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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$63,607,053J 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... 1,499,813 1,499,813  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,906,644
b Gross sales price for all assets on line 6a 19,154,541
7 Capital gain net income (from Part IV, line 2)... 1,906,644
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
-281,977 -281,977  
12 Total. Add lines 1 through 11........ 3,124,480 3,124,480  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 30,525 0   30,525
14 Other employee salaries and wages...... 570,961 0   570,961
15 Pension plans, employee benefits....... 206,842 0   206,842
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
385 0   385
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,601 10,801   10,800
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
90,170 72,284   17,886
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
25,798 24,798   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 49,014 0   49,014
21 Travel, conferences, and meetings....... 21,319 0   21,319
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
157,437 0   160,647
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,174,052 107,883   1,068,379
25 Contributions, gifts, grants paid....... 4,380,610 4,380,610
26 Total expenses and disbursements. Add lines 24 and 25 5,554,662 107,883   5,448,989
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,430,182
b Net investment income (if negative, enter -0-) 3,016,597
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 554,818 617,617 617,617
2 Savings and temporary cash investments......... 1,112,930 528,412 528,412
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 510,000 510,000 510,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 4,076,159 Click to see attachment
List of Attached Documents:
// Content
5,458,600 		5,458,600
b Investments—corporate stock (attach schedule)....... 49,082,092 Click to see attachment
List of Attached Documents:
// Content
48,233,275 		48,233,275
c Investments—corporate bonds (attach schedule)....... 4,659,400 Click to see attachment
List of Attached Documents:
// Content
3,445,115 		3,445,115
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).......... 4,754,473 Click to see attachment
List of Attached Documents:
// Content
4,766,476 		4,766,476
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
18,229 		Click to see attachment
List of Attached Documents:
// Content
47,558 		Click to see attachment
List of Attached Documents:
// Content
47,558
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,768,101 63,607,053 63,607,053
Liabilities 17 Accounts payable and accrued expenses.......... 13,388 4,345
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
3,233 		Click to see attachment
List of Attached Documents:
// Content
365
23 Total liabilities (add lines 17 through 22)......... 16,621 4,710
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 64,751,480 63,602,343
29 Total net assets or fund balances (see instructions)..... 64,751,480 63,602,343
30 Total liabilities and net assets/fund balances (see instructions). 64,768,101 63,607,053
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
64,751,480
2
Enter amount from Part I, line 27a .....................
2
-2,430,182
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,281,045
4
Add lines 1, 2, and 3 ..........................
4
63,602,343
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
63,602,343
Form 990-PF (2024)
Form 990-PF (2024)
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 18,725,273   17,214,849 1,510,424
b     33,048 -33,048
c 429,268     429,268
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       1,510,424
b       -33,048
c       429,268
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 1,906,644
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 41,931
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 41,931
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 41,931
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 32,731
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 65,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 97,731
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 55,800
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow55,800 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 15,263 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Susan Onion Trustee
18.00 		0 15,262 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Alene Onion Trustee (start 2024)
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 		227,747 39,870 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Nathaniel May Program Officer
36.00 		126,667 21,200 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Rosalind B Erwin Program Officer
36.00 		103,434 44,314 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Sara Struever Grants Administrator
36.00 		83,788 47,016 0
2 Great Falls Plaza Box 7
Auburn,ME04210
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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 66,792
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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
58,737,447
b
Average of monthly cash balances.......................
1b
1,409,310
c
Fair market value of all other assets (see instructions)................
1c
4,611,044
d
Total (add lines 1a, b, and c).........................
1d
64,757,801
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
64,757,801
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
971,367
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
63,786,434
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,189,322
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
3,189,322
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
41,931
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
41,931
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,147,391
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,147,391
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
3,147,391
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
5,448,989
b
Program-related investments—total from Part VIII-B..................
1b
0
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
5,448,989
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 3,147,391
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021...... 1,097,623
d From 2022...... 482,865
e From 2023...... 1,264,552
f Total of lines 3a through e ........ 2,845,040
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 5,448,989
a Applied to 2023, 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 2024 distributable amount..... 3,147,391
e Remaining amount distributed out of corpus 2,301,598
5 Excess distributions carryover applied to 2024. 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 5,146,638
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		5,146,638
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021.... 1,097,623
c Excess from 2022.... 482,865
d Excess from 2023.... 1,264,552
e Excess from 2024.... 2,301,598
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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/for-grantees 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 (2024)
Form 990-PF (2024)
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 provide general support 10,000

