MILTON HERSHEY SCHOOL & SCHOOL TRUST: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: MILTON HERSHEY SCHOOL & SCHOOL TRUST (EIN 23-1353340)
Tax period: 2010-08-01 to 2011-07-31
Filed: 2012-06-15
IRS object ID: 201231679349300023
Schema version: 2010v3.7
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	2012-06-15T11:04:03-04:00	Timestamp
Tax Period End Date	2011-07-31	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	2010-08-01	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)
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 M BUSH	Name
Title	TREASURER AND VP FINANCE - HTC	Title
Date Signed	2012-06-11	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Eric M McNeil	Name
Phone	2673303000	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	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	1542775231	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	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	0	NbrIndependentVotingMembers
Total Nbr Employees	1998	TotalNbrEmployees
Total Nbr Volunteers	617	TotalNbrVolunteers
Total Gross UBI	-241805	TotalGrossUBI
Net Unrelated Business Txbl Income	-261699	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	41874	ContributionsGrantsPriorYear
Contributions Grants Current Year	40306	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	636525	ProgramServiceRevenuePriorYear
Program Service Revenue CY	720033	ProgramServiceRevenueCY
Investment Income Prior Year	211039271	InvestmentIncomePriorYear
Investment Income Current Year	334677188	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-112726	OtherRevenuePriorYear
Other Revenue Current Year	-639841	OtherRevenueCurrentYear
Total Revenue Prior Year	211604944	TotalRevenuePriorYear
Total Revenue Current Year	334797686	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	2762757	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	6013232	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	103186517	SalariesEtcPriorYear
Salaries Etc Current Year	102536089	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	102312426	OtherExpensePriorYear
Other Expenses Current Year	95611122	OtherExpensesCurrentYear
Total Expenses Prior Year	208261700	TotalExpensesPriorYear
Total Expenses Current Year	204160443	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3343244	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	130637243	RevenuesLessExpensesCY
Total Assets BOY	7738773688	TotalAssetsBOY
Total Assets EOY	8989400274	TotalAssetsEOY
Total Liabilities BOY	168602026	TotalLiabilitiesBOY
Total Liabilities EOY	165482063	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	7570171662	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	8823918211	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	MILTON HERSHEY SCHOOL AND SCHOOL TRUST MISSION - SEE SCHEDULE O FOR FURTHER DETAILS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	169157979	Expense
Grants	6013232	Grants
Revenue	720033	Revenue
Description	SEE SCHEDULE O FOR FURTHER DETAILS.	Description
Total Program Service Expense	169157979	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	285	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	true	ForeignFinancialAccount
