MILTON HERSHEY SCHOOL & SCHOOL TRUST: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: MILTON HERSHEY SCHOOL & SCHOOL TRUST (EIN 23-1353340)
Tax period: 2020-08-01 to 2021-07-31
Filed: 2022-06-15
IRS object ID: 202201669349301560
Schema version: 2020v4.1
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	2022-06-15T12:46:07-05:00	ReturnTs
Tax Period End	2021-07-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PricewaterhouseCoopers 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	2020-08-01	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 ROBIN-COKER	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	7175201100	PhoneNum
Signature	2022-06-14	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	ROBIN-COKER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KIMBERLY BIER MANAGER	PreparerPersonNm
PTIN	P01697519	PTIN
Phone	2673303000	PhoneNum
Preparation	2022-06-01	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	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	$2,834,907,558	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	12	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	2023	TotalEmployeeCnt
Total Volunteers	238	TotalVolunteersCnt
Total Gross UBI	-$1,572,716	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$30,628	PYContributionsGrantsAmt
CY Contributions Grants	$58,626	CYContributionsGrantsAmt
PY Program Service Revenue	$365,655	PYProgramServiceRevenueAmt
CY Program Service Revenue	$484,528	CYProgramServiceRevenueAmt
PY Investment Income	$458,231,703	PYInvestmentIncomeAmt
CY Investment Income	$1,013,401,004	CYInvestmentIncomeAmt
PY Other Revenue	$3,363,609	PYOtherRevenueAmt
CY Other Revenue	$3,041,544	CYOtherRevenueAmt
PY Total Revenue	$461,991,595	PYTotalRevenueAmt
CY Total Revenue	$1,016,985,702	CYTotalRevenueAmt
PY Grants And Similar Paid	$8,516,625	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$5,100,278	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$143,281,201	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$156,963,060	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$134,781,391	PYOtherExpensesAmt
CY Other Expenses	$141,705,039	CYOtherExpensesAmt
PY Total Expenses	$286,579,217	PYTotalExpensesAmt
CY Total Expenses	$303,768,377	CYTotalExpensesAmt
PY Revenues Less Expenses	$175,412,378	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$713,217,325	CYRevenuesLessExpensesAmt
Total Assets BOY	$17,395,898,597	TotalAssetsBOYAmt
Total Assets EOY	$21,433,370,695	TotalAssetsEOYAmt
Total Liabilities BOY	$236,507,605	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$233,000,192	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$17,159,390,992	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$21,200,370,503	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	$234,335,365	ExpenseAmt
Grant	$5,100,278	GrantAmt
Revenue	$484,528	RevenueAmt
Desc	SEE SCHEDULE O FOR FURTHER DETAILS.	Desc
Total Program Service Expenses	$234,335,365	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	199	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	2023	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	12	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	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Institutional TrusteeInstitutionalTrusteeInd
PETER G GURT
PRESIDENT	55.0	10.0	Yes (X)	$627,138	$0	$114,886
STEVEN SPARKS ESQ
Secretary	44.0	6.0	Yes (X)	$0	$571,837	$83,861
ELLIOTT H ROBINSON
VP ADMINISTRATION	52.0	4.0	Yes (X)	$340,108	$0	$107,757
JEFFREY JOHNSON
VP HUMAN RESOURCES	52.0	3.0	Yes (X)	$259,978	$0	$88,549
FREDA F MARTINE
VP OF EDU AND STUDENT LIFE	55.0	10.0	Yes (X)	$284,278	$0	$63,124
LISA RASHID
VP - COMMUNICATIONS	53.0	7.0	Yes (X)	$264,171	$0	$83,196
BETH J SHAW
EXEC DIRECTOR- STUDENT SUPPORT	57.0	0.0		$241,306	$0	$86,934	Yes (X)
ANDREW CLARK ESQ
VP LEGAL	55.0	10.0	Yes (X)	$247,801	$0	$76,792
Wendy Starner
Treas. From 7/19 To 8/20	43.0	1.0		$0	$270,147	$46,153		Yes (X)
ANNETTE K COLE GILL
HEAD-ELEMENTARY DIVISION	54.0	0.0		$230,734	$0	$72,083	Yes (X)
M DIANE KOKEN
BOARD OF MANAGERS	6.0	5.0		$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	5.0	3.0		$0	$0	$265,000			Yes (X)
TANYA BAYNHAM
VP GRAD PROG FOR SUCC	50.0	0.0	Yes (X)	$195,524	$0	$57,057
WILLIAM H WEBER III
HEAD OF SR DIVISION	53.0	0.0		$190,135	$0	$51,746	Yes (X)
TIMOTHY C FAKE
SR DIRECTOR IT	50.0	3.0		$196,373	$0	$40,935				Yes (X)
JOHN J OSMOLINSKI
SR DIR CONSTRUCTION/FAC	51.0	6.0		$179,837	$0	$53,314	Yes (X)
DAVID C MILLER JR
SR DIR RISK MANAGEMENT	50.0	2.5		$184,402	$0	$45,689				Yes (X)
DENISE L ALSTON DDS
DIR DENTAL SERVICES	60.0	0.0		$190,687	$0	$38,221				Yes (X)
SEAN CONCANNON
ASSOCIATE GENERAL COUNSEL	35.0	15.0		$179,482	$0	$41,637				Yes (X)
ERIN OSEVALA
ASSOCIATE GENERAL COUNSEL	42.0	8.0		$176,200	$0	$41,206				Yes (X)
JEFFREY C PERALES
HEAD MIDDLE DIVISION	53.0	0.0		$155,405	$0	$54,431	Yes (X)
MATTHEW JACOLIK
INTERIM TREASURER UNTIL 7/19	43.0	1.0		$0	$150,204	$44,609		Yes (X)
ROBERT CONNOR HEIST
BOARD OF MANAGERS	16.0	1.0		$0	$153,187	$0			Yes (X)
