MILTON HERSHEY SCHOOL & SCHOOL TRUST: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MILTON HERSHEY SCHOOL & SCHOOL TRUST (EIN 23-1353340)
Tax period: 2011-08-01 to 2012-07-31
Filed: 2013-06-17
IRS object ID: 201341689349300309
Schema version: 2011v1.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-06-17T08:37:42-05:00	Timestamp
Tax Period End Date	2012-07-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PricewaterhouseCoopers LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 MARKET ST SUITE 1700	AddressLine1
City	PHILADELPHIA	City
State	PA	State
ZIP Code	19103	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-08-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	231353340	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MILTON HERSHEY SCHOOL AND SCHOOL TRUST	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% GAYLA BUSH HERSHEY TRUST CO	InCareOfName
Name Control	MILT	NameControl
Phone	7175201100	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 445	AddressLine1
City	HERSHEY	City
State	PA	State
ZIP Code	17033	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	GAYLA BUSH	Name
Title	VICE PRESIDENT, FINANCE	Title
Date Signed	2013-06-17	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	2673303000	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	ANTHONY J COLISTRA	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 830	AddressLine1
City	HERSHEY	City
State	PA	State
ZIP Code	17033	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	913849321	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.MHS-PA.ORG	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	SEE SCH O	TypeOfOrgOtherDescription
Year Formation	1909	YearFormation
State Legal Domicile	PA	StateLegalDomicile
Activity Or Mission Description	IN KEEPING WITH MILTON AND CATHERINE HERSHEY'S DEED OF TRUST, MILTON HERSHEY SCHOOL NURTURES AND EDUCATES CHILDREN IN SOCIAL AND FINANCIAL NEED TO LEAD FULFILLING AND PRODUCTIVE LIVES. SEE SCHEDULE O.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	0	NbrIndependentVotingMembers
Total Nbr Employees	1998	TotalNbrEmployees
Total Nbr Volunteers	789	TotalNbrVolunteers
Total Gross UBI	46512	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	40306	ContributionsGrantsPriorYear
Contributions Grants Current Year	30325	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	720033	ProgramServiceRevenuePriorYear
Program Service Revenue CY	667944	ProgramServiceRevenueCY
Investment Income Prior Year	334677188	InvestmentIncomePriorYear
Investment Income Current Year	384479087	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-639841	OtherRevenuePriorYear
Other Revenue Current Year	1201749	OtherRevenueCurrentYear
Total Revenue Prior Year	334797686	TotalRevenuePriorYear
Total Revenue Current Year	386379105	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	6013232	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	5951970	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	102536089	SalariesEtcPriorYear
Salaries Etc Current Year	104441037	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	95611122	OtherExpensePriorYear
Other Expenses Current Year	95687443	OtherExpensesCurrentYear
Total Expenses Prior Year	204160443	TotalExpensesPriorYear
Total Expenses Current Year	206080450	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	130637243	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	180298655	RevenuesLessExpensesCY
Total Assets BOY	8989400274	TotalAssetsBOY
Total Assets EOY	9941648726	TotalAssetsEOY
Total Liabilities BOY	165482063	TotalLiabilitiesBOY
Total Liabilities EOY	199040551	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	8823918211	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	9742608175	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	SEE SCHEDULE O FOR FURTHER DETAILS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	170746864	Expense
Grants	5951970	Grants
Revenue	667944	Revenue
Description	SEE SCHEDULE O FOR FURTHER DETAILS.	Description
Total Program Service Expense	170746864	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	true	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	true	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	239	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	1998	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	0	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	GAYLA BUSH HERSHEY TRUST CO	NamePerson
Telephone Number	7175201100	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 445	AddressLine1
City	HERSHEY	City
State	PA	State
ZIP Code	17033	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (32 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Institutional TrusteeInstitutionalTrustee	Reportable Comp From OrganizationReportableCompFromOrganization	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
ROBERT F CAVANAUGH
BOARD OF MANAGERS	8.8	X	217083	122367
JAMES M MEAD
BOARD OF MANAGERS	5.8	X	175847	83466
JAMES E NEVELS
BOARD OF MANAGERS	3.8	X	468013	122367
VELMA A REDMOND ESQ
BOARD OF MANAGERS	8.6	X	120417	2367
JOSEPH M SENSER
BOARD OF MANAGERS	7.3	X	105000	2367
LEROY S ZIMMERMAN
BOARD OF MANAGERS to 12/11	6.5	X	1289216	56673
BARBARA M BARRETT
BOARD OF MANAGERS to 12/11	10.2	X	107500	2367
ROBERT HEIST
BOARD OF MANAGERS	15.1	X	94167	2367
RICHARD ZILMER
BOARD OF MANAGERS	6.6	X	91667	2367
JAMES M SHEEHAN
Board of Managers to 7/12	6.5	X	114002	14649
HERSHEY TRUST COMPANY
TRUSTEE					X	1000
ELLIOTT H ROBINSON
VP ADMINISTRATION	48.0			70807		225400	X
JOAN K SINGLETON
VP HUMAN RESOURCES	50.0			66240		220866	X
PETER G GURT
SR VP/CHIEF OPERATING OFFICER	55.0			105704		247370	X
ANTHONY J COLISTRA ED D
PRESIDENT	55.0			202752		382048	X
MARY LOUISE PORTER ESQ
GEN CNSL/SEC/VP LEGAL AFFAIRS	50.0		116000	56801		200086	X
WILLIAM DAVIES
CFO & TREASURER	45.0		307494	56825			X
ROBERT J CROBAK
VP CURRICULUM & INSTRUCTION	45.0			44290		150046	X
CONSTANCE M MCNAMARA-JEFFREY
VP - COMMUNICATIONS	50.0			42048		153333	X
MARC A WOOLLEY ESQ
ACTING SECRETARY BEGIN 2/12	50.0		60222	160			X
ROBERT L FEHRS
HEAD-MIDDLE DIVISION	49.0			68602		211582		X
ANNETTE K COLE GILL
HEAD-ELEMENTARY DIVISION	48.0			59017		175526		X
BETH J SHAW
EXEC DIRECTOR- STUDENT SUPPORT	50.0			46284		181452		X
MICHAEL D WELLER
HEAD- SENIOR DIVISION	50.0			59965		169604		X
ALPHONSE J CARBONARA
SR DIRECTOR FINANCIAL SERVICES	40.0			40362		171809		X
TIMOTHY C FAKE
SR DIRECTOR IT	48.0			25299		138303			X
ROBERT J KEMMERY
DIR CAREER & TECH EDUCAT	45.0			32101		125116			X
JOHN J OSMOLINSKI
SR DIR CONSTRUCTION/FAC	50.0			40769		138985			X
STEPHEN MARK SEYMOUR
SR DIR ENROLL MGT/FAMIL	40.0			37325		137011			X
ERICA M WEILER-TIMMONS
DIR PSYCHOLOGICAL SERVICE	50.0			38775		128332			X
RAYMOND GOVER
BOARD OF MANAGERS to 6/11	4.3		51875	2367						X
GAYLA M BUSH
TREASURER to 2/11	53.0		235949	44262						X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3157869	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	3554452	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1552112	TotalOtherCompensation
Number Individuals GT100 K	49	NumberIndividualsGT100K
Formers Listed	true	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
High Construction Company
1853 William Penn Way	LANCASTER	PA	17601	construction	2100467
Bowser Construction Company
PO Box 7105	LANCASTER	PA	17604	construction	2084045
Pyramid Construction Services
840 N Front Street	MAYTOWN	PA	17550	CONSTRUCTION	1921997
SILCHESTER
780 THIRD AVENUE	NEW YORK	NY	10017	INVESTMENT MGMT	1520653
PEPPER HAMILTON LLP
3000 TWO LOGAN SQUARE18TH ARCH S	PHILADELPHIA	PA	191032799	LEGAL	1774521

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	106	NumberOfContractorsGT100K
All Other Contributions	30325	AllOtherContributions
Noncash Contributions	5904	NoncashContributions
Total Contributions	30325	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
AG MILK AND CROP SALES	900099	530104	530104
MEMORABILIA SALES TO PUBLIC	900099	4447	4447
CONCESSION STAND SALES	900099	50428	50428
UTILITIES REBATES	900099	32073	32073
FOOD REBATES	900099	13099	13099

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	37793	TotalRevenueColumn
Related Or Exempt Function Income	37793	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	667944	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	189715072	TotalRevenueColumn
Unrelated Business Revenue	791054	UnrelatedBusinessRevenue
Exclusion	$188,924,018	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	6671921	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	5470172	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	1201749	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	1201749	TotalRevenueColumn
Unrelated Business Revenue	-744542	UnrelatedBusinessRevenue
Exclusion	$1,946,291	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	716637366	Securities
Other	126693	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	521974005	Securities
Other	26039	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	194663361	Securities
Other	100654	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	194764015	TotalRevenueColumn
Exclusion	$194,764,015	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	386379105	TotalRevenueColumn
Related Or Exempt Function Income	667944	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	46512	UnrelatedBusinessRevenue
Exclusion	$385,634,324	ExclusionAmount

