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 07/2021, Milton Hershey School & School Trust employed 2,023 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milton Hershey School & School Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2020, Milton Hershey School & School Trust generated $462.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $286.6m during the year ending 07/2020. While expenses have increased by 1.8% per year over the past 6 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

2020

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
$627,138
Elliott H Robinson
VP Administration
$340,108
Freda F Martine
VP Of Edu And Student Life
$284,278
Lisa Rashid
VP - Communications
$264,171
Jeffrey Johnson
VP Human Resources
$259,978
Andrew Clark ESQ
VP Legal
$247,801

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wohlsen Construction Co
Construction
$16,431,883
Kinsley Construction Inc
Construction
$9,707,566
Hershey Trust Company
Invest & Shared Srvs
$7,906,674
Sodexo Inc Affiliates
Construction
$5,828,769
Greenleaf Elliott Pc
Legal
$3,931,547
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$30,628
Investment income $368,989,267
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,363,609
Net Gain/Loss on Asset Sales $89,242,436
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $461,991,595

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Milton Hershey School & School Trust has recieved totaling $99.

Awarding OrganizationAmount
Aetna Foundation Inc

Hartford, CT

PURPOSE: GENERAL PURPOSE

$99
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,560,697,333
Earnings$3,748,236,728
Ending Balance$19,308,934,061

Peer Organizations

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