04284

    		$ 55,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Samuel Onion
    414 Hardscrabble Road
     
    Wayne, ME04284

    		$ 7,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Zoe Onion
    365 1/2 22nd Avenue
     
    San Francisco, CA94121

    		$ 7,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    The Onion Foundation
          		Employer identification number

    47-1289795
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    The Onion Foundation
          		Employer identification number

    47-1289795
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bookkeeping Fees 3,702 1,851   1,851
    Accounting and Tax Prep Fees 8,000 4,000   4,000

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TIAA FSB JACKSONBILLE FLA CTF DEP 113,925 113,925
    100000 Yale (CUSIP:98459LAA1) 99,022 99,022
    275000 Stanford (CUSIP:85440KAC8) 270,991 270,991
    100000 Yale (CUSIP: 98459LAB9) 97,701 97,701
    100000 Harvard (CUSIP: 740816AK9) 113,448 113,448
    200000 Harvard (CUSIP: 740816AM5) 228,518 228,518
    110000 MIT (CUSIP: 57571BAG6) 120,649 120,649
    100000 ROCKEFELLER (CUSIP: 77310VAA2) 98,752 98,752

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Name of Stock End of Year Book Value End of Year Fair Market Value
    21294.719 SCGVX 792,164 792,164
    33725.022 BGLKX 1,263,939 1,263,939
    6771.766 CSDIX 149,453 149,453
    65623.119 DFUKX 2,008,067 2,008,067
    7571.803 FXNAX 90,710 90,710
    113314.448 GSAJX 1,704,249 1,704,249
    39292.731 GILHX 987,819 987,819
    208713.835 GIBIX 5,960,867 5,960,867
    3401.361 OAYIX 95,374 95,374
    29155.825 WCMEX 544,339 544,339
    87128.085 WCMIX 2,411,705 2,411,705
    266261.161 REGIX 2,513,505 2,513,505
    49323.581 JOHIX 1,483,160 1,483,160
    99782.646 MISFX 1,534,657 1,534,657
    79270.660 MICFX 1,627,427 1,627,427
    29198.607 MWTIX 318,557 318,557
    2490.019 OBIIX 32,644 32,644
    251509.054 PTLDX 2,464,789 2,464,789
    256886.054 PTSHX 2,509,777 2,509,777
    159404.888 PTSAX 1,480,871 1,480,871
    28837.829 PFPWX 1,560,127 1,560,127
    36925.029 VESGX 1,465,185 1,465,185
    404768.620 VBTIX 4,529,361 4,529,361
    5165.956 VMVAX 402,118 402,118
    462962.963 VBITX 4,912,037 4,912,037
    22507.315 VTRIX 935,854 935,854
    301099.678 VMNVX 8,900,506 8,900,506
    35394.054 VCOBX 750,708 750,708
    136816.416 VSBIX 4,174,042 4,174,042
    57667.780 VIMCX 3,401,822 3,401,822
    100000 UTD KINGDOM ETF (CUSIP: 46435G334) 331,400 331,400
    9228 MSCI GLOBAL (CUSIP: 46435G532) 837,533 837,533
    1000 TR ESG MSCI (CUSIP: 46435U218) 84,370 84,370
    31500 SPDR (CUSIP: 78464A870) 3,526,740 3,526,740
    34433 VANGUARD (CUSIP: 921910725) 2,135,535 2,135,535
    40500 VANGUARD (CUSIP:921910733) 3,559,545 3,559,545
    10422 VANGUARD (CUSIP: 921937827) 842,410 842,410

    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Venture 51 Capital Partners FMV 54,693 54,693
    Keystone Real Estate Lending Fund, LP FMV 3,602 3,602
    Infinity Special Situations Fund II, LLC FMV 322,070 322,070
    Kickstart Seed Fund V, LP FMV 196,515 196,515
    52 Hanover LLC FMV 1,700,000 1,700,000
    Providence Partners FMV 2,000,000 2,000,000

    TY 2021 LegalFeesSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 185 0   185


    TY 2021 OtherDecreasesSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Description Amount
    Net Unrealized Loss on Investments 3,479,088


    TY 2021 OtherExpensesSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office Expenses 45,206 0   45,206
    Insurance 1,726 0   1,726
    Accrual to Cash 0 0   -5,629


    TY 2021 OtherIncomeSchedule2
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    From Passthrough K-1 7,773 7,773 7,773


    TY 2021 OtherLiabilitiesSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Description Beginning of Year - Book Value End of Year - Book Value
    Visa Card 156 0
    Payroll Liabilities 663 1,292


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Advisory Fees 83,064 83,064   0
    Other Professional Services 75,240 0   75,240


    TY 2021 TaxesSchedule
    Name:
    The Onion Foundation
    EIN:
    47-1289795
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax 35,087 0   0
    Foreign Tax 11,687 11,687   0