CAROL DANZ
ASSISTANT SECRETARY	42.0	1.0	Yes (X)	$0	$103,634	$31,899
JAN L BERGEN
BOARD OF MANAGERS	8.0	0.0		$0	$133,187	$0			Yes (X)
Michela English
Board of Managers	8.0	0.0		$0	$133,187	$0			Yes (X)
Maria Kraus
Board of Managers	6.0	1.0		$0	$133,187	$0			Yes (X)
AMY MARSH
BOARD OF MANAGERS	13.0	0.0		$0	$133,187	$0			Yes (X)
Melissa L Fullmore
Board of Managers	4.0	0.0		$0	$127,187	$0			Yes (X)
DAVID SALTZMAN
Board of Managers	4.0	0.0		$0	$123,187	$0			Yes (X)
DAN KATZIR
BOARD OF MANAGERS	4.0	0.0		$0	$123,187	$0			Yes (X)
CORDEL ROBBIN-COKER
BOARD OF MANAGERS, TREASURER	4.0	0.0	Yes (X)	$0	$123,187	$0			Yes (X)
HERSHEY TRUST COMPANY
TRUSTEE	0.0	0.0		$1,000	$0	$0					Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,143,559	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$1,459,009	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,909,079	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	240	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
WOHLSEN CONSTRUCTION CO
PO BOX 4612	LANCASTER	PA	12704	CONSTRUCTION	$16,431,883
KINSLEY CONSTRUCTION INC
PO BOX 2886	YORK	PA	174052886	CONSTRUCTION	$9,707,566
HERSHEY TRUST COMPANY
PO BOX 445	HERSHEY	PA	17033	INVEST & SHARED SRVS	$7,906,674
SODEXO INC AFFILIATES
PO BOX 360170	PITTSBURGH	PA	152516170	CONSTRUCTION	$5,828,769
GREENLEAF ELLIOTT PC
925 HARVEST DRIVE SUITE 300	BLUE BELL	PA	194221956	LEGAL	$3,931,547

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	169	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$58,626	AllOtherContributionsAmt
Total Contributions	$58,626	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
AG MILK, LIVESTOCK & CROP SALES	900099	$409,730	$409,730
UTILITY REBATES	900099	$63,294	$63,294
CONCESSION STAND SALES	900099	$5,384	$5,384
FOOD REBATES	900099	$4,947	$4,947
MEMORABILIA SALES TO PUBLIC	900099	$1,860	$1,860

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$687	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$687	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$484,528	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$359,661,210	TotalRevenueColumnAmt
Unrelated Business Revenue	-$1,444,831	UnrelatedBusinessRevenueAmt
Exclusion	$361,106,041	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	$5,651,226	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$2,609,682	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$3,041,544	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,041,544	TotalRevenueColumnAmt
Unrelated Business Revenue	-$127,885	UnrelatedBusinessRevenueAmt
Exclusion	$3,169,429	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$2,464,201,583	SecuritiesAmt
Other	$4,850,385	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,812,787,336	SecuritiesAmt
Other	$2,524,838	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$651,414,247	SecuritiesAmt
Other	$2,325,547	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$653,739,794	TotalRevenueColumnAmt
Exclusion	$653,739,794	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	$1,016,985,702	TotalRevenueColumnAmt
Related Or Exempt Func Income	$484,528	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$1,572,716	UnrelatedBusinessRevenueAmt
Exclusion	$1,018,015,264	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	$5,100,278	TotalAmt
Program Services	$5,100,278	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	$3,810,796	TotalAmt
Program Services	$2,171,510	ProgramServicesAmt
Management And General	$1,639,286	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	$98,876,927	TotalAmt
Program Services	$92,560,148	ProgramServicesAmt
Management And General	$6,316,779	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$15,778,691	TotalAmt
Program Services	$15,009,504	ProgramServicesAmt
Management And General	$769,187	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$30,335,438	TotalAmt
Program Services	$28,255,443	ProgramServicesAmt
Management And General	$2,079,995	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$8,161,208	TotalAmt
Program Services	$7,516,579	ProgramServicesAmt
Management And General	$644,629	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	$1,368,185	TotalAmt
Program Services	$969,559	ProgramServicesAmt
Management And General	$398,626	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$237,192	TotalAmt
Program Services	$218,217	ProgramServicesAmt
Management And General	$18,975	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	$40,331,222	TotalAmt
Management And General	$40,331,222	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$6,184,968	TotalAmt
Program Services	$6,184,968	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$4,588,554	TotalAmt
Program Services	$2,040,297	ProgramServicesAmt
Management And General	$2,548,257	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,931,964	TotalAmt
Program Services	$1,755,156	ProgramServicesAmt
Management And General	$176,808	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,089,607	TotalAmt
Program Services	$2,938,776	ProgramServicesAmt
