Milton Hershey School & School Trust

Organization Overview

Milton Hershey School & School Trust is located in Hershey, PA. The organization was established in 1937. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2019, Milton Hershey School & School Trust employed 2,152 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 07/2019, Milton Hershey School & School Trust generated $1.4b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $305.9m during the year ending 07/2019. While expenses have increased by 3.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

IN KEEPING WITH MILTON AND CATHERINE HERSHEY'S DEED OF TRUST, MILTON HERSHEY SCHOOL NURTURES AND EDUCATES CHILDREN IN SOCIAL AND FINANCIAL NEED. SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O FOR FURTHER DETAILS.


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Board, Officers & Key Employees

Name (title)Compensation
Peter G Gurt
President
$520,488
Andrew Cline
VP Legal
$293,266
Elliott H Robinson
VP Administration
$275,791
Freda F Martine
VP Of Edu And Student Life
$241,938
Lisa Rashid
VP - Communications
$226,752
Beth J Shaw
Exec Director- Student Support
$211,156

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kinsley Construction Inc
Construction
$21,116,738
Warfel Construction Company
Construction
$9,943,296
Sodexo Inc Affiliates
Food Service/mgt
$6,024,072
Wohlsen Construction Co
Construction
$17,512,153
Hershey Trust Company
Invest & Shared Srvs
$9,008,813
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$64,868
Investment income $379,211,911
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,237,605
Net Gain/Loss on Asset Sales $1,058,309,311
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,441,237,383

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Milton Hershey School & School Trust has recieved totaling $9,954.

Awarding OrganizationAmount
National Association For The Exchange Of Industrial Resources I

Galesburg, IL

PURPOSE: CARE OF ILL, NEEDY, OR MINOR

$9,954
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,387,613,285
Earnings$3,524,584,175
Ending Balance$15,912,197,460

Peer Organizations

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