MILTON HERSHEY SCHOOL & SCHOOL TRUST: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: MILTON HERSHEY SCHOOL & SCHOOL TRUST (EIN 23-1353340)
Tax period: 2022-08-01 to 2023-07-31
Filed: 2024-06-14
IRS object ID: 202411669349300526
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-06-14T09:18:22-05:00	ReturnTs
Tax Period End	2023-07-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PwC US Tax LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 MARKET ST SUITE 1800	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-08-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	231353340	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MILTON HERSHEY SCHOOL AND SCHOOL TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% MATTHEW JACOLIK HERSHEY TRU	InCareOfNm
Business Name Control	MILT	BusinessNameControlTxt
Phone	7175201100	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 445	AddressLine1Txt
City	HERSHEY	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17033	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Cordel Robbin-Coker	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	7175201100	PhoneNum
Signature	2024-05-23	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Cordel	PersonFirstNm
Person Last	Robbin-Coker	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOANNE KRUEGER DIRECTOR	PreparerPersonNm
PTIN	P01235586	PTIN
Phone	2673303000	PhoneNum
Preparation	2024-06-10	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	PETER GURT	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 830	AddressLine1Txt
City	HERSHEY	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17033	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,862,857,363	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.MHS-PA.ORG	WebsiteAddressTxt
Type Of Organization Other	Yes (X)	TypeOfOrganizationOtherInd
Other Organization Dsc	SEE SCH O	OtherOrganizationDsc
Formation	1909	FormationYr
Legal Domicile State	PA	LegalDomicileStateCd
Activity Or Mission	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.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	2250	TotalEmployeeCnt
Total Volunteers	344	TotalVolunteersCnt
Total Gross UBI	$10,090,324	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$191,306	PYContributionsGrantsAmt
CY Contributions Grants	$61,062	CYContributionsGrantsAmt
PY Program Service Revenue	$621,843	PYProgramServiceRevenueAmt
CY Program Service Revenue	$549,818	CYProgramServiceRevenueAmt
PY Investment Income	$1,454,386,612	PYInvestmentIncomeAmt
CY Investment Income	$884,454,285	CYInvestmentIncomeAmt
PY Other Revenue	$2,521,610	PYOtherRevenueAmt
CY Other Revenue	$3,086,584	CYOtherRevenueAmt
PY Total Revenue	$1,457,721,371	PYTotalRevenueAmt
CY Total Revenue	$888,151,749	CYTotalRevenueAmt
PY Grants And Similar Paid	$6,788,703	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$5,103,468	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$156,041,070	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$187,936,466	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$146,342,389	PYOtherExpensesAmt
CY Other Expenses	$175,993,776	CYOtherExpensesAmt
PY Total Expenses	$309,172,162	PYTotalExpensesAmt
CY Total Expenses	$369,033,710	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,148,549,209	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$519,118,039	CYRevenuesLessExpensesAmt
Total Assets BOY	$23,523,788,782	TotalAssetsBOYAmt
Total Assets EOY	$24,230,059,234	TotalAssetsEOYAmt
Total Liabilities BOY	$271,236,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$203,385,121	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$23,252,552,782	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$24,026,674,113	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O FOR FURTHER DETAILS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$277,835,440	ExpenseAmt
Grant	$5,103,468	GrantAmt
Revenue	$549,818	RevenueAmt
Desc	SEE SCHEDULE O FOR FURTHER DETAILS.	Desc
Total Program Service Expenses	$277,835,440	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	212	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	2250	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	MATTHEW JACOLIK HERSHEY TRU	PersonNm
Phone	7175201100	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 445	AddressLine1Txt
City	HERSHEY	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17033	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd	Institutional TrusteeInstitutionalTrusteeInd
PETER G GURT
PRESIDENT	55.0	15.0	Yes (X)	$675,110	$0	$158,450
ELLIOTT H ROBINSON
VP ADMINISTRATION	53.0	10.0	Yes (X)	$346,572	$0	$109,866
STEVEN SPARKS ESQ
SECRETARY UNTIL 7/10/22	44.0	6.0	Yes (X)	$0	$346,379	$58,961
FREDA F MARTINE
VP OF EDU AND STUDENT LIFE	55.0	10.0	Yes (X)	$312,314	$0	$63,503
ANDREW CLARK ESQ
VP Legal/General Counsel	55.0	10.0	Yes (X)	$278,151	$0	$96,109
LISA RASHID
VP - COMMUNICATIONS	48.0	4.0	Yes (X)	$265,694	$0	$93,148
JEFFERY JOHNSON
VP HUMAN RESOURCES	52.0	3.0	Yes (X)	$263,155	$0	$94,063
ANNETTE K COLE GILL
HEAD-MIDDLE DIVISION	53.0	0.0		$236,786	$0	$93,040	Yes (X)
BETH J SHAW
EXEC DIRECTOR- STUDENT SUPPORT	55.0	10.0		$238,380	$0	$73,415	Yes (X)
WILLIAM H WEBER III
HEAD OF SCHOOL DIVISION	55.0	0.0		$212,146	$0	$59,674	Yes (X)
M DIANE KOKEN
BOARD OF MANAGERS	15.0	4.0		$0	$105,000	$160,000		Yes (X)
JAMES BROWN
BOARD OF MANAGERS	5.0	3.0		$0	$105,000	$160,000		Yes (X)
JAMES KATZMAN
BOARD OF MANAGERS	6.0	3.0		$0	$0	$265,000		Yes (X)
TIMOTHY C FAKE
SR DIRECTOR IT	50.0	3.0		$202,628	$0	$62,350			Yes (X)
TANYA BAYNHAM
VP GRAD PROG FOR SUCC	50.0	0.0	Yes (X)	$191,482	$0	$61,941
JOHN J OSMOLINSKI
SR DIR CONSTRUCTION/FAC	48.5	4.0		$190,022	$0	$59,485	Yes (X)
ERIN OSEVALA
Deputy General Counsel	42.0	8.0		$199,254	$0	$47,993			Yes (X)
DENISE L ALSTON DDS
DIR DENTAL SERVICES	60.0	0.0		$198,881	$0	$41,292			Yes (X)
SEAN CONCANNON
Deputy General Counsel	35.0	15.0		$202,242	$0	$31,114			Yes (X)
JEFFREY C PERALES
HEAD ELEMENTARY DIVISION	53.0	0.0		$164,296	$0	$59,944	Yes (X)
MATTHEW JACOLIK
INTERIM TREASURER UNTIL 7/19	43.0	1.0		$0	$137,924	$47,923				Yes (X)
CAROL DANZ
ASSISTANT SECRETARY	42.0	1.0	Yes (X)	$0	$111,035	$37,401
Melissa L Fullmore
Board of Managers	6.0	0.0		$0	$135,715	$0		Yes (X)
Maria Kraus
Board of Managers	8.0	1.0		$0	$135,715	$0		Yes (X)
AMY MARSH
BOARD OF MANAGERS	17.0	0.0		$0	$135,715	$0		Yes (X)
DAN KATZIR
BOARD OF MGRS UNTIL 10/17/22	6.0	1.0		$0	$135,715	$0		Yes (X)
DAVID SALTZMAN
Board of Managers	4.0	0.0		$0	$125,715	$0		Yes (X)
JAN L BERGEN
BOARD OF MANAGERS	7.0	0.0		$0	$125,715	$0		Yes (X)
Michela English
Board of Managers	4.0	0.0		$0	$125,715	$0		Yes (X)
CORDEL ROBBIN-COKER
BOARD OF MANAGERS, TREASURER	4.0	0.0	Yes (X)	$0	$125,715	$0		Yes (X)
HERSHEY TRUST COMPANY
TRUSTEE	0.0	0.0		$1,000	$0	$0					Yes (X)
Michelle M Figlar
TRUSTEE AS OF 1/1/2023	0.0	0.0		$0	$0	$0		Yes (X)
Harold Singleton
TRUSTEE AS OF 1/1/2023	0.0	0.0		$0	$0	$0		Yes (X)
Jason Wolfe
TRUSTEE AS OF 1/1/2023	0.0	0.0		$0	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,177,113	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$1,212,483	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,934,672	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	230	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
HERSHEY TRUST COMPANY
PO BOX 445	HERSHEY	PA	17033	INVEST & SHARED SRVS	$20,379,379
SODEXO INC AFFILIATES
PO BOX 360170	PITTSBURGH	PA	152516170	CONSTRUCTION	$6,681,743
EGSTOLTZFUS CONSTRUCTION LLC
2127 NEW HOLLAND PIKE	LANCASTER	PA	17601	CONSTRUCTION	$4,448,170
ARTHUR FUNK SONS INC
1405 BIRCH ROAD	LEBANON	PA	17042	CONSTRUCTION	$2,989,667
YORK EXCAVATING COMPANY LLC
3180 EAST PROSPECT ROAD	YORK	PA	17402	CONSTRUCTION	$6,609,588

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	169	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$61,062	AllOtherContributionsAmt
Total Contributions	$61,062	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
AG MILK, LIVESTOCK & CROP SALES	900099	$510,377	$510,377
UTILITY REBATES	900099	$23,256	$23,256
CONCESSION STAND SALES	900099	$6,543	$6,543
FOOD REBATES	900099	$4,661	$4,661
MEMORABILIA SALES TO PUBLIC	900099	$1,461	$1,461

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,520	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,520	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$549,818	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$557,648,689	TotalRevenueColumnAmt
Unrelated Business Revenue	$10,080,248	UnrelatedBusinessRevenueAmt
Exclusion	$547,568,441	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$5,912,661	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$2,826,077	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$3,086,584	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,086,584	TotalRevenueColumnAmt
Unrelated Business Revenue	$10,076	UnrelatedBusinessRevenueAmt
Exclusion	$3,076,508	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,297,802,000	SecuritiesAmt
Other	$883,133	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$971,441,982	SecuritiesAmt
Other	$437,555	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$326,360,018	SecuritiesAmt
Other	$445,578	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$326,805,596	TotalRevenueColumnAmt
Exclusion	$326,805,596	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$888,151,749	TotalRevenueColumnAmt
Related Or Exempt Func Income	$549,818	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$10,090,324	UnrelatedBusinessRevenueAmt
Exclusion	$877,450,545	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$5,103,468	TotalAmt
Program Services	$5,103,468	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,391,296	TotalAmt
Program Services	$2,460,464	ProgramServicesAmt
Management And General	$1,930,832	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$111,007,643	TotalAmt
Program Services	$102,908,855	ProgramServicesAmt
Management And General	$8,098,788	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$28,576,057	TotalAmt
Program Services	$26,137,853	ProgramServicesAmt
Management And General	$2,438,204	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$34,671,907	TotalAmt
Program Services	$31,073,543	ProgramServicesAmt
Management And General	$3,598,364	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$9,289,563	TotalAmt
Program Services	$8,453,502	ProgramServicesAmt
Management And General	$836,061	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$3,507,917	TotalAmt
Program Services	$2,369,555	ProgramServicesAmt
Management And General	$1,138,362	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$500,139	TotalAmt
Program Services	$446,645	ProgramServicesAmt
Management And General	$53,494	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$49,823,532	TotalAmt
Management And General	$49,823,532	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$7,150,903	TotalAmt
Program Services	$7,150,538	ProgramServicesAmt
Management And General	$365	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$12,757,148	TotalAmt
Program Services	$6,078,684	ProgramServicesAmt
Management And General	$6,678,464	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,489,452	TotalAmt
Program Services	$2,179,169	ProgramServicesAmt
Management And General	$310,283	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,529,431	TotalAmt
Program Services	$3,360,170	ProgramServicesAmt
Management And General	$169,261	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,619,037	TotalAmt
Program Services	$5,705,693	ProgramServicesAmt
Management And General	$913,344	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,947,674	TotalAmt
Program Services	$1,881,595	ProgramServicesAmt
Management And General	$66,079	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$455,022	TotalAmt
Program Services	$396,607	ProgramServicesAmt
Management And General	$58,415	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$41,936,407	TotalAmt
Program Services	$35,891,381	ProgramServicesAmt
Management And General	$6,045,026	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$6,760,788	TotalAmt
Program Services	$2,562,490	ProgramServicesAmt
Management And General	$4,198,298	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
CONTRACTED SERVICES	$14,895,938	$11,533,064	$3,362,874
FOOD, CLOTHING & HOUSEHOLD	$8,751,255	$8,395,604	$355,651
EQUIP RENTAL & MAINTENANCE	$5,812,736	$5,081,330	$731,406
TRUST EXPENSES	$929,685		$929,685