Management And General	$150,831	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Royalties RoyaltiesGrp

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

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,104,134	TotalAmt
Program Services	$5,622,010	ProgramServicesAmt
Management And General	$482,124	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,047,298	TotalAmt
Program Services	$1,026,540	ProgramServicesAmt
Management And General	$20,758	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	$196,570	TotalAmt
Program Services	$187,079	ProgramServicesAmt
Management And General	$9,491	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	$41,951,664	TotalAmt
Program Services	$38,364,921	ProgramServicesAmt
Management And General	$3,586,743	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$6,438,106	TotalAmt
Program Services	$1,581,665	ProgramServicesAmt
Management And General	$4,856,441	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
CONTRACTED SERVICES	$7,916,470	$6,036,004	$1,880,466
FOOD, CLOTHING & HOUSEHOLD	$7,132,399	$6,824,776	$307,623
EQUIP RENTAL & MAINTENANCE	$5,121,412	$4,747,626	$373,786
TRUST EXPENSES	$3,250,713	$0	$3,250,713

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,814,581	TotalAmt
Program Services	$5,224,309	ProgramServicesAmt
Management And General	-$409,728	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$303,768,377	TotalAmt
Program Services	$234,335,365	ProgramServicesAmt
Management And General	$69,433,012	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$94,647	BOYAmt
EOY	$1,159,104	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$62,159,575	BOYAmt
EOY	$64,160,721	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	$28,092,150	BOYAmt
EOY	$62,706,632	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	$2,258,417	BOYAmt
EOY	$2,424,510	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,195,905	BOYAmt
EOY	$3,436,596	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,445,765,340	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$680,413,346	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$760,162,320	BOYAmt
EOY	$765,351,994	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,373,624,146	BOYAmt
EOY	$2,831,537,636	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$14,167,311,437	BOYAmt
EOY	$17,702,593,502	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	$17,395,898,597	BOYAmt
EOY	$21,433,370,695	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$236,507,605	BOYAmt
EOY	$233,000,192	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	$236,507,605	BOYAmt
EOY	$233,000,192	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	$1,598,693,659	BOYAmt
EOY	$1,891,437,031	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,560,697,333	BOYAmt
EOY	$19,308,933,472	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$17,159,390,992	BOYAmt
EOY	$21,200,370,503	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$17,395,898,597	BOYAmt
EOY	$21,433,370,695	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$713,217,325	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$3,303,661,341	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$24,100,845	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd

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	$15,560,697,333	BeginningYearBalanceAmt
Investment Earnings Or Losses	$3,748,236,728	InvestmentEarningsOrLossesAmt
End Year Balance	$19,308,934,061	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$12,668,675,449	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$281,062,164	InvestmentEarningsOrLossesAmt
End Year Balance	$12,387,613,285	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$12,556,285,107	BeginningYearBalanceAmt
Investment Earnings Or Losses	$112,390,342	InvestmentEarningsOrLossesAmt
End Year Balance	$12,668,675,449	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	$64,823,870	OtherCostOrOtherBasisAmt
Book Value	$64,823,870	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$105,612,459	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$1,157,404,801	OtherCostOrOtherBasisAmt
Depreciation	$605,234,328	DepreciationAmt
Book Value	$657,782,932	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$117,924,210	OtherCostOrOtherBasisAmt
Depreciation	$75,179,018	DepreciationAmt
Book Value	$42,745,192	BookValueAmt

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildingsGrp
Total Book Value Land Buildings	$765,351,994	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	$17,702,593,502	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$17,702,593,502	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt
Total Liability	$0	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$4,322,772,197	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$3,303,661,341	NetUnrealizedGainsInvstAmt
Other Revenue	$2,125,154	OtherRevenueAmt
Revenue Not Reported	$3,305,786,495	RevenueNotReportedAmt
Revenue Subtotal	$1,016,985,702	RevenueSubtotalAmt