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	X	InfoInScheduleOPartIX

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	5951970	Total
Program Services	5951970	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	3032444	Total
Program Services	1672494	ProgramServices
Management And General	1359950	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	64748721	Total
Program Services	61761929	ProgramServices
Management And General	2986792	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	14161287	Total
Program Services	13311610	ProgramServices
Management And General	849677	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	16753733	Total
Program Services	15748509	ProgramServices
Management And General	1005224	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	5744852	Total
Program Services	5400161	ProgramServices
Management And General	344691	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1014877	Total
Management And General	1014877	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	98335	Total
Management And General	98335	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	19510160	Total
Management And General	19510160	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	3274900	Total
Program Services	3274900	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1504092	Total
Program Services	788729	ProgramServices
Management And General	715363	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1713360	Total
Program Services	1575236	ProgramServices
Management And General	138124	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	853419	Total
Program Services	823716	ProgramServices
Management And General	29703	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	5858459	Total
Program Services	5448367	ProgramServices
Management And General	410092	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	1137574	Total
Program Services	1082036	ProgramServices
Management And General	55538	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	119276	Total
Program Services	101990	ProgramServices
Management And General	17286	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	36807558	Total
Program Services	34231029	ProgramServices
Management And General	2576529	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2714490	Total
Program Services	1177663	ProgramServices
Management And General	1536827	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	Program ServicesProgramServices
TRUST EXPENSES	1335142	1335142
FOOD, CLOTHING & HOUSEHOLD	6223590	142985	6080605
SUPPLIES	1849989	39338	1810651
CONTRACTED SERVICES/CONSULTING	5147267	919879	4227388

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	6524955	Total
Program Services	6277881	ProgramServices
Management And General	247074	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	206080450	Total
Program Services	170746864	ProgramServices
Management And General	35333586	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	16995	BOY
EOY	25995	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	127248820	BOY
EOY	89603810	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	47139599	BOY
EOY	16279280	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1252511	BOY
EOY	1301717	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	911750	BOY
EOY	1350776	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1147180381	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	426621382	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	724751142	BOY
EOY	720558999	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1995212953	BOY
EOY	1846367624	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	6092866504	BOY
EOY	7266160525	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	8989400274	BOY
EOY	9941648726	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	165482063	BOY
EOY	199040551	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	165482063	BOY
EOY	199040551	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1025244030	BOY
EOY	996559549	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	7798674181	BOY
EOY	8746048626	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	8823918211	BOY
EOY	9742608175	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	8989400274	BOY
EOY	9941648726	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	180298655	ReconcilationRevenueExpenses
Reconcilation Other Changes	738391309	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbying
Total Direct Lobbying		TotalDirectLobbying
Total Lobbying Expenditures		TotalLobbyingExpenditures
Other Exempt Purpose Expenditures		OtherExemptPurposeExpenditures
Total Exempt Purpose Expenditures		TotalExemptPurposeExpenditures
Lobbying Nontaxable		LobbyingNontaxableAmount
Grassroots Nontaxable		GrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non Tx		TotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying Nontx		TotLobbyExpendMnsLobbyingNontx

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Total	0	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$0	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Total	0	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Total	0	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$0	GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Total	0	Total

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	FORM 990, SCHEDULE C, PART IV	Identifier
Explanation	Although not technically lobbying, the Milton Hershey School and School Trust paid $76,251 during the reporting period to a consultant to maintain contact with local legislators for zoning and transportation issues as well as for security services. The Hershey Trust Company, a for-profit corporation wholly owned by the Milton Hershey School and School Trust, paid a consultant $61,088 during the reporting period for consulting on transportation issues. Of this amount, $31,838 was for Pennsylvania lobbying services. Hershey Entertainment & Resorts Company and The Hershey Company paid a consultant $100,739 during the reporting period for consulting on transportation issues, a portion of which was for Federal lobbying services. Hershey Entertainment & Resorts Company, a for-profit corporation wholly owned by the Milton Hershey School and School Trust, had state lobbying expenses of $126,155 during the reporting period. Their political action committee made disbursements of $6,236 during the reporting period. The Hershey Company, a for-profit corporation, files quarterly lobbyist disclosure reports that detail the issues being lobbied and the dollar value of time dedicated to each reportable issue. These reports are filed as follows: United States House of Representatives (quarterly) ID # 3127490000 United States Senate (quarterly) ID # 18103-12 Pennsylvania Department of State (quarterly) P-00745; L-00972 Filed reports represent expenditures relating to both internal and external resources.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	7798674181	BeginningOfYearBalance
Investment Earnings Or Losses	947374445	InvestmentEarningsOrLosses
End Of Year Balance	8746048626	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	6641166089	BeginningOfYearBalance
Investment Earnings Or Losses	1157508092	InvestmentEarningsOrLosses
End Of Year Balance	7798674181	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	5872192761	BeginningOfYearBalance
Investment Earnings Or Losses	768973328	InvestmentEarningsOrLosses
End Of Year Balance	6641166089	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	6233173623	BeginningOfYearBalance
Investment Earnings Or Losses	-360980862	InvestmentEarningsOrLosses
End Of Year Balance	5872192761	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.00000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	67579446	OtherCostOrOtherBasis
Book Value	67579446	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	123025912	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	868415017	OtherCostOrOtherBasis
Depreciation	359277104	Depreciation
Book Value	632163825	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	88160007	OtherCostOrOtherBasis
Depreciation	67344279	Depreciation
Book Value	20815728	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	720558999	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests
Total Of Book Value Securities	0	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability
Total Of Amounts	0	TotalOfAmounts
Total Revenue	386379105	TotalRevenue
Total Expenses	206080450	TotalExpenses
Excess Or Deficit For Year	180298655	ExcessOrDeficitForYear
Net Unrealized GL On Investments	774626548	NetUnrealizedGLOnInvestments
Other	-$36,235,239	OtherAmount
Total Adjustments	738391309	TotalAdjustments
Excess Or Deficit Per FS	918689964	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	1165807824	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	774626548	NetUnrealizedGainsInvestments
Other Revenues	4802171	OtherRevenues
Revenue Not Rptd F990	779428719	RevenueNotRptdF990
Revenue Subtotal	386379105	RevenueSubtotal
Total Revenue Per Form990	386379105	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	247117860	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	36235239	OtherExpensesIncluded
Expenses Not Rptd F990	36235239	ExpensesNotRptdF990
Expenses Subtotal	210882621	ExpensesSubtotal
Other Expenses Not Included	-4802171	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	-4802171	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	206080450	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE D, PART III, LINE 1A & 4	Identifier
Explanation	MAINTAINING COLLECTIONS OF ART, HISTORICAL TREASURES, OR SIMILAR ASSETS THE ORGANIZATION ELECTED, AS PERMITTED UNDER SFAS 116, NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. THE DEPARTMENT OF SCHOOL HISTORY AND THE MHS HERITAGE CENTER AT KINDERHAUS PROVIDE FOR THE CARE AND MANAGEMENT OF THE HISTORICAL ASSETS OF THE MILTON HERSHEY SCHOOL COMMUNITY. THE HISTORICAL ASSETS (COLLECTION) CONSIST OF ARCHIVAL RECORDS AND DOCUMENTS, THREE DIMENSIONAL OBJECTS, INTERPRETIVE EXHIBITS, AND HISTORICAL CAMPUS BUILDINGS WHICH HELP TO DOCUMENT THE LIVES AND VALUES OF MILTON AND CATHERINE HERSHEY AS FOUNDERS OF OUR SCHOOL, THE HISTORY AND TRADITIONS OF THE SCHOOL AS AN INSTITUTION, AND THE STORIES OF THE STUDENTS, STAFF, AND ALUMNI WHO MAKE UP THE SCHOOL COMMUNITY. EXCLUDED FROM THIS MANDATE ARE LEGAL BOARD RECORDS, STUDENT RECORDS, AND ALUMNI RECORDS. Schedule D, Part V, Line 4 Endowment Funds The endowment funds are to be used to fund the operations of the Milton Hershey School and School Trust. The endowment funds and other investment assets of the Milton Hershey School Trust (the "Assets") are invested for the long term because the school is to exist in perpetuity per the desire of Milton Hershey as stated in the Deed of Trust. The assets are invested to ensure that funds are available to meet current and future obligations of the school. THE BOARD AND THE TRUSTEE CONTINUALLY REVIEW THE PERFORMANCE OF THE ASSETS. THE BOARD ALSO PERIODICALLY REVIEWS THE PROCESS OF INVESTING THE ASSETS WITH THE ASSISTANCE OF THE TRUSTEE AND THIRD-PARTY INVESTMENT CONSULTANTS. THEY HAVE A DISCIPLINED PROCESS TO REVIEW ASSET ALLOCATION, MANAGER SELECTION, AND OUTSIDE MANAGER FEES, AS WELL AS THE DETAILED INVESTMENT POLICY AND GUIDELINES. SCHEDULE D, PART X LINE 2 FIN 48 FOOTNOTE TAX POSITIONS ARE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY THAN-NOT" THRESHOLD FOR POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS THAT RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT SHOULD BE RECORDED. Schedule D, Part XI, Line 8 RECONCILIATION OF CHANGE IN NET ASSETS FROM FORM 990 TO AUDITED FIN STMTS UNRECOGNIZED PENSION & POST RETIREMENT BENEFIT COST 36,235,239 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN RENTAL EXPENSE (RECLASS) 5,470,172 PROGRAM SERVICE REVENUE (RECLASS) (667,944) Interest Income (reclass) (57) _________ 4,802,171 SCHEDULE D, PART XIII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH EXPENSES PER RETURN UNRECOGNIZED PENSION & POST RETIREMENT BENEFIT COST 36,235,239 SCHEDULE D, PART XIII, LINE 4B RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH EXPENSES PER RETURN RENTAL EXPENSE (RECLASS) (5,470,172) PROGRAM SERVICE REVENUE (RECLASS) 667,944 Interest Income (reclass) 57 _________ (4,802,171) SUPPLEMENTAL INFORMATION FORM 990, PARTS VIII AND IX: DETAIL OF REVENUE AND EXPENSES PART VIII, STATEMENT OF REVENUE MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL 1F CONTRIBUTIONS 30,325 - 30,325 2 PROGRAM SERVICE REV - 667,944 667,944 3 INVESTMENT INCOME 189,715,015 57 189,715,072 6 NET RENTAL INCOME 1,201,749 - 1,201,749 7(I) GAIN ON SALE-SECURITIES 194,663,361 - 194,663,361 7(II) GAIN ON SALE-OTHER 39,569 61,085 100,654 ___________ _________ __________ 12 TOTAL REVENUE 385,650,019 729,086 386,379,105 PART IX, STATEMENT OF FUNCTIONAL EXPENSES MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL 2 GRANTS TO INDIVIDUALS - 5,951,970 5,951,970 5 COMPENSATION OFFICERS 1,000 3,031,444 3,032,444 7 OTHER SALARIES & WAGES - 64,748,721 64,748,721 8 PENSION PLAN CONTRIBUTIONS - 14,161,287 14,161,287 9 OTHER EMPLOYEE BENEFITS - 16,753,733 16,753,733 10 PAYROLL TAXES - 5,744,852 5,744,852 11B LEGAL FEES - 1,014,877 1,014,877 11C ACCOUNTING FEES - 98,335 98,335 11F INVEST MGMT FEES 19,510,160 - 19,510,160 11G OTHER FEES FOR SERVICES - 3,274,900 3,274,900 12 ADVERTISING - 1,504,092 1,504,092 13 OFFICE EXPENSES - 1,713,360 1,713,360 14 INFORMATION TECHNOLOGY - 853,419 853,419 16 OCCUPANCY - 5,858,459 5,858,459 17 TRAVEL - 1,137,574 1,137,574 19 CONFERENCES - 119,276 119,276 22 DEPRECIATION - 36,807,558 36,807,558 23 INSURANCE - 2,714,490 2,714,490 24A TRUST EXPENSES () 1,335,142 - 1,335,142 24b FOOD/CLOTHES/HOUSE ITEMS - 6,223,590 6,223,590 24C SUPPLIES - 1,849,989 1,849,989 24D CONTRACTED SERV/CONSULTING - 5,147,267 5,147,267 24E ALL OTHER EXPENSES - 6,524,955 6,524,955 ___________ _________ ___________ 26 TOTAL FUNCTIONAL EXPENSES 20,846,302 185,234,148 206,080,450 () TRUST EXPENSES INCLUDE LEGAL, CONSULTING AND OTHER EXPENSES RELATED TO MANAGEMENT OF THE ENDOWMENT. SUPPLEMENTAL INFORMATION FORM 990, PART X, LINE 27: UNRESTRICTED NET ASSETS MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL CASH 0 25,995 25,995 SAVINGS & TEMP INVEST 48,726,488 0 48,726,488 INVEST: PUBLICLY TRADED 340,762,536 0 340,762,536 INVEST: OTHER 154,281,686 0 154,281,686 ACCOUNTS RECEIVABLE 10,225,816 97,367 10,323,183 INVENTORIES FOR SALE/USE 0 1,301,717 1,301,717 PREPAID/DEFERRED CHARGES 0 1,350,777 1,350,777 PROPERTY EQUIPMT, AT COST 967,010,491 88,160,007 1,055,170,498 LESS: ACCUMULATED DEP. (359,277,104) (67,344,278) (426,621,382) CURRENT LIABILITIES (6,882,461) (181,879,488) (188,761,949) ______________ _____________ ____________ NET UNRESTRICTED ASSETS 1,154,847,452 (158,287,903) 996,559,549 FORM 990, PART X BALANCE SHEET DETAIL PART X, LINE 11 PUBLICLY TRADED SECURITIES/U.S. GOVERNMENT OBLIGATIONS $ 286,260,715 FMV AGENCY BONDS 231,151,821 FMV CORPORATE BONDS 351,215,770 FMV COMMON STOCKS-OTHER 977,739,318 FMV ______________ TOTAL PART X, LINE 11 $1,846,367,624 PART X, LINE 12/SCHEDULE D, PART VII CLOSELY HELD EQUITY INTERESTS THE HERSHEY COMPANY - COMMON SHARES $ 897,719,997 FMV HERSHEY ENTERTAINMENT & RESORTS 269,600,000 FMV HERSHEY TRUST COMPANY 45,800,614 FMV THE HERSHEY CO - CLASS B SHARES 4,348,305,740 FMV ______________ SUB-TOTAL CLOSELY-HELD INTERESTS $5,561,426,351 PART X, LINE 12 (CONTINUED) OTHER FUNDS - OTHER $1,096,974,514 FMV REIT FUNDS 32,613,142 FMV ALTERNATIVE ASSETS-MARKETABLE 160,395,084 FMV ALTERNATIVE ASSETS-NON MARKETABLE 414,751,434 FMV ______________ SUB-TOTAL OTHER $1,704,734,174 ______________ TOTAL PART X, LINE 12 $7,266,160,525	Explanation