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,126,712	TotalAmt
Program Services	$8,665,230	ProgramServicesAmt
Management And General	-$538,518	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$369,033,710	TotalAmt
Program Services	$277,835,440	ProgramServicesAmt
Management And General	$91,198,270	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,832,001	BOYAmt
EOY	$6,922,850	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$275,528,176	BOYAmt
EOY	$71,629,169	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$108,099,777	BOYAmt
EOY	$53,316,120	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$3,018,534	BOYAmt
EOY	$3,662,278	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,594,870	BOYAmt
EOY	$3,023,346	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,605,140,564	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$763,783,368	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$784,794,184	BOYAmt
EOY	$841,357,196	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,016,362,453	BOYAmt
EOY	$2,396,271,599	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$20,328,558,787	BOYAmt
EOY	$20,853,876,676	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$23,523,788,782	BOYAmt
EOY	$24,230,059,234	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$271,236,000	BOYAmt
EOY	$203,385,121	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$271,236,000	BOYAmt
EOY	$203,385,121	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,876,161,916	BOYAmt
EOY	$2,091,482,384	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$21,376,390,866	BOYAmt
EOY	$21,935,191,729	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$23,252,552,782	BOYAmt
EOY	$24,026,674,113	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$23,523,788,782	BOYAmt
EOY	$24,230,059,234	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$519,118,039	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$294,984,884	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$39,981,592	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$21,376,390,866	BeginningYearBalanceAmt
Investment Earnings Or Losses	$558,800,863	InvestmentEarningsOrLossesAmt
End Year Balance	$21,935,191,729	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$19,308,934,061	BeginningYearBalanceAmt
Investment Earnings Or Losses	$2,067,456,805	InvestmentEarningsOrLossesAmt
End Year Balance	$21,376,390,866	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$15,560,697,333	BeginningYearBalanceAmt
Investment Earnings Or Losses	$3,748,236,728	InvestmentEarningsOrLossesAmt
End Year Balance	$19,308,934,061	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$15,912,197,460	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$351,500,127	InvestmentEarningsOrLossesAmt
End Year Balance	$15,560,697,333	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$12,387,613,285	BeginningYearBalanceAmt
Investment Earnings Or Losses	$3,524,584,175	InvestmentEarningsOrLossesAmt
End Year Balance	$15,912,197,460	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (true)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (true)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$66,786,612	OtherCostOrOtherBasisAmt
Book Value	$66,786,612	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$156,018,994	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$1,237,374,581	OtherCostOrOtherBasisAmt
Depreciation	$676,960,188	DepreciationAmt
Book Value	$716,433,387	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$144,960,377	OtherCostOrOtherBasisAmt
Depreciation	$86,823,180	DepreciationAmt
Book Value	$58,137,197	BookValueAmt

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildingsGrp
Total Book Value Land Buildings	$841,357,196	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	SEE PART XIII	Desc
Book Value	$20,853,876,676	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$20,853,876,676	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt
Total Liability	$0	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,185,244,991	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$294,984,884	NetUnrealizedGainsInvstAmt
Other Revenue	$2,108,358	OtherRevenueAmt
Revenue Not Reported	$297,093,242	RevenueNotReportedAmt
Revenue Subtotal	$888,151,749	RevenueSubtotalAmt
Total Revenue Per Form990	$888,151,749	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$384,992,409	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$717,718	OtherExpensesIncludedAmt
Expenses Not Reported	-$717,718	ExpensesNotReportedAmt
Expenses Subtotal	$385,710,127	ExpensesSubtotalAmt
Other Expenses Not Included	-$16,676,417	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	-$16,676,417	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$369,033,710	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1A & 4	MAINTAINING COLLECTIONS OF ART, HISTORICAL TREASURES, OR SIMILAR ASSETS THE ORGANIZATION ELECTED, AS PERMITTED UNDER ASC 958-360-25-1 and 958-605-25-19 (formerly SFAS 116), NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. THE DEPARTMENT OF SCHOOL HISTORY AND THE MHS HERITAGE CENTER AT KINDERHAUS PROVIDE FOR THE CARE AND MANAGEMENT OF THE HISTORICAL ASSETS OF THE MILTON HERSHEY SCHOOL COMMUNITY. THE HISTORICAL ASSETS(COLLECTION) CONSIST OF ARCHIVAL RECORDS AND DOCUMENTS, THREE DIMENSIONAL OBJECTS, INTERPRETIVE EXHIBITS, AND HISTORICAL CAMPUS BUILDINGS WHICH HELP TO DOCUMENT THE LIVES AND VALUES OF MILTON AND CATHERINE HERSHEY AS FOUNDERS OF OUR SCHOOL, THE HISTORY AND TRADITIONS OF THE SCHOOL AS AN INSTITUTION, AND THE STORIES OF THE STUDENTS, STAFF, AND ALUMNI WHO MAKE UP THE SCHOOL COMMUNITY. EXCLUDED FROM THIS MANDATE ARE LEGAL BOARD RECORDS, STUDENT RECORDS, AND ALUMNI RECORDS. SCHEDULE D, PART V, LINE 4 TRUST FUNDS AS MANDATED BY MILTON HERSHEY'S DEED OF TRUST, THE TRUST FUNDS ARE USED TO OPERATE THE MILTON HERSHEY SCHOOL AND MANAGE THE SCHOOL TRUST IN PERPETUITY. THE SCHOOL HAS MADE A POSITIVE DIFFERENCE IN THE LIVES OF ITS STUDENTS FOR OVER 110 YEARS. IN ORDER TO CONTINUE TO CHANGE LIVES FOR THE NEXT 110 YEARS AND BEYOND, THE TRUST FUNDS AND OTHER ASSETS OF THE MILTON HERSHEY SCHOOL TRUST (THE "ASSETS") ARE INVESTED FOR THE LONG TERM. DOING SO HELPS TO ENSURE FUNDS ARE AVAILABLE TO MEET CURRENT AND FUTURE OBLIGATIONS OF MILTON HERSHEY SCHOOL. THE BOARD AND THE TRUSTEE, WITH ASSISTANCE FROM THIRD-PARTY INVESTMENT CONSULTANTS, CONTINUALLY REVIEW THE PERFORMANCE OF THE ASSETS AND INVESTMENT DECISIONS. STRICT INVESTMENT GUIDELINES GOVERN A DISCIPLINED PROCESS FOR ASSET ALLOCATION, MANAGER SELECTION AND REVIEW OF MANAGEMENT FEES.
SCHEDULE D, PART X, LINE 2	FIN 48 FOOTNOTE TAX POSITIONS ARE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY THAN-NOT" THRESHOLD FOR POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS THAT RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT SHOULD BE RECORDED.
SCHEDULE D, PART XI, LINE 2D	RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN PROGRAM SERVICE REVENUE (RECLASS) (549,818) RENTAL INCOME (167,900) RENTAL EXPENSES 2,826,076 ____________ 2,108,358 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH EXPENSES PER RETURN RENTAL INCOME (167,900) PROGRAM SERVICE REVENUE (RECLASS) (549,818) ____________ (717,718) SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH EXPENSES PER RETURN UNRECOGNIZED PENSION & POST RETIREMENT GAIN (16,676,417)
SUPPLEMENTAL INFORMATION FORM 990, PARTS VIII AND IX: DETAIL OF REVENUE	AND EXPENSES PART VIII, STATEMENT OF REVENUE MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL 1F CONTRIBUTIONS 61,062 - 61,062 2 PROGRAM SERVICE REV - 549,818 549,818 3 INVESTMENT INCOME 557,648,689 - 557,648,689 6 NET RENTAL INCOME 2,918,684 167,900 3,086,584 7(I) GAIN ON SALE-SECURITIES 326,360,018 - 326,360,018 7(II) GAIN ON SALE-OTHER 131,181 314,397 445,578 11A OTHER INCOME - - - ______________ ________ _____________ 12 TOTAL REVENUE 887,119,634 1,032,115 888,151,749 PART IX, STATEMENT OF FUNCTIONAL EXPENSES MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL 2 GRANTS TO INDIVIDUALS - 5,103,468 5,103,468 5 COMPENSATION OF OFFICERS 1,000 4,390,296 4,391,296 7 OTHER SALARIES & WAGES - 111,007,643 111,007,643 8 PENSION PLAN CONTRIBUTIONS - 28,576,057 28,576,057 9 OTHER EMPLOYEE BENEFITS - 34,671,907 34,671,907 10 PAYROLL TAXES - 9,289,562 9,289,562 11B LEGAL FEES - 3,507,918 3,507,918 11C ACCOUNTING FEES - 500,139 500,139 11F INVEST MGMT FEES 49,823,532 - 49,823,532 11G OTHER FEES FOR SERVICES - 7,150,903 7,150,903 12 ADVERTISING - 12,757,148 12,757,148 13 OFFICE EXPENSES - 2,489,452 2,489,452 14 INFORMATION TECHNOLOGY - 3,529,432 3,529,432 16 OCCUPANCY - 6,619,037 6,619,037 17 TRAVEL - 1,947,674 1,947,674 19 CONFERENCES - 455,022 455,022 22 DEPRECIATION 202,242 41,734,164 41,936,406 23 INSURANCE - 6,760,788 6,760,788 24A CONTRACTED SERV/CONSULTING - 14,895,938 14,895,938 24B FOOD/CLOTHING/HOUSEHOLD - 8,751,255 8,751,255 24C EQUIP RENTAL & MAINTENANCE - 5,812,735 5,812,735 24D TRUST EXPENSES () 555,715 373,970 929,685 24E ALL OTHER EXPENSES - 8,126,713 8,126,713 ___________ ___________ ____________ 25 TOTAL FUNCTIONAL EXPENSES 50,582,489 318,451,221 369,033,710 () TRUST EXPENSES INCLUDE LEGAL, CONSULTING AND OTHER EXPENSES RELATED TO MANAGEMENT OF THE TRUST. SUPPLEMENTAL INFORMATION FORM 990, PART X, LINE 27: UNRESTRICTED NET ASSETS (INCOME FUND) MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL 1 CASH 5,919,246 981,507 6,900,753 2 SAVINGS & TEMP INVEST 48,362,012 - 48,362,012 4 ACCOUNTS RECEIVABLE 41,185,827 2,366,048 43,551,875 8 INVENTORIES FOR SALE/USE - 3,662,278 3,662,278 9 PREPAID EXPENSES 311,922 2,711,424 3,023,346 10A PROPERTY EQPMT(COST) 1,332,098,359 116,866,326 1,448,964,685 10B LESS: ACCUMULATED DEP. (676,960,188) (86,823,180) (763,783,368) 11 INVEST: PUBLICLY TRADED 386,743,146 - 386,743,146 12 INVEST: OTHER 1,071,550,534 - 1,071,550,534 17 LIABILITIES (6,840,878)(150,651,999) (157,492,877) _____________ ____________ _____________ NET UNRESTRICTED ASSETS 2,202,369,980 (110,887,596) 2,091,482,384 OF THE $2,091,482,384 IN NET UNRESTRICTED ASSETS, $1,521,169,525 IS AVAILABLE IN MARKETABLE INVESTMENTS. THE REMAINDER OF THE NET UNRESTRICTED ASSETS IS IN NON-LIQUID REAL ESTATE, INCLUDING CAMPUS BUILDINGS, AND INVESTMENTS. FORM 990, PART X BALANCE SHEET DETAIL PART X, LINE 11 PUBLICLY TRADED SECURITIES CORPORATE BONDS 798,005,772 FMV COMMON STOCKS-OTHER 1,598,265,827 FMV ______________ TOTAL PART X, LINE 11 2,396,271,599 PART X, LINE 12/SCHEDULE D, PART VII CLOSELY HELD EQUITY INTERESTS HERSHEY ENTERTAINMENT & RESORTS 748,400,000 FMV HERSHEY TRUST COMPANY 40,018,442 FMV THE HERSHEY CO - CLASS B SHARES 12,632,304,496 FMV THE HERSHEY CO - COMMON SHARES 477,913,986 FMV _____________ SUB-TOTAL CLOSELY-HELD INTERESTS 13,898,636,924 PART X, LINE 12 (CONTINUED) OTHER STOCK FUNDS - OTHER 3,274,479,677 OTHER BOND FUNDS 1,924,671,382 ALTERNATIVE ASSETS-NON MARKETABLE 1,756,088,693 _______________ SUB-TOTAL OTHER 6,955,239,752 _______________ TOTAL PART X, LINE 12 20,853,876,676

