Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Onion Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)2 Great Falls Plaza Box 7
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Auburn, ME04210
A Employer identification number

47-1289795
B Telephone number (see instructions)

(207) 221-0272
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$64,768,101J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,273,355 1,273,355  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -4,536,890
b Gross sales price for all assets on line 6a 18,387,950
7 Capital gain net income (from Part IV, line 2)... 0
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
List of Attached Documents:
// Content
-944,136 -944,136  
12 Total. Add lines 1 through 11........ -4,207,671 329,219  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 32,498 0   32,498
14 Other employee salaries and wages...... 520,743 0   520,743
15 Pension plans, employee benefits....... 138,291 0   138,291
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
185 0   185
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,215 24,108   24,107
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
182,543 73,482   109,061
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
19,809 19,809   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 53,074 0   53,074
21 Travel, conferences, and meetings....... 21,412 0   21,412
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
124,001 0   118,989
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,140,771 117,399   1,018,360
25 Contributions, gifts, grants paid....... 3,334,875 3,334,875
26 Total expenses and disbursements. Add lines 24 and 25 4,475,646 117,399   4,353,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,683,317
b Net investment income (if negative, enter -0-) 211,820
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 81,691 554,818 554,818
2 Savings and temporary cash investments......... 667,188 1,112,930 1,112,930
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow510,000
Less: allowance for doubtful accounts right arrow0 500,000 510,000 510,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,015,249 Click to see attachment
List of Attached Documents:
// Content
4,076,159 		4,076,159
b Investments—corporate stock (attach schedule)....... 49,975,746 Click to see attachment
List of Attached Documents:
// Content
49,082,092 		49,082,092
c Investments—corporate bonds (attach schedule)....... 4,238,753 Click to see attachment
List of Attached Documents:
// Content
4,659,400 		4,659,400
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,184,663 Click to see attachment
List of Attached Documents:
// Content
4,754,473 		4,754,473
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
18,229 		Click to see attachment
List of Attached Documents:
// Content
18,229
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,663,290 64,768,101 64,768,101
Liabilities 17 Accounts payable and accrued expenses.......... 2,964 13,388
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
2,231 		Click to see attachment
List of Attached Documents:
// Content
3,233
23 Total liabilities (add lines 17 through 22)......... 5,195 16,621
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 64,658,095 64,751,480
29 Total net assets or fund balances (see instructions)..... 64,658,095 64,751,480
30 Total liabilities and net assets/fund balances (see instructions). 64,663,290 64,768,101
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
64,658,095
2
Enter amount from Part I, line 27a .....................
2
-8,683,317
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
8,776,702
4
Add lines 1, 2, and 3 ..........................
4
64,751,480
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
64,751,480
Form 990-PF (2023)
Form 990-PF (2023)
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 18,352,330   22,924,840 -4,572,510
b 16,250     16,250
c 19,370     19,370
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       -4,572,510
b       16,250
c       19,370
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 -4,536,890
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  
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 right arrow 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) 1 2,944
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 2,944
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 2,944
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 34,675
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,675
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 32,731
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow32,731 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowME
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowwww.onionfoundation.org
14
The books are in care ofright arrowFrederick Onion President & Trustee Telephone no.right arrow (207) 221-0272

Located atright arrow2 Great Falls Plaza Box 7AuburnME ZIP+4right arrow04210
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowGK
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(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
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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 Trustee
18.00 		0 16,249 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Susan Onion Trustee
18.00 		0 16,249 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Zoe Onion Trustee
1.00 		0 0 0
2 Great Falls Plaza Box 7
Auburn,ME04210
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
Diana L Morris Executive Director
36.00 		224,248 35,413 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Nathaniel May Program Officer
36.00 		120,630 18,505 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Dana T Kidder Program Officer
36.00 		98,679 19,633 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Sara Struever Grants Administrator
36.00 		72,612 38,860 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
Harpswell Capital Advisors Investment Advisory 63,755
41 Campus Drive 203
New Gloucester,ME04260
Total number of others receiving over $50,000 for professional services.............right arrow0
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 Fork Food Hub LLC - Fork Food Hub is a partnership related to and that operates in tandem with Fork Food Lab, a public charity based in South Portland, Maine. The Lab utilizes the LLC to better engage in food storage, processing, and development activities. The Lab's mission is to serve as an incubator and shared kitchen space to grow the local food economy and to promote sustainable food and agriculture practices. The Foundation's equity interest in Fork Food Hub LLC will provide a source of funding for the LLC's and Lab's joint efforts to promote the Hub's overall exempt purposes. The Foundation feels that this investment aligns with and furthers its strategic goals and charitable mission. 100,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow100,000
Form 990-PF (2023)
Form 990-PF (2023)
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
59,168,324
b
Average of monthly cash balances.......................
1b
1,099,229
c
Fair market value of all other assets (see instructions)................
1c
4,537,047
d
Total (add lines 1a, b, and c).........................
1d
64,804,600
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
64,804,600
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
972,069
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
63,832,531
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,191,627
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
3,191,627
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,944
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,944
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,188,683
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,188,683
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
3,188,683
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
4,353,235
b
Program-related investments—total from Part VIII-B..................
1b
100,000
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
4,453,235
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 3,188,683
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 70,753
b From 2019......  
c From 2020......  
d From 2021...... 1,097,623
e From 2022...... 482,865
f Total of lines 3a through e ........ 1,651,241
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 4,453,235
a Applied to 2022, 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 2023 distributable amount..... 3,188,683
e Remaining amount distributed out of corpus 1,264,552
5 Excess distributions carryover applied to 2023. 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 2,915,793
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		70,753
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,845,040
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 1,097,623
d Excess from 2022.... 482,865
e Excess from 2023.... 1,264,552
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Onion Foundation
2 Great Falls Plaza Box 7
Auburn,ME04210
(207) 221-0272
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: https://www.onionfoundation.org/how-to-apply-index Onion Foundation offers grants through its Arts Program and its Environment Program. Please review the appropriate program page to learn more about our strategies and find what is right for your organization and project. Our Grants Awarded pages have information about projects and organizations that have received grants from Onion Foundation. If your organization is a good match, consider contacting us to discuss your application and proposal. We encourage new applicants to discuss their ideas and plans with foundation staff before applying.
cAny submission deadlines:
Application links are posted on the program pages when the application period is open.
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, operate under a fiscal sponsor that is a qualified 501(c)3 public charity, be a public education institution, or be a Maine governmental unit. We strongly encourage fiscally sponsored applicants to discuss their proposal ideas with a program officer before writing their application.
Form 990-PF (2023)
Form 990-PF (2023)
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,ME041019998 		N/A PC To support free music education for Maine youth 7,500