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

Field	Value	IRS element (for citing)
Identifier	SCHEDULE E, LINE 3	Identifier
Explanation	The Milton Hershey School annually publishes its non-discrimination policy in newspapers of its general community. The current advertisement was published in the Philadelphia Inquirer, the Patriot News, the Wall Street Journal and the Pittsburgh Post-Gazette. The advertisement reads as follows: The Milton Hershey School admits students of any race, color, national and ethnic origin, religion, gender, disability and any other status protected under federal or Pennsylvania law, to all the rights, privileges, programs and activities generally accorded or made available to students at the school. The Milton Hershey School does not discriminate on the basis of race, color, national and ethnic origin, religion, gender, disability and any other status protected under federal or Pennsylvania law in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.	Explanation

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Total ExpendituresTotalExpenditures
Europe (Including Iceland and Greenland)	Investments	161734278
Central America and the Caribbean	Investments	90693025
North America	Investments	797936
Sub-Saharan Africa	Investments	363390

Field	Value	IRS element (for citing)
Subtotal Amount Spent	253588629	SubtotalAmountSpent
Total Amount Spent	253588629	TotalAmountSpent
Transfer To Foreign Corp	true	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	false	OwnForeignCorp
Passive Foreign Invest Co	true	PassiveForeignInvestCo
Foreign Partnership	true	ForeignPartnership
Boycott Countries	false	BoycottCountries