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	false	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE E, LINE 3	FormAndLineReferenceDesc
Explanation	THE MILTON HERSHEY SCHOOL ANNUALLY PUBLISHES ITS NON-DISCRIMINATION POLICY ON THE ORGANIZATION'S WEBSITE WHICH READS AS FOLLOWS: Qualified students are eligible for admission regardless of race, color, national or ethnic origin, ancestry, sex (including sexual orientation/gender identity), religious creed, disability or any other status protected under applicable federal or Pennsylvania law to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. Milton Hershey School does not discriminate on the basis of race, color, national or ethnic origin, ancestry, sex (including sexual orientation/gender identity), religious creed, disability or any other status protected under federal or Pennsylvania law, in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.	ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)	Investments	$100,017,919
Russia and the Newly Independent States	Investments	$318
East Asia and the Pacific	Investments	$22,035,679
North America	Investments	$55,429,298
Sub-Saharan Africa	Investments	$113,018,416
Middle East and North Africa	Investments	$408,813
South America	Investments	$3,477,860
South Asia	Investments	$1,424,500
Central America and the Caribbean	Investments	$879,910,692

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$1,175,723,495	SubtotalSpentAmt
Total Spent	$1,175,723,495	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	Continuing Education Scholarships	GrantTypeTxt
Recipient	694	RecipientCnt
Cash Grant	$5,103,468	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE I, PART I, QUESTION 2

MONITORING THE USE OF GRANT FUNDS THE CONTINUING EDUCATION SCHOLARSHIP (CES) HAS BEEN ESTABLISHED TO PROVIDE POST-SECONDARY SCHOLARSHIP ASSISTANCE TO ELIGIBLE MILTON HERSHEY SCHOOL GRADUATES PURSUING FULL-TIME STUDY IN AN ACCREDITED UNDERGRADUATE PROGRAM WITH THE INTENTION TO EARN A DIPLOMA, CERTIFICATE, OR DEGREE. THE CES EASES - AND OFTEN ELIMINATES - THE BURDEN OF STUDENTS' POST-SECONDARY COSTS BY HELPING TO PAY FOR STANDARD FULL-TIME TUITION, FEES, ROOM AND BOARD, AND POSSIBLY HEALTH INSURANCE NOT COVERED BY AID FROM POSTSECONDARY SCHOOLS. THE CES COVERS COSTS FOR RECENT GRADUATES UP TO $95,000. THESE FUNDS ARE AVAILABLE TO ALUMNI WHO PURSUE THEIR POSTGRADUATE STUDIES WITHIN FIVE YEARS OF GRADUATION. CES STAFF AND RESOURCES ARE DEVOTED TO FOLLOWING UP WITH ALUMNI TO ENSURE THEY HAVE THE SUPPORT THEY NEED AS THEY NAVIGATE THE POSTGRADUATE YEARS. EIGHTY PERCENT OF GRADUATES WILL IMMEDIATELY CONTINUE THEIR STUDIES AFTER LEAVING MHS. THE MILTON HERSHEY SCHOOL, THROUGH CES OFFICE STAFF, UTILIZES A COMBINATION OF THE FOLLOWING DOCUMENTS TO VALIDATE SCHOLARSHIP ELIGIBILITY AND COLLEGE COST & FINANCIAL AID DATA: COLLEGE ACADEMIC TRANSCRIPTS/GRADES, A STANDARDIZED COST AND AID ASSESSMENT FORM THAT IS COMPLETED BY THE INSTITUTION'S FINANCIAL AID OFFICE (RELEASE FORM), COLLEGE BILLS, SIGNED COPIES OF LEASES/RENTAL AGREEMENTS, RECEIPTS, DEGREE COMPLETION EVALUATIONS, AND OTHER DOCUMENTATION AS NEEDED.

