The Hershey Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $587K in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $159K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$587K
+19.2% YoY
Annual Giving
$100K
+201.5% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$20K
+261.8% YoY
Under IRS private-foundation payout rules, The Hershey Family Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hershey Family Foundation
Based on IRS filings
The Hershey Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $587K in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $159K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $586,804 | $492,246 | $482,076 |
| Revenue | $247,895 | $84,304 | $-44,018 |
| Expenses | $109,584 | $40,577 | $101,123 |
| Qualifying Distributions | $99,500 | $33,000 | $88,000 |
| Net Investment Income | $158,990 | $1,274 | — |
| Distributable Amount | $28,387 | $25,704 | $27,446 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nmc Foundation ($75,000), Traverse Symphony Orchestra ($10,000), Mountain Area Land Trust ($9,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHWESTERN UNIVERSITY EVANSTON, IL | FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $5,000 |
| TRAVERSE SYMPHONY ORCHESTRA TRAVERSE CITY, MI | FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $10,000 |
| HABITAT FOR HUMANITY AMERICUS, GA | FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $500 |
| MOUNTAIN AREA LAND TRUST EVERGREEN, CO | FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $9,000 |
| NMC FOUNDATION TRAVERSE CITY, MI | FOR UNRESTRICTED USE IN EXEMPT PURPOSE | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN L HERSHEY | GRANTOR | 2 | — |
| TERRY HERSHEY | GRANTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hershey Family Foundation?
The Hershey Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in BONITA SPRINGS, FL. It holds $587K in total assets as of 2024.
How large is The Hershey Family Foundation?
As of 2024, The Hershey Family Foundation holds $587K in total assets with $248K in annual revenue. It awarded 5 grants totaling $100K in 2024.
Where does The Hershey Family Foundation operate?
The Hershey Family Foundation has awarded grants in Colorado, District of Columbia, Florida, Georgia, Illinois, Michigan, Ohio, Pennsylvania.
What size grants does The Hershey Family Foundation award?
In 2024, The Hershey Family Foundation awarded 5 grants totaling $100K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Hershey Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hershey Family Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hershey Family Foundation's EIN?
The Hershey Family Foundation's EIN (Employer Identification Number) is 06-6487586. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hershey Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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