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 Company of Girls

PO Box 7527
Portland,ME04112 		N/A PC To provide general support 15,000

Abbe Museum

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

ACLU of Maine Foundation

PO Box 7860
Portland,ME04112 		N/A PC To provide general support 1,000

Acorn Productions

PO Box 4644
Portland,ME04112 		N/A PC To provide general support 6,000

Adaptive Outdoor Education Center

6027 Village on the Green
Carrabassett Valley,ME04947 		N/A PC To provide general support 15,000

Appalachian Mountain Club

10 City Square
Boston,MA02129 		N/A PC To support the Maine Woods Community Youth and Environment Program 30,000

ArtsFarmington

PO Box 325
Farmington,ME04938 		N/A PC To provide general support 5,000

Artsworth

25 Pine Street
Ellsworth,ME04605 		N/A PC To provide general support 7,500

ArtVan

37 Mill Street 2
Brunswick,ME04011 		N/A PC To provide general support 15,000

Atlantic Black Box

PO Box 8771
Portland,ME04101 		N/A PC To provide general support 1,500

Atlantic Harmonies Youth Choirs

44 Ally Lane
Wells,ME04090 		N/A PC To provide general support 7,500

Bagaduce Music

49 South Street
Blue Hill,ME04614 		N/A PC To provide general support 12,500

Bangor Symphony Orchestra

PO Box 1441
Bangor,ME044021441 		N/A PC To support Young People's Concerts 15,000

Bar Harbor Historical Society

127 West Street
Bar Harbor,ME04609 		N/A PC To support arts education programs that intersect with the history of Bar Harbor 7,500

Bar Harbor Music Festival

59 Cottage Street
Bar Harbor,ME04609 		N/A PC To provide general support 10,000

Bay Chamber Concerts & Music School

5 Mountain Street
Camden,ME04843 		N/A PC To support music education in midcoast Maine 20,000

Bearnstow

84 Bearnstow Road
Mount Vernon,ME04352 		N/A PC To provide general support 7,500

Belfast Community Radio

256 High Street
Belfast,ME04915 		N/A PC To support new media storytelling workshops for youths 7,500

Belfast Flying Shoes

109 High Street
Belfast,ME04915 		N/A PC To provide general support 10,000

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 provide general support 7,500

Blue Hill Community Development

PO Box 565
Blue Hill,ME046141317 		N/A PC To support a participatory community art project 5,000

Blue Hill Concert Association

PO Box 140
Blue Hill,ME04614 		N/A PC To provide general support 3,000

Boothbay Sea and Science Center

12 Carter Road PO Box 332
East Boothbay,ME04544 		N/A PC To support seaweed farming and marine education in schools 20,000

Bowdoin International Music Festival

181 Park Row
Brunswick,ME04011 		N/A PC To support community music concerts 15,000

Boys & Girls Clubs of Southern Maine

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

Brick Store Museum

117 Main Street
Kennebunk,ME040437088 		N/A PC To support education and outreach activities 7,500

Brunswick-Topsham Land Trust Inc

179 Neptune Drive
Brunswick,ME040113080 		N/A PC To provide teacher training on a model nature learning curriculum 20,000

Camp Beech Cliff

PO Box 381
Mt Desert,ME046600381 		N/A PC To run three new programs to connect underserved teens and adults to nature 20,000

Camp Susan Curtis

1321 Washington Avenue Suite 104
Portland,ME04103 		N/A PC To support underserved campers in Maine 20,000

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 (CMCA)

21 Winter Street
Rockland,ME04841 		N/A PC For robust 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 arts education programs 10,000

Central Hall Commons

152 East Main Street
DoverFoxcroft,ME04426 		N/A PC To support traveling creative activities for Piscataquis County youths 7,500

Chewonki Foundation Inc

485 Chewonki Neck Road
Wiscasset,ME045784822 		N/A PC To enable Maine students to participate in the Outdoor Classroom 25,000

Chocolate Church Arts Center

804 Washington Street
Bath,ME045302617 		N/A PC To provide general support 20,000

ChoralArt

PO Box 1621
Portland,ME04104 		N/A PC To support a Spring choral performance of music by Brahms 12,500

Classical Uprising

PO Box 7259
Portland,ME04112 		N/A PC To provide general support 20,000

Climate Change for All Educators Inc

PO Box 535
Valley Cottage,NY10989 		N/A PC To establish the Maine Climate Education Hub 30,000

Cobscook Institute

10 Commissary Point Road
Trescott Township,ME04652 		N/A PC To expand the Midden Minders program to engage more students in Washington County 23,000

Community Change Inc

2 Oliver Street
Boston,MA02109 		N/A PC To provide general support 1,000

Community Outreach Services

PO Box 1175
Kennebunk,ME04043 		N/A PC To provide general support 2,000

Conservation Law Foundation Inc

62 Summer Street
BOSTON,MA02110 		N/A PC For training and other support for environmental organizing by communities in Maine 15,000