SCHEDULE I, PART III

GRANTS & ASSISTANCE TO INDIVIDUALS IN THE U.S. THE MILTON HERSHEY SCHOOL OFFERS A CONTINUING EDUCATION SCHOLARSHIP PROGRAM WHERE SCHOLARSHIP CREDITS ARE ACCRUED EACH YEAR OF HIGH SCHOOL. THE MAXIMUM AWARD FOR THE GRADUATING CLASS OF 2023 WILL BE $95,000. THE EARNING OF THE SCHOLARSHIP AWARD IS DEPENDENT ON THE STUDENTS' ANNUAL ACADEMIC PERFORMANCE AND CERTAIN OTHER CONDITIONS. UPON INCEPTION OF THIS PROGRAM, CURRENT HIGH SCHOOL STUDENTS WERE AWARDED THE SCHOLARSHIP CREDIT FOR GRADES PREVIOUSLY COMPLETED. STUDENTS WHO HAD GRADUATED IN OR PRIOR TO THE SPRING OF 2004 WERE NOT AFFECTED BY THE NEW POLICY. SIGNIFICANT ASSUMPTIONS IN DETERMINING THE LIABILITY FOR THIS PROGRAM INCLUDE PARTICIPATION AND DISCOUNT RATES. THE EXPENSE RECOGNIZED FOR THE CONTINUING EDUCATION PROGRAMS DESCRIBED ABOVE WAS $5,103,468 AND $6,788,703 DURING THE YEARS ENDED JULY 31, 2023 AND 2022 RESPECTIVELY, AND IS INCLUDED IN CONTINUING EDUCATION PROGRAMS ON THE STATEMENT OF ACTIVITIES OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST FINANCIAL STATEMENTS. THE AMOUNT REPORTED COVERS THE 694 STUDENTS CURRENTLY RECEIVING CONTINUING EDUCATION SCHOLARSHIPS AS WELL AS THE 890 STUDENTS EARNING CREDITS TOWARD THEIR FUTURE SCHOLARSHIPS. SCHEDULE I, PART III, COLUMN (C): THE AMOUNT REPORTED IN COLUMN C "AMOUNT OF CASH GRANT" CONSISTS OF $7,860,307 OF CASH GRANTS PAID DURING THE YEAR AND ($2,756,839) WHICH REPRESENTS AN DECREASE IN THE TUITION ACCRUAL FOR GRANTS TO BE PAID IN FUTURE YEARS. THE TOTAL OF THESE AMOUNTS IS $5,103,468.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ELLIOTT H ROBINSON
VP ADMINISTRATION	$310,956	$0	$21,333	$0	$14,283	$0	$66,555	$0	$43,311	$0	$456,438	$0	$0	$0
PETER G GURT
PRESIDENT	$463,569	$0	$198,568	$0	$12,973	$0	$66,555	$0	$91,895	$0	$833,560	$0	$0	$0
LISA RASHID
VP - COMMUNICATIONS	$263,492	$0	$0	$0	$2,202	$0	$53,799	$0	$39,349	$0	$358,842	$0	$0	$0
ANNETTE K COLE GILL
HEAD-MIDDLE DIVISION	$235,805	$0	$0	$0	$981	$0	$56,748	$0	$36,292	$0	$329,826	$0	$0	$0
BETH J SHAW
EXEC DIRECTOR- STUDENT SUPPORT	$236,864	$0	$0	$0	$1,516	$0	$36,431	$0	$36,984	$0	$311,795	$0	$0	$0
TIMOTHY C FAKE
SR DIRECTOR IT	$201,804	$0	$0	$0	$824	$0	$31,612	$0	$30,738	$0	$264,978	$0	$0	$0
ANDREW CLARK ESQ
VP Legal/General Counsel	$271,836	$0	$4,031	$0	$2,284	$0	$57,460	$0	$38,649	$0	$374,260	$0	$0	$0
JOHN J OSMOLINSKI
SR DIR CONSTRUCTION/FAC	$186,559	$0	$0	$0	$3,463	$0	$28,666	$0	$30,819	$0	$249,507	$0	$0	$0
FREDA F MARTINE
VP OF EDU AND STUDENT LIFE	$285,488	$0	$22,386	$0	$4,440	$0	$27,800	$0	$35,703	$0	$375,817	$0	$0	$0
WILLIAM H WEBER III
HEAD OF SCHOOL DIVISION	$211,849	$0	$0	$0	$297	$0	$28,134	$0	$31,540	$0	$271,820	$0	$0	$0
M DIANE KOKEN
BOARD OF MANAGERS	$0	$105,000	$0	$0	$0	$0	$0	$160,000	$0	$0	$0	$265,000	$0	$0
STEVEN SPARKS ESQ
SECRETARY UNTIL 7/10/22	$0	$329,204	$0	$12,910	$0	$4,265	$0	$33,093	$0	$25,868	$0	$405,340	$0	$0
TANYA BAYNHAM
VP GRAD PROG FOR SUCC	$190,429	$0	$0	$0	$1,053	$0	$25,304	$0	$36,637	$0	$253,423	$0	$0	$0
JAMES BROWN
BOARD OF MANAGERS	$0	$105,000	$0	$0	$0	$0	$0	$160,000	$0	$0	$0	$265,000	$0	$0
JAMES KATZMAN
BOARD OF MANAGERS	$0	$0	$0	$0	$0	$0	$0	$265,000	$0	$0	$0	$265,000	$0	$0
JEFFERY JOHNSON
VP HUMAN RESOURCES	$248,093	$0	$3,652	$0	$11,410	$0	$53,916	$0	$40,147	$0	$357,218	$0	$0	$0
DENISE L ALSTON DDS
DIR DENTAL SERVICES	$198,609	$0	$0	$0	$272	$0	$22,272	$0	$19,020	$0	$240,173	$0	$0	$0
MATTHEW JACOLIK
INTERIM TREASURER UNTIL 7/19	$0	$136,149	$0	$1,500	$0	$275	$0	$21,669	$0	$26,254	$0	$185,847	$0	$0
ERIN OSEVALA
Deputy General Counsel	$199,067	$0	$0	$0	$187	$0	$16,414	$0	$31,579	$0	$247,247	$0	$0	$0
SEAN CONCANNON
Deputy General Counsel	$201,813	$0	$0	$0	$429	$0	$16,414	$0	$14,700	$0	$233,356	$0	$0	$0
JEFFREY C PERALES
HEAD ELEMENTARY DIVISION	$164,079	$0	$0	$0	$217	$0	$22,310	$0	$37,364	$0	$223,970	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE J, PART I, LINE 1A	FormAndLineReferenceDesc
Explanation	TRAVEL FOR COMPANIONS SPOUSE/DEPENDENT TRAVEL: SPOUSES AND CHILDREN OF BOARD MEMBERS MAY BE INVITED TO ATTEND GRADUATION AND THE ANNUAL BOARD RETREAT AT THE DISCRETION OF THE SCHOOL OR TRUST COMPANY. IF A SPOUSE OR DEPENDENT ACCOMPANIES A BOARD MANAGER/DIRECTOR TO THE ANNUAL RETREAT, ALL CHARGES RELATED TO THE SPOUSE OR CHILD ARE THE RESPONSIBILITY OF THE MANAGER/DIRECTOR. IF A SPOUSE OR DEPENDENT ATTENDS GRADUATION WEEKEND EVENTS, THE COST OF MEALS, LODGING AND TRAVEL WILL BE PAID BY THE TRUST COMPANY AND REPORTED AS TAXABLE INCOME TO THE MANAGER/DIRECTOR. ORDINARILY, TRUST COMPANY STAFF WILL MAKE ALL TRAVEL AND LODGING ARRANGEMENTS. REIMBURSEMENT WILL ONLY BE MADE FOR THE COST OF COACH AIRFARE. ALL REQUESTS FOR EXPENSE REIMBURSEMENT MUST BE ACCOMPANIED BY ORIGINAL RECEIPTS AND MUST BE SUBMITTED WITHIN 60 DAYS OF THE DATE ON WHICH THE EXPENSES WERE INCURRED. ADEQUATE DESCRIPTIONS INCLUDING THE DATE, PURPOSE, AND INDIVIDUALS ENTERTAINED MUST ALSO BE INCLUDED. SCHEDULE J, PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT OF MILTON HERSHEY SCHOOL IS PROVIDED WITH A RESIDENCE ON CAMPUS FOR BOTH PUBLIC AND PERSONAL USE. THE PRESIDENT'S EMPLOYMENT CONTRACT INCLUDES PROVISIONS WHICH REQUIRE HOSTING BOTH INTERNAL AND EXTERNAL EVENTS ON BEHALF OF THE SCHOOL AT THE PROVIDED HOME. THE VALUE OF THESE BENEFITS (FAIR MARKET VALUE OF RENTAL) PLUS OPERATING COSTS ARE NONTAXABLE BENEFITS. SCHEDULE J, PART I, LINE 1A HEALTH CLUB DUES ALL EMPLOYEES OF THE MILTON HERSHEY SCHOOL ARE ELIGIBLE FOR REIMBURSEMENT OF HEALTH CLUB DUES NOT TO EXCEED $240 PER ANNUM FOR A SINGLE MEMBERSHIP AND $360 FOR A FAMILY MEMBERSHIP. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN CERTAIN OFFICERS OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST ARE COMPENSATED BY A RELATED FOR-PROFIT ENTITY AND PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE HERSHEY TRUST COMPANY RETIREMENT SAVINGS EXCESS PLAN IS AN UNFUNDED ARRANGEMENT MAINTAINED PRIMARILY FOR THE PURPOSE OF PROVIDING DEFERRED COMPENSATION FOR A SELECT GROUP OF MANAGEMENT AND/OR HIGHLY COMPENSATED EMPLOYEES. INDIVIDUALS DESIGNATED IN WRITING BY THE PLAN ADMINISTRATOR ARE ELIGIBLE TO REDUCE THEIR SALARY BY UP TO FOUR PERCENT OF BASE SALARY LESS THE AMOUNT CONTRIBUTED TO THE QUALIFIED RETIREMENT PLAN WHICH IS CONTRIBUTED TO A BOOK ENTRY RETIREMENT PLAN. CONTRIBUTIONS ARE MATCHED BY THE EMPLOYER. DEFERRED COMPENSATION REPORTED ON SCHEDULE J INCLUDES BOTH CONTRIBUTIONS. ONE OFFICER DISCLOSED IN SCHEDULE J, PART II WAS A PARTICIPANT IN THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: AMOUNT DISTRIBUTED AMOUNT DEFERRED STEVEN SPARKS ESQ. $0 $2,593 SCHEDULE J REPORTABLE COMPENSATION MR. AND MRS. HERSHEY ORGANIZED THE MILTON HERSHEY SCHOOL ("THE SCHOOL") IN THE FORM OF A TRUST ("SCHOOL TRUST") CREATED UNDER AN ORIGINAL 1909 DEED OF TRUST THAT, AS AMENDED, STILL GOVERNS THE OPERATION OF THE SCHOOL. THE DEED OF TRUST SETS FORTH THE RESPECTIVE POWERS AND AUTHORITIES OF THE TRUSTEE AND MANAGERS OF THE SCHOOL, NAMES THE HERSHEY TRUST COMPANY, A STATE-CHARTERED TRUST COMPANY, AS TRUSTEE FOR COMPENSATION OF NO MORE THAN $1,000 PER YEAR AND PROVIDES FOR THE TRUSTEE TO APPOINT THE INDIVIDUAL MANAGERS OF THE SCHOOL FROM ITS OWN BOARD OF DIRECTORS. THE MANAGERS SUBSEQUENTLY INCORPORATED. THAT CORPORATION, ACTING AS MANAGER UNDER THE DEED OF TRUST, TOGETHER WITH THE SCHOOL TRUST ARE THE COMPONENTS OF THE INTEGRATED TAX-EXEMPT ORGANIZATION, THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST (EIN: 23-1353340). MR. HERSHEY CREATED THE SAME STRUCTURE FOR HIS OTHER CHARITY, THE M.S. HERSHEY FOUNDATION (EIN: 23-6242734). AS A RESULT OF THE STRUCTURE CREATED BY MR. HERSHEY, HERSHEY TRUST COMPANY: (A) SERVES AS TRUSTEE FOR THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST AND (B) SERVES AS TRUSTEE FOR THE M.S. HERSHEY FOUNDATION TRUST. THE COMPENSATION OF BOARD MEMBERS SERVING ON THE BOARDS OF ANY OF THE RELATED FOR-PROFIT ENTITIES (HERSHEY TRUST COMPANY, HERSHEY ENTERTAINMENT & RESORTS COMPANY, AND THE HERSHEY COMPANY) IS COMMENSURATE WITH THEIR RESPONSIBILITIES WITH RESPECT TO THE RELEVANT FOR-PROFIT ENTITY. THE FOLLOWING INFORMATION DETAILS THE COMPENSATION ARRANGEMENTS OF THE BOARD OF MANAGERS WHO ARE COMPENSATED BY RELATED FOR-PROFIT ENTITIES. (SCHEDULE J, PART II, LINE (II)) NONE OF THE COMPENSATION WAS PAID DIRECTLY BY MILTON HERSHEY SCHOOL AND SCHOOL TRUST (EIN 23-1353340). (SCHEDULE J, PART II, LINE (I)). JAN L. BERGEN MS. BERGEN JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN APRIL 2017. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-069215). JAMES BROWN, ESQ. MR. BROWN JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN FEBRUARY 2016. MR. BROWN JOINED THE HERSHEY COMPANY BOARD ON MAY 3, 2017. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, THE HERSHEY COMPANY (EIN 23-0691590). MICHELA ENGLISH MS. ENGLISH JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN JANUARY 2018. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-069215). MELISSA L. FULLMORE MS. FULLMORE JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN APRIL 2017. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-069215). DAN KATZIR MR. KATZIR JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN JANUARY 2019. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-0692150). JAMES KATZMAN MR. KATZMAN JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN APRIL 2017 AND THE BOARD OF THE HERSHEY COMPANY IN MAY 2018. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, THE HERSHEY COMPANY (EIN 23-0691590). M. DIANE KOKEN MS. KOKEN JOINED THE BOARD OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN DECEMBER 2015. MS. KOKEN JOINED THE BOARD OF THE M.S. HERSHEY FOUNDATION IN JANUARY 2016. MS. KOKEN JOINED THE HERSHEY COMPANY BOARD ON MAY 3, 2017. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, THE HERSHEY COMPANY (EIN 23-0691590). MARIA KRAUS MS. KRAUS JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN JANUARY 2018. MS. KRAUS JOINED THE BOARD OF THE M.S. HERSHEY FOUNDATION IN APRIL 2018. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-0691590). AMY MARSH MS. MARSH JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN JANUARY 2019. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-0692150). CORDEL ROBBIN-COKER MR. ROBBIN-COKER JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN JANUARY 2019. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-0692150). MR. ROBBIN-COKER WAS ELECTED AS TREASURER FOR MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN SEPTEMBER 2020. HE DOES NOT RECEIVE ANY COMPENSATION FOR THIS OFFICER POSITION. DAVID SALTZMAN MR. SALTZMAN JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN DECEMBER 2014. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM THE RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-0692150). THE FOLLOWING INFORMATION DETAILS THE COMPENSATION ARRANGEMENTS OF CERTAIN OFFICERS AND KEY EMPLOYEES OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST. THEY ARE COMPENSATED BY RELATED FOR-PROFIT ENTITIES. THEIR COMPENSATION IS ESTABLISHED BASED UPON DATA PROVIDED BY INDEPENDENT COMPENSATION CONSULTANTS. THIS PROCESS IS BASED ON POSITION COMPARABLES TAKING INTO ACCOUNT RESPONSIBILITIES AND DUTIES, AUTHORITY, AND OBJECTIVES. NONE OF THEIR COMPENSATION, EMPLOYEE BENEFIT CONTRIBUTIONS, OR NON-TAXABLE BENEFITS WAS PAID DIRECTLY BY THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST DURING THE REPORTING PERIOD. CAROL DANZ MS. DANZ WAS APPOINTED ASSISTANT SECRETARY OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY (EIN: 23-0692150) IN JULY 2019. SHE ALSO SERVES AS MANAGER OF LEGAL AFFAIRS OF HERSHEY TRUST COMPANY. A PORTION OF HER 2022 COMPENSATION AND BENEFITS REPORTED BY HERSHEY TRUST COMPANY WAS REIMBURSED BY MILTON HERSHEY SCHOOL. MATTHEW JACOLIK MR. JACOLIK WAS APPOINTED INTERIM TREASURER OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY (EIN: 23-0692150) FROM APRIL 2019 TO JULY 2019. HE ALSO SERVES AS CONTROLLER OF HERSHEY TRUST COMPANY. NONE OF HIS COMPENSATION, EMPLOYEE BENEFIT CONTRIBUTIONS, OR NON-TAXABLE BENEFITS WAS PAID BY MILTON HERSHEY SCHOOL AND SCHOOL TRUST. STEVEN SPARKS MR. SPARKS WAS APPOINTED SECRETA	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

