The M S Hershey Foundation
Only null% goes to programs Strong reserves Growing revenue
The M S Hershey Foundation is a 501(c)(3) organization based in Hershey, Pennsylvania, registered in 1966, with $25,663,182 in FY2024 revenue. CharityIndex grades it B.
63 W Chocolate Ave, Hershey, PA, 17033 EIN 23-6242734 Since 1966
Revenue (FY2024)
$25.7M
▲ 40.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$21.8M
Net assets
$61.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The M S Hershey Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating34 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The M S Hershey Foundation: 34 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The M S Hershey Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The M S Hershey Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 63 W Chocolate Ave, Hershey, PA, 17033
- City
- Hershey
- State
- Pennsylvania
- Subcategory
- Public Foundations
- Website
- …
Financial trends
Revenue grew from $10.7M (FY2013) to $25.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $11.6MNet assets $61.5M
Operating margin
15.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$73.1M
Total liabilities
$11.6M
Net assets
$61.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,663,182▲40.7% | $21,790,651▲15.9% | $61,485,801▲8.3% | $73,116,953▲2.6% | 990 |
| 2023 | $18,239,892▼35.7% | $18,799,044▲23.0% | $56,792,418▲5.9% | $71,280,742▲2.7% | 990 |
| 2022 | $28,386,935▲65.0% | $15,280,770▲68.3% | $53,647,210▲18.3% | $69,409,983▲7.3% | 990 |
| 2021 | $17,201,612▲119% | $9,079,885▲24.9% | $45,344,288▲22.8% | $64,689,691▲17.3% | 990 |
| 2020 | $7,846,544▼36.5% | $7,267,314▼46.4% | $36,910,296▲0.8% | $55,168,245▼1.9% | 990 |
| 2019 | $12,355,652▼1.6% | $13,569,844▲7.6% | $36,619,064▲9.3% | $56,217,627▲4.4% | 990 |
| 2018 | $12,556,699▼5.3% | $12,616,656▼2.8% | $33,495,186▼11.1% | $53,867,246▼8.9% | 990 |
| 2017 | $13,261,986▲15.2% | $12,977,728▲2.1% | $37,657,841▲4.9% | $59,125,945▲2.5% | 990 |
| 2016 | $11,513,488▲6.9% | $12,707,800▲5.9% | $35,901,042▲1.9% | $57,660,779▼1.7% | 990 |
| 2015 | $10,773,896▼14.4% | $12,005,255▲17.9% | $35,240,623▼6.4% | $58,662,414▼1.5% | 990 |
| 2014 | $12,593,547▲17.3% | $10,182,253▼15.0% | $37,667,014▼4.3% | $59,573,507▲1.6% | 990 |
| 2013 | $10,737,099 | $11,983,907▲5.9% | $39,341,666▲9.2% | $58,658,859▼0.1% | 990 |
| 2012 | — | $11,316,098▲11.7% | $36,027,630▼0.1% | $58,708,153▲0.2% | 990 |
| 2011 | — | $10,131,936 | $36,076,034 | $58,563,836 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $379K total
16 grants to The M S Hershey Foundation totaling $379K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2024 | $100,000 |
| Ascendium Education Solutions Inc | Good neighbor giving 2024 | 2024 | $25,000 |
| Penn State Health | Program support | 2023 | $9,908 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $7,400 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $19,000 |
| Penn State Health | Program support | 2022 | $13,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $59,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $59,200 |
| Penn State Health | Program support | 2021 | $28,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $7,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2020 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2020 | $10,000 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2019 | $10,000 |
| Columbus Foundation | Advancing philanthropy | 2019 | $5,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2018 | $10,500 |
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Frequently asked questions
- Is The M S Hershey Foundation a legitimate nonprofit?
- Yes. The M S Hershey Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-6242734, based in Hershey, Pennsylvania. Donations are tax-deductible.
- What is The M S Hershey Foundation's EIN?
- The M S Hershey Foundation's Employer Identification Number (EIN) is 23-6242734.
- How much revenue does The M S Hershey Foundation report?
- The M S Hershey Foundation reported $25,663,182 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The M S Hershey Foundation have?
- CharityIndex grades The M S Hershey Foundation B, based on financial health (reserves and operating margin).
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Data for The M S Hershey Foundation (EIN 23-6242734) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.