30 Mile River Watershed Association

PO Box 132
Mt Vernon,ME04352 		N/A PC To provide general support 15,000

317 Main Community Music Center

317 Main Street
Yarmouth,ME04096 		N/A PC To provide general support 20,000

A Climate to Thrive

PO Box 75
Mount Desert,ME04660 		N/A PC To provide general support 15,000

A Company of Girls

PO Box 7527
Portland,ME04112 		N/A PC To support afterschool and outreach arts-based resiliency programming for girls 10,000

Abbe Museum

26 Mount Desert Street
Bar Harbor,ME04609 		N/A PC To provide general support 20,000

Acorn Productions

PO Box 4644
Portland,ME04112 		N/A PC To provide general support 5,500

Adaptive Outdoor Education Center

6027 Village on the Green
Carrabassett Valley,ME04947 		N/A PC To offer inclusive outdoor programs for people living with disabilities 11,500

Androscoggin Valley Council of Governments (fbo Good Food Council of L-A)

125 Manley Road
Auburn,ME04210 		N/A PC To provide support to the Good Food Council of Lewiston 1,500

Androscoggin Valley Soil and Water Conservation District

254 Goddard Road
Lewiston,ME04240 		N/A GOV To support free youth environmental education in Androscoggin and Sagadahoc Counties 8,000

Apogee Arts (dba Alison Chase Performance)

PO Box 224
Brooksville,ME04617 		N/A PC To provide general support 10,000

Appalachian Mountain Club

10 City Square
Boston,MA02129 		N/A PC To support Maine Woods Community Youth and Environment program 20,000

ArtVan

10 State Road
Bath,ME04530 		N/A PC To provide general support 15,000

ArtWaves

1345A State Highway 102
Bar Harbor,ME04609 		N/A PC To provide general support 7,500

Augusta Colonial Theater

70 State Street administration
Augusta,ME04330 		N/A PC To support public arts programming 5,000

Bagaduce Music

49 South Street
Blue Hill,ME04614 		N/A PC To provide general support 10,000

Bangor Symphony Orchestra

PO Box 1441
Bangor,ME044021441 		N/A PC To support young people's concerts 15,000

Bangor Young Men's Christian Association

17 2nd Street
Bangor,ME044016133 		N/A PC To include more youth of color in Bangor YMCA's Leader School 20,000

Barn Arts

130 Tremont Road
Bass Harbor,ME04605 		N/A PC For after school theater education with four Hancock county elementary schools 7,500

Bay Chamber Concerts & Music School

PO Box 599
Rockport,ME04847 		N/A PC To support Bay Chamber Music School programming 12,500

Belfast Flying Shoes

93 Kaler Road
Belfast,ME04915 		N/A PC To provide general support 7,500

Bethel Area Arts & Music

PO Box 534
Bethel,ME04217 		N/A PC To provide general support 10,000

Bicycle Coalition of Maine

38 Diamond Street
Portland,ME04101 		N/A PC To provide general support 20,000

Blue Hill Bach

PO Box 428
Blue Hill,ME04614 		N/A PC To support education events and concerts promoting Baroque music 5,000

Blue HIll Community Development (fbo ISLE Theater Company)

PO Box 565
Blue Hill,ME046141317 		N/A PC To support ISLE Theater Company's original play and storytelling event 2,500

Blue Hill Concert Association

PO Box 140
Blue Hill,ME04614 		N/A PC To provide general support 6,000

Boothbay Sea and Science Center

12 Carter Road PO Box 332
East Boothbay,ME04544 		N/A PC To provide general support 15,000

Boys & Girls Clubs of Southern Maine

PO Box 7830
Portland,ME04112 		N/A PC For the Lewiston Clubhouse in light of the October 2023 mass shooting 5,000

Brunswick-Topsham Land Trust Inc

179 Neptune Drive
Brunswick,ME040113080 		N/A PC To support nature-based education programs 30,000

Camp Susan Curtis

1321 Washington Avenue Suite 104
Portland,ME04103 		N/A PC To provide general support 15,000

Celebration Barn Theater

190 Stock Farm Road
South Paris,ME04281 		N/A PC To provide general support 15,000

Center for an Ecology Based Economy

447 Main Street
Norway,ME04268 		N/A PC To provide general support 20,000

Center for Maine Contemporary Art

Center for Maine Contemporary Art
Rockland,ME04841 		N/A PC Hands-on arts education programs for people of all ages and abilities 10,000

Center Theatre for the Performing Arts

20 E Main Street
Dover Foxcroft,ME044261414 		N/A PC To support an after school youth theater program 5,000

Central Hall Commons (fbo The Joy Truck Project)

152 East Main Street
Dover Foxcroft,ME04426 		N/A PC To support The Joy Truck Project and mobile arts programs in Piscataquis County 6,500

Children's Museum & Theatre of Maine

250 Thompsons Point Road
Portland,ME04102 		N/A PC To support the mainstage productions of their Centennial Season 7,500

Classical Uprising

PO Box 7259
Portland,ME04112 		N/A PC To provide general support 15,000

Climate Change for All Educators Inc

59 Summersweet Lane
New Canaan,CT06510 		N/A PC To establish the Maine Climate Education Hub 30,000

Coastal Rivers Conservation Trust

PO Box 333
Damariscotta,ME04543 		N/A PC To provide general support 15,000

Cobscook Institute

Cobscook Institute
Trescott Township,ME04652 		N/A PC To ensure access to high quality youth outdoor programs 10,000

Conservation Law Foundation Inc (fbo Slingshot)

62 Summer Street
Boston,MA02110 		N/A PC For Slingshot to facilitate environmental organizing in Maine 15,000

Creative Portland Corporation (fbo Portland Theater Festival)

84 Free Street
Portland,ME04101 		N/A PC For the Portland Theater Festival; inclusive theater in Portland 15,000

Denmark Arts Center

50 West Main Street
Denmark,ME04022 		N/A PC To provide general support 5,000

Documentary Songwriters

PO Box 712
Rockport,ME04856 		N/A PC To help members of Maine's immigrant community tell their stories through songs 7,000

Downeast Institute for Applied Marine Research and Education

PO Box 83
Beals,ME04611 		N/A PC To support K-12 environmental literacy programs 20,000

Downeast Lakes Land Trust

4 Water Street
Grand Lake Stream,ME04668 		N/A PC To provide general support 17,500

East Coast Greenway Alliance

5826 Fayetteville Road Suite 210
Durham,NC27713 		N/A PC To support trail development and connectivity in Maine 30,000

Ellsworth Community Music Institute

125 State Street
Ellsworth,ME04605 		N/A PC To provide general support 7,500

Engine Inc

163 Main Street
Biddeford,ME04005 		N/A PC To provide general support 12,500

Farnsworth Art Museum

16 Museum Street
Rockland,ME04841 		N/A PC To support Arts in Education 15,000

Fit Girls of Wilton Maine

PO Box 493
Wilton,ME04294 		N/A PC To provide general support 4,000

Foundation for Portland Public Schools

353 Cumberland Avenue
Portland,ME04101 		N/A PC To provide general support 2,000

Fractured Atlas (fbo DownEast New Music)

PO Box 55
Harsdale,NY10530 		N/A PC For DownEast New Music to present a series of contemporary chamber music 2,500

Frenchman Bay Conservancy

PO Box 150
Hancock,ME04640 		N/A PC To support a nature-based education program 15,000

Friends of Bear Mountain Music Hall

229 Knights Hill Road
Bridgton,ME04009 		N/A PC To support the 2023 season of arts programs 5,000

Friends of Congress Square Park

PO Box 5056
Portland,ME04101 		N/A PC To provide general support 5,000

Friends of Katahdin Woods & Waters

PO Box 18177
Portland,ME04112 		N/A PC To support the Katahdin Learning Project 25,000

Friends of the Cobbossee Watershed

PO Box 206
East Winthrop,ME04343 		N/A PC To provide general support 20,000

Gateway Milbridge

PO Box 62
Milbridge,ME04658 		N/A PC To support a summer concert series 6,000

Great Pond Mountain Conservation Trust

PO Box 266
Orland,ME04472 		N/A PC To support Indigenous-centered interpretive planning for the Wildlands Preserve 20,000

Gulf of Maine Research Institute

350 Commercial Street
Portland,ME04101 		N/A PC To support science-based education programs 20,000

Halcyon Music

6 Broad Street
Rockland,ME04841 		N/A PC To support youth art workshops that reflect on climate change 3,000

Hardy Girls

PO Box 821
Waterville,ME049030821 		N/A PC To support a week-long camp of arts and activism for girls and nonbinary youth 7,500

Haystack Mountain School of Crafts

PO Box 518
Deer Isle,ME046270518 		N/A PC To support local children and adults using technology in creative learning 20,000

Heart of Biddeford

205 Main Street
Biddeford,ME04005 		N/A PC To support free music programs in Biddeford 7,500

Hearty Roots

PO Box 302
Bristol,ME045390302 		N/A PC To provide general support 15,000

Herring Gut Coastal Science Center

PO Box 286
Port Clyde,ME048550286 		N/A PC To provide general support 15,000

Hewnoaks Artist Residency

PO Box 15052
Portland,ME04112 		N/A PC To support a series of events showcasing work made by Hewnoaks alumni 4,000

High Peaks Alliance

PO Box 987
Farmington,ME04938 		N/A PC To provide general support 15,000

Hurricane Island Center for Science and Leadership

19 Commercial Street
Rockland,ME04841 		N/A PC To support place-based environmental and STEM education programs 10,000

Hurricane Island Outward Bound School

PO Box 800
Camden,ME04843 		N/A PC To support wilderness expeditions for Maine youth 15,000

Illustration Institute

2 Union Street Suite 400
Portland,ME04101 		N/A PC Free workshops and presentations with celebrated narrative artists 10,000

Immigrant Legal Advocacy Project

PO Box 17917
Portland,ME04112 		N/A PC To provide general support 2,500

Independence Association

3 Industrial Parkway Suite 1
Brunswick,ME04011 		N/A PC To support Spindleworks 5,000

Indigo Arts Alliance

60 Cove Street
Portland,ME04101 		N/A PC To provide general support 20,000

Intercultural Community Center

36 Patrick Drive
Westbrook,ME040924807 		N/A PC To support outdoor experiences for New Mainer youth and adults 15,000

Islesboro Community Center

PO Box 265
Islesboro,ME048480265 		N/A PC To support youth dance and theater education 7,500

Johnson Hall Inc

PO Box 777
Gardiner,ME04345 		N/A PC To support the Johnson Hall On the Road series 12,500

Katahdin Children and Families Foundation

250 Waters Road
Patten,ME04765 		N/A PC To support free arts education for children and adults in the Katahdin region 5,000

Kennebec Estuary Land Trust

PO Box 1128
Bath,ME045301128 		N/A PC To support the Maine Trails Collaboration 25,000

Kennebec Performing Arts Company

PO Box 481
Augusta,ME04332 		N/A PC To provide general support 5,000

Khmer Maine

15 Casco Street
Portland,ME04101 		N/A PC To establish Khmer Maine's Land & Justice Program 15,000

LA Arts

PO Box 3753
Auburn,ME04212 		N/A PC To provide general support 25,000

Lake Stewards of Maine

24 Maple Hill Road
Auburn,ME04210 		N/A PC To provide general support 25,000

Lakes Environmental Association

230 Main Street
Bridgton,ME04009 		N/A PC To provide general support 15,000

Land in Common (fbo Journey ONEderland)

217 South Mountain Road
Greene,ME04236 		N/A PC Science and Wellness Outdoor Experiential Learning 4 Journey ONEderland Youth 15,000

Land Trust Alliance

1250 H Street NW Suite 600
Washington,DC20005 		N/A PC To support a regional DEIJ learning cohort for land trusts 20,000

Leaps of Imagination Inc

PO Box 843
Rockport,ME04856 		N/A PC To support arts programming and imaginative thinking 8,500

Mad Horse Theater Company

24 Mosher Street
South Portland,ME04106 		N/A PC To provide general support 9,000

Main Street Skowhegan

65 Water Street Unit 1
Skowhegan,ME04976 		N/A PC To support Skowhegan Outdoors 12,500

Maine Academy of Modern Music

125 Presumpscot Street 14
Portland,ME04103 		N/A PC To support strategic planning 27,500

Maine Adaptive Sports & Recreation

PO Box 853
Bethel,ME04217 		N/A PC To provide general support 25,000

Maine Association for the Education of Young Children (fbo MeECO)

295 Water Street Suite 10
Augusta,ME043304659 		N/A PC To train child care providers to offer play based nature learning for pre-k children 25,000

Maine Association of Nonprofits (fbo Cultural Alliance of Maine (CAM))

565 Congress Street
Portland,ME04101 		N/A PC For the Cultural Alliance of Maine's arts and culture advocacy 75,000

Maine Association of Nonprofits

565 Congress Street
Portland,ME04101 		N/A PC For 10 arts organizations to participate in the Oped Project workshops 5,000

Maine Center for Public Interest ReportingThe Maine Monitor

PO Box 284
Hallowell,ME04347 		N/A PC To provide general support 1,000

Maine Climate Action Now (fbo Maine Youth for Climate Justice)

7 Pine Street
Bar Harbor,ME04609 		N/A PC For the operations and activities of Maine Youth for Climate Justice 15,000

Maine Community Integration

11 Lisbon Street
Lewiston,ME042407198 		N/A PC To support outdoor and nature experiences for New Mainer youth and families 26,500

Maine Conservation Alliance

295 Water Street Suite 9
Augusta,ME04330 		N/A PC To provide general support 20,000

Maine Crafts Association

PO Box 342
Gardiner,ME04345 		N/A PC To convene Maine craft-serving organizations' leaders 22,900

Maine Donor Alliance Fund

PO Box 4766
Portland,ME04112 		N/A PC To provide general support 2,500

Maine Environmental Education Association

PO Box 413
Brunswick,ME04011 		N/A PC To provide outdoor learning mini-grants to Maine public schools 46,000

Maine GearShare

PO Box 8738
Portland,ME04104 		N/A PC To provide general support 42,000

Maine Huts & Trails

496C Main Street
Kingfield,ME04947 		N/A PC To support website upgrades and outreach for the Outdoor Access for All program 20,000