Continuum Arts Collective

76 Lower Main Street
North Berwick,ME03906 		N/A PC To provide general support 10,000

Creative Portland Corporation

84 Free Street
Portland,ME04101 		N/A PC To support artists teaching and performing on Peaks Island 12,500

DaPonte String Quartet Foundation

PO Box 201
Freeport,ME04032 		N/A PC To provide general support 15,000

Denmark Arts Center

50 West Main Street
Denmark,ME04022 		N/A PC To provide general support 7,500

Down East Singers

PO Box 996
Rockport,ME04856 		N/A PC To provide general support 5,000

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

Eastport Arts Center

36 Washington Street
Eastport,ME046311326 		N/A PC To provide general support 20,000

Equality Community Center

15 Casco Street
Portland,ME04101 		N/A PC To provide general support 3,000

Everyman Repertory Theatre

PO Box 938
Rockport,ME048560000 		N/A PC To support the 2024 theater season 5,000

Fair Tide

15 State Road
Kittery,ME03904 		N/A PC To provide general support 5,000

Fit Girls of Wilton Maine

PO Box 411
East Wilton,ME04234 		N/A PC To provide general support 4,000

Fractured Atlas

PO Box 55
Harsdale,NY10530 		N/A PC To support Opera in the Pines' presentation of a new opera in Maine 5,000

Franco Center

46 Cedar Street
Lewiston,ME04240 		N/A PC To support a paper art workshop for adults 5,000

Freeport Conservation Trust

PO Box 433
Freeport,ME04032 		N/A PC To provide general support 10,000

Friends of Baxter State Park

PO Box 322
Belfast,ME04915 		N/A PC To provide general support 17,500

Friends of Congress Square Park

PO Box 5056
Portland,ME04101 		N/A PC To provide general support 7,500

Friends of Katahdin Woods and Waters

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

Friends of the Kotzschmar Organ

22 Monument Square 406
Portland,ME04043 		N/A PC To provide general support 7,500

Gateway Community Services Maine

501 Forest Avenue
Portland,ME04103 		N/A PC To support transportation, lodging, and staffing for outdoor experiences 25,000

Gather to Grow (previously St Mary's Nutrition Center)

208 Bates Street
Lewiston,ME04240 		N/A PC To support school garden nature learning programs 15,000

Good Medicine Collective

231 York Street
Portland,ME04032 		N/A PC To participate in financial training 1,180

Greater Franklin Food Council

1 Church Street
Jay,ME04239 		N/A PC To support the elementary school garden education program 11,800

Greater Lovell Land Trust

PO Box 225
Lovell,ME04051 		N/A PC To provide general support 12,500

Greater Portland Immigrant Welcome Center

24 Preble Street 4th Floor
Portland,ME04101 		N/A PC To support free immigrant artist music concerts in Portland 7,500

Gulf of Maine Research Institute

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

HOME Inc

PO Box 10
Orland,ME044720010 		N/A PC To support arts programs for underserved communities 15,000

Halcyon

6 Broad Street
Rockland,ME04841 		N/A PC To support Halcyon education programs in schools 7,500

Hardy Girls

PO Box 821
Waterville,ME049030821 		N/A PC To support a camp for girls and nonbinary youth for learning about art and activism 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

Healthy Acadia

PO Box 1710
Ellsworth,ME046055210 		N/A PC To coordinate and host Juneteenth Weekend on the Water events and a new swim program 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,ME04539 		N/A PC For Afterschool Outing Club and Sunbeam Camp 15,000

Hewnoaks Artist Residency

PO Box 15052
Portland,ME04112 		N/A PC To support public arts programs 4,000

High Peaks Alliance

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

High Peaks Creative Council

4 Maple Lane
Phillips,ME049663152 		N/A PC To support middle school students making barn quilt murals 7,500

Hogfish

7 Singles Road
Cape Elizabeth,ME041070000 		N/A PC To offer performances as grief gatherings 7,500

Hurricane Island Outward Bound School

PO Box 800
Camden,ME04843 		N/A PC To support the Pinnacle Partners program 15,000

IFKA Community Services

229 Lisbon Street Suite B
Lewiston,ME042407704 		N/A PC To connect immigrant youth to nature through hands-on activities 20,000

Indigo Arts Alliance

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

ISLE Theater Company

183 N Deer Isle Road
Deer Isle,ME04627 		N/A PC To provide general support 5,000

Johnson Hall Inc

PO Box 777
Gardiner,ME04345 		N/A PC To provide general support 20,000

JustME for JustUS

PO Box 27
South Freeport,ME04078 		N/A PC For a youth-led project to advance climate justice and civic engagement 20,000

Kennebec Estuary Land Trust

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

Kennebec Performing Arts Company

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

Ketcha Outdoors (dba Portland Gear Hub)

