Overview
What is Milton Hershey School And School Trust?
Milton Hershey School and School Trust is a reputable nonprofit organization dedicated to providing quality education and opportunities to children from economically disadvantaged backgrounds, ranging from pre-kindergarten to 12th grade. Founded in accordance with Milton and Catherine Hershey's deed of trust, this institution goes beyond just education by offering state-of-the-art facilities, advanced technology, and a diverse selection of activities. Its mission is deeply rooted in nurturing and educating children in need, ensuring they receive a top-notch education that prepares them for their future.
Official website here: www.mhs-pa.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Milton Hershey School and School Trust has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates that the organization maintains a strong level of financial transparency and adheres to high standards of operational integrity, which is crucial for gaining and keeping donor trust.
The organization excelled in several areas, including its Financial Statements and oversight processes, earning full marks in audit oversight and conflict of interest policies. Additionally, the program expense ratio is commendable at 76.78%, suggesting that a significant portion of its resources is directed toward its programs rather than administrative costs.
While the overall score is positive, it should be noted that the rating is based solely on a single beacon score related to accountability and finance. Potential donors might want to consider other aspects, such as the effectiveness of its programs or broader impact metrics, to gain a more comprehensive understanding of the charity’s overall performance and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Milton Hershey School And School Trust legitimate?
Milton Hershey School And School Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milton Hershey School And School Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,157,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,201,008
For more financial information, click here
Official website here: www.mhs-pa.org
What is the mission statement of Milton Hershey School And School Trust?
The Milton Hershey School, under the guidelines of its trust, provides a premium education to children from economically disadvantaged backgrounds. This institution offers not only academic excellence but also state-of-the-art facilities, advanced technology, and an extensive range of activities to its students in the pre-kindergarten to 12th grade. In keeping with its mission, the Milton Hershey School nurtures and educates children in need, ensuring they receive a well-rounded education that prepares them for the future.
Official website here: www.mhs-pa.org
Who is the CEO of Milton Hershey School And School Trust?
Peter Gurt is the Principal Officer of Milton Hershey School And School Trust.
Official website here: www.mhs-pa.org
What is the revenue of Milton Hershey School And School Trust?
Milton Hershey School And School Trust's revenue in 2022 was $1,457,721,371.
Official website here: www.mhs-pa.org
Who are the executives of Milton Hershey School And School Trust and what are their salaries?
The average compensation at Milton Hershey School And School Trust during 2022 was $51,056. There are 2044 employees and 239 volunteers at Milton Hershey School And School Trust.
Here are 35 key members and their salaries:
- Compensation: $628,159
- Related: $0
- Other: $116,930
- Compensation: $0
- Related: $604,170
- Other: $93,602
- Compensation: $327,978
- Related: $0
- Other: $106,515
- Compensation: $315,634
- Related: $0
- Other: $95,642
- Compensation: $301,358
- Related: $0
- Other: $65,707
- Compensation: $272,444
- Related: $0
- Other: $86,656
- Compensation: $271,954
- Related: $0
- Other: $87,122
- Compensation: $228,054
- Related: $0
- Other: $88,832
- Compensation: $231,904
- Related: $0
- Other: $69,698
- Compensation: $0
- Related: $105,000
- Other: $160,000
- Compensation: $0
- Related: $105,000
- Other: $160,000
- Compensation: $0
- Related: $0
- Other: $265,000
- Compensation: $201,904
- Related: $0
- Other: $57,995
- Compensation: $200,430
- Related: $0
- Other: $58,141
- Compensation: $196,369
- Related: $0
- Other: $43,368
- Compensation: $180,774
- Related: $0
- Other: $56,449
- Compensation: $190,131
- Related: $0
- Other: $39,413
- Compensation: $178,414
- Related: $0
- Other: $46,817
- Compensation: $172,617
- Related: $0
- Other: $44,408
- Compensation: $155,865
- Related: $0
- Other: $57,016
- Compensation: $181,865
- Related: $0
- Other: $27,451
- Compensation: $0
- Related: $154,251
- Other: $47,506
- Compensation: $138,973
- Related: $0
- Other: $54,546
- Compensation: $0
- Related: $181,967
- Other: $0
- Compensation: $0
- Related: $104,542
- Other: $35,096
- Compensation: $0
- Related: $128,711
- Other: $0
- Compensation: $0
- Related: $128,711
- Other: $0
- Compensation: $0
- Related: $128,711
- Other: $0
- Compensation: $0
- Related: $128,711
- Other: $0
- Compensation: $0
- Related: $128,711
- Other: $0
- Compensation: $0
- Related: $118,711
- Other: $0
- Compensation: $0
- Related: $118,711
- Other: $0
- Compensation: $0
- Related: $118,711
- Other: $0
- Compensation: $0
- Related: $118,711
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
Official website here: www.mhs-pa.org
Where can I find the form 990 for Milton Hershey School And School Trust?
Milton Hershey School And School Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhs-pa.org
Learn more at the official website: www.mhs-pa.org
Mission Statement of Milton Hershey School And School Trust
Milton Hershey School and School Trust is a renowned institution dedicated to nurturing and educating children from economically disadvantaged backgrounds. Founded in accordance with Milton and Catherine Hershey's deed of trust, this organization provides top-quality education, advanced facilities, and a variety of activities to children from pre-kindergarten to 12th grade.
Milton Hershey School is committed to offering an exceptional learning experience to its students. Equipped with state-of-the-art facilities and advanced technology, the school ensures a conducive environment for academic success. The institution's curriculum extends beyond the classroom with a wide array of activities designed to foster holistic development.
In line with its mission, Milton Hershey School is more than just an educational institution. It is a caring community that supports its students in various aspects of their lives. By providing essential resources and opportunities, the school aims to help children from low-income families reach their full potential. With a strong focus on academic excellence and personal growth, Milton Hershey School and School Trust is making a significant difference in the lives of its students.
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Impact
October, 2024
Milton Hershey School (MHS) significantly impacts the lives of children from families of low income by providing a high-quality education coupled with essential resources and support. The school's commitment to nurturing and educating these children encompasses state-of-the-art facilities and advanced technology, which enhance the learning environment.
MHS serves students from pre-kindergarten through 12th grade, offering a comprehensive education that not only focuses on academic excellence but also includes a wide array of extracurricular activities. This holistic approach ensures that students are well-rounded and prepared for future challenges.
By focusing on social and financial needs, Milton Hershey School fosters a nurturing environment, enabling students to overcome obstacles and reach their full potential. The school's legacy, rooted in the values of its founders, continues to make a profound difference in the lives of many children, empowering them to build brighter futures.
This information is meant to be a general summary of Milton Hershey School And School Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,454,386,612
- Program Service Revenue: $621,843
- Gross Receipts: $3,310,197,797
Assets and Liabilities:
- Total Assets: $23,523,788,782
- Total Liabilities: $271,236,000
- Net Assets: $23,252,552,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AG MILK, LIVESTOCK & CROP SALES
Revenue
$541,901
CONCESSION STAND SALES
Revenue
$40,772
UTILITY REBATES
Revenue
$34,355
MEMORABILIA SALES TO PUBLIC
Revenue
$1,087
FOOD REBATES
Revenue
$1,013
Organization Details
Founding Year
1909
Phone
(717) 520-1100Principal Officer
Peter Gurt
Main Address
PO BOX 445, HERSHEY, PA, 17033
Website
www.mhs-pa.orgNTEE Category
Code: B200 - Education
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