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
ONE HIVE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)HEMENWAY BARNES
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA021961209
A Employer identification number

92-0684940
B Telephone number (see instructions)

(617) 619-9722
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$66,573,081J 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 64,413 64,413  
4 Dividends and interest from securities... 1,758,182 1,758,182  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 380,103
b Gross sales price for all assets on line 6a 16,708,440
7 Capital gain net income (from Part IV, line 2)... 380,103
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
1 1  
12 Total. Add lines 1 through 11........ 2,202,699 2,202,699  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 10,895 0   10,895
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,292 13,146   13,146
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
906,189 288,601   617,588
17 Interest............... 47 47   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
38,664 20,655   1,009
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 9,464 0   9,464
22 Printing and publications.......... 1,292 0   1,292
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,587 8,142   8,729
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,010,430 330,591   662,123
25 Contributions, gifts, grants paid....... 2,257,051 2,257,051
26 Total expenses and disbursements. Add lines 24 and 25 3,267,481 330,591   2,919,174
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,064,782
b Net investment income (if negative, enter -0-) 1,872,108
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.............      
2 Savings and temporary cash investments......... 805,278 2,729,857 2,729,857
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 arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 24,378,392 Click to see attachment
List of Attached Documents:
// Content
13,845,617 		14,031,836
b Investments—corporate stock (attach schedule)....... 26,370,198 Click to see attachment
List of Attached Documents:
// Content
30,891,678 		38,798,883
c Investments—corporate bonds (attach schedule)....... 2,477,548 Click to see attachment
List of Attached Documents:
// Content
2,900,839 		2,969,508
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).......... 4,854,162 Click to see attachment
List of Attached Documents:
// Content
7,502,947 		8,042,997
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 58,885,578 57,870,938 66,573,081
Liabilities 17 Accounts payable and accrued expenses..........   2,365
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)    
23 Total liabilities (add lines 17 through 22)......... 0 2,365
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 58,885,578 57,868,573
29 Total net assets or fund balances (see instructions)..... 58,885,578 57,868,573
30 Total liabilities and net assets/fund balances (see instructions). 58,885,578 57,870,938
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
58,885,578
2
Enter amount from Part I, line 27a .....................
2
-1,064,782
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
109,581
4
Add lines 1, 2, and 3 ..........................
4
57,930,377
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
61,804
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
57,868,573
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 - SHORT-TERM P    
b PUBLICLY TRADED - LONG -TERM 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 3,840,802   3,884,003 -43,201
b 12,659,340   12,444,334 215,006
c 208,298     208,298
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       -43,201
b       215,006
c       208,298
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 2 380,103
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 26,022
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 26,022
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 26,022
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 21,963
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 35,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,963
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 30,941
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow30,941 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 arrowVT
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowHEMENWAY BARNES LLP Telephone no.right arrow (617) 619-9722

Located atright arrow75 STATE STREET 16TH FLBOSTONMA ZIP+4right arrow02109
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? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
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
CHARLES E MRAZ TRUSTEE
5.00 		0 0 0
75 STATE STREET 16TH FLOOR
BOSTON,MA02109
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
NONE
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
HEMENWAY & BARNES INVESTMENT MGMT & ADVISORY FEES 361,849
75 STATE STREET 16TH FLOOR
BOSTON,MA02109
BOREALIS LLC CONSULTING 218,537
PO BOX 21
NORTH HERO,VT054740021
INSIDE THE HIVE MEDIA & CONSULTING INC CONSULTING 100,449
8721 GRAPE ARBOR WAY
ODENTON,MD21113
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
64,767,985
b
Average of monthly cash balances.......................
1b
1,326,321
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
66,094,306
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
66,094,306
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
991,415
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
65,102,891
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,255,145
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
3,255,145
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
26,022
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
26,022
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,229,123
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,229,123
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
3,229,123
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
2,919,174
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
2,919,174
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 3,229,123
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,158,220
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......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,919,174
a Applied to 2023, but not more than line 2a 1,158,220
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..... 1,760,954
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		1,468,169
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 ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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).)
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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

