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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$82,775,414J 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) 44,614
2 Check right arrow.............
3 Interest on savings and temporary cash investments 747,870 747,870  
4 Dividends and interest from securities... 2,090,458 2,090,458  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,608
b Gross sales price for all assets on line 6a 2,402,801
7 Capital gain net income (from Part IV, line 2)... 3,608
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
18,637 18,637 0
12 Total. Add lines 1 through 11........ 2,905,187 2,860,573 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
27,550 0 0 27,550
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
33,457 33,457 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
41,570 16,570 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.......... 102,577 50,027 0 27,550
25 Contributions, gifts, grants paid....... 6,616,585 6,616,585
26 Total expenses and disbursements. Add lines 24 and 25 6,719,162 50,027 0 6,644,135
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,813,975
b Net investment income (if negative, enter -0-) 2,810,546
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 5,682,618 11,371,618 11,371,618
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) 9,739,922 0 0
b Investments—corporate stock (attach schedule)....... 17,648,947 Click to see attachment
List of Attached Documents:
// Content
17,634,995 		55,866,581
c Investments—corporate bonds (attach schedule)....... 6,898,899 Click to see attachment
List of Attached Documents:
// Content
6,297,408 		6,313,800
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).......... 5,282,054 Click to see attachment
List of Attached Documents:
// Content
5,529,618 		9,223,415
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) 45,252,440 40,833,639 82,775,414
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 45,252,440 40,833,639
29 Total net assets or fund balances (see instructions)..... 45,252,440 40,833,639
30 Total liabilities and net assets/fund balances (see instructions). 45,252,440 40,833,639
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
45,252,440
2
Enter amount from Part I, line 27a .....................
2
-3,813,975
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
190,000
4
Add lines 1, 2, and 3 ..........................
4
41,628,465
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
794,826
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
40,833,639
Form 990-PF (2024)
Form 990-PF (2024)
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 #1676   2023-01-01 2024-12-31
b VANGUARD #0675   2024-01-01 2024-12-31
c
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 2,402,709   2,399,163 3,546
b 92   30 62
c
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       3,546
b       62
c
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 3,608
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 62
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 39,067
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 39,067
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 39,067
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 15,312
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 115,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 130,312
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 1,061
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 90,184
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow90,184 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 DECEASED ON 51324 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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
80,489,131
b
Average of monthly cash balances.......................
1b
3,510,583
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
83,999,714
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
83,999,714
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,259,996
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
82,739,718
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,136,986
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
4,136,986
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
39,067
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
39,067
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,097,919
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,097,919
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
4,097,919
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
6,644,135
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
6,644,135
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 4,097,919
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,992,198
b From 2020...... 470,582
c From 2021...... 1,200,686
d From 2022...... 2,714,844
e From 2023...... 2,631,566
f Total of lines 3a through e ........ 9,009,876
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,644,135
a Applied to 2023, 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 2024 distributable amount..... 4,097,919
e Remaining amount distributed out of corpus 2,546,216
5 Excess distributions carryover applied to 2024. 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 11,556,092
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,992,198
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		9,563,894
10 Analysis of line 9:
a Excess from 2020.... 470,582
b Excess from 2021.... 1,200,686
c Excess from 2022.... 2,714,844
d Excess from 2023.... 2,631,566
e Excess from 2024.... 2,546,216
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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

ALTRUISM IN MEDICAL INSTITUTE

100 S COMMONS
PITTSBURGH,PA15212 		NONE PC TO INCREASE COMPASSION AND RESILIENCE AMONG HEALTH CARE PROFESSIONALS AND THEIR PATIENTS. WE DELIVER LECTURES AND WORKSHOPS; WRITE CURRICULUM; PUBLISH BOOKS; AND COLLABORATE ON METRICS TO MEASURE OUTCOMES. OVER THE PAST YEARS OUR COMPASSION TRAININGS HAVE IMPACTED A GROWING NUMBER OF HEALTH CARE PROFESSIONALS. 80,000