336 Black Point Road
Scarborough,ME04074 		N/A PC To support the "Bikes for all Mainers" program 17,500

Khmer Maine

15 Casco Street
Portland,ME04101 		N/A PC To host a monthly series of Indigenous learning events and outdoor trips 22,500

LA Arts

PO Box 3753
Auburn,ME04212 		N/A PC To provide general support 12,500

LA Public Theatre

31 Maple Street
Lewiston ME,ME04240 		N/A PC To support youth theater education programs 15,000

Lake Stewards of Maine

24 Maple Hill Road
Auburn,ME04210 		N/A PC To support general operations and professional development 27,000

Lakes Environmental Association

230 Main Street
Bridgton,ME04009 		N/A PC To provide general support 25,000

Lamoine Community Arts

PO Box 1473
Ellsworth,ME04605 		N/A PC To provide general support 3,000

Leaps of Imagination Inc

PO Box 843
Rockport,ME04856 		N/A PC To provide general support 7,500

Lights Out

10 Tannery Street
Norway,ME04268 		N/A PC To support community arts programs 10,000

Loon Echo Land Trust

8 Depot Street Suite 4
Bridgton,ME04009 		N/A PC To provide general support 15,000

Mad Horse Theater Company

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

Mahoosuc Land Trust Inc

PO Box 981
Bethel,ME042170981 		N/A PC To provide general support 12,500

Main Street Skowhegan

65 Water Street Unit 1
Skowhegan,ME04976 		N/A PC To facilitate use of a new accessible trail by local residents living with disabilities 11,000

Maine Academy of Modern Music

125 Presumpscot Street
Portland,ME04005 		N/A PC To provide general support 20,000

Maine Appalachian Trail Club Inc

PO Box 7564
Portland,ME04112 		N/A PC To facilitate experiences on the Appalachian Trail for new audiences 15,000

Maine Association for the Education of Young Children

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 5,000

Maine Association of Nonprofits

565 Congress Street
Portland,ME04101 		N/A PC To support the Cultural Alliance of Maine's arts and for culture advocacy 88,000

Maine Audubon

20 Gilsland Farm Road
Falmouth,ME04105 		N/A PC To expand science-based environmental education to Lewiston and Bangor schools 52,500

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

7 Pine Street
Bar Harbor,ME04609 		N/A PC To provide general support 20,000

Maine Coast Heritage Trust

1 Bowdoin Mill Island
Topsham,ME04086 		N/A PC To support Maine Land Trust Network's Land Trust Census 30,000

Maine Community Integration

11 Lisbon Street
Lewiston,ME042407198 		N/A PC To support programs that connect youth and adults to the outdoors with field trips and education 25,000

Maine Crafts Association

PO Box 342
Gardiner,ME04345 		N/A PC To provide general support 20,000

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 conduct a landscape analysis of Maines Youth Climate Movement 75,000

Maine GearShare

657 Old Portland Road
Brunswick,ME04011 		N/A PC To provide general support 40,000

Maine Immigrants Rights Coalition (MIRC)

1 Marginal Way
Portland,ME04101 		N/A PC To provide general support 2,000

Maine Initiatives

57 Exchange Street
Portland,ME04101 		N/A PC To support the Maine Outdoor Equity Fund 50,000

Maine Inside Out

PO Box 1062
Lewiston,ME04243 		N/A PC To provide general support 15,000

Maine Island Trail Association

100 Kensington Street 2nd Floor
Portland,ME041035325 		N/A PC To coordinate and facilitate island trips for underserved groups 15,000

Maine Jewish Film Festival

PO Box 7465
Portland,ME04112 		N/A PC To provide general support 8,000

Maine Lakes

PO Box 91
Yarmouth,ME04096 		N/A PC To provide general support 41,000

Maine Mathematics and Science Alliance

343 Water Street
Augusta,ME04330 		N/A PC To support the professional development of educators 71,000

Maine Mountain Collaborative

45 Exchange Street Suite 303
Portland,ME04101 		N/A PC To provide general support 10,000

Maine Needs

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

Maine Organic Farmers and Gardeners Association (MOFGA)

PO Box 170
Unity,ME04988 		N/A PC To support the creation of murals at the Sipayik School and Museum 7,500

Maine Prisoner Advocacy Coalition (MPAC)

PO Box 446
Lisbon,ME04250 		N/A PC To provide general support 9,500

Maine Public

1450 Lisbon Street
Lewiston,ME04240 		N/A PC To enable the Climate Desk to hire a full-time editor 25,000

Maine Sea Grant

5741 Libby Hall Room 110
Orono,ME04469 		N/A PC To support Maine Sea Grant as it brings marine science to inland learners 20,000