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FORM 990, PART I, LINE 1 AND FORM 990, PART III, LINE 1	MILTON HERSHEY SCHOOL AND SCHOOL TRUST MISSION SINCE 1909, MILTON HERSHEY SCHOOL (MHS) HAS TRANSFORMED THE LIVES OF CHILDREN IN NEED. WHEN THE FAMOUS CHOCOLATIER MILTON S. HERSHEY AND HIS WIFE, CATHERINE, SIGNED THE DEED OF TRUST, THEIR INTENTIONS WERE CLEAR: TO CREATE A HOME AND SCHOOL WHERE OPPORTUNITY AND HARD WORK MEET. MORE THAN 114 YEARS LATER, THIS INTENTION STILL RINGS TRUE. TODAY, MHS IS ONE OF THE WORLD'S BEST PRIVATE SCHOOLS, WHERE QUALIFYING STUDENTS IN PRE-K THROUGH 12TH GRADE LIVE ON CAMPUS AND RECEIVE AN EXCEPTIONAL EDUCATIONAL EXPERIENCE-WITH ALL COSTS COVERED. FOR THE LAST SEVERAL SCHOOL YEARS, MHS ADAPTED ITS PROGRAM AND WORK STYLE TO ENSURE THE ENTIRE SCHOOL COMMUNITY WAS SAFE DURING THE CONSTANT UNPREDICTABILITY OF A PANDEMIC. DURING THE 2022-2023 SCHOOL YEAR, MHS SEIZED THE OPPORTUNITY TO GET BACK TO THE BASICS AND RESET EXPECTATIONS-ALL WITH THE INTENTION OF WINNING EACH DAY WITH A POSITIVE ATTITUDE AND STRONG WORK ETHIC. THIS LED TO TRANSFORMATIONAL CHANGE ACROSS CAMPUS. GUIDED BY A DEED OF TRUST FRAMEWORK, STUDENTS WERE ABLE TO TIE EXPECTATIONS AND OUTCOMES TO THE FOUNDERS' VISION FOR THEIR HOME AND SCHOOL. THROUGH THIS MODEL, STUDENTS GREW THEIR CHARACTER AND LEADERSHIP SKILLS AND FOUND NEW PURPOSE AND CONNECTION THROUGH COMMUNITY SERVICE PROJECTS FOCUSED ON SCHOOL, COUNTRY, AND GOD. IN KEEPING WITH ITS GROWTH MINDSET AND FIVE-YEAR STRATEGIC PLAN-CALLED THE MILT PLAN-MHS REACHED ITS LARGEST ENROLLMENT SINCE 2019-WELCOMING 443 NEW STUDENTS AND HITTING A PEAK SCHOOL YEAR ENROLLMENT OF 2,020 IN JANUARY 2023. THE SCHOOL GRADUATED 218 SENIORS-BRINGING THE TOTAL NUMBER OF MHS ALUMNI TO 11,655. MHS COMPLETED RENOVATIONS TO FOUNDERS HALL, EXPANDED CAREER-FOCUSED EDUCATION OPPORTUNITIES, AND GREW ITS CONNECTIONS WITH COMMUNITY PARTNERS AND HERSHEY ENTITIES-COMPANIES ALSO FOUNDED BY MR. HERSHEY. TO BUILD OUT THE MILESTONES FROM THE PREVIOUS TWO YEARS OF THE MILT PLAN, 2022-2023 ALSO BROUGHT SIGNIFICANT PROGRESS WITH CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING (CHS) AND THE EVOLUATION OF THE CAREER AND TECHNICAL EDUCATION (CTE) PROGRAM AT MHS. CHS-THE $350-MILLION INITIATIVE THAT WILL EDUCATE HUNDREDS OF PENNSYLVANIA CHILDREN AT NO COST TO THEIR FAMILIES-OPENED THE FIRST CENTER IN HERSHEY IN OCTOBER 2023 WHILE BREAKING GROUND ON A CENTER IN HARRISBURG. AS WITH EACH CHS LOCATION, THE 47,000-SQUARE-FOOT HARRISBURG BUILDING WILL FEATURE AN INNOVATION STUDIO, STEM GARDEN, AND FAMILY SUCCESS CENTER. IN ADDITION TO OFFERING A CURRICULUM DESIGNED TO ENHANCE STUDENTS' EDUCATIONAL, SOCIAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT, CHS HARRISBURG WILL PROVIDE STUDENTS WITH NUTRITIOUS MEALS, TRANSPORTATION, AND OTHER NEEDED SUPPLIES. EACH CHS FAMILY WILL HAVE A DEDICATED STAFF MEMBER TO CONNECT THEM TO HOUSING SERVICES, HEALTH CARE REFERRALS, AND JOB TRAINING. CHS ALSO ANNOUNCED AN EXPANSION INTO LANCASTER COUNTY THAT WILL CREATE THREE CENTERS-ONE IN LANCASTER CITY, NEW DANVILLE, AND ELIZABETHTOWN. THE LANCASTER COUNTY CHS CENTERS ARE EXPECTED TO BEGIN OPENING IN 2026. MEANWHILE, CHS HARRISBURG IS ANTICIPATED TO OPEN IN 2024; CHS MIDDLETOWN IN 2025; AND CHS HERSHEY IN OCTOBER 2023. AS PART OF ONGOING EFFORTS TO ENSURE STUDENTS GRADUATE FROM MHS AND GO ON TO LIVE FULFILLING AND PRODUCTIVE LIVES, THE CTE PROGRAM EVOLVED TO HELP MEET THE HIRING NEEDS OF IN-DEMAND, FAMILY-SUSTAINING CAREERS. THE NEWLY CONSTRUCTED D. MICHAEL WELLER TRADES CENTER WAS DEDICATED IN APRIL 2023. IT PROVIDES SPACE AND RESOURCES FOR STUDENTS IN THE MHS CONSTRUCTION/CARPENTRY CAREER PATHWAY. DURING THE 2022-23 SCHOOL YEAR, STUDENTS IN THE PATHWAY BUILT A TINY HOUSE IN THE TRADES CENTER WHICH IS NOW AVAILABLE TO RENT AT HERSHEYPARK CAMPING RESORT. STUDENTS LIVE AT MHS AS PART OF THE HOME LIFE RESIDENTIAL PROGRAM. EACH STUDENT HAS A SAFE AND SUPPORTIVE ENVIRONMENT TO CALL HOME UNDER THE WATCHFUL CARE, SUPERVISION, AND SUPPORT OF A MARRIED HOUSEPARENT COUPLE. THESE EXPERIENCED AND TRAINED ADULTS CARE FOR EIGHT-12 STUDENTS OF SIMILAR AGES AND THE SAME GENDER IN ONE OF APPROXIMATELY 190 STUDENT HOMES ACROSS CAMPUS. WHEN STUDENTS REACH THEIR SENIOR YEAR, THEY PARTICIPATE IN THE TRANSITIONAL LIVING PROGRAM, WHICH PREPARES THEM FOR LIFE AFTER GRADUATION. THE SENIORS LIVE IN ONE OF 10 APARTMENT-STYLE RESIDENCES ON CAMPUS UNDER THE GUIDANCE AND SUPERVISION OF FULL-TIME ADULT, LIVE-IN STAFF. THIS COLLEGE/DORMITORY LIFESTYLE AND THE ACCOMPANYING RESPONSIBILITIES HELP BUILD STUDENTS' CONFIDENCE IN LIVING INDEPENDENTLY AND FACING OTHER CHALLENGES THEY MAY ENCOUNTER AFTER HIGH SCHOOL. STUDENTS LEARN SKILLS FROM PERSONAL FINANCE AND SAFETY TO HEALTHY SLEEPING AND EATING HABITS IN THE TRANSITIONAL LIVING CURRICULUM. AT MHS, THE APPROACH TO CARE IS CENTERED AROUND THE IDEA THAT CHILDREN MUST FIRST HAVE THEIR ESSENTIAL NEEDS MET BEFORE THEY CAN FOCUS ON AND SUCCEED AT ANYTHING ELSE. AS PART OF THE SCHOOL'S ONGOING WRAPAROUND SERVICES AND RESOURCES, STUDENTS NOT ONLY RECEIVE HIGH-QUALITY LEARNING EXPERIENCES AND DEVELOPMENT OPPORTUNITIES, BUT ALSO PERSONALIZED MEDICAL AND BEHAVIORAL CARE, AS WELL AS DENTAL AND VISION SERVICES, FOOD, CLOTHING, AND A NURTURING HOME LIFE. BECAUSE MHS SERVES LOW-INCOME STUDENTS, MOST OBSTACLES STUDENTS FACE STEM FROM POVERTY-RELATED ISSUES. POVERTY MAKES THEM MORE LIKELY TO BE IMPACTED BY A VARIETY OF ADVERSE CHILDHOOD EXPERIENCES (ACES)-TRAUMATIC EVENTS CHILDREN EXPERIENCE BEFORE THE AGE OF 18. IN THE 2022-2023 SCHOOL YEAR, MORE THAN HALF OF NEW STUDENTS ENROLLED EXPERIENCED THREE OR MORE ACES AND NINETY-FOUR PERCENT EXPERIENCED ONE OR MORE STRESSORS. TO HELP ADDRESS THESE REALITIES, THE SCHOOL'S WHOLE CHILD APPROACH PROVIDES EVERY STUDENT WITH EXCEPTIONAL CARE IN A SAFE AND NURTURING ENVIRONMENT SO THEY CAN BE KIDS. STUDENTS RECEIVE SUPPORT WITH ALL COSTS COVERED-THIS INCLUDES MEDICAL AND DENTAL CARE, FOOD, CLOTHING, SHELTER, AND PSYCHOLOGICAL, BEHAVIORAL, AND SOCIAL WORK SERVICES, AS WELL AS ACCESS TO EXTRACURRICULAR ACTIVITIES AND RESOURCES THAT ALLOW THEM TO EXPLORE THEIR PASSIONS. THIS WRAPAROUND CARE AND SUPPORT HELPS THEM COPE WITH AND REDUCE THE NEGATIVE EFFECTS OF ACES-PUTTING THEM ON A PATH TO REACH THEIR PERSONAL GOALS AND BREAK THE CYCLE OF POVERTY. THE GRADUATING CLASS OF 2023 EARNED 1,307 COLLEGE CREDITS; 158 STUDENTS COMPLETED AN INTERNSHIP, CO-OP, OR PRE-APPRENTICESHIP PROGRAM, AND EIGHTY-THREE PERCENT ARE PURSUING POSTSECONDARY EDUCATION. WHILE THESE STUDENTS HAVE LEFT CAMPUS, SUPPORT FOR THEM IS ONGOING. MHS ASSIGNS SPECIALISTS TO NEW GRADUATES TO HELP THEM NAVIGATE THEIR POST-HIGH-SCHOOL TRANSITIONS. THESE SPECIALISTS EVEN VISIT OUR ALUMNI ON COLLEGE CAMPUSES TO KEEP THEM ON THE PATH TO ACCOMPLISHING THEIR SHORT- AND LONG-TERM GOALS. THE LEVEL OF COLLEGE-RELATED FUNDING THE SCHOOL OFFERS ITS STUDENTS IS GREATER THAN THAT OF PEER SCHOOLS AND SCHOLARSHIP PROVIDERS. MHS AIMS TO COVER THE MAJORITY, IF NOT ALL, OF ITS GRADUATES' POSTSECONDARY EDUCATION EXPENSES, INCLUDING TUITION, FEES, BOOKS, AND ROOM AND BOARD.
FORM 990, PART I, LINE 1 AND FORM 990, PART III, LINE 1 (CONT.)	FORM OF ORGANIZATION MILTON HERSHEY SCHOOL AND SCHOOL TRUST IS AN INTEGRATED TAX-EXEMPT ORGANIZATION COMPOSED OF BOTH THE NOT-FOR-PROFIT CORPORATION, MILTON HERSHEY SCHOOL, ACTING AS "MANAGERS" UNDER THE DEED OF TRUST, AND THE SCHOOL TRUST ITSELF. THIS INFORMATIONAL RETURN IS REQUIRED TO INCLUDE THE EXPENSES OF THE ORGANIZATION AS A WHOLE, WITH DETAIL AS REQUIRED BY THE FORM INSTRUCTIONS. AS A RESULT, THIS RETURN INCLUDES ALL EXPENSES OF SERVING THE STUDENTS ENROLLED IN THE SCHOOL AND SCHOLARSHIP COSTS FOR ALUMNI PURSUING CONTINUING EDUCATION, AS WELL AS THE COSTS ASSOCIATED WITH ADMINISTERING THE INVESTMENTS HELD IN THE SCHOOL TRUST.
FORM 990, PART I, LINE 5	THIS FIGURE INCLUDES W-2 FORMS FILED WITHIN THE TAX YEAR: ALL ANCILLARY ROLES, PART-TIME INTERNSHIPS AND WORK EXPERIENCE FOR STUDENTS ON CAMPUS, POSITIONS WHICH HAVE BEEN VACATED AND FILLED BY ANOTHER INDIVIDUAL WITHIN THE YEAR, AND ONE-TIME EVENT WORKERS, FOR EXAMPLE. MILTON HERSHEY SCHOOL EMPLOYS APPROXIMATELY 1,550 FULL-TIME STAFF.
FORM 990, PART III	PROGRAM SERVICE ACCOMPLISHMENTS MILTON HERSHEY SCHOOL SEEKS TO NURTURE AND EDUCATE THE WHOLE CHILD, WHICH MEANS THE SCHOOL PROVIDES FOR EACH CHILD IN A COMPREHENSIVE MANNER - COVERING THE EXPENSES OF, BUT NOT LIMITED TO THE FOLLOWING: - THE EDUCATION OF STUDENTS IN STATE-OF-THE-ART CLASSROOMS WITH SMALL CLASS SIZES AVERAGING 15 STUDENTS PER CLASSROOM - THE PHYSICAL, MEDICAL, DENTAL, AND PSYCHOLOGICAL CARE OF ALL STUDENTS - CLOTHING, FOOD, AND ROOM AND BOARD - CAREER AND TECHNICAL TRAINING, COLLEGE COURSES BEFORE GRADUATION, VISUAL AND PERFORMING ARTS, MUSICAL INSTRUCTION, ATHLETIC PROGRAMS AND CAMPS, AND AGRICULTURAL AND ENVIRONMENTAL EDUCATION OFTEN NEW STUDENTS WHO ENROLL AT THE SCHOOL HAVE FALLEN AT LEAST ONE OR TWO GRADE LEVELS BEHIND BECAUSE OF FACTORS RELATED TO POVERTY, SUCH AS HOMELESSNESS, FAMILY DRUG AND ALCOHOL ADDICTION, MENTAL ILLNESS, OR NEIGHBORHOOD VIOLENCE. AT MILTON HERSHEY SCHOOL, STUDENTS ARE GIVEN PSYCHOLOGICAL AND EMOTIONAL SUPPORT WHEN NEEDED. MORE THAN HALF OF ALL NEW STUDENTS ENROLLED DURING THE 2022-2023 SCHOOL YEAR EXPERIENCED THREE OR MORE ADVERSE CHILDHOOD EXPERIENCES (ACES), AND NINETY-FOUR PERCENT EXPERIENCED ONE OR MORE STRESSORS. DESPITE THESE CHALLENGES, MILTON HERSHEY SCHOOL STUDENTS ARE RESILIENT AND HAVE HIGH POTENTIAL FOR SUCCESS IN THE SCHOOL'S UNIQUE NURTURING ENVIRONMENT. IN ADDITION TO HOUSING, FOOD, AND CLOTHING, EACH STUDENT RECEIVES REGULAR MEDICAL, VISION, AND DENTAL CHECKUPS FROM THE SCHOOL, AS WELL AS ANY NECESSARY HEALTH SERVICE OR MEDICATION. DURING SCHOOL