CONSERVATION LAW FOUNDATION INC

62 SUMMER STREET
BOSTON,MA02110 		NONE PC VERMONT FARM AND FOOD INITIATIVE 75,500

CORNELL UNIVERSITY

DEPARTMENT OF ENTOMOLOGY
ITHACA,NY14853 		NONE PC PESTICIDE ANALYTICAL LAB DISCRETIONARY FUND 159,010

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

PO BOX 770001
CINCINNATI,OH452770053 		NONE PC GRANT TO DONOR ADVISED FUND FOR CHARITABLE AND EDUCATIONAL PURPOSES 100,000

FOUNDATION FOR THE PRESERVATION OF HONEY BEES INC

3525 PIEDMONT ROAD NE SUITE 300
ATLANTA,GA30305 		NONE PC UNRESTRICTED SUPPORT AT THE RECOMMENDATION OF ONE HIVE FOUNDATION 30,850

NATIONAL AUDUBON SOCIETY INC

255 SHERMAN HOLLOW ROAD
HUNTINGTON,VT05462 		NONE PC BIRD AND BEE FRIENDLY FARMING PROGRAM AND FOR PARTICIPATION IN THE PESTICIDE CAUCUS 65,500

NATURAL RESOURCES DEFENSE COUNCIL INC

40 WEST 20TH STREET 11TH FLOOR
NEW YORK,NY10011 		NONE PC NRDC POLLINATOR INITIATIVE IN THE NORTHEAST AND NATIONWIDE 75,500

NORTHEAST ORGANIC FARMING ASSOCIATION OF VERMONT

PO BOX 697
RICHMOND,VT05477 		NONE PC GENERAL OPERATING SUPPORT 145,500

OUT IN THE OPEN

258 GREENFIELD ROAD
MONTAGUE,MA01351 		NONE PC FOR THE BENEFIT OF THEY KEEP BEES TO SUPPORT THE QUEEN SCHOOL 20,500

RURAL EDUCATION ACTION PROJECT

46 EAST STATE STREET
MONTPELIER,VT05602 		NONE PC POLICY WORK RELATED TO REDUCING AND ELIMINATING TOXIC PESTICIDESPARTICIPATION IN THE PESTICIDE CAUCUS 15,000

UNIVERSITY OF VERMONT FOUNDATION

411 MAIN STREET
BURLINGTON,VT05401 		NONE PC VERMONT POLLINATOR WORKING GROUPFOR THE BENEFIT OF THE DEPARTMENT OF PLAN AND SOIL SCIENCE OF THE COLLEGE OF AGRICULTURE AND LIFE SCIENCES TO SUPPORT THE VERMONT BEE LAB FUND 160,000

VERMONT BEEKEEPERS ASSOCIATION INC

PO BOX 764
BURLINGTON,VT054020764 		NONE PC EDUCATION AND OUTREACH AS PART OF THEIR NEONICOTINOID CAMPAIGN 1,500

VERMONT PUBLIC INTEREST RESEARCH AND EDUCATION FUND INC

141 MAIN STREET SUITE 6
BURLINGTON,VT05602 		NONE PC A CAMPAIGN TO ENGAGE, EDUCATE AND INSPIRE VERMONTERS TO LEARN ABOUT THREATS TO POLLINATORS AND TAKE ACTION TO HELP END THE USE OF BEE-KILLING PESTICIDESFURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING 120,500

WESTMINSTER BEE CLUB

9291 WEST 101ST PLACE
BROOMFIELD,CO80021 		NONE PC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING 2,000

KANSAS HONEY PRODUCERS ASSOCIATION

7601 W 54TH TERRACE
MISSION,KS66202 		NONE NC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,522

IOWA HONEY PRODUCERS ASSOCIATION

2543 170TH STREET
LIVERMORE,IA50558 		NONE NC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,650