Name Of Foreign Country	LU	NameOfForeignCountry
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	10	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	NamePerson
Telephone Number	7175201100	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	HERSHEY TRUST CO 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 OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Institutional TrusteeInstitutionalTrustee	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
ROBERT F CAVANAUGH
BOARD OF MANAGERS	5.0	X	0	205360	123254
RAYMOND L GOVER
BOARD OF MANAGERS	2.5	X	0	119456	3254
JAMES M MEAD
BOARD OF MANAGERS	4.0	X	0	125000	3254
JAMES E NEVELS
BOARD OF MANAGERS	3.5	X	0	459616	123254
VELMA A REDMOND ESQ
BOARD OF MANAGERS	5.0	X	0	122740	3254
ROBERT M REESE
BOARD OF MANAGERS	57.0	X	0	943479	37321
JOSEPH M SENSER
BOARD OF MANAGERS	5.0	X	0	112500	3254
LEROY S ZIMMERMAN
BOARD OF MANAGERS	4.5	X	0	273500	219001
BARBARA M BARRETT
BOARD OF MANAGERS	8.0	X	0	55833	3254
ROBERT HEIST
BOARD OF MANAGERS (BEGIN 2/11)		X	0	0	0
RICHARD ZILMER
BOARD OF MANAGERS (BEGIN 2/11)		X	0	0	0
JAMES M SHEEHAN
VP LEGAL AFFAIRS	40.0	X	146248	121744	49185
HERSHEY TRUST COMPANY
TRUSTEE			1000	0	0	X
ELLIOTT ROBINSON
VP ADMINISTRATION	48.0		220384	0	71659		X
JOAN SINGLETON
VP HUMAN RESOURCES	50.0		216712	0	65052		X
PETER GURT
SR VP/CHIEF OPERATING OFFICER	50.0		262498	0	91509		X
ANTHONY J COLISTRA ED D
PRESIDENT	50.0		366057	26667	183562		X
GAYLA M BUSH
TREASURER AND VP FINANCE - HTC	43.0		0	235693	44999		X
MARY LOUISE PORTER ESQ
GEN CNSL/SEC/VP LEGAL AFFAIRS	50.0		108418	178185	39632		X
WILLIAM DAVIES
CFO & TREASURER	48.0		0	272753	61142		X
ROBERT CROBAK
VP CURRICULUM & INSTRUCTION	45.0		138507	0	35251		X
CONNIE MCNAMARA
VP - COMMUNICATIONS	50.0		128120	0	37681		X
ROBERT FEHRS
HEAD-MIDDLE DIVISION	50.0		204532	0	67087			X
ANNETTE COLE GILL
HEAD-ELEMENTARY DIVISION	48.0		172167	0	59442			X
BETH SHAW
EXEC DIRECTOR- STUDENT SUPPORT	50.0		178867	0	41563			X
MIKE WELLER
HEAD- SENIOR DIVISION	50.0		166422	0	64422			X
AL CARBONARA
SR DIRECTOR FINANCIAL SERVICES	40.0		170335	0	41484			X
MARLENE NAVADOENDS 311
DIRECTOR DENTAL SERVICES	45.0		163364	0	24582				X
SANDRA WALLS-CULOTTAENDS 110
SR DIR APPLIED&INTEGRATED SVCS	40.0		154318	0	2963				X
JAMES CARTER
DIRECTOR HOME LIFE	45.0		191346	0	20437				X
SANDRA BARNES
DIRECTOR ASSES PROG EVAL	45.0		145587	0	4929				X
SCOTT RICHARDSON
DIRECTOR SPRINGBOARD ACD	45.0		145876	0	21527				X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3280758	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	3252526	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1547208	TotalOtherCompensation
Number Individuals GT100 K	73	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
BDT CAPITAL
NORTH MICHIGAN AVENUE	CHICAGO	IL	60611	INVESTMENT BANKING	2150053
DAVIS POLK WARDELL
450 LEXINGTON AVENUE	NEW YORK	NY	10017	LEGAL	1916748
RANDALL YOST CONSTRUCTION
PO BOX 692	MAYTOWN	PA	17550	CONSTRUCTION	1622104
SILCHESTER
780 THIRD AVENUE	NEW YORK	NY	10017	INVESTMENT MGMT	1384560
BOSTON COMPANY
ONE BOSTON PLACE	BOSTON	MA	02108	INVESTMENT MGMT	1245797