Total Revenue Per Form990	$1,016,985,702	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$273,214,214	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$484,528	OtherExpensesIncludedAmt
Expenses Not Reported	-$484,528	ExpensesNotReportedAmt
Expenses Subtotal	$273,698,742	ExpensesSubtotalAmt
Other Expenses Not Included	$30,069,635	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$30,069,635	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$303,768,377	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 50% 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) (484,528) RENTAL EXPENSES 2,609,682 ____________ 2,125,154 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH EXPENSES PER RETURN PROGRAM SERVICE REVENUE (RECLASS) (484,528) ____________ (484,528) SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH EXPENSES PER RETURN UNRECOGNIZED PENSION & POST RETIREMENT GAIN 30,069,635
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 58,626 - 58,626 2 PROGRAM SERVICE REV - 484,528 484,528 3 INVESTMENT INCOME 359,661,210 - 359,661,210 6 NET RENTAL INCOME 3,041,544 - 3,041,544 7(I) GAIN ON SALE-SECURITIES 651,414,247 - 651,414,247 7(II) GAIN ON SALE-OTHER 2,321,086 4,461 2,325,547 11A OTHER INCOME - - - ______________ ________ _____________ 12 TOTAL REVENUE 1,016,496,713 488,989 1,016,985,702 PART IX, STATEMENT OF FUNCTIONAL EXPENSES MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL 2 GRANTS TO INDIVIDUALS - 5,100,278 5,100,278 5 COMPENSATION OF OFFICERS 1,000 3,809,796 3,810,796 7 OTHER SALARIES & WAGES - 98,876,927 98,876,927 8 PENSION PLAN CONTRIBUTIONS - 15,778,691 15,778,691 9 OTHER EMPLOYEE BENEFITS - 30,335,438 30,335,438 10 PAYROLL TAXES - 8,161,208 8,161,208 11B LEGAL FEES - 1,368,185 1,368,185 11C ACCOUNTING FEES - 237,192 237,192 11F INVEST MGMT FEES 40,331,222 - 40,331,222 11G OTHER FEES FOR SERVICES - 6,184,968 6,184,968 12 ADVERTISING - 4,588,554 4,588,554 13 OFFICE EXPENSES - 1,931,964 1,931,964 14 INFORMATION TECHNOLOGY - 3,089,607 3,089,607 16 OCCUPANCY - 6,104,134 6,104,134 17 TRAVEL - 1,047,298 1,047,298 19 CONFERENCES - 196,570 196,570 22 DEPRECIATION 250,663 41,701,001 41,951,664 23 INSURANCE - 6,438,106 6,438,106 24A CONTRACTED SERV/CONSULTING - 7,916,470 7,916,470 24B FOOD/CLOTHING/HOUSEHOLD - 7,132,399 7,132,399 24C EQUIP RENTAL & MAINTENANCE - 5,121,412 5,121,412 24D TRUST EXPENSES () 3,250,713 - 3,250,713 24E ALL OTHER EXPENSES - 4,814,581 4,814,581 ___________ ___________ ____________ 25 TOTAL FUNCTIONAL EXPENSES 43,833,598 259,934,779 303,768,377 () 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 9,267 1,149,837 1,159,104 2 SAVINGS & TEMP INVEST 22,048,757 - 22,048,757 4 ACCOUNTS RECEIVABLE 29,999,309 1,176,332 31,175,641 8 INVENTORIES FOR SALE/USE - 2,242,510 2,424,510 9 PREPAID EXPENSES 24,090 3,412,506 3,436,596 10A PROPERTY EQPMT(COST) 1,222,131,968 117,864,028 1,339,995,996 10B LESS: ACCUMULATED DEP. (605,234,328) (75,179,018) (680,413,346) 11 INVEST: PUBLICLY TRADED 543,839,085 - 543,839,085 12 INVEST: OTHER 833,381,461 - 833,381,461 17 LIABILITIES (14,494,971)(191,115,804) (205,610,773) _____________ ____________ _____________ NET UNRESTRICTED ASSETS 2,031,704,638 (140,267,607) 1,891,437,031 OF THE $1,891,437,031 IN NET UNRESTRICTED ASSETS, $1,397,739,145 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 U.S. GOVERNMENT OBLIGATIONS 640,855,241 FMV AGENCY BONDS 145,171,754 FMV CORPORATE BONDS 206,243,505 FMV BOND FUNDS 272,505,697 FMV COMMON STOCKS-OTHER 1,566,761,439 FMV ______________ TOTAL PART X, LINE 11 2,831,537,636 PART X, LINE 12/SCHEDULE D, PART VII CLOSELY HELD EQUITY INTERESTS THE HERSHEY COMPANY - COMMON SHARES 8,437,770 FMV HERSHEY ENTERTAINMENT & RESORTS 640,200,000 FMV HERSHEY TRUST COMPANY 38,461,451 FMV THE HERSHEY CO - CLASS B SHARES 10,842,276,706 FMV _____________ SUB-TOTAL CLOSELY-HELD INTERESTS 11,529,375,927 PART X, LINE 12 (CONTINUED) OTHER STOCK FUNDS - OTHER 2,970,725,816 OTHER BOND FUNDS 1,311,515,674 ALTERNATIVE ASSETS-NON MARKETABLE 1,890,976,085 _______________ SUB-TOTAL OTHER 6,173,217,575 _______________ TOTAL PART X, LINE 12 17,702,593,502

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, RELIGIOUS CREED OR DISABILITY. MILTON HERSHEY SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, ANCESTRY, SEX, RELIGIOUS CREED OR DISABILITY 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	$103,112,163
Middle East and North Africa	Investments	$360,664
Central America and the Caribbean	Investments	$910,501,118
East Asia and the Pacific	Investments	$13,822,277
North America	Investments	$64,210,398
Russia and the Newly Independent States	Investments	$2,293,132
South America	Investments	$2,371,750
South Asia	Investments	$1,144,544
Sub-Saharan Africa	Investments	$39,681,467

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$1,137,497,513	SubtotalSpentAmt
Total Spent	$1,137,497,513	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	619	RecipientCnt