Maine State Music Theatre

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

Maine Transgender Network INC

3 Academy Street
Auburn,ME04101 		N/A PC To provide general support 1,000

Maine TREE Foundation

535 Civic Center Drive
Augusta,ME04330 		N/A PC To support forest-based education across Maine 20,000

Mano en Mano

4 Maple Street
Milbridge,ME04658 		N/A PC To provide general support 2,000

Mayo Street Arts

10 Mayo Street
Portland,ME04101 		N/A PC To provide general support 57,500

Mechanics' Hall

519 Congress Street
Portland,ME04101 		N/A PC To support performance and literary arts programming 15,000

Meetinghouse Arts

40 Main Street
Freeport,ME04032 		N/A PC To provide general support 7,500

Midcoast Community Chorus

PO Box 192
Rockport,ME048560192 		N/A PC To provide general support 7,500

Midcoast Conservancy

290 US Route 1
Edgecomb,ME045560439 		N/A PC To sustain and expand the nature-based education program 15,000

Midcoast Symphony Orchestra

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

Milbridge Theatre & Community Arts Center

PO Box 62
Milbridge,ME04658 		N/A PC To support community arts programs 10,000

Millinocket Memorial Library

5 Maine Avenue
Millinocket,ME04462 		N/A PC To support the Katahdin Gear Library 15,000

Mission Earth

1257 Worcester Road Box 312
Framingham,MA01701 		N/A PC To plan and coordinate outdoor programming in Maine 16,180

Momentum Conservation

22 Monument Square
Portland,ME04101 		N/A PC To provide technical and financial support to land trusts 625,000

MWL Education Fund

1 Weston Court Suite 203A
Augusta,ME04330 		N/A PC To provide general support 4,000

NAMI Maine

52 Water Street
Hallowell,ME04347 		N/A PC To support in-person courses for area nonprofit organizations on trauma-informed care 20,000

Natural Resources Council of Maine (NRCM)

3 Wade Street
Augusta,ME04330 		N/A PC To provide general support 25,000

Neighborhood Housing Trust

PO Box 333
Kennebunk,ME04046 		N/A PC To provide general support 1,000

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 To support the First Light program in increasing access to land and water for Wabanaki people 75,000

New Surry Repertory Theatre and Acting School

PO Box 1597
Blue Hill,ME04614 		N/A PC To provide general support 7,500

Nibezun

PO Box 387
Old Town,ME04468 		N/A PC To support Wabanaki traditional arts workshops 7,500

Niweskok From the Stars to Seeds

PO Box 554
Milford,ME04461 		N/A PC To support Wabanaki Rematriation School 20,000

Northeastern University

360 Huntington Avenue
Boston,MA02120 		N/A PC For the Roux Institute to help environmental nonprofit organizations develop income 27,000

Northern Forest Canoe Trail

PO Box 565
Waitsfield,VT05673 		N/A PC To conduct outreach, planning and design for accessibility modifications 5,000

Opera House Arts

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

Opera in the Pines

PO Box 163
Scarborough,ME04070 		N/A PC To support the spring opera season 5,000

Opera Maine

225 Commercial Street 505
Portland,ME04101 		N/A PC To provide general support 15,000

OUT Maine

PO Box 1723
Rockland,ME04841 		N/A PC To support an arts retreat at Haystack for Maine LGBTQ+ high school students 35,000

Palaver Strings

380 Cumberland Avenue Floor 2
Portland,ME041012920 		N/A PC To provide general support 20,000

Penobscot Bay Language School

28 Gay Street
Rockland,ME04841 		N/A PC To support performances in Rockland by New Mainer artists 7,500

Penobscot Marine Museum

PO Box 498
Searsport,ME04974 		N/A PC To support live music programs to accompany an exhibit about music history 5,000

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 10,000

Pine Tree Society Inc

149 Front Street
Bath,ME04530 		N/A PC To support camp and accessible outdoor family programming for children and adults with disabilities 20,000

Pineland Farms

32 Farm View Drive
New Gloucester,ME04260 		N/A POF To support youth arts education programs in Piscataquis County 15,000

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 15,000

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 education and outreach activities 20,000

Portland Parks Conservancy

212 Canco Road Suite A
Portland,ME04103 		N/A PC To run three sessions of Portland Youth Corps 20,000

Portland Stage

PO Box 1458
Portland,ME04104 		N/A PC To support K-12 theater 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 Theater Festival

48 Lafayette Street Unit 2
Portland,ME04101 		N/A PC To provide general support 15,000

Portland Trails

38 Diamond Street
Portland,ME04101 		N/A PC To provide general support 15,000

Portland Youth Dance

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

President And Trustees Of Bates College

2 Andrews Road
Lewiston,ME04240 		N/A PC To support the Bates Dance Festival 40,000

Quebec-Labrador Foundation

155 Main Street
Farmington,ME04938 		N/A PC Trail assessments and training on access for people with disabilities 25,000

Rangeley Friends of the Performing Arts

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

Rippleffect

PO Box 441
Portland,ME04106 		N/A PC To support the ROLE 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 the Maine Forest Collaborative 20,000