Maine Immigrants Rights Coalition (MIRC)

1 Marginal Way
Portland,ME04101 		N/A PC To provide general support 7,000

Maine Inside Out

PO Box 1062
Lewiston,ME04243 		N/A PC To provide general support 10,000

Maine Jewish Film Festival

PO Box 7463
Portland,ME04112 		N/A PC To provide general support 8,000

Maine Lakes

PO Box 91
Yarmouth,ME04096 		N/A PC To establish the Maine Freshwater Education Network 25,000

Maine Mathematics and Science Alliance

343 Water Street
Augusta,ME04330 		N/A PC Professional development of educators using the Teach ME Outside curriculum 30,000

Maine MILL

35 Canal Street Suite 209
Lewiston,ME04240 		N/A PC To support programs featuring Black artists 3,000

Maine Needs

322 Forest Avenue
Portland,ME04103 		N/A PC To provide general support 2,000

Maine Philanthropy Center

314 Forest Avenue Room 321
Portland,ME04101 		N/A PC To provide partial support for its 2023 Foundation Giving in Maine report 9,550

Maine Prisoner Advocacy Coalition (MPAC)

PO Box 446
Lisbon,ME04250 		N/A PC To provide general support 2,500

Maine State Music Theatre

22 Elm Street
Brunswick,ME04011 		N/A PC To support sensory friendly performances 7,500

Maine Transgender Network INC

3 Academy Street
Auburn,ME04101 		N/A PC To provide general support 2,500

Maine Writers & Publishers Alliance (fbo Community Plate)

314 Forest Ave Room 313
Portland,ME04101 		N/A PC For Community Plate's storytelling workshops in communities around Maine 6,000

Maine Writers & Publishers Alliance

314 Forest Avenue Room 313
Portland,ME04101 		N/A PC To offer two free adult writing workshops for the BIPOC community in Lewiston 5,500

Mayo Street Arts

10 Mayo Street
Portland,ME04101 		N/A PC To provide general support 20,000

Meetinghouse Arts

40 Main Street
Freeport,ME04032 		N/A PC To provide general support 10,000

Midcoast Conservancy

290 US Route 1
Edgecomb,ME045560439 		N/A PC To support a Nature-Based Program Manager position at Hidden Valley Nature Center 20,000

Midcoast Symphony Orchestra

PO Box 86
Brunswick,ME040110086 		N/A PC To provide general support 5,000

Mission Earth (fbo Kindling Collective)

1257 Worcester Road Box 312
Framingham,MA01701 		N/A PC Queer-centered activities to enable queer and disabled people to access the outdoors 10,000

Momentum Conservation

22 Monument Square Suite 601
Portland,ME04101 		N/A PC To provide technical and financial support for Land Trusts 470,000

MWL Education Fund

295 Water Street Suite 10
Augusta,ME04330 		N/A PC To provide general support 2,500

Natural Resources Council of Maine

3 Wade Street
Augusta,ME04330 		N/A PC To advocate e for climate resilience and healthy lands and waters 20,000

Nature Based Education Consortium

20 Gilsland Farm Road
Falmouth,ME04105 		N/A PC To provide support on behalf of NBEC 20,000

New England Grassroots Environment Fund Inc

PO Box 611
Newmarket,NH03857 		N/A PC To support grantmaking and convening in Maine 30,000

New Learning Journey

700 Bragg Hill Road
Fayston,VT05673 		N/A PC For the First Light program; access to land and water for Wabanaki people 25,000

Northeastern University (fbo Roux Institute)

University Advancement
Boston,MA02120 		N/A PC To prepare environment nonprofit organizations to develop an earned income stream 27,500

Opera House Arts

PO Box 56
Stonington,ME04681 		N/A PC To provide general support 15,000

Opera Maine

225 Commercial Street 505
Portland,ME04101 		N/A PC To support Studio Artist Program Production 7,000

OUT Maine

PO Box 1723
Rockland,ME04841 		N/A PC To build inclusive arts organizations serving LGBTQ+ communities 10,000

Palaver Strings

380 Cumberland Avenue
Portland,ME041012920 		N/A PC To provide general support 20,000

Penobscot Theatre Company

131 Main Street
Bangor,ME044016309 		N/A PC To provide general support 20,000

Pihcintu

38 Emerson Drive
Windham,ME04062 		N/A PC To provide general support 15,000

Pine Tree Society Inc

149 Front Street
Bath,ME04530 		N/A PC To support people with disabilities attending Pine Tree summer camp 21,500

Pineland Suzuki School

PO Box 604
Manchester,ME043510604 		N/A PC To provide general support 7,500

Piscataquis County Soil and Water Conservation District

42 Engdahl Drive
DoverFoxcroft,ME04426 		N/A GOV To support nature learning programs across Piscataquis County 12,500

Points North Institute

PO Box 836
Camden,ME04843 		N/A PC To provide general support 15,000

Portland Ballet

517 Forest Avenue Suite 2
Portland,ME04101 		N/A PC To provide general support 10,000

Portland Chamber Music Festival

PO Box 15385
Portland,ME04112 		N/A PC To provide general support 10,000

Portland Museum of Art

7 Congress Square
Portland,ME04101 		N/A PC To support learning and community collaboration 20,000

Portland Ovations

120 Exchange Street
Portland,ME04101 		N/A PC To support Ovations Offstage (O2) 20,000

Portland Stage

PO Box 1458
Portland,ME04104 		N/A PC To support K-12 education programs 20,000

Portland Symphony Orchestra

85 Exchange Street 4th Floor
Portland,ME04101 		N/A PC To support youth education programs 20,000

Portland Youth Dance

517 Forest Avenue
Portland,ME04101 		N/A PC To provide general support 12,500

Portland Youth Theater (dba STAGES Youth Theater)