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	CONTINUING EDUCATION SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	508	NumberOfRecipients
Amount Of Cash Grant	5951970	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE I, PART I, QUESTION 2	Identifier
Return Reference	MONITORING THE USE OF GRANT FUNDS	ReturnReference
Explanation	THE CONTINUING EDUCATION SCHOLARSHIP (CES) HAS BEEN ESTABLISHED TO PROVIDE SCHOLARSHIP ASSISTANCE TO ELIGIBLE MILTON HERSHEY SCHOOL GRADUATES PURSUING FULL-TIME STUDY TOWARDS AN ACCREDITED, CLASSROOM-BASED UNDERGRADUATE PROGRAM OF AT LEAST NINE MONTHS IN LENGTH THAT IS INTENDED TO LEAD TO A DIPLOMA, CERTIFICATE OR DEGREE FROM A U.S. INSTITUTION. THE CES PROGRAM SUPPLEMENTS A STUDENT'S POST-SECONDARY COSTS BY HELPING TO PAY FOR STANDARD FULL-TIME TUITION, FEES, ROOM AND BOARD COSTS (AND POSSIBLY A BASIC COLLEGE HEALTH INSURANCE PLAN) NOT COVERED BY OTHER FORMS OF GIFT AID AT ACCREDITED U.S. SCHOOLS. THE MILTON HERSHEY SCHOOL, THROUGH CES OFFICE STAFF, UTILIZES A COMBINATION OF THE FOLLOWING "SOURCE DOCUMENTS" TO VALIDATE SCHOLARSHIP ELIGIBILITY AND COLLEGE COST & FINANCIAL AID DATA: COLLEGE ACADEMIC TRANSCRIPTS/GRADES, STANDARDIZED COST AND AID ASSESSMENT FORM THAT IS COMPLETED BY THE INSTITUTION'S FINANCIAL AID OFFICE (RELEASE FORM), COLLEGE BILLS, SIGNED COPIES OF LEASES/RENTAL AGREEMENTS, RECEIPTS, DEGREE COMPLETION EVALUATIONS, AND OTHER DOCUMENTATION AS NEEDED. SCHEDULE I, PART III GRANTS & ASSISTANCE TO INDIVIDUALS IN THE U.S. THE MILTON HERSHEY SCHOOL MAINTAINS A CONTINUING EDUCATION SCHOLARSHIP PROGRAM FOR STUDENTS WHO GRADUATED PRIOR TO AND INCLUDING THE SPRING OF 2004, UNDER WHICH GRANTS ARE MADE TO STUDENTS TO PURSUE POSTSECONDARY EDUCATION. THE GRANTS UNDER THIS PROGRAM WILL COVER ALL ELIGIBLE CONTINUING EDUCATION EXPENSES THAT EXCEED GRANTS AID FROM ALL SOURCES AND A $2,000 ANNUAL CONTRIBUTION BY THE STUDENT. THE PAYMENT OF THE FULL AMOUNT OF THESE GRANTS IS DEPENDENT UPON THE STUDENT'S ANNUAL ACADEMIC PERFORMANCE AND CERTAIN OTHER CONDITIONS. A LIABILITY IS ESTABLISHED FOR THE ESTIMATED AMOUNTS TO BE PAID UPON GRANTING OF THE SCHOLARSHIP. SIGNIFICANT ASSUMPTIONS IN DETERMINING THE LIABILITY FOR THIS PROGRAM INCLUDE PARTICIPATION RATES, DISCOUNT RATES, AND COLLEGE TUITION INFLATION RATES, AND ARE BASED ON HISTORICAL TRENDS OF THE PROGRAM. THE MILTON HERSHEY SCHOOL MAINTAINS A CONTINUING EDUCATION SCHOLARSHIP PROGRAM FOR STUDENTS GRADUATING AFTER THE SPRING OF 2004, WHERE SCHOLARSHIP CREDITS ARE EARNED GRADUALLY EACH YEAR OF HIGH SCHOOL. THE MAXIMUM AWARD FOR THE GRADUATING CLASS OF 2012 WILL BE $80,000. THE MAXIMUM AWARD MAY BE INCREASED EVERY YEAR TO MATCH THE AVERAGE U.S. COLLEGE INFLATION RATE. THE EARNING OF THE SCHOLARSHIP AWARD IS DEPENDENT ON THE STUDENTS' ANNUAL ACADEMIC PERFORMANCE AND CERTAIN OTHER CONDITIONS. UPON INCEPTION OF THIS PROGRAM, CURRENT HIGH SCHOOL STUDENTS WERE AWARDED THE SCHOLARSHIP CREDIT FOR GRADES PREVIOUSLY COMPLETED. STUDENTS WHO HAD GRADUATED IN OR PRIOR TO THE SPRING OF 2004 WERE NOT AFFECTED BY THE NEW POLICY. SIGNIFICANT ASSUMPTIONS IN DETERMINING THE LIABILITY FOR THIS PROGRAM INCLUDE PARTICIPATION AND DISCOUNT RATES. THE EXPENSE RECOGNIZED FOR THE CONTINUING EDUCATION PROGRAMS DESCRIBED ABOVE WAS $5,951,970 AND $6,013,232 DURING THE YEARS ENDED JULY 31, 2012 AND 2011, RESPECTIVELY, AND IS INCLUDED IN CONTINUING EDUCATION PROGRAMS ON THE STATEMENT OF ACTIVITIES OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST FINANCIAL STATEMENTS. THE AMOUNT REPORTED COVERS THE 508 STUDENTS CURRENTLY RECEIVING CONTINUING EDUCATION SCHOLARSHIPS AS WELL AS THE 887 STUDENTS EARNING CREDITS TOWARD THEIR FUTURE SCHOLARSHIPS. SCHEDULE I, PART III, COLUMN (C): THE AMOUNT REPORTED IN COLUMN (C) "AMOUNT OF CASH GRANT" CONSISTS OF $5,161,486 OF CASH GRANTS PAID DURING THE YEAR AND $790,484 WHICH REPRESENTS AN INCREASE IN THE TUITION ACCRUAL FOR GRANTS TO BE PAID IN FUTURE YEARS. THE TOTAL OF THESE AMOUNTS IS $5,951,970.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (24 entries)

Comp Based On Related OrgsCompBasedOnRelatedOrgs	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs	Bonus Related OrgsBonusRelatedOrgs	Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg
ROBERT F CAVANAUGH
217083	120000	2367	339450
JAMES M MEAD
175824	81099	2367	259313	23
JAMES E NEVELS
314115	120000	2367	590380	153898	153898
LEROY S ZIMMERMAN
256756	39231	17442	1345889	992460	766726	40000
ELLIOTT H ROBINSON
							196462	28938	49869	20938	296207
JOAN K SINGLETON
							189712	31154	44565	21675	287106
PETER G GURT
							235006	12364	48591	57113	353074
ANTHONY J COLISTRA ED D
		9858	9858				256192	49356	122153	70741	574942	76500
GAYLA M BUSH
164005	35168	9094	280211	2293		69651
MARY LOUISE PORTER ESQ
			116000			116000	199075	1011	29952	26849	256887
WILLIAM DAVIES
243298	36750	20075	364319	1387		62809
ROBERT J CROBAK
							148543	1503	22937	21353	194336
CONSTANCE M MCNAMARA-JEFFREY
							150650	183	20227	21821	195381	2500
ROBERT L FEHRS
							186281	25301	48461	20141	280184
ANNETTE K COLE GILL
							167500	8026	39644	19373	234543
BETH J SHAW
							181088	364	27343	18941	227736
MICHAEL D WELLER
							168647	957	45276	14689	229569
ALPHONSE J CARBONARA
							170014	1795	25903	14459	212171
RAYMOND GOVER
51875		2367	54242
TIMOTHY C FAKE
							138144	159	18137	7162	163602
ROBERT J KEMMERY
							124533	583	18937	13164	157217
JOHN J OSMOLINSKI
							138274	711	21130	19639	179754
STEPHEN MARK SEYMOUR
							136853	158	18092	19233	174336
ERICA M WEILER-TIMMONS
							128241	91	14891	23884	167107