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	83	NumberOfContractorsGT100K
All Other Contributions	40306	AllOtherContributions
Total Contributions	40306	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
AG MILK AND CROP SALES	900099	548323	548323
MEMORABILIA SALES TO PUBLIC	900099	5902	5902
CONCESSION STAND SALES	900099	51147	51147
UTILITIES REBATES	900099	70369	70369
FOOD REBATES	900099	11928	11928

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	32364	TotalRevenueColumn
Related Or Exempt Function Income	32364	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	720033	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	176022363	TotalRevenueColumn
Unrelated Business Revenue	791836	UnrelatedBusinessRevenue
Exclusion	$175,230,527	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	6045472	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	6685313	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-639841	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-639841	TotalRevenueColumn
Unrelated Business Revenue	-1033641	UnrelatedBusinessRevenue
Exclusion	$400,636	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	1359866248	Securities
Other	80809	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	1200555469	Securities
Other	736763	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	159310779	Securities
Other	-655954	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	158654825	TotalRevenueColumn
Exclusion	$158,654,825	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	334797686	TotalRevenueColumn
Related Or Exempt Function Income	720033	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	-241805	UnrelatedBusinessRevenue
Exclusion	$334,285,988	ExclusionAmount

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	6013232	Total
Program Services	6013232	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	2928130	Total
Program Services	1664401	ProgramServices
Management And General	1263729	ManagementAndGeneral
Fundraising	0	Fundraising

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	62778392	Total
Program Services	59573270	ProgramServices
Management And General	3205122	ManagementAndGeneral
Fundraising	0	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	14844942	Total
Program Services	13805796	ProgramServices
Management And General	1039146	ManagementAndGeneral
Fundraising	0	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	16217774	Total
Program Services	15082530	ProgramServices
Management And General	1135244	ManagementAndGeneral
Fundraising	0	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	5766851	Total
Program Services	5363171	ProgramServices
Management And General	403680	ManagementAndGeneral
Fundraising	0	Fundraising

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	328757	Total
Program Services	0	ProgramServices
Management And General	328757	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	103108	Total
Program Services	0	ProgramServices
Management And General	103108	ManagementAndGeneral
Fundraising	0	Fundraising

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	18249825	Total
Program Services	0	ProgramServices
Management And General	18249825	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	3372577	Total
Program Services	3372577	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1369575	Total
Program Services	753182	ProgramServices
Management And General	616393	ManagementAndGeneral
Fundraising	0	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1813015	Total
Program Services	1631830	ProgramServices
Management And General	181185	ManagementAndGeneral
Fundraising	0	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	514401	Total
Program Services	509166	ProgramServices
Management And General	5235	ManagementAndGeneral
Fundraising	0	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	7290954	Total
Program Services	6787651	ProgramServices
Management And General	503303	ManagementAndGeneral
Fundraising	0	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	630163	Total
Program Services	619526	ProgramServices
Management And General	10637	ManagementAndGeneral
Fundraising	0	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	95127	Total
Program Services	83983	ProgramServices
Management And General	11144	ManagementAndGeneral
Fundraising	0	Fundraising

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	37911578	Total
Program Services	35257768	ProgramServices
Management And General	2653810	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	3062352	Total
Program Services	842065	ProgramServices
Management And General	2220287	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
TRUST EXPENSES	1879699	0	1879699
FOOD, CLOTHING & HOUSEHOLD	6041525	5904906	136619
SUPPLIES	1760360	1720262	40098
CONTRACTED SERVICES/CONSULTING	5513682	4740381	773301
EQUIP RENTAL & MAINTENANCE	2864970	2678821	186149

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	2809454	Total
Program Services	2753461	ProgramServices
Management And General	55993	ManagementAndGeneral
Fundraising	0	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	204160443	Total
Program Services	169157979	ProgramServices
Management And General	35002464	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
EOY	16995	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	74445817	BOY
EOY	127248820	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	19380064	BOY
EOY	47139599	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1304048	BOY
EOY	1252511	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	2133346	BOY
EOY	911750	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1115347397	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	390596255	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	727059462	BOY
EOY	724751142	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1863164333	BOY
EOY	1995212953	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	5051286618	BOY
EOY	6092866504	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	7738773688	BOY
EOY	8989400274	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	168602026	BOY
EOY	165482063	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	168602026	BOY
EOY	165482063	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	929005573	BOY
EOY	1025244030	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	6641166089	BOY
EOY	7798674181	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7570171662	BOY
EOY	8823918211	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7738773688	BOY
EOY	8989400274	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	130637243	ReconcilationRevenueExpenses
Reconcilation Other Changes	1123109306	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
Federal Grant Audit Required	false	FederalGrantAuditRequired

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

Total Grassroots Lobbying TotalGrassrootsLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals
Affiliated Group Totals	0	AffiliatedGroupTotals