202 Woodford Street
Portland,ME04103 		N/A PC To provide general support 7,000

Presumpscot Regional Land Trust

PO Box 33
Gorham,ME04083 		N/A PC To expand access and connection to nature 15,000

Project Freewill

62 School St
New Portland,ME04961 		N/A PC To provide general support 5,000

Quebec-Labrador Foundation (fbo Community Geographics)

155 Main Street
Farmington,ME04938 		N/A PC For Maine Trail Finder to increase access to trails for disabled persons 30,000

Rangeley Friends of the Performing Arts

2493 Main Street
Rangeley,ME04970 		N/A PC To provide general support 10,000

Rangeley Lakes Heritage Trust

2424 Main Street
Rangeley,ME04970 		N/A PC To provide general support 15,000

ReTreeUS

4 Dow Road
Sandwich,NH03227 		N/A PC To provide general support 17,500

Rippleffect

PO Box 441
Portland,ME04106 		N/A PC To support the Rippleffect Outdoor Leadership Education program 30,000

River Tree Arts

35 Western Avenue
Kennebunk,ME04043 		N/A PC To provide general support 12,000

Rural Aspirations Project

197 Nickerson Road
Swanville,ME049154505 		N/A PC To support place- and nature-based education in Piscataquis County 15,000

Saco River Theatre

PO Box 661
Bar Mills,ME04004 		N/A PC To provide general support 10,000

SailMaine

PO Box 574
Portland,ME04112 		N/A PC To remove transportation barriers to participation in sailing programs 10,000

Salt Bay Chamberfest

PO Box 1268
Damariscotta,ME04543 		N/A PC To provide general support 12,500

Schoodic Arts for All

PO Box 174
Winter Harbor,ME04693 		N/A PC To provide general support 20,000

Schoodic Institute at Acadia National Park

PO Box 277
Winter Harbor,ME04693 		N/A PC To expand seasonal education staff for the Schoodic Education Adventure program 25,000

Side x Side Inc

636 Congress Street
Portland,ME04101 		N/A PC To provide general support 18,000

Skidompha Public Library

184 Main Street
Damariscotta,ME04543 		N/A PC To engage youth in the development of an original performance piece 3,000

smudge studio Incorporated

6 Spruce Knoll Lane
Searsport,ME04974 		N/A PC To support a participatory exhibition 3,000

Snow Pond Center for the Arts

8 Goldenrod Lane
Sidney,ME04330 		N/A PC For free community arts programs in Kennebec County 10,000

SPACE (fbo Vigorous Tenderness)

538 Congress Street
Portland,ME04101 		N/A PC Vigorous Tenderness' outdoor concert of chamber music by marginalized composers 7,500

SPACE

538 Congress Street
Portland,ME04101 		N/A PC To empower Maine musicians through initiatives like the Sonic Visions Fund 20,000

Speak About It

PO Box 4408
Portland,ME04101 		N/A PC To provide general support 2,500

SPEEDWELL projects

630 Forest Avenue
Portland,ME04103 		N/A PC To offer community discussions and workshops related to the work of Alison Hildreth 4,500

St Cecilia Chamber Choir (SCCC)

PO Box 597
Damariscotta,ME04543 		N/A PC To provide general support 3,750

St Joseph Church (fbo Greater Franklin Food Council)

673Stevens Avenue
Portland,ME04103 		N/A PC Elementary school garden education program at Greater Franklin Food Council 3,200

St Mary's Nutrition Center (St Mary's Regional Medical Center)

PO Box 7291
Lewiston,ME04243 		N/A PC To support school garden nature learning programs 15,000

Tear Cap Workshops

22 Hampshire Street
Hiram,ME040413111 		N/A PC Hands-on learning programs for adults 7,500

Teens to Trails

179 Neptune Drive
Brunswick,ME04011 		N/A PC To support planning to make programs more inclusive for disabled youth and youth of color 25,000

TEMPOart

PO Box 4101
Portland,ME04101 		N/A PC To encourage engagement with a public art piece at Portland's Western Promenade 2,500

The Ecology School

River Bend Farm
Saco,ME04072 		N/A PC To provide Maine students with immersive ecology education 25,000

The Public Theatre

31 Maple Street
Lewiston,ME04240 		N/A PC To support a youth education and outreach program 12,500

The Strand Theatre

PO Box 433
Rockland,ME04841 		N/A PC To provide general support 20,000

The Telling Room

225 Commercial Street Suite 201
Portland,ME04101 		N/A PC To provide general support 20,000

The Theater Project

14 School Street
Brunswick,ME04011 		N/A PC To provide general support 7,500

The Third Place Inc

47 Portland Street
Portland,ME04101 		N/A PC For an ECO-BIPOC network to affirm the autonomy of the BIPOC community 20,000