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	SCHEDULE J, PART I, LINE 1A	Identifier
Explanation	TRAVEL FOR COMPANIONS Spouse/Dependent Travel: Spousal travel costs to attend the retreat and/or graduation are treated as taxable income to the board of managers member by Hershey Trust Company. Dependent travel costs to attend graduation are treated as taxable income to the board of managers member by Hershey Trust Company. The Joint Board Travel Reimbursement Policy of Milton Hershey School AND HERSHEY TRUST COMPANY states "Spouses may be invited to Board retreats and graduation at the discretion of the School or Trust Company. Children are not invited to attend regular Board meetings or the retreat. (If children accompany the Board member, all charges related to the children are the responsibility of the Board member.) However, children may be invited to attend the graduation weekend events and celebration. For this occasion, transportation, lodging, and meals for the children, as well as for spouses, will be covered and reported as taxable income to the Board member." SCHEDULE J, PART I, LINE 1A Tax Indemnification and gross-up payments Certain officers of Milton Hershey School received minor gross-up payments. SCHEDULE J, PART I, LINE 1A Housing Allowance or Residence for Personal Use The President and the Senior Vice President/Chief Operating Officer of Milton Hershey School are provided with residences on campus for both public and personal use. The Presidents employment contract includes provisions which require hosting both internal and external events on behalf of the School at the provided home. The Senior Vice President/Chief Operating Officer is required to live on campus as a condition of his employment to provide 24/7 residential and student support, as well as hosting internal campus events. The value of these benefits (fair market value of rental) plus operating costs are nontaxable benefits. Certain Milton Hershey School executives, who serve on the Schools Crisis Response Command and provide leadership to both School operations and within the community of Hershey, are asked to live within 5 miles of the School and are provided with a housing allowance of $15,457 per year, which is included in reportable compensation and is taxable to the employee. Health Club Dues All employees of the Milton Hershey School are eligible for reimbursement of health club dues not to exceed $120 per annum for A single membership and $240 for a family membership. SCHEDULE J Reportable Compensation Mr. and Mrs. Hershey organized the Milton Hershey School ("the School") in the form of a trust ("School Trust") created under an original 1909 Deed of Trust that, as amended, still governs the operation of the School. The Deed of Trust sets forth the respective powers and authorities of the trustee and Managers of the School, names the Hershey Trust Company, a state-chartered trust company, as trustee for compensation of no more than $1,000 per year and provides for the trustee to appoint the individual Managers of the School from its own Board of Directors. The Managers subsequently incorporated. That corporation, acting as manager under the deed of trust, together with the School Trust are the components of the integrated tax-exempt organization, the Milton Hershey School and School Trust (EIN: 23-1353340). Mr. Hershey created the same structure for his other charity, The M.S. Hershey Foundation (EIN: 23-6242734). As a result of the structure created by Mr. Hershey, Hershey Trust Company: (A) serves as trustee for the Milton Hershey School & School Trust (administration of which trust includes responsibility for (1) The Hershey Company, a Fortune 500 company; (2) Hershey Entertainment & Resorts Company, a $269.6 million resort and entertainment company; (3) an actively managed portfolio of approximately $3.7 billion in securities and other investments; and (4) approximately 10,000 acres of real estate); and (B) serves as trustee for the $34.4 million M.S. Hershey Foundation Trust. The compensation of Board members serving on the boards of any of the related for-profit entities (Hershey Trust Company, Hershey Entertainment & Resorts Company and The Hershey Company) is commensurate with their responsibilities with respect to the relevant for-profit entity. The following information details the compensation arrangements of the Board of Managers who are compensated by related for-profit entities. None of the compensation was paid directly by Milton Hershey School and School Trust (EIN 23-1353340). Barbara M. Barrett Compensation reported consists only of director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). Ambassador Barrett retired from the Hershey Trust Company and Milton Hershey School boards in December 2011. Robert F. Cavanaugh Compensation reported consists only of director fees received from related for-profit companies, Hershey Trust Company (EIN 23-0692150) and The Hershey Company (EIN 23-0691590). Raymond L. Gover Compensation reported consists only of director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). Mr. Gover retired in June 2011. Robert C. Heist Mr. Robert C. Heist joined the Hershey Trust Company and Milton Hershey School boards in February 2011. Compensation reported consists only of director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). James M. Mead Compensation reported consists only of director fees received from related for-profit companies, Hershey Trust Company (EIN 23-0692150) and The Hershey Company (EIN 23-0691590). Mr. Mead serves as President of Hershey Trust Company; however, he is not compensated for this position. James E. Nevels Compensation reported consists only of director fees received from related for-profit companies, Hershey Trust Company (EIN 23-0692150) and The Hershey Company (EIN 23-0691590). This report also includes approximately $154,000 of payment of compensation reported on the prior year's Form 990. This compensation, received in 2011, was earned in 2009, and was previously reported as deferred compensation. Velma A. Redmond Compensation reported consists only of director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). Joseph M. Senser Compensation reported consists only of director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). James M. Sheehan, Esq. Mr. Sheehan served as General Counsel of Hershey Trust Company (EIN: 23-0692150), a for-profit related corporation and as the Vice President, Legal Affairs & External Relations of Milton Hershey School (EIN 23-1353340) until June 2010. In August 2010, Mr. Sheehan joined the boards of Hershey Trust Company and Milton Hershey School. Compensation reported includes director fees received from the related for-profit company, Hershey Trust Company. Richard Zilmer Lt. General Richard Zilmer joined the Hershey Trust Company and Milton Hershey School boards in February 2011. Compensation reported includes director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). LeRoy S. Zimmerman Compensation reported consists only of director fees received from related for-profit companies, Hershey Trust Company (EIN 23-0692150), The Hershey Company (EIN 23-0691590) and Hershey Entertainment & Resorts Company (EIN 23-0691815) including amounts that were earned over the prior years of 2007 - 2010 and that were reported as deferred compensation on the Forms 990 for those prior years. Mr. Zimmerman's reportable compensation from The Hershey Company was approximately $1.02 million, of which approximately $992,000 was the payment of compensation in 2011 that had been earned over the period 2007 - 2010. As noted, this earned compensation was previously reported in prior years as deferred compensation on the Forms 990. Mr. Zimmerman's compensation from Hershey Entertainment & Resorts Company and Hershey Trust Company was $129,000 and approximately $138,000 respectively. Mr. Zimmerman retired from the Milton Hershey School, Hershey Trust Company and Hershey Entertainment & Resorts boards in December 2011. He retired from The Hershey Company board in April 2011. The following information details the compensation arrangements of certain officers and key employees of the Milton Hershey School and School Trust. They are compensated by related for-profit entities. Their compensation is determined by independent compensation consultants. This process is based on position comparables taking into account responsibilities and duties, authority, and objectives. None of their compensation, employee benefit contributions or non-taxable benefits was paid directly by the Milton Hershey School and School Trust during the reporting period. Gayla M. Bush Ms. Bush served as the Treasurer of Hershey Trust Company and Milton Hershey School and School Trust until February 2011. She also serves as Vice President, Finance of Hershey Trust Compa	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
HERSHEY ENTERTAINMENT RESORTS CO
COMMON DIRECTORS	508943	PAYMENT OF RENT TO MHS&ST	false
HERSHEY TRUST COMPANY
COMMON DIRECTORS	206509	PAYMENT OF RENT TO MHS&ST	false
HERSHEY ENTERTAINMENT RESORTS CO
COMMON DIRECTORS	685594	REIMBUR. PAID FOR EXPENSES	false
HERSHEY ENTERTAINMENT RESORTS CO
COMMON DIRECTORS	304502	SEE PART V	false

