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Pennsylvania · Nonprofit

THE MS HERSHEY FOUNDATION

THE MS HERSHEY FOUNDATION (Pennsylvania) receives grants from 15 organizations whose IRS filings report $550,314 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($172,225). 7 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$26M
Funders on record
15
Grants received
$550k
Net assets
$61M
7/15 repeat funderspeak grant-dependency 0%
01What it does

What The Ms Hershey Foundation does

Mission

To preserve and enhance milton hershey's legacy and community vision and to provide educational and cultural enrichment to the residents of the hershey area, the foundation operates the hershey story, hershey gardens, hershey theatre and hershey community archives. Through countless volunteers and generous contributions, the non-profit m.s. Hershey foundation continues to enhance the community mr. Hershey built.

As stated on its FY2024 Form 990.

Programs

  1. Statement of program service accomplishments completed during milton hershey's great building campaign program in the 1930s, the new community center building housed hershey theatre, which first opened as a vaudeville and movie house. Today, the theatre is the area's premier performing arts center. Presenting touring broadway shows, classical music, dance attractions and world renowned entertainers, the theatre's rich history and performing arts presentations provide cultural and educational enrichment to patrons of all ages. Developed in 2008, the hershey theatre apollo awards is a program which recognizes excellence in local high school theater productions; more than 100 nominated students are awarded $21,400 in awards. All derry township school district students may participate in field trips to the hershey theatre at no charge. Number benefitted: 146,262 expenses: $11,071,873 grants: $0 revenue: $10,981,182 program service accomplishment #2 (line 4b): the hershey story, the museum on chocolate avenue opened in 2009. The museum experience is an educational, interactive permanent exhibit space that shares the stories of milton s. Hershey, his businesses, philanthropies and…

    $11,071,873 spent$10,931,089 earned by the program
    63% of program spending
  2. Statement of program service accomplishments completed during milton hershey's great building campaign program in the 1930s, the new community center building housed hershey theatre, which first opened as a vaudeville and movie house. Today, the theatre is the area's premier performing arts center. Presenting touring broadway shows, classical music, dance attractions and world renowned entertainers, the theatre's rich history and performing arts presentations provide cultural and educational enrichment to patrons of all ages. Developed in 2008, the hershey theatre apollo awards is a program which recognizes excellence in local high school theater productions; more than 100 nominated students are awarded $21,400 in awards. All derry township school district students may participate in field trips to the hershey theatre at no charge. Number benefitted: 146,262 expenses: $11,071,873 grants: $0 revenue: $10,981,182 program service accomplishment #2 (line 4b): the hershey story, the museum on chocolate avenue opened in 2009. The museum experience is an educational, interactive permanent exhibit space that shares the stories of milton s. Hershey, his businesses, philanthropies and…

    $3,355,313 spent$1,960,131 earned by the program
    19% of program spending
  3. Statement of program service accomplishments completed during milton hershey's great building campaign program in the 1930s, the new community center building housed hershey theatre, which first opened as a vaudeville and movie house. Today, the theatre is the area's premier performing arts center. Presenting touring broadway shows, classical music, dance attractions and world renowned entertainers, the theatre's rich history and performing arts presentations provide cultural and educational enrichment to patrons of all ages. Developed in 2008, the hershey theatre apollo awards is a program which recognizes excellence in local high school theater productions; more than 100 nominated students are awarded $21,400 in awards. All derry township school district students may participate in field trips to the hershey theatre at no charge. Number benefitted: 146,262 expenses: $11,071,873 grants: $0 revenue: $10,981,182 program service accomplishment #2 (line 4b): the hershey story, the museum on chocolate avenue opened in 2009. The museum experience is an educational, interactive permanent exhibit space that shares the stories of milton s. Hershey, his businesses, philanthropies and…

    $2,854,293 spent$2,341,437 earned by the program
    16% of program spending
  4. Hershey Community Archives

    $241,546 spent$187,581 earned by the program
    1% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $17,523,025.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($13M) Expenses 100 ($13M) Net assets 100 ($38M)2018 Revenue 95 ($13M) Expenses 97 ($13M) Net assets 89 ($33M)2019 Revenue 93 ($12M) Expenses 105 ($14M) Net assets 97 ($37M)2020 Revenue 59 ($7.8M) Expenses 56 ($7.3M) Net assets 98 ($37M)2021 Revenue 130 ($17M) Expenses 70 ($9.1M) Net assets 120 ($45M)2022 Revenue 214 ($28M) Expenses 118 ($15M) Net assets 142 ($54M)2023 Revenue 138 ($18M) Expenses 145 ($19M) Net assets 151 ($57M)2024 Revenue 194 ($26M) Expenses 168 ($22M) Net assets 163 ($61M)
'17'18'19'20'21'22'23'24
Revenue (194)Expenses (168)Net assets (163)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $55M to $65M (+17%).

$59M
$54M
$56M
$55M
$65M
$69M
$71M
$73M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 7% · 2018 7% · 2019 7% · 2020 20% · 2021 32% · 2022 11% · 2023 6% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.

11% of THE MS HERSHEY FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (80% for the typical peer).

This organization
Typical peer · 874 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$284k
’17
−$60k
’18
−$1.2M
’19
$579k
’20
$8.1M
’21
$13M
’22
−$559k
’23
$3.9M
’24
3.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Donald Papson

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed11111199111312
Joined·+3+1+0+1+4+3+0
No longer listed·3121211
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $12k → $35k.

6 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 65% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE MS HERSHEY FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE MS HERSHEY FOUNDATION leans on a few funders — its largest provides 31% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE MS HERSHEY FOUNDATION.

31%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2018 87% · 2019 50% · 2020 47% · 2021 99% · 2022 59% · 2023 54% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

57% of THE MS HERSHEY FOUNDATION's funders are still giving 3 years after their first grant; 47% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

65% of THE MS HERSHEY FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $190k that is directly attributable, 83% of it comes from Pennsylvania funders.

WI
NY
PA
NE
MD
DE

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $360k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE MS HERSHEY FOUNDATION's revenue grew 94% between 2017 and 2024.

Operating margin15% · below the median
Months of reserve3.5mo · below the median
Revenue growth (annualized)10% · below the median

this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024

Government funding THE MS HERSHEY FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $116k on record.

Federal$116k
grants $116kcontracts $0
Top agencies
  • Institute of Museum and Library Services$116k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE MS HERSHEY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

5
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

PA

Part of a family of 14 related entities

  • The Ms Hershey Foundation LLC · disregarded
  • The Milton Hershey School & School Trust · exempt
  • The William E Dearden Alumni Campus Inc · exempt
  • Hershey Cemetery Company · exempt
  • Hershey Cemetery Perpetual Maintenance · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE MS HERSHEY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE MS HERSHEY FOUNDATION?
THE MS HERSHEY FOUNDATION (Pennsylvania) receives grants from 15 organizations whose IRS filings report $550,314 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($172,225). 7 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE MS HERSHEY FOUNDATION have?
IRS filings report 15 organizations giving $550,314 in grants to THE MS HERSHEY FOUNDATION, 7 of which have funded it in more than one year.
Who is the largest funder of THE MS HERSHEY FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $172,225 in grants. The full list of funders is on this page.
How can an organization like THE MS HERSHEY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ms Hershey →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing