Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE HERSHEY FAMILY FOUNDATION
CHOATE HALL & STEWART LLP C CASEY
Number and street (or P.O. box number if mail is not delivered to street address)2 INTERNATIONAL PLACE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02110
A Employer identification number

34-1574366
B Telephone number (see instructions)

(617) 248-4078
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$80,820,803J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 115,208 115,208  
4 Dividends and interest from securities... 2,305,903 2,305,903  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 414,842
b Gross sales price for all assets on line 6a 2,703,679
7 Capital gain net income (from Part IV, line 2)... 414,842
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3 3 0
12 Total. Add lines 1 through 11........ 2,835,956 2,835,956 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
28,236 0 0 28,236
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
31,705 31,705 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
43,121 18,121 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 103,062 49,826 0 28,236
25 Contributions, gifts, grants paid....... 6,543,094 6,543,094
26 Total expenses and disbursements. Add lines 24 and 25 6,646,156 49,826 0 6,571,330
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,810,200
b Net investment income (if negative, enter -0-) 2,786,130
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 18,547,420 5,682,618 5,682,618
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
9,739,922 		9,997,090
b Investments—corporate stock (attach schedule)....... 18,324,650 Click to see attachment
List of Attached Documents:
// Content
17,648,947 		50,866,492
c Investments—corporate bonds (attach schedule)....... 6,176,049 Click to see attachment
List of Attached Documents:
// Content
6,898,899 		6,850,455
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,085,655 Click to see attachment
List of Attached Documents:
// Content
5,282,054 		7,424,148
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 48,133,774 45,252,440 80,820,803
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 48,133,774 45,252,440
29 Total net assets or fund balances (see instructions)..... 48,133,774 45,252,440
30 Total liabilities and net assets/fund balances (see instructions). 48,133,774 45,252,440
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
48,133,774
2
Enter amount from Part I, line 27a .....................
2
-3,810,200
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,063,815
4
Add lines 1, 2, and 3 ..........................
4
45,387,389
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
134,949
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
45,252,440
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a US TRUST #6247   2022-01-01 2023-12-31
b VANGUARD #0675   2023-01-01 2023-12-31
c US TRUST #1676   2022-01-01 2023-12-31
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 103,870   11,014 92,856
b 319,809     319,809
c 2,280,000   2,277,823 2,177
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       92,856
b       319,809
c       2,177
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 414,842
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 319,809
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 38,727
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 38,727
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 38,727
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 29,351
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 54,351
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 312
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 15,312
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow15,312 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
 
No
Website addressright arrowN/A
14
The books are in care ofright arrowBARRY J HERSHEY Telephone no.right arrow (617) 248-4078

Located atright arrowCHOATE HALL STEWART 2 INTL PLACEBOSTONMA ZIP+4right arrow02110
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
BARRY J HERSHEY TRUSTEE
0.10 		0 0 0
CHOATE HALL STEWART/ CCASEY 2
INTERNATIONAL PLACE
BOSTON,MA02110
CONNIE HERSHEY TRUSTEE
0.10 		0 0 0
CHOATE HALL STEWART/ CCASEY 2
INTERNATIONAL PLACE
BOSTON,MA02110
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 N/A 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
70,012,662
b
Average of monthly cash balances.......................
1b
10,768,876
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
80,781,538
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
80,781,538
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,211,723
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
79,569,815
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,978,491
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,978,491
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
38,727
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
38,727
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,939,764
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,939,764
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,939,764
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,571,330
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,571,330
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 3,939,764
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 2,277,765
b From 2019...... 1,992,198
c From 2020...... 470,582
d From 2021...... 1,200,686
e From 2022...... 2,714,844
f Total of lines 3a through e ........ 8,656,075
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,571,330
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 3,939,764
e Remaining amount distributed out of corpus 2,631,566
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 11,287,641
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		2,277,765
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		9,009,876
10 Analysis of line 9:
a Excess from 2019.... 1,992,198
b Excess from 2020.... 470,582
c Excess from 2021.... 1,200,686
d Excess from 2022.... 2,714,844
e Excess from 2023.... 2,631,566
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
BARRY J HERSHEY
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN REPERTORY THEATRE