BRIGHAM & WOMEN'S HOSPITAL

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

BROWN UNIVERSITY

38 GEORGE STREET
PROVIDENCE,RI02912 		NONE PC FUNDING TO BROWN UNIVERSITY FOR CONTEMPLATICE STUDIES INITIATIVE. 90,000

BUDDHIST DIGITAL RESOURCE CTR

210 SOUTH ST FL 1
BOSTON,MA02111 		NONE PC USING STATE-OF-THE ART TECHNOLOGY, THE BUDDHIST DIGITAL RESOURCE CENTER IS THE LEADER IN THE FIELD OF DIGITAL PRESERVATION OF BUDDHIST TEXTS, WORKING WITH LOCAL PARTNERS TO PROVIDE FREE ACCESS FOR THE GLOBAL COMMUNITY. THE BUDDHIST DIGITAL RESOURCE CENTER IS THE LARGEST ONLINE ARCHIVE OF TIBETAN AND BUDDHIST TEXTS IN THE WORLD, AND PROVIDES OPEN ACCESS TO THIS INCREDIBLE BODY OF LITERATURE VIA AN ONLINE LIBRARY, A MOBILE APP, AND HARD DRIVE DISTRIBUTION PROGRAMS. 100,000

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. 100,000

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 		  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

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. 100,000

HERSHEY MONTESSORY SCHOOL

10229 PROUTY RD
CONCORD TWP,OH44077 		NONE PC FUNDING FOR EDUCATING CHILDREN FROM INFANCY TO 12 YEARS OF AGE AND ADOLESCENTS. 300,000

HOLDEN FORESTS & GARDENS

11030 EAST BLVD
CLEVELAND,OH44106 		NONE PC CONNECTS PEOPLE WITH THE WONDER, BEAUTY, AND VALUE OF TREES AND PLANTS, TO INSPIRE ACTION FOR HEALTHY COMMUNITIES. 100,000

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. 143,600

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 FUND PROJECTS THAT ADVANCE OUR UNDERSTANDING OF THE MECHANISMS, IMPLEMENTATION, AND OUTCOMES OF CONTEMPLATIVE APPROACHES TO PROMOTE WELL-BEING AND PROSOCIAL BEHAVIOR IN INDIVIDUALS AND COMMUNITIES. 451,900

MIND AND LIFE INSTITUTE EUROPE VARELA

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. 128,084

MIND AND LIFE INSTITUTE MIND & LIFE EUROPE

7007 WINCHESTER CIRCLE SUITE 100
BOULDER,CO80301 		NONE PC MLE IS A HOME FOR UNCONVENTIONAL INTERDISCIPLINARY ENCOUNTERS, WHERE RESEARCHERS AND PRACTITIONERS ENRICH ONE ANOTHER IN THEIR UNDERSTANDING OF MIND AND LIFE, THROUGH THE RIGOUR OF SCIENTIFIC INQUIRY, THE OPENNESS OF PHILOSOPHICAL INVESTIGATION, THE EDGINESS OF ARTISTIC EXPLORATION, AND THE DEPTH OF CONTEMPLATIVE WISDOM TRADITIONS. WE BELIEVE THAT HOLDING AN OPEN-HEARTED AND INTERDISCIPLINARY SPACE OF DIALOGUE IS IN ITSELF A RADICAL, ETHICAL MODE OF BEING-IN-THE-WORLD, WHICH GENERATES NEW PATHWAYS OF RESEARCH AND COLLECTIVE SENSE-MAKING WITH TRANSFORMATIVE POTENTIAL. 108,502

MIND AND LIFE INSTITUTE SUMMER RESEARCH 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. 132,195

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

PRES & FELLOWS HARVARD UNIVERSITY

1033 MASSACHUSETTS AVE STE 3
CAMBRIDGE,MA02138 		NONE PC SCHOLARSHIPS, GRANTS, AND AWARDS TO STUDENTS (BOTH UNDERGRADUATE AND GRADUATE) AND FACULTY OF HARVARD UNIVERSITY, MA 500,000

