The M S Hershey Foundation

Organization Overview

The M S Hershey Foundation is located in Hershey, PA. The organization was established in 1966. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, M S Hershey Foundation employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M S Hershey Foundation 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 12/2021, M S Hershey Foundation generated $17.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $9.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE AND ENHANCE MILTON HERSHEY'S LEGACY AND COMMUNITY VISION AND TO PROVIDE EDUCATIONAL AND CULTURAL ENRICHMENT TO THE RESIDENTS OF THE HERSHEY AREA.

Describe the Organization's Program Activity:

SEE SCHEDULE O - HERSHEY THEATRE


SEE SCHEDULE O - THE HERSHEY STORY MUSEUM


SEE SCHEDULE O - HERSHEY GARDENS


HERSHEY COMMUNITY ARCHIVES


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hershey Entertainment Resorts Com
Theatre Mgmt Svcs
$502,608
Allied Maintenance Systems Inc
Cleaning Svcs
$136,599
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$51,000
Government grants $5,529,722
All other contributions, gifts, grants, and similar amounts not included above$677,088
Noncash contributions included in lines 1a–1f $81,195
Total Revenue from Contributions, Gifts, Grants & Similar$6,257,810
Total Program Service Revenue$5,188,477
Investment income $944,577
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $101,128
Net Gain/Loss on Asset Sales $3,925,527
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $614,093
Miscellaneous Revenue$0
Total Revenue $17,201,612

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The M S Hershey Foundation has recieved totaling $7,033.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$7,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$33
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$34,709,684
Earnings$2,861,069
Net Contributions$593,947
Other Expense$42,235
Ending Balance$38,122,465

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