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE L, PART IV, COLUMN (B)	Identifier
Explanation	SEE SCHEDULE J, PART III FOR A DESCRIPTION OF THE COMMON DIRECTOR RELATIONSHIPS. SCHEDULE L, PART IV, ITEM 4 HERSHEY ENTERTAINMENT & RESORTS CO. PROVIDED HERSHEYPARK AND GIANT CENTER TICKETS AND OTHER BENEFITS TO MILTON HERSHEY SCHOOL STUDENTS AT NO COST. THE VALUE OF THESE BENEFITS WAS $304,502.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (13 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART I, LINE 1 & FORM 990, PART III, LINE 1	MILTON HERSHEY SCHOOL & SCHOOL TRUST MISSION	UNABLE TO HAVE CHILDREN OF THEIR OWN, MILTON AND CATHERINE HERSHEY SIGNED THE DEED OF TRUST ESTABLISHING MILTON HERSHEY SCHOOL ("THE SCHOOL") IN 1909. FOR MORE THAN 100 YEARS THE MISSION OF THE SCHOOL HAS REMAINED THE SAME - TO PROVIDE A NURTURING HOME AND SCHOOL TO CHILDREN IN NEED. TODAY, THE SCHOOL SERVES ABOUT 1,866 STUDENTS FROM PRE-K TO 12TH GRADE, WHO COME FROM FAMILIES IN SOCIAL AND FINANCIAL NEED. THE SCHOOL PROVIDES A FAMILY-LIKE COMMUNITY WHICH HOLISTICALLY SUPPORTS EACH STUDENT. MILTON HERSHEY SCHOOL AND SCHOOL TRUST IS UNLIKE ANY OTHER ORGANIZATION. IT MUST OPERATE UNDER THE TERMS OF THE DEED OF TRUST AND PROVIDES A UNIQUE BREADTH OF SERVICES INCLUDING EDUCATION AND GUIDANCE, BOARDING, LODGING, AND CLOTHING, AS WELL AS HEALTH SERVICES, RECREATION AND SOCIAL LIFE ACTIVITIES TO ITS STUDENTS. HOUSING, FOOD, CLOTHING, DENTAL AND MEDICAL CARE ARE PROVIDED TO ALL OF THE CHILDREN SERVED, AT ABSOLUTELY NO FINANCIAL COST TO THE CHILDREN OR THEIR FAMILIES. NO TUITION IS CHARGED, AND FAMILIES ARE NOT SUBJECTED TO ANY FEES. STUDENTS LIVE IN ABOUT 160 STUDENT HOMES WITH 10-12 STUDENTS OF SIMILAR AGES AND THE SAME GENDER, PRIOR TO THEIR SENIOR YEAR. A MARRIED HOUSEPARENT COUPLE LIVES IN EACH HOME, AND ACTS AS SURROGATE PARENTS TO THE STUDENTS, PROVIDING SUPERVISION, COMFORT AND COUNSEL. IN THEIR SENIOR YEAR, THE SCHOOL STUDENTS MOVE IN TO TRANSITIONAL LIVING APARTMENTS AND LIVE TOGETHER IN BUILDINGS WHICH HOUSE SEVERAL TWO-BEDROOM APARTMENTS. THEY ARE RESPONSIBLE FOR MANAGING THEIR MONEY, COOKING SOME OF THEIR OWN MEALS, AND BUDGETING THEIR TIME. THE PROGRAM WAS IMPLEMENTED TO BETTER PREPARE STUDENTS FOR LIFE AFTER GRADUATION. THE SCHOOL CARES FOR ITS STUDENTS 24-HOURS A DAY, AND OPERATES YEAR-ROUND, INCLUDING HOLIDAYS AND DURING THE SUMMER. BECAUSE THE SCHOOL STRIVES TO PREPARE STUDENTS FOR A SUCCESSFUL FUTURE, EVERY HIGH SCHOOL STUDENT CAN EARN APPROXIMATELY $80,000 TO USE FOR POSTSECONDARY EDUCATION. MILTON HERSHEY SCHOOL AND SCHOOL TRUST IS AN INTEGRATED TAX-EXEMPT ORGANIZATION COMPOSED OF THE NOT-FOR-PROFIT CORPORATION, ACTING AS MANAGER UNDER THE DEED OF TRUST, AND THE TRUST ITSELF. THIS INFORMATIONAL RETURN IS REQUIRED TO INCLUDE THE EXPENSES OF THE ORGANIZATION AS A WHOLE, WITH DETAIL AS REQUIRED BY THE FORM INSTRUCTIONS. AS A RESULT, THIS RETURN INCLUDES ALL EXPENSES OF SERVING THE STUDENTS ENROLLED IN THE SCHOOL AND THE COSTS OF ADMINISTERING THE INVESTMENTS HELD IN TRUST.
FORM 990, PART III	PROGRAM SERVICE ACCOMPLISHMENTS	THE SCHOOL PROVIDES FOR THE NEEDS OF THE CHILDREN WHILE THEY RESIDE ON CAMPUS. THE PROVISION OF THE SCHOOL INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING: MILTON HERSHEY SCHOOL AND SCHOOL TRUST PROVIDES FOR THE EDUCATION, PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF ITS STUDENTS. THE SCHOOL HAS A RIGOROUS ACADEMIC PROGRAM WHICH HAS RECEIVED MEASURABLE RESULTS. ALTHOUGH STUDENTS OFTEN COME TO THE SCHOOL WITH KNOWLEDGE FAR BELOW THEIR GRADE-LEVEL, THE DEDICATED STAFF HELP BRIDGE THAT KNOWLEDGE GAP. STUDENTS PERFORM QUITE WELL ON THE STATE STANDARDIZED TESTS, AND EVEN OUTPERFORM STUDENTS FROM SOME OF THE TOP SCHOOL DISTRICTS IN THE STATE IN SOME SUBJECT AREAS. IN ADDITION TO ACADEMICS, THE SCHOOL STRESSES CAREER TECHNICAL EDUCATION, SO THAT EACH STUDENT GRADUATES EQUIPPED TO ENTER THE WORLD OF WORK. ABOUT 97 PERCENT OF 12TH GRADERS COMPLETED AT LEAST ONE STATE OR NATIONAL CERTIFICATION EXAM IN THEIR CAREER/TECHNICAL AREA. THE SCHOOL OPERATES YEAR-ROUND, WITH MORE THAN 70 PERCENT OF ITS STUDENTS ATTENDING DURING ONE OR MORE OF THE BREAKS OR SUMMER WEEKS, AND APPROXIMATELY 350 STUDENTS STAYING ON CAMPUS EVEN DURING HOLIDAY BREAKS. A VARIETY OF PROGRAMS ARE OFFERED THROUGHOUT THE SUMMER, PROVIDING ACADEMIC AND CULTURAL ENRICHMENT FOR THE CHILDREN. STUDENTS LIVE IN STUDENT HOMES WITH 10 TO 12 CHILDREN OF SIMILAR AGES AND THE SAME GENDER. THEY ARE PROVIDED NUTRITIOUS MEALS AND SNACKS. DURING THE PERIOD COVERED BY THIS REPORT, THE SCHOOL'S FOOD SERVICES PROVIDED AN ESTIMATED 2.5 MILLION MEALS, USING 61,000 GALLONS OF MILK, 43,000 POUNDS OF GROUND BEEF, 29,000 DOZEN EGGS, AND 14,000 POUNDS OF AMERICAN CHEESE. IN ADDITION, EACH STUDENT RECEIVES A COMPLETE WARDROBE, INCLUDING EVERYTHING FROM UNDERWEAR AND PAJAMAS, TO SWIMSUITS AND WINTER COATS. THE SCHOOL'S CLOTHING CENTER CONDUCTED 3,626 INDIVIDUAL CLOTHING FITTINGS FOR STUDENTS DURING THIS PERIOD. ALL STUDENTS RECEIVE REGULAR PHYSICAL AND DENTAL CHECKUPS FROM THE SCHOOL, AS WELL AS ANY OTHER NECESSARY HEALTH SERVICES. LAST YEAR, THE SCHOOL'S DENTAL PROFESSIONALS PERFORMED MORE THAN 30,700 PROCEDURES - FROM EXAMS, TEETH CLEANINGS, FILLINGS, EXTRACTIONS, AND ORTHODONTIC WORK. THERE WERE MORE THAN 36,000 MEDICAL VISITS BY STUDENTS TO THE SCHOOL'S MEDICAL PROFESSIONALS, WHICH INCLUDE NURSES, A PHYSICIAN AND CONSULTING MEDICAL SPECIALISTS. IN KEEPING WITH ITS CONCERN FOR THE WELL-BEING OF THE WHOLE STUDENT, THE SCHOOL PROVIDES A VAST NUMBER OF RECREATIONAL OPPORTUNITIES TO ITS STUDENTS. THOSE OPPORTUNITIES INCLUDE ORGANIZED SPORTS ACTIVITIES, VISUAL AND PERFORMING ARTS OPPORTUNITIES, SCOUTING PROGRAMS, ACADEMIC ORGANIZATIONS, AND CLUBS CENTERED ON HOBBIES. IN ALL, THE SCHOOL OFFERS MORE THAN 100 EXTRACURRICULAR ACTIVITIES AND CLUBS.
FORM 990, PART IV, QUESTION 28B	TRANSACTIONS WITH INTERESTED PERSONS	ALTHOUGH NOT REQUIRED TO BE REPORTED ON SCHEDULE L, THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST CHOOSES TO DISCLOSE THE FOLLOWING INFORMATION: ANTHONY B. SEITZ IS A FAMILY MEMBER OF BOARD MEMBER LEROY S. ZIMMERMAN. ANTHONY B. SEITZ IS A PARTIAL OWNER OF DELTA DEVELOPMENT GROUP, INC. (THE COMPANY). THE COMPANY PROVIDES TRANSPORTATION CONSULTING SERVICES FOR HERSHEY ENTERTAINMENT & RESORTS COMPANY AND THE HERSHEY COMPANY. DELTA DEVELOPMENT GROUP, INC. WAS PAID $100,739 IN TOTAL BY THE TWO RELATED COMPANIES DURING THE REPORTING PERIOD.
FORM 990, PART VI, SECTION A, LINE 2	FAMILY/BUSINESS RELATIONSHIP	SEVERAL OF THE BOARD OF MANAGERS MEMBERS AND OFFICERS OF THE FILING ORGANIZATION ALSO SERVE AS DIRECTORS AND OFFICERS OF BUSINESS ENTITIES THAT ARE RELATED TO THIS FILING ORGANIZATION. OTHER THAN THEIR OVERLAPPING SERVICE ON RELATED COMPANY BOARDS, THEY HAVE NO FAMILY OR BUSINESS RELATIONSHIPS WITH EACH OTHER. PLEASE SEE FORM 990, SCHEDULES J AND R FOR FURTHER INFORMATION.
FORM 990, PART VI, SECTION A, LINE 7A	ELECTION OF MEMBERS OF GOVERNING BODY	THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST HAVE A UNIQUE, SELF-PERPETUATING, INTERLOCKING AND INTEGRATED GOVERNANCE STRUCTURE. MR. AND MRS. HERSHEY ORGANIZED THE SCHOOL IN THE FORM OF A TRUST (THE "SCHOOL TRUST") CREATED UNDER AN ORIGINAL 1909 DEED OF TRUST THAT, AS AMENDED, STILL GOVERNS THE OPERATION OF THE SCHOOL. THE DEED OF TRUST SETS FORTH THE RESPECTIVE POWERS AND AUTHORITIES OF THE TRUSTEE AND INDIVIDUAL MANAGERS OF THE SCHOOL AND NAMES THE HERSHEY TRUST COMPANY ("HTC"), A STATE CHARTERED TRUST COMPANY, AS TRUSTEE FOR COMPENSATION OF NO MORE THAN $1,000 PER YEAR. UNDER THE DEED OF TRUST, THE TRUSTEE IS DIRECTED TO HOLD TITLE TO ALL SCHOOL PROPERTY AND ALL INVESTMENTS AND ASSETS THAT SUPPORT THE SCHOOL. THE INDIVIDUAL MANAGERS, IN TURN, ARE NOT PERMITTED TO HOLD SCHOOL ASSETS, BUT ARE OTHERWISE GENERALLY RESPONSIBLE FOR MANAGING THE SCHOOL, INCLUDING WITH RESPECT TO ADMISSIONS, THE PROGRAM OF EDUCATING AND FULL-TIME CARING FOR THE CHILDREN, AND EMPLOYMENT DECISIONS. AS REQUIRED UNDER THE DEED OF TRUST, THE MEMBERS OF THE BOARD OF MANAGERS OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST ARE APPOINTED BY THE TRUSTEE FROM AMONG THE TRUSTEE'S OWN BOARD OF DIRECTORS. SINCE MR. HERSHEY'S DEATH IN 1945, ALL OF THE STOCK OF HTC HAS BEEN OWNED BY THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S 100% OWNERSHIP OF THE STOCK OF HTC HAS ENSURED A SELF-PERPETUATING, INTERLOCKING GOVERNANCE STRUCTURE FOR THE SCHOOL BECAUSE THE HTC STOCK CARRIES THE RIGHT TO ELECT THE DIRECTORS OF HTC AND IN TURN TO APPOINT THE BOARD OF MANAGERS OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST FROM AMONG HTC'S OWN BOARD OF DIRECTORS. THE SAME seven INDIVIDUALS (AS OF 7/31/12) SERVE ON THE BOARD OF DIRECTORS OF HTC AND THE BOARD OF MANAGERS OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST.