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
Current Year	0	CurrentYear
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
Current Year	0	CurrentYear
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
Current Year	0	CurrentYear
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
Current Year	0	CurrentYear
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 $76,314 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 $81,476 during the reporting period for consulting on transportation issues. Of this amount, $42,476 was for Pennsylvania lobbying services. Hershey Trust Company, Hershey Entertainment & Resorts Company, and The Hershey Company paid a consultant $103,226 during the reporting period for consulting on transportation issues. Of this amount, $48,625 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 $125,717 during the reporting period. Their political action committee made disbursements of $14,654 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	6641166089	BeginningOfYearBalance
Investment Earnings Or Losses	1157508092	InvestmentEarningsOrLosses
End Of Year Balance	7798674181	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

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 Minus2 Years CurrentYearMinus2Years

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)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
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	67562619	OtherCostOrOtherBasis
Book Value	67562619	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	107267096	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	856587227	OtherCostOrOtherBasis
Depreciation	327147562	Depreciation
Book Value	636706761	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	83930455	OtherCostOrOtherBasis
Depreciation	63448693	Depreciation
Book Value	20481762	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	724751142	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	334797686	TotalRevenue
Total Expenses	204160443	TotalExpenses
Excess Or Deficit For Year	130637243	ExcessOrDeficitForYear
Net Unrealized GL On Investments	1095942546	NetUnrealizedGLOnInvestments
Other	$27,166,760	OtherAmount
Total Adjustments	1123109306	TotalAdjustments
Excess Or Deficit Per FS	1253746549	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	1463872272	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	1095942546	NetUnrealizedGainsInvestments
Other Revenues	27166760	OtherRevenues
Revenue Not Rptd F990	1123109306	RevenueNotRptdF990
Revenue Subtotal	340762966	RevenueSubtotal
Other Revenues Not Included	-5965280	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-5965280	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	334797686	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	210125723	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	5965280	OtherExpensesIncluded
Expenses Not Rptd F990	5965280	ExpensesNotRptdF990
Expenses Subtotal	204160443	ExpensesSubtotal
Total Expenses Per Form990	204160443	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 ADOPTED THIS GUIDANCE EFFECTIVE AUGUST 1, 2009. THE MILTON HERSHEY SCHOOL AND SCHOOL TRUST'S ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS TO RECOGNIZE TAX POSITIONS IF THEY ARE PROBABLE OF BEING ULTIMATELY 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 27,166,760 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN UNRECOGNIZED PENSION & POST RETIREMENT BENEFIT COST 27,166,760 SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN RENTAL EXPENSE (RECLASS) (6,685,313) PROGRAM SERVICE REVENUE (RECLASS) 720,033 _________ (5,965,280) SCHEDULE D, PART XIII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH REVENUE PER RETURN RENTAL EXPENSE (RECLASS) 6,685,313 