PROJECT APIS M

PO BOX 26793
SALT LAKE CITY,UT84126 		NONE NC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,500

NORTHERN QUEEN INITIATIVE

SUITE 2
ROMULUS,MI48174 		NONE PC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000

OMAHA BEE CLUB

4089 SOUTH 84TH STREET BOX 211
OMAHA,NE68127 		NONE PC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,081

TREASURE VALLEY BEEKEEPERS CLUB

PO BOX 5066
BOISE,ID837050066 		NONE NC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000

CEDAR CIRCLE FARM AND EDUCATION CENTER

225 PAVILLION ROAD
EAST THETFORD,VT05043 		NONE PC ORGANIC PERENNIAL CUT FLOWER PRODUCTION AND THE IMPACTS ON POLLINATION 41,311

AMERICAN BIRD CONSERVANCY

PO BOX 249
THE PLAINS,VA20198 		NONE PC ABC'S PESTICIDES AND BIRDS CAMPAIGN: UNTREATED SEED PILOT PROGRAM 69,697

VERMONT NATURAL RESOURCES COUNCIL INC

11 BALDWIN STREET
MONTPELIER,VT05602 		NONE PC PROTECT OUT POLLINATORS 53,900

VERMONT SUSTAINABLE JOBS FUND INC

301 PEARL STREET SUITE 202 151
SAINT JOHNSBURY,VT05819 		NONE PC GENERAL OPERATING SUPPORT 75,500

THE VERMONT CENTER FOR ECOSTUDIES INC

PO BOX 420
NORWICH,VT05055 		NONE PC INVESTIGATING THE EFFECT OF PLANT PROVENANCE ON POLLINATOR INTERACTIONS 70,000

RHODE ISLAND NATURAL HISTORY SURVEY

PO BOX 1858
KINGSTON,RI02881 		NONE PC GATHERING TOGETHER A RHODE ISLAND PLANT-INSECT COMMUNITY CENTER 50,500

ECDYSIS FOUNDATION

46958 188TH STREET
ESTELLINE,SD57234 		NONE PC THE 1000 FARMS INITIATIVE 75,500

XERCES SOCIETY INC

PO BOX 84274
SEATTLE,WA981245574 		NONE PC GENERAL OPERATING SUPPORT 75,500

BEYOND PESTICIDES

701 E STREET SE SUITE 200
WASHINGTON,DC20003 		NONE PC F/B/O POLLINATOR PROTECTION NETWORK FOR GENERQL OPERATING SUPPORT 40,500

THE PENNSYLVANIA STATE UNIVERSITY

200 INNOVATION BLVD SUITE 110
UNIVERSITY PARK,PA168027000 		NONE PC F/B/O PENN STATE EXTENSION HONEY BEE BREEDING - ADVANCED TECHNIQUES 75,499

THE OHIO STATE UNIVERSITY

281 W LANE AVE
COLUMBUS,OH43210 		NONE PC GENERAL OPERATING SUPPORT 191,810

EASTERN APICULTURAL SOCIETY OF NORTH AMERICA INC

17808 GREENTREE LANE
HAGERSTOWN,MD21740 		NONE PC UNRESTRICTED GRANT 5,000

UNIVERSITY OF FLORIDA FOUNDATION

HONEY BEE RESEARCH AND EXTENSION
LABORATORY
GAINSVILLE,FL32611 		NONE PC SUPPORT FOR BEEKEEPING INDUSTRY THROUGH U.S. INTERNSHIP PROGRAMS 75,395