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. 30,000

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. 100,000

ST BARBARA INSTITUTE FOR CONSCIOUSNESS STUDIES

PO BOX 3573
SANTA BARBARA,CA93130 		NONE PC CONTEMPLATIVE RESEARCH AND EDUCATION. 80,000

TEENSMART INTERNATIONAL

107 APPLE CART WAY
MORRISVILLE,NC27560 		NONE PC FUNDING LIFE-SKILLS EDUCATION FOR TEENAGERS 60,000

TERGAR INTERNATIONAL

1621 E HENNEPIN AVE STE 210
MINNEAPOLIS,MN55414 		NONE PC TRANSFORM HEARTS AND MINDS BY MAKING THE ANCIENT WISDOM OF MEDITATION ACCESSIBLE TO THE MODERN WORLD. 50,000

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

UC DAVIS FOUNDATION

1 SHIELDS AVE
DAVIS,CA95616 		NONE PC FUNDING FOR UNIVERSITY OF CALIFORNIA, DAVIS TO EDUCATE STUDENTS. 137,304

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. 250,000

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. 750,000

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

WOMEN'S STUDIO WORKSHOP

722 BINNEWATER LANE
KINGSTON,NY12472 		NONE PC TO OPERATE AND MAINTAIN AN ARTISTS WORKSPACE THAT ENCOURAGES THE VOICE AND VISION OF INDIVIDUAL WOMEN ARTISTS, TO PROVIDE PROFESSIONAL OPPORTUNITIES FOR ARTISTS AND TO PROMOTE PROGRAMS DESIGNED TO STIMULATE PUBLIC INVOLVEMENT, AWARENESS AND SUPPORT FOR THE VISUAL ARTIST. 400,000
Total .................................right arrow 3a 6,616,585
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ........... 		    14 747,870  
4 Dividends and interest from securities ....     14 2,090,458  
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 18,637  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,608  
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 2,860,573 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,860,573
(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 (2024)
Form 990-PF (2024)
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
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE HERSHEY FAMILY FOUNDATION
CHOATE HALL & STEWART LLP C CASEY
Employer identification number

34-1574366
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE HERSHEY FAMILY FOUNDATION
CHOATE HALL & STEWART LLP C CASEY 		Employer identification number
34-1574366
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CONNIE HERSHEY DECEASED 05032024
381 GARFIELD ROAD
 
CONCORD, MA01742

$ 44,614


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE HERSHEY FAMILY FOUNDATION
CHOATE HALL & STEWART LLP C CASEY 		Employer identification number

34-1574366
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE HERSHEY FAMILY FOUNDATION
CHOATE HALL & STEWART LLP C CASEY 		Employer identification number

34-1574366
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 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 27,550 0 0 27,550

TY 2024 AllOthProgRltdInvestmentsSch
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Category Amount
NONE 0

TY 2024 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 297,732 298,974
AMERICAN HONDA FIN CORP 299,958 300,657
USD BANK NOVA SCOTIA 300,048 304,719
AMERICAN EXPRESS CO 299,594 299,079
NUCOR CORP 301,158 298,911
JOHN DEERE CAPITAL CORP 300,834 298,503
WALMART INC 299,790 298,947
PROCTOR & GAMBLE CO/THE 299,836 299,139
NEXTERA ENERGY CAPITAL 300,750 300,483
CITIBANK NA 300,195 302,640
KEY BANK NA 299,751 299,445
CVS HEALTH CORP 299,568 299,691
RTX CORP 299,730 305,343
JP MORGAN CHASE BANK NA 300,000 303,159
WESTPAC BANKING CORP 300,738 302,457
PFIZER INVESTMENT ENTER 300,060 299,547
DUKE ENERGY CORP 299,967 300,906
TEXAS INSTRUMENTS INC 299,808 301,287
GENERAL MOTORS FINL CO 299,958 302,985
STATE STREET CORP 297,933 298,146
INTERNATIONAL BUSINESS MACHS CORP 300,000 298,782