64 BRATTLE ST
CAMBRIDGE,MA02138 		NONE PC FUNDING HELPS EXPAND THE BOUNDARIES OF THEATRE, PRODUCTION, PERFORMING, AND PRESENTING LITERARY WORKS. 100,000

BIDMC

330 BROOKLINE AVE
BOSTON,MA02215 		NONE PC BETH ISRAEL DEACONESS MEDICAL CENTER SERVES PATIENTS COMPASSIONATELY AND EFFECTIVELY, AND CREATES A HEALTHY FUTURE FOR THEM AND THEIR FAMILIES. OUR MISSION IS SUPPORTED BY OUR COMMITMENT TO PERSONALIZED, EXCELLENT CARE FOR OUR PATIENTS; A WORKFORCE COMMITTED TO INDIVIDUAL ACCOUNTABILITY, MUTUAL RESPECT AND COLLABORATION; AND A COMMITMENT TO MAINTAINING OUR FINANCIAL HEALTH. 500,000

BROWN UNIVERSITY

38 GEORGE STREET
PROVIDENCE,RI02912 		NONE PC FUNDING TO BROWN UNIVERSITY FOR CONTEMPLATICE STUDIES INITIATIVE. 70,000

COMTEMPLATIVE SEMESTER (BARRE CENTER)

149 LOCKWOOD RD
BARRE,MA01005 		NONE PC PURPOSE IS TO OFFER THE INTEGRATION OF STUDY AND PRACTICE IN EXPLORING THE MANY STREAMS OF TEACHING AND EXPRESSION THAT FLOW FROM THE SOURCES OF EARLY BUDDHISM. ONLINE AND ONSITE PROGRAMS SUPPORT PERSONAL TRANSFORMATION. 100,000

DALAI LAMA CTR FOR ETHICS & TRANSFORMATIVE VALUES

77 MASSACHUSETTS AVE
CAMBRIDGE,MA02139 		NONE PC DEDICATED TO INQUIRY, DIALOGUE, AND EDUCATION ON THE ETHICAL AND HUMANE DIMENSIONS OF LIFE. AS A COLLABORATIVE AND NONPARTISAN THINK TANK, THE CENTER FOCUSES ON THE DEVELOPMENT OF INTERDISCIPLINARY RESEARCH AND PROGRAMS IN VARIED FIELDS OF KNOWLEDGE, FROM SCIENCE AND TECHNOLOGY TO EDUCATION AND INTERNATIONAL RELATIONS. OUR PROGRAMS EMPHASIZE RESPONSIBILITY AND EXAMINE MEANINGFULNESS AND MORAL PURPOSE BETWEEN INDIVIDUALS, ORGANIZATIONS, AND SOCIETIES. 25,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		NONE PC EJI IS COMMITTED TO ENDING MASS INCARCERATION AND EXCESSIVE PUNISHMENT IN THE UNITED STATES, TO CHALLENGING RACIAL AND ECONOMIC INJUSTICE, AND TO PROTECTING BASIC HUMAN RIGHTS FOR THE MOST VULNERABLE PEOPLE IN AMERICAN SOCIETY. 50,000

FEEDING AMERICA

35 E WACKER DRIVE SUITE 2000
CHICAGO,IL60601 		NONE PC FUNDING FOR AMERICA'S HUNGRY THROUGH A NATIONWIDE NETWORK OF FOOD BANKS IN THE FIGHT TO END HUNGER. 100,000

FINCA

1201 15TH STREET NW 8TH FLOOR
WASHINGTON,DC20005 		NONE PC FUNDING HELPS PROVIDE FINANCIAL SERVICES TO THE WORLD'S LOWEST-INCOME ENTREPRENEURS. 100,000

FUNDERBURG SCHOLARS

199 PARK LANE
CONCORD,MA01742 		NONE PC FUNDERBURG SCHOLARS IS AN ALL VOLUNTEER ORGANIZATION THAT HELPS INNER CITY YOUTH ATTEND COLLEGE. 86% OF OUR FUNDS WERE USED FOR TUITION AND 13% FOR TEXTBOOKS. THE STUDENTS ARE THOSE WHO ATTENDED THE UNITARIAN UNIVERSALIST URBAN MINISTRY'S AFTER SCHOOL ROXBURY YOUTH PROGRAM. 75,000