FORM 990, PART VI, SECTION B, LINE 11	FORM 990 REVIEW PROCESS	THE FORM 990 IS REVIEWED BY MILTON HERSHEY SCHOOL AND SCHOOL TRUST MANAGEMENT, OUTSIDE COUNSEL AND BY MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S INDEPENDENT TAX ADVISOR, WHO SIGNS THE RETURN AS THE "PAID PREPARER." THE AUDIT COMMITTEE OF THE BOARD OF MANAGERS REVIEWS AND DISCUSSES THE FORM 990 AT ONE OF ITS SCHEDULED MEETINGS PRIOR TO FILING THE RETURN WITH THE IRS. ADDITIONALLY, THE FORM 990 IS PROVIDED TO THE FULL BOARD OF MANAGERS, NOTING KEY DISCLOSURES, PRIOR TO THE FILING OF THE FORM 990 WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST	THE BOARD OF MANAGERS, OFFICERS AND KEY EMPLOYEES OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST HAVE A FIDUCIARY RELATIONSHIP WITH THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST WHICH REQUIRES THAT THEY ACT IN GOOD FAITH WITH REGARD TO THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S BEST INTERESTS. IT IS ESSENTIAL IN FULFILLING THEIR DUTIES THAT THEY APPLY THE HIGHEST MORAL, LEGAL, AND ETHICAL STANDARDS IN THEIR CONDUCT AND BUSINESS RELATIONSHIPS. THE MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY, TRUSTEE FOR THE MILTON HERSHEY SCHOOL TRUST, HAVE WRITTEN CONFLICT OF INTEREST POLICIES WHICH ARE INTENDED TO PERMIT THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST AND ITS MANAGERS, OFFICERS AND OTHER KEY EMPLOYEES TO IDENTIFY, EVALUATE AND ADDRESS ANY CONFLICT OF INTEREST THAT MIGHT CALL INTO QUESTION THIS FIDUCIARY DUTY TO THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST. THE CONFLICT OF INTEREST POLICY COVERING THE MANAGERS OF THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST AND THE DIRECTORS OF HERSHEY TRUST COMPANY IS DOCUMENTED IN THEIR GOVERNANCE GUIDELINES MANUAL. THE CONFLICT OF INTEREST POLICY COVERING OFFICERS AND OTHER KEY EMPLOYEES OF MILTON HERSHEY SCHOOL IS DOCUMENTED IN MILTON HERSHEY SCHOOL'S CONFLICT OF INTEREST POLICY AND CODE OF ETHICS. THE CONFLICT OF INTEREST POLICY COVERING OFFICERS AND OTHER KEY EMPLOYEES OF HERSHEY TRUST COMPANY, TRUSTEE FOR MILTON HERSHEY SCHOOL AND SCHOOL TRUST, IS DOCUMENTED IN HERSHEY TRUST COMPANY'S ETHICAL STANDARDS, CONFLICT OF INTEREST, AND CODE OF CONDUCT SECTIONS OF ITS POLICY MANUALS. EACH MANAGER, DIRECTOR, OFFICER AND KEY EMPLOYEE IS REQUIRED TO AVOID ALL ACTIVITY THAT COULD CREATE A CONFLICT OF INTEREST OR EVEN GIVE AN APPEARANCE OF A CONFLICT OF INTEREST. ANY CONFLICTS OF INTEREST ARE TO BE REPORTED AS SOON AS PRACTICAL AFTER THEY BECOME AWARE OF SUCH A CONFLICT. ANNUALLY EACH MANAGER, DIRECTOR, OFFICER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AN ANNUAL STATEMENT OF DISCLOSURE. THE FORMS IDENTIFY VENDORS, INVESTMENTS, OTHER BOARD MEMBERSHIPS, AND FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE STATEMENTS ARE REVIEWED BY THE COMPLIANCE OFFICER AND DEPUTY GENERAL COUNSEL OF HERSHEY TRUST COMPANY IN ORDER FOR THEM TO BE AWARE OF ACTIVITIES THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. POTENTIAL CONFLICTS OF INTEREST RELATED TO MANAGERS, DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE BROUGHT TO THE ATTENTION OF THE PRESIDENT OF MILTON HERSHEY SCHOOL OR THE CHIEF EXECUTIVE OFFICER OR COMPLIANCE OFFICER OF HERSHEY TRUST COMPANY. THE RELEVANT EXECUTIVE (OR HIS DESIGNEE) DETERMINES THE CORRECTIVE MEASURE, IF ANY, TO BE TAKEN TO RESOLVE THE CONFLICT, OR WILL IMPOSE APPROPRIATE RESTRICTIONS, IF ANY, ON THE PERSON WITH THE CONFLICT. FOR CONFLICTS OF INTEREST INVOLVING THE EXECUTIVES OR MANAGERS/DIRECTORS, THE MATTER WOULD BE DISCUSSED WITH THE NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS OF THE HERSHEY TRUST COMPANY AND THE BOARD OF MANAGERS OF THE MILTON HERSHEY SCHOOL. THE NOMINATING AND GOVERNANCE COMMITTEE, IN CONSULTATION WITH THE OTHER BOARD MEMBERS, EXCLUDING SUCH CONFLICTED PERSON, HAS THE FINAL APPROVAL OF ANY RECOMMENDED CORRECTIVE MEASURES OR IMPOSED RESTRICTIONS.
FORM 990, PART VI, SECTION B, LINES 15A AND 15B	COMPENSATION PROCESS	AN INDEPENDENT COMPENSATION CONSULTANT EVALUATES AND COMPARES THE COMPENSATION OF THE OFFICERS AND SENIOR DIRECTORS OF MILTON HERSHEY SCHOOL AND SCHOOL TRUST TO SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS TO DETERMINE THAT IT IS FAIR AND REASONABLE. THIS PROCESS OCCURS AT THE INITIAL HIRE OF THE OFFICER/SENIOR DIRECTOR AND AT REGULAR INTERVALS THEREAFTER, BUT NOT LESS FREQUENTLY THAN EVERY FIVE YEARS. THE COMPENSATION INFORMATION IS REVIEWED AND APPROVED BY THE BOARD OF MANAGERS, THE GOVERNING BODY OF THE MILTON HERSHEY SCHOOL, WHO DO NOT HAVE ANY CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS OF THE OFFICERS AND SENIOR DIRECTORS. THE REVIEW OF THE COMPENSATION OF THE OFFICERS AND SENIOR DIRECTORS, INCLUDING DETAIL ON THE DELIBERATIONS AND DECISIONS, IS CONTEMPORANEOUSLY DOCUMENTED WITHIN THE MINUTES FROM THE BOARD MEETING. A FILE WITH POSITION DESCRIPTIONS, RESUMES OF OFFICERS AND SENIOR DIRECTORS, THE REPORT OF THE INDEPENDENT COMPENSATION CONSULTANT AND A COPY OF THE APPLICABLE BOARD MINUTES IS MAINTAINED BY THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST. THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF HERSHEY TRUST COMPANY, TRUSTEE OF MILTON HERSHEY SCHOOL AND SCHOOL TRUST IS DETERMINED BY PERIODIC REVIEW (GENERALLY, AT LEAST EVERY 3 YEARS) BY THIRD PARTY COMPENSATION CONSULTANTS TO DETERMINE IT IS FAIR AND REASONABLE. THE COMPENSATION OF THE STATUTORY OFFICERS (PRESIDENT, SECRETARY, AND TREASURER) AND ALSO THE COMPLIANCE OFFICER IS FIXED BY THE BOARD OF DIRECTORS OF HERSHEY TRUST COMPANY IN ACCORDANCE WITH SECTION 5 OF ITS BYLAWS. THE CHIEF EXECUTIVE OFFICER OF HERSHEY TRUST COMPANY APPROVES COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES AND REPORTS THIS COMPENSATION TO THE BOARD OF DIRECTORS OR A DESIGNATED COMMITTEE OF THE BOARD OF DIRECTORS AS ANY CHANGES ARE MADE. THE MEMBERS OF THE BOARD OF MANAGERS OF MILTON HERSHEY SCHOOL AND SCHOOL TRUST DO NOT RECEIVE ANY DIRECT COMPENSATION FROM MILTON HERSHEY SCHOOL AND SCHOOL TRUST. THE MANAGERS RECEIVE COMPENSATION FROM HERSHEY TRUST COMPANY AS DIRECTORS OF THE TRUST COMPANY IN ACCORDANCE WITH SECTION 16 OF ITS BYLAWS. THE COMPENSATION IS REVIEWED AT LEAST EVERY THREE YEARS BY NATIONALLY RECOGNIZED THIRD PARTY COMPENSATION CONSULTANTS. INDEPENDENT COUNSEL OPINES ON THE COMPENSATION PROCESS FOR DETERMINING COMPENSATION OF OFFICERS, AS APPROPRIATE, THAT IS IN ACCORDANCE WITH THE "REBUTTABLE PRESUMPTION OF REASONABLENESS" PROCEDURES SET OUT IN THE REGULATIONS FOR SECTION 4958 OF THE INTERNAL REVENUE CODE.
FORM 990, PART VI, SECTION C, LINE 17	STATE FILING OF FORM 990	THE FORM 990 IS NOT REQUIRED TO BE FILED IN THE STATE OF PENNSYLVANIA; HOWEVER, A COPY IS DELIVERED TO THE PENNSYLVANIA OFFICE OF THE ATTORNEY GENERAL FOR THEIR REVIEW.
FORM 990, PART VI, SECTION C, LINE 19	PUBLIC AVAILABILITY OF GOVERNING DOCUMENTS	THE DEED OF TRUST ESTABLISHING THE MILTON HERSHEY SCHOOL TRUST IS POSTED ON THE MILTON HERSHEY SCHOOL WEBSITE. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST DOES NOT MAKE AVAILABLE TO THE PUBLIC ITS OTHER GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST DOES HAVE ITS FORM 990 POSTED ON ANOTHER WEBSITE, GUIDESTAR. INCLUDED IN THE 990 ARE CERTAIN FINANCIAL STATEMENT COMPONENTS FOR REVIEW. THE FORM 990 AND TAX EXEMPTION LETTER ARE PROVIDED TO ANYONE WHO REQUESTS THEM IN ACCORDANCE WITH IRS REGULATIONS.
FORM 990, PART IX	STATEMENT OF FUNCTIONAL EXPENSES	DURING THE PREPARATION OF THE IRS FORM 990 FOR FISCAL YEAR ENDED 7/31/2012, MILTON HERSHEY SCHOOL & SCHOOL TRUST REVIEWED THE IRS AND APPLICABLE INDUSTRY GUIDANCE IN DETERMINING THE METHODS OF COST ALLOCATIONS REQUIRED TO PREPARE PART IX STATEMENT OF FUNCTIONAL EXPENSES. BASED ON THIS ANALYSIS, IN ACCORDANCE WITH APPLICABLE GUIDANCE, CERTAIN COST ALLOCATION METHODS WERE REVISED FOR REPORTING OF EXPENSES ON PART IX STATEMENT OF FUNCTIONAL EXPENSES.
FORM 990, PART IX, LINE 11G	OTHER FEES FOR SERVICE	THIS AMOUNT IS FOR HOSPITAL, MEDICAL, AND DENTAL SERVICES PROVIDED FOR THE STUDENTS.
FORM 990, PART XI, LINE 5	RECONCILIATION OF NET ASSETS	UNREALIZED GAIN $774,626,548 DECREASE-UNRECOGNIZED PENSION SERVICE COST (36,235,239) _____________ $738,391,309

