The Hershey Family Foundation

Organization Overview

The Hershey Family Foundation is located in Boston, MA. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations 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 $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $5.8m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 4 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.

Since 2020, Hershey Family Foundation has awarded 79 individual grants totaling $9,853,159. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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)Compensation
Barry J Hershey
Trustee
$0
Connie Hershey
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $128,298
Dividends & Interest $1,576,896
Net Rental Income$0
Net Gain on Sale of Assets $1,842,795
Capital Gain Net Income $1,842,795
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $29
Total Revenue $3,548,018

Grants Awarded

Over the last fiscal year, The Hershey Family Foundation has awarded $5,597,307 in support to 41 organizations.

Grant RecipientAmount

CASE WESTERN RESERVE UNIV

Org PageRecipient Profile

Cleveland, OH

PURPOSE: THE UNIVERSITY'S COMMITMENT IS TO EXCELLENCE IN TEACHING, RESEARCH AND SCHOLARSHIP. THE UNIVERSITY BRINGS TOGETHER HIGHLY QUALIFIED FACULTY, STUDENTS AND STAFF TO: 1) OFFER UNDERGRADUATE EDUCATION THAT PRESERVES THE STRENGTHS OF THE TRADITIONAL ARTS AND SCIENCES, AND THE PROFESSIONS, 2) PREPARE STUDENTS FOR POSITIONS OF LEADERSHIP IN PROFESSIONS THAT ARE IMPORTANT TO SOCIETY, AND, 3) ADVANCE, THROUGH RESEARCH AND SCHOLARSHIP, THE UNDERSTANDING OF ITS CHOSEN DISCIPLINES AND THEIR APPLICATIONS.

$600,000

MIND AND LIFE INSTITUTE

PURPOSE: FUNDING FOR MEETINGS BETWEEN WESTERN SCIENTISTS AND LEADING CONTEMPLATIVE FIGURES TO STUDY SIMILARITIES AND DIFFERENCES BETWEEN WESTERN SCIENTIFIC PRACTICES AND CONTEMPLATIVE MEDITATIONAL TECHNIQUES.

$593,591

BIDMC

PURPOSE: BETH ISRAEL DEACONESS MEDICAL CENTER SERVES PATIENTS COMPASSIONATELY AND EFFECTIVELY, AND CREATES A HEALTHY FUTURE FOR THEM AND THEIR FAMILIES. OUR MISSION IS SUPPORTED BY OUR COMMITMENT TO PERSONALIZED, EXCELLENT CARE FOR OUR PATIENTS; A WORKFORCE COMMITTED TO INDIVIDUAL ACCOUNTABILITY, MUTUAL RESPECT AND COLLABORATION; AND A COMMITMENT TO MAINTAINING OUR FINANCIAL HEALTH.

$500,000

PARTNERS IN HEALTH

PURPOSE: OUR MISSION IS A PREFERENTIAL OPTION FOR THE POOR IN HEALTH CARE. BY ESTABLISHING LONG-TERM RELATIONSHIPS WITH SISTER ORGANIZATIONS BASED IN SETTINGS OF POVERTY, PARTNERS IN HEALTH STRIVES TO ACHIEVE TWO OVERARCHING GOALS: TO BRING BENEFITS OF MODERN MEDICAL SCIENCE TO THOSE MOST IN NEED OF THEM AND TO SERVE AS AN ANTIDOTE TO DESPAIR.

$350,000

WHOLE SCHOOL MINDFULNESS

PURPOSE: WOMEN'S STUDIO WORKSHOP ENVISIONS A SOCIETY WHERE WOMEN'S VISUAL ART IS INTEGRAL TO THE CULTURAL MAINSTREAM AND PERMANENTLY RECORDED IN HISTORY. OUR MISSION IS TO OPERATE AND MAINTAIN AN ARTISTS' WORKSPACE THAT ENCOURAGES THE VOICE AND VISION OF INDIVIDUAL WOMEN ARTISTS, PROVIDES PROFESSIONAL OPPORTUNITIES FOR ARTISTS AT VARIOUS STAGES OF THEIR CAREERS, AND PROMOTES PROGRAMS DESIGNED TO STIMULATE PUBLIC INVOLVEMENT, AWARENESS, AND SUPPORT FOR THE VISUAL ARTS.

$300,000

KARUNA-SHECHEN

PURPOSE: KARUNA-SHECHEN WORKS TO PROVIDE HEALTH CARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET.

$230,000
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