Saco River Theatre

PO Box 1
Bar Mills,ME04004 		N/A PC To provide general support 7,500

SailMaine

PO Box 574
Portland,ME04112 		N/A PC To expand the adaptive sailing program 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 the Schoodic Education Adventure for underserved Maine schools 25,000

Searsmont Town Library (Town of Searsmont)

PO Box 56
Searsmont,ME04973 		N/A GOV To support free live music events at the Searsmont library 5,000

Side x Side Inc

636 Congress Street
Portland,ME04101 		N/A PC To provide general support 20,000

Sierra Club Foundation

2101 Webster Street 1250
Oakland,CA94612 		N/A PC To support education and mobilization activities conducted by Sierra Club Maine 25,000

Smooth Feather

9 Cummings Drive
Gorham,ME04068 		N/A PC To provide general support 5,000

Snow Pond Center for the Arts

8 Goldenrod Lane
Augusta,ME04330 		N/A PC To support youth arts and music education 12,500

SPACE Gallery

538 Congress Street
Portland,ME04101 		N/A PC To support a weekend-long gathering for the Maine dance community 42,500

Spark Inclusive Arts

28 Winterberry Road
West Bath,ME04530 		N/A PC To provide general support 1,500

Speak About It

PO Box 4408
Portland,ME04101 		N/A PC To provide general support 1,000

Speaking Up For Us

PO Box 4139
Presque Isle,ME04769 		N/A PC To increase access to the outdoor by disabled Mainers 20,000

Spindleworks (a program of Independence Association)

7 Lincoln Street
Brunswick,ME04011 		N/A PC To support studio arts programs for adults with disabilities 15,000

Spurwink

901 Washington Avenue Suite 100
Portland,ME04103 		N/A PC To support operations in the Lewiston Auburn region 10,000

St Cecilia Chamber Choir

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

STAGES Youth Theater

202 Woodford Street
Portland,ME04103 		N/A PC To provide general support 7,500

Subcircle Inc

97 Guinea Road
Biddeford,ME040059110 		N/A PC To support public arts programming 11,500

Support Solutions

99 Danville Corner Road
Auburn,ME04210 		N/A PC To provide general support 3,500

Survivor Speak USA

638 Congress Street
Portland,ME04101 		N/A PC To provide general support 1,000

Swans Island Educational Society

451 Atlantic Road
Swans Island,ME04685 		N/A PC To support youth arts education programs 4,000

Tear Cap Workshops

22 Hampshire Street
Hiram,ME040413111 		N/A PC To create hands-on arts learning programs for adults 7,500

The Allagash Wilderness Waterway Foundation

PO Box 276
Casco,ME04015 		N/A PC To develop the canoe and leadership skills of Wabanaki Youth 22,000

The Climate Initiative

57 Gravelly Brook Road
Kennebunkport,ME04046 		N/A PC To launch the Maine Collegiate Climate Policy Institute 30,000

The Dance Hall

7 Walker Street
Kittery,ME03904 		N/A PC To provide general support 5,000

The Ecology School

River Bend Farm
Saco,ME040729514 		N/A PC To provide Maine students with immersive ecology education 25,000

The Grand

165 Main Street
Ellsworth,ME04605 		N/A PC To support arts education programs 7,500

The Intercultural Community Center

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

The Maine Museum of Photographic Arts

15 Middle Street Suite A3
Portland,ME04101 		N/A PC To support a series of events about photography making, collecting, and conservation 7,500

The Maine Youth Circus

125 Forest Avenue 3195
Portland,ME04104 		N/A PC To support afterschool circus arts workshops 7,500

The Strand Theatre

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

The Summer Camp Inc

8 Church Street
Bridgton,ME04009 		N/A PC To support campers from Maine 15,000

The Telling Room

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

Tides Institute & Museum of Art

43 Water Street PO Box 161
Eastport,ME04631 		N/A PC To support a variety of arts engagement programs 7,500

Tree Street Youth

144 Howe Street
Lewiston,ME04240 		N/A PC To expand three outdoor programs for youth of all ages 25,000

Trekkers

325 Old County Road
Rockland,ME04841 		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

United Charitable

44921 George Washington Boulevard
Suite 230
Ashburn,VA20147 		N/A PC To support ReTreeUs 20,000

United Youth Empowerment Services

175 Pine Street
Lewiston,ME042407235 		N/A PC To support a creative space for immigrant youths in Lewiston 5,000

University of Maine Foundation

Two Alumni Place
Orono,ME04469 		N/A PC To support training for teachers to bring their classroom outdoors 25,700