YEAR 2022-2023, THERE WERE 25,467 NURSE AND PEDIATRICIAN VISITS IN SCHOOL CLINICS AND IN MHS HEALTH CENTER TREATMENT ROOMS, IN ADDITION TO 53,000 DENTAL PROCEDURES PERFORMED ON STUDENTS. A STRONG FOCUS ON CAREER AND TECHNICAL EDUCATION, JOB SHADOWING, AND HANDS-ON LEARNING THROUGH INTERNSHIPS, CO-OPS, AND PRE-APPRENTICESHIPS HELPS TO PREPARE STUDENTS FOR LIFE BEYOND MILTON HERSHEY SCHOOL. STUDENTS IN ALL GRADE LEVELS, INCLUDING ELEMENTARY STUDENTS, ARE EXPOSED TO AGE- AND GRADE-APPROPRIATE CAREER AND TECHNICAL EDUCATION. YOUNG LEARNERS START WITH HANDS-ON ACTIVITIES AND GUEST SPEAKERS WHILE HIGH SCHOOL STUDENTS COMPLETE INTERNSHIPS AND ACCREDITED INDUSTRY CERTIFICATIONS. THERE ARE CURRENTLY 12 CAREER PATHWAYS THAT STUDENTS ARE ABLE TO PURSUE, INCLUDING: BUSINESS/FINANCIAL MANAGEMENT & ACCOUNTING; LAW, PUBLIC SAFETY, & SECURITY; COMPUTER SCIENCE & INNOVATION; AGRICULTURE & NATURAL RESOURCES; AND EDUCATION & HUMAN SERVICES. ------------------- THIS TUITION-FREE, COMPREHENSIVE PROGRAM, INCLUDING PHYSICAL CARE AS WELL AS EDUCATIONAL PROGRAMMING IN ACADEMIC, HOME LIFE, AND COMMUNITY/CAREER SETTINGS, HAS AN ANNUAL COST OF: TOTAL PROGRAM EXPENSES: 277,835,440 LESS: LINE 22 DEPRECIATION (41,936,407) LINE 2 GRANTS (5,103,468) -------------- TOTAL EXPENSES 230,795,565 TOTAL NUMBER OF STUDENTS: 2,020 GAAP COST PER STUDENT - TOTAL EXPENSES (PART IX LINE 25) $369,033,710 (TOTAL EXPENSES/2,020) = $182,690 TOTAL ANNUAL COST PER STUDENT- SCHOOL AND TRUST TOTAL PROGRAM EXPENSES LESS DEPRECIATION (PART IX LINE 22) AND CES GRANTS (PART IX LINE 2) $230,795,565 (TOTAL EXPENSES)/2,020 (TOTAL NUMBER OF STUDENTS) = $114,255 MHS DIRECT COST PER STUDENT - SCHOOL ONLY A PREMIER BOARDING SCHOOL LIKE MILTON HERSHEY SCHOOL, THE ANNUAL INVESTMENT OF MORE THAN $115,000 PER STUDENT INCLUDES HOLISTIC CARE, EDUCATION RESOURCES, GRADUATE PROGRAMS, AND MORE. MILTON HERSHEY SCHOOL ASSUMES THE COST FOR MEDICAL, PSYCHOLOGICAL, DENTAL, ORTHODONTIC, SOCIAL WORK, AND PRESCRIPTION CARE FOR EACH STUDENT. COSTS AT MOST PRIVATE COLLEGES ALSO EXCEED THIS FIGURE.
FORM 990, PART VI, SECTION A, LINE 2	FAMILY/BUSINESS RELATIONSHIP SEVERAL OF THE BOARD OF MANAGERS MEMBERS AND OFFICERS OF THE FILING ORGANIZATION ALSO SERVE AS DIRECTORS AND OFFICERS OF BUSINESS ENTITIES THAT ARE RELATED TO THIS FILING ORGANIZATION. OTHER THAN THEIR OVERLAPPING SERVICE ON RELATED COMPANY BOARDS, THEY HAVE NO FAMILY OR BUSINESS RELATIONSHIPS WITH EACH OTHER. PLEASE SEE FORM 990, SCHEDULES J AND R FOR FURTHER INFORMATION.
FORM 990, PART VI, SECTION A, LINE 7A	ELECTION OF MEMBERS OF GOVERNING BODY MR. AND MRS. HERSHEY ORGANIZED THE SCHOOL THROUGH THE SCHOOL TRUST ("THE SCHOOL TRUST"), CREATED UNDER THE ORIGINAL 1909 DEED OF TRUST THAT, AS AMENDED, STILL GOVERNS THE OPERATION OF THE SCHOOL. THE DEED OF TRUST SETS FORTH THE RESPECTIVE POWERS AND AUTHORITIES OF THE TRUSTEE AND MANAGERS OF THE SCHOOL AND NAMES THE HERSHEY TRUST COMPANY ("HTC"), A STATE CHARTERED TRUST COMPANY, AS TRUSTEE FOR COMPENSATION OF NO MORE THAN $1,000 PER YEAR. UNDER THE DEED OF TRUST, THE TRUSTEE IS DIRECTED TO HOLD TITLE TO ALL SCHOOL PROPERTY AND ALL INVESTMENTS AND ASSETS THAT SUPPORT THE SCHOOL. THE MANAGERS, IN TURN, ARE NOT PERMITTED TO HOLD SCHOOL TRUST ASSETS; BUT, ARE OTHERWISE GENERALLY RESPONSIBLE FOR MANAGING THE SCHOOL, INCLUDING WITH RESPECT TO ADMISSIONS, THE PROGRAM OF EDUCATING AND FULL-TIME CARE OF THE CHILDREN, AND EMPLOYMENT DECISIONS. AS REQUIRED UNDER THE DEED OF TRUST, THE MEMBERS OF THE BOARD OF MANAGERS OF THE MILTON HERSHEY SCHOOL ARE APPOINTED BY THE TRUSTEE FROM AMONG THE TRUSTEES OWN BOARD OF DIRECTORS. SINCE MR. HERSHEY'S DEATH IN 1945, ALL OF THE STOCK OF HTC HAS BEEN OWNED BY THE MILTON HERSHEY SCHOOL TRUST. FOURTEEN INDIVIDUALS (AS OF 7/31/23) SERVE ON THE BOARD OF DIRECTORS OF HTC AND THE BOARD OF MANAGERS OF THE MILTON HERSHEY SCHOOL. THREE OF THESE BOARD MEMBERS WERE ADDED IN JANUARY 2023.
FORM 990, PART VI, SECTION B, LINE 11	FORM 990 REVIEW PROCESS THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND INDEPENDENT TAX ADVISOR, WHO SIGNS THE RETURN AS THE "PAID PREPARER." THE AUDIT COMMITTEE OF THE BOARD OF MANAGERS AND THE TRUSTEE REVIEWS AND DISCUSSES THE FORM 990 AT ONE OF ITS MEETINGS PRIOR TO FILING THE RETURN WITH THE IRS. ADDITIONALLY, THE FORM 990 IS PROVIDED TO THE FULL BOARD OF MANAGERS, NOTING KEY DISCLOSURES, PRIOR TO THE FILING OF THE FORM 990 WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST THE BOARD OF MANAGERS OF MILTON HERSHEY SCHOOL OPERATES UNDER A CONFLICT OF INTEREST POLICY WHICH REQUIRES DIRECTORS TO DISCLOSE "ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST" WITH MILTON HERSHEY SCHOOL AND SCHOOL TRUST OR HERSHEY TRUST COMPANY. THE CONFLICTS POLICY CANNOT BE MODIFIED OR AMENDED WITHOUT THE PRIOR WRITTEN APPROVAL OF THE PENNSYLVANIA OFFICE OF ATTORNEY GENERAL ("PA OAG"). THE MILTON HERSHEY SCHOOL'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL SCHOOL EMPLOYEES AND REQUIRES THE SCHOOL'S OFFICERS, MANAGERS, AND SUPERVISORS TO RESPOND ANNUALLY TO A CONFLICT DISCLOSURE SURVEY. ALL DISCLOSED CONFLICTS ARE REVIEWED BY THE SCHOOL'S CONFLICT OF INTEREST COMMITTEE AND ANY CORRECTIVE ACTION REQUIRED AS A RESULT OF THE DISCLOSED CONFLICT IS ADDRESSED WITH THE EMPLOYEE WHO MADE THE DISCLOSURE AND THEIR SUPERVISOR. THE CONFLICT OF INTEREST POLICY COVERING OFFICERS AND OTHER KEY EMPLOYEES OF HERSHEY TRUST COMPANY, TRUSTEE FOR MILTON HERSHEY SCHOOL AND SCHOOL TRUST, IS DOCUMENTED IN HERSHEY TRUST COMPANY'S ETHICAL STANDARDS, CONFLICT OF INTEREST, AND CODE OF CONDUCT SECTIONS OF ITS POLICY MANUALS. EACH MANAGER, DIRECTOR, OFFICER, AND KEY EMPLOYEE IS REQUIRED TO AVOID ALL ACTIVITY THAT COULD CREATE A CONFLICT OF INTEREST OR EVEN GIVE AN APPEARANCE OF A CONFLICT OF INTEREST. ANY CONFLICTS OF INTEREST ARE TO BE REPORTED AS SOON AS PRACTICAL AFTER THEY BECOME AWARE OF SUCH A CONFLICT. ANNUALLY, EACH MANAGER, DIRECTOR, OFFICER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AN ANNUAL STATEMENT OF DISCLOSURE. THE FORMS IDENTIFY VENDORS, INVESTMENTS, OTHER BOARD MEMBERSHIPS, AND FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE STATEMENTS ARE REVIEWED BY THE GENERAL COUNSEL OF HERSHEY TRUST COMPANY, ALONG WITH THE CHAIR OF THE NOMINATING & GOVERNANCE COMMITTEE IN ORDER FOR THEM TO BE AWARE OF ACTIVITIES THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE RESULTS OF THIS REVIEW ARE THEN DOCUMENTED AND SHARED WITH THE NOMINATING & GOVERNANCE COMMITTEE AND THEN THE FULL BOARD.
FORM 990, PART VI, SECTION B, LINES 15A AND 15B	COMPENSATION PROCESS AN INDEPENDENT COMPENSATION CONSULTANT EVALUATES AND COMPARES THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF MILTON HERSHEY SCHOOL TO SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS TO DETERMINE THAT IT IS FAIR AND REASONABLE. THIS PROCESS OCCURS AT REGULAR INTERVALS THEREAFTER, BUT NOT LESS FREQUENTLY THAN EVERY FIVE YEARS. THE COMPENSATION INFORMATION IS REVIEWED AND APPROVED BY THE BOARD OF MANAGERS, THE GOVERNING BODY OF THE MILTON HERSHEY SCHOOL, WHO DO NOT HAVE ANY CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS OF THE OFFICERS AND KEY EMPLOYEES. THE REVIEW OF THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES, INCLUDING DETAIL ON THE DELIBERATIONS AND DECISIONS, IS CONTEMPORANEOUSLY DOCUMENTED WITHIN THE MINUTES FROM THE BOARD MEETING. A FILE WITH POSITION DESCRIPTIONS, RESUMES OF OFFICERS AND KEY EMPLOYEES, THE REPORT OF THE INDEPENDENT COMPENSATION CONSULTANT AND A COPY OF THE APPLICABLE BOARD MINUTES IS MAINTAINED BY THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST. THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF HERSHEY TRUST COMPANY, TRUSTEE OF THE SCHOOL TRUST, IS DETERMINED BY PERIODIC REVIEW (GENERALLY, AT LEAST EVERY THREE YEARS) BY THIRD PARTY COMPENSATION CONSULTANTS TO DETERMINE IT IS FAIR AND REASONABLE. THE MEMBERS OF THE BOARD OF MANAGERS OF MILTON HERSHEY SCHOOL DO NOT RECEIVE ANY DIRECT COMPENSATION FROM MILTON HERSHEY SCHOOL. THE MANAGERS RECEIVE COMPENSATION FROM HERSHEY TRUST COMPANY AS DIRECTORS OF THE HERSHEY TRUST COMPANY IN ACCORDANCE WITH ITS BYLAWS AND THE PENNSYLVANIA OFFICE OF ATTORNEY GENERAL AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 17	STATE FILING OF FORM 990 THE FORM 990 IS NOT REQUIRED TO BE FILED IN THE STATE OF PENNSYLVANIA; HOWEVER, A COPY IS PROVIDED TO THE PENNSYLVANIA OFFICE OF THE ATTORNEY GENERAL FOR THEIR REVIEW.
FORM 990, PART VI, SECTION C, LINE 19	PUBLIC AVAILABILITY OF GOVERNING DOCUMENTS COPIES OF THE DEED OF TRUST WHICH ESTABLISHES THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST, AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON THE MILTON HERSHEY SCHOOL WEBSITE. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST HAS ITS FORM 990 POSTED ON ANOTHER WEBSITE, GUIDESTAR. INCLUDED IN THE 990 ARE CERTAIN FINANCIAL STATEMENT COMPONENTS FOR REVIEW. THE FORM 990 AND TAX EXEMPTION LETTER ARE PROVIDED TO ANYONE WHO REQUESTS THEM IN ACCORDANCE WITH IRS REGULATIONS.
FORM 990, PART VII, SECTION B	HERSHEY TRUST COMPANY IS LISTED AS AN INDEPENDENT CONTRACTOR. MILTON HERSHEY SCHOOL REIMBURSES HERSHEY TRUST COMPANY FOR THE SHARED SERVICES (COMPENSATION AND BENEFITS) OF CERTAIN INDIVIDUALS WHO PERFORM SERVICES FOR BOTH HERSHEY TRUST COMPANY AND MILTON HERSHEY SCHOOL. THE SCHOOL TRUST REIMBURSES HERSHEY TRUST COMPANY FOR INVESTMENT SERVICES.
FORM 990, PART IX, LINE 11G	OTHER FEES FOR SERVICE THIS AMOUNT IS FOR HOSPITAL, MEDICAL, AND DENTAL SERVICES PROVIDED FOR THE STUDENTS.
FORM 990, PART XI, LINE 9	RECONCILIATION OF NET ASSETS INCREASE IN UNRECOGNIZED PENSION SERVICE COST $16,676,417 CAPITAL CONTRIBUTION TO CHS (56,658,009) ________________ OTHER CHANGES IN NET ASSETS $(39,981,592)