GLOBAL ARTS PROJECT FOR PEACE

PO BOX 40445
TUCSON,AZ85717 		NONE PC FUNDING FOR THE PROMOTION OF WORLD PEACE THROUGH USE OF THE ARTS. 35,000

GRADUATE SCHOOL FUND (HARVARD)

1033 MASSACHUSETTS AVE SUITE 3
CAMBRIDGE,MA02138 		NONE PC FUNDING TO HARVARD UNIVERSITY FOR GRADUATE PROGRAMS. 150,000

HAITI PROJECTS INC

31 LEONARD STREET
ANNISQUAM,MA01930 		NONE PC FUNDING FOR THE EMPLOYMENT OF LOCAL HAITIAN WOMEN TO CREATE EMBROIDERED PRODUCTS AND LINENS TO STIMULATE INCOME PRODUCTION AND EMPLOYMENT OPPORTUNITIES. 75,000

HARVARD DIVINITY SCHOOL

45 FRANCIS AVE
CAMBRIDGE,MA02138 		NONE PC HARVARD DIVINITY SCHOOL IS A NONSECTARIAN SCHOOL OF RELIGIOUS AND THEOLOGICAL STUDIES THAT EDUCATES STUDENTS BOTH IN THE PURSUIT OF THE ACADEMIC STUDY OF RELIGION AND IN PREPARATION FOR LEADERSHIP IN RELIGIOUS, GOVERNMENTAL, AND A WIDE RANGE OF SERVICE ORGANIZATIONS. 200,000

HARVARD LAW SCHOOL (E ASIAN)

1585 MASSACHUSETTS AVENUE
CAMBRIDGE,MA02138 		NONE PC THE LAW SCHOOL OFFERS INSTRUCTION ON THE LEGAL SYSTEMS OF EAST ASIA AND SPONSORS IN-DEPTH RESEARCH CONDUCTED BY SCHOLARS IN RESIDENCE. JOINT PROGRAMS OF STUDY CAN ALSO BE ARRANGED ON AN INDIVIDUAL BASIS WITH OTHER PARTS OF HARVARD UNIVERSITY. AN ACTIVE EXTRACURRICULAR PROGRAM INCLUDES A LUNCHTIME SPEAKER SERIES THAT COMBINES LECTURES AND DISCUSSIONS ON ASIAN LEGAL THEMES IN AN INFORMAL SETTING, A WORKSHOP SERIES PROVIDING A MORE FORMAL SETTING FOR THE PRESENTATION OF RESEARCH PROJECTS, AND FOREIGN LANGUAGE DISCUSSION GROUPS ON LEGAL ISSUES. 50,000

HARVARD LAW SCHOOL

1585 MASSACHUSETTS AVENUE
CAMBRIDGE,MA02138 		NONE PC HARVARD LAW SCHOOL OFFERS A RANGE OF ACADEMIC PROGRAMS, CLINICS, AND STUDENT ORGANIZATIONS FOR J.D. AND GRADUATE STUDENTS. 50,000

HEALTH EQUITY INTERNATIONAL FKA SAINT BONIFACE HAITI FOUNDATION

40 GLEN AVE
NEWTON,MA02459 		NONE PC HEALTH EQUITY INTERNATIONAL IS DEDICATED TO PROVIDING ESSENTIAL HEALTH SERVICES TO THE PEOPLE OF SOUTHERN HAITI, ESPECIALLY THE MOST VULNERABLE. WE ARE COMMITTED TO BUILDING A COMPREHENSIVE, EFFICIENT, AND RESILIENT HEALTH SYSTEM THAT PROVIDES HIGH QUALITY CARE. WE BELIEVE THAT ENSURING ACCESS TO LIFE-SAVING AND LIFE-CHANGING HEALTH SERVICES IS A CRITICAL COMPONENT TO BUILDING STRONG AND PRODUCTIVE COMMUNITIES. 200,000