Wabanaki Public Health and Wellness

16 Central Street PO Box 1356
Bangor,ME04401 		N/A PC To support the ongoing development and sustainability of its fundraising team 40,000

Wabanaki REACH

PO Box 221
Stillwater,ME04489 		N/A PC To provide general support 1,000

Wabanaki Women's Coalition

20 Godfrey Drive Unit 14
Orono,ME04473 		N/A PC To provide general support 3,000

Waldo Theatre

PO Box 587
Waldoboro,ME04572 		N/A PC To provide general support 20,000

Waterfall Arts

256 High Street
Belfast,ME04915 		N/A PC To provide general support 20,000

Waterman's Community Center

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

Watershed Center for the Ceramic Arts

103 Cochran Road
Edgecomb,ME04556 		N/A PC To engage k-12 educators and students in the ceramic arts 9,000

Watershed Friends

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

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 arts learning opportunities 10,000

Wells Reserve at Laudholm

342 Laudholm Farm Road
Wells,ME04090 		N/A PC To provide general support 20,000

Wendell Gilley Museum

PO Box 254
Southwest Harbor,ME04679 		N/A PC To support arts and nature education programs for all ages 15,000

Western Foothills Land Trust

PO Box 107
Norway,ME04268 		N/A PC To expand nature learning with the Roberts Farm Experiential Learning partnership 17,000

Wild Seed Project

21 Memorial Highway Suite A
North Yarmouth,ME04097 		N/A PC To implement experiential ecology programs in schools with accompanying teacher training 30,000

William A Farnsworth Art Museum and Library

16 Museum Street
Rockland,ME04841 		N/A PC To support classroom-integrated arts education programs 15,000

Wintergreen Arts Center

830 Main Street
Presque Isle,ME04769 		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 15,000

York Community Services Association

855 US Route One
York,ME03909 		N/A PC To provide general support 2,000
Total .................................right arrow 3a 4,380,610
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 1,499,813  
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 1,906,644  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPartnership interests 		    14 -281,977  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,124,480 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,124,480
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bookkeeping Fees 15,951 7,976   7,975
Accounting and Tax Prep Fees 5,650 2,825   2,825

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

TY 2024 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
Grant - Pineland Farms
  		32 Farm View Drive
New Gloucester,ME04260 		2024-07-01 15,000 The purpose of the grant is to support youth arts education programs offered by Monson Arts in Piscataquis County, Maine, as described in the submitted proposal (the "Project"). The Grantee must use the grant funds, together with any interest earned upon the investment of the grant funds, only for the designated Project and not for any other purpose without the Foundation's prior written approval. Monson Arts is not currently recognized by the IRS as a public charity as described in sections 501(c)(3) and 509(a)(1) of the Code, so Pineland Farms is acting as the fiscal sponsor for Monson Arts. 15,000 None. August 13, 2025. 2025-08-13 The final report was received on August 13, 2025 indicating that the grant had been fully expended. Based on the reports and documents received from Pineland Farms and to the best of the Foundation's knowledge, there have been no diversions or unauthorized uses of funds.
PRI Partnership Interest - Fork Food Hub L3C
  		95 Darling Avenue
South Portland,ME04106 		2023-12-31 100,000 Fork Food Hub is a low-profit limited liability company organized for the primary purpose of owning and managing real estate to be leased by Fork Food Lab, a public charity based in South Portland, Maine. Fork Food Lab's mission is to serve as an incubator and shared kitchen space to grow local food businesses and to promote a sustainable food economy. The Foundation's equity interest in Fork Food Hub L3C will provide a source of funding to promote Fork Food 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. 2024-12-31 To date, based on the reports and documents received from the recipient and the Foundation's advisors, and to the best of the Foundation's knowledge, there have been no diversions or unauthorized uses of funds. As of the end of this tax year, this PRI remains outstanding.
PRI Loan - Northern Forest Center
  		10 N Main Street
Concord,NH03301 		2021-10-01 500,000 Northern Forest Center is a non-profit corporation which envisions a thriving and welcoming Northern Forest region sustained by innovation and environmental stewardship. The Center works to connect communities and preserve natural resources and forest systems in the Northeast United States. To promote these charitable missions that align with the Foundation's goals, the Foundation has issued two notes for $250,000 each to the Center in previous tax years. The Foundation feels that this investment aligns with and furthers its strategic goals and charitable mission. 500,000 None. Reports received regularly and upon request. 2024-12-31 To date, based on the reports and documents received from the recipient and the Foundation's advisors, and to the best of the Foundation's knowledge, there have been no diversions or unauthorized uses of funds. As of the end of this tax year, this PRI remains outstanding.