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
MHST CORPUS LLC
PO BOX 445	HERSHEY	PA	17033	271451942	RE RENTAL	PA	$0	$0	MHS TRUST
MHST INCOME LLC
PO BOX 445	HERSHEY	PA	17033	271451914	RE RENTAL	PA	$0	$0	MHS TRUST
EATON VANCE TRUST CO HIGH YIELD CTF
TWO INTERNATIONAL PLACE	BOSTON	MA	02210	320399219	INVESTMENTS	MA	$9,264,470	$258,440,356	MHS TRUST

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd
THE MS HERSHEY FOUNDATION
PO BOX 445	HERSHEY	PA	17033	236242734	EDUCATION	PA	501(c)(3)	10	HTC TRUSTEE	false
THE WILLIAM E DEARDEN ALUMNI CAMPUS INC
PO BOX 830	HERSHEY	PA	17033	202579678	SVCS TO ALUM	PA	501(c)(3)	7	NA	false
HERSHEY CEMETERY COMPANY
PO BOX 445	HERSHEY	PA	17033	231973529	CEMETERY	PA	501(c)(13)	N/A	NA	false
Hershey Cemetery Perpetual Maintenance
PO Box 445	Hershey	PA	17033	236629638	Cemetery	PA	501(c)(13)	N/A	HTC Trustee	false
CATHERINE HERSHEY SCH FOR EARLY LEARNING
1840 Fishburn Rd	HERSHEY	PA	17033	854322274	EDUCATION	PA	501(C)(3)	2	MHSST	Yes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	UBI Code VUBICodeVAmt	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
Franklin Templeton Emerging Mkt Debt Opp
PO Box 7777	San Mateo	CA	94403	263995499	INVESTMENTS	CA	MHS Trust	Excluded from Tax	$11,263,341	$123,100,973	false	$0	false	1.00000
Sands Capital Intl Growth Feeder
1000 Wilson Blvd Suite 3000	Arlington	VA	22209	842447062	INVESTMENTS	VA	MHS Trust	Excluded from Tax	-$5,190,194	$31,905,494	false	$0	false	1.00000
CHURCHILL MIDDLE MARKET SENIOR LOAN
				850547286	INVESTMENTS		MHS TRUST	Excluded from Tax	$3,824,778	$0	false	$0	false	0.00000	MAPLES CORP FUND LTD PO BOX 309	UGLAND HOUSE	GR	CJ	KY1-1104	CJ