HERSHEY MONTESSORY SCHOOL

10229 PROUTY RD
CONCORD TWP,OH44077 		NONE PC FUNDING FOR EDUCATING CHILDREN FROM INFANCY TO 12 YEARS OF AGE AND ADOLESCENTS. 400,000

INSTITUTE FOR ADVANCED STUDY

EINSTEIN DR
PRINCETON,NJ08540 		NONE PC THE INSTITUTE EXISTS TO ENCOURAGE AND SUPPORT FUNDAMENTAL SCHOLARSHIPTHE ORIGINAL, OFTEN SPECULATIVE, THINKING THAT PRODUCES ADVANCES IN KNOWLEDGE THAT CHANGE THE WAY WE UNDERSTAND THE WORLD. WORK AT THE INSTITUTE TAKES PLACE IN FOUR SCHOOLS: HISTORICAL STUDIES, MATHEMATICS, NATURAL SCIENCES AND SOCIAL SCIENCE. IT PROVIDES FOR THE MENTORING OF YOUNGER SCHOLARS BY A PERMANENT FACULTY, AND IT OFFERS ALL WHO WORK THERE THE FREEDOM TO UNDERTAKE RESEARCH THAT WILL MAKE SIGNIFICANT CONTRIBUTIONS IN ANY OF THE BROAD RANGE OF FIELDS IN THE SCIENCES AND HUMANITIES STUDIED AT THE INSTITUTE. THE INSTITUTE, FOUNDED IN 1930, IS A PRIVATE, INDEPENDENT ACADEMIC INSTITUTION LOCATED IN PRINCETON, NEW JERSEY. 100,000

INWARD BOUND MINDFULNESS EDUCATION

768 GREAT POND RD
N ANDOVER,MA01845 		NONE PC FUNDING FOR YOUTH TRAINING 200,000

KARUNA-SHECHEN

237 WEST 35TH STREET SUITE 1101
NEW YORK,NY10001 		NONE PC KARUNA-SHECHEN WORKS TO PROVIDE HEALTH CARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET. 200,000

LAMA YESHE WISDOM PUBLICATIONS

PO BOX 356
WESTON,MA02493 		NONE PC FUNDING HELPS TRANSLATE, EDIT, REPRODUCE, PUBLISH AND DISTRIBUTE EDUCATIONAL MATERIALS ON THE TEACHINGS OF LAMA YESHE AND LAMA ZAPA RINPOCHE TO THE GENERAL PUBLIC. 50,000

MACDOWELL

10 HIGH STREET
PETERBOROUGH,NH03458 		NONE PC THE MISSION OF MACDOWELL IS TO NURTURE THE ARTS BY OFFERING CREATIVE INDIVIDUALS AN INSPIRING ENVIRONMENT IN WHICH THEY CAN PRODUCE ENDURING WORKS OF THE IMAGINATION. OUR ADMISSIONS PHILOSOPHY IS THAT RESIDENCIES ARE OFFERED BASED ON COMMITMENT TO ARTISTIC PRACTICE DEMONSTRATED BY WORK SAMPLES AND THE CLARITY OF PURPOSE EXPRESSED IN APPLICANTS' PROJECT DESCRIPTIONS, RATHER THAN REPUTATION OR PAST ACHIEVEMENTS. OUR ONGOING OUTREACH EFFORTS SEEK TO INFORM AND ENCOURAGE ANY ARTIST TO APPLY TO MACDOWELL. 25,000

MIND AND LIFE INSTITUTE

7007 WINCHESTER CIRCLE SUITE 100
BOULDER,CO80301 		NONE PC FUNDING FOR MEETINGS BETWEEN WESTERN SCIENTISTS AND LEADING CONTEMPLATIVE FIGURES TO STUDY SIMILARITIES AND DIFFERENCES BETWEEN WESTERN SCIENTIFIC PRACTICES AND CONTEMPLATIVE MEDITATIONAL TECHNIQUES. 734,819