Cash Grant	$5,100,278	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. 80% 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 FOR STUDENTS GRADUATING AFTER THE SPRING OF 2004, WHERE SCHOLARSHIP CREDITS ARE EARNED GRADUALLY EACH YEAR OF HIGH SCHOOL. THE MAXIMUM AWARD FOR THE GRADUATING CLASS OF 2021 WILL BE $95,000. THE MAXIMUM AWARD MAY BE INCREASED EVERY YEAR TO MATCH THE AVERAGE U.S. COLLEGE INFLATION RATE. 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 $5,100,278 AND $8,615,625 DURING THE YEARS ENDED JULY 31, 2021 AND 2020 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 654 STUDENTS CURRENTLY RECEIVING CONTINUING EDUCATION SCHOLARSHIPS AS WELL AS THE 777 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 $6,698,900 OF CASH GRANTS PAID DURING THE YEAR AND ($1,598,622) WHICH REPRESENTS A DECREASE IN THE TUITION ACCRUAL FOR GRANTS TO BE PAID IN FUTURE YEARS. THE TOTAL OF THESE AMOUNTS IS $5,100,278.

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	Yes (true)	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 (24 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
ROBERT CONNOR HEIST
BOARD OF MANAGERS	$0	$153,187	$0	$0	$0	$0	$0	$0	$0	$0	$0	$153,187	$0	$0
ELLIOTT H ROBINSON
VP ADMINISTRATION	$314,594	$0	$12,300	$0	$13,214	$0	$62,535	$0	$45,222	$0	$447,865	$0	$0	$0
PETER G GURT
PRESIDENT	$445,125	$0	$170,300	$0	$11,713	$0	$62,535	$0	$52,351	$0	$742,024	$0	$0	$0
LISA RASHID
VP - COMMUNICATIONS	$252,539	$0	$10,300	$0	$1,332	$0	$49,043	$0	$34,153	$0	$347,367	$0	$0	$0
ANNETTE K COLE GILL
HEAD-ELEMENTARY DIVISION	$229,840	$0	$0	$0	$894	$0	$40,076	$0	$32,007	$0	$302,817	$0	$0	$0
BETH J SHAW
EXEC DIRECTOR- STUDENT SUPPORT	$240,406	$0	$0	$0	$900	$0	$55,228	$0	$31,706	$0	$328,240	$0	$0	$0
TIMOTHY C FAKE
SR DIRECTOR IT	$195,624	$0	$0	$0	$749	$0	$30,013	$0	$10,922	$0	$237,308	$0	$0	$0
ANDREW CLARK ESQ
VP LEGAL	$234,253	$0	$12,300	$0	$1,248	$0	$47,471	$0	$29,321	$0	$324,593	$0	$0	$0
JOHN J OSMOLINSKI
SR DIR CONSTRUCTION/FAC	$177,893	$0	$0	$0	$1,944	$0	$27,234	$0	$26,080	$0	$233,151	$0	$0	$0
FREDA F MARTINE
VP OF EDU AND STUDENT LIFE	$264,975	$0	$15,300	$0	$4,003	$0	$26,369	$0	$36,755	$0	$347,402	$0	$0	$0
DAVID C MILLER JR
SR DIR RISK MANAGEMENT	$183,416	$0	$0	$0	$986	$0	$24,796	$0	$20,893	$0	$230,091	$0	$0	$0
WILLIAM H WEBER III
HEAD OF SR DIVISION	$189,974	$0	$0	$0	$161	$0	$25,177	$0	$26,569	$0	$241,881	$0	$0	$0
M DIANE KOKEN
BOARD OF MANAGERS	$0	$105,000	$0	$0	$0	$0	$0	$0	$0	$160,000	$0	$265,000	$0	$0
STEVEN SPARKS ESQ
Secretary	$0	$570,264	$0	$0	$0	$1,573	$0	$57,605	$0	$26,256	$0	$655,698	$0	$0
TANYA BAYNHAM
VP GRAD PROG FOR SUCC	$184,572	$0	$10,300	$0	$652	$0	$24,332	$0	$32,725	$0	$252,581	$0	$0	$0
JAMES BROWN
BOARD OF MANAGERS	$0	$105,000	$0	$0	$0	$0	$0	$0	$0	$160,000	$0	$265,000	$0	$0
JAMES KATZMAN
BOARD OF MANAGERS	$0	$0	$0	$0	$0	$0	$0	$0	$0	$265,000	$0	$265,000	$0	$0
JEFFREY JOHNSON
VP HUMAN RESOURCES	$237,097	$0	$12,300	$0	$10,581	$0	$52,477	$0	$36,072	$0	$348,527	$0	$0	$0
DENISE L ALSTON DDS
DIR DENTAL SERVICES	$190,446	$0	$0	$0	$241	$0	$21,321	$0	$16,900	$0	$228,908	$0	$0	$0
MATTHEW JACOLIK
INTERIM TREASURER UNTIL 7/19	$0	$142,391	$0	$7,500	$0	$313	$0	$21,392	$0	$23,217	$0	$194,813	$0	$0
Wendy Starner
Treas. From 7/19 To 8/20	$0	$178,294	$0	$0	$0	$91,853	$0	$17,427	$0	$28,726	$0	$316,300	$0	$0
ERIN OSEVALA
ASSOCIATE GENERAL COUNSEL	$176,052	$0	$0	$0	$148	$0	$14,505	$0	$26,701	$0	$217,406	$0	$0	$0
SEAN CONCANNON
ASSOCIATE GENERAL COUNSEL	$179,141	$0	$0	$0	$341	$0	$31,372	$0	$10,265	$0	$221,119	$0	$0	$0
JEFFREY C PERALES
HEAD MIDDLE DIVISION	$155,219	$0	$0	$0	$186	$0	$21,030	$0	$33,401	$0	$209,836	$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 4A SEVERANCE AND CHANGE OF CONTROL PAYMENTS WENDY STARNER RECEIVED SEVERANCE PAYMENTS OF $90,983 FROM THE HERSHEY TRUST COMPANY (EIN: 23-0692150), A FOR-PROFIT RELATED CORPORATION. MS. STARNER SERVED AS TREASURER OF THE MILTON HERSHEY SCHOOL FROM JULY 2019 TO AUGUST 2020. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN CERTAIN OFFICERS OF THE MILTON HERSHEY SCHOOL 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 4% 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 $29,105 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). ROBERT C. HEIST, ESQ. MR. HEIST JOINED THE BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY IN FEBRUARY 2011. COMPENSATION REPORTED CONSISTS ONLY OF DIRECTOR FEES RECEIVED FROM A RELATED FOR-PROFIT COMPANY, HERSHEY TRUST COMPANY (EIN 23-0692150). 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 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. 