PROGRAM SERVICE REVENUE (RECLASS) (720,033) _________ 5,965,280 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 40,306 - 40,306 2 PROGRAM SERVICE REV - 720,033 720,033 3 INVESTMENT INCOME 176,022,363 - 176,022,363 6 NET RENTAL INCOME (639,841) - (639,841) 7(I) GAIN ON SALE-SECURITIES 159,310,779 - 159,310,779 7(II) GAIN ON SALE-OTHER (721,270) 65,316 (655,954) ___________ _______ ___________ 12 TOTAL REVENUE 334,012,337 785,349 334,797,686 PART IX, STATEMENT OF FUNCTIONAL EXPENSES MILTON HERSHEY MILTON HERSHEY TOTAL LINE SCHOOL TRUST SCHOOL 2 GRANTS TO INDIVIDUALS - 6,013,232 6,013,232 5 COMPENSATION OFFICERS 1,000 2,927,130 2,928,130 7 OTHER SALARIES & WAGES - 62,778,392 62,778,392 8 PENSION PLAN CONTRIBUTIONS - 14,844,942 14,844,942 9 OTHER EMPLOYEE BENEFITS - 16,217,774 16,217,774 10 PAYROLL TAXES - 5,766,851 5,766,851 11B LEGAL FEES - 328,757 328,757 11C ACCOUNTING FEES - 103,108 103,108 11F INVEST MGMT FEES 18,249,825 - 18,249,825 11G OTHER FEES FOR SERVICES - 3,372,577 3,372,577 12 ADVERTISING - 1,369,575 1,369,575 13 OFFICE EXPENSES - 1,813,015 1,813,015 14 INFORMATION TECHNOLOGY - 514,401 514,401 16 OCCUPANCY - 7,290,954 7,290,954 17 TRAVEL - 630,163 630,163 19 CONFERENCES - 95,127 95,127 22 DEPRECIATION - 37,911,578 37,911,578 23 INSURANCE - 3,062,352 3,062,352 24A TRUST EXPENSES () 1,879,699 - 1,879,699 24b FOOD/CLOTHES/HOUSE ITEMS - 6,041,525 6,041,525 24C SUPPLIES - 1,760,360 1,760,360 24D CONTRACTED SERV/CONSULTING - 5,513,682 5,513,682 24E EQUIPMENT MAINTENANCE - 2,864,970 2,864,970 24F ALL OTHER EXPENSES - 2,809,454 2,809,454 ___________ ___________ ___________ 26 TOTAL FUNCTIONAL EXPENSES 20,130,524 184,029,919 204,160,443 () 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 16,995 16,995 SAVINGS & TEMP INVEST 45,083,326 0 45,083,326 INVEST: PUBLICLY TRADED 354,514,660 0 354,514,660 INVEST: OTHER 43,202,797 0 43,202,797 ACCOUNTS RECEIVABLE 9,136,566 131,448 9,268,014 INVENTORIES FOR SALE/USE 0 1,252,511 1,252,511 PREPAID/DEFERRED CHARGES 0 911,750 911,750 PROPERTY EQUIPMT, AT COST 1,018,882,235 83,930,455 1,102,812,690 LESS: ACCUMULATED DEP. (327,147,561) (63,448,693 (390,596,254) CURRENT LIABILITIES (4,166,896) (137,055,563) (141,222,459) NET UNRESTRICTED ASSETS 1,139,505,127 (114,261,097) 1,025,244,030 FORM 990, PART X BALANCE SHEET DETAIL PART X, LINE 11 PUBLICLY TRADED SECURITIES/U.S. GOVERNMENT OBLIGATIONS $ 258,105,297 FMV AGENCY BONDS 237,147,432 FMV CORPORATE BONDS 318,211,519 FMV COMMON STOCKS-OTHER 1,181,748,705 FMV ______________ TOTAL PART X, LINE 11 $1,995,212,953 PART X, LINE 12/SCHEDULE D, PART VII CLOSELY HELD EQUITY INTERESTS THE HERSHEY COMPANY - COMMON SHARES $ 706,257,481 FMV HERSHEY ENTERTAINMENT & RESORTS 279,600,000 FMV HERSHEY TRUST COMPANY 52,337,387 FMV THE HERSHEY CO - CLASS B SHARES 3,420,941,957 FMV ______________ SUB-TOTAL CLOSELY-HELD INTERESTS $4,459,136,825 PART X, LINE 12 (CONTINUED) OTHER FUNDS - OTHER $1,164,248,611 FMV REIT FUNDS 14,388,133 FMV ALTERNATIVE ASSETS-MARKETABLE 85,800,103 FMV ALTERNATIVE ASSETS-NON MARKETABLE 369,292,832 FMV ______________ SUB-TOTAL OTHER $1,633,729,679 TOTAL PART X, LINE 12 $6,092,866,504	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 APPLICATION FOR ADMISSION STATES "MILTON HERSHEY SCHOOL ADMITS STUDENTS OF ANY RACE AND DOES NOT DISCRIMINATE IN THE ADMINISTRATION OF ITS POLICIES AND PROGRAMS." THE POLICY IS AVAILABLE ON OUR WEBSITE AND IN VARIOUS PUBLICATIONS AND CORRESPONDENCE WITH PROSPECTIVE STUDENTS.	Explanation

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

Field	Value	IRS element (for citing)
Region	Europe (Including Iceland and Greenland)	Region
Type Of Activities Conducted	Investments	TypeOfActivitiesConducted
Total Expenditures	175632433	TotalExpenditures