Theater at Monmouth

PO Box 385
Monmouth,ME042590385 		N/A PC To support 2022-2023 statewide education tours 15,000

Tides Institute & Museum of Art

43 Water Street PO Box 161
Eastport,ME04631 		N/A PC For Wabanaki artists to host a performance, workshop, and exhibition 2,500

Tracker Certification

846 Bakersfield Road
Jeffersonville,VT05464 		N/A PC To support Maine's first wildlife tracking workshop for people of color 14,500

Tree Street Youth

144 Howe Street
Lewiston,ME04240 		N/A PC To support the community after crisis 5,000

Trekkers

325 Old County Road
Rockland,ME04841 		N/A PC To provide general support 35,000

Tri-County Mental Health Services

PO Box 2008
Lewiston,ME04201 		N/A PC To support the community after crisis 10,000

UMaine 4-H Centers

PO Box 188
Bryant Pond,ME04219 		N/A PC To provide general support 20,000

Una Voce Chamber Choir

PO Box 210
Bath,ME04530 		N/A PC To support an auditioned community choir 5,000

University of Maine Foundation (fbo Hudson Museum (UMaine))

Two Alumni Place
Orono,ME04469 		N/A PC To support Hudson Museum in hosting the Wabanaki Winter Market. 6,500

University of Maine

5717 Corbett Hall
Orono,ME044695717 		N/A GOV To support Maine Sea Grant as it brings marine science to inland learners 20,000

University of Southern Maine

PO Box 9300
Portland,ME041019300 		N/A GOV Data Innovation Project to help arts organizations collect and analyze data 27,475

USM Foundation (fbo WMPG Radio)

PO Box 9300
Portland,ME04104 		N/A PC WMPG Radio; community jazz education via film screenings 3,000

Wabanaki Public Health and Wellness

16 Central Street PO Box 1356
Bangor,ME04401 		N/A PC Ongoing development and sustainability of its fundraising team 20,000

Wabanaki REACH

PO Box 221
Stillwater,ME04489 		N/A PC To create a community-devised play featuring historic Maine Indian land claims 20,000

Wabanaki Women's Coalition

20 Godfrey Drive Unit 14
Orono,ME04469 		N/A PC To provide general support 2,500

Waterfall Arts

256 High Street
Belfast,ME04915 		N/A PC To provide general support 17,500

Waterman's Community Center

PO Box 526
North Haven,ME04853 		N/A PC To support hands on community arts programming 7,500

Waterville Creates

93 Main Street
Waterville,ME04901 		N/A PC To provide general support 20,000

Wayfinder Schools

PO Box 555
Camden,ME04843 		N/A PC To support Passages Arts program 10,000

Wells Reserve at Laudholm

Laudholm Trust
Wells,ME04090 		N/A PC To provide general support 20,000

Western Foothills Land Trust

PO Box 107
Norway,ME04268 		N/A PC To provide general support 12,500

Wild Seed Project

21 Memorial Highway Suite A
North Yarmouth,ME04097 		N/A PC To support experiential ecological learning in Maine schools 20,000

WinterKids Education Foundation

506 Main Street Suite 10
Westbrook,ME040924387 		N/A PC To provide general support 10,000

Wolfe's Neck Center for Agriculture & the Environment

184 Burnett Road
Freeport,ME04032 		N/A PC To provide general support 15,000

Women for Healthy Rural Living

PO Box 463
Milbridge,ME04658 		N/A PC To support the Outdoor Women Lead and Owlette programs 12,000

Wounded Healers International (fbo Kivulini Afro Yoga Studio)

PO Box 1052
Gorham,ME04038 		N/A PC For Kivulini Afro Yoga Studio to engage New Mainers in outdoor excursions 10,000

Young Men's Christian Association Auburn-Lewiston Maine

62 Turner Street
Auburn,ME042105953 		N/A PC To provide general support 1,500
Total .................................right arrow 3a 3,334,875
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 1,273,355  
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 -4,536,890  
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 -945,208  
bLitigation proceeds     01 1,072  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -4,207,671 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-4,207,671
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bookkeeping Fees 41,715 20,858   20,857
Accounting and Tax Prep Fees 6,500 3,250   3,250

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
Onion Foundation
EIN:
47-1289795
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
Fork Food Hub LLC
  		65-97 Darling Avenue
South Portland,ME04106 		2023-04-30 100,000 Fork Food Hub LLC - Fork Food Hub is a partnership related to and that operates in tandem with Fork Food Lab, a public charity based in South Portland, Maine. The Lab utilizes the LLC to better engage in food storage, processing, and development activities. The Lab's mission is to serve as an incubator and shared kitchen space to grow the local food economy and to promote sustainable food and agriculture practices. The Foundation's equity interest in Fork Food Hub LLC will provide a source of funding for the LLC's and Lab's joint efforts to promote the Hub's overall exempt purposes. The Foundation feels that this investment aligns with and furthers its strategic goals and charitable mission. 100,000 None Reports received at least annually, and by no later than September 15 2024-09-15 From the Partnership, Onion Foundation has obtained copies of the partnership agreement, the Partnership's annual tax return, and the Foundation's associated annual Schedule K-1 to report the Foundation's share of income and losses from this program-related investement. To date, based on the reports and documents received by the Partnership and to the best of the Foundation's knowledge, there have been no diversions or unauthorized uses of funds.