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 2019 COMPENSATION AND BENEFITS REPORTED BY HERSHEY TRUST COMPANY WAS REIMBURSED BY MILTON HERSHEY SCHOOL. MATTHEW JACOLIK MR. JACOLIK WAS APPOINTED INTERIM TREA	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, LINE 1 AND FORM 990, PART III, LINE 1	MILTON HERSHEY SCHOOL AND SCHOOL TRUST MISSION THE MISSION OF MILTON HERSHEY SCHOOL IS TO NURTURE AND EDUCATE CHILDREN IN SOCIAL AND FINANCIAL NEED SO THEY CAN LEAD FULFILLING AND PRODUCTIVE LIVES. DURING THE 2020-2021 SCHOOL YEAR, MILTON HERSHEY SCHOOL MARKED ITS 111TH YEAR AS A HOME AND SCHOOL FOR CHILDREN FROM POVERTY IN NEED OF CARE, SUPPORT, AND RESOURCES. SINCE THE SCHOOL'S FOUNDING IN 1909, FAMILIES EXPERIENCING FINANCIAL HARDSHIP AND THE COMPLEXITIES POVERTY CREATES IN THEIR LIVES HAVE ENROLLED THEIR CHILDREN TO BENEFIT FROM THE SCHOOL'S WHOLE CHILD APPROACH TO EDUCATION AND PROGRAMMING THAT COMES AT NO COST TO STUDENTS OR THEIR FAMILIES. THE VISION OF FOUNDERS MILTON S. HERSHEY AND HIS WIFE CATHERINE, AS WELL AS THE DEED OF TRUST THEY SIGNED, CONTINUES TO GUIDE THE SCHOOL TODAY. BECAUSE OF THE HERSHEYS' GENEROSITY AND THE DEDICATED EFFORTS OF STAFF, THE SCHOOL WAS ABLE TO PROVIDE BEST-IN-CLASS EDUCATION, 24/7 CARE, AND UNPARALLELED RESOURCES TO STUDENTS IN 2020-2021 WHEN THEY NEEDED IT MOST. THE SCHOOL REMAINED OPEN, HOLDING DAILY IN-PERSON CLASSES FOR THE ENTIRETY OF THE SCHOOL YEAR TO SUPPORT STUDENTS' GROWTH AND DEVELOPMENT. WITH A COMPREHENSIVE HEALTH AND SAFETY PLAN IN PLACE, MILTON HERSHEY SCHOOL PROACTIVELY RESPONDED TO COVID-19 PANDEMIC CHALLENGES AND HAD A SUCCESSFUL YEAR AS A RESIDENTIAL SCHOOL ADDRESSING THE NEEDS OF STUDENTS AND THEIR FAMILIES. DURING THE FALL OF 2020, THE SCHOOL UNVEILED ITS NEW FIVE-YEAR STRATEGIC PLAN, THE MILT PLAN. THE INITIATIVE WAS DEVELOPED USING IN-DEPTH RESEARCH, EDUCATION BEST PRACTICES, AND INPUT FROM STUDENTS AND STAFF IN ORDER TO FOCUS ON FOUR KEY AREAS: MODELING CHARACTER AND WELL-BEING; INNOVATING CAREER-FOCUSED EDUCATION; LEVERAGING IMPACT; AND TEAMWORK TO STRENGTHEN COMMUNITY ALIGNMENT AND ENGAGEMENT. ADVANCEMENTS WERE MADE IN ALL AREAS OF THE STRATEGIC PLAN DURING THE 2020-2021 SCHOOL YEAR. AN EXAMPLE OF LEVERAGING IMPACT WAS THE LAUNCH OF THE SCHOOL'S EARLY CHILDHOOD EDUCATION INITATIVE, CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING. IN FURTHERING OUR MISSION, MORE PENNSYLVANIA CHILDREN WILL BENEFIT FROM THE HERSHEYS' VISION. AS SUBSIDIARIES OF MILTON HERSHEY SCHOOL, UP TO SIX COST-FREE EARLY CHILDHOOD RESOURCE CENTERS WILL INITIALLY BE DEVELOPED ACROSS PENNSYLVANIA. CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING WILL EDUCATE AND SUPPORT CHILDREN AGES BIRTH TO AGE FIVE FROM ECONOMICALLY DISADVANTAGED AND AT-RISK BACKGROUNDS. AT THE CENTERS, STUDENTS WILL ENGAGE IN A CURRICULUM THAT SUPPORTS EDUCATIONAL, SOCIAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT, AND FAMILIES WILL HAVE ACCESS TO SERVICES THROUGH A DEDICATED FAMILY RESOURCE CENTER. THE GOAL OF THIS INVESTMENT IS TO HELP YOUNGER CHILDREN AND THEIR FAMILIES IN BREAKING THE CYCLE OF POVERTY EARLIER IN THE CHILD'S DEVELOPMENTAL AND EDUCATIONAL JOURNEY. THE SCHOOL AIMS TO PROVIDE EACH STUDENT WITH HIGH QUALITY LEARNING EXPERIENCES AND DEVELOPMENT OPPORTUNITIES IN THE CLASSROOM AND BEYOND. THROUGHOUT THE 2020-2021 SCHOOL YEAR, MILTON HERSHEY SCHOOL FOCUSED ON BEING THE RELIABLE RESOURCE FAMILIES NEEDED WHILE THEY NAVIGATED THE PANDEMIC. THIS INVOLVED A COMMITMENT TO KEEPING THEIR CHILDREN SAFE, LEARNING IN PERSON, AND BENEFITING FROM FULL ACCESS TO THE SCHOOL'S WRAPAROUND SERVICES AND RESOURCES, LIKE FOOD, CLOTHING, A NURTURING HOME LIFE, MEDICAL, DENTAL, PSYCHOLOGICAL, BEHAVIORAL, AND SOCIAL WORK. IN THE 2020-2021 SCHOOL YEAR, 1,984 STUDENTS FROM LOW-INCOME FAMILIES BENEFITED FROM MILTON HERSHEY SCHOOL'S COST-FREE, PRIVATE, COEDUCATIONAL HOME AND PRE-K THROUGH 12TH-GRADE EDUCATION. STUDENTS LIVE AT MILTON HERSHEY SCHOOL 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 8-12 STUDENTS OF SIMILAR AGES AND THE SAME GENDER IN ONE OF APPROXIMATELY 190 STUDENT HOMES ACROSS CAMPUS. WHEN STUDENTS REACH THEIR SENIOR YEAR, THEY TAKE PART IN THE TRANSITIONAL LIVING PROGRAM, WHICH PREPARES THEM FOR LIFE AFTER GRADUATION. MAINTAINING A WELCOMING, NURTURING, AND INCLUSIVE ENVIRONMENT FOR CURRENT AND NEW STUDENTS IS A TOP PRIORITY FOR STAFF. THE SCHOOL CARES FOR ITS STUDENTS 24 HOURS A DAY, 365 DAYS A YEAR, INCLUDING HOLIDAYS AND SUMMER MONTHS. WHILE MANY SCHOOLS CLOSE FOR THE SUMMER, STUDENTS AT MILTON HERSHEY SCHOOL CONTINUE TO LEARN THROUGH THE SCHOOL'S OPTIONAL YEAR-ROUND EXPERIENCES (YRE) PROGRAM. STUDENTS WHO CHOOSE TO STAY ON CAMPUS DURING SUMMER BREAK ARE PROVIDED WITH A SAFE AND STABLE HOME ON CAMPUS WHERE THEY CAN EXPLORE THEIR INTERESTS AND BUILD ON THEIR CLASSROOM LEARNING THROUGH A WIDE-RANGE OF EXPERIENCES AND ADVENTURES, BOTH ON AND OFF CAMPUS. EXAMPLE ACTIVITIES INCLUDE ART, MUSIC, AND DANCE PROGRAMMING, INTERNSHIPS, FIELD TRIPS, AND MORE. FOUR HUNDRED THIRTY-SIX STUDENTS PARTICIPATED IN YRE PROGRAMMING IN THE 2020-2021 SCHOOL YEAR. BECAUSE MILTON HERSHEY SCHOOL SERVES LOW-INCOME STUDENTS, MOST OBSTACLES THE STUDENTS FACE STEM FROM POVERTY-RELATED ISSUES. POVERTY ALSO CONTRIBUTES TO THE ACCUMULATION OF TRAUMATIC EVENTS CHILDREN EXPERIENCE, KNOWN AS ADVERSE CHILDHOOD EXPERIENCES (ACES). OF NEW STUDENTS ENROLLED DURING THE 2020-2021 SCHOOL YEAR, FIFTY-SIX PERCENT HAVE A FAMILY MEMBER INCARCERATED, FIFTY-TWO PERCENT HAVE MENTAL HEALTH ISSUES IN THEIR FAMILY, FORTY-EIGHT PERCENT