Field	Value	IRS element (for citing)
Subtotal Amount Spent	175632433	SubtotalAmountSpent
Total Amount Spent	175632433	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	504	NumberOfRecipients
Amount Of Cash Grant	6013232	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 2011 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 $6,013,232, AND $2,762,757 DURING THE YEARS ENDED JULY 31, 2011 AND 2010, 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 504 STUDENTS CURRENTLY RECEIVING CONTINUING EDUCATION SCHOLARSHIPS AS WELL AS THE 882 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 $4,804,365 OF CASH GRANTS PAID DURING THE YEAR AND $1,208,867 WHICH REPRESENTS AN INCREASE IN THE TUITION ACCRUAL FOR GRANTS TO BE PAID IN FUTURE YEARS. THE TOTAL OF THESE AMOUNTS IS $6,013,232.	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	true	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)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
ROBERT F CAVANAUGH
0	205360	0	0	0	0	0	120000	0	3254	0	328614	0	0
JAMES E NEVELS
0	310893	0	0	0	148723	0	120000	0	3254	0	582870	0	148723
ROBERT M REESE
0	735206	0	10000	0	198273	0	7350	0	29971	0	980800	0	0
LEROY S ZIMMERMAN
0	233500	0	40000	0	0	0	200000	0	19001	0	492501	0	0
ELLIOTT ROBINSON
191445	0	0	0	28939	0	49284	0	22375	0	292043	0	0	0
JOAN SINGLETON
187498	0	0	0	29214	0	44144	0	20908	0	281764	0	0	0
PETER GURT
231376	0	0	0	31122	0	49684	0	41825	0	354007	0	0	0
ANTHONY J COLISTRA ED D
250330	0	75000	26667	40727	0	89963	0	82989	10610	539009	37277	0	0
GAYLA M BUSH
0	159354	0	74120	0	2219	0	35118	0	9881	0	280692	0	0
MARY LOUISE PORTER ESQ
107915	89435	0	88140	503	610	16500	0	11195	11937	136113	190122	0	0
WILLIAM DAVIES
0	234080	0	37314	0	1359	0	36750	0	24392	0	333895	0	0
ROBERT CROBAK
137758	0	0	0	749	0	16500	0	18751	0	173758	0	0	0
CONNIE MCNAMARA
127730	0	0	0	390	0	17046	0	20635	0	165801	0	0	0
ROBERT FEHRS
179098	0	0	0	25434	0	47299	0	19788	0	271619	0	0	0
ANNETTE COLE GILL
163958	0	0	0	8209	0	39035	0	20407	0	231609	0	0	0
BETH SHAW
178432	0	0	0	435	0	23375	0	18188	0	220430	0	0	0
MIKE WELLER
165288	0	0	0	1134	0	48693	0	15729	0	230844	0	0	0
AL CARBONARA
168517	0	0	0	1818	0	25785	0	15699	0	211819	0	0	0
MARLENE NAVADOENDS 311
163132	0	0	0	232	0	18103	0	6479	0	187946	0	0	0
SANDRA WALLS-CULOTTAENDS 110
20431	0	0	0	133887	0	2927	0	36	0	157281	0	0	0
JAMES CARTER
82761	0	0	0	108585	0	11827	0	8610	0	211783	0	0	0
JAMES M SHEEHAN
132348	121744	0	0	13900	0	38218	0	7713	3254	192179	124998	0	0
SANDRA BARNES
28484	0	1000	0	116103	0	3338	0	1591	0	150516	0	0	0
SCOTT RICHARDSON
80238	0	0	0	65638	0	10670	0	10857	0	167403	0	0	0