MIND AND LIFE INSTITUTE

7007 WINCHESTER CIRCLE SUITE 100
BOULDER,CO80301 		NONE PC FUNDING FOR GRANTS AWARDED ANNUALLY TO RESEARCH SCIENTISTS WHO HAVE ATTENDED THE EUROPEAN SUMMER RESEARCH INSTITUTE (ESRI). THESE GRANTS FUND SCIENTIFIC AND SCHOLARLY EXAMINATIONS OF CONTEMPLATIVE TECHNIQUES, WITH THE ULTIMATE GOAL THAT FINDINGS WILL PROVIDE GREATER INSIGHT INTO THE MECHANISMS OF CONTEMPLATIVE PRACTICE AND ITS APPLICATION FOR REDUCING HUMAN SUFFERING. SEE IN THE LIST BELOW ALL EVA RECIPIENTS AND THEIR RESEARCH PROJECTS. 133,275

MONTESSORI DEVELOPMENT PARTNERSHIP

13693 BUTTERNUT ROAD
BURTON,OH44021 		NONE PC TO DEVELOP AND IMPLEMENT MONTESSORI PROJECTS SUCH AS MEDIA DEVELOPMENT, STUDY GROUPS, PROFESSIONAL DEVELOPMENT, TEACHER TRAINING, CURRICULUM DEVELOPMENT, AND COLLABORATIVE PROGRAMS. 50,000

OXFAM AMERICA

26 WEST STREET BOSTON MA 02111
BOSTON,MA02111 		NONE PC FUNDING IS FOR THE CREATION OF LASTING SOLUTIONS TO END POVERTY, HUNGER AND INJUSTICE. 170(B)(1)(A)(VI) 200,000

PARTNERS IN HEALTH

800 BOYLSTON ST SUITE 300
BOSTON,MA02199 		NONE PC OUR MISSION IS A PREFERENTIAL OPTION FOR THE POOR IN HEALTH CARE. BY ESTABLISHING LONG-TERM RELATIONSHIPS WITH SISTER ORGANIZATIONS BASED IN SETTINGS OF POVERTY, PARTNERS IN HEALTH STRIVES TO ACHIEVE TWO OVERARCHING GOALS: TO BRING BENEFITS OF MODERN MEDICAL SCIENCE TO THOSE MOST IN NEED OF THEM AND TO SERVE AS AN ANTIDOTE TO DESPAIR. 350,000

PHYS WELLNESS FUND AT BRIGHAM&WOMENS HOS

75 FRANCIS ST
BOSTON,MA02115 		NONE PC FUNDING FOR PHYSICAL WELLNESS FUND AT BRIGHAM AND WOMANS. BRIGHAM AND WOMEN'S HOSPITAL IS DEDICATED TO: SERVING THE NEEDS OF OUR LOCAL AND GLOBAL COMMUNITY, PROVIDING THE HIGHEST QUALITY HEALTH CARE TO PATIENTS AND THEIR FAMILIES, EXPANDING THE BOUNDARIES OF MEDICINE THROUGH RESEARCH, 250,000

PRAJNOPAYA INSTITUTE OF BUDDHIST STUDIES

40 MASSACHUSETTS AVE SUITE 063
CAMBRIDGE,MA02139 		NONE PC PURPOSE IS TO DEVOTE TO A NON-SECTARIAN AND NON-DENOMINATIONAL APPROACH TO DHARMA. STUDENTS ARE ENCOURAGED TO ENGAGE IN THE STUDY OF THE THERAVADA, MAHAYANA, AND VAJRAYANA (TRIYANA) SCHOOLS. PRAJNOPAYA ALSO BRINGS TOGETHER ALL FIVE SCHOOLS OF TIBETAN BUDDHISM. 125,000

PRISON MINDFULNESS INSTITUTE

98 COLUMBIA AVENUE
CRANSTON,RI02908 		NONE PC PROVIDES PRISONERS, AND THOSE WHO WORK WITH THEM, WITH THE MOST EFFECTIVE CONTEMPLATIVE TOOLS FOR SELF-TRANSFORMATION AND REHABILITATION. 125,000

PROJECT BREAD

145 BORDER STREET
BOSTON,MA02128 		NONE PC FUNDING PROVIDES HUNGER RELIEF GRANTS TO FOOD PANTRIES, SOUP KITCHENS, FOOD BANKS, FOOD SALVAGE PROGRAMS, AND FOOD TRANSPORTATION PROGRAMS. 30,000