TRUSTEES OF PURDUE UNIVERSITY

HARPUR LAB
WEST LAFAYETTE,IN47907 		NONE PC PROPOSAL APPLICATION STIPEND 500

SONRISAS INC

669 SAND MILL ROAD
CHESHIRE,MA01225 		NONE PC PROPOSAL APPLICATION STIPEND 500

UC RIVERSIDE FOUNDATION

WOODARD LAB
RIVERSIDE,CA92521 		NONE PC PROPOSAL APPLICATION STIPEND 500

BRIDGE INC

9864 SOUTH UNDERMOUNTAIN ROAD
SHEFFIELD,MA01257 		NONE PC F/B/O MUMBET'S FREEDOM FARM 500

UNIVERITY OF WASHINGTON FOUNDATION

3980 15 TH AVENUE SW
SEATTLE,WA98195 		NONE PC CLIMATE-DRIVEN TIMING MISMATCHES IN PLANT-POLLINATOR INTERACTION 75,500

UNIVERSITY OF MASSACHUSETTS FOUNDATION

100 CARLSON AVENUE
NEWTON,MA02459 		NONE PC HOST-PATHOGEN DYNAMICS IN RESPONSE TO RESOURCE PULSES; NUTRIENT 36,000

ADDISON COUNTY FAIR AND FIELD DAYS INC

1790 FIELD DAYS ROAD
VERGENNES,VT05491 		NONE PC SUPPORT FOR THE 2024 FAIR AND FIELD DAYS 5,000

INTERVALE CENTER INC

180 INTERVALE ROAD
BURLINGTON,VT05401 		NONE PC LAND STEWARDSHIP PROGRAM - POLLINATOR PROSPERITY PROJECT 18,224

UNIVERSITY OF NEBRASKA FOUNDATION

1010 LINCOLN MALL SUITE 300
LINCOLN,NE68508 		NONE PC UNL BEE LAB EXCELLENCE FUND # 01163710 5,000

AUBURN UNIVERSITY

WILLIAMS BEE LAB
AUBURN UNIVERSITY,AL36849 		NONE PC UNRESTRICTED GIFT FOR WILLIAMS BEE RESEARCH 20,000

GOLDEN PRAIRIE HONEY FARMS

4816 LAKEWOOD RIDGE
MANHATTAN,KS66503 		NONE PC VALOR HONEY PARTICIPANTS TO ATTEND AMERICAN HONEY PRODUCERS 10,000

UNIVERSITY OF MINNESOTA FOUNDATION

219 HODSON HALL
SAINT PAUL,MN55108 		NONE PC GENERAL OPERATING SUPPORT 150,000

MINNESOTA HOBBY BEEKEEPERS ASSOCIATION

13401 RADDISON ROAD NE
HAM LAKE,MN55304 		NONE PC 2024 TRAVEL GRANT DISBURSEMENT 2,000
GLEN NELSON


2839 N 46TH ST
LINCOLN,NE68504 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
JASON FOLEY


13778 SUMMERSET RD
INDIANOLA,IA50125 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,420
ELIZABETH PEPIN


15174 96TH ST NE
ELK RIVER,MN55330 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
LISA TOKACH


32774 HAWK ROAD
ABILENE,KS67410 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
VAL MAYO


201 NEPONSET VALLEY PARKWAY UNIT
213
HYDE PARK,MA02136 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
RUTH WILLIAMS


1060 KANE DRIVE
LONGMONT,CO80501 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,655
MEGAN PETERSON


64-669 PUU OLU PL
KAMUELA,HI96743 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,843
CATLIN PETERSON


64-669 PUU OLU PL
KAMUELA,HI96743 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,843
RAYLYNN WHITE


32 GOSSES AND RODGERS CRES
TORBAY,NEWFOUNDLANDA1K 1B4
CA 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
DOROTHY STILLMAN