EXPERIENCED FAMILY DRUG OR ALCOHOL MISUSE, THIRTY-TWO PERCENT HAVE BEEN VICTIMS OF DOMESTIC VIOLENCE, AND TWENTY PERCENT ARE RAISED BY SOMEONE OTHER THAN THEIR BIOLOGICAL PARENTS. MILTON HERSHEY SCHOOL'S APPROACH TO WHOLE CHILD CARE FOCUSES ON THE EFFECTIVE WAYS TO HELP CHILDREN COPE WITH AND REDUCE THE EFFECTS OF ACES BY PROVIDING THEM WITH STABLE SUPPORT, RESOURCES, AND THE STRATEGIES TO PERSEVERE AND SUCCEED. TEAMS OF EXPERTS AND PROFESSIONALS AT THE SCHOOL PROVIDE WRAPAROUND CARE, AT NO COST, THAT ADDRESSES TRAUMATIC EVENTS AND HELPS STUDENTS COUNTER THE NEGATIVE IMPACT THOSE EVENTS CAN HAVE ON THEIR HEALTH AND FUTURES. THE 24/7/365 SUPPORT AND RESOURCES MHS PROVIDES ARE UNMATCHED BY ANY OTHER PRIVATE BOARDING OR HIGHER EDUCATION INSTITUTION. DUE TO THE COMPLEXITY OF CHALLENGES STUDENTS FACE AS A RESULT OF POVERTY, PROGRAMMING AT MHS IS MUCH MORE EXPANSIVE AND DIVERSE THAN ALL OTHER PEER SCHOOLS. BECAUSE ALL STUDENTS COME FROM LOW-INCOME FAMILIES, THE SCHOOL MEETS CONSIDERABLE FINANCIAL NEEDS BY RESPONSIBILY INVESTING IN EACH STUDENT TO ADDRESS THEIR NEEDS. IN ADDITION TO PHYSICAL, MEDICAL, DENTAL, AND PSYCHOLOGICAL CARE, THE SCHOOL'S INVESTMENT IN EACH STUDENT INCLUDES, BUT IS NOT LIMITED TO: HOUSING; FOOD; CLOTHING; TRANSPORTATION; EXTRACURRICULAR ACTIVITIES; SUPPLIES; TRAVEL; CAMPS; GRADUATE PROGRAMS; AND 24/7 CARE AND SUPERVISION THAT MEET SAFETY STANDARDS OUTLINED BY INTERNATIONAL EXPERTS. MILTON HERSHEY SCHOOL STUDENTS RECEIVE PERSONALIZED ATTENTION AND SUPPORT IN SMALL CLASS SIZES AVERAGING 15 STUDENTS. THEY ALSO HAVE ACCESS TO CAREER AND TECHNICAL EDUCATION AND EXTRACURRICULAR OPPORTUNITIES, WHICH WOULD LIKELY BE UNOBTAINABLE IN THEIR HOME COMMUNITIES. THE SCHOOL PROVIDES CHILDREN WITH VALUABLE, NURTURING RELATIONSHIPS AND THE CRITICAL SOCIAL, EMOTIONAL, AND LEADERSHIP TOOLS THEY NEED TO OVERCOME THEIR CIRCUMSTANCES OF POVERTY AND EXCEL IN TODAY'S COMPETITIVE AND CHALLENGING WORLD. MILTON HERSHEY SCHOOL GRADUATED THE LARGEST SENIOR CLASS IN HISTORY IN JUNE 2021. SEVENTY-SEVEN PERCENT OF 2021 GRADUATES PLANNED TO CONTINUE THEIR EDUCATION AT A TWO- OR FOUR-YEAR COLLEGE OR TECHNICAL SCHOOL. THE LEVEL OF COLLEGE-RELATED FUNDING THE SCHOOL OFFERS ITS STUDENTS IS GREATER THAN THAT OF PEER SCHOOLS AND SCHOLARSHIP PROVIDERS. MILTON HERSHEY SCHOOL AIMS TO COVER THE MAJORITY, IF NOT ALL, OF ITS GRADUATES' POSTSECONDARY EDUCATION EXPENSES, INCLUDING TUITION, FEES, BOOKS, AND ROOM AND BOARD. THE HOME LIFE PROGRAM SUPPORTS STUDENTS IN UNIQUE WAYS DURING THEIR SENIOR YEAR AS THEY START THINKING ABOUT LIFE AFTER HIGH SCHOOL GRADUATION. SENIORS MOVE INTO ONE OF TEN 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 ARE LEARNING EXPERIENCES THAT 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. ALL JUNIORS AND SENIORS ALSO TAKE A SEMINAR CLASS WHERE THEY MAKE FUNDAMENTAL DECISIONS AND MANAGE NEW RESPONSIBILITIES TO PREPARE FOR LIFE AFTER HIGH SCHOOL GRADUATION. THE SEMINAR CLASSES COVER A WIDE RANGE OF ESSENTIAL LIFE SKILLS, INCLUDING RESUME WRITING, TIME MANAGEMENT, FINANCES, AND NAVIGATING HEALTH CARE AND HEALTH INSURANCE. THIS TYPE OF CLASS IS ESPECIALLY IMPORTANT FOR STUDENTS WHO COME FROM UNDERPRIVILEGED BACKGROUNDS. IN ADDITION, WHETHER THEY ARE ENTERING COLLEGE OR TECHNICAL SCHOOL, THE WORKFORCE, OR THE MILITARY, MILTON HERSHEY SCHOOL PROVIDES
FORM 990, PART I, LINE 1 AND FORM 990, PART III, LINE 1 (CONT.)	IN ADDITION, WHETHER THEY ARE ENTERING COLLEGE OR TECHNICAL SCHOOL, THE WORKFORCE, OR THE MILITARY, MILTON HERSHEY SCHOOL PROVIDES COMPREHENSIVE AND INDIVIDUALIZED SUPPORT TO STUDENTS AND GRADUATES THROUGH THE GRADUATE PROGRAMS FOR SUCCESS (GPS) DIVISION. DEDICATED CAREER COUNSELORS AND TRANSITION SPECIALISTS SUPPORT STUDENTS AND ALUMNI OF ALL AGES. CAREER COUNSELORS PROVIDE HIGH SCHOOL STUDENTS WITH MENTORSHIP AND GUIDANCE ABOUT JOB INTERVIEWS, COLLEGE APPLICATIONS, AND TRANSPORTATION TO ORIENTATIONS. TRANSITION SPECIALISTS PROVIDE TARGETED SUPPORT TO YOUNG ALUMNI IN RECOGNITION THAT EVERY STUDENT'S PATH TO SUCCESS IS DIFFERENT. 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 1,300 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 ENVIRONMENTAL AND AGRICULTURAL 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. OF NEW STUDENTS ENROLLED IN THE 2020-2021 SCHOOL YEAR, THIRTY-THREE PERCENT ATTENDED AT LEAST THREE DIFFERENT SCHOOLS BEFORE ARRIVING AT MILTON HERSHEY SCHOOL. AT MILTON HERSHEY SCHOOL, STUDENTS ARE GIVEN PSYCHOLOGICAL AND EMOTIONAL SUPPORT WHEN NEEDED. CLOSE TO EIGHTY-ONE PERCENT OF STUDENTS RECEIVE ANYWHERE FROM ONE TO NINE SPECIALTY SERVICES AND SEVENTEEN PERCENT RECEIVE TEN OR MORE SERVICES. 