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In 1963, the M. S. Hershey Foundation offered $50 million to the Pennsylvania State University to establish a medical school and teaching hospital in Hershey, Pennsylvania. [9] With this grant and $21.3 million from the U.S. Public Health Service, the university built a medical school, teaching hospital, and research center.
In 1905, Hershey created the Hershey Trust Company to provide banking to the town of Hershey. In 1909, Hershey and his wife Catherine, who were unable to have children, established the Hershey Industrial School for orphan boys (renamed the Milton Hershey School in 1951). Hershey created a deed of trust establishing a trust fund for the school.
The Hershey Company was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, originally established as a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company. [6] Hershey's chocolate is available in 60 countries. [7]
PSCH is affiliated with the Penn State College of Medicine and is located at the Milton S. Hershey Medical Center. The hospital provides comprehensive pediatric specialties and subspecialties to infants, children, teens, and young adults aged 0–21 [ 2 ] [ 3 ] throughout central Pennsylvania and surrounding regions.
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4. 'Kiss' Wasn't Trademarked Until 2001. It's precisely because the term "Kiss" was, well, not so special that Hershey actually didn't prevail in a trademark battle over the name until 2001.
The trust was created in 1909 by a deed of trust from Milton and Catherine Hershey, granting 486 acres (197 ha) of land in Hershey for the establishment of the Milton Hershey School. [ 22 ] [ 23 ] In 1918, Milton Hershey quietly donated to the trust the bulk of his fortune, $60 million of stock in Hershey Chocolate Company (now the Hershey ...
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