1602 BLANCHARD DRIVE
ROUND ROCK,TX78681 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,508
SARA HOLTON


13779 NE 29TH ST
ELKHART,IA50073 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 891
KERRY WYSOCKI


225 GUILFORD ROAD
BLOOMFIELD HILLS,MI48304 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
DAN WYNS


4260 BEEMAN ROAD
WILLIAMSTON,MI48895 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,280
SHERRI BENSON


228 N PRAIRIE STREET
BATAVIA,IL60510 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,700
KRISTI SANDERSON


1252 E FRONTIER LANE
OLATHE,KS66062 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
ANNE KATZFEY


3300 W 43RD AVENUE
KANSAS CITY,KS66103 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,506
CHRISTY VANROOYEN


2500 LINDLEY WAY
KLAMATH FALLS,OR97601 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 940
TYLER HOLTON


13779 NE 29TH ST
ELKART,IA50073 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,747
PETRINA LASHON SANDOVAL CATE


88 PUEBLO ROAD
SAN FELIPE,NM87001 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
ZACH COOPER


1819 N H STREET
WELLINGTON,KS67152 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,700
CICI SWEENY


1996 BUTLER PIKE
GROVE CITY,PA16127 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
SHELLI QUATTLEBAUM


1111 SUNRISE CIRCLE
DACONO,CO80514 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
SUSAN COLLINS


46-3991 OLD MAMALAHOA HWY
HONOKAA,HI96727 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
STEPHANIE SLATER


612 E MARKET STREET UNIT 102
ELKHORN,WI53121 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,000
JAMES BEYER


269 U AVE
BOONE,IA50036 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,541
KATHRYN THOMPSON


216 GUM AVE
AKRON,CO80720 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
DIANE WELLONS


20901 GREENWELL WAY
LEONARDTOWN,MD20650 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000
SANDY STRICKLAND


459 S AVENIDA DEL ORO E
PUEBLO WEST,CO81007 		NONE I FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 2,000

NOOGA QUEEN BEE COOPERATIVE

3619 CHERRYTON DRIVE
CHATTANOOGA,TN374113606 		NONE NC FURTHERING EDUCATION WITH RESPECT TO SCIENCE POLICY AND BEEKEEPING. 1,528
Total .................................right arrow 3a 2,257,051
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 ........... 		    14 64,413  
4 Dividends and interest from securities ....     14 1,758,182  
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 .....     14 1  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 380,103  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,202,699 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,202,699
(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)
Yes
 
(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
1a(1) 2,423 IOWA HONEY PRODUCERS ASSOCIATION EXPENDITURE RESPONSIBILITY GRANT - SEE STATEMENT 15
1a(1) 1,522 KANSAS HONEY PRODUCERS ASSOCIATION EXPENDITURE RESPONSIBILITY GRANT - SEE STATEMENT 15
1a(1) 1,528 NOONGA QUEEN BEE COOPERATIVE EXPENDITURE RESPONSIBILITY GRANT - SEE STATEMENT 15
1a(1) 1,500 PROJECT APIS M EXPENDITURE RESPONSIBILITY GRANT - SEE STATEMENT 15
1a(1) 2,000 TREASURE VALLEY BEEKEEPERS CLUB EXPENDITURE RESPONSIBILITY GRANT - SEE STATEMENT 15
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:
ONE HIVE FOUNDATION
EIN:
92-0684940
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 26,292 13,146   13,146