ROSIE'S PLACE

889 HARRISON AVENUE
BOSTON,MA02118 		NONE PC FUNDING HELPS PROVIDE FOOD AND NUTRITION, HOUSING, EMPLOYMENT, AND HEALTH SERVICES FOR POOR AND HOMELESS WOMEN IN BOSTON. 60,000

SRAVASTI ABBEY

PO BOX 447
NEWPORT,WA99156 		NONE PC FUNDING SUPPORTS A FLOURISHING MONASTIC COMMUNITY WHERE LEARNING AND PRACTICING BUDDHAS ANCIENT TEACHINGS CULTIVATE PEACE IN THE HEARTS OF RESIDENTS, VISITORS, AND THE WORLD. 200,000

ST BARBARA INSTITUTE FOR CONSCIOUSNESS STUDIES

PO BOX 3573
SANTA BARBARA,CA93130 		NONE PC CONTEMPLATIVE RESEARCH AND EDUCATION. 40,000

STILL HARBOR

666 DORCHESTER AVE
BOSTON,MA02127 		NONE PC FUNDING TO SUPPORT THE OFFERING OF SPIRITUAL FORMATION AND ACCOMPANIMENT TO INDIVIDUALS AND ORGANIZATIONS CONCERNED WITH HUMAN THRIVING AND SOCIAL JUSTICE. 20,000

TEENSMART INTERNATIONAL

107 APPLE CART WAY
MORRISVILLE,NC27560 		NONE PC LIFE-SKILLS EDUCATION FOR TEENAGERS 50,000

THE GREATER BOSTON FOOD BANK

70 SOUTH BAY AVENUE
BOSTON,MA02118 		NONE PC TO END HUNGER IN EASTERN MASSACHUSETTS. THE OBJECTIVE IS TO DISTRIBUTE ENOUGH FOOD TO PROVIDE AT LEAST ONE MEAL A DAY TO THOSE IN NEED. 30,000

THE HUNGER PROJECT

15 EAST 26TH STREET
NEW YORK,NY10010 		NONE PC FUNDING GOES TOWARDS EMPOWERING PEOPLE TO CREATE LASTING PROGRESS THROUGH EDUCATION, HEALTH, NUTRITION, FAMILY INCOMES AND GENDER EQUALITY. 100,000

THE HUNTINGTON

560 HARRISON AVENUE SUITE 504
BOSTON,MA02118 		NONE PC FUNDING FOR THE HUNTINGTON THEATER COMPANY. THE MISSION OF THE HUNTINGTON IS TO ENGAGE, INSPIRE, ENTERTAIN, EDUCATE, AND CHALLENGE AUDIENCES WITH CULTURALLY DIVERSE THEATRICAL PRODUCTIONS THAT RANGE FROM CLASSICS TO NEW WORKS 50,000

THOMPSON ISLAND OUTWARD BOUND

PO BOX 127
BOSTON,MA02127 		NONE PC TO PROVIDE INDIVIDUALS WITH ADVENTUROUS AND CHALLENGING EXPERIMENTAL LEARNING PROGRAMS THAT INSPIRE CHARACTER DEVELOPMENT, COMPASSION, COMMUNITY SERVICE, ENVIRONMENTAL RESPONSIBILITY AND ACADEMIC ACHIEVEMENT. 150,000

UC DAVIS FOUNDATION

1 SHIELDS AVE
DAVIS,CA95616 		NONE PC FUNDING FOR UNIVERSITY OF CALIFORNIA, DAVIS TO EDUCATE STUDENTS. 130,000

UNIV OF WISCONSIN FOUNDATION

1848 UNIVERSITY AVENUE
MADISON,WI53726 		NONE PC AIDS UNIVERSITY OF WISCONSIN-MADISON BY SOLICITING GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY AND DISTRIBUTES PAYMENTS FOR BENEFIT OF UW-MADISON. 200,000