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 2020-2021, THERE WERE 111,185 HEALTH SERVICE VISITS BY STUDENTS TO THE SCHOOL'S MEDICAL PROFESSIONALS DURING THE REPORTING YEAR, IN ADDITION TO 47,978 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. SINCE 2012, EVERY GRADUATING SENIOR HAS EARNED AT LEAST ONE INDUSTRY-RECOGNIZED NATIONAL CERTIFICATION BY PASSING AN INDUSTRY-APPROVED TEST. THE CLASS OF 2021 EARNED A TOTAL OF 1,732 INDUSTRY-RECOGNIZED CERTIFICATIONS AND NINETY-TWO PERCENT OF GRADUATING SENIORS OBTAINED AT LEAST THREE CERTIFICATIONS. THERE ARE CURRENTLY TWELVE 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: 234,335,365 LESS: LINE 22 DEPRECIATION (38,364,921) LINE 2 GRANTS (5,100,278) -------------- TOTAL EXPENSES 190,870,166 TOTAL NUMBER OF STUDENTS: 1,984 GAAP Cost per Student - Total Expenses (Part IX Line 25) $303,768,377 (TOTAL EXPENSES/1,984) = $153,109 Total Annual Cost per Student- School and Trust Total Program expenses less depreciation (Part IX line 22) and CES Grants (Part IX line 2) $190,870,166 (TOTAL EXPENSES)/1,984 (TOTAL NUMBER OF STUDENTS) = $96,205 MHS DIRECT COST PER STUDENT - SCHOOL ONLY A PREMIER BOARDING SCHOOL LIKE MILTON HERSHEY SCHOOL, OFFERING SIMILAR ACADEMIC PROGRAMMING AND SMALL CLASS SIZES, CHARGES APPROXIMATELY $60,000 PER YEAR, WITHOUT PROVIDING PERSONAL EFFECTS LIKE CLOTHING, TECHNOLOGY, TRANSPORTATION, OR CAREER TRAINING AND INTERNSHIPS. ADDITIONALLY, 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 OFEDUCATING 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 TRUSTEE'S 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. THE SAME TWELVE INDIVIDUALS (AS OF 7/31/21) SERVE ON THE BOARD OF DIRECTORS OF HTC AND THE BOARD OF MANAGERS OF THE MILTON HERSHEY SCHOOL.
FORM 990, PART VI, SECTION B, LINE 11	FORM 990 REVIEW PROCESS THE FORM 990 IS REVIEWED BY THE ORGANIZATIONS' 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 DOES 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 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 $24,100,845

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	$7,011,427	$186,977,632	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 777	San Mateo	CA	94403	263995499	INVESTMENTS	CA	MHS Trust	Excluded from Tax	-$12,632,991	$83,144,574	false	$0	false	0.67237
Sands Capital Intl Growth Feeder
1000 Wilson Blvd Suite 3000	Arlington	VA	22209	842447062	INVESTMENTS	VA	MHS TRust	Excluded from Tax	$3,002,494	$45,493,663	false	$0	false	1.00000
CHURCHILL MIDDLE MARKET SENIOR LOAN
				850547286	INVESTMENTS		MHS TRUST	EXCLUDED FROM TAX	$70,505	$11,429,335	false	$0	false	0.57061	MAPLES CORP FUND LTD PO BOX 309	UGLAND HOUSE	GRAND CAYMAN	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 C	PA	HTC TRUSTEE	C CORP	$9,191,207	$51,086,302	1.00000	Yes (true)
HERSHEY ENTERTAINMENT & RESORTS CO
27 W CHOCOLATE	HERSHEY	PA	17033	230691815	ENTERTAINMENT	PA	HTC TRUSTEE	C CORP	$130,720,277	$448,008,090	1.00000	Yes (true)
THE HERSHEY CO
19 E CHOCOLATE AVENUE	HERSHEY	PA	17033	230691590	CONFECTIONARY	PA	HTC TRUSTEE	C CORP	$1,285,078,779	$2,756,719,408	0.80430	Yes (true)
MILTON HERSHEY SCHOOL BLK TRUST
BLACKROCK INST TR TTE 400 HOWARD S	SAN FRANCISCO	CA	94105	306349039	INVESTMENTS	CA	MHS TRUST	TRUST	$14,932,367	$1,943,340,095	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	$32,502	$15,238	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				false

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	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	Yes (true)	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (true)	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 (20 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
Hershey Entertainment & Resorts Co
a	$119,230	market
Hershey Trust Company
a	$241,358	market
The MS Hershey Foundation
a	$11,143	market
Eaton Vance Trust Co High Yield CTF
f	$9,469,047	market
The Hershey Co
f	$170,527,433	market
Milton Hershey School BLK Trust
g	$1,015,115,972	market
Milton Hershey School BLK Trust
h	$765,840,886	market
Hershey Entertainment & Resorts Co
p	$1,869,577	market
The MS Hershey Foundation
p	$271,406	market
The Hershey Co
P	$59,239	market
Sands Intl Growth Feeder
f	$134,940	market
Sands Intl Growth Feeder
g	$15,000,000	market
Franklin Templeton Emerging Mkts Debt
g	$8,676,212	market
Franklin Templeton Emerging Mkts Debt
h	$8,676,212	market
Eaton Vance Trust Co High Yield CTF
h	$40,000,000	market
Sands Intl Growth Feeder
h	$88,971	market
Catherine Hershey SchoolS FOR EARLY LEARNING
R	$1,471,607	market
Catherine Hershey SchoolS FOR EARLY LEARNING
P	$1,578,839	market
CHURCHHILL MIDDLE MARKET SENIOR LOAN FUND III
B	$16,294,811	MARKET
CHURCHHILL MIDDLE MARKET SENIOR LOAN FUND III
C	$5,013,789	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% 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 29.14 PERCENT 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 80.43 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 29.14 PERCENT 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, 2020) 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 ONE PARTNERSHIP THAT IS AN INVESTMENT ENTITY, IN WHICH THE SCHOOL AND SCHOOL TRUST OWN 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 HERSHEYPARK AND GIANT CENTER TICKETS, PROJECT FELLOWSHIP ACTIVITIES AND OTHER BENEFITS TO MILTON HERSHEY SCHOOL STUDENTS AT NO COST. THE VALUE OF THESE BENEFITS WAS $379,406.