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

TY 2024 ExpenditureResponsibilityStmt
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
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
IOWA HONEY PRODUCER'S ASSOCIATION
  		2543 170 TH STREET
LIVERMORE,IA50558 		2024-01-02 2,423 TRAVEL AND REGISTRATION FOR THE AMERICAN BEEKEEPING FEDERATION CONFERENCE IN JANUARY 2024 AND FOR A REPRESENTATIVE OF YOUR ORGANIZATION TO ATTEND JUDY WU-SMART'S SCIENCE POLICY AND ADVOCACY FOR BEEKEEPERS WORKSHOP. 2,423 NO JUNE 30, 2024 2024-01-02 GRANTEE SPENT THE ENTIRE AMOUNT OF GRANT ON FURTHERING EDUCATION WITH RESPECT TO SCIENCE AND BEEKEEPING DURING THE TAX YEAR FOR WHICH THE REPORT WAS PROVIDED.
KANSAS HONEY PRODUCERS ASSOCIATION
  		7601 W 54TH TERRACE
MISSION,KS66202 		2024-01-02 1,522 TRAVEL AND REGISTRATION FOR THE AMERICAN BEEKEEPING FEDERATION CONFERENCE IN JANUARY 2024 AND FOR A REPRESENTATIVE OF YOUR ORGANIZATION TO ATTEND JUDY WU-SMART'S SCIENCE POLICY AND ADVOCACY FOR BEEKEEPERS WORKSHOP. 1,522 NO FEBRUARY 8, 2024 2024-01-02 GRANTEE SPENT THE ENTIRE AMOUNT OF GRANT ON FURTHERING EDUCATION WITH RESPECT TO SCIENCE AND BEEKEEPING DURING THE TAX YEAR FOR WHICH THE REPORT WAS PROVIDED.
NOOGA QUEEN BEE COOPERATIVE
  		3619 CHERRYTON DRIVE
CHATTANOOGA,TN37411 		2024-01-19 1,528 TRAVEL AND REGISTRATION FOR THE AMERICAN BEEKEEPING FEDERATION CONFERENCE IN JANUARY 2024 AND FOR A REPRESENTATIVE OF YOUR ORGANIZATION TO ATTEND JUDY WU-SMART'S SCIENCE POLICY AND ADVOCACY FOR BEEKEEPERS WORKSHOP. 1,528 NO FEBRUARY 8, 2024 2024-01-19 GRANTEE SPENT THE ENTIRE AMOUNT OF GRANT ON FURTHERING EDUCATION WITH RESPECT TO SCIENCE AND BEEKEEPING DURING THE TAX YEAR FOR WHICH THE REPORT WAS PROVIDED.
PROJECT APIS M
  		PO BOX 26793
SALT LAKE CITY,UT84126 		2024-01-02 1,500 TRAVEL AND REGISTRATION FOR THE AMERICAN BEEKEEPING FEDERATION CONFERENCE IN JANUARY 2024 AND FOR A REPRESENTATIVE OF YOUR ORGANIZATION TO ATTEND JUDY WU-SMART'S SCIENCE POLICY AND ADVOCACY FOR BEEKEEPERS WORKSHOP. 1,500 NO FEBRUARY 12, 2024 2024-01-02 GRANTEE SPENT THE ENTIRE AMOUNT OF GRANT ON FURTHERING EDUCATION WITH RESPECT TO SCIENCE AND BEEKEEPING DURING THE TAX YEAR FOR WHICH THE REPORT WAS PROVIDED.
TREASURE VALLEY BEEKEEPERS CLUB
  		PO BOX 5066
BOISE,ID83705 		2024-01-08 2,000 TRAVEL AND REGISTRATION FOR THE AMERICAN BEEKEEPING FEDERATION CONFERENCE IN JANUARY 2024 AND FOR A REPRESENTATIVE OF YOUR ORGANIZATION TO ATTEND JUDY WU-SMART'S SCIENCE POLICY AND ADVOCACY FOR BEEKEEPERS WORKSHOP. 2,000 NO FEBRUARY 8, 2024 2024-01-08 GRANTEE SPENT THE ENTIRE AMOUNT OF GRANT ON FURTHERING EDUCATION WITH RESPECT TO SCIENCE AND BEEKEEPING DURING THE TAX YEAR FOR WHICH THE REPORT WAS PROVIDED.