UPAYA INSTITUE AND ZEN CENTER

1404 CERRO GORDO ROAD
SANTA FE,NM87501 		NONE PC UPAYA ZEN CENTER IS MODEL OF SOCIALLY ENGAGED BUDDHISM. IT BRINGS TOGETHER MANY PROJECTS FOCUSED ON SOCIAL TRANSFORMATION, INCLUDING WORK IN PRISONS, END-OF-LIFE CARE, SERVING THE HOMELESS, TRAINING OF CHAPLAINS IN SOCIALLY ENGAGED PRACTICE, PEACE AND NON-VIOLENCE WORK, TRAINING OF CLINICIANS ALL OVER THE WORLD IN COMPASSIONATE CARE, AND DELIVERING HEALTHCARE IN REMOTE REGIONS OF THE HIMALAYAS. UPAYA IS A GLOBAL COMMUNITY FOR THOSE WORKING TO CREATE RACIAL, ECONOMIC, AND ENVIRONMENTAL JUSTICE, COMPASSIONATE CARE FOR THE MOST VULNERABLE, AND A PLACE OF COMMITTED, DAILY CONTEMPLATIVE PRACTICE AND LEARNING THROUGH ITS RETREATS, TRAININGS, AND PROGRAMS, FREE DHARMA PODCASTS AND COMMUNITY SERVICES. 100,000

WHOLE SCHOOL MINDFULNESS

460 CHESTNUT STREET
WRENTHAM,MA02093 		NONE PC WOMEN'S STUDIO WORKSHOP ENVISIONS A SOCIETY WHERE WOMEN'S VISUAL ART IS INTEGRAL TO THE CULTURAL MAINSTREAM AND PERMANENTLY RECORDED IN HISTORY. OUR MISSION IS TO OPERATE AND MAINTAIN AN ARTISTS' WORKSPACE THAT ENCOURAGES THE VOICE AND VISION OF INDIVIDUAL WOMEN ARTISTS, PROVIDES PROFESSIONAL OPPORTUNITIES FOR ARTISTS AT VARIOUS STAGES OF THEIR CAREERS, AND PROMOTES PROGRAMS DESIGNED TO STIMULATE PUBLIC INVOLVEMENT, AWARENESS, AND SUPPORT FOR THE VISUAL ARTS. 500,000

WISDOM PUBLICATIONS

199 ELM ST
SOMERVILLE,MA02144 		NONE PC THE LEADING PUBLISHER OF CONTEMPORARY AND CLASSIC BOOKS AND PRACTICAL WORKS ON BUDDHISM, MINDFULNESS, MEDITATION, AND OTHER CONTEMPLATIVE TRADITIONS. WISDOM IS A NONPROFIT CHARITABLE ORGANIZATION DEDICATED TO CULTIVATING WRITERS AND TEACHERS THE WORLD OVER, ADVANCING CRITICAL SCHOLARSHIP, PRESERVING AND SHARING THE LITERARY CULTURE OF VARIOUS CONTEMPLATIVE TRADITIONS, AND HELPING PEOPLE FIND AND ENGAGE WITH THE TEACHERS, TEACHINGS, AND PRACTICES FOR A WISE AND COMPASSIONATE LIFE. 60,000
Total .................................right arrow 3a 6,543,094
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 115,208  
4 Dividends and interest from securities ....     14 2,305,903  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 3  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 414,842  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,835,956 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,835,956
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
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Form 990-PF (2023)
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Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ERNST & YOUNG 28,236 0 0 28,236

TY 2023 AllOthProgRltdInvestmentsSch
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Category Amount
NONE 0

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Name of Bond End of Year Book Value End of Year Fair Market Value
TOYOTA MTR CR CORP 297,732 290,196
INTERNATIONAL BUSINESS MACHS CORP 300,000 296,736
AT&T INC 300,045 300,072
SOUTHERN CO 299,973 297,606
AMAZON.COM INC 299,629 294,702
UNITEDHEALTH GROUP INC 299,688 294,579
NATIONAL RURAL UTIL CORP 299,727 289,791
THERMO FISHER SCIENTIFIC 300,062 290,427
ROYAL BANK CANADA 300,120 299,241
AMERICAN EXPRESS CO 299,594 290,295
NUCOR CORP 301,158 295,224
JOHN DEERE CAPITAL CORP 300,834 294,978
WALMART INC 299,790 297,078
COMCAST INC 299,919 303,033
PROCTOR & GAMBLE CO/THE 299,836 299,079
NEXTERA ENERGY CAPITAL 300,750 302,670
CITIBANK NA 300,195 305,037
KEY BANK NA 299,751 293,073
CVS HEALTH CORP 299,568 301,530
RTX CORP 299,730 308,139
JP MORGAN CHASE BANK NA 300,000 302,841
WESTPAC BANKING CORP 300,738 304,854
PFIZER INVESTMENT ENTER 300,060 299,274