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Total IncomeTotalIncome	EOY AssetsEOYAssets	Business Name Line1DirectControllingEntityName/BusinessNameLine1
MHST CORPUS LLC
PO BOX 445	HERSHEY	PA	17033	271451942	RE RENTAL	PA	648171	11353000	MHS TRUST
MHST INCOME LLC
PO BOX 445	HERSHEY	PA	17033	271451914	RE RENTAL	PA	0	0	MHS TRUST

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrgControlledOrg
THE MS HERSHEY FOUNDATION
PO BOX 445	HERSHEY	PA	17033	236242734	EDUCATION	PA	501(C)(3)	9	HTC TRUSTEE	false
THE WILLIAM E DEARDEN ALUMNI CAMPUS INC
PO BOX 830	HERSHEY	PA	17033	202579678	SVCS TO ALUM	PA	501(C)(3)	7	NA	false
HERSHEY CEMETERY COMPANY
PO BOX 445	HERSHEY	PA	17033	231973529	CEMETERY	PA	501(C)(13)	N/A	NA	false

Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Type Of EntityTypeOfEntity	Share Of Total IncomeShareOfTotalIncome	Share Of EOY AssetsShareOfEOYAssets	Percentage OwnershipPercentageOwnership
HERSHEY TRUST COMPANY
PO BOX 445	HERSHEY	PA	17033	230692150	STATE TRUST C	PA	HTC TRUSTEE	C CORP	24380054	63775937	1.00000
HERSHEY ENTERTAINMENT & RESORTS CO
27 W CHOCOLATE	HERSHEY	PA	17033	230691815	ENTERTAINMENT	PA	HTC TRUSTEE	C CORP	252233623	306323052	1.00000
THE HERSHEY CO
100 CRYSTAL A DR	HERSHEY	PA	17033	230691590	CONFECTIONARY	PA	HTC TRUSTEE	C CORP	905871139	1384267809	0.80000

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	true	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	true	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	true	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	true	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
HERSHEY ENTERTAINMENT & RESORTS CO
A	508943	FMV
HERSHEY TRUST COMPANY
A	206509	FMV
THE MS HERSHEY FOUNDATION
A	4500	FMV
HERSHEY ENTERTAINMENT & RESORTS CO
o	685584	FMV
HERSHEY TRUST COMPANY
N	96594	FMV
HERSHEY ENTERTAINMENT & RESORTS CO
c	304502	FMV

Form990 Schedule R Part VII Form990ScheduleRPartVII

Field	Value	IRS element (for citing)
Identifier	SCHEDULE R, PART I	Identifier
Explanation	Disregarded Entities The Milton Hershey School and School Trust owns 100% of MHST Corpus LLC and MHST Income LLC. Both are Pennsylvania single-member limited liability companies. The LLCs' principal activity are the acquisition, holding and development of rent-producing real estate, and their principal source of revenue is rent. They are disregarded single-member LLCs for tax purposes. MHST Corpus LLC holds investment real estate; MHST Income LLC does not currently have any assets or income. All of MHST Corpus LLC's rental income and expenses are included in the Milton Hershey School and School Trust's financial statements. SCHEDULE R, PART II RELATED TAX-EXEMPT ORGANIZATIONS The M.S. Hershey Foundation (EIN 23-6242734) is a Pennsylvania nonprofit that is exempt from Federal income tax pursuant to Internal Revenue Code Section 501(c)(3). Milton Hershey funded the Foundation in 1935 and appointed Hershey Trust Company as its trustee. The Foundation has several operations in Hershey, Pennsylvania including the Hershey Story, Hershey Gardens, Hershey Community Archives and the Hershey Theatre. The members of the Board of Managers of the Foundation are appointed by the Hershey Trust Company, in its capacity as trustee, from among its own board of directors. Together the trustee and board of managers serve as the governing body of the Foundation. Hershey Cemetery Company (EIN 23-1973529) is a Pennsylvania cemetery company that is exempt from Federal income tax pursuant to INTERNAL REVENUE CODE Section 501(c)(13). Hershey Trust Company operates the Cemetery Company and is trustee of the Hershey Cemetery Perpetual Maintenance Fund Trust (EIN: 23-6629638) that was established to provide funding for perpetual maintenance for the Hershey Cemetery. Hershey Cemetery is the final resting place of Milton & Catherine Hershey. The Hershey Trust Company and the Hershey Cemetery Company are related to Milton Hershey School and School Trust. The WILLIAM E. DEARDEN ALUMNI CAMPUS, INC. (EIN 20-2579678) is a Pennsylvania nonprofit that is exempt from Federal income tax pursuant to Internal Revenue Code Section 501(c)(3). The nonprofit's mission is to promote and enhance the education and general welfare of the students and alumni of the School; to achieve closer cooperation between the School and alumni, in the interest of the education and general welfare of the students and alumni; to develop among teachers, administration, students, alumni and the general public such programs and activities as will secure for all students and alumni the highest advantages in physical, mental and social education and development; to serve as a clearing house for the gathering and dissemination of information and know-how in furtherance of the foregoing purposes; and to solicit and accept donations, gifts, grants, legacies and bequests to further the foregoing purposes. Per its governing instrument, several of the board members are selected from the officers of the Milton Hershey School and School Trust or are appointed by the President of the Milton Hershey School. SCHEDULE R, PART IV RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST The Milton Hershey School and School Trust holds 32.5% of the outstanding combined Common and Class B shares of the Hershey Company. Each share of the Class B common stock entitles its holder to 10 votes. The Milton Hershey School and School Trust has 80% of all votes entitled to be cast on matters requiring the vote of common stock and class B common stock voting together. Columns (F) and (G) reflect the Milton Hershey School and School Trust's 32.5% share of the Hershey Company's total income and end-of-year assets. Column (H) reflects the Milton Hershey School and School Trust's total combined voting power. (PERCENTAGES AS OF DECEMBER 31, 2011) SCHEDULE R, PART V, LINE 2 (ITEM 6) HERSHEY ENTERTAINMENT & RESORTS CO. PROVIDED HERSHEYPARK AND GIANT CENTER TICKETS AND OTHER BENEFITS TO MILTON HERSHEY SCHOOL STUDENTS AT NO COST. THE VALUE OF THESE BENEFITS WAS $304,502. The following is a transaction between the Milton Hershey School and School Trust and related organizations reported on Schedule R, Parts II and IV that is not required to be reported per the instructions to Schedule R because it is below the threshold. Fee for performance of trustee service by Hershey Trust Company was $1,000.	Explanation