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 Housing Allowance or Residence for Personal Use Certain Milton Hershey School officers are provided with a housing allowance of $15,457 per year, which is included in reportable compensation and is taxable to them. The President and the Senior Vice President/Chief Operating Officer of Milton Hershey School are provided residences on campus for their personal and public use. These residences are owned by the Milton Hershey School Trust. The president has an employment contract which includes a provision to provide housing. The senior vice president/chief operating officer responsibilities include residential and student support. He is required to live on campus as a condition of his employment for the convenience of the school. The value of these benefits (fair market value of rental) plus operating costs are nontaxable benefits. SCHEDULE J, PART I, LINE 1A TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: CERTAIN OFFICERS OF THE MILTON HERSHEY SCHOOL RECEIVE MINOR TAX GROSS-UP PAYMENTS. 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, PART I LINE 4A SEVERANCE WAS PROVIDED AS FOLLOWS: SANDRA WALLS-CULOTTA - SENIOR DIRECTOR (ENDS 1/10) $133,838 SCOTT RICHARDSON - DIRECTOR SPRINGBOARD $ 65,520 SANDRA BARNES - DIRECTOR ASSESS PROG EVAL $116,043 JAMES CARTER - DIRECTOR HOME LIFE $108,355 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 $279.6 million resort and entertainment company; (3) an actively managed portfolio of approximately $3.7 billion in securities and other investments; and (4) approximately 12,000 acres of real estate); and (B) serves as trustee for the $34 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 joined the Hershey Trust Company and Milton Hershey School boards in August 2010. 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). James M. Mead Compensation reported consists only of director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). 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). Velma A. Redmond Compensation reported consists only of director fees received from a related for-profit company, Hershey Trust Company (EIN 23-0692150). Robert Reese Mr. Reese served on the boards of Milton Hershey School (EIN 23-1353340), Hershey Trust Company (EIN 23-0692150) and Hershey Entertainment & Resorts Company (EIN 23-0691815) until February 2011. He did not receive director fees from Milton Hershey School or Hershey Trust Company. He did receive compensation and non-taxable benefits from Hershey Entertainment & Resorts Company (EIN 23-0691590) as well as compensation from Hershey Trust Company in his role as the Managing Director (Chief Executive Officer) until October 31, 2010. He also received compensation as a former officer of The Hershey Company. 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, as well as employee compensation from Hershey Trust Company and the Milton Hershey School. The amounts reported in columns (D) of Part VII and row (i) of Schedule J were paid by Milton Hershey School. 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). Mr. Robert C. Heist and Lt. General Richard Zilmer joined the Hershey Trust Company and Milton Hershey School boards in February 2011. As 2010 compensation is required to be reported on this 990, no amounts are reported for these directors. 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 Company (EIN: 23-0692150), a for-profit related corporation. None of her compensation, employee benefit contributions or non-taxable benefits was paid by Milton Hershey School & School Trust. William E. Davies Mr. Davies serves as the Chief Financial Officer (effective November 2009) and Treasurer (effective February 2011) of Milton Hershey School and School Trust and Hershey Trust Company (EIN: 23-0692150). Mr. Davies previously served as Treasurer of Hershey Entertainment & Resorts Company (EIN: 23-0691815), a for-profit company wholly owned by Milton Hershey School and School Trust until November 2009. None of his compensation, em	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (6 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
HERSHEY ENTERTAINMENT RESORTS CO
COMMON DIRECTORS	490173	PAYMENT OF RENT TO MHS&ST	false
HERSHEY TRUST COMPANY
COMMON DIRECTORS	414641	PAYMENT OF RENT TO MHS&ST	false
HERSHEY ENTERTAINMENT RESORTS CO
COMMON DIRECTORS	540615	REIMBUR. PAID FOR EXPENSES	false
THE HERSHEY COMPANY
COMMON DIRECTORS	1414808	SEE PART V	false
HERSHEY TRUST COMPANY
COMMON DIRECTORS	157801	REIMBUR. FOR SHARED EMPLOYEES	false
HERSHEY ENTERTAINMENT RESORTS CO
COMMON DIRECTORS	260707	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 THE MILTON HERSHEY SCHOOL CELEBRATED ITS 100-YEAR ANNIVERSARY IN 2009. THE HERSHEY COMPANY PARTICIPATED IN THE SCHOOL'S ANNIVERSARY DURING 2009, AND CONTINUING INTO 2010, BY SPONSORING TELEVISION ADVERTISEMENTS, DOCUMENTARIES, AND PROMOTION OF THE MILTON HERSHEY SCHOOL AS WELL AS CANDY PACKAGING ADVERTISEMENTS. THE VALUE OF THIS BENEFIT DURING THE REPORTING PERIOD WAS $1,414,808. SCHEDULE L, PART IV, 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 $260,707.	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 1,850 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 MORE THAN 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 SUMMER WEEKS, AND APPROXIMATELY 190 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 APPROXIMATELY 2.5 MILLION MEALS, USING 66,000 GALLONS OF MILK, 53,000 POUNDS OF GROUND BEEF, 29,000 DOZEN EGGS, AND 11,000 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 3,554 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 TEETH CLEANINGS TO ORTHODONTIC WORK. THERE WERE MORE THAN 35,000 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 TRUST COMPANY, HERSHEY ENTERTAINMENT & RESORTS COMPANY AND THE HERSHEY COMPANY. DELTA DEVELOPMENT GROUP, INC. WAS PAID $103,226 IN TOTAL BY THE THREE 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 TEN INDIVIDUALS (AS OF 7/31/11) 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 GENERAL COUNSEL OF THE MILTON HERSHEY SCHOOL AS WELL AS 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 7/31/2011, 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 $1,095,942,546 DECREASE-UNRECOGNIZED PENSION SERVICE COST 27,166,760 ______________ $1,123,109,306