TY 2024 InvestmentsCorpBondsSchedule
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Name of Bond End of Year Book Value End of Year Fair Market Value
250,000 CVS 3.000% 8/15/2026 232,375 242,168
99,000 AMAZON INC 4.600% 12/01/2025 99,161 99,116
53,000 BANK OF AMERICA CORP SN NOTE 3.705% 4/24/2028 49,849 51,619
101,000 BANK OF AMERICA CORP 5.202% 4/25/2029 100,115 101,472
113,000 CATERPILLAR FINL SVCS CORP 1.150% 9/14/2026 100,418 106,945
18,000 CATERPILLAR FINL SVCS CORP 4.350% 5/15/2026 17,989 17,975
125,000 COMCAST CORP BOND 3.375% 8/15/2025 121,301 123,929
113,000 EMERSON ELEC CO .875% 10/15/2026 99,131 106,196
128,000 HONEYWELL INTL INC 2.500% 11/1/2026 119,784 123,548
19,000 JP MORGAN CHASE 3.782% 2/1/2028 18,340 18,597
112,000 JPMORGAN CHASE & CO 1.578% 4/22/2027 99,483 107,546
114,000 MORGAN STANLEY 1.593% 5/4/2027 101,992 109,272
125,000 NATIONAL RURAL UTIL 3.250% 11/1/2025 120,066 123,483
111,000 PUBLIC STORAGE .875% 2/15/2026 99,200 106,524
19,000 PUBLIC STORAGE GLBL NT 5.125% 1/15/2029 19,516 19,228
118,000 STATE STREET CORP 5.820% 11/4/2028 119,736 121,376
133,000 UNITED PARCEL SVC INC 2.400% 11/15/2026 125,692 128,209
123,000 AIT PRODUCTS AND CHEMICALS INC. 4.6% 2/8/2029 122,608 122,419
125,000 AMERICAN EXPRESS 5.282% 7/27/2029 127,240 126,406
123,000 BANK NEW YORK MELLON CORP 4.543 % 2/1/2029 122,059 122,069
25,000 CME GROUP INC 3.000 % 3/15/2025 24,456 24,911
2,000 CATERPILLAR FINANCIAL SVCS 5.000 % 5/14/2027 2,054 2,020
134,000 COMMONSPIRIT HEALTH 3.347 % 10/1/2029 123,051 124,809
124,000 JOHN DEERE CAPITAL CORP 4.950 % 7/14/2028 127,228 125,194
23,000 EMERSON ELECTRIC CO 2.000 % 12/21/2028 20,505 20,768
66,000 GM FINANCIAL CONSUMER 2024-1 A3 4.850 % 12/18/2028 65,522 66,340
104,000 GEORGIA PAC CORP 7.750 % 11/15/2029 117,675 116,678
144,000 HONDA AUTO REC OWNER TR 5.170 % 5/15/2030 144,371 145,783
127,000 JOHN DEERE OWNER TR 2.490 % 1/16/2029 121,885 125,117
17,000 MORGAN STANLEY 4.210 % 4/20/2028 16,589 16,757
123,000 VERIZON MASTER TR 2023-1 4.490 % 1/22/2029 121,448 123,034

TY 2024 InvestmentsCorpStockSchedule
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Name of Stock End of Year Book Value End of Year Fair Market Value
9,385 ALPHABET INC CL A 1,028,966 1,776,580
8,600 AMAZON.COM 1,034,502 1,886,754
3,500 HOME DEPOT 1,125,004 1,361,465
11,410 TJX COS 941,611 1,378,442
6,000 NESTLE SA ADR 673,975 490,200
6,800 PROCTOR & GAMBLE 1,000,514 1,140,020
9,500 CHEVRON 1,485,913 1,375,980
12,500 ABBOTT LABS 1,328,485 1,413,875
6,000 DANAHER CORP 1,328,678 1,377,300
8,030 JOHNSON & JOHNSON 1,296,767 1,161,299
2,210 UNITED HEALTH GROUP 1,139,559 1,117,951
6,800 CANADIAN NATIONAL RAILWAY 804,226 690,268
3,500 ROCKWELL AUTOMATION 981,667 1,000,265
6,520 XYLEM INC 682,343 756,450
8,000 APPLE INC 1,333,964 2,003,360
1,400 ADOBE SYS 639,561 622,552
5,595 ANALOG DEVICES 970,395 1,188,714
4,540 AUTOMATIC DATA PROCESSING 1,055,143 1,328,994
9,425 ADVANCED MICRO DEVICES 861,614 1,138,446
8,500 FISERV 990,585 1,746,070
3,500 MASTERCARD 1,398,351 1,842,995
4,200 MICROSOFT CORP 1,324,453 1,770,300
16,000 NVIDIA CORP 257,851 2,148,640
8,500 APTARGROUP 1,038,382 1,335,350
18,150 NEXTERA ENERGY 1,114,338 1,301,173
9,500 RTX CORPORATION 890,301 1,099,340
20,700 SCHNEIDER ELEC SA ADR 749,424 1,027,548
13,400 CARRIER GLOBAL 845,339 914,684
2,000 VERTEX PHARMACEUTICALS 869,037 805,400
12,000 BALL CORP 758,343 661,560
750 SALESFORCE.COM 263,052 250,748
9,000 MCCORMICK & CO. 679,335 686,160