TY 2023 InvestmentsCorpBondsSchedule
Name:
Onion Foundation
EIN:
47-1289795
Name of Bond End of Year Book Value End of Year Fair Market Value
240000 Morgan Stanley (CUSIP: 61768EJN4) 237,912 237,912
200000 Synchrony (CUSIP: 87164YN34) 198,192 198,192
250000 BMO Harris (CUSIP: 05600XAN0) 243,367 243,367
50000 Getty Paul J TR (CUSIP: 374288AB4) 50,000 50,000
750000 BNP Paribas (CUSIP: 05601WW49) 744,975 744,975
125000 Citigrup (CUSIP: 17330RLN3) 140,887 140,887
450000 Yale (CUSIP:98459LAA1) 425,988 425,988
500000 Citigroup (CUSIP: 17330FDV0) 534,650 534,650
500000 JP Morgan Chase (CUSIP: 481363FBF1) 606,300 606,300
275000 Stanford (CUSIP:85440KAC8) 248,837 248,837
500000 Citigroup (CUSIP: 17330PR43) 595,600 595,600
145000 BNP Paribas (CUSIP: 05592QGV1) 151,598 151,598
100000 Yale (CUSIP: 98459LAB9) 83,708 83,708
100000 Harvard (CUSIP: 740816AK9) 94,014 94,014
200000 Harvard (CUSIP: 740816AM5) 154,584 154,584
110000 MIT (CUSIP: 575718AG6) 82,783 82,783
100000 ROCKEFELLER (CUSIP: 77310VAA2) 66,005 66,005

TY 2023 InvestmentsCorpStockSchedule
Name:
Onion Foundation
EIN:
47-1289795
Name of Stock End of Year Book Value End of Year Fair Market Value
59168.665 BGLKX 1,573,295 1,573,295
16376.804 FXAIX 2,710,197 2,710,197
236230.233 GSAJX 3,011,935 3,011,935
164473.486 GIBIX 3,917,758 3,917,758
2233 GUG 32,736 32,736
130194.407 WCMIX 2,963,225 2,963,225
136967.554 JOHIX 3,174,908 3,174,908
11743.770 MIAPX 252,021 252,021
302168.310 MWTIX 2,776,927 2,776,927
79957.669 VESGX 3,253,478 3,253,478
38294.613 VFTAX 1,732,831 1,732,831
520804.955 VBTIX 5,057,016 5,057,016
5165.956 VMVAX 389,255 389,255
94363.678 VTRIX 3,808,518 3,808,518
136346.275 VCOBX 2,481,502 2,481,502
30135.610 VUSFX 601,205 601,205
6779.004 WIAX 395,148 395,148
1000 SUSL 84,380 84,380
21500 XBI 1,919,735 1,919,735
16900 EDV 1,369,407 1,369,407
38000 VSGX 2,100,640 2,100,640
30000 ESGV 2,551,800 2,551,800
16000 MGV 1,749,920 1,749,920
4000 BND 294,200 294,200
5705 VUSB 282,055 282,055
4000 VTV 598,000 598,000

TY 2023 InvestmentsGovtObligationsSch
Name:
Onion Foundation
EIN:
47-1289795
US Government Securities - End of Year Book Value:

4,076,159
US Government Securities - End of Year Fair Market Value:

4,076,159
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
Onion Foundation
EIN:
47-1289795
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PRI - Fork Food Hub LLC FMV 67,533 67,533
Venture 51 Capital Partners FMV 22,035 22,035
Infinity Special Situations Fund II, LLC FMV 127,945 127,945
Kickstart Seed Fund V, LP FMV 236,584 236,584
52 Hanover LLC FMV 802,351 802,351
Providence Partners FMV 323,754 323,754
Long Path Smaller Companies Fund FMV 1,024,378 1,024,378
HSBC Institutional Trust Services (Asia) LTD FMV 2,000,000 2,000,000
70000 Weiss Korea FMV 149,893 149,893

TY 2023 LegalFeesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 185 0   185


TY 2023 OtherAssetsSchedule
Name:
Onion Foundation
EIN:
47-1289795
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Investment redemptions in transit 0 18,229 18,229


TY 2023 OtherExpensesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Office Expenses 35,089 0   35,089
MANP Dues and Grant Software 14,050 0   14,050
Insurance 1,329 0   1,329
Website Design and Maintenance 31,150 0   31,150
Advertising & Marketing 42,383 0   42,383
Accrual to Cash 0 0   -5,012


TY 2023 OtherIncomeSchedule2
Name:
Onion Foundation
EIN:
47-1289795
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
From Passthrough K-1 -945,208 -945,208 -945,208
Litigation proceeds 1,072 1,072 1,072


TY 2023 OtherIncreasesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Description Amount
Net Unrealized Gain on Investments 8,776,702


TY 2023 OtherLiabilitiesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Description Beginning of Year - Book Value End of Year - Book Value
Payroll Liabilities 2,231 3,233


TY 2023 OtherProfessionalFeesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Advisory Fees 73,482 73,482   0
Philanthopy Advisor Fees 15,000 0   15,000
Executive Coaching Fees 94,061 0   94,061


TY 2023 TaxesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes on Investments 19,809 19,809   0