Hershey Family Foundation
- Assets
- $614.8k
- Revenue
- $347.5k
- Investments
- $563.9k
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 06-6487586
Organization Overview
Hershey Family Foundation is located in Bonita Springs, FL. The organization was established in 2000. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hershey Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hershey Family Foundation generated $347.5k in total revenue. All expenses for the organization totaled $47.9k during the year ending 12/2021. While expenses have increased by 77.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan L Hershey Grantor | 2 | $0 | |
Terry Hershey Grantor | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $167,167 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,820 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $174,501 |
| Capital Gain Net Income | $174,501 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $347,488 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,625 |
| Total operating and administrative expenses | $6,527 |
| Contributions, gifts, grants paid | $41,363 |
| Total expenses and disbursements | $47,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,947 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $614,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hershey Family Foundation has awarded $41,363 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Evergreen, CO PURPOSE: FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $22,863 |
TART TRAILS INC PURPOSE: FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $8,500 |
MIAMI UNIVERSITY DAVID HERSHEY SCHOLARSHIP PURPOSE: FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $5,000 |
MIAMI UNIVERSITY ENVIRONMENTAL SCHOLARSHIP PURPOSE: FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Broward Performing Arts Foundation Inc Fort Lauderdale, FL | $22,267,625 | $6,295,369 |
Alabama Educational Television Foundation Authority Birmingham, AL | $11,749,441 | $5,899,982 |
Udt-Seal Museum Association Inc Fort Pierce, FL | $11,703,499 | $4,225,376 |
Tampa Bay Performing Arts Center Foundation Inc Tampa, FL | $58,693,450 | $5,079,168 |
Bellingrath Gardens And Home Foundation Inc Theodore, AL | $4,998,208 | $3,680,917 |
Sarasota Performing Arts Center Foundation Inc Sarasota, FL | $17,775,293 | $3,231,495 |
The Callanwolde Foundation Inc Atlanta, GA | $3,540,357 | $1,973,152 |
Birmingham Negro Southern League Museum Foundation Birmingham, AL | $525,950 | $1,055,962 |
John & Mable Ringling Museum Of Art Foundation Sarasota, FL | $7,269,339 | $1,949,232 |
Liberty Regional Medical Center Inc Hinesville, GA | $65,773 | $1,307,530 |
Friends Of The Uffizi Gallery Inc Palm Beach, FL | $431,458 | $549,429 |
Jacksonville Symphony Foundationinc Jacksonville, FL | $11,614,969 | $1,244,585 |