TY 2023 InvestmentsCorpStockSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Name of Stock End of Year Book Value End of Year Fair Market Value
GARRETT MOTION INC 5,441 14,022
COCA COLA COM 1,622,640 3,771,520
KIMBERLY CLARK 915,399 2,430,200
KRAFT HEINZ CO 246,902 308,154
MONDELEZ INTERNATIONAL INC 480,699 1,810,750
UNILEVER PLC 1,014,835 2,268,864
WALMART INC 1,120,688 3,941,250
US BANCORP 694,365 908,880
AVANOS MEDICAL INC 39,656 56,075
BRISTOL-MYERS SQUIBB CO 508,563 1,026,200
MERICK AND CO INC 974,446 5,848,269
ORGANON AND CO 48,803 77,349
PFIZER INC 875,902 1,521,552
VIATRIS INC 48,041 71,012
HONEYWELL INTL INC 485,009 3,040,795
UNITED PARCEL SVC INC CL B 347,888 786,150
INTEL CORP 441,681 2,914,500
ORACLE CORP 314,200 2,108,600
RESIDEO TECHNOLOGIES INC 14,576 45,469
ADVANSIX INC 2,688 17,377
CHEMOURS CO 20,796 94,620
CORTEVA INC 67,290 307,167
DOW INC 131,396 351,524
DUPONT DE NEMOURS INC 192,838 493,121
INTL PAPER CO 719,878 1,156,800
SYLVAMO CORP 40,547 142,861
AT&T INC 788,202 761,510
ISHARES MSCI TAIWAN ETF 355,000 1,150,750
GEN DIGITAL INC 157,635 205,380
WARNER BROS DISCOVERY 241,843 124,930
MATIV INC 15,531 12,585
ISHARES MSCI BRAZIL ETF 166,259 104,880
AGILENT TECHNOLOGIES INC 400,027 2,085,450
BANK OF AMERICA CORP 250,342 1,515,150
CONDUENT INC 87,052 49,275
FEDEX CORP 1,400,982 3,794,550
GENERAL ELECTRIC CO NEW 322,447 813,641
GE HEALTHCARE TECHNOLOGIES INC 85,043 164,305
INTL BUSINESS MACHINES CORP 385,394 572,425
KEYSIGHT TECHNOLOGIES INC 152,573 1,193,175
KRAFT HEINZ CO 592,800 702,620
KYNDRL HOLDINGS INC 16,896 14,546
PEPSICO INC 513,250 1,358,720
PITNEY BOWES INC 97,234 53,680
TOYOTA MOTOR CORP 224,350 641,830
WABTEC 20,920 34,009

TY 2023 InvestmentsGovtObligationsSch
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
US Government Securities - End of Year Book Value:

9,739,922
US Government Securities - End of Year Fair Market Value:

9,997,090
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EMERGING MKTS STK IDX ADM AT COST 646,865 651,214
HIGH DIVIDEND YLD IDX ADM AT COST 1,785,050 2,689,681
PACIFIC STOCK INDEX ADM AT COST 1,715,012 2,155,584
500 INDEX FUND ADM AT COST 1,135,127 1,927,669

TY 2023 OtherDecreasesSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Description Amount
TIMING DIFFERENCES - GRANTS (2022) 134,949


TY 2023 OtherIncomeSchedule2
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MISCELLANEOUS INCOME 3 3 0


TY 2023 OtherIncreasesSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Description Amount
TIMING DIFFERENCES - GRANTS (2023) 792,480
INCREASE IN FUND BALANCE 271,335


TY 2023 OtherProfessionalFeesSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODIAN FEES AND BANK CHARGE 31,705 31,705 0 0


TY 2023 TaxesSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 18,121 18,121 0 0
FEDERAL TAXES 25,000 0 0 0