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	380910	12377823	NA
MHST INCOME LLC
PO BOX 445	HERSHEY	PA	17033	271451914	RE RENTAL	PA	0	0	NA

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
THE MS HERSHEY FOUNDATION
PO BOX 445	HERSHEY	PA	17033	236242734	EDUCATION	PA	501(C)(3)	9	HTC TRUSTEE
THE WILLIAM E DEARDEN ALUMNI CAMPUS INC
PO BOX 830	HERSHEY	PA	17033	202579678	SVCS TO ALUM	PA	501(C)(3)	7	NA
HERSHEY CEMETERY COMPANY
PO BOX 445	HERSHEY	PA	17033	231973529	CEMETERY	PA	501(C)(13)		NA

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	11790724	56445653	1.00000
HERSHEY ENTERTAINMENT & RESORTS CO
27 W CHOCOLATE	HERSHEY	PA	17033	230691815	ENTERTAINMENT	PA	HTC TRUSTEE	C CORP	282517468	316944348	1.00000
THE HERSHEY CO
100 CRYSTAL A DR	HERSHEY	PA	17033	230691590	CONFECTIONARY	PA	HTC TRUSTEE	C CORP	868137364	1336102784	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	false	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 (8 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
HERSHEY ENTERTAINMENT & RESORTS CO
A	490173
HERSHEY TRUST COMPANY
A	414641
THE MS HERSHEY FOUNDATION
A	4475
HERSHEY ENTERTAINMENT & RESORTS CO
O	540615
THE HERSHEY COMPANY
P	1414808
THE MS HERSHEY FOUNDATION
P	54288
HERSHEY TRUST COMPANY (ITEM 7)
N	157801
HERSHEY ENTERTAINMENT & RESORTS CO (ITEM 8)
P	260707

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 32.2% 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 32.2% 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, 2010) SCHEDULE R, PART V TRANSACTIONS WITH RELATED ORGANIZATIONS SCHEDULE R, PART V, LINE 2 (ITEM 5) THE MILTON HERSHEY SCHOOL CELEBRATED ITS 100-YEAR ANNIVERSARY IN 2009. THE HERSHEY COMPANY PARTICIPATED IN THE SCHOOL'S ANNIVERSARY DURING 2009, AND CONTINUING INTO 2010, BY SPONSORING TELEVISION ADVERTISEMENTS, DOCUMENTARIES, AND PROMOTION OF THE MILTON HERSHEY SCHOOL AS WELL AS CANDY PACKAGING ADVERTISEMENTS. THE VALUE OF THIS BENEFIT DURING THE REPORTING PERIOD WAS $1,414,808. SCHEDULE R, PART V, LINE 2 (ITEM 8) 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 $260,707. 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