TY 2024 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
INTL BUSINESS MACHINES CORP 385,394 769,405
ISHARES MSCI BRAZIL ETF 166,259 67,530
AGILENT TECHNOLOGIES INC 400,027 2,015,100
BANK OF AMERICA CORP 250,342 1,977,750
CONDUENT INC 87,052 54,540
FEDEX CORP 1,387,030 4,219,950
GE AEROSPACE 322,447 1,063,286
GE HEALTHCARE TECHNOLOGIES INC 85,043 166,133
KEYSIGHT TECHNOLOGIES INC 152,573 1,204,725
KRAFT HEINZ CO 592,800 583,490
KYNDRL HOLDINGS INC 16,896 24,220
PEPSICO INC 513,250 1,216,480
PITNEY BOWES INC 97,234 88,328
WABTEC 20,920 50,810
TOYOTA MOTOR CORP 224,350 681,135
GARRETT MOTION INC 5,441 13,094
COCA COLA COM 1,622,640 3,984,640
KIMBERLY CLARK 915,399 2,620,800
KRAFT HEINZ CO 246,902 255,906
MONDELEZ INTERNATIONAL INC 480,699 1,493,250
UNILEVER PLC 1,014,835 2,653,560
WALMART INC 1,120,688 6,776,250
US BANCORP 694,365 1,004,430
AVANOS MEDICAL INC 39,656 39,800
BRISTOL-MYERS SQUIBB CO 508,563 1,131,200
MERCK AND CO INC 974,446 5,336,505
ORGANON AND CO 48,803 80,031
PFIZER INC 875,902 1,402,111
VIATRIS INC 48,041 81,635
HONEYWELL INTL INC 485,009 3,275,405
UNITED PARCEL SVC INC CL B 347,888 630,500
INTEL CORP 441,681 1,162,900
ORACLE CORP 314,200 3,332,800
RESIDEO TECHNOLOGIES INC 14,576 55,689
ADVANSIX INC 2,688 16,524
CHEMOURS CO 20,796 50,700
CORTEVA INC 67,290 365,114
DOW INC 131,396 257,233
DUPONT DE NEMOURS INC 192,838 488,763
INTL PAPER CO 719,878 1,722,240
SYLVAMO CORP 40,547 229,869
AT&T INC 788,202 1,033,348
ISHARES MSCI TAIWAN ETF 355,000 1,294,000
GEN DIGITAL INC 157,635 246,420
WARNER BROS DISCOVERY 241,843 116,037
MATIV INC 15,531 8,960
GE VERNOVA SPIN-OFF 0 523,985

TY 2024 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 668,908 722,746
HIGH DIVIDEND YLD IDX ADM AT COST 1,869,572 3,162,900
PACIFIC STOCK INDEX ADM AT COST 1,781,872 2,182,409
500 INDEX FUND ADM AT COST 1,164,652 2,408,956
INHERITED IRA - C. HERSHEY AT COST 44,614 746,404

TY 2024 OtherDecreasesSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Description Amount
TIMING DIFFERENCES - GRANTS (2023) 792,480
DECREASE TO FUND BALANCE 2,346


TY 2024 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 18,637 18,637 0


TY 2024 OtherIncreasesSchedule
Name:
THE HERSHEY FAMILY FOUNDATION
 
CHOATE HALL & STEWART LLP C CASEY
EIN:
34-1574366
Description Amount
TIMING DIFFERENCES - GRANTS (2024) 190,000


TY 2024 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 33,457 33,457 0 0


TY 2024 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 16,058 16,058 0 0
FEDERAL TAXES 25,000 0 0 0
STATE INCOME TAXES 512 512 0 0