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd
HERSHEY TRUST COMPANY
PO BOX 445	HERSHEY	PA	17033	230692150	STATE TRUST CO	PA	HTC TRUSTEE	C CORP	$11,755,007	$52,834,782	1.00000	Yes (true)
HERSHEY ENTERTAINMENT & RESORTS CO
27 W CHOCOLATE	HERSHEY	PA	17033	230691815	ENTERTAINMENT	PA	HTC TRUSTEE	C CORP	$338,619,762	$409,942,627	1.00000	Yes (true)
THE HERSHEY CO
19 E CHOCOLATE AVENUE	HERSHEY	PA	17033	230691590	CONFECTIONARY	PA	HTC TRUSTEE	C CORP	$1,565,024,505	$3,060,515,346	0.79830	Yes (true)
MILTON HERSHEY SCHOOL BLK TRUST
BLACKROCK INST TR TTE 400 HOWARD S	SAN FRANCISCO	CA	94105	306349039	INVESTMENTS	CA	MHS TRUST	TRUST	$39,770,127	$1,183,679,920	1.00000	Yes (true)
HERSHEY WEST END LAND CONDO ASSOC INC
100 EAST MANSION ROAD	HERSHEY	PA	17033	462294247	CONDO ASSOCIA	PA	HTC TRUSTEE	C corp	-$1,985	$5,591	1.00000	Yes (true)
THE ORCHARD AT HERSHEY CONDO ASSOC INC
100 EAST MANSION ROAD	HERSHEY	PA	17033	462295692	INACTIVE	PA	HTC TRUSTEE	C corp	$0	$0	1.00000	Yes (true)
MS FOUNDATION BLK TRUST
400 HOWARD ST	SAN FRANCISCO	CA	94105	306349022	INVESTMENTS	CA	MSH FDN TRUST	TRUST	$0	$0	1.00000	false

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (true)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (true)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	Yes (true)	DivRelatedOrganizationInd
Asset Sale To Other Org	Yes (true)	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	Yes (true)	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (true)	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (18 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
Hershey Entertainment & Resorts Co
a	$171,785	MARKET
Hershey Trust Company
a	$266,325	MARKET
The MS Hershey Foundation
a	$14,983	market
Eaton Vance Trust Co High Yield CTF
f	$15,140,506	MARKET
The Hershey Co
f	$217,082,061	MARKET
Milton Hershey School BLK Trust
g	$351,794,693	market
Milton Hershey School BLK Trust
h	$275,026,900	MARKET
Hershey Entertainment & Resorts Co
p	$1,781,826	MARKET
The MS Hershey Foundation
p	$312,939	MARKET
The Hershey Co
P	$93,283	market
CHURCHHILL MIDDLE MARKET SENIOR LOAN FUND III
c	$67,779,945	MARKET
Franklin Templeton Emerging Mkts Debt
g	$7,000,000	MARKET
Franklin Templeton Emerging Mkts Debt
h	$5,000,000	MARKET
Catherine Hershey SchoolS FOR EARLY LEARNING
R	$3,356,455	MARKET
CHURCHHILL MIDDLE MARKET SENIOR LOAN FUND III
B	$22,871,129	MARKET
Hershey Entertainment & Resorts Co
C	$497,750	MARKET
Hershey Entertainment & Resorts Co
f	$19,332,000	MARKET
The Hershey Co
g	$239,910,000	MARKET

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE R, PART I	DISREGARDED ENTITIES THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST OWNS 100 PERCENT OF MHST CORPUS LLC AND MHST INCOME LLC. BOTH ARE PENNSYLVANIA SINGLE-MEMBER LIMITED LIABILITY COMPANIES. THE LLCS' PRINCIPAL ACTIVITY ARE THE ACQUISITION, HOLDING AND DEVELOPMENT OF RENT-PRODUCING REAL ESTATE, AND THEIR PRINCIPAL SOURCE OF REVENUE IS RENT. THEY ARE DISREGARDED SINGLE-MEMBER LLCS FOR TAX PURPOSES. MHST CORPUS LLC AND MHST INCOME LLC DO NOT CURRENTLY HAVE ANY ASSETS OR INCOME.
SCHEDULE R, PART II RELATED TAX-EXEMPT ORGANIZATIONS	RELATED TAX-EXEMPT ORGANIZATIONS THE CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING (EIN 85-4322274) IS A PENNSYLVANIAN NONPROFIT THAT IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3). THE MILTON HERSHEY SCHOOL, A PENNSYLVANIA NONPROFIT CORPORATION, IS THE SOLE MEMBER OF THE CORPORATION. THE AFFAIRS OF THE CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING ARE MANAGED UNDER THE DIRECTION OF THE BOARD OF DIRECTORS, WHO ARE ELECTED ANNUALLY BY THE MILTON HERSHEY SCHOOL BOARD OF MANAGERS, UNLESS RESERVED TO OR REQUIRED TO BE EXERCISED BY THE MILTON HERSHEY SCHOOL BOARD OF MANAGERS AS SET FORTH IN THE BYLAWS OF THE CORPORATION. THE M.S. HERSHEY FOUNDATION (EIN 23-6242734) IS A PENNSYLVANIA NONPROFIT THAT IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3). MILTON HERSHEY FUNDED THE FOUNDATION IN 1935 AND APPOINTED HERSHEY TRUST COMPANY AS ITS TRUSTEE. THE FOUNDATION HAS SEVERAL OPERATIONS IN HERSHEY, PENNSYLVANIA INCLUDING THE HERSHEY STORY, HERSHEY GARDENS, HERSHEY COMMUNITY ARCHIVES AND THE HERSHEY THEATRE. THE MEMBERS OF THE BOARD OF MANAGERS OF THE FOUNDATION ARE APPOINTED BY THE HERSHEY TRUST COMPANY, IN ITS CAPACITY AS TRUSTEE, FROM AMONG ITS OWN BOARD OF DIRECTORS. TOGETHER THE TRUSTEE AND BOARD OF MANAGERS SERVE AS THE GOVERNING BODY OF THE FOUNDATION. HERSHEY CEMETERY COMPANY (EIN 23-1973529) IS A PENNSYLVANIA CEMETERY COMPANY THAT IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(13). HERSHEY TRUST COMPANY OPERATES THE CEMETERY COMPANY AND IS TRUSTEE OF THE HERSHEY CEMETERY PERPETUAL MAINTENANCE FUND TRUST (EIN: 23-6629638) THAT WAS ESTABLISHED TO PROVIDE FUNDING FOR PERPETUAL MAINTENANCE FOR THE HERSHEY CEMETERY. HERSHEY CEMETERY IS THE FINAL RESTING PLACE OF MILTON AND CATHERINE HERSHEY. THE HERSHEY TRUST COMPANY AND THE HERSHEY CEMETERY COMPANY ARE RELATED TO MILTON HERSHEY SCHOOL AND SCHOOL TRUST. THE WILLIAM E. DEARDEN ALUMNI CAMPUS, INC. (EIN 20-2579678) IS A PENNSYLVANIA NONPROFIT THAT IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3). THE NONPROFIT'S MISSION IS TO PROMOTE AND ENHANCE THE EDUCATION AND GENERAL WELFARE OF THE STUDENTS AND ALUMNI OF THE SCHOOL; TO ACHIEVE CLOSER COOPERATION BETWEEN THE SCHOOL AND ALUMNI, IN THE INTEREST OF THE EDUCATION AND GENERAL WELFARE OF THE STUDENTS AND ALUMNI; TO DEVELOP AMONG TEACHERS, ADMINISTRATION, STUDENTS, ALUMNI AND THE GENERAL PUBLIC SUCH PROGRAMS AND ACTIVITIES AS WILL SECURE FOR ALL STUDENTS AND ALUMNI THE HIGHEST ADVANTAGES IN PHYSICAL, MENTAL AND SOCIAL EDUCATION AND DEVELOPMENT; TO SERVE AS A CLEARING HOUSE FOR THE GATHERING AND DISSEMINATION OF INFORMATION AND KNOW-HOW IN FURTHERANCE OF THE FOREGOING PURPOSES; AND TO SOLICIT AND ACCEPT DONATIONS, GIFTS, GRANTS, LEGACIES AND BEQUESTS TO FURTHER THE FOREGOING PURPOSES. PER ITS GOVERNING INSTRUMENT, SEVERAL OF THE BOARD MEMBERS ARE SELECTED FROM THE OFFICERS OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST OR ARE APPOINTED BY THE PRESIDENT OF THE MILTON HERSHEY SCHOOL.
SCHEDULE R, PART IV	RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST HOLDS 29.43% OF THE OUTSTANDING COMBINED COMMON AND CLASS B SHARES OF THE HERSHEY COMPANY. EACH SHARE OF THE CLASS B COMMON STOCK ENTITLES ITS HOLDER TO 10 VOTES. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST HAS 79.83 PERCENT OF ALL VOTES ENTITLED TO BE CAST ON MATTERS REQUIRING THE VOTE OF COMMON STOCK AND CLASS B COMMON STOCK VOTING TOGETHER. COLUMNS (F) AND (G) REFLECT THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S 28.35% SHARE OF THE HERSHEY COMPANY'S TOTAL INCOME AND END-OF-YEAR ASSETS. COLUMN (H) REFLECTS THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S TOTAL COMBINED VOTING POWER. (PERCENTAGES AS OF DECEMBER 31, 2022). SCHEDULE R, PARTS III AND IV, RELATED ORGANIZATIONS TAXED AS A PARTNERSHIP AND RELATED ORGANIZATIONS TAXED AS A CORPORATION OR TRUST. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUSTS INVESTED IN THREE PARTNERSHIPS THAT ARE INVESTMENT ENTITIES, IN WHICH THE SCHOOL AND SCHOOL TRUST OWNS MORE THAN FIFTY PERCENT. THE MILTON HERSHEY SCHOOL BLK TRUST OWNS SEVERAL PARTNERSHIP INTERESTS, NONE OF WHICH IS MORE THAN FIFTY PERCENT OWNERSHIP.
SCHEDULE R, PART V, LINE 2 (ITEM 6)	HERSHEY ENTERTAINMENT & RESORTS COMPANY PROVIDED SEASON PASSES, GIANT CENTER TICKETS, PROJECT FELLOWSHIP ACTIVITIES, AND OTHER BENEFITS TO MILTON HERSHEY SCHOOL STUDENTS AT NO COST. THE VALUE OF THESE BENEFITS WAS $497,750.