Overview
What is The Ms Hershey Foundation?
The M.S. Hershey Foundation is a nonprofit organization based in the Hershey area, dedicated to preserving and enhancing Milton Hershey's legacy and community vision. They strive to provide educational and cultural enrichment to local residents by operating various facilities such as The Hershey Story, Hershey Gardens, Hershey Theatre, and Hershey Community Archives. Through volunteer efforts and generous contributions, the foundation continues to enhance the community Milton Hershey built.
Official website here: www.mshersheyfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Ms Hershey Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score reflects a comprehensive assessment of various financial practices, with a particular focus on maintaining transparency and ethical management. The foundation scored highly in all areas evaluated, particularly in financial statements and the absence of material diversion of assets.
Strengths of the organization include its strong financial health, as evidenced by a program expense ratio of over 90%, which suggests that a significant portion of its expenses is directed toward its programs rather than administrative costs. Additionally, the foundation has implemented robust policies around conflict of interest, whistleblower protections, and document retention, further enhancing its accountability to stakeholders.
While the organization has shown commendable financial practices and transparency, the overall rating is solely based on financial metrics. This may limit insights into the organization’s impact and effectiveness in achieving its mission, indicating a potential area for growth in showcasing program outcomes and community engagement beyond just financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Ms Hershey Foundation legitimate?
The Ms Hershey Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ms Hershey Foundation 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: $383,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,290,585
For more financial information, click here
Official website here: www.mshersheyfoundation.org
What is the mission statement of The Ms Hershey Foundation?
The M.S. Hershey Foundation is dedicated to preserving and enhancing Milton Hershey's legacy and community vision. It aims to provide educational and cultural enrichment to the residents in the area. The foundation fulfills its mission through various initiatives, including The Hershey Story, Hershey Gardens, Hershey Theatre, and Hershey Community Archives. With the help of countless volunteers and generous contributions, the non-profit organization continues to enhance the community, upholding the vision that Milton Hershey had built.
Official website here: www.mshersheyfoundation.org
What is the revenue of The Ms Hershey Foundation?
The Ms Hershey Foundation's revenue in 2023 was $18,239,892.
Official website here: www.mshersheyfoundation.org
Who are the executives of The Ms Hershey Foundation and what are their salaries?
The average compensation at The Ms Hershey Foundation during 2023 was $19,440. There are 189 employees and 630 volunteers at The Ms Hershey Foundation.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $1,901,016
- Other: $63,984
- Compensation: $0
- Related: $105,000
- Other: $170,000
- Compensation: $0
- Related: $239,157
- Other: $34,572
- Compensation: $226,342
- Related: $0
- Other: $40,091
- Compensation: $0
- Related: $231,000
- Other: $0
- Compensation: $0
- Related: $120,764
- Other: $106,484
- Compensation: $157,101
- Related: $0
- Other: $25,570
- Compensation: $0
- Related: $108,304
- Other: $41,285
- Compensation: $0
- Related: $146,652
- Other: $0
- Compensation: $114,958
- Related: $0
- Other: $28,863
- Compensation: $0
- Related: $137,718
- Other: $0
- Compensation: $0
- Related: $136,652
- Other: $0
- Compensation: $108,084
- Related: $0
- Other: $28,282
- Compensation: $1,000
- Related: $0
- Other: $0
Official website here: www.mshersheyfoundation.org
Where can I find the form 990 for The Ms Hershey Foundation?
The Ms Hershey Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mshersheyfoundation.org
Learn more at the official website: www.mshersheyfoundation.org
Mission Statement of The Ms Hershey Foundation
The M.S. Hershey Foundation is a non-profit organization dedicated to preserving and enhancing Milton Hershey's legacy and community vision. In line with this mission, the Foundation provides educational and cultural enrichment to the residents of the Hershey area.
Established with a vision to make a lasting impact, the M.S. Hershey Foundation has taken on various initiatives to accomplish its goals. Among these are the operation of The Hershey Story, Hershey Gardens, Hershey Theatre, and Hershey Community Archives. Through the collective efforts of countless volunteers and generous contributions, the Foundation continues to uplift the community that Milton Hershey had built.
The Hershey Story offers visitors a glimpse into the fascinating history of Milton S. Hershey and his Chocolatetown, USA. The Hershey Gardens, a 23-acre botanical garden, provides a tranquil and educational experience, featuring numerous collections, gardens, and a Butterfly Atrium. Hershey Theatre, an elegant live performance venue, plays host to a diverse lineup of world-class artists and performances. Lastly, the Hershey Community Archives preserves and shares the rich history of the Hershey community through its extensive collections of photographs, documents, and artifacts.
In summary, the M.S. Hershey Foundation works tirelessly to preserve Milton Hershey's legacy and community vision, offering educational and cultural enrichment to the residents of the Hershey area through its various initiatives, including The Hershey Story, Hershey Gardens, Hershey Theatre, and Hershey Community Archives.
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Impact
October, 2024
The Ms. Hershey Foundation has a significant impact on the Hershey community by preserving and enhancing the legacy of Milton Hershey while promoting educational and cultural enrichment for its residents. Through its various initiatives, the Foundation operates key cultural institutions such as The Hershey Story, Hershey Gardens, Hershey Theatre, and Hershey Community Archives.
By offering educational programs and cultural events, the Foundation fosters a vibrant community atmosphere, enriching the lives of Derry Township citizens. The involvement of countless volunteers and generous contributions ensures the continuation of Milton Hershey's vision, making cultural and educational opportunities accessible to all. This commitment not only honors the heritage of the area but also contributes to the overall quality of life in Hershey, PA.
This information is meant to be a general summary of The Ms Hershey Foundation. 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 2023.
- Investment Income: $1,274,795
- Program Service Revenue: $14,586,748
- Gross Receipts: $23,953,719
Assets and Liabilities:
- Total Assets: $69,409,983
- Total Liabilities: $15,762,773
- Net Assets: $53,647,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$12,209,693
MEMBERSHIPS
Revenue
$427,051
THEATRE SERVICE - COMMUNITY RENTALS
Revenue
$173,747
THEATRE FOOD, BEV., & MISC.
Revenue
$1,082,717
THEATRE SERVICE FEE INC
Revenue
$666,112
Organization Details
Founding Year
1935
Principal Officer
Donald Papson
Website
www.mshersheyfoundation.orgNTEE Category
Code: T300 - Philanthropy
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