TY 2024 InvestmentsCorpBondsSchedule
Name:
Onion Foundation
EIN:
47-1289795
Name of Bond End of Year Book Value End of Year Fair Market Value
450000 Yale (CUSIP:98459LAA1) 445,235 445,235
500000 Citigroup (CUSIP: 17330FDV0) 592,600 592,600
500000 JP Morgan Chase (CUSIP: 481363FBF1) 611,950 611,950
275000 Stanford (CUSIP:85440KAC8) 253,336 253,336
500000 Citigroup (CUSIP: 17330PR43) 649,700 649,700
35000 Trustees Amherst College (CUSIP: 898361ANO) 33,749 33,749
145000 BNP Paribas (CUSIP: 05592QGV1) 160,283 160,283
100000 Yale (CUSIP: 98459LAB9) 85,040 85,040
100000 Harvard (CUSIP: 740816AK9) 92,252 92,252
250000 Harvard (CUSIP: 740816AR4) 242,750 242,750
200000 Harvard (CUSIP: 740816AM5) 143,574 143,574
110000 MIT (CUSIP: 575718AG6) 74,072 74,072
100000 ROCKEFELLER (CUSIP: 77310VAA2) 60,574 60,574

TY 2024 InvestmentsCorpStockSchedule
Name:
Onion Foundation
EIN:
47-1289795
Name of Stock End of Year Book Value End of Year Fair Market Value
45481.033 BGLKX 1,511,335 1,511,335
96525.097 DAADX 960,425 960,425
226074.562 GSAJX 3,508,677 3,508,677
164473.486 GIBIX 3,856,903 3,856,903
2233 GUG 33,205 33,205
129594.167 WCMIX 2,819,969 2,819,969
128980.334 JOHIX 2,944,621 2,944,621
384421.378 MWTIX 3,409,817 3,409,817
101419.878 FCBYX 994,929 994,929
79957.669 VESGX 3,602,093 3,602,093
34047.727 VFTAX 1,920,292 1,920,292
499884.453 VBTIX 4,738,904 4,738,904
5165.956 VMVAX 432,855 432,855
51075.519 VTRIX 1,918,907 1,918,907
208460.823 VCOBX 3,689,756 3,689,756
6779.004 WIAX 447,685 447,685
3837.1563 VEXAX 552,857 552,857
16000 CGGR 594,720 594,720
25000 CGDV 881,500 881,500
1000 SUSL 103,040 103,040
21500 XBI 1,936,290 1,936,290
15000 EDV 1,015,800 1,015,800
38000 VSGX 2,154,600 2,154,600
22500 ESGV 2,360,025 2,360,025
10000 MGV 1,249,100 1,249,100
1500 VSS 171,720 171,720
2500 VTV 423,250 423,250

TY 2024 InvestmentsGovtObligationsSch
Name:
Onion Foundation
EIN:
47-1289795
US Government Securities - End of Year Book Value:

5,139,861
US Government Securities - End of Year Fair Market Value:

5,139,861
State & Local Government Securities - End of Year Book Value:


318,739
State & Local Government Securities - End of Year Fair Market Value:


318,739


TY 2024 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 36,661 36,661
Infinity Special Situations Fund II, LLC FMV 102,565 102,565
Kickstart Seed Fund V, LP FMV 234,703 234,703
52 Hanover LLC FMV 556,311 556,311
Providence Partners FMV 335,082 335,082
Long Path Smaller Companies Fund FMV 1,008,522 1,008,522
HSBC Institutional Trust Services (Asia) LTD FMV 2,000,000 2,000,000
Commonfund Capital Secondary Partners, IV FMV 373,861 373,861
70000 Weiss Korea FMV 118,771 118,771

TY 2024 LegalFeesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 385 0   385


TY 2024 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 18,229 47,558 47,558


TY 2024 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 45,521 0   45,521
Giving Data Subscription 24,530 0   24,530
Insurance 4,149 0   4,149
Website Design and Maintenance 30,625 0   30,625
Advertising & Marketing 52,612 0   52,612
Accrual to Cash 0 0   3,210


TY 2024 OtherIncomeSchedule2
Name:
Onion Foundation
EIN:
47-1289795
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership interests -281,977 -281,977 -281,977


TY 2024 OtherIncreasesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Description Amount
Net Unrealized Gain on Investments 1,280,823
Excise tax refunds 222


TY 2024 OtherLiabilitiesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Description Beginning of Year - Book Value End of Year - Book Value
Payroll Liabilities 3,233 365


TY 2024 OtherProfessionalFeesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Advisory Fees 72,284 72,284   0
Philanthopy Advisor Fees 13,250 0   13,250
Executive Coaching Fees 1,800 0   1,800
Fiscal Sponsorship Study 1,336 0   1,336
Environmental Impact Consulting 1,500 0   1,500


TY 2024 TaxesSchedule
Name:
Onion Foundation
EIN:
47-1289795
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes on Investments 24,798 24,798   0
Excise Tax 1,000 0   0