TY 2024 InvestmentsGovtObligationsSch
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
US Government Securities - End of Year Book Value:

13,123,213
US Government Securities - End of Year Fair Market Value:

13,294,969
State & Local Government Securities - End of Year Book Value:


722,404
State & Local Government Securities - End of Year Fair Market Value:


736,867


TY 2024 InvestmentsOtherSchedule2
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
126,564.07 GQG PARTNERS EMERGING MARKETS EQUITY FUND INST SHARES AT COST 1,796,559 2,093,370
223,517.58 AMG RIVER ROAD SMALL-MID CAP VALUE CL I AT COST 2,058,260 2,224,000
215,095.68 OSTERWEIS STRATEGIC INCOME FUND AT COST 2,301,459 2,411,222
100,000 FISHER BROTHERS FARM, LLC NOTE OFFERING AT COST 100,000 100,000
80,000 UNITS HIGHVISTA VENTURE CAPITAL XIV LP AT COST 73,923 71,379
43,572.99 ROBECO BOSTON PARTNERS LONG SHORT AT COST 587,364 588,671
13,789.93 FPA CRESCENT FUND AT COST 585,382 554,355

TY 2024 OtherDecreasesSchedule
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Description Amount
INTEREST & DIVIDEND INCOME EARNED 2023 RECEIVED 2024 55,617
2023 ACCRUED INTEREST PAID CARRYOVER USED IN 2024 6,187


TY 2024 OtherExpensesSchedule
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WEBSITE DESIGN 5,365 0   5,365
ADR FEES 1,710 1,710   0
AMERICAN EXPRESS CARD ANNUAL FEES 1,045 0   1,045
LATE PAYMENT FEE AND INTEREST CHARGE ON AMEX CARD 50 0   50
MEMBERSHIP FEES 435 0   435
MARKETING 2,028 0   2,028
WORKERS COMP INSURANCE 33 0   33
RETURN OF UNUSED GRANT MONEY IOWA HONEY PRODUCERS ASSOC. -227 0   -227
PAYROLL SERVICES FEES 716 0   0
HIGHVISTA VENTURE CAPITAL XIV, LP - PORTFOLIO DEDUCTIONS 6,432 6,432   0


TY 2024 OtherIncomeSchedule2
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
HIGHVISTA VENTURE CAPITAL XIV, LP 1 1 1


TY 2024 OtherIncreasesSchedule
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Description Amount
INTEREST & DIVIDEND INCOME EARNED 2024 RECEIVED 2025 44,581
HIGHVISTA VENTURE CAPITAL XIV, LP - 2024 PURCHASES BOOKED IN 2025 65,000


TY 2024 OtherProfessionalFeesSchedule
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT AND ADVISORY FEES 577,203 288,601   288,602
CONSULTING FEES - FOUNDATION MANAGEMENT 318,986 0   318,986
PUBLIC RELATIONS FEES 10,000 0   10,000


TY 2024 TaxesSchedule
Name:
ONE HIVE FOUNDATION
EIN:
92-0684940
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 20,655 20,655   0
FEDERAL EXCISE TAX - 2023 EXTENSION 17,000 0   0
PAYROLL TAX EXPENSE 1,009 0   1,009